A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Correspondingly, What is the target price for IIPR? Innovative Industrial Properties Inc (NYSE:IIPR)
The 7 analysts offering 12-month price forecasts for Innovative Industrial Properties Inc have a median target of 264.00, with a high estimate of 300.00 and a low estimate of 175.00. The median estimate represents a +61.93% increase from the last price of 163.03.
Is IIPR overvalued? Price to Book Ratio
PB vs Industry: IIPR is overvalued based on its PB Ratio (2.9x) compared to the US REITs industry average (1.9x).
Furthermore, Is IIPR undervalued?
The stock of Innovative Industrial Properties (NYSE:IIPR, 30-year Financials) is estimated to be modestly overvalued, according to GuruFocus Value calculation.
Is IIPR a strong buy?
Key Points. IIPR has become one of the hottest REITs with a 935% gain in share price in five years. Despite concern over its future growth prospects, IIPR is generating strong revenue with huge year-over-year gains. With share prices down 24%, it’s a screaming buy for long-term dividend investors.
What sector is IIPR in? Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Consumer Services |
| Industry | Real Estate Investment Trusts |
| 1 Year Target | $270.00 |
How can I invest in IIPR? Find the stock by name or ticker symbol – IIPR – and research it before deciding if it’s a good investment for you. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. Check in on your investment.
What type of REIT is IIPR? About Innovative Industrial Properties, Inc.
A real estate investment trust (REIT) is a corporation that combines the capital of many investors to acquire income producing real estate. As a public company traded on the NYSE, we are uniquely positioned in the industry to access public capital markets.
Who are IIPR competitors?
Innovative Industrial Properties Competitors List
| Company | MarketRank | Revenue |
|---|---|---|
| UE Urban Edge Properties | 2.0232 of 5 stars | $425.08M |
| GTY Getty Realty | 2.3498 of 5 stars | $155.41M |
| AHH Armada Hoffler Properties | 2.3181 of 5 stars | $284.08M |
| OPI Office Properties Income Trust | 2.4032 of 5 stars | $576.48M |
What does IIPR stand for? IIPR
| Acronym | Definition |
|---|---|
| IIPR | Indian Institute of Pulses Research |
| IIPR | Institute of Insurance and Pension Research (Canada) |
| IIPR | Intelligence, Investigation and Protection Resources (Katy, TX) |
What is power REIT?
Power REIT is a real estate investment trust (REIT) that owns real estate assets related to infrastructure assets, including properties for controlled Environment Agriculture (CEA), Renewable Energy and Transportation.
What properties does IIPR own?
- PharmaCann. Buckeye Lake Village, Ohio. …
- PharmaCann. Hamptonburgh, New York. …
- The Pharm/Sunday Goods. Phoenix, Arizona. …
- PharmaCann. Holliston, Massachusetts. …
- The Pharm/Sunday Goods. Willcox, Arizona. …
- Kings Garden. Palm Springs, California. …
- Holistic Industries. Capitol Heights, Maryland. …
- Emerald Growth Partners.
Who owns IIPR?
Top 10 Owners of Innovative Industrial Properties Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 14.56% | 766,428,944 |
| BlackRock Fund Advisors | 14.01% | 737,292,338 |
| SSgA Funds Management, Inc. | 4.99% | 262,633,067 |
| Zimmer Partners LP | 3.02% | 159,185,000 |
Does PW pay a dividend?
PW does not currently pay a dividend.
What does innovative industrial properties own? Innovative Industrial Properties, Inc. (NYSE IIPR) is an internally managed real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities.
Are industrial properties publicly owned? The bottom line on Innovative Industrial Properties
Innovative Industrial Properties is the first publicly-traded REIT focused on owning medical-use cannabis facilities. As of late 2020, it was still the only one after a prospective rival decided not to proceed with a deal that would have qualified it as a REIT.
Is IIPR a REIT?
About Innovative Industrial Properties, Inc.
As a public company traded on the NYSE, we are uniquely positioned in the industry to access public capital markets. As a REIT, one of our most attractive attributes is that we must distribute through a dividend to our stockholders at least 90 percent of our taxable income.