Q2 2025 Earnings Forecast for InterRent REIT Issued By Raymond James (TSE:IIP)

Posted by Adam Masters on Apr 27th, 2024

InterRent REIT (TSE:IIP – Free Report) – Stock analysts at Raymond James reduced their Q2 2025 EPS estimates for InterRent REIT in a research note issued to investors on Wednesday, April 24th. Raymond James analyst B. Sturges now anticipates that the company will post earnings of $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 (TSE:IIP – Get Free Report) last announced its earnings results on Thursday, February 29th. The company reported C$0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.05. The company had revenue of C$61.88 million for the quarter, compared to the consensus estimate of C$60.48 million.

InterRent REIT Price Performance

InterRent REIT has a 52 week low of C$7.31 and a 52 week high of C$10.19.

InterRent REIT Dividend Announcement

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

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).