1IK Stock Overview
A self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Innovative Industrial Properties, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$66.50 |
| 52 Week High | US$128.00 |
| 52 Week Low | US$62.50 |
| Beta | 1.33 |
| 1 Month Change | -36.45% |
| 3 Month Change | -44.23% |
| 1 Year Change | -24.77% |
| 3 Year Change | -67.05% |
| 5 Year Change | -3.15% |
| Change since IPO | 285.89% |
Recent News & Updates
Recent updates
Shareholder Returns
| 1IK | DE Industrial REITs | DE Market | |
|---|---|---|---|
| 7D | -0.2% | 0% | 0% |
| 1Y | -24.8% | 0% | 0% |
Return vs Industry: 1IK underperformed the German Industrial REITs industry which returned -21.7% over the past year.
Return vs Market: 1IK underperformed the German Market which returned 8.4% over the past year.
Price Volatility
| 1IK volatility | |
|---|---|
| 1IK Average Weekly Movement | 8.5% |
| Industrial REITs Industry Average Movement | 0% |
| Market Average Movement | 0% |
| 10% most volatile stocks in DE Market | 0% |
| 10% least volatile stocks in DE Market | 0% |
Stable Share Price: 1IK's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 1IK's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 22 | Paul Smithers | www.innovativeindustrialproperties.com |
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 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 Properties, Inc. Fundamentals Summary
| 1IK fundamental statistics | |
|---|---|
| Market cap | €1.84b |
| Earnings (TTM) | €155.64m |
| Revenue (TTM) | €303.16m |
11.8x
P/E Ratio6.1x
P/S RatioIs 1IK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1IK income statement (TTM) | |
|---|---|
| Revenue | US$310.93m |
| Cost of Revenue | US$28.06m |
| Gross Profit | US$282.87m |
| Other Expenses | US$123.24m |
| Earnings | US$159.63m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.63 |
| Gross Margin | 90.98% |
| Net Profit Margin | 51.34% |
| Debt/Equity Ratio | 15.3% |
How did 1IK perform over the long term?
See historical performance and comparisonDividends
11.4%
Current Dividend Yield91%
Payout RatioDoes 1IK pay a reliable dividends?
See 1IK dividend history and benchmarks| Innovative Industrial Properties dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 3 days |
| Days until Dividend pay date | 12 days |
Does 1IK pay a reliable dividends?
See 1IK dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:27 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Innovative Industrial Properties, Inc. is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| William Catherwood | BTIG |
| Michael Gorman | BTIG |