Latest news with #InnovativeIndustrialProperties
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
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.
Business Wire
21-04-2025
- Business
- Business Wire
Innovative Industrial Properties Announces First Quarter 2025 Earnings Release Date and Conference Call
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its first quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, May 7, 2025. Alan Gold, Executive Chairman, Paul Smithers, President and Chief Executive Officer, David Smith, Chief Financial Officer, Catherine Hastings, Chief Operating Officer, and Ben Regin, Chief Investment Officer, will host an investor conference call at 9:00 a.m. Pacific Time on Thursday, May 8, 2025, to discuss the company's financial results and operations for the quarter. The call will be available through a live audio webcast at the Investor Relations section of the company's website at or live by calling 1-877-328-5514 (domestic) or 1-412-902-6764 (international) and asking to be joined to the Innovative Industrial Properties, Inc. conference call. The complete webcast will be archived for 90 days on the company's website. A telephone playback of the conference call will also be available from 12:00 p.m. Pacific Time on Thursday, May 8, 2025 until 12:00 p.m. Pacific Time on Thursday, May 15, 2025 by calling 1‐877‐344‐7529 (domestic), 855‐669‐9658 (Canada) or 1‐412‐317‐0088 (international) and using access code 2796375. About Innovative Industrial Properties Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Additional information is available at
Associated Press
21-04-2025
- Business
- Associated Press
Innovative Industrial Properties Announces First Quarter 2025 Earnings Release Date and Conference Call
SAN DIEGO--(BUSINESS WIRE)--Apr 21, 2025-- Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its first quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, May 7, 2025. Alan Gold, Executive Chairman, Paul Smithers, President and Chief Executive Officer, David Smith, Chief Financial Officer, Catherine Hastings, Chief Operating Officer, and Ben Regin, Chief Investment Officer, will host an investor conference call at 9:00 a.m. Pacific Time on Thursday, May 8, 2025, to discuss the company's financial results and operations for the quarter. The call will be available through a live audio webcast at the Investor Relations section of the company's website at or live by calling 1-877-328-5514 (domestic) or 1-412-902-6764 (international) and asking to be joined to the Innovative Industrial Properties, Inc. conference call. The complete webcast will be archived for 90 days on the company's website. A telephone playback of the conference call will also be available from 12:00 p.m. Pacific Time on Thursday, May 8, 2025 until 12:00 p.m. Pacific Time on Thursday, May 15, 2025 by calling 1‐877‐344‐7529 (domestic), 855‐669‐9658 (Canada) or 1‐412‐317‐0088 (international) and using access code 2796375. About Innovative Industrial Properties Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Additional information is available at View source version on CONTACT: David Smith Chief Financial Officer Innovative Industrial Properties, Inc. (858) 997-3332 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY NATURAL RESOURCES CANNABIS REIT SOURCE: Innovative Industrial Properties, Inc. Copyright Business Wire 2025. PUB: 04/21/2025 06:45 AM/DISC: 04/21/2025 06:46 AM
