MARKET COMPOSITE
IIPR - Innovative Industrial Properties Inc8:00:01 PM 5/3/2024
Price
$109.48
+ 1.19 (1.10%)
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. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue79.2MM+2%
Operating Income44MM+0%
Operating Expenses35.2MM+4%
Net Income41.6MM+0%
G&A10.9MM-1%
Interest Expense4.1MM-4%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Innovative Industrial Properties (IIPR) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock doesn't suggest further strength down the road.

    The latest trading day saw Innovative Industrial Properties (IIPR) settling at $97.71, representing a -0.17% change from its previous close.

    Despite mixed economic signals, many had foreseen the current stock market correction following its momentous rally over the past year or so. AI tailwinds drove the market to new heights in the first half of the year, but they are now leading the losses. Therefore, a more cautious approach may be warranted, with a focus on the top dividend stocks to buy. A lot is weighing down the current investing sentiment. You have the Middle East and Ukraine conflict, unsettling global markets, and concerns

    Stocks specializing in real estate, such as real estate investment trusts (REITs), are a great option for investors seeking exposure to the real estate market without buying properties for a significant upfront cost. REITs are solid investment options because they typically offer very high dividends to investors. To be classified as real estate investment trusts, companies must distribute at least 90% of their taxable income to shareholders primarily through dividend payments. Below are a few co

    Investor sentiment behind cannabis stocks has swung wildly over the past several years. It always seems to be a case of weighing the opportunity for further legalization against the fundamental realities of the sector. Years ago, when the sector opened up, sentiment was sky high. More recently, as profitability remains elusive, sentiment has waned. Further legalization will open up new avenues for revenue generation which will, in turn, bring firms closer to profitability. Profitability will be

    In the latest trading session, Innovative Industrial Properties (IIPR) closed at $98.69, marking a +0.06% move from the previous day.

    Cannabis stocks may be some of the most controversial investment ideas. But they are also turning out to be one of the most profitable. For example, over the last few weeks, related stocks like Canopy Growth (NASDAQ:CGC) ran from a low of $2.75 to a high of $11.57. And while CGC recently pulled back to $6, it’s just starting to pivot higher again. All thanks to growing U.S. support for legalization — with 88% of the public believing it should be legal for medicinal and recreational use. Florida

    SAN DIEGO, April 22, 2024--Innovative Industrial Properties, Inc. (NYSE: IIPR) announced today it will report results for its first quarter ended March 31, 2024 after the market closes on Wednesday, May 8, 2024.

    Real estate and cannabis are hot topics with investors in 2024. Real estate stands out as a solid investment due to its historical resilience, potential for long-term appreciation, and the ability to generate consistent rental income. Cannabis, on the other hand, is more exciting, offering the opportunity to invest in a rapidly expanding legal market with increasing social acceptance and the potential for significant growth in various sectors, including medicinal and recreational use. While some

    The progress toward legalization of cannabis in the United States continues at a slow pace, but medical marijuana is now permitted in approximately 37 states. Germany recently became the latest country to legalize cannabis for personal use beginning in April, coinciding with the informal holiday of 4/20. It’s the decriminalizing of cannabis at the federal level in the U.S. that would significantly advance the industry.It has been several months since the U.S. Department of Health and Human Servi