Innovative Stock Analysis

IIPR
 Stock
  

USD 102.78  1.85  1.77%   

The latest fall in stock price may raise some interest from retail investors. The stock closed today at a share price of 102.78 on 386,700 in trading volume. The company management teams have failed to build on market volatilities in July. However, diversifying your overall positions with Innovative Industrial may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.24. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Innovative Industrial Properties partners.
Please see Risk vs Return Analysis.
  
The Innovative Industrial stock analysis report makes it easy to digest most publicly released information about Innovative Industrial and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Innovative Stock analysis module also helps to analyze the Innovative Industrial price relationship with some important fundamental indicators such as market cap and management efficiency.

Innovative Stock Analysis Notes

About 70.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.54. Some equities with similar Price to Book (P/B) outperform the market in the long run. Innovative Industrial last dividend was issued on the 29th of June 2022. 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 21 people. To learn more about Innovative Industrial Properties call Paul Smithers at 858 997-3332 or check out www.innovativeindustrialproperties.com.

Innovative Industrial Quarterly Cost of Revenue

2.43 Million

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 generated a negative expected return over the last 90 days
Innovative Industrial has high historical volatility and very poor performance
Innovative Industrial Properties was also traded as Innovative Industrial Propertie on NYQ Exchange under the symbol IIPR-PA.
About 70.0% of the company shares are owned by institutional investors
On 15th of July 2022 Innovative Industrial paid $ 1.75 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Innovative Industrial exotic insider transaction detected

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.
Upcoming Quarterly Report23rd of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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
2018-06-300.140.170.0321 
2018-03-28
2017-12-310.030.070.04133 
2017-08-09
2017-06-300.060.10.0466 
View All Earnings Estimates

Innovative Industrial SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Innovative Industrial prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Innovative Industrial investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Innovative Industrial specific information freely available to individual and institutional investors to make a timely investment decision.
4th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
14th of July 2022
Financial Statements and Exhibits. Other Events
View
18th of May 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders
View
11th of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
5th of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Entry into a Material Definitive Agreement
View
28th of February 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
24th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

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 Estate
USA Equities from Real Estate industry as classified by Fama & French

Innovative Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 2.31 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 these 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 54.43 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 85.94 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.86.
Last ReportedProjected for 2022
Return on Investment 7.52  8.12 
Return on Average Assets 0.06  0.06 
Return on Average Equity 0.07  0.08 
Return on Invested Capital 0.06  0.06 
Return on Sales 0.65  0.70 

Management Efficiency

The entity has return on total asset (ROA) of 4.72 % which means that it generated profit of $4.72 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 7.78 %, meaning that it created $7.78 on every $100 dollars invested by stockholders. Innovative Industrial 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 08/18/2022, Return on Investment is likely to grow to 8.12. Also, Return on Average Assets is likely to grow to 0.06. Innovative Industrial Tangible Asset Value is relatively stable at the moment as compared to the past year. Innovative Industrial reported last year Tangible Asset Value of 2.08 Billion
Last ReportedProjected for 2022
Book Value per Share 67.43  58.98 
Enterprise Value over EBIT 50.00  53.95 
Enterprise Value over EBITDA 37.94  37.18 
Price to Book Value 3.90  3.26 
Tangible Assets Book Value per Share 86.83  74.08 
Enterprise Value6.6 B7.1 B
Tangible Asset Value2.1 B2.2 B

Technical Drivers

As of the 18th of August 2022, Innovative Industrial retains the risk adjusted performance of (0.14), and Market Risk Adjusted Performance of (0.36). 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 102.78 per share. Given that Innovative Industrial Properties has jensen alpha of (0.47), 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

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Triangular Moving Average shows Innovative Industrial double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
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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.

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.

Innovative Industrial Forecast Models

Innovative Industrial time-series forecasting models is one of many Innovative Industrial's stock analysis techniquest aimed to predict 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 ReportedProjected for 2022
Operating Margin 66.18  52.88 
EBITDA Margin 0.85  0.92 
Gross Margin 0.98  0.84 
Profit Margin 0.63  0.68 
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 21 people.

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 PriceAdvice# of Analysts
276.5Buy6Odds
Innovative Industrial Properties current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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.
Quick Ratio0.78
Trailing Annual Dividend Rate5.46
Fifty Two Week Low88.38
Revenue Growth50.40%
Payout Ratio127.59%
Average Daily Volume Last 10 Day267.04k
Shares Short Prior Month1.75M
Average Daily Volume In Three Month312.31k
Earnings Growth26.60%
Shares Percent Shares Out7.74%
Earnings Quarterly Growth35.20%
Gross Margins97.50%
Forward Price Earnings15.42
Short Percent Of Float11.11%
Float Shares27.59M
Fifty Two Week High288.02
Fifty Day Average109.48
Enterprise Value To Ebitda15.30
Two Hundred Day Average181.91
Enterprise Value To Revenue13.15
Trailing Annual Dividend Yield5.79%
Please see Risk vs Return Analysis. Note that the Innovative Industrial information on this page should be used as a complementary analysis to other Innovative Industrial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Innovative Stock analysis

When running Innovative Industrial 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 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 YOY
0.21
Market Capitalization
2.9 B
Quarterly Revenue Growth YOY
0.44
Return On Assets
0.0439
Return On Equity
0.0768
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 Innovative Industrial value 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.