Brokers Offer Predictions for InterRent REIT’s Q2 2025 Earnings (TSE:IIP)

Posted by Steve Reilly on Apr 25th, 2024

InterRent REIT (TSE:IIP – Free Report) – Equities research analysts at Raymond James cut their Q2 2025 earnings estimates for shares of InterRent REIT in a note issued to investors on Wednesday, April 24th. Raymond James analyst B. Sturges now expects that the company will post earnings of $0.17 per share for the quarter, down from their previous forecast 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 1 year low of C$7.31 and a 1 year high of C$10.19.

InterRent REIT (TSE:IIP – Get Free Report) last issued its quarterly earnings results on Thursday, February 29th. The company reported C$0.19 EPS for the quarter, topping the consensus estimate of C$0.14 by C$0.05. The business had revenue of C$61.88 million for the quarter, compared to analyst estimates of C$60.48 million.

InterRent REIT Dividend Announcement

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

About InterRent REIT

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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).