InterRent REIT Expected to Earn FY2021 Earnings of $0.60 Per Share (TSE:IIP)

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InterRent REIT (TSE:IIP) – Research analysts at Desjardins boosted their FY2021 earnings per share estimates for shares of InterRent REIT in a report released on Tuesday, November 5th. Desjardins analyst M. Markidis now anticipates that the company will post earnings of $0.60 per share for the year, up from their previous forecast of $0.59. Desjardins currently has a “Buy” rating on the stock.

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

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.024 dividend. This represents a $0.29 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Wednesday, October 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).

See Also: Why is the ex-dividend date different from the record date?

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

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