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. Shareholders 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 yield of 2.69%. The ex-dividend date of this dividend is Thursday, September 27th. This is an increase from Innovative Industrial Properties's previous quarterly dividend of $0.25. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) posted its earnings results on Wednesday, March, 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.11. The company had revenue of $2.28 million for the quarter. Innovative Industrial Properties had a return on equity of 3.89% and a net margin of 37.34%. 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.

2 analysts have issued 12 month target prices for Innovative Industrial Properties' stock. Their forecasts range from $48.00 to $50.00. On average, they expect Innovative Industrial Properties' share price to reach $49.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. 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.

News coverage about IIPR stock has trended somewhat positive this week, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Innovative Industrial Properties earned a coverage optimism score of 0.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact 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), Government Properties Income Trust (GOV), Armada Hoffler Properties (AHH), Yangtze River Port and Logistics (YRIV), Cresud S.A.C.I.F. y A. (CRESY), HomeFed (HOFD), BBX Capital (BBX), Forestar Group (FOR), Front Yard Residential (RESI), Retail Value (RVI), FRP (FRPH) and Ellington Financial (EFC).

(IIPR) raised $176 million in an initial public offering (IPO) on Thursday, December 1st 2016. The company issued 8,800,000 shares at $20.00 per share. Ladenburg Thalmann and Compass Point served as the underwriters for the IPO.

Innovative Industrial Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.47%), Vanguard Group Inc (3.20%), Vanguard Group Inc. (3.20%), Essex Investment Management Co. LLC (2.06%), Emerald Mutual Fund Advisers Trust (1.29%) and Morgan Stanley (0.74%). 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 Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Cornerstone Wealth Management LLC and IFP Advisors Inc. 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 bought by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Uniplan Investment Counsel Inc., Russell Investments Group Ltd., Vanguard Group Inc, Vanguard Group Inc., Sterling Capital Management LLC, Penn Capital Management Co. Inc. and Morgan Stanley. 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 $52.11.

Innovative Industrial Properties has a market capitalization of $485.67 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.