Innovative Industrial Properties, Inc. – NYSE:IIPR

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$52.4

-15.71

-23.07%

Market closed

Open in about 4 hours

-41.33%

month

-41.33%

quarter

-34.34%

year

Market Cap	2.01B
Enterprise value	2.08B

P/E	11.78
EV/Sales	6.68
EV/EBITDA	8.45
Price/Sales	6.20
Price/Book	0.98
PEG ratio	0.11
EPS	5.76

Revenue	308.89M
EBITDA	245.28M
Income	163.92M
Revenue Q/Q	-0.80%
Revenue Y/Y	7.28%

Profit margin	52.51%
Oper. margin	55.88%
Gross margin	74.34%
EBIT margin	55.88%
EBITDA margin	79.41%

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10 years history
Forward ratios (Analysts estimates)

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Innovative Industrial Properties Stock Forecast

M Q Y

Last Year

$118

Potential upside: 125.19%

Analysts Price target
Financials & Ratios estimates

Innovative Industrial Properties, Inc. (NYSE:IIPR): Profit margin
Jun 2023	76.45M	41.26M	53.98%
Sep 2023	77.82M	41.59M	53.44%
Dec 2023	79.15M	41.63M	52.6%
Mar 2024	75.45M	39.42M	52.25%

Dividends

Paying a dividend greater than earnings.

Innovative Industrial Properties, Inc. (NYSE:IIPR): Payout ratio
Payout ratio	128.5%

Innovative Industrial Properties, Inc. (NYSE:IIPR): Dividend Yield
2019	2.99%
2020	2.16%
2021	2.11%
2022	6.69%
2023	7.23%

IIPR dividends history

Innovative Industrial Properties, Inc. (NYSE:IIPR): Debt to assets
Jun 2023	2396255000	443.03M	18.49%
Sep 2023	2389423000	440.75M	18.45%
Dec 2023	2391090000	438.11M	18.32%
Mar 2024	2399513000	444.08M	18.51%

Innovative Industrial Properties, Inc. (NYSE:IIPR): Cash Flow
Jun 2023	61.76M	44.24M	-51.06M
Sep 2023	63.08M	12.43M	-51.08M
Dec 2023	66.08M	-789K	-42.07M
Mar 2024	71.45M	-14.39M	-45.25M

Innovative Industrial Properties alternative data

Innovative Industrial Properties
Employees

Innovative Industrial Properties, Inc. (NYSE:IIPR): Employee count
Sep 2023	22
Oct 2023	22
Nov 2023	22
Dec 2023	21
Jan 2024	21
Feb 2024	21
Mar 2024	21
Apr 2024	21
May 2024	21
Jun 2024	21
Jul 2024	21

Innovative Industrial Properties
Hedge Funds Holdings Q2 2022

51.34% -19.60%

of IIPR is owned by hedge funds

283 -129

hedge funds hold IIPR stock

13.52M -5.10M

shares is hold by hedge funds

IIPR hedge funds holdings changes

Innovative Industrial Properties
Insider Trading

Innovative Industrial Properties, Inc. (NYSE:IIPR): Insider trades (number of shares)
Period	Buy	Sel
Nov 2023	0	2500

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	15 Nov 2023	STECHER DAVID director director	Common Stock	2,500	$80.76	$201,888
Purchase	12 Aug 2022	GOLD ALAN D director: EXECUTI..	Common Stock	1,000	$97.79	$97,793
Purchase	12 Aug 2022	GOLD ALAN D director: EXECUTI..	Common Stock	1,000	$97.79	$97,793
Purchase	12 Aug 2022	GOLD ALAN D director: EXECUTI..	Common Stock	1,000	$97.79	$97,793
Purchase	10 Aug 2022	GOLD ALAN D director: EXECUTI..	Common Stock	1,000	$94.22	$94,220
Purchase	10 Aug 2022	GOLD ALAN D director: EXECUTI..	Common Stock	1,000	$94.22	$94,220
Purchase	10 Aug 2022	GOLD ALAN D director: EXECUTI..	Common Stock	1,000	$94.22	$94,220
Sale	15 Mar 2022	KREITZER GARY A director: director:	Series A Preferred Stock	2,196	$30.13	$66,165
Sale	14 Mar 2022	KREITZER GARY A director director	Series A Preferred Stock	1,104	$31.05	$34,283
Sale	11 Mar 2022	KREITZER GARY A director director	Series A Preferred Stock	500	$32.02	$16,010

IIPR insider trading transactions

Innovative Industrial Properties
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 9 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 27 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 2 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 3 Aug 2023	Q2 2023 Earnings Call Transcript

IIPR earnings call transcripts

Innovative Industrial Properties
Executives

Insider	Age	Compensation
Mr. Alan D. Gold (1960) Executive Chairman	65	$2,230,000
Mr. Paul E. Smithers (1957) Pres, Chief Executive Officer & Director	68	$1,060,000
Ms. Catherine Hastings CPA (1971) Chief Financial Officer & Treasurer	54	$625,420
Mr. Brian J. Wolfe (1976) Vice President, Gen. Counsel & Company Sec.	49	$612,300

