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 announced a quarterly dividend on Friday, December 14th. Investors 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 2.70%. The ex-dividend date is Friday, December 28th. View Innovative Industrial Properties' Dividend History.

Innovative Industrial Properties Inc (NYSE:IIPR) posted its earnings results on Wednesday, November, 7th. The company reported $0.21 EPS for the quarter. The firm earned $3.93 million during 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.

3 equities research analysts have issued 12-month target prices for Innovative Industrial Properties' shares. Their forecasts range from $48.00 to $60.00. On average, they expect Innovative Industrial Properties' stock price to reach $52.6667 in the next year. This suggests a possible upside of 1.5% from the stock's current price. 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.

News headlines about IIPR stock have trended positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing 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 2.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the stock's share price in the immediate future.

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), Yangtze River Port and Logistics (YRIV), Retail Value (RVI), Front Yard Residential (RESI) and FRP (FRPH).

(IIPR) raised $176 million in an 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 a variety of of retail and institutional investors. Top institutional shareholders include Dubuque Bank & Trust Co. (0.08%). 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 acquired by a variety of institutional investors in the last quarter, including Dubuque Bank & Trust Co.. 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 $51.90.

Innovative Industrial Properties has a market capitalization of $508.29 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.