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

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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.

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

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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

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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.

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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.

LOS ANGELES, CA / ACCESSWIRE / December 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Fraud And Affected Investors Are Urged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / December 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

The Schall Law Firm Invites Stockholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / December 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm

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Sector Spotlight: Industrial REITs - Still A Real Estate Darling?

LOS ANGELES, CA / ACCESSWIRE / December 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

The Schall Law Firm Invites Stockholder Contributions To An Inquiry Into Innovative Industrial Properties, Inc.'s Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / December 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Investors With Losses Are Encouraged To Reach Out To The Schall Law Firm

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5 REITs That Pay Me More Than $1,000 Passive Income Each Month

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

The Schall Law Firm Invites Stockholder Participation In An Inquiry Into Innovative Industrial Properties, Inc.'s Possible Securities Law Violations

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As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpass higher-yielding stocks over time, offering better yield on cost. Dividend growers often outperform the REIT average in total returns, driven by strong AFFO growth and superior gains in stock price.

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LOS ANGELES, CA / ACCESSWIRE / December 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm

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Donald Trump's proposed policies could impact inflation and interest rates. They could also impact individual property sectors. We explain the impact on residential, industrial, cell tower, healthcare, and the cannabis property sectors.

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LOS ANGELES, CA / ACCESSWIRE / November 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Defrauding The Public And Affected Investors Are Urged To Contact The Schall Law Firm

Innovative Industrial Properties is a triple net lease cannabis REIT with a 105-property portfolio, yielding 7.1% and trading at a near-record low valuation. IIPR's low leverage, with a debt-to-equity ratio of 0.15x and strong liquidity, significantly reduces investment risk despite industry uncertainties. The REIT's free cash flow exceeds its dividend payments, enabling opportunistic investments and potential future dividend increases.

Innovative Industrial Properties: Is U.S. Cannabis Now Uninvestable?

LOS ANGELES, CA / ACCESSWIRE / November 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

The Schall Law Firm Invites Shareholders To Join An Inquiry Into Innovative Industrial Properties, Inc.'s Possible Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / November 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

The Schall Law Firm Invites Stockholder Participation In An Inquiry Into Innovative Industrial Properties, Inc.'s Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / November 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

Innovative Industrial Properties Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Help The Schall Law Firm

Innovative Industrial Properties, Inc. is a speculative REIT in the cannabis space, recently becoming more attractive due to a price correction. IIPR faces risks from regulatory challenges and tenant concentration but offers a high dividend yield of over 7%. Despite recent earnings misses, IIPR's AFFO payout ratio remains stable, and potential dividend increases going forward are still possible.

Innovative Industrial Properties: Stock Price Declines Make It More Interesting

NEW YORK, NY / ACCESSWIRE / November 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Innovative Industrial Properties, Inc. ("Innovative Industrial Properties, Inc.") (NYSE:IIPR) concerning possible violations of federal securities laws. IIP reported its financial results for the third quarter of 2024 on November 6, 2024.

An Investigation Has Commenced on Behalf of Innovative Industrial Properties, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your IIPR Losses

NEW YORK CITY, NY / ACCESSWIRE / November 22, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR). Investors who purchased IIP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IIPR.

Bronstein, Gewirtz & Grossman, LLC Encourages Innovative Industrial Properties, Inc. (IIPR) Shareholders to Inquire about Securities Investigation

Innovative Industrial Properties remains rated a 'hold' due to ongoing uncertainty in the cannabis market and mixed financial results despite attractive valuation. Recent quarter revenue dropped 1.7% year-over-year, with a decline in leased properties from 98.5% to 95.7%, raising concerns about tenant stability. Cannabis prices hit an all-time low, impacting tenant financial health; however, four major tenants showed improved revenue and cash flows year-over-year.

Innovative Industrial Properties Is Getting Higher On My List

NEW YORK, NY / ACCESSWIRE / November 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Innovative Industrial Properties, Inc. ("Innovative Industrial Properties, Inc.") (NYSE:IIPR) concerning possible violations of federal securities laws. IIP reported its financial results for the third quarter of 2024 on November 6, 2024.

Levi & Korsinsky Reminds Shareholders of an Investigation into Innovative Industrial Properties, Inc. (IIPR) Regarding Potential Securities Fraud Allegations

LOS ANGELES, CA / ACCESSWIRE / November 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR) for violations of the securities laws. According to the Complaint, the Company made false and misleading statements to the market.

The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law Violations

NEW YORK CITY, NY / ACCESSWIRE / November 21, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Innovative Industrial Properties, Inc. ("IIP" or "the Company") (NYSE:IIPR). Investors who purchased IIP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IIPR.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Innovative Industrial Properties, Inc. (IIPR) And Encourages Shareholders to Connect

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NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Innovative Industrial Properties, Inc. ("Innovative Industrial Properties, Inc.") (NYSE:IIPR) concerning possible violations of federal securities laws. IIP reported its financial results for the third quarter of 2024 on November 6, 2024.

News for Innovative Industrial Properties Stock (IIPR)