Why Innovative Industrial Properties (IIPR) Outpaced the Stock Market Today

Innovative Industrial Properties (IIPR) closed at $123.52 in the latest trading session, marking a +0.48% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a tech-heavy index, added 0.07%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of$ 9.02 per share and a revenue of $309.65 million, representing changes of -0.66% and +0.05%, respectively, from the prior year. The Zacks Rank system, running fro ...