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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 8.6% lower compared to the last 12 months (LTM)
  • Prices of production are at 0.8% percentile over the past 5 years, adjusted for inflation (are close to minimun)
  • Dividend yield for the last twelve months 10.8%
  • Free cash flow yield 0.2% (LTM), projected -1.0%
  • Share price is 8.3% higher than minimum and 73.5% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (8.7x vs
    )
  • The company is undervalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: IIPR
Share price, USD:  (-1.1%)69.58
year average price 108.54  


year start price 102.83 2023-12-28

max close price 136.78 2024-09-23

min close price 70.35 2024-12-25

current price 69.58 2024-12-26
Common stocks: 27 981 517

Dividend Yield:  10.8%
FCF Yield LTM / expected: 0.2% / -1.0%
EV / LTM EBITDA: 8.7x
EV / EBITDA annualized: 8.8x
Production prices change from LTM: -8.6%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 1 947
Net Debt ($m): 153
EV (Enterprise Value): 2 100
EBITDA LTM ($m): 240
EV / LTM EBITDA: 8.7x
Price to Book: 1.0x

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


2024-12-21seekingalpha.com

Innovative Industrial Properties: Schedule III Reclassification A Smokescreen?

2024-12-20accesswire.com

The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations

2024-12-20fool.com

Why Innovative Industrial Properties Stock Plunged Today

2024-12-20accesswire.com

Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact Kehoe Law Firm, P.C. - IIPR

2024-12-18accesswire.com

The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations

2024-12-17accesswire.com

Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm

2024-12-17accesswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR

2024-12-16accesswire.com

The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations

2024-12-16accesswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR

2024-12-15accesswire.com

Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm
More information for subscribed users:
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