Equities Analysts Offer Predictions for InterRent REIT’s Q3 2018 Earnings (IIP)

InterRent REIT (TSE:IIP) – Research analysts at National Bank Financial issued their Q3 2018 earnings per share (EPS) estimates for shares of InterRent REIT in a note issued to investors on Wednesday, October 17th. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $0.12 per share for the quarter.

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 Friday. InterRent REIT has a 1-year low of C$7.31 and a 1-year high of C$10.19.

InterRent REIT (TSE:IIP) last issued its quarterly earnings data on Tuesday, August 14th. The company reported C$0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.11 by C$0.46. The firm had revenue of C$30.91 million for the quarter. InterRent REIT had a net margin of 142.53% and a return on equity of 21.63%.

The business also recently declared a monthly dividend, which was paid on Monday, October 15th. Stockholders of record on Sunday, September 30th were paid a dividend of $0.023 per share. The ex-dividend date was Thursday, September 27th. This represents a $0.28 annualized dividend and a dividend yield of 2.79%.