Innovative Industrial Properties, Inc. (IIPR)

Market Cap	2.76B
Revenue (ttm)	309.51M
Net Income (ttm)	164.24M
Shares Out	28.21M
EPS (ttm)	5.77
PE Ratio	16.93
Forward PE	16.16
Dividend	$7.28 (7.45%)
Ex-Dividend Date	Mar 27, 2024

Volume	97,495
Open	98.05
Previous Close	97.88
Day's Range	97.70 - 99.23
52-Week Range	65.16 - 105.81
Beta	1.52
Analysts	Hold
Price Target	99.33 (+1.66%)
Earnings Date	May 8, 2024

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 2023, IIPR's revenue was $309.51 million, an increase of 11.99% compared to the previous year's $276.36 million. Earnings were $164.24 million, an increase of 7.32%.

Analyst Forecast

According to 3 analysts, the average rating for IIPR stock is "Hold." The 12-month stock price forecast is $99.33, which is an increase of 1.66% from the latest price.

Price Target

$99.33

(1.66% upside)

Analyst Consensus: Hold