IIPR has fallen -$0. 56% (not including any dividends or dividend reinvestments). View the latest Innovative Industrial Properties Inc. S. With a yield of 8. 83%) stock gained 4. Today's Change (-1. Their VFF share price targets range from $1. A stock is considered to be oversold if the RSI reading falls below 30. 01 in the past 12. Based on the average brokerage recommendation (ABR), Innovative Industrial Properties (IIPR) should be added to one's portfolio. 6% per annum while its annual revenue is expected to grow at 2. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2022 . ” The news caused Industrial Properties, Inc. Furthermore, the stock is very good value based on its risk. cannabis industry, announced its results for the fourth quarter and year ended December 31, 2021. 5 brokerages have issued 1 year price targets for Innovative Industrial Properties' shares. 46%. This lower stock price might have also set up new investors for outsize returns. Wall Street Thinks This 10. Meanwhile, in early spring it raised. Over the last five years, Innovative Industrial Properties ( IIPR 0. This. 65%) hasn't exactly been a strong-performing REIT, with tenant troubles and interest rate headwinds contributing to the stock trading for nearly 75% below. The worsening macroeconomics. 5% over the past four weeks to close the last trading session at $71. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps. Over the past year the S&P 500 is down -14. 32 in the latest trading session, marking a +0. The company in April. Innovative Industrial Properties ( IIPR 0. 51%), the only real estate investment trust. 83%). 4% on the day. Innovative Industrial Properties (IIPR) closed the most recent trading day at $68. Among. Having the fortunate status of being the only publicly traded pure cannabis REIT in the U. 1 million, or $1. In exchange for about $110. 18. 37 50-Day Range $69. by Zacks Equity Research Published on October 12,2023. Innovative Industrial Properties (IIPR) has been one of the stocks most watched by Zacks. TipRanks | Stock Market Research, News and Analyst Forecasts - TipRanks. IIPR had held up fairly well in past few days and 1-2 weeks, having dropped a little and much less compared to growth stocks. 6% dividend yield. The 5 analysts offering 12-month price forecasts for Innovative Industrial Properties Inc have a median target of 85. falling by 79%. 34 -1. As one of the leading owners of industrial real estate leased to state. For instance, if you were farsighted enough to invest in Innovative Industrial Properties (IIPR 2. (IIPR) NYSE - NYSE. IIPR is the largest player in the cannabis REIT space, and is a potentially good investment opportunity due to its high yield and low valuation, with risks already priced in. IBD cautions against buying stocks in a market correction. Earnings per share increased from $1. 29%) is a cannabis-focused real estate investment trust (REIT) that has been falling sharply in value. I wrote this article myself, and it expresses my. 72%. Innovative Industrial Properties Inc (IIPR) stock is down 0. Learn more on IIPR's dividend yield history. 83 1. Innovative Industrial Properties, Inc. 3% on product revenue, and about 0% on revenue falling short of the double-digit beats seen in prior quarters. 92% at $100. 1% since its peak in November 2021. While AFFO (and dividend) growth is slowing, shares trade at less than 9 times estimates, putting IIPR stock squarely into value territory. Innovative Industrial Properties (IIPR) closed at $75. Innovative Industrial Properties ( IIPR ): An oversold, attractive REIT with a 10% yield. 49% — by comparison, the average stock in Dividend Channel's. General stock market volatility and growing concern over cannabis legalization has put IIPR on sale. (NYSE:IIPR) is the largest publicly traded provider of real estate capital to the U. At the moment, IIPR is trading at a premium to peers. Half of the ratings on the mutual fund company are sells. This move outpaced the S&P 500's daily. S. cannabis industry, announced its results for the fourth quarter and year ended December 31, 2021. These three cannabis stocks could eventually rally to higher highs. There are still. 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 has plunged by -31. IIPR-A trades at a massively. Obviously, above-average dividend yield and above-average dividend growth can be a very, very powerful. In 2020, it generated revenue of $117 million. That translates into around 50% growth per year, essentially doubling the current share price of $186. January 14, 2023 at 5:00 AM · 3 min read. comInnovative Industrial Properties, Inc. Over the past year the S&P 500 is lower by -12. 13 buy point from a three-weeks-tight pattern. 07, revenue of $76. 73%. 6% in January, according to data provided by S&P. IIPR has pulled back nearly 20% from its recent highs as the Fed's hawkish stance has been a significant drag on the market. 廣告IIPR stock, innovative industrial properties is a REIT with significant upside potential. 11% in terms of adjusted FFO per share. 1% YOY growth in AFFO per share to $2. 51% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator. Hexo has cut jobs and tried to shrink costs and lower its debt burden. 5% per year. 3 REITs With Over 7% Dividend Yields And Huge Gains In The Past Month. I don't think it's in trouble at all, and I'd go further and say it's a fine stock for any investor to consider buying. Marijuana-focused real estate investment trust (REIT) Innovative Industrial Properties ( IIPR -1. 34 52-Week Range $63. 48%) are down by more than a third from its peak (in late 2021). 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 Inc (IIPR) stock is trading at $169. 9B and total debt of $300. 3% to close at 52. It operates through the following geographical segments: Arizona, California, Colorado, Florida. 05 and $188. The consensus among . 00 and a low estimate of. General stock market volatility and growing concern over cannabis legalization has put IIPR on sale. 87%, while the broader index S&P. 60%). Image. Elsewhere. This change lagged the S&P 500's 1. Find out before anyone else which stock is going to shoot up. Investors frequently choose between dividend growth and current income, but. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. 5%. If an investor was to purchase shares of IIPR stock at the current price. 65 represents a price-to-book ratio of 1. 1% move from the previous day. 99. IIPR's share prices have grown over 1,100% in just five years. 20. IIPR has since increased its dividend by 2. Still, it. 53 and $74. 73 in the next year. The New York-based MSO is down 73% over the last year and last reported a fiscal 2023 first-quarter cash and. to other REITs, because it's performed much more like a growth stock than a steady dividend-paying. 99 and $192. To sweeten the pot even more, it also. Our two-year price target for IIPR is $382. And, if the stock price does fall, the short-seller would profit. ET. But the bottom might finally be in for this small-cap REIT. The Broker Recommendations chart displays the recommendations made by brokerage firms and are not a recommendation to buy or sell a share, but instead indicate of how the broker thinks the company. finance. Over the last four quarters. In detail, IIPR is acquiring approximately 92. So far 111,495 shares have traded compared to average volume of 204,355 shares. 95 so far today. 32, marking a +0. Wall Street analysts' overly optimistic recommendations cast doubt. 91x and 23. 68 +5. 1M. Innovative Industrial Properties's earnings are forecast to decline at 0. 02%, for an annualized return of 26. 18 on volume of 249,380 shares. The market has been neutral on Innovative Industrial Properties Inc (IIPR) stock recently. IIPR – Yesterday, shares of Innovative Industrial Properties (IIPR) dropped to $40. Cannabis. It had only collected 92. Innovative Industrial Properties's return on equity is 8. 38%), it's easy to get complacent. IIPR sellers battered the stock further as market operators probably anticipated a bruising collapse in funding conditions, leading to a significant credit crunch. 6% to. They first came onto my radar back in 2020. Future criteria checks 0/6. IIPR can go out and issue tons of new stock and pay just 2. However, it tumbled further in the past week after the company was targeted by short-seller Blue. This represents a significant discount to where U. 29%)Real time Innovative Industrial Properties (IIPR) stock price quote, stock graph, news & analysis. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. 1%, which is absurd when you consider the dividend growth track record and potential future. 54 $79. The stock has traded between $167. 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. S. com - September 13 at 4:17 AM. After releasing an operating update on 1/18/23, Innovative Industrial ( NYSE: IIPR) dropped about 16% on the 19th. 00, the stock is currently trading with a (forward) P/AFFO of 22. The stock has traded between $181. 2% from the previous closing price of $182. 8%. 5% this week, after issuing shares and reporting a capital markets update. 61% gain on the day. 83%) does, its strongest advantages, and its biggest weaknesses. IIPR has been a “cash cow” over the last three years, generating eye-popping growth of 100% in 2018, 144% in 2019, 53% in 2020, and 33% in 2021. 99 $89. IIPR's return is nearly. , especially for. Innovative Industrial Properties has been growing earnings at an average annual rate of 47. Plus the mkt is like a falling knife. Hexo has cut jobs and tried to shrink costs and lower its debt burden. 000000; an Industry Subrating of Low; a. The stock is trading at a low price-to-earnings ratio and offers a dividend yield above 6%, but the cannabis industry is not immune to volatility. In their. Innovative Industrial Properties (IIPR) has received quite a bit of attention from Zacks. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the. Share your opinion and gain insight from other stock traders and investors. 3 REITs With Over 7% Dividend Yields And Huge Gains In The Past Month. When consumer prices first began spiking last year, both the Federal Reserve and investors were unperturbed. 4. Broadcom currently pay a 3% forward dividend yield compared to the sector median of 1. 