What is the annual dividend for innovative industrial properties (IIPR)?
The annual dividend for Innovative Industrial Properties (NYSE:IIPR) is $6.00. Learn more How often does Innovative Industrial Properties pay dividends? Innovative Industrial Properties (NYSE:IIPR) pays quarterly dividends to shareholders. When was Innovative Industrial Properties's most recent dividend payment?
What are the risks to innovative industrial (IIPR) stock?
The most obvious risk to Innovative Industrial’s business model is potential federal legalization of marijuana. The thing that’s made IIPR stock special is that the company can effectively lend to cannabis companies. Innovative Industrial secures capital from investors, buys greenhouses, and rents them out to cannabis-growing operations.
Is innovative industrial (IIPR) the Best Marijuana stock to buy?
Innovative Industrial Properties (NYSE: IIPR) stock is one of the most interesting marijuana stocks out there right now. Innovative Industrial has a totally unique business model compared to most other cannabis companies. Thus, IIPR stock trades off different fundamental factors than its other industry peers.
What is the price of innovative industrial properties stock?
One share of IIPR stock can currently be purchased for approximately $252.50. How much money does Innovative Industrial Properties make? Innovative Industrial Properties has a market capitalization of $6.04 billion and generates $116.90 million in revenue each year.
Is IIPR stock a good buy?
NYSE: IIPR Better yet, analysts expect the company's earnings per share to rise by nearly 18% next year, with profits for 2024 forecast to continue increasing, to $7.64 a share. There's one more kicker that makes Innovative Industrial's stock a good one to consider -- it pays a dividend.
What does innovative industrial properties inc do?
Innovative Industrial Properties, Inc. (NYSE IIPR) is an internally managed real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities.
Is IIPR a Buy Sell or Hold?
The consensus among 4 Wall Street analysts covering (NYSE: IIPR) stock is to Strong Buy IIPR stock.
What is the target price for IIPR?
Stock Price Target IIPRHigh$290.00Median$220.00Low$160.00Average$221.29Current Price$113.36
Will IIPR stock go up?
Innovative Industrial Properties Inc (NYSE:IIPR) The 7 analysts offering 12-month price forecasts for Innovative Industrial Properties Inc have a median target of 220.00, with a high estimate of 290.00 and a low estimate of 160.00. The median estimate represents a +96.94% increase from the last price of 111.71.
Who are IIPR competitors?
Innovative Industrial Properties Competitors ListCompanyMarketRankAnalysts' Price TargetCIGI Colliers International Group2.5868 of 5 stars$167.38 +48.9%TRNO Terreno Realty2.5083 of 5 stars$74.50 +32.2%CWK Cushman & Wakefield2.6322 of 5 stars$24.14 +53.9%KW Kennedy-Wilson2.6658 of 5 stars$26.00 +36.0%4 more rows
Is IIPR a REIT?
(“IIPR” as listed on the NYSE) is a real estate investment trust (“REIT”) focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated state-licensed cannabis facilities.
How can I invest in IIPR?
Find the stock by name or ticker symbol – IIPR – and research it before deciding if it's a good investment for you. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. Check in on your investment.
What does IIPR stand for?
IIPRAcronymDefinitionIIPRIndian Institute of Pulses ResearchIIPRInstitute of Insurance and Pension Research (Canada)IIPRIntelligence, Investigation and Protection Resources (Katy, TX)
Should I buy or sell Innovative Industrial Properties stock right now?
5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innovative Industrial Properties in the last twelve months. There...
What is Innovative Industrial Properties' stock price forecast for 2022?
5 analysts have issued twelve-month price targets for Innovative Industrial Properties' stock. Their forecasts range from $175.00 to $290.00. On av...
How has Innovative Industrial Properties' stock performed in 2022?
Innovative Industrial Properties' stock was trading at $262.91 at the beginning of the year. Since then, IIPR stock has decreased by 50.8% and is n...
Are investors shorting Innovative Industrial Properties?
Innovative Industrial Properties saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,470,000 shares, a...
When is Innovative Industrial Properties' next earnings date?
Innovative Industrial Properties is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings...
