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IIPR Stock Price, Chart, Stats & News

Innovative Industrial Properties, Inc.
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1.71B
Market cap
15.20x
Current P/E
13.68x
Forward P/E
12.75%
Dividend yield

IIPR chart

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Fundamentals

Gross margin
74.71%
Operating margin
46.79%
Pretax margin
44.46%
Net margin
44.46%
Effective tax rate
ROA
4.99%
ROE
6.29%
D/E
0.21x
Interest coverage ratio
6.16x

IIPR valuation

P/E
15.20x
P/S
5.39x
P/B
0.77x
P/CF
7.18x
P/FCF
7.23x
P/OCF
7.18x
PEG
-1.67x
EV multiple
5.12x

About

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.

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