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Innovative Industrial Properties (IIPR)
NYSE:IIPR
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IIPR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$77.29 - $138.35
Previous Close$103.96
Volume478.29K
Average Volume (3M)185.06K
Market Cap
$2.95B
Enterprise Value$3.07B
Total Cash (Recent Filing)$172.44M
Total Debt (Recent Filing)$297.50M
Price to Earnings (P/E)18.5
Beta1.26
Next Earnings
Mar 03, 2025EPS Estimate
$1.39Last Dividend Ex-Date
Sep 30, 2024Dividend Yield6.91%
Share Statistics
EPS (TTM)5.62
Shares Outstanding28,331,833
10 Day Avg. Volume378,155
30 Day Avg. Volume185,060
Standard Deviation0.12
R-Squared0.35
Alpha0.00428
Financial Highlights & Ratios
Price to Book (P/B)1.53
Price to Sales (P/S)9.82
Price to Cash Flow (P/CF)11.80
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.88
Enterprise Value/Gross Profit10.79
Enterprise Value/Ebitda16.72
Forecast
1Y Price Target
$122.50Price Target Upside18.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Innovative Industrial Properties News
PremiumCompany Announcements
Innovative Industrial Properties’ Q3 2024 Financial Highlights
PremiumCompany Announcements
Innovative Industrial Properties Strengthens Cannabis Real Estate PortfolioPremiumCompany Announcements
Innovative Industrial Properties Shares Investor PresentationOwnership Overview
1.50% Insiders
19.50% Mutual Funds
4.26% Other Institutional Investors
41.31% 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 $77.29 and its highest was $138.35 in the past 12 months.
What is Innovative Industrial Properties’s market cap?
Currently, no data Available
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 110 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 $1.9 which represents an annual dividend yield of 6.91%. See more information on Innovative Industrial Properties dividends here
What is Innovative Industrial Properties’s EPS estimate?
Innovative Industrial Properties’s EPS estimate is $1.39.
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 -10.512%.
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 916K.
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Innovative Industrial Properties Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$122.50 (18.86% Upside)
$122.50 (18.86% Upside)
Blogger Sentiment
Bullish
IIPR Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.64%
12-Months-Change
Fundamentals
Return on Equity
8.28%
Trailing 12-Months
Asset Growth
0.25%
Trailing 12-Months
Company Description
Innovative Industrial Properties
Innovative Industrial Properties, Inc. focuses on the acquisition, ownership and management of industrial properties. It includes properties leased to experienced, state-licensed operators for regulated medical-use cannabis facilities. The firm intends to acquire properties through sale-leaseback transactions and third-party purchases. The company was founded by Gold, Alan D. and Smithers, Paul E. on June 15, 2016 and is headquartered in San Diego, CA.
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IIPR Earnings Call
Q3 2024
0:00 / 0:00
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IIPR Stock 12 Month Forecast
Average Price Target
$122.50
▲(18.86% Upside)
Technical Analysis
Best Analysts Covering IIPR
1 Year
1 Year Success Rate
8/27 ratings generated profit
1 Year Average Return
-8.11%
reiterated a buy rating 3 months ago
Copying Tom Catherwood's trades and holding each position for 1 Year would result in 29.63% of your transactions generating a profit, with an average return of -8.11% per trade.
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