Innovative Industrial Properties Inc

$256.83 0.00% ($0.00)
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About Innovative Industrial Properties Inc

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated state-licensed cannabis facilities. It acquires properties through sale-leaseback transactions and third-party purchases. The Company partners with medical-use cannabis operators and serves as a source of capital by acquiring and leasing back their real estate assets, in addition to offering other real estate-based capital solutions. It partners with licensed operators across all product types: cultivation, processing, distribution and retail. The Company owns approximately 69 properties located in 18 states totaling approximately 6.2 million rentable square feet.

Stock Analysis

last close $265.55
1-mo return 0.9%
3-mo return 10.4%
avg daily vol. 200.41T
52-week high 288.02
52-week low 146.81
market cap. $6.4B
forward pe 45.4
annual div. 6
roe 7.7%
ltg forecast -
dividend yield 2.26%
annual rev. $183M
inst own. 78.9%
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