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 declared a quarterly dividend on Monday, June 18th. Shareholders 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 yield of 2.99%. The ex-dividend date of this dividend is Thursday, June 28th. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) issued its quarterly earnings data on Wednesday, May, 9th. The company reported $0.09 earnings per share for the quarter. The company 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 equities research analysts have issued 12 month target prices for Innovative Industrial Properties' shares. Their predictions range from $34.00 to $34.00. On average, they anticipate Innovative Industrial Properties' stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Ratings for Innovative Industrial Properties.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innovative Industrial Properties in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

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

(IIPR) raised $176 million in an 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 acted as the underwriters for the IPO.

News articles about IIPR stock have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Innovative Industrial Properties earned a news impact score of 0.14 on Accern's scale. They also gave headlines about the company an impact score of 45.22 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Innovative Industrial Properties' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Essex Investment Management Co. LLC (0.77%). 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 Essex Investment Management Co. LLC. 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 $33.44.

Innovative Industrial Properties has a market capitalization of $234.18 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.