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Innovative Industrial Properties Inc. (IIPR)

Stock Price: $191.73 USD 0.47 (0.25%)
Updated Jun 11, 2021 4:00 PM EDT - Market closed
After-hours: $190.00 -1.73 (-0.90%) Jun 11, 7:52 PM
Market Cap 4.59B
Revenue (ttm) 138.65M
Net Income (ttm) 78.43M
Shares Out 23.89M
EPS (ttm) 3.61
PE Ratio 53.13
Forward PE 41.15
Dividend $4.79
Dividend Yield 2.50%
Trading Day June 11
Last Price $191.73
Previous Close $191.26
Change ($) 0.47
Change (%) 0.25%
Day's Open 190.61
Day's Range 189.00 - 191.96
Day's Volume 98,152
52-Week Range 83.41 - 220.40

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Innovative Industrial Properties (IIPR) closed the most recent trading day at $191.73, moving +0.25% from the previous trading session.

2 days ago - Zacks Investment Research

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks last week and look ahead to how the cannabis industry continues t...

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2 days ago - Schaeffers Research

SAN DIEGO--(BUSINESS WIRE)---- $IIPR #Dividendstocks--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regu...

5 days ago - Business Wire

REITs are always counted as favorites for income investors. However, there are several other aspects that make these companies very unique.

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6 days ago - InvestorPlace

Don't fret -- every crash or steep correction in history has proved to be a smart buying opportunity.

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1 week ago - The Motley Fool

These pot stocks offer a solid path to strong returns that Dogecoin can't.

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1 week ago - The Motley Fool

Cannabis stocks are always a wild ride -- and not necessarily a good one. However, if you can handle the risk, these names might work out.

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1 week ago - InvestorPlace

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1 week ago - MarijuanaStocks

And three marijuana stocks investors should put on their radar.

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2 weeks ago - The Motley Fool

Four Benjamins will get you strong dividends and solid growth with these stocks.

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2 weeks ago - The Motley Fool

Two well-known operators in particular distinguished themselves in their latest reported quarters.

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2 weeks ago - The Motley Fool

It's more than doubled over the last 12 months.

2 weeks ago - The Motley Fool

Innovative Industrial's (IIPR) Massachusetts property buyout and tie-up with Temescal Wellness to help the REIT bank on the solid opportunities in the company's markets and boost its top line.

2 weeks ago - Zacks Investment Research

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks last week and look ahead to how the cannabis industry continues t...

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2 weeks ago - Schaeffers Research

SAN DIEGO--(BUSINESS WIRE)-- #IIP--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis...

2 weeks ago - Business Wire

They are profitable, pay dividends, and are among the safest cannabis-related investments to own.

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2 weeks ago - The Motley Fool

Bargain hunting, not panic selling, is the right strategy to adopt in a bear market.

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3 weeks ago - The Motley Fool

History suggests a big decline is coming. But don't fret -- it's actually good news.

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3 weeks ago - The Motley Fool

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks last week and look ahead to how the cannabis industry continues t...

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3 weeks ago - Schaeffers Research

The company is about to borrow $300 million to buy more cannabis-related real estate.

3 weeks ago - The Motley Fool

Not every income-producing stock has held up well during the recent market sell-off.

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3 weeks ago - The Motley Fool

Don't panic. Invest in these recession-resilient stocks to prepare your portfolio for the next downturn.

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3 weeks ago - The Motley Fool

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”...

3 weeks ago - Business Wire

Innovative Industrial's (IIPR) Michigan property buyout and tie-up with Sozowill to help the REIT bank on the solid opportunities in the company's markets and boost its top line.

3 weeks ago - Zacks Investment Research

Marijuana Stocks To Watch For Long Term Investing The post Should You Go Long On These Top Marijuana Stocks To Buy? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding...

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3 weeks ago - MarijuanaStocks

Stick to companies with a track record of success where it counts.

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3 weeks ago - The Motley Fool

Pertinent details about the debt issue haven't yet been provided.

3 weeks ago - The Motley Fool

Cannabis-focused real estate company Innovative Industrial Properties, Inc. (NYSE:IIPR) confirmed Monday it has finalized the purchase of a Warren, Michigan-based property for around $10.3 million. The ...

3 weeks ago - Benzinga

These are two marijuana stocks you can hold for decades.

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3 weeks ago - The Motley Fool

The key is finding a solid income stock and being patient.

3 weeks ago - The Motley Fool

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis indust...

3 weeks ago - Business Wire

Cannabis REIT Innovative Industrial Properties, Inc. (NYSE:IIPR) is poised to raise up to $200 million through a private placement of its senior notes. The San Diego-based cannabis company said Monday t...

3 weeks ago - Benzinga

Expansion of Innovative Industrial's (IIPR) portfolio with the Pennsylvania property buyout and a tie-up with Parallel will help the company benefit from favorable trends and boost its top line.

3 weeks ago - Zacks Investment Research

ACCD, CEVA, FCEL, GO, and IIPR have been added to the Zacks Rank #5 (Strong Sell) List on May 17, 2021

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3 weeks ago - Zacks Investment Research

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”...

3 weeks ago - Business Wire

Could These Cannabis Stocks Improve Your Portfolio In 2021? The post Top Marijuana Stocks To Buy In May? These US Pot Stocks Could Be Game Changers appeared first on Marijuana Stocks | Cannabis Investme...

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4 weeks ago - MarijuanaStocks

With potential renovations, the company's total investment could hit nearly $68 million.

4 weeks ago - The Motley Fool

Cannabis company Parallel confirmed Friday it has sold its Pittsburgh, Pennsylvania warehouse to an affiliate of a cannabis REIT, Innovative Industrial Properties, Inc. (NYSE:IIPR), for roughly $68 mill...

4 weeks ago - Benzinga

Canadian marijuana stocks have fallen from their February highs. But one player in the industry got a lot bigger after a merger deal.

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4 weeks ago - Investors Business Daily

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis indust...

4 weeks ago - Business Wire

These two unstoppable companies can help your portfolio ride out another market crash or correction.

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1 month ago - The Motley Fool

Thursday marks the first day of trading for the ETFMG U.S. Alternative Harvest ETF (NYSEARCA: MJUS) with holdings in 33 companies that derive at least half their net revenue from the U.S.

1 month ago - 24/7 Wall Street

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1 month ago - MarijuanaStocks

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1 month ago - InvestorPlace

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks last week, and look ahead to how the cannabis industry will conti...

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1 month ago - Schaeffers Research

A fattening portfolio continues to drive the financials higher.

1 month ago - The Motley Fool

Cannabis REIT Innovative Industrial Properties, Inc. (NYSE:IIPR) announced Wednesday that its total revenue increased by 103% year-over-year to $42.9 million in the first quarter of 2021. Net income for...

1 month ago - Benzinga

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 medical-use 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
IPO Date
Dec 1, 2016
CEO
Paul Smithers
Employees
16
Stock Exchange
NYSE
Ticker Symbol
IIPR
Full Company Profile

Financial Performance

In 2020, IIPR's revenue was $116.90 million, an increase of 161.71% compared to the previous year's $44.67 million. Earnings were $65.73 million, an increase of 180.00%.

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for IIPR stock is "Buy." The 12-month stock price forecast is 213.83, which is an increase of 11.53% from the latest price.

Price Target
$213.83
(11.53% upside)
Analyst Consensus: Buy