Innovative Industrial Properties (NYSE: IIPR)
Innovative Industrial Properties Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Innovative Industrial Properties Company Info
Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. 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 firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc. The company was founded by Alan D. Gold and Paul E. Smithers on June 15, 2016 and is headquartered in Park City, UT.
News & Analysis
Why Innovative Industrial Properties Stock Plunged Today
Why Innovative Industrial Properties Stock Crumbled Today
Cannabis assets are out of favor just now, and the company's latest news didn't improve the situation.
IIPR Beats Earnings, Raises Guidance
Innovative Industrial Properties exceeded both revenue and earnings estimates in its latest earnings release, demonstrating strong financial health and promising future opportunities.
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Is This 7.5%-Yielding Dividend Stock the Best Bargain Out There for Income Investors?
Innovative Industrial Properties's dividend yield is more than five times higher than the S&P 500 average.
Valuation
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