InterRent REIT to Post Q4 2018 Earnings of $0.11 Per Share, National Bank Financial Forecasts (IIP)
InterRent REIT (TSE:IIP) – Analysts at National Bank Financial issued their Q4 2018 earnings estimates for InterRent REIT in a research note issued to investors on Thursday, February 7th. National Bank Financial analyst M. Kornack forecasts that the company will earn $0.11 per share for the quarter. National Bank Financial also issued estimates for InterRent REIT’s FY2019 earnings at $0.49 EPS and FY2020 earnings at $0.54 EPS.
Separately, Echelon Wealth Partners reissued a “buy” rating on shares of InterRent REIT in a research note on Thursday, January 10th.
The company also recently declared a monthly dividend, which will be paid on Friday, February 15th. Shareholders of record on Thursday, January 31st will be given a $0.024 dividend. The ex-dividend date is Wednesday, January 30th. This represents a $0.29 dividend on an annualized basis and a yield of ∞.
About InterRent REIT
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).
See Also: Depreciation
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