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Innovative Industrial Properties ( (IIPR) ) just unveiled an announcement.
On February 19, 2025, Innovative Industrial Properties announced its financial results for the fourth quarter and full-year 2024, with revenues totaling $308.5 million and an increase in its common stock dividends. The company has strengthened its financial position by enhancing its credit facility and expanding its property portfolio to 109 properties across 19 states, reflecting a strategic focus on growth in the cannabis real estate sector.
More about Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a real estate company listed on the New York Stock Exchange, focusing on the regulated U.S. cannabis industry.
YTD Price Performance: 8.30%
Average Trading Volume: 340,116
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.09B
For detailed information about IIPR stock, go to TipRanks’ Stock Analysis page.
