Raymond James Brokers Cut Earnings Estimates for InterRent REIT (TSE:IIP)

InterRent REIT (TSE:IIP) – Stock analysts at Raymond James dropped their Q2 2025 EPS estimates for InterRent REIT in a note issued to investors on Wednesday, April 24th. Raymond James analyst B. Sturges now forecasts that the company will earn $0.17 per share for the quarter, down from their prior estimate of $0.18. Raymond James also issued estimates for InterRent REIT’s FY2025 earnings at $0.69 EPS.

InterRent REIT Stock Performance

InterRent REIT has a fifty-two week low of C$7.31 and a fifty-two week high of C$10.19.

InterRent REIT (TSE:IIP) last announced its quarterly earnings data on Thursday, February 29th. The company reported C$0.19 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.05. The business had revenue of C$61.88 million during the quarter, compared to analysts’ expectations of C$60.48 million.

InterRent REIT Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a dividend of $0.032 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

InterRent REIT Company Profile

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).