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    Innovative Industrial Properties, Inc. (IIPR)

    Price:

    54.41 USD

    ( - -0.45 USD)

    Your position:

    0 USD

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    Symbol
    IIPR
    Name
    Innovative Industrial Properties, Inc.
    Industry
    REIT - Industrial
    Sector
    Real Estate
    Price
    54.410
    Market Cap
    1.525B
    Enterprise value
    2.033B
    Currency
    USD
    Ceo
    Paul E. Smithers
    Full Time Employees
    21
    Ipo Date
    2016-12-01
    City
    Park City
    Address
    1389 Center Drive

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Prologis, Inc.

    VALUE SCORE:

    8

    Symbol
    PLD
    Market Cap
    107.109B
    Industry
    REIT - Industrial
    Sector
    Real Estate

    2nd position

    Terreno Realty Corporation

    VALUE SCORE:

    10

    Symbol
    TRNO
    Market Cap
    5.997B
    Industry
    REIT - Industrial
    Sector
    Real Estate

    The best

    First Industrial Realty Trust, Inc.

    VALUE SCORE:

    10

    Symbol
    FR
    Market Cap
    6.802B
    Industry
    REIT - Industrial
    Sector
    Real Estate
    FUNDAMENTALS
    P/E
    11.063
    P/S
    5.296
    P/B
    0.808
    Debt/Equity
    0.154
    EV/FCF
    7.609
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    5.957
    Earnings yield
    0.090
    Debt/assets
    0.126
    FUNDAMENTALS
    Net debt/ebidta
    0.844
    Interest coverage
    8.902
    Research And Developement To Revenue
    0
    Intangile to total assets
    0.003
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    0.060
    Debt to market cap
    0.190
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    -1.003
    P/CF
    6.742
    P/FCF
    6.766
    RoA %
    5.958
    RoIC %
    -993.014
    Gross Profit Margin %
    89.876
    Quick Ratio
    0.816
    Current Ratio
    0.816
    Net Profit Margin %
    47.707
    Net-Net
    -11.026
    FUNDAMENTALS PER SHARE
    FCF per share
    8.071
    Revenue per share
    10.310
    Net income per share
    4.918
    Operating cash flow per share
    8.071
    Free cash flow per share
    8.071
    Cash per share
    3.569
    Book value per share
    67.340
    Tangible book value per share
    67.091
    Shareholders equity per share
    67.340
    Interest debt per share
    10.971
    TECHNICAL
    52 weeks high
    136.805
    52 weeks low
    45.440
    Current trading session High
    55.220
    Current trading session Low
    54.150
    DIVIDEND
    Dividend yield
    14.0%
    Payout ratio
    160%
    Years of div. Increase
    8.000
    Years of div.
    9.000
    Q-shift
    1.000
    Dividend per share
    7.600
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    REIT - Industrial
    Dividend yield
    0.052195735%
    Payout Ratio
    125.21195%
    P/E
    24.313
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    REIT - Industrial
    Dividend yield
    0.045585647%
    Payout Ratio
    140.94031%
    P/E
    30.865
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    REIT - Industrial
    Dividend yield
    0.034569398%
    Payout Ratio
    106.33907%
    P/E
    31.073
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    REIT - Industrial
    Dividend yield
    0.040999148%
    Payout Ratio
    127.11465%
    P/E
    28.352
    logo

    Country
    US
    Sector
    Real Estate
    Industry
    REIT - Industrial
    Dividend yield
    0.04095031%
    Payout Ratio
    119.26793%
    P/E
    28.930
    DESCRIPTION

    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.

    NEWS
    https://images.financialmodelingprep.com/news/innovative-industrial-properties-announces-new-100-million-revolving-credit-20251006.jpg
    Innovative Industrial Properties Announces New $100 Million Revolving Credit Facility to Support Strategic Growth

    businesswire.com

    2025-10-06 08:49:00

    SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that it has closed on a new $100 million secured revolving credit facility (“Credit Facility”) with a federally regulated commercial bank. “The successful closing of this credit facility supports our thesis that our recent investment in the life science industry should lead to both improved access to, and lower cost of, capital,” said Alan Gold, Executive Chairman of IIP. “Wi.

