Innovative Industrial Properties, Inc. (IIPR)

$122.93

+2.19

(+1.81%)▲

Market is closed - opens 7 PM, 29 Jul 2024

Performance

  • $121.00
    $123.24
    $122.93
    downward going graph

    1.57%

    Downside

    Day's Volatility :1.82%

    Upside

    0.25%

    downward going graph
  • $65.52
    $124.00
    $122.93
    downward going graph

    46.7%

    Downside

    52 Weeks Volatility :47.16%

    Upside

    0.86%

    downward going graph

Returns

PeriodInnovative Industrial Properties, Inc.Sector (Real Estate)Index (Russel 2000)
3 Months
23.57%
9.9%
0.0%
6 Months
28.15%
4.1%
0.0%
1 Year
55.15%
3.2%
0.0%
3 Years
-43.21%
-13.4%
-20.2%

Highlights

Market Capitalization
3.4B
Book Value
$68.53
Dividend Share
7.24
Dividend Yield
6.36%
Earnings Per Share (EPS)
5.7
PE Ratio
21.35
PEG Ratio
0.0
Wall Street Target Price
130.8
Profit Margin
53.07%
Operating Margin TTM
55.71%
Return On Assets TTM
4.57%
Return On Equity TTM
8.38%
Revenue TTM
308.9M
Revenue Per Share TTM
11.02
Quarterly Revenue Growth YOY
-0.8%
Gross Profit TTM
265.8M
EBITDA
243.5M
Diluted Eps TTM
5.7
Quarterly Earnings Growth YOY
-0.05
EPS Estimate Current Year
5.28
EPS Estimate Next Year
5.84
EPS Estimate Current Quarter
1.43
EPS Estimate Next Quarter
1.46

Analyst Recommendation

Buy
    53%Buy
    46%Hold
    0
    0%Sell
Based on 13 Wall street analysts offering stock ratings for Innovative Industrial Properties, Inc.(by analysts ranked 0 to 5 stars)
Based on 13 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
7
7
Hold
6
6
6
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 6.4%

Current $122.93
Target $130.80

Company Financials

FY18Y/Y Change
Revenue
14.8M
↑ 130.33%
Net Income
7.0M
↓ 9801.39%
Net Profit Margin
47.24%
↑ 48.36%
FY19Y/Y Change
Revenue
44.7M
↑ 202.07%
Net Income
17.2M
↑ 145.8%
Net Profit Margin
38.44%
↓ 8.8%
FY20Y/Y Change
Revenue
116.9M
↑ 161.71%
Net Income
65.7M
↑ 282.84%
Net Profit Margin
56.23%
↑ 17.79%
FY21Y/Y Change
Revenue
204.6M
↑ 74.99%
Net Income
114.0M
↑ 73.42%
Net Profit Margin
55.73%
↓ 0.5%
FY22Y/Y Change
Revenue
276.4M
↑ 35.11%
Net Income
154.4M
↑ 35.44%
Net Profit Margin
55.86%
↑ 0.13%
FY23Y/Y Change
Revenue
309.5M
↑ 11.99%
Net Income
165.6M
↑ 7.26%
Net Profit Margin
53.5%
↓ 2.36%
Q4 FY22Q/Q Change
Revenue
70.5M
↓ 0.6%
Net Income
41.5M
↑ 11.98%
Net Profit Margin
58.91%
↑ 6.62%
Q1 FY23Q/Q Change
Revenue
76.1M
↑ 7.96%
Net Income
41.1M
↓ 1.0%
Net Profit Margin
54.02%
↓ 4.89%
Q2 FY23Q/Q Change
Revenue
76.5M
↑ 0.51%
Net Income
41.3M
↑ 0.43%
Net Profit Margin
53.98%
↓ 0.04%
Q3 FY23Q/Q Change
Revenue
77.8M
↑ 1.79%
Net Income
41.6M
↑ 0.79%
Net Profit Margin
53.44%
↓ 0.54%
Q4 FY23Q/Q Change
Revenue
79.2M
↑ 1.71%
Net Income
41.6M
↑ 0.09%
Net Profit Margin
52.6%
↓ 0.84%
Q1 FY24Q/Q Change
Revenue
75.5M
↓ 4.68%
Net Income
39.4M
↓ 5.3%
Net Profit Margin
52.25%
↓ 0.35%
FY18Y/Y Change
Total Assets
281.5M
↑ 251.71%
Total Liabilities
17.2M
↑ 165.07%
FY19Y/Y Change
Total Assets
745.9M
↑ 164.99%
Total Liabilities
197.8M
↑ 1052.01%
FY20Y/Y Change
Total Assets
1.8B
↑ 137.05%
Total Liabilities
243.1M
↑ 22.88%
FY21Y/Y Change
Total Assets
2.1B
↑ 17.9%
Total Liabilities
472.9M
↑ 94.52%
FY22Y/Y Change
Total Assets
2.4B
↑ 15.84%
Total Liabilities
452.9M
↓ 4.22%
FY23Y/Y Change
Total Assets
2.4B
↓ 0.98%
Total Liabilities
438.1M
↓ 3.27%
Q4 FY22Q/Q Change
Total Assets
2.4B
↓ 0.65%
Total Liabilities
452.9M
↓ 2.34%
Q1 FY23Q/Q Change
Total Assets
2.4B
↓ 0.07%
Total Liabilities
455.1M
↑ 0.47%
Q2 FY23Q/Q Change
Total Assets
2.4B
↓ 0.7%
Total Liabilities
443.0M
↓ 2.65%
Q3 FY23Q/Q Change
Total Assets
2.4B
↓ 0.29%
Total Liabilities
440.8M
↓ 0.51%
Q4 FY23Q/Q Change
Total Assets
2.4B
↑ 0.07%
Total Liabilities
438.1M
↓ 0.6%
Q1 FY24Q/Q Change
Total Assets
2.4B
↑ 0.35%
Total Liabilities
444.1M
↑ 1.36%
FY18Y/Y Change
Operating Cash Flow
15.7M
↑ 212.92%
Investing Cash Flow
-199.3M
↑ 415.6%
Financing Cash Flow
184.9M
↑ 1392.56%
FY19Y/Y Change
Operating Cash Flow
44.9M
↑ 186.33%
Investing Cash Flow
-340.6M
↑ 70.95%
Financing Cash Flow
400.0M
↑ 116.37%
FY20Y/Y Change
Operating Cash Flow
110.8M
↑ 146.62%
Investing Cash Flow
-1.0B
↑ 201.53%
Financing Cash Flow
925.0M
↑ 131.27%
FY21Y/Y Change
Operating Cash Flow
188.7M
↑ 70.33%
Investing Cash Flow
-384.1M
↓ 62.6%
Financing Cash Flow
155.8M
↓ 83.16%
FY22Y/Y Change
Operating Cash Flow
234.1M
↑ 24.04%
Investing Cash Flow
-396.2M
↑ 3.15%
Financing Cash Flow
164.2M
↑ 5.43%
Q4 FY22Q/Q Change
Operating Cash Flow
55.4M
↓ 2.53%
Investing Cash Flow
-396.2M
↓ 1670.11%
Financing Cash Flow
-50.8M
↑ 2.78%
Q1 FY23Q/Q Change
Operating Cash Flow
64.6M
↑ 16.73%
Investing Cash Flow
-62.7M
↓ 84.18%
Financing Cash Flow
-51.4M
↑ 1.12%
Q2 FY23Q/Q Change
Operating Cash Flow
61.8M
↓ 4.41%
Investing Cash Flow
44.2M
↓ 170.6%
Financing Cash Flow
-51.1M
↓ 0.67%
Q3 FY23Q/Q Change
Operating Cash Flow
63.1M
↑ 2.13%
Investing Cash Flow
-6.0M
↓ 113.56%
Financing Cash Flow
-51.1M
↑ 0.03%

