NYSE:IIPR - Innovative Industrial Properties Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$34.66 -0.34 (-0.97 %)
(As of 06/19/2018 02:26 PM ET)
Previous Close$34.64
Today's Range$34.19 - $35.29
52-Week Range$15.72 - $39.75
Volume6,568 shs
Average Volume167,190 shs
Market Capitalization$227.44 million
P/E Ratio51.91
Dividend Yield2.80%
Innovative Industrial Properties logoInnovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. intends to elect to be taxed as a real estate investment trust. Additional information is available at www.innovativeindustrialproperties.com.

Receive IIPR News and Ratings via Email

Sign-up to receive the latest news and ratings for IIPR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate


Debt-to-Equity RatioN/A
Current Ratio165.33
Quick Ratio165.33


Trailing P/E Ratio51.91
Forward P/E Ratio25.30
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.42 million
Price / Sales34.34
Cash Flow$0.1277 per share
Price / Cash271.41
Book Value$9.36 per share
Price / Book3.70


EPS (Most Recent Fiscal Year)$0.67
Net Income$-70,000.00
Net Margins14.26%
Return on Equity1.42%
Return on Assets1.21%


Outstanding Shares6,360,000

Innovative Industrial Properties (NYSE:IIPR) Frequently Asked Questions

What is Innovative Industrial Properties' stock symbol?

Innovative Industrial Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "IIPR."

How often does Innovative Industrial Properties pay dividends? What is the dividend yield for Innovative Industrial Properties?

Innovative Industrial Properties announced a quarterly dividend on Monday, June 18th. Investors of record on Friday, June 29th will be given a dividend of $0.25 per share on Monday, July 16th. This represents a $1.00 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Thursday, June 28th. View Innovative Industrial Properties' Dividend History.

How were Innovative Industrial Properties' earnings last quarter?

Innovative Industrial Properties Inc (NYSE:IIPR) posted its quarterly earnings results on Wednesday, May, 9th. The company reported $0.09 EPS for the quarter. The company had revenue of $2.76 million for the quarter. Innovative Industrial Properties had a return on equity of 1.42% and a net margin of 14.26%. View Innovative Industrial Properties' Earnings History.

When is Innovative Industrial Properties' next earnings date?

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Innovative Industrial Properties.

What price target have analysts set for IIPR?

1 equities research analysts have issued 1 year target prices for Innovative Industrial Properties' shares. Their predictions range from $34.00 to $34.00. On average, they expect Innovative Industrial Properties' share price to reach $34.00 in the next year. View Analyst Ratings for Innovative Industrial Properties.

Who are some of Innovative Industrial Properties' key competitors?

Who are Innovative Industrial Properties' key executives?

Innovative Industrial Properties' management team includes the folowing people:
  • Mr. Alan D. Gold, Exec. Chairman (Age 58)
  • Mr. Paul E. Smithers, Pres, CEO & Director (Age 61)
  • Ms. Catherine Hastings CPA, CFO, Chief Accounting Officer & Treasurer (Age 47)
  • Mr. Brian J. Wolfe, VP, Gen. Counsel & Company Sec. (Age 42)
  • Mr. Andy Bui, Controller

When did Innovative Industrial Properties IPO?

(IIPR) raised $176 million in an IPO on Thursday, December 1st 2016. The company issued 8,800,000 shares at $20.00 per share. Ladenburg Thalmann and Compass Point served as the underwriters for the IPO.

Has Innovative Industrial Properties been receiving favorable news coverage?

Headlines about IIPR stock have trended somewhat positive on Tuesday, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Innovative Industrial Properties earned a coverage optimism score of 0.09 on Accern's scale. They also gave news articles about the company an impact score of 46.07 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Innovative Industrial Properties' major shareholders?

Innovative Industrial Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include HG Vora Capital Management LLC (15.72%), Resource America Inc. (2.05%), Hilton Capital Management LLC (1.70%), Millennium Management LLC (0.91%), JPMorgan Chase & Co. (0.59%) and NBW Capital LLC (0.55%). Company insiders that own Innovative Industrial Properties stock include Alan D Gold, Brian J Wolfe, Gary A Kreitzer, Paul E Smithers and Robert M Sistek. View Institutional Ownership Trends for Innovative Industrial Properties.

Which institutional investors are selling Innovative Industrial Properties stock?

IIPR stock was sold by a variety of institutional investors in the last quarter, including Resource America Inc. and NBW Capital LLC. View Insider Buying and Selling for Innovative Industrial Properties.

Which institutional investors are buying Innovative Industrial Properties stock?

IIPR stock was bought by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, Hilton Capital Management LLC, Millennium Management LLC, JPMorgan Chase & Co., A.R.T. Advisors LLC, Tibra Equities Europe Ltd, Citadel Advisors LLC and Northern Trust Corp. Company insiders that have bought Innovative Industrial Properties stock in the last two years include Alan D Gold, Gary A Kreitzer, Paul E Smithers and Robert M Sistek. View Insider Buying and Selling for Innovative Industrial Properties.

How do I buy shares of Innovative Industrial Properties?

Shares of IIPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Innovative Industrial Properties' stock price today?

One share of IIPR stock can currently be purchased for approximately $34.66.

How big of a company is Innovative Industrial Properties?

Innovative Industrial Properties has a market capitalization of $227.44 million and generates $6.42 million in revenue each year. The company earns $-70,000.00 in net income (profit) each year or $0.67 on an earnings per share basis. Innovative Industrial Properties employs 6 workers across the globe.

How can I contact Innovative Industrial Properties?

Innovative Industrial Properties' mailing address is 11440 WEST BERNARDO COURT SUITE 220, SAN DIEGO CA, 92127. The company can be reached via phone at 858-997-3332.

MarketBeat Community Rating for Innovative Industrial Properties (IIPR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  107 (Vote Underperform)
Total Votes:  205
MarketBeat's community ratings are surveys of what our community members think about Innovative Industrial Properties and other stocks. Vote "Outperform" if you believe IIPR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIPR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.