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    The Reputable 13.7%-Paying REIT With ‘Prohibition Pricing Power'

    forbes.com

    2025-10-02 11:10:03

    In most US industries, banks help businesses finance their buildings. The lenders also provide working lines of capital for the operations to grow.

    https://images.financialmodelingprep.com/news/innovative-industrial-properties-announces-closing-of-initial-investment-into-iqhq-20251001.jpg
    Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ

    businesswire.com

    2025-10-01 18:23:00

    SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it has closed its initial investment into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform. The initial investment totaled $105 million and was comprised of a $100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the.

    https://images.financialmodelingprep.com/news/innovative-industrial-properties-iipr-exceeds-market-returns-some-facts-20250918.jpg
    Innovative Industrial Properties (IIPR) Exceeds Market Returns: Some Facts to Consider

    zacks.com

    2025-09-18 19:16:07

    Innovative Industrial Properties (IIPR) concluded the recent trading session at $58.26, signifying a +2.77% move from its prior day's close.

    https://images.financialmodelingprep.com/news/innovative-industrial-properties-contrarian-buy-capital-appreciation-prospects-20250917.jpg
    Innovative Industrial Properties: Contrarian Buy, Capital Appreciation Prospects

    seekingalpha.com

    2025-09-17 11:30:20

    IIPR's tenant default issues continue, with FQ2'25 bringing forth impacted rental collections and AFFO per share performance. Given the stable dividend per share payouts, it is unsurprising that the REIT's dividend safety has been called into question, as observed in the inflated AFFO payout ratio of 111%. There is no denying IIPR's extremely cheap FWD Price/AFFO valuations of 8x, compared to the 5Y mean of 15x, with it implying a near doubling of upside potential.

    https://images.financialmodelingprep.com/news/innovative-industrial-buy-the-13-yield-and-its-9-20250915.jpg
    Innovative Industrial: Buy The 13% Yield And Its 9% Preferred Stock Ahead Of Potential Cannabis Rescheduling

    seekingalpha.com

    2025-09-15 05:22:18

    IIPR faces near-term volatility due to tenant defaults, but its exceptionally low leverage provides critical downside protection and flexibility. A potential rescheduling of cannabis is a major catalyst that could improve tenant credit quality and drive a substantial re-rating of the stock. Even if tenant struggles persist, the high dividend yield and strong balance sheet create an attractive risk-reward profile for both common and preferred shares.

    https://images.financialmodelingprep.com/news/innovative-industrial-properties-iipr-surpasses-market-returns-some-facts-20250911.jpg
    Innovative Industrial Properties (IIPR) Surpasses Market Returns: Some Facts Worth Knowing

    zacks.com

    2025-09-11 19:16:11

    Innovative Industrial Properties (IIPR) reached $57.09 at the closing of the latest trading day, reflecting a +1.28% change compared to its last close.

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    seekingalpha.com

    2025-09-05 11:02:28

    REITs are attractive now due to low inflation, expected rate cuts, and technical indicators suggesting a bullish trend with up to 40% upside. This article identifies 12 high-yield REITs (5.25%+), each with strong dividend safety grades, outyielding no-risk treasuries. Dividend safety is paramount, and Seeking Alpha's Quant Ratings indicate these REITs show low risk of cuts, supported by solid debt and payout ratios.

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    Best Ancillary Marijuana Stocks for Investors This Week: REITs and Financing Leaders

    marijuanastocks.com

    2025-09-04 10:00:09

    The U.S. cannabis industry continues to show resilience despite market challenges. In 2024, sales exceeded $33 billion nationwide, and analysts project annual revenues could surpass $50 billion by 2030. Growth is fueled by new state markets, expanding consumer demand, and strong ancillary services. Recently, U.S. lawmakers revisited cannabis reform discussions, signaling renewed potential for federal legalization. Moreover, the Department of Health and Human Services has recommended reclassifying cannabis under the Controlled Substances Act. This development adds optimism for investors. Ancillary stocks, which provide real estate, equipment, and financing, remain essential in this expanding market. Importantly, these businesses avoid plant-touching risks. Therefore, they often present safer exposure to industry growth.

