IIPR Innovative Industrial Properties Inc
- Stocks
- Real Estate
- NYSE: IIPR
Price (delayed)
$45.83
Market cap
$1.28B
P/E Ratio
9.81
Dividend/share
$7.6
EPS
$4.67
Enterprise value
$1.48B
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 64% less than its 5-year quarterly average of 27.4 and 32% less than its last 4 quarters average of 14.5
The debt has declined by 3% year-on-year
IIPR's EPS is down by 19% year-on-year and by 11% since the previous quarter
IIPR's net income is down by 17% YoY and by 10% 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
28.02M
Market cap
$1.28B
Enterprise value
$1.48B
Price to earnings (P/E)
9.81
Price to book (P/B)
0.68
Price to sales (P/S)
4.45
EV/EBIT
9.53
EV/EBITDA
6.48
EV/Sales
5.14
Revenue
$287.88M
Gross profit
$258.74M
Operating income
$150.35M
Net income
$137.34M
EBIT
$155.25M
EBITDA
$228.32M
Free cash flow
$170.98M
Per share
Balance sheet
Liquidity
EPS
$4.67
EPS diluted
$4.62
Free cash flow per share
$6.12
Book value per share
$67.13
Revenue per share
$10.31
TBVPS
$82.3
Total assets
$2.31B
Total liabilities
$424.65M
Debt
$295.51M
Equity
$1.88B
Working capital
N/A
Debt to equity
0.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.86
Margins
Efficiency
Dividend
EBITDA margin
79.3%
Gross margin
89.9%
Net margin
47.7%
Operating margin
52.2%
Return on assets
5.7%
Return on equity
7%
Return on invested capital
6.2%
Return on capital employed
N/A
Return on sales
53.9%
Dividend yield
16.58%
DPS
$7.6
Payout ratio
144.8%
IIPR stock price
How has the Innovative Industrial Properties stock price performed over time
Intraday
-0.59%
1 week
-10.78%
1 month
-17.38%
1 year
-60.12%
YTD
-31.23%
QTD
-17%
Financial performance
How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$287.88M
Gross profit
$258.74M
Operating income
$150.35M
Net income
$137.34M
Gross margin
89.9%
Net margin
47.7%
IIPR's net income is down by 17% YoY and by 10% from the previous quarter
The operating income has declined by 14% year-on-year and by 10% since the previous quarter
The gross profit has declined by 9% year-on-year and by 6% since the previous quarter
The net margin has declined by 9% year-on-year and by 5% 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
9.81
P/B
0.68
P/S
4.45
EV/EBIT
9.53
EV/EBITDA
6.48
EV/Sales
5.14
The stock's price to earnings (P/E) is 64% less than its 5-year quarterly average of 27.4 and 32% less than its last 4 quarters average of 14.5
IIPR's EPS is down by 19% year-on-year and by 11% since the previous quarter
IIPR's P/B is 64% below its 5-year quarterly average of 1.9 and 38% below its last 4 quarters average of 1.1
Innovative Industrial Properties's equity has decreased by 3.4% YoY and by 2.2% QoQ
The stock's price to sales (P/S) is 71% less than its 5-year quarterly average of 15.6 and 38% less than its last 4 quarters average of 7.2
Innovative Industrial Properties's revenue has decreased by 8% YoY and by 6% from the previous quarter
Efficiency
How efficient is Innovative Industrial Properties business performance
The return on equity has declined by 17% year-on-year and by 10% since the previous quarter
Innovative Industrial Properties's ROA has decreased by 16% YoY and by 11% from the previous quarter
IIPR's return on invested capital is down by 13% year-on-year and by 7% since the previous quarter
IIPR's return on sales is down by 7% year-on-year and by 3.9% since the previous quarter
Dividends
What is IIPR's dividend history
DPS
$7.6
Dividend yield
16.58%
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 2.8% YoY
Innovative Industrial Properties's total assets has decreased by 3.3% YoY and by 2% QoQ
The debt is 84% smaller than the equity
The debt has declined by 3% year-on-year
Innovative Industrial Properties's equity has decreased by 3.4% YoY and by 2.2% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.