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IIPR Innovative Industrial Properties Inc
- Stocks
- Real Estate
- NYSE: IIPR
Price (delayed)
$52.48
Market cap
$1.47B
P/E Ratio
10
Dividend/share
$7.6
EPS
$5.25
Enterprise value
$1.64B
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis
Highlights
The stock's price to earnings (P/E) is 65% less than its 5-year quarterly average of 28.3 and 39% less than its last 4 quarters average of 16.3
The debt has declined by 3.1% since the previous quarter and by 2.8% year-on-year
IIPR's EPS is down by 9% year-on-year and by 6% since the previous quarter
IIPR's net income is down by 6% YoY and by 5% from the previous quarter
Sector: Real Estate
Industry: REIT - Industrial
Key stats
What are the main financial stats of IIPR
Market
Valuations
Earnings
Shares outstanding
28.01M
Market cap
$1.47B
Enterprise value
$1.64B
Price to earnings (P/E)
10
Price to book (P/B)
0.77
Price to sales (P/S)
4.87
EV/EBIT
9.59
EV/EBITDA
6.75
EV/Sales
5.38
Revenue
$304.79M
Gross profit
$275.64M
Operating income
$167.25M
Net income
$153.31M
EBIT
$171.09M
EBITDA
$243.14M
Free cash flow
$168.08M
Per share
Balance sheet
Liquidity
EPS
$5.25
EPS diluted
$5.2
Free cash flow per share
$5.94
Book value per share
$67.84
Revenue per share
$10.78
TBVPS
$82.95
Total assets
$2.35B
Total liabilities
$430.42M
Debt
$298.51M
Equity
$1.92B
Working capital
N/A
Debt to equity
0.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.7
Margins
Efficiency
Dividend
EBITDA margin
79.8%
Gross margin
90.4%
Net margin
50.3%
Operating margin
54.9%
Return on assets
6.4%
Return on equity
7.8%
Return on invested capital
6.7%
Return on capital employed
N/A
Return on sales
56.1%
Dividend yield
14.48%
DPS
$7.6
Payout ratio
144.8%
IIPR stock price
How has the Innovative Industrial Properties stock price performed over time
Intraday
0.36%
1 week
-6.47%
1 month
-9.35%
1 year
-55.45%
YTD
-21.25%
QTD
-4.96%
Financial performance
How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$304.79M
Gross profit
$275.64M
Operating income
$167.25M
Net income
$153.31M
Gross margin
90.4%
Net margin
50.3%
IIPR's net income is down by 6% YoY and by 5% from the previous quarter
The net margin has declined by 5% year-on-year and by 4% since the previous quarter
The gross profit has declined by 2.6% year-on-year
The operating income has declined by 3.5% year-on-year and by 2.6% since the previous quarter
Price vs fundamentals
How does IIPR's price correlate with its fundamentals
Growth
What is Innovative Industrial Properties's growth rate over time
Valuation
What is Innovative Industrial Properties stock price valuation
P/E
10
P/B
0.77
P/S
4.87
EV/EBIT
9.59
EV/EBITDA
6.75
EV/Sales
5.38
The stock's price to earnings (P/E) is 65% less than its 5-year quarterly average of 28.3 and 39% less than its last 4 quarters average of 16.3
IIPR's EPS is down by 9% year-on-year and by 6% since the previous quarter
IIPR's P/B is 62% below its 5-year quarterly average of 2.0 and 41% below its last 4 quarters average of 1.3
The stock's price to sales (P/S) is 70% less than its 5-year quarterly average of 16.1 and 41% less than its last 4 quarters average of 8.3
Efficiency
How efficient is Innovative Industrial Properties business performance
The return on equity has declined by 6% year-on-year and by 4.9% since the previous quarter
Innovative Industrial Properties's ROA has decreased by 6% YoY and by 4.5% from the previous quarter
IIPR's return on invested capital is down by 4.3% since the previous quarter and by 4.3% year-on-year
IIPR's return on sales is down by 4.4% year-on-year and by 3.4% since the previous quarter
Dividends
What is IIPR's dividend history
DPS
$7.6
Dividend yield
14.48%
Payout ratio
144.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Innovative Industrial Properties financials performed over time
Innovative Industrial Properties's total liabilities has decreased by 3.1% YoY and by 2.6% from the previous quarter
The debt is 84% smaller than the equity
The debt has declined by 3.1% since the previous quarter and by 2.8% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.