Innovative Industrial Properties is a reit - industrial business based in the US. Innovative Industrial Properties shares (IIPR) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $106.20 – an increase of 3.05% over the previous week. Innovative Industrial Properties employs 22 staff and has a trailing 12-month revenue of around $310.9 million.
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| Latest market close | $106.20 |
|---|---|
| 52-week range | $72.84 - $136.81 |
| 50-day moving average | $128.68 |
| 200-day moving average | $112.00 |
| Wall St. target price | $135.40 |
| PE ratio | 18.4439 |
| Dividend yield | $7.44 (7.35%) |
| Earnings per share (TTM) | $5.61 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $106.2 from 2024-11-19
| 1 week (2024-11-14) | 2.64% |
|---|---|
| 1 month (2024-10-21) | -18.87% |
| 3 months (2024-08-20) | -11.16% |
| 6 months (2024-05-21) | -5.63% |
| 1 year (2023-11-21) | 33.85% |
|---|---|
| 2 years (2022-11-21) | 10.77% |
| 3 years (2021-11-19) | 224.1085 |
| 5 years (2019-11-21) | 76.09% |
Valuing Innovative Industrial Properties stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Innovative Industrial Properties's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Innovative Industrial Properties's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Innovative Industrial Properties shares trade at around 18x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Innovative Industrial Properties's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $246 million.
The EBITDA is a measure of a Innovative Industrial Properties's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $310.9 million |
|---|---|
| Operating margin TTM | 54.83% |
| Gross profit TTM | $265.8 million |
| Return on assets TTM | 4.6% |
| Return on equity TTM | 8.38% |
| Profit margin | 52.51% |
| Book value | $67.87 |
| Market Capitalization | $2.9 billion |
TTM: trailing 12 months
Dividend payout ratio: 134.78% of net profits
Recently Innovative Industrial Properties has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Innovative Industrial Properties shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Innovative Industrial Properties's case, that would currently equate to about $7.44 per share.
Innovative Industrial Properties's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Innovative Industrial Properties's most recent dividend payout was on 14 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 September 2024 (the "ex-dividend date").
Over the last 12 months, Innovative Industrial Properties's shares have ranged in value from as little as $72.8375 up to $136.805. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Innovative Industrial Properties's is 1.387. This would suggest that Innovative Industrial Properties's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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 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. .
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