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

$18.85 -0.64 (-3.28 %)
(As of 11/21/2017 03:10 AM ET)
Previous Close$19.49
Today's Range$18.80 - $19.49
52-Week Range$14.50 - $20.52
Volume38,300 shs
Average Volume31,849 shs
Market Capitalization$68.24 million
P/E Ratio487.25
Dividend Yield3.08%
BetaN/A

About Innovative Industrial Properties (NYSE:IIPR)

Innovative Industrial Properties logoInnovative Industrial Properties, Inc. is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases. It is focused on leasing its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including maintenance, taxes and insurance. The Company intends to conduct business in an umbrella partnership real estate investment trust (UPREIT), structure through its operating partnership. The Company's real estate investments will consist of primarily properties suitable for cultivation and production of medical-use cannabis.


Industry, Sector and Symbol: Debt:
  • Current Ratio: 37.00%
  • Quick Ratio: 37.00%
Price-To-Earnings:
  • Trailing P/E Ratio: 487.25
  • Forward P/E Ratio: -942.50
Sales & Book Value:
  • Annual Sales: $320,000.00
  • Price / Sales: 206.17
  • Book Value: $18.04 per share
  • Price / Book: 1.04
Dividend:
  • Annual Dividend: $0.60
  • Dividend Yield: 3.1%
Profitability:
  • Trailing EPS: ($3.02)
  • Net Income: $-4,390,000.00
  • Net Margins: -108.39%
  • Return on Equity: -8.09%
  • Return on Assets: -7.47%
Misc:
  • Employees: 5
  • Outstanding Shares: 3,500,000
 

Frequently Asked Questions for Innovative Industrial Properties (NYSE:IIPR)

What is Innovative Industrial Properties' stock symbol?

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

How often does Innovative Industrial Properties pay dividends? What is the dividend yield for Innovative Industrial Properties?

Innovative Industrial Properties declared a quarterly dividend on Friday, September 15th. Shareholders of record on Friday, September 29th will be given a dividend of $0.15 per share on Friday, October 13th. This represents a $0.60 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, September 28th. View Innovative Industrial Properties' Dividend History.

How were Innovative Industrial Properties' earnings last quarter?

Innovative Industrial Properties, Inc. (NYSE:IIPR) announced its quarterly earnings results on Wednesday, November, 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. The business had revenue of $1.56 million for the quarter. Innovative Industrial Properties had a negative net margin of 108.39% and a negative return on equity of 8.09%. View Innovative Industrial Properties' Earnings History.

Where is Innovative Industrial Properties' stock going? Where will Innovative Industrial Properties' stock price be in 2017?

2 analysts have issued twelve-month price objectives for Innovative Industrial Properties' shares. Their predictions range from $21.00 to $24.00. On average, they anticipate Innovative Industrial Properties' share price to reach $22.50 in the next twelve months. View Analyst Ratings for Innovative Industrial Properties.

Who are some of Innovative Industrial Properties' key competitors?

When did Innovative Industrial Properties IPO?

(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.

How do I buy Innovative Industrial Properties stock?

Shares of Innovative Industrial Properties 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.

What is Innovative Industrial Properties' stock price today?

One share of Innovative Industrial Properties stock can currently be purchased for approximately $18.85.

How big of a company is Innovative Industrial Properties?

Innovative Industrial Properties has a market capitalization of $68.24 million and generates $320,000.00 in revenue each year. The company earns $-4,390,000.00 in net income (profit) each year or ($3.02) on an earnings per share basis. Innovative Industrial Properties employs 5 workers across the globe.

How can I contact Innovative Industrial Properties?

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.


MarketBeat Community Rating for Innovative Industrial Properties (NYSE IIPR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  41 (Vote Underperform)
Total Votes:  87
MarketBeat's community ratings are surveys of what our community members think about Innovative Industrial Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Innovative Industrial Properties (NYSE:IIPR)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 2 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.50 (19.36% upside)

Consensus Price Target History for Innovative Industrial Properties (NYSE:IIPR)

Price Target History for Innovative Industrial Properties (NYSE:IIPR)

Analysts' Ratings History for Innovative Industrial Properties (NYSE:IIPR)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuyN/AView Rating Details
12/12/2016Compass PointInitiated CoverageBuy$21.00N/AView Rating Details
(Data available from 11/21/2015 forward)

Earnings

Earnings History and Estimates Chart for Innovative Industrial Properties (NYSE:IIPR)

Earnings by Quarter for Innovative Industrial Properties (NYSE:IIPR)

Earnings History by Quarter for Innovative Industrial Properties (NYSE IIPR)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017Q3 2017$0.04$0.09$1.56 millionViewN/AView Earnings Details
5/10/2017Q1 2017($0.18)$1.33 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Innovative Industrial Properties (NYSE:IIPR)
Current Year EPS Consensus Estimate: $-0.02 EPS
Next Year EPS Consensus Estimate: $1.8 EPS

Dividends

Current Dividend Information for Innovative Industrial Properties (NYSE:IIPR)

Most Recent Dividend:10/13/2017
Annual Dividend:$0.60
Dividend Yield:3.18%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-19.87% (Trailing 12 Months of Earnings)
-3,000.00% (Based on This Year's Estimates)
33.33% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Innovative Industrial Properties (NYSE:IIPR)

Dividend History by Quarter for Innovative Industrial Properties (NYSE IIPR)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017quarterly$0.153.31%9/28/20179/29/201710/13/2017
5/31/2017special$0.156/28/20176/30/20177/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Innovative Industrial Properties (NYSE IIPR)

Insider Ownership Percentage: 10.60%
Institutional Ownership Percentage: 8.66%
Insider Trades by Quarter for Innovative Industrial Properties (NYSE:IIPR)
Institutional Ownership by Quarter for Innovative Industrial Properties (NYSE:IIPR)

Insider Trades by Quarter for Innovative Industrial Properties (NYSE IIPR)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/22/2017Alan D GoldInsiderBuy200$16.57$3,314.00View SEC Filing  
8/18/2017Alan D GoldInsiderBuy700$16.78$11,746.00View SEC Filing  
8/16/2017Alan D GoldInsiderBuy300$17.20$5,160.00View SEC Filing  
8/15/2017Alan D GoldInsiderBuy200$17.16$3,432.00View SEC Filing  
6/14/2017Alan D GoldInsiderBuy200$17.31$3,462.00View SEC Filing  
6/13/2017Alan D GoldInsiderBuy500$17.31$8,655.00View SEC Filing  
6/12/2017Alan D GoldInsiderBuy100$17.26$1,726.00View SEC Filing  
6/1/2017Brian J WolfeVPSell4,737$17.56$83,181.72View SEC Filing  
12/6/2016Alan D GoldInsiderBuy100$16.40$1,640.00View SEC Filing  
12/5/2016Alan D GoldInsiderBuy200,600$20.00$4,012,000.00View SEC Filing  
12/5/2016Paul E SmithersCEOBuy4,000$15.50$62,000.00View SEC Filing  
12/5/2016Robert M SistekCFOBuy400$18.34$7,336.00View SEC Filing  
12/2/2016Gary A KreitzerDirectorBuy25,000$20.00$500,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Innovative Industrial Properties (NYSE IIPR)

Source:
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Social Media

Financials

Financials are not available for this stock.

Chart

Innovative Industrial Properties (NYSE IIPR) Chart for Tuesday, November, 21, 2017
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This page was last updated on 11/21/2017 by MarketBeat.com Staff

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