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Innovative Industrial Properties Inc. (IIPR)

Stock Price: $151.13 USD 3.47 (2.35%)
Updated December 4, 2:40 PM EST - Market open

IIPR Stock Price Chart

Key Info

Market Cap 3.35B
Revenue (ttm) 97.48M
Net Income (ttm) 52.95M
Shares Out 21.59M
EPS (ttm) 3.11
PE Ratio 48.59
Forward PE n/a
Dividend $4.68
Dividend Yield 3.10%

Stock Quote

Trading Day December 4
Last Price $151.13
Previous Close $147.66
Change ($) 3.47
Change (%) 2.35%
Day's Open 149.62
Day's Range 148.87 - 151.79
Day's Volume 233,138
52-Week Range 44.97 - 156.79

IIPR Stock News

The Motley Fool - 8 hours ago

Great business models plus great growth prospects could add up to great long-term returns.

Other stocks mentioned: STNE, TDOC
The Motley Fool - 2 days ago

The cannabis-focused REIT is rewarding its investors with larger cash dividends.

Seeking Alpha - 2 days ago

Regulatory changes are a big catalyst for IIPR. The company has a moat in the cannabis REIT industry.

Seeking Alpha - 4 days ago

Innovative Industrial Properties provides real estate capital to the medical-use cannabis (AKA marijuana) industry. Innovative Industrial Properties' sale-leaseback program is composed of trip...

Seeking Alpha - 4 days ago

IIPR lacks the tenant diversity that other typical REITs have. Most of its tenants are likely not cash flowing positive, and this can be a problem in today's recession.

Seeking Alpha - 4 days ago

In this article, we want to take a look at IIPR's preferred shares and check whether they are also worthwhile, as is their common stock. Investors have traded the preferreds to a massive premi...

The Motley Fool - 1 week ago

Looking for a combination of growth and income? Look no further.

Other stocks mentioned: SBUX, TGT
Zacks Investment Research - 1 week ago

Is (IIPR) Outperforming Other Finance Stocks This Year?

The Motley Fool - 1 week ago

Recent 13F filings show high-profile money managers are putting their money to work in fast-growing businesses.

Other stocks mentioned: DDOG, PINS, SNOW
Seeking Alpha - 1 week ago

Stock Selection Matters (Podcast Transcript)

Other stocks mentioned: ACB, APHA, CGC, CNBS, CRLBF, CRON, CURLF, GTBIF, MJ, MO, MSOS, POTX, STZ, THCX, TLRY, TOKE, VFF, YOLO
The Motley Fool - 1 week ago

Profit by seeking cash flow where few others look.

Other stocks mentioned: GMRE, PRU
The Motley Fool - 1 week ago

You can likely count on these dividends flowing for a long time to come.

Other stocks mentioned: ABBV, BEP
The Motley Fool - 1 week ago

Their growth prospects look very compelling.

Other stocks mentioned: DIS, GTBIF
Schaeffers Research - 2 weeks ago

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 at the pot stocks to watch in ...

Other stocks mentioned: ACB, APHA, ARNA, GNLN, GWPH, NBEV, OGI, TRPX
Zacks Investment Research - 2 weeks ago

Does Innovative Industrial (IIPR) have what it takes to be a top stock pick for momentum investors? Let's find out.

The Motley Fool - 2 weeks ago

The sooner, the better.

Other stocks mentioned: PYPL, TTD
Zacks Investment Research - 2 weeks ago

Portfolio expansion with Southern California property buyout and extending tie-up with Kings Garden will help Innovative Industrial Properties (IIPR) gain from favorable trends and boost the t...

Business Wire - 2 weeks ago

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. canna...

The Motley Fool - 2 weeks ago

You should be able to count on these dividends continuing to flow and grow over the long run.

Other stocks mentioned: BEP, BIP
The Motley Fool - 2 weeks ago

This unconventional marijuana stock has earned a lot of investor attention this year.

Zacks Investment Research - 3 weeks ago

CNBC's cannabis expert Tim Seymour discusses the recent developments in the space.

Other stocks mentioned: APHA, CGC, CNBS, CRON, GRWG, GWPH
The Motley Fool - 3 weeks ago

Great things appear to be in store for these rising stars.

Other stocks mentioned: DMTK, TRUP
InvestorPlace - 3 weeks ago

Among real estate stocks, which ones offer great opportunity for both yield and gains? Taking a look at the many names in this sector, these five stand out, for a variety of reasons: AVB, BXP,...

Other stocks mentioned: AVB, BXP, O, WPC
Zacks Investment Research - 3 weeks ago

Is (IIPR) Outperforming Other Finance Stocks This Year?

Seeking Alpha - 3 weeks ago

Cannabis: Beyond The Tipping Point (Podcast Transcript)

Other stocks mentioned: CNBS, MJ, MSOS, POTX, THCX, TOKE, YOLO
Schaeffers Research - 4 weeks ago

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 we will look ahead at the pot stocks to...

