Latest news with #IIPR
Business Insider
09-05-2025
- Business
- Business Insider
Innovative Industrial Properties (IIPR) Gets a Hold from Alliance Global Partners
In a report released today, Aaron Grey from Alliance Global Partners maintained a Hold rating on Innovative Industrial Properties (IIPR – Research Report), with a price target of $56.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Grey is an analyst with an average return of -19.7% and a 26.56% success rate. Grey covers the Healthcare sector, focusing on stocks such as OrganiGram Holdings, Tilray, and Cresco Labs. The word on The Street in general, suggests a Hold analyst consensus rating for Innovative Industrial Properties with a $68.67 average price target. The company has a one-year high of $138.35 and a one-year low of $45.44. Currently, Innovative Industrial Properties has an average volume of 386K. Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IIPR in relation to earlier this year. Most recently, in March 2025, David Stecher, a Director at IIPR sold 7,599.00 shares for a total of $536,109.45.
Yahoo
08-05-2025
- Business
- Yahoo
Innovative Industrial Properties (NYSE:IIPR) Reports Q1 Earnings Drop, Completes US$20 Million Buyback
Innovative Industrial Properties recently announced its Q1 2025 earnings, reporting declines in sales, revenue, and net income compared to the previous year, alongside the completion of a share buyback program. Over the past month, the company's stock price rose by 2.4%, a movement that aligns directionally with the broader market gains. The earnings decline might have added weight to the overall market trend, while the share repurchase could have provided some support. Despite various market influences, the company's price movements remained broadly aligned with the market's overall trajectory. You should learn about the 2 possible red flags we've spotted with Innovative Industrial Properties (including 1 which is a bit concerning). Find companies with promising cash flow potential yet trading below their fair value. Innovative Industrial Properties' recent earnings report and share buyback announcement potentially influence the company's broader narrative, reflecting shifts in market dynamics and corporate strategy. The decline in sales, revenue, and net income may contribute to revised forecasts, aligning with analysts' expectations of a 6.2% annual revenue decrease and shrinking profit margins over the next three years. These developments could impact the company's ability to capitalize on potential cannabis market reforms and expansions, potentially challenging its revenue growth and earnings stability. Over a five-year span, IIPR's total return, including dividends, was 3.19%, highlighting limited growth relative to the longer-term potential observed by analysts. In comparison, the company underperformed the US Industrial REITs industry in the past year, which posted a 4.4% decline, and additionally underperformed the broader US market that saw a 7.7% return. This uneven performance underscores the challenges faced by the company in the regulated cannabis market amidst broader economic factors and industry-specific risks. The recent share price increase of 2.4%, while positive, remains below the consensus price target of US$67.0, indicating that analysts see potential for further appreciation. This target suggests a 21.3% potential upside from the current share price of US$52.75, assuming the company successfully navigates market conditions and capitalizes on future opportunities within the cannabis industry. The recent news, particularly the resumption of rent payments from PharmaCann and cannabis regulation prospects, may play critical roles in determining whether IIPR can achieve these growth targets and reach its projected fair value amid ongoing market challenges. Explore historical data to track Innovative Industrial Properties' performance over time in our past results report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:IIPR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
Innovative Industrial Properties: Q1 Earnings Snapshot
PARK CITY, Utah (AP) — PARK CITY, Utah (AP) — Innovative Industrial Properties, Inc. (IIPR) on Wednesday reported a key measure of profitability in its first quarter. The results missed Wall Street expectations. The Park City, Utah-based real estate investment trust said it had funds from operations of $55.3 million, or $1.94 per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of $1.99 per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $30.3 million, or $1.03 per share. Innovative Industrial Properties, based in Park City, Utah, posted revenue of $71.7 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $70.8 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on IIPR at
Yahoo
06-05-2025
- Business
- Yahoo
Innovative Industrial Properties, Inc. (IIPR): A Top Dividend Challenger in 2025
We recently published a list of Dividend Challengers 2025: Top 25. In this article, we are going to take a look at where Innovative Industrial Properties, Inc. (NYSE:IIPR) stands against other dividend challenger stocks. Dividend Challengers refers to US-listed companies that have raised their dividends every year for a minimum of five, and less than ten, consecutive years. These companies have demonstrated a relatively recent commitment to sharing profits with shareholders through dividends. Investors usually gravitate towards such firms because historically, dividend growers outperform the returns of the broader market. Moreover, most of these firms have a track record of exhibiting lower price volatility, which makes them favorable to those looking for stable income. Investor interest in stocks with reliable dividend growth remains strong due to long-term investment potential. As a result, many of these financially sound firms become targets for investors looking to manage risk without sacrificing growth. The Fidelity Equity-Income Fund and the Fidelity Global Equity Income Fund portfolios, managed by Ramona Persaud, seek stable dividend-paying firms with attractive valuations. She pointed out that declining interest rates tend to make dividend stocks more appealing than bonds due to relatively attractive yields. Indeed, Persaud argued lower rates could foster a more broad-based rally for stocks beyond the market gains, which have been largely concentrated on a handful of large-cap growth names. Her focus is on well-performing firms with reliable cash flows and strong, growing dividends. According to analysts, investors can adopt a strategy that balances both income and growth by focusing on dividend growers. Historically, they have shown less volatility and often outperformed the broader market, including benchmarks like the S&P Equal Weight Index. A report from Guggenheim found that between May 2005 and December 2024, companies that initiated or raised their dividends achieved an average annual return of 10.5%, compared to just 5.5% for those that reduced or suspended payouts. By contrast, the overall market averaged a 10.4% return during the same period, slightly lagging behind the dividend growers. The report also emphasized that dividend growth strategies tend to perform well across different market environments, both bullish and bearish. This makes them a compelling option for investors seeking long-term returns while aiming to protect their portfolios during downturns. Bank of America also noted that dividend-paying stocks helped stabilize portfolios during the turbulent month of March. As trade policy uncertainty under President Donald Trump rattled markets, value and dividend-oriented names held up better. In an April 11 report, BofA's quant strategist Nigel Tupper highlighted these trends and pointed to several top-performing dividend stocks during the market's choppy period.
Yahoo
05-04-2025
- Business
- Yahoo
Innovative Industrial Properties (IIPR) Increases Despite Market Slip: Here's What You Need to Know
Innovative Industrial Properties (IIPR) ended the recent trading session at $53.43, demonstrating a +1.93% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 5.98%. Meanwhile, the Dow lost 5.5%, and the Nasdaq, a tech-heavy index, lost 5.82%. Prior to today's trading, shares of the company had lost 27.95% over the past month. This has lagged the Finance sector's loss of 5.99% and the S&P 500's loss of 7.66% in that time. The investment community will be closely monitoring the performance of Innovative Industrial Properties in its forthcoming earnings report. On that day, Innovative Industrial Properties is projected to report earnings of $2.06 per share, which would represent a year-over-year decline of 6.79%. Alongside, our most recent consensus estimate is anticipating revenue of $73.03 million, indicating a 3.21% downward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $7.81 per share and a revenue of $277.68 million, demonstrating changes of -13.03% and -9.99%, respectively, from the preceding year. It is also important to note the recent changes to analyst estimates for Innovative Industrial Properties. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 7.82% downward. As of now, Innovative Industrial Properties holds a Zacks Rank of #4 (Sell). In terms of valuation, Innovative Industrial Properties is currently trading at a Forward P/E ratio of 6.71. This valuation marks a discount compared to its industry's average Forward P/E of 10.39. The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 156, which puts it in the bottom 38% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Innovative Industrial Properties, Inc. (IIPR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
