IIPR 📈 Innovative Industrial - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US45781V1017
IIPR: Cannabis, Facilities, Properties, Real Estate
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. Web URL: https://www.innovativeindustrialproperties.com
Additional Sources for IIPR Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
IIPR Stock Overview
| Market Cap in USD | 2,003m |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| GiC Sub-Industry | Industrial REITs |
| IPO / Inception | 2016-12-01 |
IIPR Stock Ratings
| Growth 5y | 12.7% |
| Fundamental | 56.6% |
| Dividend | 83.8% |
| Rel. Strength Industry | -439 |
| Analysts | 3.63/5 |
| Fair Price Momentum | 64.02 USD |
| Fair Price DCF | 202.64 USD |
IIPR Dividends
| Dividend Yield 12m | 8.26% |
| Yield on Cost 5y | 9.75% |
| Annual Growth 5y | 4.69% |
| Payout Consistency | 97.5% |
IIPR Growth Ratios
| Growth Correlation 3m | -86.8% |
| Growth Correlation 12m | 59.6% |
| Growth Correlation 5y | -7% |
| CAGR 5y | 3.36% |
| CAGR/Mean DD 5y | 0.09 |
| Sharpe Ratio 12m | -0.60 |
| Alpha | -61.90 |
| Beta | 1.48 |
| Volatility | 72.55% |
| Current Volume | 240.9k |
| Average Volume 20d | 493.9k |
What is the price of IIPR stocks?
As of January 04, 2025, the stock is trading at USD 68.06 with a total of 240,904 shares traded.
Over the past week, the price has changed by +2.83%, over one month by -34.83%, over three months by -46.93% and over the past year by -24.13%.
As of January 04, 2025, the stock is trading at USD 68.06 with a total of 240,904 shares traded.
Over the past week, the price has changed by +2.83%, over one month by -34.83%, over three months by -46.93% and over the past year by -24.13%.
Is Innovative Industrial a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Innovative Industrial (NYSE:IIPR) is currently (January 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 56.59 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IIPR as of January 2025 is 64.02. This means that IIPR is currently overvalued and has a potential downside of -5.94%.
Partly, yes. Based on ValueRay Fundamental Analyses, Innovative Industrial (NYSE:IIPR) is currently (January 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 56.59 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IIPR as of January 2025 is 64.02. This means that IIPR is currently overvalued and has a potential downside of -5.94%.
Is IIPR a buy, sell or hold?
Innovative Industrial has received a consensus analysts rating of 3.63. Therefor, it is recommend to hold IIPR.
Innovative Industrial has received a consensus analysts rating of 3.63. Therefor, it is recommend to hold IIPR.
- Strong Buy: 2
- Buy: 1
- Hold: 5
- Sell: 0
- Strong Sell: 0
What are the forecast for IIPR stock price target?
According to ValueRays Forecast Model, IIPR Innovative Industrial will be worth about 71.6 in January 2026. The stock is currently trading at 68.06. This means that the stock has a potential upside of +5.19%.
According to ValueRays Forecast Model, IIPR Innovative Industrial will be worth about 71.6 in January 2026. The stock is currently trading at 68.06. This means that the stock has a potential upside of +5.19%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 109.5 | 60.9% |
| Analysts Target Price | 108.8 | 59.9% |
| ValueRay Target Price | 71.6 | 5.2% |