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    5 Top-Yield Dividend Picks To Generate Passive Income Today

    247wallst.com

    2025-08-31 06:35:53

    As noted by CEO Brian Sedrish, “As market activity rebounds, we're seeing more transaction volume and increased demand for financing among borrowers seeking capital for both acquisitions and refinancings.

    https://images.financialmodelingprep.com/news/qingdaos-jiaozhou-accelerates-construction-of-innovative-industrial-system-20250825.jpg
    Qingdao's Jiaozhou Accelerates Construction of Innovative Industrial System

    globenewswire.com

    2025-08-25 08:26:00

    QINGDAO, China, Aug. 25, 2025 (GLOBE NEWSWIRE) -- As the core area of the Shanghai Cooperation Organization (SCO) Demonstration Zone, Jiaozhou, Qingdao boasts a robust manufacturing base and a comprehensive industrial ecosystem. It is home to over 15,000 industrial enterprises, with more than 1,000 above designated size, leading cities of its level in Shandong Province. In 2024, the total output value of its industrial enterprises above designated size exceeded 160 billion yuan.

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    Wall Street Can't Stand This 12%-Yielding Bear Portfolio

    forbes.com

    2025-08-24 08:56:46

    Let's talk about three dividends averaging 12%. I bring them up because everyone on Wall Street hates them.

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    Buy 9 Ideal Safer Dividend Power August Dogs

    seekingalpha.com

    2025-08-21 04:33:53

    I highlight 35 top-yield Dividend Power stocks, focusing on high earnings yield and dividend yield for value and resilience in volatile markets. Nine stocks stand out as 'safer' picks, with free cash flow yields exceeding dividend yields, making them attractive for income-focused investors. Analyst projections suggest potential net gains of 24% to 67% by August 2026 for the top ten picks, though risk and volatility remain.

    https://images.financialmodelingprep.com/news/top-cannabis-reits-to-watch-this-week-for-strong-20250819.jpg
    Top Cannabis REITs to Watch This Week for Strong Dividend Income

    marijuanastocks.com

    2025-08-19 10:00:26

    The cannabis REIT sector continues to attract attention from income-focused investors this week. The US cannabis industry generated nearly $36 billion in legal sales in 2024. Furthermore, analysts project growth to exceed $70 billion by 2030. This expansion creates significant demand for cultivation and retail facilities. Consequently, cannabis REITs provide operators with capital while offering investors reliable income streams. Recently, federal rescheduling news has fueled optimism across the sector. The Department of Health and Human Services recommended moving cannabis to Schedule III. This shift would reduce taxes for operators and improve profitability. As a result, tenant strength may increase, enhancing REIT stability. Therefore, investors are closely monitoring these developments when evaluating opportunities.

    https://images.financialmodelingprep.com/news/reit-replay-us-reit-indexes-grow-during-week-ended-20250818.jpg
    REIT Replay: U.S. REIT Indexes Grow During Week Ended Aug. 15

    seekingalpha.com

    2025-08-18 15:06:00

    The Dow Jones Equity All REIT index grew 0.59% during the recent week, while the MSCI US REIT index increased 0.71%. The healthcare REIT index was the sole Dow Jones US real estate sector property index to close the recent week in the red, down 1.57%. Cannabis-oriented Innovative Industrial Properties Inc. was the top-performing REIT stock above a $200 million market capitalization for the recent week, with a share-price gain of 14.01%.

    https://images.financialmodelingprep.com/news/innovative-industrial-properties-what-if-the-real-estate-value-20250816.jpg
    Innovative Industrial Properties: What If The Real Estate Value Plummets?

    seekingalpha.com

    2025-08-16 11:40:00

    IIPR's preferred shares and 2026 bonds offer 8-9% yields with lower risk than common shares, thanks to their seniority in the capital stack. The company's robust $2.15B real estate portfolio and $100M cash provide strong coverage for both debt and preferred equity obligations. Interest and preferred dividend payments are exceptionally well covered, with low payout ratios even in weaker quarters, ensuring income security.