Innovative Industrial Properties, Inc. (IIPR)
$
54.09
-9.66 (-17.86%)
Key metrics
Financial statements
Free cash flow per share
9.1471
Market cap
1.5 Billion
Price to sales ratio
4.9672
Debt to equity
0.1539
Current ratio
1.2731
Income quality
1.5971
Average inventory
0
ROE
0.0831
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
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 medical-use cannabis facilities. The gross profit stands at $280,045,000.00 highlighting the company's profitability from core operations. Furthermore, the net income ratio is 0.52 reflecting the company's profitability margin and its ability to manage expenses while generating revenue. The weighted average number of shares outstanding is 28,226,402.00 showcasing the breadth of its shareholder base and the interest of investors in the company's growth trajectory. In its operations, the company reported depreciation and amortization expenses of $70,807,000.00 which illustrates the wear and tear of its specialized assets over time. Additionally, the company earned an interest income of $10,988,000.00 showcasing its strategic financial investments and further solidifying its financial stability. With a commitment to being taxed as a real estate investment trust, commencing with the year ended December 31, 2017, Innovative Industrial Properties is positioned for sustained growth and profitability. In the current market, the stock is reasonably priced at $53.73 appealing to a broad range of investors who seek value in their portfolio. Although the stock has a low average trading volume of 350,101.00 indicating lower market activity, this can signify a stable investment devoid of excessive volatility. With a mid-range market capitalization of $1,532,467,062.00 the company is recognized as a steady performer, balancing growth with consistent performance metrics. As a key player in the REIT - Industrial industry, Innovative Industrial Properties contributes significantly to the overall market landscape and demonstrates resilience amid regulatory changes. The company's adherence to operational excellence allows it to thrive in the evolving landscape of the Real Estate sector, driving innovation and growth within the realm of real estate and specialized property investments.
Analysts predict Innovative Industrial Properties, Inc. stock to fluctuate between $49.51 (low) and $138.35 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-01, Innovative Industrial Properties, Inc.'s market cap is $1,532,467,062, based on 28,331,800 outstanding shares.
Compared to PROLOGIS, INC., Innovative Industrial Properties, Inc. has a Lower Market-Cap, indicating a difference in performance.
To buy Innovative Industrial Properties, Inc. (IIPR) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for IIPR. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Revenue: $308,517,000 | EPS: $5.66 | Growth: -2.75%.
Visit https://www.innovativeindustrialproperties.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $288.02 (2021-11-16) | All-time low: $49.51 (2025-03-31).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
businesswire.com
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR), a leading real estate investment trust specializing in the regulated cannabis industry, today announced a significant tenant replacement and renewal initiative aimed at enhancing the performance of its real estate portfolio and driving long-term value for shareholders. This initiative focuses on strengthening tenant credit profiles and optimizing occupancy of the Company's properties to align with evolving ma.
globenewswire.com
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Innovative Industrial Properties, Inc. (NYSE:IIPR) on behalf of long-term stockholders following a class action complaint that was filed against IIPR on January 17, 2025 with a Class Period from February 27, 2024 to December 19, 2024.
fool.com
Real estate investment trusts (REIT) are a favorite target of income-seeking investors, since the law requires them to distribute most of their earnings as dividends to maintain their tax-advantaged status. However, even REITs face issues that put their dividend programs in danger, sometimes leading to decreased payouts.
accessnewswire.com
NEW YORK, NY / ACCESS Newswire / March 18, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136948&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
NEW YORK, NY / ACCESS Newswire / March 18, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136926&wire=1 or contact Joseph E. Levi, Esq.
globenewswire.com
Investors can contact the law firm at no cost to learn more about recovering their losses
prnewswire.com
LOS ANGELES , March 18, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Innovative Industrial Properties, Inc. ("Innovative" or "the Company") (NYSE: IIPR) for violations of the federal securities laws. Shareholders who purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 18, 2025.
accessnewswire.com
NEW YORK, NY / ACCESS Newswire / March 18, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136849&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
NEW YORK CITY, NY / ACCESS Newswire / March 18, 2025 / WHY: New York, N.Y., March 18, 2025.
prnewswire.com
LOS ANGELES , March 18, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Innovative Industrial Properties, Inc. ("IIPR" or "the Company") (NYSE: IIPR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 18, 2025.
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