Exhibit 99.1 Innovative Industrial Properties Reports Third Quarter 2024 Results SAN DIEGO, CA – November 6, 2024 – Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the third quarter ended September 30, 2024. Financial Results, Dividend and Capital Raising Activity · Generated total revenues of $76.5 million and net income attributable to common stockho ...

Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $2.25 per share, missing the Zacks Consensus Estimate of $2.29 per share. This compares to FFO of $2.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.75%. A quarter ago, it was expected that this company would post FFO of $2.23 per share when it actually produced FFO of $2.29, delivering a surprise of 2.69%.Over the last four quarter ...

Innovative Industrial Properties (IIPR) ended the recent trading session at $133.75, demonstrating a +0.21% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow lost 0.37%, and the Nasdaq, a tech-heavy index, added 0.78%. Shares of the company witnessed a loss of 0.84% over the previous month, beating the performance of the Finance sector with its loss of 4.84% and underperforming the S&P 500's gain of 1.67%. Analysts and invest ...

Since our buy rating last year, Innovative Industrial Properties (NYSE: IIPR ) has delivered an 88% total return, including dividends, and 11% since our last coverage , outperforming the market. We maintain our bullish Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc ...

Innovative Industrial Properties, Inc. (NYSE: IIPR ) is the leader of the nascent legal cannabis REITs market segment; with an extremely solid financial situation, a safely covered dividend of 5.61%, and plenty of growth potential, this stock is an excellent opportunity Understanding Behavioral Finance is at the core of Mapache Investing's philosophy. We view the markets through the lenses of psychology and aim to avoid the common pitfalls and biases that are the primary causes of losses. With a strong foun ...

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THIEF RIVER FALLS, Minn., Sept. 25, 2024 (GLOBE NEWSWIRE) -- DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, announced the debut of Season 4 of the Factory Tomorrow video series sponsored by Siemens and Banner Engineering. The newest season of the series explores the next wave of innovation in industrial automation solutions for global manufacturing. The modern factory is defined by technology that ...

Innovative Industrial Properties (IIPR) closed at $134.91 in the latest trading session, marking a -0.57% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.19%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.36%. Heading into today, shares of the company had gained 12.23% over the past month, outpacing the Finance sector's gain of 2.92% and the S&P 500's gain of 2.06% in that time. Market participants will be closely following the financia ...

filo Introduction Innovative Industrial Properties (NYSE:IIPR) is a real estate investment trust (REIT) that focuses on the leasing of properties to support the cannabis industry. Back in late 2022, a situation emerged where the company's debt maturing in 2026 was trading at a higher yield than its preferred shares (NYSE:IIPR.PR.A). Today, the bond price is a bit higher, but still yielding a respectable 7.7%. However, a recent sell-off in the preferred shares has the dividend yield rising to over 8.5%, to w ...

Innovative Industrial Properties (IIPR) closed the latest trading day at $126.92, indicating a +1.09% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.75%. Elsewhere, the Dow saw an upswing of 0.58%, while the tech-heavy Nasdaq appreciated by 1%. The company's stock has climbed by 7.73% in the past month, exceeding the Finance sector's gain of 4.06% and the S&P 500's gain of 4.03%. The upcoming earnings release of Innovative Industrial Properties will be ...