(IIPR) Innovative Industrial - Ratings and Ratios
Rental,Properties,Lease,Cannabis,Assets
IIPR EPS (Earnings per Share)
IIPR Revenue
Description: IIPR Innovative Industrial
Innovative Industrial Properties Inc (NYSE:IIPR) is a US-based Industrial REIT, a specialized real estate investment trust that focuses on a specific niche. The companys business model is centered around leasing properties to tenants in the industrial sector, providing a steady stream of rental income.
To assess IIPRs performance, key metrics such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are crucial, as they provide insights into the companys ability to generate cash from its operations. A growing FFO and AFFO would indicate a healthy and sustainable business model. Additionally, the companys debt-to-equity ratio and interest coverage ratio are important indicators of its financial health and ability to meet its obligations.
The Industrial REITs sector is influenced by various economic drivers, including GDP growth, industrial production, and demand for logistics and warehouse space. As e-commerce continues to grow, the demand for industrial properties is likely to remain strong, driving rental income and property valuations. IIPRs exposure to this trend is a key factor in its potential for long-term growth.
From a valuation perspective, IIPRs Price-to-FFO ratio is a relevant metric, as it provides a more accurate picture of the companys valuation compared to the traditional P/E ratio. A lower Price-to-FFO ratio may indicate undervaluation, while a higher ratio could suggest overvaluation. Furthermore, the companys dividend yield is also an important consideration, as it provides a return on investment for shareholders.
To evaluate IIPRs future prospects, its essential to monitor its occupancy rates, rental growth, and property portfolio diversification. A high occupancy rate and growing rents are indicative of a well-managed portfolio, while a diversified portfolio reduces the companys exposure to specific tenants or geographic regions.
IIPR Stock Overview
| Market Cap in USD | 1,459m |
| Sub-Industry | Industrial REITs |
| IPO / Inception | 2016-12-01 |
IIPR Stock Ratings
| Growth Rating | -60.2% |
| Fundamental | 71.8% |
| Dividend Rating | 91.6% |
| Return 12m vs S&P 500 | -56.4% |
| Analyst Rating | 3.0 of 5 |
IIPR Dividends
| Dividend Yield 12m | 12.76% |
| Yield on Cost 5y | 8.64% |
| Annual Growth 5y | 10.96% |
| Payout Consistency | 100.0% |
| Payout Ratio | 1.7% |
IIPR Growth Ratios
| Growth Correlation 3m | -32.4% |
| Growth Correlation 12m | -87.1% |
| Growth Correlation 5y | -64% |
| CAGR 5y | -8.46% |
| CAGR/Max DD 5y | -0.11 |
| Sharpe Ratio 12m | 0.72 |
| Alpha | -62.75 |
| Beta | 0.745 |
| Volatility | 44.88% |
| Current Volume | 238.1k |
| Average Volume 20d | 291k |
| Stop Loss | 54.8 (-3.3%) |
| Signal | 1.01 |
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (137.3m TTM) > 0 and > 6% of Revenue (6% = 17.3m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 0.98pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -7.81% (prev 4.21%; Δ -12.02pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 225.4m > Net Income 137.3m (YES >=105%, WARN >=100%) |
| Net Debt (190.2m) to EBITDA (225.3m) ratio: 0.84 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (28.3m) change vs 12m ago -0.89% (target <= -2.0% for YES) |
| Gross Margin 89.88% (prev 85.85%; Δ 4.03pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 12.28% (prev 13.10%; Δ -0.82pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 9.23 (EBITDA TTM 225.3m / Interest Expense TTM 16.5m) >= 6 (WARN >= 3) |
Altman Z'' -0.66
| (A) -0.01 = (Total Current Assets 99.7m - Total Current Liabilities 122.1m) / Total Assets 2.31b |
| (B) -0.11 = Retained Earnings (Balance) -264.4m / Total Assets 2.31b |
| (C) 0.06 = EBIT TTM 152.3m / Avg Total Assets 2.34b |
| (D) -0.62 = Book Value of Equity -264.4m / Total Liabilities 424.6m |
| Total Rating: -0.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 71.76
| 1. Piotroski 7.0pt = 2.0 |
| 2. FCF Yield 12.72% = 5.0 |
| 3. FCF Margin 78.28% = 7.50 |
| 4. Debt/Equity 0.22 = 2.48 |
| 5. Debt/Ebitda 1.83 = 0.34 |
| 6. ROIC - WACC 6.90% = 8.63 |
| 7. RoE 7.15% = 0.60 |
| 8. Rev. Trend -20.11% = -1.01 |
| 9. Rev. CAGR -4.26% = -0.71 |
| 10. EPS Trend -61.40% = -1.54 |
| 11. EPS CAGR -12.25% = -1.53 |
What is the price of IIPR shares?
