InterRent operates as owners and property managers of homes for more than 12,000 Canadian households and growing. They are a passionate group of individuals, nearly 500 strong, who work as a team.
The Canadian market continues to strengthen as positive changes occur across the country. The demand for rental apartments is consistently strong, stemming from a variety of factors including improved youth employment and an aging Canadian population, and exceedingly high net international migration. The company’s focus is to expand in the core markets of GTA, Montreal, the National Capital Region, and relating markets.
They believe that dealing with people is the heart of any business, and this is especially true in the multi-family sector since their business impacts someone’s home. To maintain the confidence of investors and properly oversee the activities of management, adopting and upholding high standards of governance practices are essential.
Stock Chart & Metrics
- Ticker: tse:iip.un
- Sector: Real Estate
- Industry: REIT – Residential
- Market Cap: 1.72B
- Market Cap Group: Small Cap
- P/E: 4.88
- Dividend Yield: 2.79%
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
Not all analysts are equal and they don’t cover the same type of stocks. The analysts performance and ownership is tracked for comparison.
InterRent REIT – FAQ
What is the stock ticker for InterRent REIT?
The stock ticker for InterRent REIT is TSE:iip.un.
Is InterRent REIT a good stock to buy?
You need to consider your investment strategy and how TSE:iip.un can fit in your portfolio.
The current dividend income score of 3/10 and dividend growth score of 6/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is InterRent REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 61 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it’s low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
Published at Thu, 30 Jun 2022 22:52:53 -0700