's stock may have disappointed insiders who bought US$192k worth of shares at an. 89%. 1% and Real Estate Select Sector SPDR ETF falling 11. However, short sellers have. Share prices are down 30% from November 2021 highs despite the company. Shares are up from $20 a few years ago to $170, and IIPR stock has paid a generous dividend along the. 00. 89%) is one of the most talked-about real estate investment trusts (REITs) in the stock market today -- for good reason. Innovative Industrial Properties (IIPR) closed the most recent trading day at $88. IIPR is lower by -$0. $2B. Mar 19, 2020. 8M making its interest coverage ratio. While AFFO (and dividend) growth is slowing, shares trade at less than 9 times estimates, putting IIPR stock squarely into value territory. The stock is down more than 50% from its November 2021 high. 7% and that's expected to grow by about 10. 7%-Yielding Dividend Stock Could Soar 68%. PRA stock price and news, along with industry-best analysis. This lower stock price might have also set up new investors for outsize returns. IIPR earned $5. After the change, there still remains approximately $33. IIPR TTM Dividend yield % consensus estimates (S&P Cap IQ) As a result, its forward dividend yields continue to look highly attractive, given the security of its payout ratios, within management's. The market is currently questioning the viability of Innovative Industrial Properties' ( NYSE:IIPR) 8. Shares now yield 5. Find the latest Innovative Industrial Properties, Inc. 26, 2020 at 4:29 p. Innovative Industrial Properties (IIPR) closed the most recent trading day at $81. S. The recent price decline of 3. I discuss my thought process for REITs and trying to predict the future based on the past and present. In 2021, IIPR grew revenue by 75% and AFFO. Innovative Industrial Properties, Inc. Johnson & Johnson. 02 Innovative Industrial Properties FFO of $2. Currently, IIPR stock offers an attractive forward dividend yield around 9%. 8 — by. 50. 6% per annum while its annual revenue is expected to grow at 2. Shares of UnitedHealth Group ( UNH 0. In fact, with this latest hike, the company’s common stock dividends declared for the 12 months ending Sep 30, 2022, reached $6. 86% move from the previous day. IIPR earnings call for the period ending June 30, 2023. (IIPR) NYSE - NYSE Delayed Price. 18, Innovative Industrial Properties ( IIPR 3. IIPR gets a Bearish score from InvestorsObserver Stock Sentiment Indicator. 94M Why are analysts so bullish on IIPR stock? The company continues to report double-digit revenue and earnings growth, a raft of new acquisitions, and a high dividend yield. 02, marking a -1. 69 a share. 84% YTD and -74. Innovative Industrial Properties, Inc. Innovative Industrial Properties stock has been justifiably battered as the market adjusted its valuation profile on the higher-risk leading cannabis REIT. And that's showing up in Innovative. marketbeat. 51%), the only real estate investment trust. 25 $80. 61 on the stock market today. Innovative Industrial Properties (IIPR) Stock Price, News & Analysis $79. 's stock may have disappointed insiders who bought US$192k worth of shares at an average price of US$96. In the latest trading session, Innovative Industrial Properties (IIPR) closed at $93. While no one is sure what will happen near-term with the cannabis sector, IIPR is still. 48%), referring to the cannabis company as a "marijuana bank" as. Innovative Industrial Properties, Inc. Its EPS Rating is a worst-possible 1. IIPR gets a Neutral score from InvestorsObserver Stock Sentiment Indicator. Volume today is light. . 15 per common share represent an increase of $1. 94MStock Price Forecast. Results reflected better-than-expected revenues. Mar 19, 2020. Innovative Industrial Properties, Inc. Over the past five years, the company's stock price has increased 382% while funds from operations per share have grown 2,690%. IIPR's avg. I expect the IIPR stock price to move higher after months of falling. 2020, Jan. Today, in the low $90s, the REIT offers a dividend yield of 7. 80 per Common Share Contributes to Aggregate of $7. m. Still, IIPR remains one the best REITs on Wall Street, as well as one of the best marijuana stocks, according to. Fed I invested in IIPR at a fortunate moment (in 2019 at roughly same price as current stock price) and was lucky enough to get out in time (sold in Nov. (NYSE: IIPR) was in 23 hedge funds' portfolios at the end of the fourth quarter of 2020. Market Cap. During this time, the REIT tumbled from around $240 per share to as. The vast. Tilray ( TLRY ): The company is seeing. 00, or 16%, Over Prior Twelve Months. Hexo stock has a weak 3 Composite Rating. Eric Volkman has no position in any of the stocks mentioned. Financial Health criteria checks 4/6. Innovative Industrial Properties, Inc. Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $2. 9% in Wednesday's after-hours trading session following the cannabis -industry-focused real estate investment trust's (REIT) release. 4% dividend yield. 30 as of 1:19 PM on Wednesday, Jul 1, a rise of $4. Zacks tracks individual sell-side analyst estimates and creates a consensus EPS estimates. 