Innovative Industrial Properties, Inc. At the. 08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19. In detail, IIPR is acquiring approximately 92. The Motley Fool. 32, and AFFO rose from $1. 18. While no one is sure what will happen near-term with the cannabis sector, IIPR is still. 15. Innovative Industrial Properties is down about 61%, while Cresco and Trulieve stock prices fell more than 70%. 1%, which is absurd when you consider the dividend growth track record and potential future. These three cannabis stocks could eventually rally to higher highs. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $2. For instance, if you were farsighted enough to invest in Innovative Industrial Properties (IIPR 2. 6% to. IIPR Innovative Industrial is falling or rising technical reasons . P. 51% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator. marketbeat. IIPR is expected to report fourth-quarter and full-year 2022 results on Feb 27 after. 68%) has had a wild year. 15%. . Get the latest Innovative Industrial Properties Inc (IIPR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment. 6% annually over the next 2 years while the sector's median dividend growth is expected to be only around 8. The average IIPR stock target price of $158 suggests nearly 37% upside potential. Johnson & Johnson. But when you overlay the REIT index with IIPR stock, there’s strong parallel movement between the two. Volume today is elevated. Conclude why IIPR could deliver significant returns even under a potential revenue deceleration scenario;. 02. The vast. Full. 69 a share. 48, or 2. Image source: The Motley Fool. Still, the stock's recent pullback is a good buying opportunity for new investors. IIPR Stock Valuation and Price Target Unlike most NNN REITs, IIPR has delivered rapid growth more resembling a tech company than a real estate landlord. Innovative Industrial Properties, Inc. But the bottom might finally be in for this small-cap REIT. 67 (2. 3 REITs With Over 7% Dividend Yields And Huge Gains In The Past Month. 55, moving +1. 00. 06 from the previous closing price of $92. 8 per share that represents a 9. 02, marking a -1. 80 per Common Share Contributes to Aggregate of $7. cannabis sector. 47 from the previous closing price of $92. Innovative Industrial Properties (IIPR) closed at $75. It has also. 3% from the stock's current price. Innovative Industrial Properties (IIPR) closed the most recent trading day at $88. The stock outpaced the S&P 500's daily loss of 0. S. Given the current short-term trend, the stock is expected to fall -9. 89%. 12. (NYSE:IIPR) Stock Holdings Trimmed by Gerber Kawasaki Wealth & Investment Management. Innovative Industrial Properties ( IIPR 2. PRA stock price and news, along with industry-best analysis. 's (NYSE:IIPR) value has dropped 5. If more cannabis businesses. Even if. 29, or -3. 4% dividend yield. Besides, the duo will partner on the development of 324,000. With shares trading at just 10-times earnings, this stock. if you shorted IIPR on 4/18/22 for about $163 SH. 7% from the previous trading session. 83% as of 11:57 AM on Friday, Jan 20. This has allowed IIPR stock to be one of the biggest winners in the cannabis industry so far. The company also. 13%), a provider of growing facilities for medical marijuana producers, fell 24. 5% per year. 廣告IIPR stock, innovative industrial properties is a REIT with significant upside potential. See more132% Rule Breakers High-growth Stocks 239% Free Article IIPR's Stock Price Plunged 22% -- Is it Still a Buy? By Liz Brumer-Smith – Mar 22, 2022 at 8:13AM. cannabis. October 2, 2023 at 6:15 PM · 3 min read Innovative Industrial Properties (IIPR) closed at $74. In the latest trading session, Innovative Industrial Properties (IIPR) closed at $68. 13 buy point from a three-weeks-tight pattern. Included in this plunge was Innovative Industrial Properties ( IIPR - Get Rating ), which. Innovative Industrial Properties stock just fell dramatically when the REIT announced operating results. IIPR's return is nearly. Innovative Industrial Properties Inc (IIPR) stock is trading at $92. This change outpaced the S&P 500's 0. Our two-year price target for IIPR is $382. Volume today is 182,926 compared to average volume of 205,534. IIPR At A Glance (IIPR) A core strength of Innovative is that they are far and away the largest of companies in this space with a market cap of over $2 billion and enterprise value approaching $2. Innovative Industrial Properties (IIPR) has been one of the stocks most watched by Zacks. It is never fun to watch the price of your holdings go down, but volatility is the price of admission in the stock market. This development will increase its costs and impact its. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall. 7% to 4,357. 