Revenue segments as reported by the company.

Rental (including tenant reimbursements)

Other revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Property expenses

General and administrative

Depreciation expense

Gain on sale of real estate

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Innovative Industrial Properties

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. It operates through the following geographical segments: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia and Washington. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc. The company was founded by Alan D. Gold and Paul E. Smithers on June 15, 2016 and is headquartered in Park City, UT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Innovative Industrial Properties (IIPR) reports robust 2022 performance amidst industry challenges

Innovative Industrial Properties (IIPR) navigated challenges in the regulated cannabis industry while reporting strong financial performance in 2022. The company remains focused on re-leasing properties, collecting rents, and strategically deploying capital. Despite market dynamics and tenant issues, IIPR is optimistic about long-term industry growth.

Innovative Industrial Properties reports strong Q1 performance amidst industry challenges

IIPR's Q1 performance reflects resilience amidst challenges in the cannabis industry.
Maintaining strong credit metrics and cautious approach to tenant struggles and regulatory changes.
Opportunities in state-specific programs and potential federal legislation support growth outlook.
Focus on strong tenants and industry growth while ensuring shareholder compensation.

Innovative Industrial Properties reports robust Q2 performance amidst industry challenges

Innovative Industrial Properties (IIPR) delivered strong financial results, showcasing resilience and growth potential amidst industry challenges and economic uncertainties.
The company's strategic focus on tenant monitoring, market adaptability, and team quality positions it well for future growth and expansion.
Despite facing tenant defaults and market uncertainties, IIPR remains optimistic about the cannabis industry, emphasizing financial stability, and growth opportunities in new states.

Innovative Industrial Properties (IIPR) reports robust Q3 earnings amidst industry challenges

Innovative Industrial Properties (IIPR) delivered strong financial performance in Q3 2023, supported by robust revenues and diligent rent collection.
Despite facing challenges in the regulated cannabis industry and market dynamics, IIPR's proactive approach and strong balance sheet position it for long-term success.
Opportunities in addressing industry challenges and leveraging growth prospects underscore IIPR's strategic resilience and commitment to value creation.
Management's optimism and strategic focus on operational efficiency and market opportunities bode well for IIPR's future performance and shareholder value.

Innovative Industrial Properties reports strong Q4 performance and growth outlook

Innovative Industrial Properties (IIPR) delivered robust financial results, showcasing growth, profitability, and operational efficiency in Q4 2023.
Despite challenges in revenue timing uncertainties and market dynamics, IIP's strengths in financial stability, diversified portfolio, and product quality position it well for future growth.
Opportunities lie in expanding the property portfolio, leveraging indoor product advantages, and exploring growth avenues in tenant operations and industry trends for sustained success.

Innovative Industrial Properties reports stable Q1 performance amidst industry challenges

Innovative Industrial Properties delivered stable financial performance in Q1, focusing on operational expansion and maintaining a strong balance sheet.
The company faces challenges from market dynamics and regulatory uncertainties but is well-positioned to capitalize on growth opportunities.
With a strategic approach to leasing, investments, and portfolio management, the company navigates industry challenges while seeking operational efficiencies.
Analyst inquiries highlighted the company's resilience, potential impacts of legislative changes, and the importance of addressing market dynamics.

Innovative Industrial Properties reports robust Q2 earnings amidst market expansion

Innovative Industrial Properties (IIPR) delivered a strong Q2 performance with solid financial results and strategic growth initiatives.
Despite regulatory uncertainties, IIPR's financial stability, diversified portfolio, and growth prospects position it well for future success.
The company's focus on market expansion, operational efficiency, and prudent investments underscores its resilience and potential for sustained growth.

Innovative Industrial Properties (IIPR) excels in Q3 amidst industry challenges

Innovative Industrial Properties (IIPR) delivers a solid Q3 performance, showcasing financial stability and strategic positioning in a challenging industry. The company's strong liquidity, low leverage, and diversified portfolio set a solid foundation for future growth and investment opportunities amidst evolving market dynamics.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. It operates through the following geographical segments: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc. The company was founded by Alan D. Gold, Gary A. Kreitzer and Paul E. Smithers on June 15, 2016 and is headquartered in Park City, UT.

