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 Wednesday, March 13th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.45 per share on Monday, April 15th. This represents a $1.80 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Thursday, March 28th. This is a positive change from Innovative Industrial Properties's previous quarterly dividend of $0.35. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) posted its earnings results on Wednesday, March, 13th. The company reported $0.24 earnings per share for the quarter. The firm had revenue of $4.78 million for the quarter. Innovative Industrial Properties had a net margin of 44.95% and a return on equity of 4.01%. View Innovative Industrial Properties' Earnings History.

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Innovative Industrial Properties.

3 equities research analysts have issued 12-month price targets for Innovative Industrial Properties' stock. Their predictions range from $48.00 to $101.00. On average, they anticipate Innovative Industrial Properties' share price to reach $66.3333 in the next twelve months. This suggests that the stock has a possible downside of 17.1%. 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.

Headlines about IIPR stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research group identifies negative and positive press 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 negative five to five, with scores nearest to five being the most favorable. Innovative Industrial Properties earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the next several days.

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

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

(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 served 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 Bell Rock Capital LLC (0.25%), Virtu Financial LLC (0.04%), Flagship Harbor Advisors LLC (0.04%), Louisiana State Employees Retirement System (0.04%), PagnatoKarp Partners LLC (0.04%) and State of Alaska Department of Revenue (0.03%). 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 purchased by a variety of institutional investors in the last quarter, including Bell Rock Capital LLC, Virtu Financial LLC, Louisiana State Employees Retirement System, PagnatoKarp Partners LLC, State of Alaska Department of Revenue, RPG Investment Advisory LLC, Nisa Investment Advisors LLC and Valeo Financial Advisors LLC. 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 $80.03.

Innovative Industrial Properties has a market capitalization of $785.09 million 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.

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.