Innovative Industrial Properties Inc IIPR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $131.96
- Day Range
- $130.87–132.77
- 52-Week Range
- $69.08–138.35
- Bid/Ask
- $130.92 / $131.96
- Market Cap
- $3.72 Bil
- Volume/Avg
- 92,498 / 174,035
Key Statistics
- Price/Earnings (Normalized)
- 22.52
- Price/Sales
- 11.96
- Dividend Yield (Trailing)
- 5.66%
- Dividend Yield (Forward)
- 5.78%
- Total Yield
- 5.66%
Company Profile
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Small Core
- Total Number of Employees
- 22
Comparables
Valuation
|
Metric
|
IIPR
|
NLCP
|
AIV
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.52 | 15.45 | — |
Price/Book Value | 1.93 | 1.01 | 4.74 |
Price/Sales | 11.96 | 8.43 | 6.24 |
Price/Cash Flow | 14.59 | 9.99 | 22.23 |
Price/Earnings
IIPR
NLCP
AIV
Financial Strength
|
Metric
|
IIPR
|
NLCP
|
AIV
|
|---|---|---|---|
Quick Ratio | 1.10 | 0.94 | 1.33 |
Current Ratio | 1.10 | 0.94 | 1.49 |
Interest Coverage | 10.80 | 67.70 | −4.02 |
Quick Ratio
IIPR
NLCP
AIV
Profitability
|
Metric
|
IIPR
|
NLCP
|
AIV
|
|---|---|---|---|
Return on Assets (Normalized) | 7.50% | 6.48% | −7.90% |
Return on Equity (Normalized) | 9.25% | 6.95% | −43.02% |
Return on Invested Capital (Normalized) | 8.18% | 6.78% | −7.02% |
Return on Assets
IIPR
NLCP
AIV
REIT - Industrial Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Prologis Inc
PLD
| Xqdlxtp | Cswdt | $113.4 Bil | |||
| Public Storage
PSA
| Lsvgkrss | Wzfly | $60.5 Bil | |||
| Extra Space Storage Inc
EXR
| Fwjshfpjms | Jprd | $35.9 Bil | |||
| Lineage Inc REIT
LINE
| — | Mgzzr | $17.5 Bil | |||
| Segro PLC
SEGXF
| — | Klpz | $14.9 Bil | |||
| CubeSmart
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| Twsghvghf | Wcnbn | $11.5 Bil | |||
| Rexford Industrial Realty Inc
REXR
| — | Hwnf | $10.6 Bil | |||
| CapitaLand Ascendas REIT Units
ACDSF
| — | Rwjg | $9.7 Bil | |||
| EastGroup Properties Inc
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| — | Wyh | $8.8 Bil | |||
| Americold Realty Trust Inc
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| Cyrskhnh | Ptn | $7.8 Bil |
United States