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IIPR Stock Overview

Profile

Full Name:

Innovative Industrial Properties, Inc.

Sector:

Real Estate

Industry:

Industrial

Country:

United States

IPO:

December 1, 2016

Indexes:

Not included

Website:

http://www.innovativeindustrialproperties.com

Description:

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) that specializes in acquiring and managing specialized properties leased to cannabis cultivation businesses. The corporation was founded in 2016 and is based in San Diego, California. The company acquires specialized industrial properties operated by state-licensed cannabis operators, primarily for medical use, through sale-leaseback transactions and third-party purchases. The company's properties typically consist of structures similar to standard agricultural buildings or greenhouses with enhancements for high-quality cannabis cultivation, including advanced climate and humidity control systems, high-power electrical and plumbing systems, and specialized lighting systems.

Key Details

Price

$73.01

Market Cap

$2.07 B(Mid cap)

Last Dividend

$1.90

TTM Dividend Yield

10.30%

Annual Revenue

$308.52 M(-0.32% YoY)

Annual EPS

$5.52(-4.33% YoY)

PE Ratio

13.20

Annual ROE

8.31%

Annual Debt To Equity

0.15

Beta

0.50

Events Calendar

Earnings

Next earnings date:

May 8, 2025

Recent quarterly earnings:

Feb 19, 2025

Recent annual earnings:

Feb 19, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 31, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Feb 21, 25 Roth MKM
Buy
Dec 23, 24 BTIG
Neutral
Dec 20, 24 Compass Point
Neutral
Dec 17, 24 Alliance Global Partners
Buy
Dec 16, 24 JMP Securities
Market Perform
Nov 8, 24 Piper Sandler
Neutral
Nov 8, 24 Compass Point
Buy
Aug 9, 24 Piper Sandler
Neutral
Jul 22, 24 Roth MKM
Buy
Mar 7, 24 Craig-Hallum
Hold

Screeners with IIPR included

Highest dividend per share TTM in sector
Growing Shares Outstanding
US stocks
Stocks below SMA 200
Stocks recommended to hold
High Altman Z score stocks
Mid cap stocks
Stocks below analysts price target
Companies with growing dividends
All stocks

Market Data

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Price

Current Price

$73.01
IIPR price is $73.01

Price All-time High

$286.21
IIPR price is currently -74.49% below its historical high of $286.21

Price Analysts Target

$75.00
IIPR price is currently -2.65% lower than the consensus analysts' forecast

Price Most Recent Change

+3.05%
IIPR price was up +3.05% on Mar 6, 2025

Price YTD Change

+8.97%
IIPR price is up +8.97% since January 1st

Price 3-Year Change

-59.99%
IIPR price is down -59.99% over the past 3 years

Market cap

Market Cap

$2.07 B
IIPR market capitalization is $2.07 billion

Market Cap 3-Year Change

-55.76%
IIPR market capitalization is down -55.76% over the past 3 years

Market Cap All-time High

$6.85 B
IIPR market capitalization is currently -69.80% below its historical high of $6.85 billion

Market Cap Sector Rank

60.23%
IIPR market capitalization is higher than 60.23% of companies in Real Estate sector

Technical

Beta

0.50
IIPR beta is 0.50

200-day SMA

$106.05
IIPR price is currently -31.15% below its 200-day simple moving average

14-day RSI

48.38
IIPR 14-day relative strength index is 48.38

30-day Relative Volume

1.85
IIPR 30-day relative volume is 1.85

Dividend

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Events

Last Paid Dividend

$1.90
IIPR last dividend was $1.90 per share, with an ex-dividend date of December 31, 2024

Next Dividend

-
IIPR next dividend has not yet been announced

Dividend per share

Annual Dividend Per Share

$7.52
IIPR annual dividend per share is $7.52

Annual Dividend Per Share Sector Rank

97.1%
IIPR annual dividend per share is higher than 97.1% of companies in Real Estate sector

Annual Dividend Per Share 1-Year Change

+4.16%
IIPR annual dividend per share is up +4.16% year-on-year

Annual Dividend Per Share 3-Year Change

+31.47%
IIPR annual dividend per share is up +31.47% over the past 3 years

Dividend yield

Annual Dividend Yield

10.30%
IIPR annual dividend yield is 10.30%

Annual Dividend Yield Sector Rank

78.64%
IIPR annual dividend yield is higher than 78.64% of companies in Real Estate sector

