Innovative Industrial Properties Stock Analysis
IIPR Stock | USD 104.43 0.38 0.36% |
Innovative Industrial Properties is overvalued with Real Value of 81.46 and Target Price of 108.8. The main objective of Innovative Industrial stock analysis is to determine its intrinsic value, which is an estimate of what Innovative Industrial Properties is worth, separate from its market price. There are two main types of Innovative Industrial's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Innovative Industrial's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Innovative Industrial's stock to identify patterns and trends that may indicate its future price movements.
The Innovative Industrial stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Innovative Industrial is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Innovative Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Innovative Industrial's ongoing operational relationships across important fundamental and technical indicators.
Innovative |
Innovative Stock Analysis Notes
About 73.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Innovative Industrial recorded earning per share (EPS) of 5.77. The entity last dividend was issued on the 27th of March 2024. 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. Innovative Industrial operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 22 people. To learn more about Innovative Industrial Properties call Paul Smithers at 858 997 3332 or check out https://www.innovativeindustrialproperties.com.Innovative Industrial Quarterly Total Revenue |
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Innovative Industrial Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Innovative Industrial's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Innovative Industrial Properties or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Innovative Industrial is unlikely to experience financial distress in the next 2 years | |
About 73.0% of the company shares are owned by institutional investors | |
On 15th of April 2024 Innovative Industrial paid $ 1.82 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Innovative Industrial Properties, Inc. Q1 2024 Earnings Call Transcript |
Innovative Industrial Upcoming and Recent Events
Earnings reports are used by Innovative Industrial to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Innovative Industrial previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024 Upcoming Quarterly Report | View | |
13th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
26th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Innovative Largest EPS Surprises
Earnings surprises can significantly impact Innovative Industrial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2018-08-10 | 2018-06-30 | 0.14 | 0.17 | 0.03 | 21 | ||
2018-03-28 | 2017-12-31 | 0.03 | 0.07 | 0.04 | 133 | ||
2017-11-08 | 2017-09-30 | 0.04 | 0.09 | 0.05 | 125 |
Innovative Industrial Thematic Classifications
In addition to having Innovative Industrial stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Real EstateUSA Equities from Real Estate industry as classified by Fama & French |
Innovative Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Innovative Industrial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innovative Industrial Properties backward and forwards among themselves. Innovative Industrial's institutional investor refers to the entity that pools money to purchase Innovative Industrial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 202.6 K | Goldman Sachs Group Inc | 2023-12-31 | 178.1 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 173.8 K | Principal Financial Group Inc | 2023-12-31 | 172.6 K | Amvescap Plc. | 2023-12-31 | 167.6 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 120.4 K | Ameriprise Financial Inc | 2023-12-31 | 108.2 K | American Assets Capital Advisers, Llc | 2023-12-31 | 107.1 K | Rhumbline Advisers | 2023-12-31 | 103.1 K | Blackrock Inc | 2023-12-31 | 5.1 M | Vanguard Group Inc | 2023-12-31 | 4.4 M |
Innovative Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Innovative Industrial's market, we take the total number of its shares issued and multiply it by Innovative Industrial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Innovative Profitablity
Innovative Industrial's profitability indicators refer to fundamental financial ratios that showcase Innovative Industrial's ability to generate income relative to its revenue or operating costs. If, let's say, Innovative Industrial is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Innovative Industrial's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Innovative Industrial's profitability requires more research than a typical breakdown of Innovative Industrial's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.53 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.56 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.56. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.07 | 0.07 | |
Return On Capital Employed | 0.08 | 0.08 | |
Return On Assets | 0.07 | 0.07 | |
Return On Equity | 0.08 | 0.09 |
Management Efficiency
Innovative Industrial has return on total asset (ROA) of 0.0457 % which means that it generated a profit of $0.0457 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0838 %, meaning that it created $0.0838 on every $100 dollars invested by stockholders. Innovative Industrial's management efficiency ratios could be used to measure how well Innovative Industrial manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/12/2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Innovative Industrial's Net Tangible Assets are relatively stable compared to the past year. As of 05/12/2024, Other Assets is likely to grow to about 2.4 B, while Non Current Assets Total are likely to drop slightly above 1.2 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 69.80 | 46.10 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 69.51 | 44.04 | |
Enterprise Value Over EBITDA | 12.33 | 11.71 | |
Price Book Value Ratio | 1.44 | 1.35 | |
Enterprise Value Multiple | 12.33 | 11.71 | |
Price Fair Value | 1.44 | 1.35 | |
Enterprise Value | 3 B | 2.8 B |
The analysis of Innovative Industrial's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Innovative Industrial's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Innovative Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0697 | Forward Dividend Yield 0.0697 | Forward Dividend Rate 7.28 | Beta 1.515 |
Technical Drivers
