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Innovative Industrial Properties (IIPR)
NYSE:IIPR
RESEARCH TOOLSreports
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IIPR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$62.45 - $138.35
Previous CloseN/A
Volume87.71K
Average Volume (3M)419.94K
Market Cap
$1.88B
Enterprise Value$4.00B
Total Cash (Recent Filing)$33.00M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)11.8
Beta1.58
Next Earnings
Mar 03, 2025EPS Estimate
1.29Last Dividend Ex-Date
Dec 31, 2024Dividend Yield11.56%
Share Statistics
EPS (TTM)5.62
Shares Outstanding28,331,833
10 Day Avg. Volume386,580
30 Day Avg. Volume419,939
Standard Deviation0.13
R-Squared0.30
Alpha-0.00422
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.93
Price to Cash Flow (P/CF)7.10
P/FCF Ratio7.10
Enterprise Value/Market Cap2.13
Enterprise Value/Revenue12.85
Enterprise Value/Gross Profit14.04
Enterprise Value/Ebitda21.77
Forecast
1Y Price Target
$74.33Price Target Upside12.08% Upside
Rating ConsensusHold
Number of Analyst Covering6
Innovative Industrial Properties News
Ownership Overview
1.47% Insiders
19.11% Mutual Funds
0.17% Other Institutional Investors
44.25% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IIPR FAQ
What was Innovative Industrial Properties’s price range in the past 12 months?
Innovative Industrial Properties lowest stock price was $62.45 and its highest was $138.35 in the past 12 months.
What is Innovative Industrial Properties’s market cap?
Innovative Industrial Properties’s market cap is $1.88B.
When is Innovative Industrial Properties’s upcoming earnings report date?
Innovative Industrial Properties’s upcoming earnings report date is Mar 03, 2025 which is in 46 days.
How were Innovative Industrial Properties’s earnings last quarter?
Innovative Industrial Properties released its earnings results on Nov 06, 2024. The company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.447 by -$0.077.
Is Innovative Industrial Properties overvalued?
According to Wall Street analysts Innovative Industrial Properties’s price is currently Undervalued.
Does Innovative Industrial Properties pay dividends?
Innovative Industrial Properties pays a Quarterly dividend of $1.899 which represents an annual dividend yield of 11.56%. See more information on Innovative Industrial Properties dividends here
What is Innovative Industrial Properties’s EPS estimate?
Innovative Industrial Properties’s EPS estimate is 1.29.
How many shares outstanding does Innovative Industrial Properties have?
Innovative Industrial Properties has 28,331,833 shares outstanding.
What happened to Innovative Industrial Properties’s price movement after its last earnings report?
Innovative Industrial Properties reported an EPS of $1.37 in its last earnings report, missing expectations of $1.447. Following the earnings report the stock price went down -10.516%.
Which hedge fund is a major shareholder of Innovative Industrial Properties?
Among the largest hedge funds holding Innovative Industrial Properties’s share is Lee Financial Group Hawaii, Inc.. It holds Innovative Industrial Properties’s shares valued at 1M.
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Innovative Industrial Properties Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$74.33 (12.08% Upside)
$74.33 (12.08% Upside)
Blogger Sentiment
Bullish
IIPR Sentiment 90%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 2.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.08%
12-Months-Change
Fundamentals
Return on Equity
8.39%
Trailing 12-Months
Asset Growth
0.25%
Trailing 12-Months
Company Description
Innovative Industrial Properties
Innovative Industrial Properties, Inc. (IIPR) is a real estate investment trust (REIT) focused on the acquisition, ownership, and management of specialized properties for the regulated medical-use cannabis industry. The company primarily operates in the United States, where it provides capital solutions to state-licensed medical-use cannabis operators through sale-leaseback transactions, enabling these operators to free up capital for growth and operational needs.
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IIPR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a cautiously optimistic outlook, with solid financial performance and strategic positioning despite challenges such as tenant payment issues and regulatory hurdles. The company maintains strong liquidity and capital positions while facing a decrease in revenue and failed cannabis legalization in some states.Read More>---
IIPR Stock 12 Month Forecast
Average Price Target
$74.33
▲(12.08% Upside)
Technical Analysis
Best Analysts Covering IIPR
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
+24.30%
assigned a buy rating 5 months ago
Copying Scott Fortune's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of +24.30% per trade.
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