InterRent REIT (TSE:IIP) to Post FY2024 Earnings of $0.59 Per Share, National Bank Financial Forecasts

InterRent REIT (TSE:IIPGet Rating) – Investment analysts at National Bank Financial issued their FY2024 earnings per share estimates for shares of InterRent REIT in a research note issued on Thursday, January 5th. National Bank Financial analyst M. Kornack expects that the company will post earnings of $0.59 per share for the year.

InterRent REIT Stock Performance

InterRent REIT has a 1-year low of C$7.31 and a 1-year high of C$10.19.

InterRent REIT Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, January 16th. Stockholders of record on Saturday, December 31st will be issued a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a dividend yield of ∞. This is a positive change from InterRent REIT’s previous monthly dividend of $0.03. The ex-dividend date is Thursday, December 29th.

InterRent REIT Company Profile

(Get Rating)

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

Featured Stories

Earnings History and Estimates for InterRent REIT (TSE:IIP)

Receive News & Ratings for InterRent REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterRent REIT and related companies with MarketBeat.com's FREE daily email newsletter.