NYSE:IIPR - Innovative Industrial Properties Stock Price, Price Target & More

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

Innovative Industrial Properties declared a quarterly dividend on Monday, June 18th. Stockholders of record on Friday, June 29th will be given a dividend of $0.25 per share on Monday, July 16th. This represents a $1.00 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, June 28th. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) posted its quarterly earnings data on Wednesday, May, 9th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $2.76 million for the quarter. Innovative Industrial Properties had a net margin of 14.26% and a return on equity of 1.42%. View Innovative Industrial Properties' Earnings History.

Innovative Industrial Properties is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Innovative Industrial Properties.

1 equities research analysts have issued 1-year target prices for Innovative Industrial Properties' shares. Their predictions range from $34.00 to $34.00. On average, they anticipate Innovative Industrial Properties' share price to reach $34.00 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Ratings for Innovative Industrial Properties.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innovative Industrial Properties in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Innovative Industrial Properties include BBX Capital Corp Class A (BBX), HomeFed (HOFD), Cresud S.A.C.I.F. y A. (CRESY), Armada Hoffler Properties (AHH), FRP (FRPH), Tejon Ranch (TRC), Front Yard Residential (RESI), Ellington Financial (EFC), Consorcio Ara SAB de CV (CNRFF), Nam Tai Property (NTP), Pico (PICO), Maui Land & Pineapple (MLP), Leju (LEJU), Griffin Industrial Realty (GRIF) and MMA Capital Management (MMAC).

(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.

News headlines about IIPR stock have been trending somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Innovative Industrial Properties earned a news impact score of 0.12 on Accern's scale. They also gave media headlines about the company an impact score of 45.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Innovative Industrial Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Essex Investment Management Co. LLC (0.77%), Cornerstone Wealth Management LLC (0.12%) and David R. Rahn & Associates Inc. (0.11%). Company insiders that own Innovative Industrial Properties stock include Alan D Gold, Brian J Wolfe, Gary A Kreitzer, Paul E Smithers and Robert M Sistek. View Institutional Ownership Trends for Innovative Industrial Properties.

IIPR stock was sold by a variety of institutional investors in the last quarter, including David R. Rahn & Associates Inc. and Essex Investment Management Co. LLC. View Insider Buying and Selling for Innovative Industrial Properties.

IIPR stock was purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC. Company insiders that have bought Innovative Industrial Properties stock in the last two years include Alan D Gold, Gary A Kreitzer, Paul E Smithers and Robert M Sistek. 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 $32.84.

Innovative Industrial Properties has a market capitalization of $226.04 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.

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.