Technicals Summary

Sell

Neutral

Buy

Innovative Industrial Properties, Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc.
10.82%
28.15%
55.15%
-43.21%
12.08%
Prologis, Inc.
Prologis, Inc.
9.08%
-5.08%
-6.85%
-5.9%
46.67%
Rexford Industrial Realty Inc
Rexford Industrial Realty Inc
9.78%
-11.04%
-15.13%
-20.5%
-13.35%
Cubesmart
Cubesmart
4.7%
5.21%
5.95%
-3.51%
40.92%
Extra Space Storage Inc.
Extra Space Storage Inc.
2.36%
8.96%
11.16%
-5.9%
45.74%
Public Storage
Public Storage
2.36%
1.74%
-0.22%
-5.97%
23.18%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc.
21.35
21.35
0.0
5.28
0.08
0.05
0.06
68.53
Prologis, Inc.
Prologis, Inc.
40.62
40.62
0.6
2.57
0.05
0.02
0.03
57.59
Rexford Industrial Realty Inc
Rexford Industrial Realty Inc
40.12
40.12
9.31
1.2
0.04
0.02
0.03
36.2
Cubesmart
Cubesmart
26.02
26.02
6.31
1.74
0.14
0.05
0.04
12.37
Extra Space Storage Inc.
Extra Space Storage Inc.
38.72
38.72
4.43
4.36
0.09
0.04
0.04
67.55
Public Storage
Public Storage
26.82
26.82
8.91
10.62
0.21
0.08
0.04
31.86
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc.
Buy
$3.4B
12.08%
21.35
53.07%
Prologis, Inc.
Prologis, Inc.
Buy
$114.0B
46.67%
40.62
34.87%
Rexford Industrial Realty Inc
Rexford Industrial Realty Inc
Buy
$11.0B
-13.35%
40.12
30.8%
Cubesmart
Cubesmart
Hold
$10.7B
40.92%
26.02
38.47%
Extra Space Storage Inc.
Extra Space Storage Inc.
Hold
$36.7B
45.74%
38.72
28.12%
Public Storage
Public Storage
Buy
$51.9B
23.18%
26.82
46.43%

Insights on Innovative Industrial Properties, Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 79.15M → 75.45M (in $), with an average decrease of 4.7% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 41.63M → 39.42M (in $), with an average decrease of 5.3% per quarter

  • Vs CUBE

    In the last 3 years, Innovative Industrial Properties, Inc. has experienced a drawdown of -43.2%, however Cubesmart resisted the overall trend and outperformed by 37.3%

Institutional Holdings

  • BlackRock Inc

    17.69%

  • Vanguard Group Inc

    15.57%

  • State Street Corporation

    5.85%

  • Zimmer Partners LP

    2.74%

  • Charles Schwab Investment Management Inc

    1.43%

  • Morgan Stanley - Brokerage Accounts

    1.28%

Corporate Announcements

  • Innovative Industrial Properties, Inc. Dividends March,2024

    In the quarter ending March,2024. Innovative Industrial Properties, Inc. has declared dividend of $1.82

    Read More

Company Information

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.

Organization
Innovative Industrial Properties, Inc.
Employees
21
CEO
Mr. Paul E. Smithers
Industry
Finance

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