IIP-UN:CA:TSX-InterRent Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Residential |

Last Closing

CAD 12.59

Change

0.00 (0.00)%

Market Cap

CAD 1.94B

Volume

0.30M

Analyst Target

CAD 17.43
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

InterRent"REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution"through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within"markets that have exhibited stable market vacancies,"sufficient suites available to attain the critical mass necessary to implement"an efficient portfolio management structure, and"offer opportunities for accretive acquisitions. InterRent's primary objectives are to use the proven industry experience of the Trustees,"Management and Operational Team to: (i)"to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii)"to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii)"to maintain a conservative payout ratio and balance sheet.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-29 )

ETFs Containing IIP-UN:CA

REIT:CA 5.34 % 0.51 %

N/A

N/A
PHR:CA 5.02 % 0.78 %

N/A

N/A
RIT:CA CI Canadian REIT ETF 0.00 % 0.90 %

N/A

CAD 0.51B

Market Performance

  Market Performance vs. Industry/Classification (REIT - Residential) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.84% 8% B- 15% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -4.84% 8% B- 15% F
Trailing 12 Months  
Capital Gain 0.80% 8% B- 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.80% 8% B- 18% F
Trailing 5 Years  
Capital Gain -21.21% 29% F 17% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -21.21% 29% F 17% F
Average Annual (5 Year Horizon)  
Capital Gain -2.10% N/A N/A 24% F
Dividend Return -1.29% N/A N/A 20% F
Total Return 0.82% N/A N/A 33% F
Risk Return Profile  
Volatility (Standard Deviation) 19.24% N/A N/A 41% F
Risk Adjusted Return -6.68% N/A N/A 23% F
Market Capitalization 1.94B 75% C 76% C+

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.