-1.34%
8.15%
-44.21%
-41.31%
-22.70%
-63.64%
-19.47%
AI Spotlight on IIPR
Company 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.
Market Data
| Last Price | 72.07 |
| Change Percentage | -1.34% |
| Open | 72.69 |
| Previous Close | 73.05 |
| Market Cap ( Millions) | 2042 |
| Volume | 138799 |
| Year High | 138.35 |
| Year Low | 62.45 |
| M A 50 | 86.62 |
| M A 200 | 109.53 |
Financial Ratios
| FCF Yield | 12.04% |
| Dividend Yield | 10.42% |
| ROE | 8.37% |
| Debt / Equity | 15.28% |
| Net Debt / EBIDTA | 61.10% |
| Price To Book | 1.05 |
| Price Earnings Ratio | 12.48 |
| Price To FCF | 8.3 |
| Price To sales | 6.57 |
| EV / EBITDA | 8.92 |
News
- 12:00 - IIPR SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Innovative Industrial Properties, Inc. Investors Have Opportunity to Lead Class Action Lawsuit!
- 10:45 - Innovative Industrial Properties, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - IIPR
- 02:45 - NEXTRACKER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Nextracker Inc. - NXT
- 00:03 - ROSEN, NATIONAL TRIAL LAWYERS, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action β IIPR
- Jan -30 - ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - IIPR
- Jan -30 - Investors in Innovative Industrial Properties, Inc. Should Contact Levi & Korsinsky Before March 18, 2025 to Discuss Your Rights β IIPR
- Jan -30 - Levi & Korsinsky Reminds Innovative Industrial Properties, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 18, 2025 - IIPR
- Jan -30 - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innovative Industrial Properties, Inc. and Certain Officers of Class Action Lawsuit and Upcoming Deadlines β IIPR
- Jan -30 - Innovative Industrial Properties, Inc. Is Being Sued For Securities Law Violations And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -30 - Is This Company's Monster 11% Dividend Yield Safe?
- Jan -30 - IIPR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Innovative Industrial Properties, Inc. Investors Have Opportunity to Lead Class Action Lawsuit!
- Jan -30 - IIPR INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Innovative Industrial Properties, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
- Jan -30 - Class Action Filed Against Innovative Industrial Properties, Inc. (IIPR) - March 18, 2025 Deadline to Join - Contact The Gross Law Firm
- Jan -30 - Down 76%, Is Ultra-High-Yield Innovative Industrial Properties a Buy on the Dip?
- Jan -30 - FTAI AVIATION SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against FTAI Aviation Ltd. - FTAI
- Jan -29 - INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Innovative Industrial Properties, Inc. (NYSE: IIPR); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel
- Jan -29 - ROSEN, A RANKED AND LEADING FIRM, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - IIPR
- Jan -29 - Innovative Industrial Properties, Inc. Sued for Securities Law Violations β Investors Should Contact The Gross Law Firm for More Information β IIPR
- Jan -29 - DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innovative Industrial Properties
- Jan -29 - The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Innovative Industrial Properties, Inc.
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental
Expected Growth : 2.5 %
What the company do ?
Rental from Innovative Industrial Properties, Inc. refers to the leasing of industrial properties, primarily for cannabis cultivation and processing, generating rental income.
Why we expect these perspectives ?
Innovative Industrial Properties, Inc.'s 2.5% rental growth is driven by increasing demand for cannabis cultivation and processing facilities, expansion into new states, and rising rents per square foot. Additionally, the company's strategic acquisitions and partnerships with leading cannabis operators contribute to its growth.
Segment nΒ°2 -> Other
Expected Growth : 3.5 %
What the company do ?
The 'Other' segment from Innovative Industrial Properties, Inc. includes investments in non-cannabis industries, such as industrial and commercial properties.
Why we expect these perspectives ?
Innovative Industrial Properties, Inc.'s 3.5% growth is driven by increasing demand for cannabis real estate, strategic acquisitions, and expansion into new markets. The company's unique business model, providing real estate capital to medical cannabis operators, positions it for continued growth as the industry expands.
Innovative Industrial Properties, Inc. Products
| Product Range | What is it ? |
|---|---|
| Cannabis Cultivation Facilities | Innovative Industrial Properties, Inc. provides real estate capital to the regulated cannabis industry, focusing on the cultivation and processing of cannabis. |
| Cannabis Processing and Manufacturing Facilities | IIPR provides specialized facilities for the processing and manufacturing of cannabis products, including edibles, concentrates, and topicals. |
| Cannabis Testing and Laboratory Facilities | IIPR offers specialized facilities for cannabis testing and laboratory services, ensuring compliance with state regulations and providing accurate testing results. |
| Cannabis Retail and Dispensary Facilities | IIPR provides facilities for cannabis retail and dispensary operations, offering a secure and compliant environment for customers. |
Innovative Industrial Properties, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Innovative Industrial Properties, Inc. is medium due to the availability of alternative real estate investment trusts (REITs) and other investment options.
Bargaining Power Of Customers
The bargaining power of customers for Innovative Industrial Properties, Inc. is low due to the specialized nature of cannabis cultivation and the limited number of suppliers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Innovative Industrial Properties, Inc. is medium due to the availability of alternative suppliers and the company's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants for Innovative Industrial Properties, Inc. is high due to the growing demand for cannabis cultivation and the increasing number of new entrants in the market.
Intensity Of Rivalry
The intensity of rivalry for Innovative Industrial Properties, Inc. is high due to the competitive nature of the cannabis industry and the increasing number of competitors.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 13.35% |
| Debt Cost | 6.04% |
| Equity Weight | 86.65% |
| Equity Cost | 11.43% |
| WACC | 10.71% |
| Leverage | 15.41% |
Innovative Industrial Properties, Inc. : Quality Control
Innovative Industrial Properties, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TRNO | Terreno Realty Corporation and together with its subsidiaries, the ΒCompanyΒ) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, β¦ |
| CUBE | CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. β¦ |
| NSA | National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas β¦ |
| STAG | STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of β¦ |
| EGP | EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Innovative Industrial Properties
A-Score
1-Year Total Return ->
π₯
National Storage
A-Score
1-Year Total Return ->
π₯
CubeSmart
A-Score
1-Year Total Return ->
4
EastGroup Properties
A-Score
1-Year Total Return ->
5
Terreno Realty
A-Score
1-Year Total Return ->
6
