Interrent Real Estate Investment Trust Expected to Earn FY2019 Earnings of $0.51 Per Share (IIP)

Interrent Real Estate Investment Trust (TSE:IIP) – Stock analysts at Raymond James Financial issued their FY2019 earnings per share estimates for shares of Interrent Real Estate Investment Trust in a research report issued to clients and investors on Monday. Raymond James Financial analyst K. Avalos forecasts that the company will post earnings per share of $0.51 for the year.

Shares of Interrent Real Estate Investment Trust (IIP) traded down C$0.08 on Wednesday, hitting C$9.46. 57,702 shares of the stock were exchanged, compared to its average volume of 82,379. The stock has a market capitalization of $793.07, a price-to-earnings ratio of 4.40 and a beta of 0.48. Interrent Real Estate Investment Trust has a 1 year low of C$7.14 and a 1 year high of C$9.64.

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About Interrent Real Estate Investment Trust

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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