NYSE - Delayed Quote USD

Innovative Industrial Properties, Inc. (IIPR)

98.63 +2.13 (+2.21%)
At close: 4:00 PM EDT
98.90 +0.27 (+0.27%)
After hours: 6:00 PM EDT
Loading Chart for IIPR
DELL
  • Previous Close 96.50
  • Open 96.98
  • Bid 98.03 x 1300
  • Ask 98.55 x 1200
  • Day's Range 96.75 - 98.90
  • 52 Week Range 63.36 - 105.81
  • Volume 113,660
  • Avg. Volume 215,817
  • Market Cap (intraday) 2.794B
  • Beta (5Y Monthly) 1.51
  • PE Ratio (TTM) 17.09
  • EPS (TTM) 5.77
  • Earnings Date May 8, 2024
  • Forward Dividend & Yield 7.28 (7.54%)
  • Ex-Dividend Date Mar 27, 2024
  • 1y Target Est 121.40

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

www.innovativeindustrialproperties.com

21

Full Time Employees

December 31

Fiscal Year Ends

Recent News: IIPR

Performance Overview: IIPR

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

IIPR
0.42%
S&P 500
6.30%

1-Year Return

IIPR
55.21%
S&P 500
22.67%

3-Year Return

IIPR
33.15%
S&P 500
22.63%

5-Year Return

IIPR
59.02%
S&P 500
74.37%

Compare To: IIPR

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Statistics: IIPR

Valuation Measures

Annual
As of 4/22/2024
  • Market Cap

    2.73B

  • Enterprise Value

    2.91B

  • Trailing P/E

    16.72

  • Forward P/E

    15.95

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    8.81

  • Price/Book (mrq)

    1.41

  • Enterprise Value/Revenue

    9.40

  • Enterprise Value/EBITDA

    11.69

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    53.50%

  • Return on Assets (ttm)

    4.61%

  • Return on Equity (ttm)

    8.46%

  • Revenue (ttm)

    309.51M

  • Net Income Avi to Common (ttm)

    162.75M

  • Diluted EPS (ttm)

    5.77

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    140.25M

  • Total Debt/Equity (mrq)

    15.48%

  • Levered Free Cash Flow (ttm)

    185.8M

Research Analysis: IIPR

Analyst Price Targets

100.00
121.40 Average
98.63 Current
179.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: IIPR

Fair Value

98.63 Current
 

Dividend Score

0 Low
IIPR
Sector Avg.
100 High
 

Hiring Score

0 Low
IIPR
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
IIPR
Sector Avg.
100 High
 

Research Reports: IIPR

  • IIPR: Lowering target price to $104.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $104.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • IIPR: Rating increased to a BUY

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $108.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • IIPR: Lowering target price to $104.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of HOLD; a target price of $104.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     
  • IIPR: Raising target price to $109.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of HOLD; a target price of $109.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
     

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