Innovative Industrial Properties
Latest News

Saturday, 28 December 2024
12:15	The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
10:00	Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Innovative Industrial Properties, Inc. (IIPR) And Encourages Stockholders to Reach Out	accesswire.com
Friday, 27 December 2024
17:00	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR	prnewswire.com
Monday, 23 December 2024
15:00	Innovative Industrial Properties, Inc. (IIPR) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation	accesswire.com
10:30	The Schall Law Firm Invites Shareholder Participation In An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
Sunday, 22 December 2024
09:00	Powell Plays Grinch	seekingalpha.com
06:52	Cannabis REIT Innovative Industrial Properties Is Finally A Buy	seekingalpha.com
Saturday, 21 December 2024
13:30	Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm	accesswire.com
05:37	Innovative Industrial Properties: Schedule III Reclassification A Smokescreen?	seekingalpha.com
Friday, 20 December 2024
13:15	The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
12:35	Why Innovative Industrial Properties Stock Plunged Today	fool.com
11:30	Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact Kehoe Law Firm, P.C. - IIPR	accesswire.com
06:55	Innovative Industrial Properties Reports Default by PharmaCann on All Leases	businesswire.com
Thursday, 19 December 2024
13:00	Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm	accesswire.com
Wednesday, 18 December 2024
11:30	The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
Tuesday, 17 December 2024
13:15	Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm	accesswire.com
11:30	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR	accesswire.com
Monday, 16 December 2024
17:30	The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
14:15	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR	accesswire.com
Sunday, 15 December 2024
13:45	Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm	accesswire.com
12:00	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR	accesswire.com
Saturday, 14 December 2024
17:30	The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
Friday, 13 December 2024
13:15	Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm	accesswire.com
12:30	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR	accesswire.com
07:00	Innovative Industrial Properties Declares Fourth Quarter 2024 Dividends	businesswire.com
Thursday, 12 December 2024
18:30	The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations	accesswire.com
Wednesday, 11 December 2024
17:45	Innovative Industrial Properties Inc Is Being Investigated For Possible Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm	accesswire.com
14:30	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR	accesswire.com
11:31	Cash COWs And Buried Treasures: 2024 Performance Review	seekingalpha.com
10:13	3 Cannabis Stocks In The Public Sector You Should Know About	marijuanastocks.com

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Innovative Industrial Properties: The Cannabis Rescheduling Catalyst For This 6.7% Yield
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Innovative Industrial Properties: We're Not Ready To Reclassify
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Innovative Industrial Properties' 9% Dividend Is Set To Go Higher

Frequently Asked Questions (FAQ)

What's the price of Innovative Industrial Properties stock today?

One share of Innovative Industrial Properties stock can currently be purchased for approximately $52.4.
When is Innovative Industrial Properties's next earnings date?

Unfortunately, Innovative Industrial Properties's (IIPR) next earnings date is currently unknown.
Does Innovative Industrial Properties pay dividends?

Yes, Innovative Industrial Properties pays dividends and its trailing 12-month yield is 8.25% with 128% payout ratio.It means that the company is paying a dividend greater than earnings. The last Innovative Industrial Properties stock dividend of $1.5 was paid on 14 Jan 2022.
How much money does Innovative Industrial Properties make?

Innovative Industrial Properties has a market capitalization of 2.01B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 11.99% to 309.51M US dollars.
What is Innovative Industrial Properties's stock symbol?

Innovative Industrial Properties, Inc. is traded on the NYSE under the ticker symbol "IIPR".
What is Innovative Industrial Properties's primary industry?

Company operates in the Real Estate sector and REIT - Industrial industry.
How do i buy shares of Innovative Industrial Properties?

Shares of Innovative Industrial Properties can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Innovative Industrial Properties's key executives?
Innovative Industrial Properties's management team includes the following people:
- Mr. Alan D. Gold Executive Chairman(age: 65, pay: $2,230,000)
- Mr. Paul E. Smithers Pres, Chief Executive Officer & Director(age: 68, pay: $1,060,000)
- Ms. Catherine Hastings CPA Chief Financial Officer & Treasurer(age: 54, pay: $625,420)
- Mr. Brian J. Wolfe Vice President, Gen. Counsel & Company Sec.(age: 49, pay: $612,300)
How many employees does Innovative Industrial Properties have?

As Jul 2024, Innovative Industrial Properties employs 21 workers.
When Innovative Industrial Properties went public?

Innovative Industrial Properties, Inc. is publicly traded company for more then 8 years since IPO on 1 Dec 2016.
What is Innovative Industrial Properties's official website?

The official website for Innovative Industrial Properties is innovativeindustrialproperties.com.
Where are Innovative Industrial Properties's headquarters?

Innovative Industrial Properties is headquartered at 1389 Center Drive, Park City, UT.
How can i contact Innovative Industrial Properties?

Innovative Industrial Properties's mailing address is 1389 Center Drive, Park City, UT and company can be reached via phone at (858) 997-3332.
What is Innovative Industrial Properties stock forecast & price target?

Based on 1 Wall Street analysts` predicted price targets for Innovative Industrial Properties in the last 12 months, the avarage price target is $118. The average price target represents a 125.19% change from the last price of $52.4.

Innovative Industrial Properties, Inc.

innovativeindustrialproperties.com

Exchange:

NYSE

Full time employees:

Industry:

REIT - Industrial

Sector:

Real Estate

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.

(858) 997-3332

1389 Center Drive
Park City, UT 84098

CIK: 0001677576
ISIN: US45781V1017
CUSIP: 45781V101