Innovative Industrial Pro...

52.43
-4.06 (-7.19%)
At close: Apr 03, 2025, 3:59 PM
52.18
-0.48%
Pre-market: Apr 04, 2025, 04:58 AM EDT

Innovative Industrial Properties Statistics

Share Statistics

Innovative Industrial Properties has 28.33M shares outstanding. The number of shares has increased by 0.01% in one year.

Shares Outstanding 28.33M
Shares Change (YoY) 0.01%
Shares Change (QoQ) 0%
Owned by Institutions (%) 70.75%
Shares Floating 27.87M
Failed to Deliver (FTD) Shares 378
FTD / Avg. Volume 0.11%

Short Selling Information

The latest short interest is 1.46M, so 5.15% of the outstanding shares have been sold short.

Short Interest 1.46M
Short % of Shares Out 5.15%
Short % of Float 5.22%
Short Ratio (days to cover) 2.63

Valuation Ratios

The PE ratio is 11.77 and the forward PE ratio is 13.57. Innovative Industrial Properties's PEG ratio is -4.28.

PE Ratio 11.77
Forward PE 13.57
PS Ratio 6.1
Forward PS 4.9
PB Ratio 0.97
P/FCF Ratio 7.28
PEG Ratio -4.28
Financial Ratio History

Enterprise Valuation

Innovative Industrial Properties has an Enterprise Value (EV) of 2.03B.

EV / Sales 6.59
EV / EBITDA 8.17
EV / EBIT 7.86
EV / FCF 7.86

Financial Position

The company has a current ratio of 1.27, with a Debt / Equity ratio of 0.15.

Current Ratio 1.27
Quick Ratio 1.27
Debt / Equity 0.15
Debt / EBITDA 1.2
Debt / FCF 1.15
Interest Coverage 10.35

Financial Efficiency

Return on Equity is 8.26% and Return on Invested Capital is 7.5%.

Return on Equity 8.26%
Return on Assets 6.72%
Return on Invested Capital 7.5%
Revenue Per Employee $14.02M
Profits Per Employee $7.27M
Employee Count 22
Asset Turnover 0.13
Inventory Turnover n/a

Taxes

Income Tax 0
Effective Tax Rate 0%

Stock Price Statistics

The stock price has increased by -47.83% in the last 52 weeks. The beta is 1.63, so Innovative Industrial Properties's price volatility has been higher than the market average.

Beta 1.63
52-Week Price Change -47.83%
50-Day Moving Average 69.07
200-Day Moving Average 101.45
Relative Strength Index (RSI) 25.11
Average Volume (20 Days) 358.26K

Income Statement

In the last 12 months, Innovative Industrial Properties had revenue of 308.52M and earned 159.86M in profits. Earnings per share was 5.66.

Revenue 308.52M
Gross Profit 280.05M
Operating Income 168.34M
Net Income 159.86M
EBITDA 248.72M
EBIT 177.91M
Earnings Per Share (EPS) 5.66
Full Income Statement

Balance Sheet

The company has 146.25M in cash and 297.87M in debt, giving a net cash position of -151.62M.

Cash & Cash Equivalents 146.25M
Total Debt 297.87M
Net Cash -151.62M
Retained Earnings 0
Total Assets 2.38B
Working Capital 36.26M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 258.45M and capital expenditures 0, giving a free cash flow of 258.45M.

Operating Cash Flow 258.45M
Capital Expenditures 0
Free Cash Flow 258.45M
FCF Per Share 9.16
Full Cash Flow Statement

Margins

Gross margin is 90.77%, with operating and profit margins of 54.57% and 51.81%.

Gross Margin 90.77%
Operating Margin 54.57%
Pretax Margin 51.81%
Profit Margin 51.81%
EBITDA Margin 80.62%
EBIT Margin 54.57%
FCF Margin 83.77%

Dividends & Yields

IIPR pays an annual dividend of $7.6, which amounts to a dividend yield of 14.05%.

Dividend Per Share $7.60
Dividend Yield 14.05%
Dividend Growth (YoY) 4.4%
Payout Ratio 137.68%
Earnings Yield 8.5%
FCF Yield 13.74%
Dividend Details

Analyst Forecast

The average price target for IIPR is $92.5, which is 76.4% higher than the current price. The consensus rating is "Hold".

Price Target $92.5
Price Target Difference 76.4%
Analyst Consensus Hold
Analyst Count 7
Stock Forecasts

Scores

Altman Z-Score 2.41
Piotroski F-Score 7