Innovative Industrial Properties, Inc. (IIPR)

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Evaluation: Based on all recent filings, financial statements, and news.

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Company performance
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Current Price

as of May 16, 2025

$56.96

P/E Ratio

10.66

Market Cap

$1.55B

Description
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Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc. It operates through the following geographical segments: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. The company was founded by Alan D. Gold, Gary A. Kreitzer, and Paul E. Smithers on June 15, 2016 and is headquartered in Park City, UT.

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Overview

  • HQPark City, UT
  • SectorFinance
  • IndustryReal Estate Investment Trusts
  • TickerIIPR
  • Price$56.96+2.72%

Trading Information

  • Market cap$1.55B
  • Float98.41%
  • Average Daily Volume (1m)252,554
  • Average Daily Volume (3m)386,945
  • EPS$5.26

Company

  • Revenue$304.78M
  • Rev growth (1yr)-4.95%
  • Net income$30.33M
  • Gross margin64.07%
  • EBITDA margin77.91%
  • EBITDA$55.88M
  • EV$1.74B
  • EV/Revenue5.70
  • P/E10.66
  • P/S5.20
  • P/B0.83
  • Debt/Equity15.11
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