Innovative Industrial Properties, Inc. Common stock (IIPR) — Analysis Summary
Innovative Industrial Properties, Inc. Common stock (IIPR) has a market cap of $1.55B with year-over-year revenue growth of -13.8%. Net margin stands at 44.5%. The stock trades at a P/E ratio of 11.3.
Key Takeaways
- Revenue changed -13.8% year-over-year
- Net margin of 44.5%
- P/E ratio of 11.3
Compared to other companies in the REAL ESTATE sector, IIPR posted revenue growth of -13.8% and trades at a P/E of 11.3.
Innovative Industrial Properties, Inc. Common stock (IIPR)
UPDATED — ET · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsWatch List
Some caution signals are active and should be weighed alongside the valuation work.
Operating margin (51.4%) exceeds gross margin (0.0%) — check for other operating income or data classification issues
Operating margin at 51.4% — exceptionally high, typical only for monopolistic or IP-heavy businesses
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
Sector
REAL ESTATE
Employees
24
Headquarters
PARK CITY, UT
Exchange
XNYS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$7.60
Dividend Yield
13.50%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.