NYSE:IIPR - Innovative Industrial Properties Stock Price, News, & Analysis

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

Innovative Industrial Properties announced a quarterly dividend on Friday, December 14th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.35 per share on Tuesday, January 15th. This represents a $1.40 annualized dividend and a yield of 2.16%. The ex-dividend date is Friday, December 28th. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) issued its quarterly earnings results on Wednesday, March, 28th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.11. The firm earned $2.28 million during the quarter. Innovative Industrial Properties had a net margin of 37.34% and a return on equity of 3.89%. View Innovative Industrial Properties' Earnings History.

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. View Earnings Estimates for Innovative Industrial Properties.

3 brokerages have issued twelve-month target prices for Innovative Industrial Properties' shares. Their forecasts range from $48.00 to $60.00. On average, they anticipate Innovative Industrial Properties' share price to reach $52.6667 in the next twelve months. This suggests that the stock has a possible downside of 18.6%. View Analyst Price Targets for Innovative Industrial Properties.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innovative Industrial Properties in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Innovative Industrial Properties.

News articles about IIPR stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Innovative Industrial Properties earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Some companies that are related to Innovative Industrial Properties include Urban Edge Properties (UE), Shanghai Industrial (SGHIY), Seritage Growth Properties (SRG), Gazit Globe (GZT), Office Properties Income Trust (OPI), Getty Realty (GTY), Five Point (FPH), Armada Hoffler Properties (AHH), Forestar Group (FOR), Cresud S.A.C.I.F. y A. (CRESY), Front Yard Residential (RESI), BBX Capital (BBX), Retail Value (RVI), HomeFed (HOFD) and Ellington Financial (EFC).

(IIPR) raised $176 million in an initial public offering 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.

Innovative Industrial Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.76%), Emerald Mutual Fund Advisers Trust (2.66%), Essex Investment Management Co. LLC (2.00%), Cannell Capital LLC (1.21%), Northern Trust Corp (1.10%) and Lord Abbett & CO. LLC (0.97%). Company insiders that own Innovative Industrial Properties stock include Alan D Gold, Brian J Wolfe, Gary A Kreitzer and Hg Vora Capital Management, Ll. View Institutional Ownership Trends for Innovative Industrial Properties.

IIPR stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., Van Hulzen Asset Management LLC, MetLife Investment Advisors LLC, NBW Capital LLC and Bank of Montreal Can. Company insiders that have sold Innovative Industrial Properties company stock in the last year include Brian J Wolfe and Hg Vora Capital Management, Ll. View Insider Buying and Selling for Innovative Industrial Properties.

IIPR stock was bought by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, BlackRock Inc., Cannell Capital LLC, Thomson Horstmann & Bryant Inc., Essex Investment Management Co. LLC, Bank of New York Mellon Corp, Northern Trust Corp and Monarch Partners Asset Management LLC. Company insiders that have bought Innovative Industrial Properties stock in the last two years include Alan D Gold and Gary A Kreitzer. View Insider Buying and Selling for 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.

One share of IIPR stock can currently be purchased for approximately $64.69.

Innovative Industrial Properties has a market capitalization of $607.44 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.

The official website for Innovative Industrial Properties is http://www.innovativeindustrialproperties.com.

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.