Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
51.68
+0.72 (1.41%)
Apr 17, 2025, 4:00 PM EDT - Market closed

IIPR Statistics

Total Valuation

IIPR has a market cap or net worth of $1.46 billion. The enterprise value is $1.61 billion.

Market Cap 1.46B
Enterprise Value 1.61B

Important Dates

The next estimated earnings date is Wednesday, May 7, 2025, after market close.

Earnings Date May 7, 2025
Ex-Dividend Date Mar 31, 2025

Share Statistics

IIPR has 28.33 million shares outstanding. The number of shares has increased by 0.97% in one year.

Current Share Class 28.33M
Shares Outstanding 28.33M
Shares Change (YoY) +0.97%
Shares Change (QoQ) -0.09%
Owned by Insiders (%) 1.58%
Owned by Institutions (%) 71.58%
Float 27.88M

Valuation Ratios

The trailing PE ratio is 9.34 and the forward PE ratio is 12.42.

Price/FFO Ratio 6.40
Price/AFFO Ratio 7.80
PE Ratio 9.34
Forward PE 12.42
PS Ratio 4.72
Forward PS 4.95
PB Ratio 0.76
P/TBV Ratio 0.77
P/FCF Ratio n/a
P/OCF Ratio 5.66
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 10.25
EV / Sales 5.23
EV / EBITDA 6.63
EV / EBIT 9.36
EV / FCF n/a

Financial Position

The company has a current ratio of 2.82, with a Debt / Equity ratio of 0.15.

Current Ratio 2.82
Quick Ratio 2.22
Debt / Equity 0.15
Debt / EBITDA 1.23
Debt / FCF n/a
Interest Coverage 9.77

Financial Efficiency

Return on equity (ROE) is 8.31% and return on invested capital (ROIC) is 4.81%.

Return on Equity (ROE) 8.31%
Return on Assets (ROA) 4.52%
Return on Invested Capital (ROIC) 4.81%
Return on Capital Employed (ROCE) 7.46%
Revenue Per Employee $14.02M
Profits Per Employee $7.16M
Employee Count 22
Asset Turnover 0.13
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -45.31% in the last 52 weeks. The beta is 1.63, so IIPR's price volatility has been higher than the market average.

Beta (5Y) 1.63
52-Week Price Change -45.31%
50-Day Moving Average 65.15
200-Day Moving Average 98.55
Relative Strength Index (RSI) 37.06
Average Volume (20 Days) 524,837

Short Selling Information

The latest short interest is 1.57 million, so 5.55% of the outstanding shares have been sold short.

Short Interest 1.57M
Short Previous Month 1.50M
Short % of Shares Out 5.55%
Short % of Float 5.64%
Short Ratio (days to cover) 3.46

Income Statement

In the last 12 months, IIPR had revenue of $308.52 million and earned $157.60 million in profits. Earnings per share was $5.52.

Revenue 308.52M
Gross Profit 280.05M
Operating Income 172.58M
Pretax Income 164.65M
Net Income 157.60M
EBITDA 243.39M
EBIT 172.58M
Earnings Per Share (EPS) $5.52
Full Income Statement

Balance Sheet

The company has $146.25 million in cash and $298.91 million in debt, giving a net cash position of -$152.67 million or -$5.39 per share.

Cash & Cash Equivalents 146.25M
Total Debt 298.91M
Net Cash -152.67M
Net Cash Per Share -$5.39
Equity (Book Value) 1.94B
Book Value Per Share 67.50
Working Capital 119.94M
Full Balance Sheet

Cash Flow

Operating Cash Flow 258.45M
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 90.77%, with operating and profit margins of 55.94% and 52.40%.

Gross Margin 90.77%
Operating Margin 55.94%
Pretax Margin 52.40%
Profit Margin 52.40%
EBITDA Margin 78.89%
EBIT Margin 55.94%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $7.60, which amounts to a dividend yield of 14.71%.

Dividend Per Share $7.60
Dividend Yield 14.71%
Dividend Growth (YoY) 4.97%
Years of Dividend Growth 8
Payout Ratio 137.56%
Buyback Yield -0.97%
Shareholder Yield 13.73%
Earnings Yield 10.78%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for IIPR is $88.75, which is 71.73% higher than the current price. The consensus rating is "Hold".

Price Target $88.75
Price Target Difference 71.73%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6