Innovative Industrial Properties Stock Today

IIPR Stock  USD 64.62  0.23  0.35%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very Low

 
High
 
Low
Innovative Industrial is selling at 64.62 as of the 26th of March 2025; that is 0.35 percent decrease since the beginning of the trading day. The stock's lowest day price was 64.62. Innovative Industrial has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 26th of December 2024 and ending today, the 26th of March 2025. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
1st of December 2016
Category
Real Estate
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. The company has 28.33 M outstanding shares of which 1.5 M shares are currently shorted by private and institutional investors with about 5.22 trading days to cover. More on Innovative Industrial Properties

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Follow Valuation Options Odds of Bankruptcy
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Innovative Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOPaul Smithers
Thematic IdeaReal Estate (View all Themes)
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Real Estate, Diversified REITs, REIT—Industrial, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.06540.1297
Way Down
Slightly volatile
Gross Profit Margin0.740.9077
Significantly Down
Slightly volatile
Total Current Liabilities92.1 M132.8 M
Way Down
Slightly volatile
Non Current Liabilities Total187.4 M309.2 M
Way Down
Slightly volatile
Total Assets1.5 B2.4 B
Way Down
Slightly volatile
Total Current Assets117.5 M169 M
Way Down
Slightly volatile
Total Cash From Operating Activities271.4 M258.4 M
Sufficiently Up
Slightly volatile
Debt Levels
Innovative Industrial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Innovative Industrial's financial leverage. It provides some insight into what part of Innovative Industrial's total assets is financed by creditors.
Liquidity
Innovative Industrial Properties currently holds 297.87 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Innovative Industrial has a current ratio of 1.11, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Innovative Industrial's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

224.21 Million
Innovative Industrial Properties (IIPR) is traded on New York Stock Exchange in USA. It is located in 1389 Center Drive, Park City, UT, United States, 84098-7660 and employs 22 people. Innovative Industrial is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.88 B. Innovative Industrial conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 28.33 M outstanding shares of which 1.5 M shares are currently shorted by private and institutional investors with about 5.22 trading days to cover. Innovative Industrial Properties currently holds about 87.12 M in cash with 258.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Check Innovative Industrial Probability Of Bankruptcy
Ownership Allocation
Innovative Industrial Properties has a total of 28.33 Million outstanding shares. The majority of Innovative Industrial outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Innovative Industrial to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Innovative Industrial Properties. Please pay attention to any change in the institutional holdings of Innovative Industrial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Innovative Ownership Details

Innovative Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-12-31
198.1 K
Legal & General Group Plc2024-12-31
193.3 K
Jupiter Asset Management Limited2024-12-31
177.8 K
Principal Financial Group Inc2024-12-31
151.4 K
Balyasny Asset Management Llc2024-12-31
144.3 K
Tidal Investments Llc.2024-12-31
135.1 K
Jpmorgan Chase & Co2024-12-31
134.4 K
Lsv Asset Management2024-12-31
120.5 K
D. E. Shaw & Co Lp2024-12-31
112.9 K
Blackrock Inc2024-12-31
5.1 M
Vanguard Group Inc2024-12-31
4.4 M
View Innovative Industrial Diagnostics

Innovative Industrial Historical Income Statement

At this time, Innovative Industrial's Cost Of Revenue is relatively stable compared to the past year. As of 03/26/2025, Total Operating Expenses is likely to grow to about 117.3 M, while Interest Expense is likely to drop slightly above 9.3 M. View More Fundamentals

Innovative Stock Against Markets

Innovative Industrial Corporate Management

Mary CurranIndependent DirectorProfile
Gary KreitzerIndependent Vice Chairman of the BoardProfile
Tracie HagerSenior ManagementProfile
Catherine CPACFO TreasurerProfile
Brian WolfeVice President General Counsel, SecretaryProfile

Additional Tools for Innovative Stock Analysis

When running Innovative Industrial's price analysis, check to measure Innovative Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.