Innovative Industrial Properties, Inc.
General ticker "IIPR" information:
- Sector: Real Estate
- Industry: Industrial REITs
- Capitalization: $1.8B (TTM average)
Innovative Industrial Properties, Inc. does not follow the US Stock Market performance with the rate: -1.4%.
Estimated limits based on current volatility of 1.4%: low 50.42$, high 51.88$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-09-30, amount 1.90$ (Y14.94%)
- Total employees count: 22 as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Unfavorable market conditions, Tenant payment risks, Diversification risks, Asset impairment, Development risks
- Current price 35.8% below estimated low
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [75.75$, 111.46$]
- 2024-12-30 to 2025-12-30 estimated range: [79.29$, 117.69$]
Financial Metrics affecting the IIPR estimates:
- Negative: with PPE of 11.1 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 56.41 > 18.64
- Positive: 6.82 < Operating cash flow per share per price, % of 9.05
- Positive: Return on assets ratio (scaled to [-100,100]) of 6.48 > 6.04
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Interest expense per share per price, % of 0.62 <= 0.79
- Positive: Shareholder equity ratio, % of 81.68 > 63.39
- Positive: Industry operating profit margin (median), % of 46.90 > 9.92
- Positive: Investing cash flow per share per price, % of -0.24 > -0.66
Short-term IIPR quotes
Long-term IIPR plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $204.55MM | $276.36MM | $309.51MM |
| Operating Expenses | $69.18MM | $106.74MM | $134.92MM |
| Operating Income | $135.37MM | $169.62MM | $174.59MM |
| Non-Operating Income | $-21.38MM | $-11.63MM | $-9.00MM |
| Interest Expense | $18.09MM | $18.30MM | $17.47MM |
| Income(Loss) | $113.99MM | $157.99MM | $165.59MM |
| Profit(Loss)* | $113.99MM | $157.99MM | $165.59MM |
| Stockholders Equity | $1,611.70MM | $1,961.89MM | $1,952.97MM |
| Assets | $2,084.60MM | $2,414.84MM | $2,391.09MM |
| Operating Cash Flow | $188.75MM | $234.13MM | $255.54MM |
| Capital expenditure | $0.00MM | $373.88MM | $0.00MM |
| Investing Cash Flow | $-384.09MM | $-396.20MM | $-6.79MM |
| Financing Cash Flow | $155.76MM | $164.22MM | $-195.63MM |
| Earnings Per Share** | $4.77 | $5.78 | $5.92 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.