Innovative Industrial Properties Inc. logo

Innovative Industrial Properties Inc. (IIPR)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
52. 39
-0.81
-1.5226%
$
1.44B Market Cap
17.01 P/E Ratio
2.25% Div Yield
333,500 Volume
5.76 Eps
$ 53.2
Previous Close
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Day Range
52.22 53.55
Year Range
44.58 65.38
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IIPR's Q4 Earnings Coming Up: Key Factors to Impact the Stock

IIPR's Q4 Earnings Coming Up: Key Factors to Impact the Stock

Innovative Industrial's Q4 performance is likely to have been affected by a decline in contractual rent and property management fees and elevated expenses.

Zacks | 1 year ago
2 Beaten-Down Stocks to Avoid

2 Beaten-Down Stocks to Avoid

It's best to invest in valuable, promising companies when everyone else is ignoring their potential and bidding down their shares. However, blindly putting money into corporations just because they happen to have lagged behind the market is a terrible strategy.

Fool | 1 year ago
Here's Why Innovative Industrial Properties (IIPR) Fell More Than Broader Market

Here's Why Innovative Industrial Properties (IIPR) Fell More Than Broader Market

In the most recent trading session, Innovative Industrial Properties (IIPR) closed at $73.87, indicating a -0.65% shift from the previous trading day.

Zacks | 1 year ago
Innovative Industrial Properties Stock: A Millionaire Maker in the Making?

Innovative Industrial Properties Stock: A Millionaire Maker in the Making?

The big attraction right now with Innovative Industrial Properties (IIPR 0.52%) is likely to be its huge 10%+ dividend yield. That's a really high yield for a real estate investment trust (REIT).

Fool | 1 year ago
Innovative Industrial Properties: Yielding Over 10%, The Valuation Is Substantially De-Risked

Innovative Industrial Properties: Yielding Over 10%, The Valuation Is Substantially De-Risked

Following the recent news of PharmaCann's default, IIPR yields a juicy 10.3%, and the current valuation prices in less than 1% annual growth in perpetuity. The dividend is expected to be covered by FFO, per analysts' forecasts, and the company's 84% AFFO payout ratio means it has room to handle drops in earnings. IIPR recently reached a deal with PharmaCann that helps stabilize things for both companies, although if PharmaCann can't refinance a particular loan by June, there could be trouble.

Seekingalpha | 1 year ago
Why Innovative Industrial Properties (IIPR) Outpaced the Stock Market Today

Why Innovative Industrial Properties (IIPR) Outpaced the Stock Market Today

Innovative Industrial Properties (IIPR) closed at $74.03 in the latest trading session, marking a +0.76% move from the prior day.

Zacks | 1 year ago
Innovative Industrial's Latest Tenant Default: Why the Situation was Never as Dire as It Seemed

Innovative Industrial's Latest Tenant Default: Why the Situation was Never as Dire as It Seemed

Innovative Industrial Properties' (IIPR 2.96%) stock has lost almost half of its value since hitting a 52-week high in October 2024. Wall Street is increasingly worried about the real estate investment trust's (REIT's) strategy.

Fool | 1 year ago
If You'd Invested $5,000 in Innovative Industrial Properties Stock in 2018, Here's How Much You'd Have Today

If You'd Invested $5,000 in Innovative Industrial Properties Stock in 2018, Here's How Much You'd Have Today

Innovative Industrial Properties (IIPR -1.88%) is a standout among marijuana stocks. Unlike a great many other publicly traded companies in the weed industry, the cannabis-focused real estate investment trust's (REIT) shares have actually appreciated in price over the years.

Fool | 1 year ago
Innovative Industrial Properties (IIPR) Declines More Than Market: Some Information for Investors

Innovative Industrial Properties (IIPR) Declines More Than Market: Some Information for Investors

In the closing of the recent trading day, Innovative Industrial Properties (IIPR) stood at $71.68, denoting a -1.88% change from the preceding trading day.

Zacks | 1 year ago
Is This Company's Monster 11% Dividend Yield Safe?

Is This Company's Monster 11% Dividend Yield Safe?

When investing in dividend stocks, opting for high yields can be a seductive strategy. However, a high yield means little if a company cannot sustain it and is, eventually, forced to slash its payouts.

Fool | 1 year ago
Down 76%, Is Ultra-High-Yield Innovative Industrial Properties a Buy on the Dip?

Down 76%, Is Ultra-High-Yield Innovative Industrial Properties a Buy on the Dip?

Investors seeking a source of income that grows may have noticed a stock with some exciting features. Innovative Industrial Properties (IIPR -2.60%) has raised its payout by about 1,170% since it began offering a dividend in 2017.

Fool | 1 year ago
Is IIPR Stock a Buy, Hold or Sell After Its 49% Plunge in 3 Months?

Is IIPR Stock a Buy, Hold or Sell After Its 49% Plunge in 3 Months?

The past few months have been challenging for the cannabis REIT, Innovative Industrial Properties, Inc. IIPR, as it has faced every landlord's worst-case scenario. One of its top tenants defaulted on a set of its leases, resulting in IIPR shares plunging 49.1% over the past three months, significantly underperforming the Zacks REIT and Equity Trust - Other industry and the S&P 500 composite.

Zacks | 1 year ago
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