Other

Annual Payout Ratio

132.09%
IIPR annual payout ratio is 132.09%

Annual Dividends Paid

$213.53 M
IIPR annual dividends paid is $213.53 million

Annual FCF

$258.45 M
IIPR annual free cash flow is $258.45 million

Profitability

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Revenue

Annual Revenue

$308.52 M
IIPR annual revenue is $308.52 million

Annual Revenue Analysts Estimate

$296.61 M
IIPR annual revenue is currently +4.01% higher than the consensus analysts' forecast

Annual Revenue 1-Year Change

-0.32%
IIPR annual revenue is down -0.32% year-on-year

Annual Revenue Sector Rank

44.89%
IIPR annual revenue is higher than 44.89% of companies in Real Estate sector

Profit

Annual Gross Profit

$280.05 M
IIPR annual gross profit is $280.05 million

Annual Gross Margin

90.77%
IIPR annual gross profit margin is 90.77%

Annual Operating Profit

$171.79 M
IIPR annual operating income is $171.79 million

Annual Operating Margin

55.68%
IIPR annual operating profit margin is 55.68%

Annual Net Income

$161.66 M
IIPR annual net profit is $161.66 million

Annual Net Margin

52.40%
IIPR annual net profit margin is 52.40%

EPS

Annual EPS

$5.52
IIPR annual earnings per share is $5.52

Annual EPS Analysts Estimate

$5.06
IIPR annual earnings per share is currently +9.14% higher than the consensus analysts' forecast

Annual EPS 1-Year Change

-4.33%
IIPR annual earnings per share is down -4.33% year-on-year

Annual EPS Sector Rank

95.31%
IIPR annual earnings per share is higher than 95.31% of companies in Real Estate sector

ROA & ROE

Annual ROA

6.78%
IIPR annual return on assets is 6.78%

Annual ROE

8.31%
IIPR annual return on equity is 8.31%

EBIT & EBITDA

Annual EBIT

$177.91 M
IIPR annual earnings before interest & taxes is $177.91 million

Annual EBITDA

$248.72 M
IIPR annual EBITDA is $248.72 million

Valuation

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PE Ratio

PE Ratio

13.20
IIPR price to earnings ratio is 13.20

PE Ratio Sector Rank

19.75%
IIPR price to earnings ratio is higher than 19.75% of companies in Real Estate sector

PB Ratio

PB Ratio

1.08
IIPR price to book ratio is 1.08

PB Ratio Sector Rank

46.21%
IIPR price to book ratio is higher than 46.21% of companies in Real Estate sector

PS Ratio

PS Ratio

6.70
IIPR price to sales ratio is 6.70

PS Ratio Sector Rank

69.41%
IIPR price to sales ratio is higher than 69.41% of companies in Real Estate sector

Enterprise value

Enterprise Value

$2.22 B
IIPR enterprise value is $2.22 billion

Enterprise Value Sector Rank

43.56%
IIPR enterprise value is higher than 43.56% of companies in Real Estate sector

