Innovative Industrial Properties

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About IIPR

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc.

CEO

Paul E. Smithers

CEOPaul E. Smithers

Employees

Employees22

Headquarters

Park City, Utah

HeadquartersPark City, Utah

Founded

2016

Founded2016

Employees

Employees22

IIPR Key Statistics

Market cap

1.39B

Market cap1.39B

Price-Earnings ratio

10.70

Price-Earnings ratio10.70

Dividend yield

15.36%

Dividend yield15.36%

Average volume

255.79K

Average volume255.79K

High today

$51.17

High today$51.17

Low today

$48.36

Low today$48.36

Open price

$50.00

Open price$50.00

Volume

527.27K

Volume527.27K

52 Week high

$134.31

52 Week high$134.31

52 Week low

$45.44

52 Week low$45.44

IIPR News

TipRanks 13h

Innovative Industrial Properties reports Q3 FFO $1.71, consensus $1.71

Reports Q3 revenue $64.7M, consensus $63.9M. “We are pleased to have made our first investment outside of the cannabis industry during the third quarter with ou...

Simply Wall St 2d

Assessing Innovative Industrial Properties’s Valuation After Koa Wealth Management’s Full Portfolio Exit

Koa Wealth Management recently sold its entire stake in Innovative Industrial Properties (IIPR), removing the cannabis-focused REIT from its portfolio. This dec...

The Motley Fool 6d

Koa Wealth Liquidates All 68K IIPR Shares Valued at $3.8 Million

Koa Wealth Management, LLC fully exited its position in Innovative Industrial Properties (IIPR 5.56%), selling all 68,221 shares for an estimated $3.77 million...

Analyst ratings

50%

of 6 ratings

Buy

16.7%

Hold

50%

Sell

33.3%

More IIPR News

Simply Wall St 7d

Florida Medical Cannabis Legal Battle Might Change The Case For Investing In Innovative Industrial Properties

Earlier this month, analysts reiterated strong confidence in Innovative Industrial Properties thanks to its robust financial position and double-digit yield, de...