Innovative Industrial Properties, Inc.IIPR

$59.60+0.95 (+1.62%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$2B
Small-cap
+2444%
2016 — today
10-Year Price
+199%
2016 — today
52-Week Range
$44.58$61.77
Current $59.60· 87%

Innovative Industrial Properties, Inc. is an independently managed, Maryland-based corporation primarily focused on acquiring, owning, and overseeing unique real estate assets. These properties are subsequently leased to experienced, state-licensed operators who utilize them for their regulated medical cannabis facilities. For tax purposes, the company adopted the structure of a Real Estate Investment Trust (REIT) starting from the end of 2017.

Valuation in context

P/E ratio
15.2
Below average
Below the 10-year average
P/B ratio
0.9
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
9.1
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
12.8%
Historically high
Historically high relative to the last 10 years
PEG ratio
7.6
Near historic high
Near historic highs — last 10 years
FCF Yield
11.6%
Historically high
Historically high relative to the last 10 years
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