FY2023 Earnings Forecast for InterRent REIT (TSE:IIP) Issued By National Bank Financial

InterRent REIT (TSE:IIP) – Equities research analysts at National Bank Financial issued their FY2023 earnings per share (EPS) estimates for InterRent REIT in a report released on Tuesday, January 11th. National Bank Financial analyst M. Kornack expects that the company will post earnings per share of $0.62 for the year.

InterRent REIT (TSE:IIP) last announced its earnings results on Monday, November 8th. The company reported C$0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.14 by C$0.59. The company had revenue of C$46.87 million during the quarter.

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

The business also recently announced a monthly dividend, which will be paid on Monday, January 17th. Investors of record on Friday, December 31st will be paid a $0.029 dividend. The ex-dividend date of this dividend is Thursday, December 30th. This is a positive change from InterRent REIT’s previous monthly dividend of $0.03. This represents a $0.35 dividend on an annualized basis and a yield of ∞.

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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