Innovative Industrial Pro... (IIPR)
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 (%) | 70.9% |
| Shares Floating | 27.87M |
| Failed to Deliver (FTD) Shares | 356 |
| FTD / Avg. Volume | 0.09% |
Short Selling Information
The latest short interest is 1.57M, so 5.55% of the outstanding shares have been sold short.
| Short Interest | 1.57M |
| Short % of Shares Out | 5.55% |
| Short % of Float | 8.52% |
| Short Ratio (days to cover) | 2.87 |
Valuation Ratios
The PE ratio is 11.77 and the forward PE ratio is 10.74. Innovative Industrial Properties's PEG ratio is -2.85.
| PE Ratio | 11.77 |
| Forward PE | 10.74 |
| PS Ratio | 6.1 |
| Forward PS | 5.1 |
| PB Ratio | 0.97 |
| P/FCF Ratio | 7.28 |
| PEG Ratio | -2.85 |
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 -45.01% 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 | -45.01% |
| 50-Day Moving Average | 63 |
| 200-Day Moving Average | 97.15 |
| Relative Strength Index (RSI) | 43.74 |
| Average Volume (20 Days) | 386.33K |
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 5.58.
| 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) | 5.58 |
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 |
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 |
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 | 139.19% |
| Earnings Yield | 8.5% |
| FCF Yield | 13.74% |
Analyst Forecast
The average price target for IIPR is $90, which is 67.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $90 |
| Price Target Difference | 67.5% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 2.32 |
| Piotroski F-Score | 7 |