InterRent REIT (TSE:IIP) to Post FY2021 Earnings of $0.60 Per Share, Desjardins Forecasts

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

InterRent REIT has a twelve month low of C$7.31 and a twelve month high of C$10.19.

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.024 per share. The ex-dividend date of this dividend is Wednesday, October 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).

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

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