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Innovative Industrial Properties Inc logo

IIPR - Innovative Industrial Properties Inc Share Price

$180.8 -4.1  -2.2%

Last Trade - 19/04/21

Sector
Financials
Size
Large Cap
Market Cap £3.20bn
Enterprise Value £3.21bn
Revenue £84.5m
Position in Universe 1509th / 6847
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -10.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.000 0.32 6.42 14.8 44.7 116.9 200 269.6 +336.8%
+171.6 +60.6 +46.9 +39.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020,Innovative Industrial Properties Inc revenues increasedfrom $44.7M to $116.9M. Net income applicable to commonstockholders increased from $21.7M to $63.9M. Revenuesreflect an increase in demand for the Company's productsand services due to favorable market conditions. Dividendper share increased from $2.83 to $4.47.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Innovative Industrial Properties, Inc. is a 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 state-licensed cannabis facilities. It acquires properties through sale-leaseback transactions and third-party purchases. The Company partners with medical-use cannabis operators and serves as a source of capital by acquiring and leasing back their real estate assets, in addition to offering other real estate-based capital solutions. It partners with licensed operators across all product types: cultivation, processing, distribution and retail. The Company owns approximately 67 properties located in 17 states totaling approximately 5.7 million rentable square feet.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated June 15, 2016
Public Since November 29, 2016
No. of Shareholders: 17
No. of Employees: 15
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange New York Stock Exchange
Shares in Issue 23,926,317
Free Float (0.0%)
Eligible for
ISAs
SIPPs
IIPR Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for IIPR
Upcoming Events for IIPR
Tuesday 4th May, 2021 Estimate
Q1 2021 Innovative Industrial Properties Inc Earnings Release
Wednesday 2nd June, 2021 Estimate
Innovative Industrial Properties Inc Annual Shareholders Meeting
Tuesday 3rd August, 2021 Estimate
Q2 2021 Innovative Industrial Properties Inc Earnings Release
Frequently Asked Questions for Innovative Industrial Properties Inc
What is the Innovative Industrial Properties Inc share price?

As of 19/04/21, shares in Innovative Industrial Properties Inc are trading at $180.8, giving the company a market capitalisation of £3.20bn. This share price information is delayed by 15 minutes.

How has the Innovative Industrial Properties Inc share price performed this year?

Shares in Innovative Industrial Properties Inc are currently trading at $180.8 and the price has moved by 0.153k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Innovative Industrial Properties Inc price has moved by 74.22% over the past year.

What are the analyst and broker recommendations for Innovative Industrial Properties Inc?

Of the analysts with advisory recommendations for Innovative Industrial Properties Inc, there are there are currently 2 "buy" , 2 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Innovative Industrial Properties Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Innovative Industrial Properties Inc next release its financial results?

Innovative Industrial Properties Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Innovative Industrial Properties Inc dividend yield?

The Innovative Industrial Properties Inc dividend yield is 2.42% based on the trailing twelve month period.

Does Innovative Industrial Properties Inc pay a dividend?

Last year, Innovative Industrial Properties Inc paid a total dividend of 4.47, and it currently has a trailing dividend yield of 2.42%. Looking ahead, Innovative Industrial Properties Inc has not announced an ex-dividend date yet.

When does Innovative Industrial Properties Inc next pay dividends?

Innovative Industrial Properties Inc has yet to annouce their ex-dividend date. The historic dividend yield on Innovative Industrial Properties Inc shares is currently 2.42%.

How do I buy Innovative Industrial Properties Inc shares?

To buy shares in Innovative Industrial Properties Inc 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 Inc?

Shares in Innovative Industrial Properties Inc are currently trading at $180.8, giving the company a market capitalisation of £3.20bn.

Where are Innovative Industrial Properties Inc shares listed? Where are Innovative Industrial Properties Inc shares listed?

Here are the trading details for Innovative Industrial Properties Inc:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: IIPR
What kind of share is Innovative Industrial Properties Inc?

Based on an overall assessment of its quality, value and momentum, Innovative Industrial Properties Inc is currently classified as a Style Neutral. 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 Inc share price forecast 2021?

Shares in Innovative Industrial Properties Inc are currently priced at $180.8. At that level they are trading at 17.43% discount to the analyst consensus target price of 0.00.

Analysts covering Innovative Industrial Properties Inc currently have a consensus Earnings Per Share (EPS) forecast of 4.798 for the next financial year.

How can I tell whether the Innovative Industrial Properties Inc share price will go up?

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 Inc. Over the past six months, the relative strength of its shares against the market has been 17.34%. At the current price of $180.8, shares in Innovative Industrial Properties Inc are trading at 21.26% against 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 Inc PE Ratio?

The Innovative Industrial Properties Inc PE ratio based on its reported earnings over the past 12 months is 56.63. The shares are currently trading at $180.8.

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 Inc?

Innovative Industrial Properties Inc's management team is headed by:

Alan Gold - CHM
Gary Kreitzer - VCH
Scott Shoemaker - IND
Paul Smithers - PRE
David Stecher - IND
Catherine Hastings - CFO
Brian Wolfe - VPR
Mary Curran - IND
Andy Bui - CAO
Who are the major shareholders of Innovative Industrial Properties Inc?

Here are the top five shareholders of Innovative Industrial Properties Inc based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 14.15% (3.39m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 13.84% (3.31m shares)
iShares Core S&P Small-Cap ETF Mutual Fund
Percentage owned: 6.67% (1.59m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 4.37% (1.04m shares)
Vanguard Real Estate Index Fund Mutual Fund
Percentage owned: 4.21% (1.01m shares)
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