InterRent REIT (IIP) to Post Q3 2018 Earnings of $0.12 Per Share, Raymond James Forecasts

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InterRent REIT (TSE:IIP) – Research analysts at Raymond James issued their Q3 2018 earnings per share estimates for shares of InterRent REIT in a research note issued to investors on Wednesday, August 15th. Raymond James analyst K. Avalos anticipates that the company will post earnings per share of $0.12 for the quarter. Raymond James also issued estimates for InterRent REIT’s Q4 2018 earnings at $0.11 EPS, FY2018 earnings at $0.45 EPS, Q1 2019 earnings at $0.12 EPS, Q2 2019 earnings at $0.13 EPS, Q3 2019 earnings at $0.13 EPS, Q4 2019 earnings at $0.12 EPS and FY2019 earnings at $0.50 EPS.

Separately, Desjardins reissued a “buy” rating on shares of InterRent REIT in a research note on Thursday, August 9th.

Shares of InterRent REIT stock opened at C$9.90 on Monday. InterRent REIT has a 52 week low of C$7.31 and a 52 week high of C$10.19.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 15th. Stockholders of record on Tuesday, July 31st were paid a $0.023 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Monday, July 30th.

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).

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

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