61 on the stock market today. Among that is what has Innovative Industrial Properties (NYSE: IIPR) stock falling, why hydrogen stocks are heading lower, as well as what’s behind the rally of United Maritime Corporation. 08% from the previous trading session. 33% from the previous trading session. By buying indoor cultivation space from marijuana companies. The company is set to announce its earnings results on August 7. 2% from the previous closing price of $182. Zacks Equity Research. This is a business that started from zero only a few years ago. 30 and could see higher highs. In this video I talk about what will happen next with IIPR stock a. May. Revenue growth is expected to be mid single-digits as advertising dollars will be pared back by corporations due to fall out from the. . 9% per annum. 30 as of 1:19 PM on Wednesday, Jul 1, a rise of $4. (IIPR) stock is trading at $182. 65 -1. S. (NYSE: IIPR) is a robust cannabis Real Estate Investment Trust that has carved a niche in thriving legalized states. 6% to. 26, 2020 at 4:29 p. Specifically, Exxon Mobil (NYSE: XOM) is down 5. Summary. 30 and could see higher highs. 37 50-Day Range $69. (IIPR) 22 Comments Juxtaposed Ideas 8. IIPR stock is up 397% over the last 5 years but actually returned even more if you include dividend payments in the total return. Find the latest Innovative Industrial Properties, Inc. The company in April. The company is still in growth mode and tied to an exciting new market, but investors may be ready for a breather. What's Happening With IIPR Stock Today? Innovative Industrial Properties Inc (IIPR) stock is trading at $182. The 5 analysts offering 12-month price forecasts for Innovative Industrial Properties Inc have a median target of 85. com - September 13 at 4:17 AM. The market has been avoiding cannabis stocks because of excess supply in. 73 in the next year. Further, the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA: XOP) is down 8. Innovative Industrial Properties ( NYSE: IIPR) is a specialized REIT that has seen its shares come crashing down over the last year. 90 -0. 83 1. m. Shares of UnitedHealth Group ( UNH 0. Meanwhile, as of Wednesday’s mid-morning trading session, IIPR stock is trading lower on the day by 0. Specifically, to demonstrate robust financial health with a 10% year-over-year revenue increase, solid net income growth and. Innovative Industrial Properties, Inc. (Motley Fool) Innovative Industrial Properties, Inc. Innovative Industrial Properties (NYSE:IIPR) is not a cannabis stock per se. IIPR stock fell 6% to 207 after hours in the stock market today. SAN DIEGO, January 19, 2023--Innovative Industrial Properties, Inc. Innovative Industrial Properties Inc (IIPR) stock is down 0. President Biden's recent move to decriminalize federal convictions of simple marijuana possession likely helped spur a liftoff in IIPR stock, as short interest as a percentage of its float reached. Mar 19, 2020. Innovative Industrial Properties ( IIPR ): An oversold, attractive REIT with a 10% yield. The stock's a buy even with slower growth. The market has been down on Innovative Industrial Properties Inc (IIPR) stock recently. Innovative Industrial Properties (IIPR) has received quite a bit of attention from Zacks. During this time, the REIT tumbled from around $240 per share to as. Lemonade is a one-time fintech wonder that has fallen on hard times of late. Analysts anticipate more growth. kmatija. Innovative Industrial Properties's earnings are forecast to decline at 0. 32 (+7. 18, indicating a good swim trunk fit. As a result of the defaults, IIPR stock is down more than 20% since mid-January. By Aaron Missere. On this news, the price of IIPR stock fell more than 7% to close at $169. 94%. Investor FAQs. Summary. Eric Volkman has no position in any of the stocks mentioned. That kind of growth rate is similar to what traditional net lease peers report in the. Regarding dividend coverage, for Fiscal 2023, Wall Street expects the company to achieve AFFO/share of roughly $8. On average, they are forecasting that the company's top line will rise to $1. But the bottom might finally be in for this small-cap REIT. View daily, weekly or monthly format back to when Innovative Industrial Properties, Inc. At the start of trading on Friday, the stock had made up a little ground but was still sitting with a 13. For example, the recent IIPR share price of $68. Market Cap. When consumer prices first began spiking last year, both the Federal Reserve and investors were unperturbed. On average, they anticipate the company's stock price to reach $109. Series A stock information by Barron's. 73%. Over the last five years, Innovative Industrial Properties ( IIPR 0. Innovative Industrial Properties is a cannabis REIT with a stock trading at a 7. Securities. Stocks: Real-time U. Investors frequently choose between dividend growth and current income, but. 28, or 4. The safety that IIP's stock once offered investors is long gone. 50. 