IIPR - Innovative Industrial Properties, Inc.

NYSE - NYSE Delayed Price. Currency in USD
40.28
-1.56 (-3.73%)
At close: 4:02PM EDT
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Previous Close41.84
Open41.95
Bid0.00 x 1200
Ask0.00 x 1100
Day's Range40.05 - 42.49
52 Week Range18.06 - 49.74
Volume255,093
Avg. Volume211,881
Market Cap393.769M
Beta (3Y Monthly)N/A
PE Ratio (TTM)85.16
EPS (TTM)0.47
Earnings DateNov 6, 2018 - Nov 12, 2018
Forward Dividend & Yield1.40 (3.25%)
Ex-Dividend Date2018-09-27
1y Target Est49.75
Trade prices are not sourced from all markets
  • 5 U.S. Marijuana Stocks to Buy Before the Market Lights Up
    InvestorPlace3 days ago

    5 U.S. Marijuana Stocks to Buy Before the Market Lights Up

    One question for American investors is how that affects U.S. marijuana stocks? What happened in Canada changes little in the U.S. The federal ban on marijuana remains in place. Yes, recreational and medical marijuana are legal in nine states and 31 states respectively.

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    What Stocks are on the Marijuana Index?

    U.S. Marijuana Index, compiled by Marijuana International Corporation, has delivered 158% returns over the past one year, as of October 17, 2018. Though the market saw a lot of volatility in marijuana policy during the course of the year on account of hard line policy stance taken by the new U.

  • Business Wire12 days ago

    Innovative Industrial Properties Announces Exercise of Option to Purchase Additional Shares of Common Stock

    Innovative Industrial Properties, Inc. (the “Company”) (IIPR) announced today the full exercise of the underwriters’ option to purchase an additional 390,000 shares of common stock in connection with the Company’s previously announced follow-on offering that priced on October 3, 2018. In total, the Company sold 2,990,000 shares of common stock in the offering, raising gross offering proceeds of $119.6 million. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), Compass Point Research & Trading, LLC and BTIG, LLC are acting as joint book-running managers for the offering.

  • Business Wire17 days ago

    Innovative Industrial Properties Prices Public Offering of 2,600,000 Shares of Common Stock

    The Company has also granted the underwriters a 30-day option to purchase up to an additional 390,000 shares of its common stock to cover overallotments, if any. All of the shares are being sold by the Company. The Company intends to use the net proceeds from this offering to invest in specialized industrial real estate assets that support the regulated cannabis cultivation and processing industry that are consistent with its investment strategy, and for general corporate purposes.

  • Business Wire17 days ago

    Innovative Industrial Properties Announces Public Offering of 2,000,000 Shares of Common Stock

    Innovative Industrial Properties, Inc. (the “Company”) (IIPR) announced today that it has commenced a public offering of 2,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 300,000 shares of its common stock to cover overallotments, if any. All of the shares are being sold by the Company.

  • Better Buy: Scotts Miracle-Gro Company vs. Innovative Industrial Properties Inc
    Motley Fool23 days ago

    Better Buy: Scotts Miracle-Gro Company vs. Innovative Industrial Properties Inc

    The cannabis industry is taking off, but these two stocks offer significantly less risk than growers and product formulators. Which is the better buy?

  • LMT and IIPR: Dividend-Paying Stocks to Watch
    Zackslast month

    LMT and IIPR: Dividend-Paying Stocks to Watch

    This week, Ryan McQueeney highlighted two trendy dividend-paying stocks with very interesting charts. The first, defense behemoth Lockheed Martin, has put together an impressive month, while the latter-Innovative Industrial Properties-has joined a growing list of popular marijuana stocks.

  • Business Wirelast month

    Innovative Industrial Properties Declares Third Quarter 2018 Dividends

    Innovative Industrial Properties, Inc. , the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that its board of directors has declared a third quarter 2018 dividend of $0.35 per share of common stock, representing a 40% increase over the Company's second quarter 2018 dividend of $0.25 per share of common stock.

  • Innovative Industrial Properties Inc (NYSE:IIPR): The Best Of Both Worlds
    Simply Wall St.last month

    Innovative Industrial Properties Inc (NYSE:IIPR): The Best Of Both Worlds

    Attractive stocks have exceptional fundamentals. In the case of Innovative Industrial Properties Inc (NYSE:IIPR), there’s is a company with robust financial health as well as an optimistic future outlook. Below,Read More...

  • Benzingalast month

    2 Stocks That Could Benefit From Marijuana Legalization In Michigan

    On Nov. 6, 2018, Michigan voters will decide whether the Wolverine State will legalize adult-use cannabis. Michigan already has a medical cannabis program in place, which, according to the MJBiz Daily factbook, will see sales as high as $425 million this year alone. Make no mistake: There are a lot of investors who are very excited about legalization in Michigan.

  • ACCESSWIRE2 months ago

    Innovative Industrial Properties Inc to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Innovative Industrial Properties Inc (NYSE: IIPR ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 13, 2018 at 1:00 ...

  • Business Wire2 months ago

    Innovative Industrial Properties Reports Second Quarter 2018 Results

    Innovative Industrial Properties, Inc. announced today results for the quarter ended June 30, 2018, the sixth full quarter since the Company commenced real estate operations and completed its initial public offering in December 2016.

