Summary. Innovative Industrial Properties stock has dropped by 30% year-to-date. Yet Innovative Industrial Properties’ fundamentals are intact, and we’re maintaining a Strong Buy. We forecast IIPR shares to return 50% annually.
Similarly, 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 stock a REIT? Key Points. IIPR was one of the best-performing growth stocks in the real estate industry over the past five years. But IIPR is no longer the only publicly traded REIT in the medical marijuana industry.
Thereof, What type of REIT is IIPR?
Innovative Industrial Properties (referred to as IIPR moving forward in this article) is a real estate investment trust, or « REIT ». The company owns industrial properties for the production of medical cannabis that it leases to operators. The company’s real estate portfolio includes 69 properties across 18 states.
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 kind of stock is IIPR?
Stock Overview (U.S.: NYSE) | Barron’s.
…
Innovative Industrial Properties Inc.
| Volume | 268.79K |
|---|---|
| Market Value | $4.68B |
| Shares Outstanding | 27.57M |
| EPS (TTM) | $4.56 |
| P/E Ratio (TTM) | 37.19 |
Is IIPR a REIT?
Key Points. IIPR was one of the best-performing growth stocks in the real estate industry over the past five years. But IIPR is no longer the only publicly traded REIT in the medical marijuana industry.
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.
Who are IIPR competitors?
Innovative Industrial Properties Competitors List
| Company | MarketRank | Revenue |
|---|---|---|
| UE Urban Edge Properties | 2.0498 of 5 stars | $425.08M |
| GTY Getty Realty | 2.3498 of 5 stars | $155.41M |
| AHH Armada Hoffler Properties | 2.6514 of 5 stars | $284.08M |
| OPI Office Properties Income Trust | 2.2032 of 5 stars | $576.48M |
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.
What sector is IIPR?
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Consumer Services |
| Industry | Real Estate Investment Trusts |
| 1 Year Target | $270.00 |
What is IIPR PA?
IIPR-PA – Innovative Industrial Properties, Inc.
How can I buy IIPR stock?
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.
Is IIPR on Nasdaq?
Common Stock (IIPR) Real-Time Quotes | Nasdaq .
…
IIPR Real-Time Quotes Live.
| NLS Volume | 488,714 |
|---|---|
| Previous Close | $183.44 |
| Today’s High / Low | $183.99/$168.93 |
| 52 Week High / Low | $288.0161/$162.81 |
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 are innovative industrial properties?
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.
What sector is IIPR in?
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Consumer Services |
| Industry | Real Estate Investment Trusts |
| 1 Year Target | $270.00 |
Does PW pay a dividend?
PW does not currently pay a dividend.
Join TheMoney.co community and don’t forget to share this post !