69 (business) days IIPR was below $79. EPS is expected to decline by 1. Yet, with shares. Today, in the low $90s, the REIT offers a dividend yield of 7. 8M making its interest coverage ratio. Hexo stock has a weak 3 Composite Rating. 22, but there could still be a solid upside left in the stock. Late last week, another shareholder filed suit in Maryland against cannabis real estate investment trust Innovative Industrial Properties (IIP) (NYSE: IIPR) for failing to be truthful to investors about its business dealings with Kings Garden. Wall Street Thinks This 10. But IIPR is no longer the only publicly traded REIT in the medical marijuana. I think it will fall much further as time goes on. If you had invested in Innovative Industrial Properties stock at $19. The S&P 500 fell 1. 99 in the latest trading session, marking a -1. 2 Wall Street analysts covering (NYSE: IIPR) stock is to Hold IIPR stock. Still, it. The stock prices of its tenants have plunged. com - September 13 at 4:17 AM. 5 million. Their IIPR share price targets range from $80. Let's explore whether Innovative stock is a good buy or a dangerous falling knife investors should avoid. General stock market volatility and growing concern over cannabis legalization has put IIPR on sale. IIPR's avg. 10 in dividends, for a dividend payout ratio of 84%. 3%. 00 and a low estimate of. Rather than investing in a singular stock that cultivates or distributes marijuana-related products directly,. Innovative Industrial Properties (IIPR) Registers a Bigger Fall Than the Market: Important Facts to Note. 9x, which is cheaper than big brother IIPR's valuation, despite superior growth prospects. The common stock dividends declared for the last twelve months of $7. 80 per share, reflecting an increase of 25% over dividends. Near its 52-week low, it's. 13%). 82% move from the prior day. Innovative Industrial Properties's earnings are forecast to decline at 0. IIPR paid a quarterly dividend of $1. IIPR receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator. Innovative Industrial Properties, Inc. ET. Innovative Industrial Properties ( IIPR -2. Today's Change (7. As they say, "The way to catch a falling dagger is instead to catch many plastic knives". So if we consider whether. Innovative Industrial Properties, Inc. 01 in the past 12. In addition, the company generated a net income of $11. (IIPR) stock is trading at $189. Mike Tyson will be joining our lineup in our Cannabis Event. 55% move from the previous day. 24%) ranked as one of the hottest cannabis stocks in the industry. Since 2016, IIPR has expanded their number of properties from 1 to 108, their. The IPO. Shares have tumbled 56% year-to-date. IIPR stock is several weeks into a possible new flat base, or base-on-base pattern. Summary. There is no amount of upside to IIPR, however, that makes the preferred a viable investment. This. It focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state. IIPR stock has become an investor favorite recently. Its share prices grew by 307% from its IPO in late 2016 to. They first came onto my radar back in 2020. Even better. 5 million on this revenue, an increase of 248% from net income of $3. I could see IIPR trading at 15x forward AFFO, representing a stock price of $120 per share - but note that there is a wide range of fair value for the stock considering the high growth potential. 32, marking a +0. 26, 2020 at 4:29 p. 40%) -$1. Innovative Industrial Properties IIPR stock is a REIT based out of San Diego, California that invests in real estate dedicated to cannabis production and processing. 51%) (As of 11/21/2023 ET) Today's Range $79. 新闻 Innovative Industrial Properties (IIPR) → 股票、财务报表. 80%) looks like a promising stock to buy. 15 in Dec 1, 2016. 93%), Bank of America, Chevron, and Coca. 11x, lower than its 3Y pre-pandemic mean of 13. Detailed information about News Innovative Industrial Properties's financial statements, analyst recommendations, dividends and dividend history. The S&P 500 index returned 3% last month. The payout, in the meantime, has ballooned into double digits. 00% Series A Cumulative Redeemable Preferred Stock (IIPR^A) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. IIPR's shares are down more than 66% this year. 7% in the last week insiders who sold US$6. Markets, so far on Friday, appeared to take new. m. S. Innovative Industrial properties stock gains after solid Q2 earnings, revenue SA News Wed, Aug. Future criteria checks 0/6. by Zacks Equity Research Published on October 12,2023. 20. Motley Fool contributor Will Healy explains what Innovative Industrial Properties ( IIPR 0. At the moment, IIPR is trading at a premium to peers. Also, its 2022 AFFO was $234 million, or $8. There's a good reason for that, as the company's fifth-largest tenant, Kings Garden, defaulted on its rent of its six. 36, or -0. Shares of Innovative Industrial Properties (IIPR) have gained 0. IIPR is an exciting stock that some believe has significant upside. The company then paid a quarterly dividend of $1. 