Innovative Industrial Properties, Inc.

IIPR

US45781V1017

Commercial REITs

Market Closed - Nyse Other stock markets 16:00:02 2024-06-21 EDT			5-day change	1st Jan Change
107.7 ^USD	-0.88%		+1.04%	+6.85%

06-14	Innovative Industrial Properties Lifts Quarterly Dividend 4.4% to $1.90 a Share, Payable July 15 to Holders of Record June 28	MT
06-14	Innovative Industrial Properties, Inc. Declares Second Quarter 2024 Dividends, Payable on July 15, 2024	CI

Innovative Industrial Properties, Inc. acquired Florida Property for $13 million.

June 09, 2024

Innovative Industrial Properties, Inc. (NYSE:IIPR) acquired Florida Property for $13 million on June 10, 2024.

Innovative Industrial Properties, Inc. (NYSE:IIPR) completed the acquisition of of Florida Property on June 10, 2024.

Latest news about Innovative Industrial Properties, Inc.

Innovative Industrial Properties Lifts Quarterly Dividend 4.4% to $1.90 a Share, Payable July 15 to Holders of Record June 28	06-14	MT
Innovative Industrial Properties, Inc. Declares Second Quarter 2024 Dividends, Payable on July 15, 2024	06-14	CI
Innovative Industrial Properties Acquires Florida Property for $13 Million	06-10	MT
Ayr Wellness Inc. Announces Closing of Triple-Net Lease Transaction with Innovative Industrial Properties, Inc	06-10	CI
Innovative IndustrialProperties, Inc. Acquires Florida Property and Expands Long-Term Real Estate Partnership with AYR Wellness	06-10	CI
Innovative Industrial Properties, Inc. acquired Florida Property for $13 million.	06-09	CI
US Government Reclassifies Marijuana to Less-Restrictive Category	05-16	MT
Justice Department Set to Post Cannabis Reclassification Plans	05-16	MT
Transcript : Innovative Industrial Properties, Inc., Q1 2024 Earnings Call, May 09, 2024	05-09
Innovative Industrial Properties Q1 Adjusted Funds From Operations, Revenue Decline	05-09	MT
Earnings Flash (IIPR) INNOVATIVE INDUSTRIAL PROPERTIES Posts Q1 Revenue $75.5M	05-08	MT
Innovative Industrial Properties, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-08	CI
Innovative Industrial Properties Keeps Quarterly Dividend at $1.82 per Share, Payable April 15 to Stockholders as of March 28	03-15	MT
Innovative Industrial Properties, Inc. Declares First Quarter 2024 Dividend, Payable on April 15, 2024	03-15	CI
Piper Sandler Raises Price Target on Innovative Industrial Properties to $103 From $85, Maintains Neutral Rating	02-29	MT
Transcript : Innovative Industrial Properties, Inc., H2 2023 Earnings Call, Feb 27, 2024	02-27
Innovative Industrial Properties Q4 AFFO, Revenue Increase	02-26	MT
Earnings Flash (IIPR) INNOVATIVE INDUSTRIAL PROPERTIES Posts Q4 Revenue $79.2M	02-26	MT
Innovative Industrial Properties, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	02-26	CI
Innovative Industrial Raises Quarterly Dividend to $1.82 a Share From $1.80, Payable Jan.12 to Holders of Record Dec. 29	12-15	MT
Innovative Industrial Properties, Inc. Declares Dividend for the Fourth Quarter 2023, Payable on January 12, 2024	12-15	CI
Innovative Industrial Properties Insider Sold Shares Worth $201,888, According to a Recent SEC Filing	11-15	MT
Piper Sandler Adjusts Price Target on Innovative Industrial Properties to $85 From $80, Maintains Neutral Rating	11-06	MT
Transcript : Innovative Industrial Properties, Inc., Q3 2023 Earnings Call, Nov 02, 2023	11-02
Earnings Flash (IIPR) INNOVATIVE INDUSTRIAL PROPERTIES Reports Q3 Revenue $77.8M	11-01	MT

Chart Innovative Industrial Properties, Inc.

Duration

Period

Chart Innovative Industrial Properties, Inc.

More charts

Company Profile

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. The Company acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately 108 properties comprising 9.0 million square feet (including 722,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP Operating Partnership, LP, Innovative Industrial Properties, LP, IIPR, Inc. and IIP-GP 2 LLC.

Sector

Commercial REITs

Calendar

2024-07-30 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Innovative Industrial Properties, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

107.7 USD

Average target price

125.8 USD

Spread / Average Target

+16.77%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Industrial REITs

	1st Jan change	Capi.
INNOVATIVE INDUSTRIAL PROPERTIES, INC.	+6.85%	3.05B
PROLOGIS, INC.	-17.93%	101B
GOODMAN GROUP	+41.82%	45.19B
REXFORD INDUSTRIAL REALTY, INC.	-20.64%	9.68B
EASTGROUP PROPERTIES, INC.	-8.95%	8.03B
AMERICOLD REALTY TRUST, INC.	-16.25%	7.2B
STAG INDUSTRIAL, INC.	-9.68%	6.46B
FIRST INDUSTRIAL REALTY TRUST, INC.	-10.25%	6.26B
WAREHOUSES DE PAUW SA	-11.37%	6.04B
TERRENO REALTY CORPORATION	-7.52%	5.6B

Industrial REITs