  • Business Wire3 months ago

    Innovative Industrial Properties Acquires Michigan Property and Enters Into Long-Term Lease with Green Peak Industries

    Innovative Industrial Properties, Inc. (the "Company") (IIPR), the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that it closed on the acquisition of the property located at 10070 Harvest Park in Dimondale, Michigan, which is currently under development and expected to comprise approximately 56,000 square feet upon completion. The initial purchase price for the property was approximately $5.5 million, and the seller is responsible for completing certain development milestones, for which the seller is expected to be reimbursed approximately $5.3 million (the "Additional Purchase Price"). Green Peak Industries, LLC (also known as Green Peak Innovations, or "Green Peak"), the tenant at the property, is also expected to complete tenant improvements for the building, for which the Company has agreed to provide reimbursement of up to $2.2 million (the "TI Allowance").

  • Business Wire3 months ago

    Innovative Industrial Properties to Report Second Quarter 2018 Results

    Innovative Industrial Properties, Inc. announced today it will report results for its second quarter ended June 30, 2018 after the market closes on Friday, August 10, 2018.

  • CarMax, J.M. Smucker, Innovative Industrial Properties and GW Pharmaceuticals highlighted as Zacks Bull and Bear of the Day
    Zacks3 months ago

    CarMax, J.M. Smucker, Innovative Industrial Properties and GW Pharmaceuticals highlighted as Zacks Bull and Bear of the Day

    CarMax, J.M. Smucker, Innovative Industrial Properties and GW Pharmaceuticals highlighted as Zacks Bull and Bear of the Day

  • This Overlooked Pot Stock Continues to Make Hugely Profitable Deals
    Motley Fool3 months ago

    This Overlooked Pot Stock Continues to Make Hugely Profitable Deals

    Surprisingly, this marijuana stock isn't located in Canada!

  • Business Wire3 months ago

    Innovative Industrial Properties Acquires Massachusetts Property and Enters Into Long-Term Lease with Holistic Industries

    Innovative Industrial Properties, Inc. (the "Company") (IIPR), the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that it closed on the acquisition of a property located at 96 Palmer Road in Monson, Massachusetts, which comprises approximately 55,000 square feet of industrial space situated on approximately 5.4 acres. Concurrent with the closing of the purchase, the Company entered into a long-term, triple-net lease agreement with Holistic Industries, Inc. ("Holistic"), which intends to continue to operate the property as a medical-use cannabis cultivation and processing facility in accordance with Massachusetts medical-use cannabis regulations.

  • InvestorPlace4 months ago

    6 Marijuana Stocks to Invest In for 1,000%+ Gains

    Like any industry, there are a variety of ways to invest in marijuana, each with their own potential risks and rewards. As is the case in any commodity, the obvious way to play marijuana is by owning businesses that produce it. The largest marijuana stock in the world — Canopy Growth (NYSE:CGC) — became the first of its kind to trade on the coveted New York Stock Exchange.

  • Interested In Innovative Industrial Properties Inc (NYSE:IIPR)’s Upcoming US$0.25 Dividend? You Have 2 Days Left
    Simply Wall St.4 months ago

    Interested In Innovative Industrial Properties Inc (NYSE:IIPR)’s Upcoming US$0.25 Dividend? You Have 2 Days Left

    On the 16 July 2018, Innovative Industrial Properties Inc (NYSE:IIPR) will be paying shareholders an upcoming dividend amount of US$0.25 per share. However, investors must have bought the company’s stockRead More...

  • Business Wire4 months ago

    Innovative Industrial Properties Declares Second Quarter 2018 Dividends

    Innovative Industrial Properties, Inc. , the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that its board of directors has declared a second quarter 2018 dividend of $0.25 per share of common stock.

  • The Zacks Analyst Blog Highlights: Innovative Industrial Properties and GW Pharmaceuticals
    Zacks4 months ago

    The Zacks Analyst Blog Highlights: Innovative Industrial Properties and GW Pharmaceuticals

    The Zacks Analyst Blog Highlights: Innovative Industrial Properties and GW Pharmaceuticals

  • 3 of the Cheapest Pot Stocks in the World
    Motley Fool5 months ago

    3 of the Cheapest Pot Stocks in the World

    These marijuana stocks are valued at less than 30 times Wall Street's profit forecast for 2019.

  • Business Wire5 months ago

    Innovative Industrial Properties Expands Partnership with PharmaCann with Acquisition and Long-Term Lease of Massachusetts Property

    Innovative Industrial Properties, Inc. (the “Company”) (IIPR), the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that it closed on the acquisition of the property located at Lot 1, Hopping Brook Road, Holliston, Massachusetts, and entered into a long-term lease and development agreement with a subsidiary of PharmaCann LLC (“PharmaCann”) for an approximately 26,000 square foot industrial facility and an approximately 32,000 square foot greenhouse facility on the property. The PharmaCann subsidiary is also expected to construct the two buildings at the property, for which the Company has agreed to provide reimbursement of up to $15.5 million (the “Construction Funding”).

  • This "Innovative" Pot Stock Just Reported a Profit and Declared a Dividend
    Motley Fool5 months ago

    This "Innovative" Pot Stock Just Reported a Profit and Declared a Dividend

    The ancillary marijuana industry is booming, and this weed stock is a prime example.

  • Zacks Industry Outlook Highlights: Pebblebrook, Innovative Industrial, BRT and Apollo Commercial
    Zacks5 months ago

    Zacks Industry Outlook Highlights: Pebblebrook, Innovative Industrial, BRT and Apollo Commercial

    Zacks Industry Outlook Highlights: Pebblebrook, Innovative Industrial, BRT and Apollo Commercial