Innovative Industrial Properties Inc. (IIPR)

NYSE: IIPR · IEX Real-Time Price · USD
112.20
-4.59 (-3.93%)
At close: Dec 9, 2022 4:00 PM
112.28
+0.08 (0.07%)
After-hours: Dec 9, 2022 7:22 PM EST
-3.93%
Market Cap 3.24B
Revenue (ttm) 264.84M
Net Income (ttm) 140.16M
Shares Out 27.94M
EPS (ttm) 5.20
PE Ratio 21.58
Forward PE 21.23
Dividend $6.80 (6.06%)
Ex-Dividend Date Sep 29, 2022
Volume 392,584
Open 116.27
Previous Close 116.79
Day's Range 111.91 - 117.64
52-Week Range 87.47 - 265.98
Beta 1.63
Analysts Buy
Price Target 165.07 (+47.1%)
Earnings Date Nov 2, 2022

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. [Read more]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Dec 1, 2016
CEO Paul Smithers
Employees 22
Stock Exchange NYSE
Ticker Symbol IIPR
Full Company Profile

Financial Performance

In 2021, IIPR's revenue was $204.55 million, an increase of 74.99% compared to the previous year's $116.90 million. Earnings were $113.99 million, an increase of 73.42%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for IIPR stock is "Buy." The 12-month stock price forecast is 165.07, which is an increase of 47.12% from the latest price.

Price Target
$165.07
(47.12% upside)
Analyst Consensus: Buy
Stock Forecasts

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