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Last C$4.97 CAD
Change Today +0.01 / 0.20%
Volume 232.0K
INN-U On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Munich
As of 2:57 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

innvest real estate investme (INN-U) Snapshot

Open
C$4.95
Previous Close
C$4.96
Day High
C$5.02
Day Low
C$4.94
52 Week High
01/27/15 - C$6.56
52 Week Low
10/14/14 - C$4.58
Market Cap
656.7M
Average Volume 10 Days
192.9K
EPS TTM
C$0.04
Shares Outstanding
132.1M
EX-Date
07/29/15
P/E TM
138.1x
Dividend
C$0.40
Dividend Yield
7.98%
Current Stock Chart for INNVEST REAL ESTATE INVESTME (INN-U)

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innvest real estate investme (INN-U) Details

InnVest Real Estate Investment Trust operates as an unincorporated open-ended real estate investment trust in Canada. The trust invests in various limited service and mid-scale service hotels located in Canada. Its hotel properties operate under various franchise brands, such as Comfort Inn, Quality Suites, Quality Hotels, Holiday Inn, Radisson Hotels, Radisson Suites, Delta Hotels, and Travelodge. InnVest also owns a 50% interest in Choice Hotels Canada, Inc., a franchiser of hotels in Canada. As of December 31, 2005, the trust’s portfolio comprised 130 hotel properties consisting of approximately 14,291 guest rooms. InnVest Real Estate Investment Trust was founded in 2001 and is headquartered in Mississauga, Canada.

6,000 Employees
Last Reported Date: 03/12/15
Founded in 2001

innvest real estate investme (INN-U) Top Compensated Officers

Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$226.6K
Vice President of Taxation and Treasury
Total Annual Compensation: C$222.6K
Vice President of Finance and Investor Relati...
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2014.

innvest real estate investme (INN-U) Key Developments

Innvest Real Estate Investment Trust Completes $82.5 Million Mortgage Refinancing

InnVest Real Estate Investment Trust announced that it has completed the refinancing of the Fairmont Palliser Calgary, Alberta for a new 10-year $82.5 million mortgage at a fixed interest rate of 4.0% with a U.S. financial institution. This financing replaces the existing mortgage on the hotel that carried an interest rate of 5.3%. In addition, approximately $20 million of mortgages on three hotels maturing in the third quarter of 2015 have been repaid and the hotels have been added as additional security to the REIT's operating line, increasing the availability under this facility by a similar amount. A further nine hotels with current mortgage debt of $19 million will be added to the REIT's operating line in August 2015, increasing the availability under this facility to $100 million.

Fereed Mangalji Resigns as Board of Trustees of Innvest Real Estate Investment Trust

InnVest Real Estate Investment Trust announced that effective immediately, Mr. Fereed Mangalji has resigned from InnVest's board of Trustees. Mr. Mangalji, has been a member of the InnVest board of trustees since 2006.

InnVest Real Estate Investment Trust Announces Monthly Distribution, Payable on August 17, 2015

InnVest Real Estate Investment Trust announced that a distribution of $0.0333 per unit, payable on August 17, 2015, has been declared to the holders of record as at the close of business July 31, 2015.

 

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INN-U

Industry Average

Valuation INN-U Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 2.9x
Price/Cash Flow 8.0x
TEV/Sales NM Not Meaningful
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