Brokers Set Expectations for Interrent Real Estate Investment Trust’s FY2019 Earnings (IIP)

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

Interrent Real Estate Investment Trust (TSE IIP) traded up C$0.02 during trading hours on Wednesday, reaching C$9.35. The company’s stock had a trading volume of 243,320 shares, compared to its average volume of 87,577. The company has a market capitalization of $783.85, a price-to-earnings ratio of 4.35 and a beta of 0.48. Interrent Real Estate Investment Trust has a 12-month low of C$7.18 and a 12-month 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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