EV/EBITDA

EV/EBITDA

8.93
IIPR EV/EBITDA is 8.93

EV/EBITDA Sector Rank

25.85%
IIPR EV/EBITDA is higher than 25.85% of companies in Real Estate sector

Financial Health

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Liquidity

Annual Current Ratio

1.27
IIPR annual current ratio is 1.27

Annual Quick Ratio

-
IIPR annual quick ratio value is unknown

Leverage

Annual Debt To Equity

0.15
IIPR annual debt to equity ratio is 0.15

Annual Interest Coverage Ratio

10.94
IIPR annual interest coverage ratio is 10.94

Risk & Stability

Piotroski F-Score

6
IIPR piotroski f-score is 6

Altman Z-Score

3.08
IIPR altman z-score is 3.08

Balance Sheet

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Assets

Annual Total Assets

$2.38 B
IIPR annual total assets is $2.38 billion

Annual Non Current Assets

$2.21 B
IIPR annual long term assets is $2.21 billion

Annual Current Assets

$169.04 M
IIPR annual total current assets is $169.04 million

Annual Cash & Cash Equivalents

$146.25 M
IIPR annual cash & cash equivalents is $146.25 million

Equity

Annual Book Value

$1.91 B
IIPR annual book value is $1.91 billion

Annual Working Capital

$36.26 M
IIPR annual working capital is $36.26 million

Liabilities

Annual Total Liabilities

$441.99 M
IIPR annual total liabilities is $441.99 million

Annual Total Long Term Liabilities

$309.20 M
IIPR annual total long term liabilities is $309.20 million

Annual Current Liabilities

$132.78 M
IIPR annual total current liabilities is $132.78 million

Annual Accounts Payable

$20.79 M
IIPR annual accounts payable is $20.79 million

Debt

Annual Total Debt

$297.87 M
IIPR annual total debt is $297.87 million

Annual Total Debt 1-Year Change

-1%
IIPR annual total debt is down -1% year-on-year

Annual Long Term Debt

$297.87 M
IIPR annual long term debt is $297.87 million

Annual Short Term Debt

-
IIPR annual short term debt value is unknown

Expenses

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Annual Total Expenses

$136.72 M
IIPR annual total expenses is $136.72 million

Annual Operating Expenses

$108.25 M
IIPR annual total operating expenses is $108.25 million

Annual Cost Of Goods Sold

$28.47 M
IIPR annual cost of goods sold is $28.47 million

Annual SGA

$37.44 M
IIPR annual SGA is $37.44 million

Annual D&A

$70.81 M
IIPR annual depreciation & amortization is $70.81 million

Annual Interest Expense

$16.26 M
IIPR annual interest expense is $16.26 million

Cash Flow

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Cashflow Activities

Annual CFO

$258.45 M
IIPR annual cash flow from operations is $258.45 million

Annual CFO 1-Year Change

+1.14%
IIPR annual cash flow from operations is up +1.14% year-on-year

Annual CFI

-$56.00 M
IIPR annual cash flow from investing activities is -$56.00 million

Annual CFI 1-Year Change

-724.93%
IIPR annual cash flow from investing activities is down -724.93% year-on-year

Annual CFF

-$197.90 M
IIPR annual cash flow from financing activities is -$197.90 million

Annual CFF 1-Year Change

-1.16%
IIPR annual cash flow from financing activities is down -1.16% year-on-year

Free CashFlow

Annual FCF

$258.45 M
IIPR annual free cash flow is $258.45 million

Annual FCF 1-Year Change

+1.14%
IIPR annual free cash flow is up +1.14% year-on-year

CAPEX

Annual CAPEX

-
IIPR annual capital expenditures value is unknown

Annual CAPEX 1-Year Change

-
IIPR annual capital expenditures 1-year change is unknown

Institutional Ownership

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FAQ

  • What is the ticker symbol for Innovative Industrial Properties?
  • Does Innovative Industrial Properties pay dividends?
  • What sector is Innovative Industrial Properties in?
  • What industry is Innovative Industrial Properties in?
  • What country is Innovative Industrial Properties based in?
  • When did Innovative Industrial Properties go public?
  • Is Innovative Industrial Properties in the S&P 500?
  • Is Innovative Industrial Properties in the NASDAQ 100?
  • Is Innovative Industrial Properties in the Dow Jones?
  • When was Innovative Industrial Properties's last earnings report?
  • When does Innovative Industrial Properties report earnings?
  • Should I buy Innovative Industrial Properties stock now?

What is the ticker symbol for Innovative Industrial Properties?

The ticker symbol for Innovative Industrial Properties is NYSE:IIPR

Does Innovative Industrial Properties pay dividends?

Yes, Innovative Industrial Properties pays dividends. The last payment was $1.90, with an ex-dividend date on December 31, 2024

What sector is Innovative Industrial Properties in?

Innovative Industrial Properties is in the Real Estate sector

What industry is Innovative Industrial Properties in?

Innovative Industrial Properties is in the Industrial industry

What country is Innovative Industrial Properties based in?

Innovative Industrial Properties is headquartered in United States

When did Innovative Industrial Properties go public?

Innovative Industrial Properties's initial public offering (IPO) was on December 1, 2016

Is Innovative Industrial Properties in the S&P 500?

No, Innovative Industrial Properties is not included in the S&P 500 index

Is Innovative Industrial Properties in the NASDAQ 100?

No, Innovative Industrial Properties is not included in the NASDAQ 100 index

Is Innovative Industrial Properties in the Dow Jones?

No, Innovative Industrial Properties is not included in the Dow Jones index

When was Innovative Industrial Properties's last earnings report?

Innovative Industrial Properties's most recent earnings report was on Feb 19, 2025

When does Innovative Industrial Properties report earnings?

The next expected earnings date for Innovative Industrial Properties is May 8, 2025

Should I buy Innovative Industrial Properties stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions