Raymond James Brokers Cut Earnings Estimates for InterRent REIT (TSE:IIP)

InterRent REIT (TSE:IIP) – Stock analysts at Raymond James cut their Q2 2025 earnings per share (EPS) estimates for shares of InterRent REIT in a research report issued to clients and investors on Wednesday, April 24th. Raymond James analyst B. Sturges now forecasts that the company will post earnings per share of $0.17 for the quarter, down from their prior estimate of $0.18. Raymond James also issued estimates for InterRent REIT’s FY2025 earnings at $0.69 EPS.

InterRent REIT (TSE:IIP) last announced its quarterly earnings results on Thursday, February 29th. The company reported C$0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.14 by C$0.05. The firm had revenue of C$61.88 million for the quarter, compared to analyst estimates of C$60.48 million.

InterRent REIT Stock Performance

InterRent REIT has a one year low of C$7.31 and a one year high of C$10.19.

InterRent REIT Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a $0.032 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Monday, April 29th.

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).