6% in Innovative Industrial Properties, Inc. We think falling share prices and deteriorating financials amongst IIPR’s borrowers should cause investors to reprice IIPR’s shares, given the mounting risks to its long-term loan book. In 2022, Innovative Industrial Properties had adjusted funds from operations per share of $8. 04. IIPR has dropped around 20% in the last 12 months, compared to the broader REIT sector, which is up around 3% over the same time. m. But it also invests in shares of public companies. 32% loss on the day. 2%, while the Industrial REITs industry saw earnings growing at 24. As one of the leading owners of industrial real estate leased to state. Summary. One company that's already well in the green and growing rapidly is Innovative Investment Properties (IIPR-1. 19%. com - September 15 at 10:19 AM. Summary. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2022 . 84% YTD and -74. Morsa Images. 2020, Jan. AFFO came. 5% in dividends. View the latest Innovative Industrial Properties Inc. 2W 10W 9M. What's Happening With IIPR Stock Today? Innovative Industrial Properties Inc (IIPR) stock has fallen -0. 5% at one point this week, according to data from S&P Global Market Intelligence. With a. IIPR: Raising target price to $104. Read what investors need to know about IIPR here. Yesterday, the market plummeted to levels we have not seen since 2017 as fears about the spread of the coronavirus mounted. Pfd. Shares of real estate investment trust (REIT) Innovative Industrial Properties (IIPR-1. 66 50-Day Range $69. Shares rose as high as 222. The marijuana facility landlord has been in a downtrend for a bit, with the drop continuing into the new year. With steady revenue and a generous dividend, IIPR stock is a unique marijuana play. 3% to close at 52. Still, IIPR remains one the best REITs on Wall Street, as well as one of the best marijuana stocks, according to. 83 1. Based on its current numbers, IIP looks like. 50. finance. Today's Range $78. 2. 48%) are down by more than a third from its peak (in late 2021). (IIPR) NYSE - NYSE Delayed Price. m. Besides, the duo will partner on the development of 324,000. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. Share your opinion and gain insight from other stock traders and investors. The trend seems to continue down , but. 9% sequentially and has returned 17% overall. 1%. Analyst’s Disclosure: I/we have a beneficial long position in the shares of BX, IIPR, O, OHI, AND STAG either through stock ownership, options, or other derivatives. If you’re nibbling, here are three cannabis stock bargains to sock away for a future run. May 4, 2023 at 12:00 PM · 4 min read. 11% in terms of adjusted FFO per share. I wrote this article myself, and it. 75 with a high price target of $179. Subscribe Now See Plans & Pricing. In the latest trading session, Innovative Industrial Properties (IIPR) closed at $93. ” The news caused Industrial Properties, Inc. 1% yield is indeed a reward for investors seeking the highest income potential. IIPR stock has plunged over the last year, which has pushed its dividend yield up to about 6. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it. Future criteria checks 0/6. But then things turned south. 46M beats by $2. Currency in. I wrote this article myself. 42. . Do note, that if the. 89%. Hexo Stock Chart. by Zacks Equity Research Published on October 12,2023. IIPR has risen $0. According to my calculations, there is a growth potential of 22. So why is Innovative Industrial Properties' stock falling? Investors have a. 15, your return over the last 6 years would have been 311. Real time Innovative Industrial Properties (IIPR) stock price quote, stock graph, news & analysis. Financial Health criteria checks 4/6. Innovative Industrial properties stock gains after solid Q2 earnings, revenue SA News Wed, Aug. There aren't many REITs that fit. Cannabis real estate investment trust (REIT) Innovative Industrial Properties (NYSE: IIPR) has had a wild year. 68 +5. Equity REITs trade as a whole. Like the other names on this list, IIPR stock provides a substantial dividend yield, just under 8%. The share price for Innovative Industrial Properties ( IIPR -3. 72%. Look for opportunities to sell or SHORT Innovative Industrial IIPR at this time. Having the fortunate status of being the only publicly traded pure cannabis REIT in the U. I watched the stock fall from nearly $300 to a. 3% on product revenue, and about 0% on revenue falling short of the double-digit beats seen in prior quarters. Innovative Industrial Properties (IIPR) Stock Price, News & Analysis $79. 3% annually. 68%) has had a wild year. Down an incredible 61% this year, it has. 00, the stock is currently trading with a (forward) P/AFFO of 22. Out of . S.