IIPR Innovative Industrial Properties Inc

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

Price (delayed)

$55.99

Market cap

$1.54B

P/E Ratio

12.47

Dividend/share

$7.6

EPS

$4.49

Enterprise value

$1.55B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 76

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated ...

Highlights
The debt has declined by 40% since the previous quarter and by 26% year-on-year
The stock's price to earnings (P/E) is 39% less than its 5-year quarterly average of 20.4
IIPR's EPS is up by 13% since the previous quarter but it is down by 3.9% year-on-year
The gross profit has declined by 10% year-on-year
Innovative Industrial Properties's revenue has decreased by 8% 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
-2.68%
1 week
-5.36%
1 month
-12.13%
1 year
5.26%
YTD
18.22%
QTD
-9.66%

Financial performance

How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$263.65M
Gross profit
$232.95M
Operating income
$123.67M
Net income
$137.81M
Gross margin
88.4%
Net margin
52.3%
The operating income has declined by 18% year-on-year
The net margin is up by 15% since the previous quarter and by 10% year-on-year
IIPR's net income is up by 15% from the previous quarter
Innovative Industrial Properties's operating margin has decreased by 10% YoY

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
12.47
P/B
0.87
P/S
6.04
EV/EBIT
9.49
EV/EBITDA
6.52
EV/Sales
5.9
The stock's price to earnings (P/E) is 39% less than its 5-year quarterly average of 20.4
IIPR's EPS is up by 13% since the previous quarter but it is down by 3.9% year-on-year
IIPR's P/B is 42% below its 5-year quarterly average of 1.5 but 9% above its last 4 quarters average of 0.8
Innovative Industrial Properties's equity has decreased by 2.3% QoQ
The stock's price to sales (P/S) is 44% less than its 5-year quarterly average of 10.8 but 8% more than its last 4 quarters average of 5.6
Innovative Industrial Properties's revenue has decreased by 8% YoY

Efficiency

How efficient is Innovative Industrial Properties business performance
IIPR's return on sales is up by 15% year-on-year and by 15% since the previous quarter
The return on equity is up by 15% since the previous quarter
IIPR's return on invested capital is up by 15% since the previous quarter
Innovative Industrial Properties's ROA has increased by 10% from the previous quarter but it has decreased by 5% YoY

Dividends

What is IIPR's dividend history
Dividend details
DPS
$7.6
Dividend yield
13.57%
Payout ratio
169.3%
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 soared by 72% YoY and by 46% from the previous quarter
Innovative Industrial Properties's total assets has increased by 12% YoY and by 8% QoQ
The debt is 88% smaller than the equity
The debt has declined by 40% since the previous quarter and by 26% year-on-year
The company's debt to equity fell by 37% QoQ and by 25% YoY

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