Over the past week, the price has changed by +3.17%, over one month by +6.42%, over three months by +5.34% and over the past year by -49.04%.
Is Innovative Industrial a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of IIPR is around 51.72 USD . This means that IIPR is currently overvalued and has a potential downside of -8.72%.
Is IIPR a buy, sell or hold?
- Strong Buy: 1
- Buy: 1
- Hold: 2
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the IIPR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 58.3 | 2.8% |
| Analysts Target Price | 65.6 | 15.8% |
| ValueRay Target Price | 57.8 | 2% |
Last update: 2025-08-20 02:49
IIPR Fundamental Data Overview
CCE Cash And Equivalents = 99.7m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 11.2462
P/E Forward = 13.5685
P/S = 5.0685
P/B = 0.7915
Beta = 1.675
Revenue TTM = 287.9m USD
EBIT TTM = 152.3m USD
EBITDA TTM = 225.3m USD
Long Term Debt = 289.9m USD (from longTermDebt, last quarter)
Short Term Debt = 122.1m USD (from totalCurrentLiabilities, last quarter)
Debt = 412.0m USD (Calculated: Short Term 122.1m + Long Term 289.9m)
Net Debt = 190.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.77b USD (1.46b + Debt 412.0m - CCE 99.7m)
Interest Coverage Ratio = 9.23 (Ebit TTM 152.3m / Interest Expense TTM 16.5m)
FCF Yield = 12.72% (FCF TTM 225.4m / Enterprise Value 1.77b)
FCF Margin = 78.28% (FCF TTM 225.4m / Revenue TTM 287.9m)
Net Margin = 47.71% (Net Income TTM 137.3m / Revenue TTM 287.9m)
Gross Margin = 89.88% ((Revenue TTM 287.9m - Cost of Revenue TTM 29.1m) / Revenue TTM)
Tobins Q-Ratio = -6.70 (set to none) (Enterprise Value 1.77b / Book Value Of Equity -264.4m)
Interest Expense / Debt = 1.08% (Interest Expense 4.44m / Debt 412.0m)
Taxrate = -1.12% (set to none) (from yearly Income Tax Expense: -1.80m / 161.7m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 0.82 (Total Current Assets 99.7m / Total Current Liabilities 122.1m)
Debt / Equity = 0.22 (Debt 412.0m / last Quarter total Stockholder Equity 1.88b)
Debt / EBITDA = 1.83 (Net Debt 190.2m / EBITDA 225.3m)
Debt / FCF = 1.83 (Debt 412.0m / FCF TTM 225.4m)
Total Stockholder Equity = 1.92b (last 4 quarters mean)
RoA = 5.96% (Net Income 137.3m, Total Assets 2.31b )
RoE = 7.15% (Net Income TTM 137.3m / Total Stockholder Equity 1.92b)
RoCE = 6.89% (Ebit 152.3m / (Equity 1.92b + L.T.Debt 289.9m))
RoIC = 6.90% (Ebit 152.3m / (Assets 2.31b - Current Assets 99.7m))
WACC = unknown (E(1.46b)/V(1.87b) * Re(8.76%)) + (D(412.0m)/V(1.87b) * Rd(1.08%) * (1-Tc(none)))
Shares Correlation 5-Years: 90.0 | Cagr: 1.90%
Discount Rate = 8.76% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 76.35% ; FCFE base≈219.1m ; Y1≈228.1m ; Y5≈262.4m
Fair Price DCF = 144.1 (DCF Value 4.04b / Shares Outstanding 28.0m; 5y FCF grow 4.34% → 3.0% )
Revenue Correlation: -20.11 | Revenue CAGR: -4.26%
Rev Growth-of-Growth: -15.59
EPS Correlation: -61.40 | EPS CAGR: -12.25%
EPS Growth-of-Growth: -25.03
Additional Sources for IIPR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle