Innovative Industrial Properties Inc. (IIPR)

NYSE: IIPR · IEX Real-Time Price · USD
209.88 -0.85 (-0.40%)
Jan 14, 2022 4:00 PM EST - Market closed
Market Cap5.02B
Revenue (ttm)182.70M
Net Income (ttm)105.34M
Shares Out23.93M
EPS (ttm)4.35
PE Ratio48.26
Forward PE40.16
Dividend$5.72 (2.73%)
Ex-Dividend DateDec 30, 2021
Volume204,133
Open208.12
Previous Close210.73
Day's Range205.41 - 211.73
52-Week Range160.91 - 288.02
Beta1.47
AnalystsBuy
Price Target287.00 (+36.7%)
Earnings DateNov 3, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateDec 1, 2016
CEOPaul Smithers
Employees19
Stock ExchangeNYSE
Ticker SymbolIIPR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for IIPR stock is "Buy." The 12-month stock price forecast is 287.00, which is an increase of 36.74% from the latest price.

Price Target
$287.00
(36.74% upside)
Analyst Consensus: Buy

News

Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: What You Should Know

Innovative Industrial Properties (IIPR) closed at $209.88 in the latest trading session, marking a -0.4% move from the prior day.

2 days ago - Zacks Investment Research

Will Cannabis Real Estate Be Smoking Hot in 2022?

2021 set a record year for cannabis sales. Find out of 2022 will be just as hot.

2 days ago - The Motley Fool

Down 15%, Is Innovative Industrial Properties a Buy?

The company is by far the most significant REIT specializing in the marijuana industry.

4 days ago - The Motley Fool

Investing in This REIT Could Make You a Millionaire Retiree

See why this REIT is budding with opportunities for growth.

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1 week ago - The Motley Fool

Why Innovative Industrial Properties Stock Fell as Much as 17.5% This Week

The marijuana facility landlord has been in a downtrend for a bit, with the drop continuing into the new year.

1 week ago - The Motley Fool

The Best Marijuana Stocks To Buy In 2022? Could These Be The Ones For You

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1 week ago - MarijuanaStocks

Innovative Industrial Properties (IIPR) Gains As Market Dips: What You Should Know

Innovative Industrial Properties (IIPR) closed at $227.33 in the latest trading session, marking a +1.15% move from the prior day.

1 week ago - Zacks Investment Research

Innovative Industrial (IIPR) Issues Q4 Update, Continues Buyouts

Innovative Industrial's (IIPR) expansion efforts are likely to help this REIT bank on solid opportunities in its markets and boost the top line.

1 week ago - Zacks Investment Research

Innovative Industrial Properties Announces Q4 2021 Operating, Investment and Capital Markets Activity

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...

1 week ago - Business Wire

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Is Innovative Industrial Properties Stock a Buy?

The marijuana REIT has been an anomaly among cannabis stocks.

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Can they keep their streaks going in 2022 and beyond?

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Ride The Cannabis Legalization Wave With These 3 Stocks

Stocks like Cronos Group (CRON), Canopy Growth (CGC) and Innovative Industrial Properties (IIPR) are sure to benefit at present amid the cannabis legalization wave.

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Top Cannabis Stocks To Buy In 2022? 3 Marijuana REITs For Your Long-Term Portfolio

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This cannabis stock is the only REIT serving the medical marijuana industry.

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Legalization at state level is ramping up and once federal legalization is achieved marijuana stocks like Tilray, Inc. (TLRY), Sundial Growers (SNDL), Block Inc. (SQ) and Innovative Industrial Propertie...

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