IIPR — Innovative Industrial Properties Share Price
0.000.00%
Last trade - 00:00- $2.78bn
- $2.94bn
- $309.51m
- 75
- 57
- 97
- 90
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 16.68 | ||
| PEG Ratio (f) | 51.95 | ||
| EPS Growth (f) | 0.32% | ||
| Dividend Yield (f) | 7.46% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.43 | ||
| Price to Tang. Book | 1.43 | ||
| Price to Free Cashflow | 39.47 | ||
| Price to Sales | 9 | ||
| EV to EBITDA | 12.13 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 7.3% | ||
| Return on Equity | 8.31% | ||
| Operating Margin | 56.42% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 44.67 | 116.9 | 204.55 | 276.36 | 309.51 | 321.48 | 332.18 | 83.72% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +171.61 | +60.59 | +43.79 | +17.31 | +6.28 | +1.26 | -1.99 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately d 108 properties comprising an aggregate of approximately 8.9 million rentable square feet (including approximately 1.4 million rentable square feet under development/redevelopment) in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 2 LP, and IIP-CA 1 LP.
Directors
- Alan Gold CHM (60)
- Paul Smithers PRE (63)
- Gary Kreitzer VCH (66)
- Catherine Hastings CFO (50)
- Andy Bui CAO (39)
- Brian Wolfe VPR (44)
- Mary Curran IND (64)
- Scott Shoemaker IND (53)
- David Stecher IND (59)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- June 15th, 2016
- Public Since
- November 29th, 2016
- No. of Shareholders
- 32
- No. of Employees
- 21
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
- New York Stock Exchange
- Shares in Issue
- 28,328,647
- Address
- 1389 Center Drive, Suite 200, PARK CITY, 84098
- Web
- https://innovativeindustrialproperties.com/
- Phone
- +1 8589973332
- Auditors
- BDO USA, LLP
Upcoming Events for IIPR
Innovative Industrial Properties Inc Annual Shareholders Meeting
Innovative Industrial Properties Inc Annual Shareholders Meeting
Q2 2024 Innovative Industrial Properties Inc Earnings Release
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FAQ
What is the Innovative Industrial Properties share price?
As of Today at 19:11 UTC, shares in Innovative Industrial Properties are trading at $98.30. This share price information is delayed by 15 minutes.
How has the Innovative Industrial Properties share price performed this year?
Shares in Innovative Industrial Properties last closed at $98.30 and the price had moved by +36.06% over the past 365 days. In terms of relative price strength the Innovative Industrial Properties share price has outperformed the S&P500 Index by +9.88% over the past year.
What are the analyst and broker recommendations for Innovative Industrial Properties?
The overall consensus recommendation for Innovative Industrial Properties is Hold. You can view the full broker recommendation list by unlocking its StockReport.
What is the Innovative Industrial Properties dividend yield?
The Innovative Industrial Properties dividend yield is 7.34% based on the trailing twelve month period.
Does Innovative Industrial Properties pay a dividend?
Last year, Innovative Industrial Properties paid a total dividend of $7.22, and it currently has a trailing dividend yield of 7.34%.Looking ahead, the next dividend pay date is 2024-04-15.
When does Innovative Industrial Properties next pay dividends?
We do not have data on when Innovative Industrial Properties is to next pay dividends. The historic dividend yield on Innovative Industrial Properties shares is currently 7.34%.
How do I buy Innovative Industrial Properties shares?
To buy shares in Innovative Industrial Properties you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Innovative Industrial Properties?
As of the previous close price of $98.30, shares in Innovative Industrial Properties had a market capitalisation of $2.78bn.
Where are Innovative Industrial Properties shares listed?
Here are the trading details for Innovative Industrial Properties:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: IIPR
What kind of share is Innovative Industrial Properties?
Based on an overall assessment of its quality, value and momentum Innovative Industrial Properties is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Innovative Industrial Properties share price forecast for 2024?
The analyst consensus target price for shares in Innovative Industrial Properties is $121.40. That is 23.5% above the last closing price of $98.30.
Analysts covering Innovative Industrial Properties currently have a consensus Earnings Per Share (EPS) forecast of $5.93 for the next financial year.
What is the trend in the Innovative Industrial Properties share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Innovative Industrial Properties. Over the past six months, its share price has outperformed the S&P500 Index by +11.17%.
As of the last closing price of $98.30, shares in Innovative Industrial Properties were trading +14.01% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Innovative Industrial Properties PE Ratio?
The Innovative Industrial Properties PE ratio based on its reported earnings over the past 12 months is 16.68. The shares last closed at $98.30.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Innovative Industrial Properties?
Innovative Industrial Properties' management team is headed by:
- Alan Gold - CHM
- Paul Smithers - PRE
- Gary Kreitzer - VCH
- Catherine Hastings - CFO
- Andy Bui - CAO
- Brian Wolfe - VPR
- Mary Curran - IND
- Scott Shoemaker - IND
- David Stecher - IND