How were Innovative Industrial Properties' earnings last quarter?
Innovative Industrial Properties, Inc. (NYSE:IIPR) released its quarterly earnings results on Wednesday, May, 4th. The company reported $1.32 earni...
How often does Innovative Industrial Properties pay dividends? What is the dividend yield for Innovative Industrial Properties?
Innovative Industrial Properties declared a quarterly dividend on Tuesday, March 15th. Stockholders of record on Thursday, March 31st will be given...
Is Innovative Industrial Properties a good dividend stock?
Innovative Industrial Properties(NYSE:IIPR) pays an annual dividend of $7.00 per share and currently has a dividend yield of 5.42%. IIPR has a divi...
Who are Innovative Industrial Properties' key executives?
Innovative Industrial Properties' management team includes the following people: Mr. Alan D. Gold , Exec. Chairman (Age 62, Pay $11.12M) Mr. Pau...
When will Innovative Industrial Properties release its earnings?
How much does Innovative Industrial Properties make?
Innovative Industrial Properties is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021. View our earnings forecast for Innovative Industrial Properties.
Why is the payout ratio above 75% not desirable?
Innovative Industrial Properties has a market capitalization of $4.84 billion and generates $116.90 million in revenue each year. The company earns $65.73 million in net income (profit) each year or $5.00 on an earnings per share basis.
News & Analysis: Innovative Industrial Properties
Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Innovative Industrial Properties will have a dividend payout ratio of 62.43% next year. This indicates that Innovative Industrial Properties will be able to sustain or increase its dividend.
Key Data Points
The Fool has written over 600 articles on Innovative Industrial Properties.
Environmental, Social, and Governance Rating
Primary metrics and data points about Innovative Industrial Properties.
Innovative Industrial Properties (IIPR)
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Innovative Industrial Properties, Inc. - Sell
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
What is Innovative Industrial Properties's dividend yield?
Zacks' proprietary data indicates that Innovative Industrial Properties, Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the IIPR shares relative to the market in the next few months. In addition, Innovative Industrial Properties, Inc.
How much is Innovative Industrial Properties's annual dividend?
The current dividend yield for Innovative Industrial Properties (NYSE:IIPR) is 3.10%. Learn more
How often does Innovative Industrial Properties pay dividends?
The annual dividend for Innovative Industrial Properties (NYSE:IIPR) is $6.00. Learn more
When was Innovative Industrial Properties's most recent dividend payment?
Innovative Industrial Properties (NYSE:IIPR) pays quarterly dividends to shareholders.
Is Innovative Industrial Properties's dividend growing?
Innovative Industrial Properties's most recent quarterly dividend payment of $1.50 per share was made to shareholders on Friday, January 14, 2022.
What track record does Innovative Industrial Properties have of raising its dividend?
Over the past three years, Innovative Industrial Properties's dividend has grown by 376.67%.
When did Innovative Industrial Properties last increase or decrease its dividend?
Innovative Industrial Properties (NYSE:IIPR) has increased its dividend for the past 5 consecutive years.
What makes IIPR stock special?
The most recent change in Innovative Industrial Properties's dividend was an increase of $0.10 on Wednesday, September 15, 2021.
What is innovative industrial?
The thing that’s made IIPR stock special is that the company can effectively lend to cannabis companies. Innovative Industrial secures capital from investors, buys greenhouses, and rents them out to cannabis-growing operations.
Does Innovative Industrial raise capital?
Innovative Industrial is one of the most unique companies in both the REIT and cannabis spaces. The company’s management team brilliantly saw a gap in the market and seized it. Specifically, American cannabis companies have struggled to obtain financing.
Does Innovative Industrial have the same risk as a cannabis producer?
Innovative Industrial stepped into the breach with a clever solution. Innovative Industrial could raise capital on attractive terms. And it isn’t directly engaging in any legally questionable activity.
Is IIPR stock a dividend?
It, in turn, rents these facilities out to cannabis-growing operators. In this way, Innovative Industrial doesn’t have the same risk that a cannabis producer has; it is just collecting the rent regardless of how the retail marijuana market is looking. However, Innovative Industrial faces a different risk of its own.