Other stocks mentioned: CGC, APHA, CRON, GWPH, NTEC, VFF, XXII, YCBD
The Motley Fool - 4 weeks ago

Still the only marijuana REIT on the stock exchange, the company posts an estimates-crushing quarter.

The Motley Fool - 4 weeks ago

The cannabis-focused real estate company is benefiting from the growth of the medical marijuana market.

The Motley Fool - 4 weeks ago

This cannabis company continued to profitably grow at a fast pace in the third quarter -- and the election results just increased its potential market size.

Seeking Alpha - 4 weeks ago

Beyond The Tipping Point (Podcast)

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The Motley Fool - 4 weeks ago

Two of them are good for the cannabis industry, but one isn't so great.

Other stocks mentioned: CGC, CURLF
CNBC - 4 weeks ago

"This was a great night for those three industries with market-moving implications," the "Mad Money" host said.

Other stocks mentioned: DKNG, GRWG, LYFT, MGM, PENN, UBER
Zacks Investment Research - 4 weeks ago

Innovative Industrial (IIPR) delivered FFO and revenue surprises of 10.34% and 21.51%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the ...

Business Wire - 4 weeks ago

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 medical-use U.S. can...

The Motley Fool - 1 month ago

Collect monthly income even though these stocks pay quarterly. Yes, you read that right.

Other stocks mentioned: JNJ, T
The Motley Fool - 1 month ago

Find out what sent cannabis companies through the roof.

Other stocks mentioned: ACB, APHA, CGC, CRON, SMG, TCNNF, TLRY
Kiplinger - 1 month ago

Investors keep waiting for marijuana stocks to come to life. In 2020, the Prime Alternative Harvest Index, which covers many of the major global cannabis companies, hasn't been good.

Other stocks mentioned: APHA, CURLF, GWPH, MJ, MO, MSOS, SMG, STZ, STZ.B
The Motley Fool - 1 month ago

It's profitable, it's growing fast, and it even pays a terrific dividend.

The Motley Fool - 1 month ago

Here are three top stocks that offer win-win propositions.

Other stocks mentioned: BEP, TTD
InvestorPlace - 1 month ago

Marijuana stocks have been badly beaten and bruised this year, but a Joe Biden victory could change this ugly narrative. The post 7 Marijuana Stocks for an Election Day Boost appeared first on...

Other stocks mentioned: CGC, CRON, CURLF, TLRY, TPB, CWBHF
The Motley Fool - 1 month ago

There's no guarantee that these stocks will triple this decade, but each of them has a clear path to do so.

Other stocks mentioned: NVAX, PLUG
The Motley Fool - 1 month ago

U.S. cannabis stocks could be showing investors the green a lot sooner than you realize.

Other stocks mentioned: CURLF, GTBIF
The Motley Fool - 1 month ago

These cannabis companies are beginning to separate themselves from the pack.

Other stocks mentioned: GRWG, TCNNF
The Motley Fool - 1 month ago

You don't need deep pockets to build wealth on Wall Street.

Other stocks mentioned: TDOC, V
Zacks Investment Research - 1 month ago

With new states set to legalize cannabis this November, and the possibility of federal legalization looming, will the marijuana stocks finally live up to the hype?

Other stocks mentioned: ACB, CGC, CRON, STZ
The Motley Fool - 1 month ago

Joe Biden and Kamala Harris' plan to decriminalize cannabis at the federal level, if they're elected, could backfire.

Other stocks mentioned: GTBIF
The Motley Fool - 1 month ago

You'll want to keep these growth stocks on your watch list.

Other stocks mentioned: CGC, ROKU
The Motley Fool - 1 month ago

These two companies are growing revenues faster than Snowflake, and they're way more profitable.

Other stocks mentioned: VIRT
The Motley Fool - 1 month ago

The long-struggling sector had solid gains Thursday.

Other stocks mentioned: ACB, APHA, CGC, CRON, TCNNF, TLRY
Zacks Investment Research - 1 month ago

They're so secret, even the analysts aren't following them. But if value investors dig deep enough, its possible to find diamonds in the rough.

Other stocks mentioned: BBBY, JILL, MLHR, SCS

About IIPR

Innovative Industrial Properties 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.... Full company profile.

Industry
REIT-Industrial
IPO Date
Dec 1, 2016
CEO
Paul Smithers
Employees
14
Stock Exchange
NYSE
Ticker Symbol
IIPR
Full Company Profile

Financial Performance

In 2019, IIPR's revenue was $44.67 million, an increase of 202.07% compared to the previous year's $14.79 million. Earnings were $23.48 million, an increase of 236.08%.

Financial Statements

Analyst Forecasts

The average 12-month stock price forecast for IIPR is 162.29, which is an increase of 7.39% from the latest price.

Price Target
$162.29
(7.39% upside)