Innovative Industrial Properties Inc
General ticker "IIPR" information:
- Sector: Real Estate
- Industry: Industrial REITs
- Capitalization: $2.9B
Innovative Industrial Properties Inc follows the US Stock Market performance with the rate: 38.6%.
Estimated limits based on current volatility of 2.5%: low 71.07$, high 75.79$
Factors to consider:
- Company pays dividends: last record date 2024-09-30, amount 1.90$ (Y10.79%)
- Company does not operate outside North America (retrieved using AI)
- Current price 11.2% below estimated low
- Earnings for 9 months up through Q3 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: [79.33$, 121.91$]
- 2024-12-30 to 2025-12-30 estimated range: [89.37$, 134.71$]
Financial Metrics affecting the IIPR estimates:
- Positive: Non-GAAP EPS, $ of 9.08 > 2.29
- Negative: Inventory ratio change, % of 17.52 > 1.08
- Negative: Industry operating cash flow per share per price (median), % of 5.20 <= 6.94
- Positive: Operating profit margin, % of 56.41 > 19.51
- Negative: 0 < Industry inventory ratio change (median), % of 0.05
- Negative: Industry earnings per price (median), % of 5.48 <= 5.96
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 6.48
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 | $16.10MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| 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 | $374.54MM | $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* | $4.69 | $5.57 | $5.82 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.