IIInnovative Industrial Properties IIPR · NYSE
$52.11 -2.53% (-$1.35)
- Market cap
- $1.47B
- Enterprise value
- $1.88B
- P/E
- 10.7x
- Forward P/E
- 12.1x
- PEG
- -
- P/S
- 5.6x
- P/FCF
- 7.5x
- EV/EBITDA
- 7.9x
- ROIC
- 5.6%
- Gross margin
- 62.9%
- Net margin
- 52.3%
- Dividend yield
- 14.22%
- Payout ratio
- 152.1%
- Net debt/EBITDA
- 1.7x
- Beta
- 1.42
- Free float
- 97.9%
About the company
Innovative Industrial Properties, Inc. (IIPR) is an American company focused on investments in industrial properties used for the cultivation and processing of medical cannabis. The company specializes in leasing properties to licensed medical cannabis producers participating in the medical and recreational cannabis markets in the USA. Innovative Industrial Properties offers long-term leases to medical cannabis producers with flexible terms. The company also provides financial and capital support for the expansion and modernization of its tenants' production facilities. With the increasing legalization of medical and recreational cannabis use in certain parts of the USA, Innovative Industrial Properties has the potential for further growth and development in the industrial properties sector for the cannabis industry. Innovative Industrial Properties, Inc. (IIPR) shares are an interesting choice for investors who follow the cannabis market and seek investment opportunities in the growing medical cannabis sector.
Sector
Real Estate
Industry
REIT - Industrial
CEO
Paul E. Smithers
Employees
24
Headquarters
San Diego
Valuation
Is today's price reasonable?
- What to watch: The share price is above the Bulios Fair Price.
Growth and estimates
Is it growing, and what comes next?
- What to watch: Earnings per share fell by 11% a year over the last 3 years.
- What to watch: Analysts expect revenue to fall by 4.9% this fiscal year.
Profitability and quality
How much of the revenue is left, and how well does the company use its capital?
- What speaks for it: Out of every 100 USD of revenue, 52 USD is left as net profit.
Financial health
Can it carry its debt?
Capital and dividends
What does the company do with the money it earns?
- What speaks for it: It has raised its dividend 8 years in a row.
Analysts
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Owners and insiders
Who holds the stock, and what is management doing?
Segments
Which part of the company is growing?
Peer comparison
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Price and risk
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Statements
Every number