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Ticker
IIPR

Price
49.36
Stock movement up
+0.66 (1.36%)
Company name
Innovative Industrial Properties Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT - Industrial
Market cap
1.40B
Ent value
1.70B
Price/Sales
4.50
Price/Book
0.72
Div yield
15.40%
Div growth
43.18%
Growth years
5
FCF payout
122.04%
Trailing P/E
8.57
Forward P/E
8.58
PEG
-
EPS growth
43.63%
1 year return
-49.52%
3 year return
-36.69%
5 year return
-6.78%
10 year return
-
Last updated: 2025-04-11

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share7.60
Dividend yield15.40%
Payout frequencyQuarterly
Maximum yield15.82%
Average yield6.14%
Minimum yield2.10%
Discount to avg yield60.11%
Upside potential150.69%
Yield as % of max yield97.31%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield15.40%
Current yield distribution0.16%
Yield at 100% (Min)2.10%
Yield at 90%2.68%
Yield at 80%3.13%
Yield at 50% (Median)6.25%
Yield at 20%8.53%
Yield at 10%9.98%
Yield at 0% (Max)15.82%

Dividend per share

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Dividend per share data
Years of growth5 years
CCC statusDividend Challenger
Dividend per share7.60
Payout frequencyQuarterly
Ex-div date31 Mar 2025
EPS (TTM)5.71
EPS (1y forward)5.75
EPS growth (5y)43.63%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
IIPRS&P500
DGR MR4.40%-13.74%
DGR TTM4.97%6.60%
DGR 3 years17.33%5.24%
DGR 5 years43.18%5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced304 days
EPS growth (5y)43.63%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM128.50%122.04%
Average120.56%195.52%
Forward132.12%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E8.57
Price to OCF5.25
Price to FCF8.13
Price to EBITDA5.68
EV to EBITDA6.91

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales4.50
Price to Book0.72
EV to Sales5.47

FINANCIALS

Per share

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Per share data
Current share count28.33M
EPS (TTM)5.71
FCF per share (TTM)6.01

Income statement

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Income statement data
Revenue (TTM)310.93M
Gross profit (TTM)231.15M
Operating income (TTM)173.74M
Net income (TTM)163.27M
EPS (TTM)5.71
EPS (1y forward)5.75

Margins

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Margins data
Gross margin (TTM)74.34%
Operating margin (TTM)55.88%
Profit margin (TTM)52.51%

Balance Sheet

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Balance Sheet data
Cash147.13M
Net receivables22.00M
Total current assets169.13M
Goodwill0.00
Intangible assets7.60M
Property, plant and equipment1.05M
Total assets2.40B
Accounts payable24.16M
Short/Current long term debt297.50M
Total current liabilities140.07M
Total liabilities448.79M
Shareholder's equity1.95B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)266.47M
Capital expenditures (TTM)94.56M
Free cash flow (TTM)171.91M
Dividends paid (TTM)209.79M

Financial returns

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Financial returns data
Return on Equity8.39%
Return on Assets6.82%
Return on Invested Capital7.28%
Cash Return on Invested Capital7.66%

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STOCK INFORMATION

Stock chart

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Stock price data
Open48.73
Daily high49.36
Daily low47.10
Daily Volume290K
All-time high286.21
1y analyst estimate135.40
Beta1.39
EPS (TTM)5.71
Dividend per share7.60
Ex-div date31 Mar 2025
Next earnings date15 May 2025

Downside potential

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Downside potential data
IIPRS&P500
Current price drop from All-time high-82.75%-12.89%
Highest price drop-83.22%-56.47%
Date of highest drop8 Apr 20259 Mar 2009
Avg drop from high-33.93%-11.07%
Avg time to new high20 days12 days
Max time to new high855 days1805 days

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COMPANY DETAILS
IIPR (Innovative Industrial Properties Inc) company logo
Marketcap
1.40B
Marketcap category
Small-cap
Description
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Employees
22
Investor relations
-
SEC filings
CEO
Paul E. Smithers
Country
USA
City
Park City
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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