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Innovative Industrial Properties (IIPR) Stock

Profile

Industry:

Industrial

Country:

United States

IPO:

01 December 2016

Indexes:

Not included

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

$68.00

TTM Dividend Yield

11.06%(+53.19% YoY)

PE Ratio

12.10(-30.18% YoY)

Beta

0.60

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 06, 2024

Recent annual earnings:

Feb 26, 2024
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

23 Dec '24 BTIG
Neutral
20 Dec '24 Compass Point
Neutral
17 Dec '24 Alliance Global Partners
Buy
16 Dec '24 JMP Securities
Market Perform
08 Nov '24 Piper Sandler
Neutral
08 Nov '24 Compass Point
Buy
09 Aug '24 Piper Sandler
Neutral
22 July '24 Roth MKM
Buy
07 Mar '24 Craig-Hallum
Hold
29 Feb '24 Piper Sandler
Neutral

Market Data

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Institutional Ownership

Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
IIPR
accesswire.com05 January 2025

LOS ANGELES, CA / ACCESSWIRE / January 5, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Innovative Industrial Properties, Inc. (IIPR) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC Is Investigating Innovative Industrial Properties, Inc. (IIPR) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC Is Investigating Innovative Industrial Properties, Inc. (IIPR) And Encourages Shareholders to Connect
IIPR
accesswire.com05 January 2025

NEW YORK CITY, NY / ACCESSWIRE / January 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Innovative Industrial Properties, Inc. ("IIPR" or "the Company") (NYSE:IIPR). Investors who purchased IIPR securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IIPR.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR
IIPR
accesswire.com05 January 2025

NEW YORK, NY / ACCESSWIRE / January 5, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIPR" or the "Company") (NYSE: IIPR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.

The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties Inc For Securities Law Violations
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties Inc For Securities Law Violations
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties Inc For Securities Law Violations
IIPR
accesswire.com04 January 2025

LOS ANGELES, CA / ACCESSWIRE / January 4, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties: Falling Knife Worth Catching - Market Overreaction Triggers Richer Yields
Innovative Industrial Properties: Falling Knife Worth Catching - Market Overreaction Triggers Richer Yields
Innovative Industrial Properties: Falling Knife Worth Catching - Market Overreaction Triggers Richer Yields
IIPR
seekingalpha.com04 January 2025

IIPR has lost nearly half of its value, thanks to the drastic PharmaCann default on all of its leases announced on December 20, 2024. The deep selloff is unsurprising indeed, given that the largest tenant comprises 17% of the cannabis REIT's rental revenues, as many investors likely feared a similar downward spiral as MPW. Even so, we believe that the correction triggers an excellent buying opportunity, thanks to IIPR's healthy balance sheet, high AFFO payout ratio, and richer dividend yields at 11.4%.

Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
IIPR
accesswire.com03 January 2025

LOS ANGELES, CA / ACCESSWIRE / January 3, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

3 Marijuana Stocks For Investors To Know In 2025
3 Marijuana Stocks For Investors To Know In 2025
3 Marijuana Stocks For Investors To Know In 2025
IIPR
marijuanastocks.com03 January 2025

More marijuana stock investors are focused on the potential that 2025 brings. The legal cannabis industry is expected to see further growth. But what will this growth look like and who will benefit from it? More people are starting to widely accept legal cannabis as a legitimate sector. For those looking for ways to get invested in legal cannabis here is what to look for when searching for top marijuana stocks.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR
IIPR
prnewswire.com02 January 2025

NEW YORK , Jan. 2, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIPR" or the "Company") (NYSE: IIPR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.

The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties, Inc.
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties, Inc.
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties, Inc.
IIPR
accesswire.com02 January 2025

LOS ANGELES, CA / ACCESSWIRE / January 2, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
IIPR
accesswire.com31 December 2024

LOS ANGELES, CA / ACCESSWIRE / December 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

FAQ

  • What is the primary business of Innovative Industrial Properties?
  • 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 primary business of Innovative Industrial Properties?

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.

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 31 December 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 01 December 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 6 November 2024

When does Innovative Industrial Properties report earnings?

The next expected earnings date for Innovative Industrial Properties is 27 February 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