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Innovative Industrial Properties (IIPR)
NYSE:IIPR
RESEARCH TOOLSreports
IIPR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$45.44 - $138.35
Previous CloseN/A
Volume87.71K
Average Volume (3M)506.03K
Market Cap
$1.40B
Enterprise Value$2.07B
Total Cash (Recent Filing)$33.00M
Total Debt (Recent Filing)$60.76B
Price to Earnings (P/E)8.9
Beta1.24
Next Earnings
May 13, 2025EPS Estimate
1.17Last Dividend Ex-Date
Mar 31, 2025Dividend Yield15.4%
Share Statistics
EPS (TTM)5.52
Shares Outstanding28,331,833
10 Day Avg. Volume668,278
30 Day Avg. Volume506,029
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.84
Price to Cash Flow (P/CF)7.80
P/FCF Ratio7.80
Enterprise Value/Market Cap1.48
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit7.41
Enterprise Value/Ebitda8.42
Forecast
1Y Price Target
$73.00Price Target Upside43.62% Upside
Rating ConsensusHold
Number of Analyst Covering6
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Bulls Say, Bears Say
Bulls Say
Dividend StabilityIIPR maintained its quarterly dividend of $1.90 after increasing it by $0.08 in 1Q24.
Property AcquisitionIIPR acquired a property in Maryland comprising 23,000 square feet of industrial space for $5.6 million and executed a long-term lease for the entire property.
Bears Say
Earnings ImpactPharmaCann, IIPR’s largest tenant, being in default significantly affects the company's earnings power.
Market SentimentThe decline in investor sentiment is due to operator defaults and exposure to the cannabis industry, which is currently out of favor.
Tenant DefaultsThree tenants and one loan borrower were declared in default after failing to pay contractual obligations, which impacts 27% of IIPR's rental income.
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Ownership Overview
1.58% Insiders
19.17% Mutual Funds
6.44% Other Institutional Investors
38.69% 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 $45.44 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 $1.40B.
When is Innovative Industrial Properties’s upcoming earnings report date?
Innovative Industrial Properties’s upcoming earnings report date is May 13, 2025 which is in 28 days.
How were Innovative Industrial Properties’s earnings last quarter?
Innovative Industrial Properties released its earnings results on Feb 19, 2025. The company reported $1.36 earnings per share for the quarter, the consensus estimate of $1.36 by $0.
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 15.4%. See more information on Innovative Industrial Properties dividends here
What is Innovative Industrial Properties’s EPS estimate?
Innovative Industrial Properties’s EPS estimate is 1.17.
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 $1.36 in its last earnings report, expectations of $1.36. Following the earnings report the stock price went down -0.758%.
Which hedge fund is a major shareholder of Innovative Industrial Properties?
Currently, no hedge funds are holding shares in IIPR
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Innovative Industrial Properties Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$73.00 (43.62% Upside)
$73.00 (43.62% Upside)
Blogger Sentiment
Bullish
IIPR Sentiment 92%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 12.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $536.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.41%
12-Months-Change
Fundamentals
Return on Equity
8.20%
Trailing 12-Months
Asset Growth
-0.55%
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 industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Headquartered in San Diego, California, IIPR targets medical-use cannabis facilities, providing real estate solutions to the cannabis industry, which is characterized by its rapid growth and evolving regulatory landscape.
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IIPR Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a company that is effectively managing its operations and investments despite facing industry-wide challenges. While the company has shown strong financial performance and strategic growth, there are notable concerns regarding tenant stability and regulatory uncertainties. The sentiment leans towards cautious optimism due to strong liquidity and strategic positioning, but tenant and market challenges cannot be overlooked.Read More>---
IIPR Stock 12 Month Forecast
Average Price Target
$73.00
▲(43.62% Upside)
Technical Analysis
Stag Industrial
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LXP Industrial Trust
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Rexford Industrial Realty
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Plymouth Industrial Reit
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Industrial Logistics Properties
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Best Analysts Covering IIPR
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+36.51%
downgraded a sell rating 16 days ago
Copying Merrill Ross's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +36.51% per trade.
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