Innovative Industrial Properties (IIPR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Innovative Industrial Properties (IIPR) Upgraded to Buy: Here's What You Should Know

CBRE Group

Equinix

Public Service Enterprise Group

Public Storage

STAG Industrial

T-Mobile US

Cash is the lifeblood of any business, and the end goal of every startup is to generate as much cash as it can and then return that cash to its shareholders through either buybacks or dividends. While it's exciting to invest in growth companies and startups in the hopes that they will deliver significant returns in the long run, this approach also exposes you to significant risk.

Legal Money Printer? 7 No-Brainer Stocks for Endless Income Streams.

Cronos Group

GrowGeneration Corp

Some of the best cannabis stocks to buy could be in for a breakthrough in the second-quarter of 2024. Germany recently green-lit cannabis for personal use, and the potential Joe Biden re-election in the U.S. presidential election could spur robust growth across the sector.

The 3 Best Cannabis Stocks to Buy in Q2 2024

Americold Realty

First Industrial Realty Trust

Lexington Realty

Prologis

Plymouth Industrial REIT

Rexford Industrial Realty

Terreno Realty

Industrial real estate has experienced strong demand growth, leading to an increase in development of new warehouses. The supply and demand for industrial real estate vary by location, resulting in pockets of both strength and weakness. The future winners in the industrial real estate sector can be estimated by studying valuation and operating fundamentals.

Industrial Real Estate: Opportunities Amidst Supply And Demand Boom

British American Tobacco

Oaktree Specialty Lending

Passive income provides a consistent source of income without active engagement. This type of income is a mark of financial independence in pursuing financial stability and progress.

3 High-Yield Dividend Stocks to Buy for Passive Income in March

NewLake Capital Partners, Inc.

Chicago Atlantic Real Estate Finance

The U.S. cannabis industry is on the brink of something big, drawing attention from investors far and wide. As laws evolve, this market gears up for an impressive leap forward in top marijuana stocks. Enter Cannabis REITs – these are your golden tickets to dip your toes into the cannabis pool without the wild ride of direct stock investments. Also, they lend a helping hand to cannabis companies by providing much-needed real estate capital, crucial for their growth and operations. This week, a handful of top Cannabis REITs are making waves thanks to their solid portfolios and intelligent market moves. They're worth watching for anyone interested in tapping into the industry's potential without getting too caught up in its volatility.

Green Real Estate Boom: Must-See Cannabis REITs for Q3 2024

Green Thumb Industries Inc.

Amplify Alternative Harvest ETF

Cannabis may be one of the more controversial investment topics. But with more states legalizing its use, a fight to change its Schedule 1 status, and Kamala Harris saying, “we need to legalize marijuana,” related cannabis stocks could see higher highs.

3 Smoking-Hot Opportunities in Cannabis Stocks

Innovative Industrial Properties (IIPR) closed the most recent trading day at $97.60, moving +0.36% from the previous trading session.

Innovative Industrial Properties (IIPR) Advances But Underperforms Market: Key Facts

Enterprise Products Partners

Golub Capital BDC

Altria

Universal Health Realty Income Trust

Universal Corp

The stock market is a dynamic place to invest, and selecting the correct equities to add to a portfolio may be likened to unearthing treasures within an enormous mine. When pursuing financial expansion, dividend stocks stand out as stability and income production pillars.

7 Superstar Stocks to Supercharge Your Dividend Returns

WM Technology

With 38 states now legalizing the use of medical cannabis, the market for cannabis stocks is better than ever. It is expected to grow tremendously in the years to come.

Hot Stocks: The 3 Best Opportunities for Investing in Cannabis

Agree Realty

AGNC Investment

Digital Realty Trust

Medical Properties Trust

ProShares S&P MidCap 400 Dividend Aristocrats ETF

AT&T

Millions of Americans will get money back from Uncle Sam. They'll use it for entertainment, to pay down high-interest debt, build an emergency fund, pay their future selves in a retirement account, save for college, or even take the family away for a bit.

From Refund to Riches: 7 Stocks to Invest Your Tax Return Like a Pro

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a first quarter 2024 dividend of $1.82 per share of common stock. The common stock dividends declared for the last twelve months total $7.24 per common share. Additionally, IIP announced today that its board of directors has declared a.

Innovative Industrial Properties Declares First Quarter 2024 Dividends

Salesforce

Sprouts Farmers Markets

The stock market has been performing very well recently, with the impressive growth of the S&P 500 Index, which has surged by 15% just within the last six months. It's bolstered by the boom in artificial intelligence ( AI ) and similar technology, reduced inflation and hopes of interest rate cuts during 2024.