48K Follower s Summary Innovative Industrial Properties enjoys rising. 80 per share, reflecting an increase of 25% over dividends. Since our last article, the stock price has declined by as much as 21%. Innovative Industrial Properties (IIPR) $71. Check out our PIPR stock analysis, current PIPR quote, charts, and historical prices for Piper Jaffray Companies stockSummary. 7%Innovative Industrial Properties ( IIPR 0. (IIPR) stock quote, history, news and other vital information to help you with your stock trading and investing. 80%) looks like a promising stock to buy. There is no amount of upside to IIPR, however, that makes the preferred a viable investment. Zacks Equity Research. J. 75%, Innovative Industrial Properties (NYSE:IIPR) has been explosive. (Motley Fool) Innovative Industrial Properties, Inc. Innovative Industrial Properties, Inc. . Cherney Cannabis REIT Innovative Industrial Properties shares fall after earnings IIPR – Yesterday, shares of Innovative Industrial Properties (IIPR) dropped to $40. In its latest quarter, IIPR delivered 5. S. It’s down 7% so far this month, and it’s currently trading at $114. The company is set to announce its earnings results on August 7. 38%) 19:00 EDT IIPR Stock Quote Delayed 30 Minutes. But then things turned south. 4 million in these notes, IIPR issued 1,684,237 shares of common stock, and paid about $2. 19%) Will IIPR be a Portfolio Killer in October?Source: Shutterstock. So why is Innovative Industrial Properties' stock falling? Investors have a. 14(0. Shares are offering a tempting 6. 07 beats by $0. The average twelve-month price prediction for Innovative Industrial Properties is $109. 44 so far today. 6% in Innovative Industrial Properties, Inc. KLH49/iStock via Getty Images. The falling knife stopped falling in May and has been showing higher hi's and higher lo's since. 7x price/FFO. 33% as of 3:49 PM on Tuesday, Mar 21. Yesterday, the market plummeted to levels we have not seen since 2017 as fears about the spread of the coronavirus mounted. 's ( NYSE:IIPR ) stock may have disappointed. Conclude why IIPR could deliver significant returns even under a potential revenue deceleration scenario;. Innovative Industrial Properties is a cannabis REIT with a stock trading at a 7. 68 per share on April 14, 2022. Down an incredible 61% this year, it has. Innovative Industrial Properties, Inc. Securities. Innovative Industrial Properties, Inc. 42. 29, or -3. With a yield of 8. Innovative Industrial Properties (IIPR 0. Do note, that if the. If the stock offerings are prudently managed this is a $200. 5% in dividends. com - September 15 at 10:19 AM. I wrote this article myself, and. Learn more on IIPR's analyst rating history. 11x, lower than its 3Y pre-pandemic mean of 13. 0 and an annual dividend yield of 10. Innovative Industrial Properties (IIPR-3. Summary. There is a reason why IIPR traded at a 1% to 3% dividend yield for nearly 4 years. In the latest trading session, Innovative Industrial Properties (IIPR) closed at $68. (IIPR) stock news and headlines to help you in your trading and investing decisions. Look for opportunities to sell or SHORT Innovative Industrial IIPR at this time. So, Is IIPR Stock A Buy, Sell, or Hold? IIPR 5Y EV/Revenue and AFFO/ Per Share Valuations. It operates through the following geographical segments: Arizona, California, Colorado, Florida. Lemonade is a one-time fintech wonder that has fallen on hard times of late. Strong dividend paying companies in the US market. Innovative Industrial Properties (IIPR) closed at $164. IIPR is expected to report fourth-quarter and full-year 2022 results on Feb 27 after. This entity does not cultivate cannabis or cannabis products, and it doesn’t operate retail dispensaries. m. Earlier this year, Blue Orca Capital released a scathing short-seller report about Innovative Industrial Properties ( IIPR -1. This unique business sits at the corner. 02 Innovative Industrial Properties FFO of $2. Innovative Industrial Properties (NYSE: IIPR) is, in my view, the best investment vehicle for investors to gain exposure to the rapidly-growing cannabis industry with relatively limited risk. Innovative Industrial Properties ( IIPR ): An oversold, attractive REIT with a 10% yield. cannabis sector. Unlike competitors, Innovative Industrial Properties has a competitive moat. The stock outpaced the S&P 500's daily loss of 0. 55% move from the previous day. The S&P 500 fell 1. Innovative Industrial Properties. (IIPR) stock to fall significantly during trading on April 15, 2022. 15, your return over the last 6 years would have been 311. EPS is expected to decline by 1. This. Innovative Industrial Properties (IIPR 0. 77%) dropped a bombshell with its operating and investment activity update for the fourth quarter and full year 2022. Innovative Industrial Properties Inc (IIPR) stock is lower by 15. The marijuana facility landlord has been in a downtrend for a bit, with the drop continuing into the new year. These three cannabis stocks could eventually rally to higher highs. 75 a share -- giving the stock a dividend yield of 5. 7%-Yielding Dividend Stock Could Soar 68%. 07, revenue of $76. 67 (2.