Innovative Industrial Properties Stock (NYSE:IIPR)

USA |NYSE |USD

Price
$283.77
Change
0.07%
Today's Range
$281.83 - $288.02
52-Week Range
$142.74 - $288.02
Market Cap
$6.79B
Volume
151.82K

About Innovative Industrial Properties (NYSE:IIPR)

(NYSE:IIPR)

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.

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IIPR Stock Price

Statistics Highlights (NYSE:IIPR)

Shares Outstanding 23.93M Beta 1.48
Public Float 23.49M P/E Ratio 65.25
% Short of Float - Dividend (Yield) 5.46 (0.02%)
Held by Insiders 1.83% Ex-Dividend Date Sep 29, 2021
Held by Institutions 78.96% IPO Date Dec 1, 2016

IIPR Financial Summary

|
Dec 20 Dec 19 Dec 18
Revenue $116.90M $44.67M $14.79M
EBITDA $97.76M $33.53M $7.97M
Net Income $65.73M $23.48M $6.99M
Total Assets $1.77B $745.86M $281.47M
Total Cash $126.01M $82.24M $13.05M
Total Debt $137.75M $135.86M $
Sep 21 Jun 21 Mar 21
Revenue $53.86M $48.87M $42.88M
EBITDA $47.29M $42.87M $36.52M
Net Income $30.09M $29.34M $25.93M
Total Assets $2.10B $2.09B $1.80B
Total Cash $127.30M $156.31M $122.13M
Total Debt $431.88M $431.19M $138.22M

(NYSE:IIPR) Stock Price FAQs

What is today's stock price of Innovative Industrial Properties (NYSE:IIPR)?

  • The current stock price of Innovative Industrial Properties (NYSE:IIPR) is $283.77.
  • Today IIPR stock price opened at $287.03 after previous close of $283.57.
  • During the day, Innovative Industrial Properties stock quote has varied from a low of $281.83 to a high of $288.02.

What is Innovative Industrial Properties's 52-week change?

  • IIPR 52-week high stock quote is $288.02, which is 1.50% above the current share price.
  • The Innovative Industrial Properties (NYSE:IIPR) 52-week low stock price is $142.74, which is 49.70% below the current share price.
  • Innovative Industrial Properties share price volatility (52-week beta) is 1.48.

Is Innovative Industrial Properties a buy?

  • According to 7 analysts, the current consensus recommendation for Innovative Industrial Properties stock is "Buy" at an average rating score of 4.00 (out of 5).
  • There are currently 2 "Strong Buy", 3 "Buy", 2 "Hold", 0 "Sell", and 0 "Strong Sell" analysts recommendations for the IIPR stock.
  • The 12 month average price target forecast for IIPR stock is $200.50, representing a 29.30% decrease from the current IIPR stock price of $283.77.

Innovative Industrial Properties (NYSE:IIPR) FAQ

How Much is Innovative industrial properties Worth?

Innovative industrial properties's worth today based on market capitalisation is $6.79B

How much money does Innovative industrial properties make?

Last quarter (ended on September 30 ,2021) Innovative industrial properties generated a net income of $30.09M, representing a 36.15% decrease compared to the same quarter a year before (ended on September 30 ,2020).
Last fiscal year (ended on December 31 ,2020) Innovative industrial properties generated a net income of $65.73M, representing a 180.00% increase compare to the previous fiscal year (ended on December 31 ,2019).
View More Details on Innovative industrial properties's “Financials” Section

How much dividend does Innovative industrial properties Pay?

The current annualized dividend payout for IIPR stock is $6.00, the dividend yield is 2.10% and the payout ratio is 93.65%.
View More Details on Innovative industrial properties's "Dividend" Section

What were Innovative industrial properties’s last Earnings results?

For the last quarterly earnings period (ended on September 30, 2021) IIPR reported $1.62 EPS for the quarter, beating the average analysts’ forecasts of $1.60 EPS by $0.02 (1.14%).
View More Details on Innovative industrial properties's 'Earnings' Section

When is the next earnings date for Innovative industrial properties (NYSE:IIPR)?

Innovative industrial properties is expected to report earnings on February 22 ,2022.
View More Details on Innovative industrial properties's 'Earnings' Section

What is Innovative industrial properties’s Price to Earning (PE) ratio?

Innovative industrial properties has a Price to Earning (P/E) ratio of 65.25. IIPR stock also has a Price to Sales (P/S) ratio of 37.17, a Price to Book of 4.47 and Price/Earnings to Growth (PEG) of 0.00.

What is the Innovative industrial properties's ticker?

Innovative industrial properties trades on the NYSE stock market in USA under the ticker symbol "IIPR". Innovative industrial properties’s stock symbol can also be displayed as "NYSE:IIPR".

When did IIPR go public?

Innovative industrial properties completed its initial public offering (IPO) on December 01 ,2016.

Who are the owners of Innovative industrial properties?

Innovative industrial properties (NYSE:IIPR) is owned by 78.96% institutional shareholders and by 1.83% insiders. The rest is owned by the public.
The 3 top institutional shareholders are "BlackRock Inc", "Vanguard Group Inc" and "State Street Corporation", representing 38.76% of Innovative industrial properties’s total shares outstanding.
Explore More Details on Innovative industrial properties's “Ownership” Section

Who are the key executives of Innovative industrial properties (IIPR)?

Innovative industrial properties's key executive team includes the following managers:

  • Mr. Alan D. Gold, Exec. Chairman (1960)
  • Mr. Paul E. Smithers, Pres, CEO & Director (1957)
  • Ms. Catherine Hastings CPA, CFO & Treasurer (1971)
  • Mr. Brian J. Wolfe, VP, Gen. Counsel & Company Sec. (1976)
  • Mr. Andy Bui, VP & Chief Accounting Officer (1982)
  • Mr. Ben Regin, Director of Investments & Fin. (NA)

What is Innovative industrial properties’s Sector & Industry Classification?

Innovative industrial properties (NYSE:IIPR) is classified under the "Real Estate" sector and under the "REIT-Industrial" industry.

How many employees work for Innovative industrial properties?

Currently the number of employees working for Innovative industrial properties is 19.

Where are Innovative industrial properties's Headquarters?

Innovative industrial properties (NYSE:IIPR) is headquartered in CA, United States.

What are Innovative industrial properties's Address and Phone Number?

Innovative industrial properties’s mailing address is 11440 West Bernardo Court, San Diego, CA, United States, 92127.
The company’s phone number is 858-997-3332.

What is the official website for Innovative industrial properties?

Innovative industrial properties’s official website is http://www.innovativeindustrialproperties.com