As of the 12th of May 2024, Innovative Industrial retains the Risk Adjusted Performance of 0.0979, downside deviation of 1.78, and Market Risk Adjusted Performance of 0.2274. Innovative Industrial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Innovative Industrial, which can be compared to its competitors. Please check out Innovative Industrial coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Innovative Industrial is priced fairly, providing market reflects its last-minute price of 104.43 per share. Given that Innovative Industrial Properties has jensen alpha of 0.172, we strongly advise you to confirm Innovative Industrial's regular market performance to make sure the company can sustain itself at a future point.Innovative Industrial Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Innovative Industrial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Innovative Industrial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Innovative Industrial Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Innovative Industrial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Innovative Industrial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Innovative Industrial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Mary Curran over two weeks ago Insider Trading | ||
Catherine Hastings over a month ago Acquisition by Catherine Hastings of 12317 shares of Innovative Industrial subject to Rule 16b-3 | ||
David Stecher over three months ago Sale by David Stecher of 2500 shares of Innovative Industrial | ||
David Stecher over six months ago Acquisition by David Stecher of 2247 shares of Innovative Industrial subject to Rule 16b-3 | ||
Smith David Jon over a year ago Acquisition by Smith David Jon of 13080 shares of Innovative Industrial subject to Rule 16b-3 |
Innovative Industrial Predictive Daily Indicators
Innovative Industrial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Innovative Industrial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 0.0203 | |||
Daily Balance Of Power | (0.18) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 104.77 | |||
Day Typical Price | 104.65 | |||
Market Facilitation Index | 2.15 | |||
Price Action Indicator | (0.52) | |||
Period Momentum Indicator | (0.38) |
Innovative Industrial Corporate Filings
8K | 9th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
3rd of May 2024 Other Reports | ViewVerify | |
1st of April 2024 Other Reports | ViewVerify | |
8K | 4th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 27th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 30th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 19th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
Innovative Industrial Forecast Models
Innovative Industrial's time-series forecasting models are one of many Innovative Industrial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Innovative Industrial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Innovative Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Innovative Industrial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Innovative shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Innovative Industrial. By using and applying Innovative Stock analysis, traders can create a robust methodology for identifying Innovative entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.54 | 0.56 | |
Operating Profit Margin | 0.56 | 0.59 | |
Net Profit Margin | 0.54 | 0.56 | |
Gross Profit Margin | 0.70 | 1.00 |
Current Innovative Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Innovative analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Innovative analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
108.8 | Buy | 7 | Odds |
Most Innovative analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Innovative stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Innovative Industrial, talking to its executives and customers, or listening to Innovative conference calls.
Innovative Stock Analysis Indicators
Innovative Industrial Properties stock analysis indicators help investors evaluate how Innovative Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Innovative Industrial shares will generate the highest return on investment. By understating and applying Innovative Industrial stock analysis, traders can identify Innovative Industrial position entry and exit signals to maximize returns.
Begin Period Cash Flow | 88.6 M | |
Total Stockholder Equity | 2 B | |
Total Liab | 438.1 M | |
Property Plant And Equipment Net | 1.4 M | |
Cash And Short Term Investments | 163.6 M | |
Net Invested Capital | 2.2 B | |
Cash | 141.7 M | |
50 Day M A | 100.172 | |
Net Interest Income | -9.4 M | |
Total Current Liabilities | 132.2 M | |
Forward Price Earnings | 16.2338 | |
Investments | -464 K | |
Interest Expense | 18.1 M | |
Stock Based Compensation | 19.6 M | |
Long Term Debt | 300.9 M | |
Common Stock Shares Outstanding | 28.3 M | |
Quarterly Earnings Growth Y O Y | -0.051 | |
Free Cash Flow | 105.5 M | |
Other Current Assets | -178.7 M | |
Accounts Payable | 21 M | |
Net Debt | 160.7 M | |
Other Operating Expenses | 134.9 M | |
Non Current Assets Total | 2.2 B | |
Liabilities And Stockholders Equity | 2.4 B | |
Non Currrent Assets Other | 14.1 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Industrial Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Innovative Industrial's price analysis, check to measure Innovative Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.
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Is Innovative Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovative Industrial. If investors know Innovative will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovative Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 5.42 | Earnings Share 5.77 | Revenue Per Share 11.021 | Quarterly Revenue Growth (0.01) |
The market value of Innovative Industrial is measured differently than its book value, which is the value of Innovative that is recorded on the company's balance sheet. Investors also form their own opinion of Innovative Industrial's value that differs from its market value or its book value, called intrinsic value, which is Innovative Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovative Industrial's market value can be influenced by many factors that don't directly affect Innovative Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovative Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovative Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovative Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.