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, December 14th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.35 per share on Tuesday, January 15th. This represents a $1.40 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Friday, December 28th. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) announced its quarterly earnings data on Wednesday, November, 7th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $3.93 million for the quarter. Innovative Industrial Properties had a net margin of 37.34% and a return on equity of 3.89%. View Innovative Industrial Properties' Earnings History.

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 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 $48.00 to $60.00. On average, they expect Innovative Industrial Properties' stock price to reach $52.6667 in the next twelve months. This suggests that the stock has a possible downside of 7.5%. 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Innovative Industrial Properties.

Press coverage about IIPR stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Innovative Industrial Properties earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the near term.

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

(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 shareholders include IFP Advisors Inc (0.11%), Dubuque Bank & Trust Co. (0.08%), Bank of Montreal Can (0.05%), Strs Ohio (0.03%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Innovative Industrial Properties stock include Alan D Gold, Brian J Wolfe, Gary A Kreitzer and Hg Vora Capital Management, Ll. View Institutional Ownership Trends for Innovative Industrial Properties.

IIPR stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 purchased by a variety of institutional investors in the last quarter, including Dubuque Bank & Trust Co., IFP Advisors Inc, Nisa Investment Advisors LLC and Strs Ohio. Company insiders that have bought Innovative Industrial Properties stock in the last two years include Alan D Gold 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, Scottrade, Fidelity and Charles Schwab.

One share of IIPR stock can currently be purchased for approximately $56.93.

Innovative Industrial Properties has a market capitalization of $534.29 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.