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.
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).
Recommended Story: What is the Consumer Price Index (CPI)?
Receive News & Ratings for InterRent REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterRent REIT and related companies with MarketBeat.com's FREE daily email newsletter.