Company Overview
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Company Information
- CEO
- Paul E. Smithers
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Employees
- 21
Contact Information
- Address
- 1389 Center Drive
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Real Estate leader with 1.58B market capitalization
- Trading Volume: 112.70K shares traded today
- Price Range: 52-week range of $45.44 - $138.35
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. (IIPR) operates in the REIT - Industrial industry within the Real Estate sector. With a current market capitalization of 1.58B, the company represents a significant player in its market. The stock is currently trading at $56.25 with a negativedaily change of 0.09%.
The company's 21 employee base and presence on the New York Stock Exchangeexchange position it as a Real Estate sector leader. Investors should consider the stock's P/E ratio of 12.15, beta of 1.68, and 52-week price range from $45.44 to $138.35when evaluating investment opportunities.
Why Invest in Innovative Industrial Properties, Inc.?
Strengths
- • Established market presence in Real Estate
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Paul E. Smithers
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Real Estate Stocks
About Real Estate Sector
The Real Estate sector includes companies that own, develop, and manage real estate properties including commercial, residential, and industrial.