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 declared a quarterly dividend on Friday, September 14th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.35 per share on Monday, October 15th. This represents a $1.40 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Thursday, September 27th. This is a boost from Innovative Industrial Properties's previous quarterly dividend of $0.25. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) announced its earnings results on Friday, August, 10th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $3.31 million for the quarter. Innovative Industrial Properties had a return on equity of 3.13% and a net margin of 31.15%. View Innovative Industrial Properties' Earnings History.

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Wednesday, November 14th 2018. View Earnings Estimates for Innovative Industrial Properties.

2 analysts have issued twelve-month target prices for Innovative Industrial Properties' stock. Their predictions range from $48.00 to $50.00. On average, they expect Innovative Industrial Properties' stock price to reach $49.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Innovative Industrial Properties.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innovative Industrial Properties in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Innovative Industrial Properties.

Some companies that are related to Innovative Industrial Properties include Seritage Growth Properties (SRG), Five Point (FPH), Getty Realty (GTY), Government Properties Income Trust (GOV), Forestar Group (FOR), HomeFed (HOFD), Armada Hoffler Properties (AHH), Cresud S.A.C.I.F. y A. (CRESY), BBX Capital (BBX), Retail Value (RVI), Front Yard Residential (RESI), Tejon Ranch (TRC), FRP (FRPH), Ellington Financial (EFC) and Consorcio Ara SAB de CV (CNRFF).

(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 acted as the underwriters for the IPO.

Innovative Industrial Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Essex Investment Management Co. LLC (2.06%), Bank of Montreal Can (0.07%), Cornerstone Wealth Management LLC (0.06%) and NEXT Financial Group Inc (0.04%). Company insiders that own Innovative Industrial Properties stock include Alan D Gold, Brian J Wolfe, Gary A Kreitzer, Hg Vora Capital Management, Ll, 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 Cornerstone Wealth Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Bank of Montreal Can and NEXT Financial Group Inc. 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 $40.40.

Innovative Industrial Properties has a market capitalization of $378.03 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.