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.
Correspondingly, Is IIPR a good stock to buy? Investors looking for total return investments with a long term time horizon should strongly consider IIPR. The selloff has pushed the dividend up to 3.2%, which is extremely attractive considering the market conditions and dividend growth potential.
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.
Furthermore, What is IIPR price target?
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 +60.67% increase from the last price of 164.31.
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 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.
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 |
Is Power REIT a buy? When 2022 began, Power REIT (NYSE:PW) was ranked by the Seeking Alpha Quant Ratings as the #1 real estate investment trust to buy, and all the Seeking Alpha authors who wrote articles about this company in January rated it a Buy or Strong Buy. On January 13, the stock price hit a high of $81.99.
Does PW pay a dividend?
PW does not currently pay a dividend.
Who owns IIPR? Top 10 Owners of Innovative Industrial Properties Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| 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 |