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General information

Country: UNITED STATES

Sector: REIT — Industrial

Categories: @cannabis-players   

Innovative Industrial Properties, Inc. owns and leases industrial real estate assets. The Company focuses on the acquisition, disposition, construction, development, and management of industrial facilities leased to tenants in the regulated medical-use cannabis industry. Innovative Industrial Properties conducts its business in the United States.
  • Current market environment: negative. Prices of production are 2.2% lower compared to the last 12 months (LTM)
  • Prices of production are at 12.7% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 6.3%
  • Free cash flow yield -0.8% (LTM), projected -1.0%
  • Share price is 78.8% higher than minimum and 59.9% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (13.9x vs
    )
  • The company is overvalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: IIPR
Share price, USD:  (+1.0%)114.835
year average price 85.89  


year start price 67.89 2023-05-19

min close price 65.51 2023-06-01

max close price 113.70 2024-05-16

current price 113.70 2024-05-17
Common stocks: 27 981 517

Dividend Yield:  6.3%
FCF Yield LTM / expected: -0.8% / -1.0%
EV / LTM EBITDA: 13.9x
EV / EBITDA annualized: 14.1x
Production prices change from LTM: -2.2%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 3 213
Net Debt ($m): 137
EV (Enterprise Value): 3 350
EBITDA LTM ($m): 241
EV / LTM EBITDA: 13.9x
Price to Book: 1.6x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-05-14Seeking Alpha

Innovative Industrial: DEA Approves The Rescheduling, But Risks Emerge (Downgrade)

2024-05-08Zacks Investment Research

Innovative Industrial Properties (IIPR) Q1 FFO and Revenues Miss Estimates

2024-05-06Zacks Investment Research

Factors to Impact Innovative Industrial's (IIPR) Q1 Earnings

2024-05-03Zacks Investment Research

Innovative Industrial Properties (IIPR) Ascends But Remains Behind Market: Some Facts to Note

2024-05-01Zacks Investment Research

Strength Seen in Innovative Industrial Properties (IIPR): Can Its 4.8% Jump Turn into More Strength?

2024-04-26Zacks Investment Research

Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: Here's Why

2024-04-24Zacks Investment Research

Innovative Industrial Properties (IIPR) Outperforms Broader Market: What You Need to Know

2024-04-22Business Wire

Innovative Industrial Properties to Report 2024 First Quarter Results

2024-04-17Zacks Investment Research

Why Innovative Industrial Properties (IIPR) Dipped More Than Broader Market Today

2024-04-15InvestorPlace

3 Pot Stocks That Could Make You a Cannabis Millionaire
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