Innovative Industrial Properties(IIPR)

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Innovative Industrial Properties, Inc. (IIPR) Announces First Quarter 2025 Earnings Release Date and Conference Call
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-04-21 14:11
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its first quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, May 7, 2025.Alan Gold, Executive Chairman, Paul Smithers, President and Chief Executive Officer, David Smith, Chief Financial Officer, Catherine Hastings, Chief Operating Officer, and Ben Regin, Chief Investment Officer, will host an investor conference call at 9:00 a.m. Pacific Time on Thursday, May 8, 2025, to discus ...
Innovative Industrial Properties: Dividend Investors Tread Carefully With This 14% Yield (Rating Downgrade)
Seeking Alpha· 2025-04-08 10:32
Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income ...
Innovative Industrial Properties (IIPR) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-04-04 23:20
Group 1 - Innovative Industrial Properties (IIPR) ended the recent trading session at $53.43, showing a +1.93% change from the previous day's closing price, outperforming the S&P 500's daily loss of 5.98% [1] - Over the past month, shares of IIPR have decreased by 27.95%, which is significantly worse than the Finance sector's loss of 5.99% and the S&P 500's loss of 7.66% [1] Group 2 - IIPR is projected to report earnings of $2.06 per share in the upcoming earnings report, reflecting a year-over-year decline of 6.79%, with anticipated revenue of $73.03 million, indicating a 3.21% decrease from the same quarter last year [2] - For the full year, the Zacks Consensus Estimates project earnings of $7.81 per share and revenue of $277.68 million, representing declines of -13.03% and -9.99% respectively from the previous year [3] Group 3 - Recent changes to analyst estimates for IIPR indicate a correlation with near-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations and profit generation capabilities [4] - The Zacks Rank system, which assesses stock performance based on estimate changes, currently ranks IIPR at 4 (Sell), with a downward shift of 7.82% in the consensus EPS estimate over the past month [6] Group 4 - IIPR is trading at a Forward P/E ratio of 6.71, which is lower than the industry's average Forward P/E of 10.39, indicating a valuation discount [7] - The REIT and Equity Trust - Other industry, to which IIPR belongs, has a Zacks Industry Rank of 156, placing it in the bottom 38% of over 250 industries [7]
3 Marijuana Stocks That Could Be Top Market Performers
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-04-02 14:40
Here Is How The Cannabis Industry Can Help Marijuana StocksThe cannabis sector has, in a cliche way, grown from the ground up. With many hurdles, the legal market worldwide has come a long way. Yet there has been more invested interest is towards in the future of this space. From preserving what once was and integrating up-to-date and more current methods at every step of the process.Cannabis culture has expanded its roots into many homes and places. As well as the paths of people wanting to invest and figu ...
Innovative Industrial: Yield Jumps To 14%
Seeking Alpha· 2025-03-31 20:05
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Innovative Industrial: Projecting Worst Case Outcomes And Potential Dividend Cut (Rating Upgrade)
Seeking Alpha· 2025-03-31 17:05
Innovative Industrial Properties, Inc. (NYSE: IIPR ) has fallen back into the bargain bin. The US cannabis sector has been hit hard as hopes for regulatory reform are fading. Meanwhile, pricing pressures continue as its operator tenants deal with competition from the I am long all positions in the Best of Breed Growth Stocks Portfolio. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a part ...
Better Beaten-Down Dividend Stock to Buy: Innovative Industrial Properties or Medical Properties Trust?
The Motley Fool· 2025-03-20 11:40
Core Viewpoint - Real estate investment trusts (REITs) are popular among income-seeking investors due to their requirement to distribute most earnings as dividends, but they face challenges that can threaten dividend payouts [1] Group 1: Innovative Industrial Properties (IIP) - IIP focuses on the medical cannabis industry by purchasing real estate from marijuana growers and leasing it back to them [2] - The cannabis industry has faced difficulties, impacting IIP's operations, including declining revenue and earnings, and a significant tenant, PharmaCann, defaulting on rent obligations, which accounted for about 17% of IIP's rental revenue [4] - A deal was reached with PharmaCann for repayment of owed rent and a new lease agreement, while IIP continues to own 109 properties across 19 states, with medical cannabis legal in 38 states [5] - IIP has maintained its dividend despite recent challenges, appealing to investors looking for resilient dividend options [6] Group 2: Medical Properties Trust (MPT) - MPT operates medical facilities and has faced issues with two tenants declaring bankruptcy, leading to financial difficulties and reduced payouts [7] - MPT has begun addressing these challenges by securing new tenants for facilities previously occupied by Steward Health Care, with average lease terms of about 18 years [8] - MPT has 396 medical properties across the U.S. and Europe, and despite recent challenges, it is expected to benefit from long-term trends in the healthcare sector, such as an aging population [9] Group 3: Investment Comparison - IIP generates higher funds from operations and has a significantly higher annual dividend per share and trailing-12-month dividend yield compared to MPT [11] - MPT operates in the medical industry, which has strong long-term prospects, while the future of the cannabis sector remains uncertain [12] - The uncertainty surrounding the cannabis industry raises questions about IIP's future performance, while MPT is expected to gradually return to stable financial results and increase dividends [13] - The choice between IIP and MPT depends on investor preferences, with bullish investors on cannabis favoring IIP and risk-averse investors opting for MPT [14]
IIPR Lawsuit Lead Plaintiff Deadline Is March 18th- Contact the DJS Law Group to Discuss Your Rights
Prnewswire· 2025-03-18 13:51
LOS ANGELES, March 18, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Innovative Industrial Properties, Inc. ("Innovative" or "the Company") (NYSE: IIPR) for violations of the federal securities laws.Shareholders who purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 18, 2025.CASE DETAILS: According to the Complaint the company allegedly made misl ...
IIPR Investors Have Final Opportunity to Lead Innovative Industrial Properties, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-03-18 12:38
LOS ANGELES, March 18, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Innovative Industrial Properties, Inc. ("IIPR" or "the Company") (NYSE: IIPR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (t ...
The Gross Law Firm Notifies Innovative Industrial Properties, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - IIPR
Prnewswire· 2025-03-17 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Innovative Industrial Properties, Inc. (IIPR) regarding a class action lawsuit due to alleged misleading statements and undisclosed information that may have affected the company's stock value [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from February 27, 2024, to December 19, 2024, IIPR made materially false and misleading statements, failing to disclose significant declines in rent and property-management fees related to certain customer leases [1] - It is claimed that these issues would likely impair the company's ability to maintain funds from operations and revenue growth [1] - The leasing operations of IIPR were reportedly less profitable than represented to investors, leading to materially false and misleading public statements [1] Class Action Details - Shareholders who purchased IIPR shares during the specified class period are encouraged to register for the class action, with a deadline set for March 18, 2025 [2] - Registration allows shareholders to be enrolled in a portfolio monitoring system for updates throughout the case lifecycle [2] Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]