FMP
Innovative Industrial Properties, Inc.
IIPR
NYSE
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. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
54.61 USD
-1.05 (-1.92%)
Historical Prices
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About
ceo
Mr. Paul E. Smithers
sector
Real Estate
industry
REIT - Industrial
exchange
NYSE
Description
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. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
CIK
0001677576
ISIN
US45781V1017
CUSIP
45781V101
Address
1389 Center Drive
Phone
(858) 997-3332
Country
US
Employee
22
IPO Date
Dec 1, 2016
Financial Statement
Earnings
IIPR Financial Summary
CIK
0001677576
Exchange
NYSE
Industry
REIT - Industrial
Sector
Real Estate
CUSIP
45781V101
ISIN
US45781V1017
Country
US
Price
54.61
Beta
1.76
Volume Avg.
385.89k
Market Cap
1.53B
Shares
-
52-Week
45.44-138.35
DCF
92.68
ROE
-
ROA
-
Operating Margin
-
Debt/Equity
-
P/E
9.89
P/B
-
Website
https://www.innovativeindustrialproperties.com
Upgrades and Downgrades
Rating Distribution
TheFly
25 days ago
Apr 15, 2025
Underweight
Underweight
Financial Information
Financial Summary Real-Time Price
Financial Statements
Financial Quarter Statements
Ratios Analysis
Dupont Analysis
Free Cashflow
Operating Data
Balance Sheet Data
Financial Modelling
Discounted Cashflow Model
Discounted Cashflow Model Levered
Free Cashflow Build-Up
Terminal Value
Intrinsic Value
Weighted Average Cost of Capital
Market Information
Stock Value
Latest IIPR News
Alex Lavoie
Mar 18, 2025
Innovative Industrial Properties (NYSE:IIPR) Overview and Ma...
Innovative Industrial Properties (NYSE:IIPR) is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. As a leader in this niche market, IIPR faces competition from other REITs and real estate companies that are also exploring opportunities in the cannabis sector. On March 18, 2025, Industrial Alliance Securities set a price tar...
Gordon Thompson
Feb 18, 2025
Innovative Industrial Properties: A Strong Dividend Growth S...
Innovative Industrial Properties, listed on the NYSE as IIPR, is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. As a REIT, IIPR is known for providing attractive dividends, making it a popular choice among income-focused investors. IIPR is set to release its quarterly earnings on February 19, 2025. Analysts expect an earnings per sh...
Stuart Mooney
Dec 29, 2024
Innovative Industrial Properties Faces Investigation and Ten...
Innovative Industrial Properties, Inc. (NYSE:IIPR) is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. The company has been under scrutiny due to a recent investigation by Pomerantz LLP, which is examining potential securities fraud or other unlawful business practices by the company and its officers. The investigation was triggered b...
Seeking Alpha
Aug 25, 2024
Innovative Industrial Properties: Macro Tailwinds Are Promis...
IIPR's rally has not been surprising, thanks to the tailwinds from the potential cannabis rescheduling and the bullish support observed in its stock valuations/prices. Its tenants remains profitable enough, securing its dividend investment thesis, aside from the recently added tenant, Ayr Wellness. IIPR is an exception to the REIT rule, thanks to its extremely low net-debt-to-EBITDA ratio of 0.70x and growing AFFO per share despite the increased shares outstanding.
Seeking Alpha
Aug 23, 2024
Innovative Industrial: Join 6%-Yielding Leader With Multiple...
Innovative Industrial Properties is the only cannabis-related REIT listed on the NYSE. IIPR operates within a unique sector, acquiring specialized properties leased to state-licensed cannabis operators. The Company will benefit greatly from multiple growth catalysts and value drivers accompanying its property sector.
Seeking Alpha
Aug 23, 2024
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.
Seeking Alpha
Aug 23, 2024
Innovative Industrial: Why It Is Time To Move To The Sidelin...
Innovative Industrial Properties has offered a lower volatility way to invest in the cannabis sector. The company maintains far less leverage than traditional net lease REITs. Management has done an exemplary job managing the storm of tenant defaults.
Seeking Alpha
Aug 20, 2024
My Top Picks For A Recession: Up To 8% Yield
We are likely headed into a recession. Some investments are much more resilient to recessions. I highlight 2 of my top picks that are yielding up to 8.5%.
