Innovative Industrial Properties, Inc. (IIPR)
$
55.22
-0.42 (-0.76%)
Key metrics
Financial statements
Free cash flow per share
8.5276
Market cap
1.5 Billion
Price to sales ratio
5.0750
Debt to equity
0.1506
Current ratio
1.1594
Income quality
1.5728
Average inventory
0
ROE
0.0791
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 $55.64 appealing to a broad range of investors who seek value in their portfolio. Although the stock has a low average trading volume of 367,088.00 indicating lower market activity, this can signify a stable investment devoid of excessive volatility. With a mid-range market capitalization of $1,546,778,464.00 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.
Is Innovative Industrial Properties, Inc. (IIPR) a good investment?
Investing in Innovative Industrial Properties, Inc. (IIPR) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A, with a Bullish outlook. Always conduct your own research before investing.
What is Innovative Industrial Properties, Inc. (IIPR)'s stock forecast?
Analysts predict Innovative Industrial Properties, Inc. stock to fluctuate between $45.44 (low) and $138.35 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Innovative Industrial Properties, Inc.'s market capitalization?
As of 2025-05-30, Innovative Industrial Properties, Inc.'s market cap is $1,546,778,464, based on 28,011,200 outstanding shares.
How does Innovative Industrial Properties, Inc. compare to competitors like PROLOGIS, INC.?
Compared to PROLOGIS, INC., Innovative Industrial Properties, Inc. has a Lower Market-Cap, indicating a difference in performance.
Does Innovative Industrial Properties, Inc. pay dividends?
Innovative Industrial Properties, Inc. pays dividends. The current dividend yield is 14.05%, with a payout of $1.90 per share.
How can I buy Innovative Industrial Properties, Inc. (IIPR) stock?
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.).
What is the best time to invest in Innovative Industrial Properties, Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Innovative Industrial Properties, Inc. perform in the last earnings report?
Revenue: $308,517,000 | EPS: $5.58 | Growth: -4.12%.
Where can I find Innovative Industrial Properties, Inc.'s investor relations reports?
Visit https://www.innovativeindustrialproperties.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Innovative Industrial Properties, Inc.?
You can explore historical data from here
What is the all-time high and low for Innovative Industrial Properties, Inc. stock?
All-time high: $288.02 (2021-11-16) | All-time low: $45.44 (2025-04-09).
What are the key trends affecting Innovative Industrial Properties, Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Innovative Industrial Properties faces significant challenges, including tenant defaults and unfavorable cannabis legalization votes, impacting its valuation and short-term growth potential. Despite tenant issues, IIPR benefits from strong cannabis industry growth, regulatory progress, and a conservative capital structure with substantial liquidity. IIPR's management is actively addressing tenant defaults, with one PharmaCann property already re-leased, showcasing the quality and demand for its specialized facilities.
seekingalpha.com
Innovative Industrial Properties, Inc. (NYSE:IIPR ) Q1 2025 Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Eli Kanter - Associate Finance Alan Gold - Executive Chairman Paul Smithers - President and Chief Executive Officer David Smith - Chief Financial Officer Ben Regin - Chief Investment Officer Conference Call Participants Tom Catherwood - BTIG Connor Mitchell - Piper Sandler Bill Kirk - ROTH Partners Aaron Grey - Alliance Global Partners Operator Good day, and welcome to the Innovative Industrial Properties, Inc. First Quarter 2025 Earnings Call. All participants will be in a listen-only mode.
zacks.com
Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $1.94 per share, missing the Zacks Consensus Estimate of $1.99 per share. This compares to FFO of $2.21 per share a year ago.
businesswire.com
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the first quarter ended March 31, 2025. First Quarter 2025 and Year-to-Date Highlights Financial Results and Dividend Total revenues of $71.7 million for the quarter. Net income attributable to common stockholders of $30.3 million for the quarter.
zacks.com
Innovative Industrial Properties (IIPR) concluded the recent trading session at $54.99, signifying a +1.25% move from its prior day's close.
zacks.com
Investors need to pay close attention to Innovative Industrial Properties stock based on the movements in the options market lately.
zacks.com
In the latest trading session, Innovative Industrial Properties (IIPR) closed at $53.56, marking a +0.34% move from the previous day.
businesswire.com
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its first quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, May 7, 2025. Alan Gold, Executive Chairman, Paul Smithers, President and Chief Executive Officer, David Smith, Chief Financial Officer, Catherine Hastings, Chief Operating Officer, and Ben Regin, Chief Investment Officer, will host an investor conference call at 9:00 a.m. Pacifi.
seekingalpha.com
Innovative Industrial Properties offers a 14% yield but faces risks, including potential dividend cuts and tenant issues, making it a cautious investment. Despite solid earnings, IIPR's financials show declining AFFO and revenue due to tenant defaults, impacting dividend safety. Tenant headwinds persist with defaults from major tenants like PharmaCann and Medical Investor Holdings, adding uncertainty to IIPR's stability.
zacks.com
In the most recent trading session, Innovative Industrial Properties (IIPR) closed at $53.43, indicating a +1.93% shift from the previous trading day.
See all news
