IIPR Innovative Industrial Properties Inc

  1. Stocks
  2. Real Estate
  3. NYSE: IIPR

Price (delayed)

$63.36

Market cap

$1.82B

P/E Ratio

15.96

Dividend/share

$7.6

EPS

$3.97

Enterprise value

$2.1B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 71

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
Innovative Industrial Properties's equity has increased by 2.5% QoQ
The stock's price to earnings (P/E) is 31% more than its last 4 quarters average of 12.2 but 23% less than its 5-year quarterly average of 20.7
The debt is up by 23% year-on-year but it has declined by 7% since the previous quarter
IIPR's EPS is down by 24% year-on-year
IIPR's net income is down by 22% YoY
Sector: Real Estate
Industry: REIT - Industrial
Website: http://www.innovativeindustrialproperties.com

Key stats

What are the main financial stats of IIPR

IIPR stock price

How has the Innovative Industrial Properties stock price performed over time
Intraday
1.05%
1 week
3.6%
1 month
9.34%
1 year
11.02%
YTD
33.78%
QTD
2.23%

Financial performance

How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$263.23M
Gross profit
$232.86M
Operating income
$122.97M
Net income
$119.98M
Gross margin
88.5%
Net margin
45.6%
The operating income has declined by 26% year-on-year and by 3.9% since the previous quarter
IIPR's net income is down by 22% YoY
The gross profit has declined by 16% year-on-year
Innovative Industrial Properties's operating margin has decreased by 15% YoY and by 2.9% from 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
IIPR P/E details
P/E
15.96
P/B
0.94
P/S
6.74
EV/EBIT
14.78
EV/EBITDA
9.71
EV/Sales
7.98
The stock's price to earnings (P/E) is 31% more than its last 4 quarters average of 12.2 but 23% less than its 5-year quarterly average of 20.7
IIPR's EPS is down by 24% year-on-year
IIPR's P/B is 41% below its 5-year quarterly average of 1.6 but 18% above its last 4 quarters average of 0.8
Innovative Industrial Properties's equity has increased by 2.5% QoQ
The stock's price to sales (P/S) is 39% less than its 5-year quarterly average of 11.1 but 27% more than its last 4 quarters average of 5.3
Innovative Industrial Properties's revenue has decreased by 14% YoY

Efficiency

How efficient is Innovative Industrial Properties business performance
Innovative Industrial Properties's ROA has decreased by 23% YoY
The return on equity has declined by 22% year-on-year
IIPR's return on invested capital is down by 19% year-on-year
IIPR's return on sales is down by 3.7% year-on-year but it is up by 3.6% since the previous quarter

Dividends

What is IIPR's dividend history
Dividend details
DPS
$7.6
Dividend yield
11.99%
Payout ratio
191.4%
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 increased by 16% YoY but it has decreased by 4.5% from the previous quarter
The debt is 81% smaller than the equity
The debt is up by 23% year-on-year but it has declined by 7% since the previous quarter
The company's debt to equity rose by 19% YoY but it fell by 10% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.