Protect Your Portfolio: 3 Stocks to Own in an Unpredictable Market

Innovative Industrial Properties revenue and profit rose last quarter. The real estate investment trust has been growing alongside the cannabis industry, and that is evident through its dividend increases.

Is This 7.4%-Yielding Dividend Stock the Best Bargain Out There for Income Investors?

Park Hotels & Resorts

Vici Properties

Real Estate Investment Trusts (REITs) are companies that own, operate or finance real estate properties. They offer investors the opportunity to gain exposure to the real estate market without the upfront investment of purchasing a property.

The 3 Most Undervalued REITs to Buy in March 2024

Curaleaf Holdings, Inc.

Amidst a shifting landscape, undervalued cannabis stocks are catching the eye of savvy investors. The U.S. government's potential de-scheduling of marijuana and a Gallup survey revealing a 70% approval rate for federal-level legalization signal a notable shift in public sentiment and policy.

The 3 Most Undervalued Cannabis Stocks to Buy in March 2024

As we head for the second quarter of 2024, the US cannabis industry and top marijuana stocks offer intriguing investment opportunities amid evolving legal landscapes and consumer trends. Top cannabis companies diversify their offerings, expand into new markets, and solidify their financial standings, signaling robust growth prospects. This sector's dynamism, driven by legislative advancements and changing societal attitudes toward cannabis use, underscores its potential for investors.

March 2024 Watchlist: Leading Marijuana Stocks in the US Market

Innovative Industrial Properties is a specialty REIT focused on the regulated cannabis industry, primarily owning industrial-scale greenhouses used for cannabis cultivation. The stock has seen a massive correction over the past 2 years due to concerns about tenant quality and valuation. EV per sqf is ~70% higher than Prologis, despite lower asset quality, and is ~30% higher than replacement cost.

Innovative Industrial Properties: Will It Have You Rolling In The Green?

Scotts Miracle-Gro

Imperial Brands PLC

If you're looking for the top cannabis stocks to buy, I know an exchange traded fund (ETF) that has performed exceptionally well, relatively speaking, over the past three years. It's down 32.7%, but that's better than all the other major cannabis ETFs available.

The Top 3 Cannabis Stocks to Buy in March 2024

Annaly Capital

Realty Income Corp

Over the past half-century, dividend stocks have more than doubled up the average annual return of nonpayers (9.18% vs. 3.95%). Although risk tends to rise with yield, proper vetting can uncover some truly phenomenal income stocks.

Want $1,000 in Safe Annual Dividend Income? Invest $11,150 Into the Following 3 Ultra-High-Yield REITs.

This week, the spotlight shines on top Cannabis Real Estate Investment Trusts (REITs), pivotal players in the burgeoning U.S. cannabis sector. As state-level legalization expands, these REITs offer investors a unique entry point. They finance the growth of dispensaries and cultivation centers. The promise of high yields magnifies this sector's allure, especially in a market carving its niche amidst regulatory challenges. Investors are keenly watching these REITs. Overall, they seek to capitalize on the industry's upward trajectory. Their performance is a barometer for the sector's health and potential.

Cultivating Returns: The Best Cannabis REITs of March 2024

Walgreens

Sometimes, investing can be daunting, especially for new investors. They have many options to lose money, but they can make a fortune with sharp selections.

3 Starter Dividend Stocks Every New Investor Should Own

Innovative Industrial Properties reported strong Q4 earnings, beating FFO and revenue estimates. AFFO & Net Income both grew at an average rate of 7% year-over-year. The REIT collected 100% rent despite tenant troubles during the year and the challenging economic backdrop. IIPR has a low leveraged balance sheet with no debt maturing until 2026, putting the company in a strong position to navigate a higher for longer environment.

Innovative Industrial Properties Q4: Why I'm Considering Opening A Position

Verizon

One of the best ways to generate income and keep your portfolio safe is with high-yield dividend stocks. After all, companies with an attractive yield and strong cash flows to boot can help you outperform even the most treacherous markets.

3 Top High-Yield Dividend Stocks to Fortify Your Portfolio: Q1 2024

Ares Capital

Energy Transfer LP Unit

These five stocks offer dividend yields of 6.6% or more. Several of them have solid track records of dividend growth.

News for Innovative Industrial Properties Stock (IIPR)