Innovative Industrial Properties, Inc. (IIPR)

Market Cap	2.06B
Revenue (ttm)	308.52M
Net Income (ttm)	161.66M
Shares Out	28.33M
EPS (ttm)	5.52
PE Ratio	13.16
Forward PE	14.17
Dividend	$7.60 (10.46%)
Ex-Dividend Date	Dec 31, 2024

Volume	580,172
Open	74.00
Previous Close	72.87
Day's Range	71.68 - 74.12
52-Week Range	62.45 - 138.35
Beta	1.43
Analysts	Buy
Price Target	113.20 (+55.77%)
Earnings Date	Feb 19, 2025

About IIPR

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

• Industry: REIT - Industrial
• Sector: Real Estate
• IPO Date: Dec 1, 2016
• Employees: 21
• Stock Exchange: NYSE
• Ticker Symbol: IIPR

Financial Performance

In 2024, IIPR's revenue was $308.52 million, a decrease of -0.32% compared to the previous year's $309.51 million. Earnings were $161.66 million, a decrease of -0.67%.

Analyst Forecast

According to 7 analysts, the average rating for IIPR stock is "Buy." The 12-month stock price forecast is $113.2, which is an increase of 55.77% from the latest price.

Price Target

$113.2

(55.77% upside)

Analyst Consensus: Buy