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IIPR

Innovative Industrial Properties, Inc.

$116.08

Earnings Summary

Revenue
$75.45Mn
Net Profits
$39.43Mn
Net Profit Margins
52.25%
PE Ratio
19.63

Highlights

Revenue:

Innovative Industrial Properties, Inc.’s revenue fell -0.81% since last year same period to $75.45Mn in the Q1 2024. On a quarterly growth basis, Innovative Industrial Properties, Inc. has generated -4.68% fall in its revenue since last 3-months.

Net Profits:

Innovative Industrial Properties, Inc.’s net profit fell -4.05% since last year same period to $39.43Mn in the Q1 2024. On a quarterly growth basis, Innovative Industrial Properties, Inc. has generated -5.3% fall in its net profits since last 3-months.

Net Profit Margins:

Innovative Industrial Properties, Inc.’s net profit margin fell -3.27% since last year same period to 52.25% in the Q1 2024. On a quarterly growth basis, Innovative Industrial Properties, Inc. has generated -0.65% fall in its net profit margins since last 3-months.

PE Ratio:

Innovative Industrial Properties, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 19.63.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Innovative Industrial Properties, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.31
EPS Estimate Current Year
1.31

Highlights

EPS Estimate Current Quarter:

Innovative Industrial Properties, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.31 - a -8.39% fall from last quarter’s estimates.

EPS Estimate Current Year:

Innovative Industrial Properties, Inc.’s earning per share (EPS) estimates for the current year stand at 1.31.

Key Ratios

Key ratios of the Innovative Industrial Properties, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
1.36
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
1.82

Highlights

Earning Per Share (EPS):

Innovative Industrial Properties, Inc.’s earning per share (EPS) fell -4.9% since last year same period to 1.36 in the Q1 2024. This indicates that the Innovative Industrial Properties, Inc. has generated -4.9% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Innovative Industrial Properties, Inc.’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Innovative Industrial Properties, Inc.’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Innovative Industrial Properties, Inc. declared 1.82 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
1.43
1.36
-4.9%