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

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

Innovative Industrial Properties announced a 0.60000 dividend on Monday, September 16th. Shareholders of record on Monday, September 30th will be given a dividend of $0.78 per share on Tuesday, October 15th. This represents a yield of 3.4%. The ex-dividend date is Friday, September 27th. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) released its earnings results on Wednesday, August, 7th. The company reported $0.30 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.48 by $0.18. The company earned $8.62 billion during the quarter, compared to the consensus estimate of $8.37 million. Innovative Industrial Properties had a net margin of 47.83% and a return on equity of 5.17%. The firm's quarterly revenue was up 160.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 earnings per share. View Innovative Industrial Properties' Earnings History.

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Innovative Industrial Properties.

3 equities research analysts have issued 12 month target prices for Innovative Industrial Properties' stock. Their predictions range from $50.00 to $148.00. On average, they expect Innovative Industrial Properties' stock price to reach $99.00 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. 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 1 hold rating and 2 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 been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Innovative Industrial Properties earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Innovative Industrial Properties.

Some companies that are related to Innovative Industrial Properties include FirstService (FSV), Cushman & Wakefield (CWK), Terreno Realty (TRNO), Kennedy-Wilson (KW), Colliers International Group (CIGI), Government Properties Income Trust (GOV), Urban Edge Properties (UE), Shanghai Industrial (SGHIY), Gazit Globe (GZTGF), Seritage Growth Properties (SRG), Office Properties Income Trust (OPI), Getty Realty (GTY), Five Point (FPH), Armada Hoffler Properties (AHH) and Forestar Group (FOR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Innovative Industrial Properties investors own include Canopy Growth (CGC), Aurora Cannabis (ACB), First Mining Gold (FFMGF), Cronos Group (CRON), GW Pharmaceuticals PLC- (GWPH), Integra Gold (ICG), Alibaba Group (BABA), OrganiGram (OGI), Compass Diversified (CODI) and KushCo (KSHB).

(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 acted as the underwriters for the IPO.

Innovative Industrial Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.54%), Vanguard Group Inc. (11.96%), ETF Managers Group LLC (2.71%), River & Mercantile Asset Management LLP (1.23%), River & Mercantile Asset Management LLP (1.23%) and Morgan Stanley (1.20%). Company insiders that own Innovative Industrial Properties stock include Alan D Gold, Brian J Wolfe, David Stecher, Gary A Kreitzer, Hg Vora Capital Management, Ll and Paul E Smithers. View Institutional Ownership Trends for Innovative Industrial Properties.

IIPR stock was sold by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, TimesSquare Capital Management LLC, Bank of New York Mellon Corp, Ladenburg Thalmann Financial Services Inc., Menta Capital LLC, Bell Rock Capital LLC, grace capital and THB Asset Management. Company insiders that have sold Innovative Industrial Properties company stock in the last year include Brian J Wolfe and Paul E Smithers. View Insider Buying and Selling for Innovative Industrial Properties.

IIPR stock was bought by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Vanguard Group Inc., River & Mercantile Asset Management LLP, River & Mercantile Asset Management LLP, Sheaff Brock Investment Advisors LLC, Nuveen Asset Management LLC, BlackRock Inc. and Wells Fargo & Company MN. Company insiders that have bought Innovative Industrial Properties stock in the last two years include Alan D Gold, David Stecher 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, Robinhood, Fidelity and Charles Schwab.

One share of IIPR stock can currently be purchased for approximately $95.21.

Innovative Industrial Properties has a market capitalization of $1.08 billion and generates $14.79 million in revenue each year. The company earns $6.99 million in net income (profit) each year or $1.34 on an earnings per share basis. Innovative Industrial Properties employs 6 workers across the globe.View Additional Information About Innovative Industrial Properties.

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.