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

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

Innovative Industrial Properties announced a quarterly dividend on Monday, June 18th. Stockholders of record on Friday, June 29th will be paid 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 is Thursday, June 28th. View Innovative Industrial Properties' Dividend History.

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

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

1 analysts have issued 1-year target prices for Innovative Industrial Properties' stock. Their forecasts 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.

Some companies that are related to Innovative Industrial Properties include BBX Capital Corp Class A (BBX), HomeFed (HOFD), Cresud S.A.C.I.F. y A. (CRESY), Armada Hoffler Properties (AHH), Tejon Ranch (TRC), FRP (FRPH), Front Yard Residential (RESI), Ellington Financial (EFC), Nam Tai Property (NTP), Consorcio ARA (CNRFF), Pico (PICO), Griffin Industrial Realty (GRIF), Maui Land & Pineapple (MLP), Leju (LEJU) and MMA Capital Management (MMAC).

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

Headlines about IIPR stock have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Innovative Industrial Properties earned a media sentiment score of 0.14 on Accern's scale. They also gave media coverage about the company an impact score of 46.91 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Innovative Industrial Properties' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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.

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.

IIPR stock was purchased 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.

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 $34.59.

Innovative Industrial Properties has a market capitalization of $222.67 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.

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.