NYSE: IIPR
Innovative Industrial Properties Inc Stock

$106.68-0.77 (-0.72%)
Updated Dec 6, 2024
IIPR Price
$106.68
Fair Value Price
N/A
Market Cap
$3.02B
52 Week Low
$85.59
52 Week High
$138.35
P/E
18.85x
P/B
1.55x
P/S
12.23x
PEG
0.89x
Dividend Yield
6.97%
Revenue
$310.93M
Earnings
$163.27M
Gross Margin
91%
Operating Margin
58.07%
Profit Margin
52%
Debt to Equity
0.23
Operating Cash Flow
$267M
Beta
1.28
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

IIPR Overview

Innovative Industrial Properties (REIT) leases to cannabis facilities to state-licensed operators. The company owns 103 properties (7.7 million rentable square feet, including approximately 2.5 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. Innovative Industrial Propertie was founded in 2016 and is headquartered in Park City, UT.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine IIPR's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Value
F
Growth
C
Momentum
D
Sentiment
D
Safety
B
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Industrial REIT

Industry Rating
F
IIPR
Ranked
#12 of 17

Top Ranked Stocks in Industry

View Top Industrial REIT Stocks

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IIPR News

Overview

Due Diligence Score

Industry Average (31)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how IIPR scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

IIPR ($106.68) is trading above its intrinsic value of $74.70, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
IIPR is good value based on its earnings relative to its share price (18.85x), compared to the US market average (29.86x)
P/E vs Market Valuation
IIPR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more IIPR due diligence checks available for Premium users.

Valuation

IIPR price to earnings (PE)

For valuing profitable companies with steady earnings

Company
18.85x
Industry
33.71x
Market
29.86x
IIPR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IIPR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

IIPR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.55x
Industry
2.27x
IIPR is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IIPR price to earnings growth (PEG)

For valuing profitable companies with growth potential

IIPR is good value based... subscribe to Premium to read more.
PEG Value Valuation

IIPR's financial health

Profit margin

Revenue
$76.5M
Net Income
$40.2M
Profit Margin
51.8%
IIPR's Earnings (EBIT) of $180.55M... subscribe to Premium to read more.
Interest Coverage Financials
IIPR's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.4B
Liabilities
$448.8M
Debt to equity
0.23
IIPR's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IIPR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$64.9M
Investing
$6.4M
Financing
-$45.0M
IIPR's operating cash flow ($266.72M)... subscribe to Premium to read more.
Debt Coverage Financials

IIPR vs Industrial REIT Stocks

TickerZen RatingMarket Cap1d %P/EP/B
IIPRC$3.02B-0.72%18.85x1.55x
NSAC$3.31B+1.05%24.66x3.35x
GRP.U$3.33B+0.78%N/A0.84x
LXPC$2.69B-0.87%152.33x1.28x
PLYMC$841.52M-0.59%618.00x1.93x

Innovative Industrial Properties Stock FAQ

What is Innovative Industrial Properties's quote symbol?

(NYSE: IIPR) Innovative Industrial Properties trades on the NYSE under the ticker symbol IIPR. Innovative Industrial Properties stock quotes can also be displayed as NYSE: IIPR.

If you're new to stock investing, here's how to buy Innovative Industrial Properties stock.

What is the 52 week high and low for Innovative Industrial Properties (NYSE: IIPR)?

(NYSE: IIPR) Innovative Industrial Properties's 52-week high was $138.35, and its 52-week low was $85.59. It is currently -22.89% from its 52-week high and 24.64% from its 52-week low.

How much is Innovative Industrial Properties stock worth today?

(NYSE: IIPR) Innovative Industrial Properties currently has 28,331,833 outstanding shares. With Innovative Industrial Properties stock trading at $106.68 per share, the total value of Innovative Industrial Properties stock (market capitalization) is $3.02B.

Innovative Industrial Properties stock was originally listed at a price of $19.15 in Dec 1, 2016. If you had invested in Innovative Industrial Properties stock at $19.15, your return over the last 8 years would have been 457.08%, for an annualized return of 23.95% (not including any dividends or dividend reinvestments).

How much is Innovative Industrial Properties's stock price per share?

(NYSE: IIPR) Innovative Industrial Properties stock price per share is $106.68 today (as of Dec 6, 2024).

What is Innovative Industrial Properties's Market Cap?

(NYSE: IIPR) Innovative Industrial Properties's market cap is $3.02B, as of Dec 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Innovative Industrial Properties's market cap is calculated by multiplying IIPR's current stock price of $106.68 by IIPR's total outstanding shares of 28,331,833.
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