Innovative Industrial Properties(IIPR)

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Innovative Industrial Properties' Quiet Rise As Dividend Leader
Seeking Alpha· 2024-10-16 12:27
Since our buy rating last year, Innovative Industrial Properties (NYSE: IIPR ) has delivered an 88% total return, including dividends, and 11% since our last coverage , outperforming the market. We maintain our bullish Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc ...
Innovative Industrial Properties: Great Opportunities Ahead For This Industry Leader
Seeking Alpha· 2024-09-30 01:01
Innovative Industrial Properties, Inc. (NYSE: IIPR ) is the leader of the nascent legal cannabis REITs market segment; with an extremely solid financial situation, a safely covered dividend of 5.61%, and plenty of growth potential, this stock is an excellent opportunity Understanding Behavioral Finance is at the core of Mapache Investing's philosophy. We view the markets through the lenses of psychology and aim to avoid the common pitfalls and biases that are the primary causes of losses. With a strong foun ...
Up 75% YoY, Innovative Industrial Remains A Buy
Seeking Alpha· 2024-09-28 15:30
Group 1 - The article expresses a bullish outlook on Innovative Industrial Properties (NYSE: IIPR), despite its underperformance in 2022, indicating that the market had valid reasons for caution during that period [1] - The author is part of an investment group called Wheel of Fortune, which aims to provide actionable trading ideas across various asset classes, sectors, and industries, catering to both less active and more active investors [1] - The service includes features such as a Funds Macro Portfolio focused on ETFs and CEFs, a Single Macro Portfolio for single equity investments, educational content, and a live chat room for discussions among investors [1] Group 2 - The author, Nikolaos Sismanis, has a background in Banking and Finance and over five years of experience as an equities analyst, focusing on growth and income stocks with high expected return potential and a solid margin of safety [1]
DigiKey Premieres Factory Tomorrow Season 4 Video Series Focused on Innovative Industrial Automation
GlobeNewswire News Room· 2024-09-25 13:55
THIEF RIVER FALLS, Minn., Sept. 25, 2024 (GLOBE NEWSWIRE) -- DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, announced the debut of Season 4 of the Factory Tomorrow video series sponsored by Siemens and Banner Engineering. The newest season of the series explores the next wave of innovation in industrial automation solutions for global manufacturing. The modern factory is defined by technology that ...
Innovative Industrial Properties (IIPR) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-09-20 23:21
Innovative Industrial Properties (IIPR) closed at $134.91 in the latest trading session, marking a -0.57% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.19%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.36%. Heading into today, shares of the company had gained 12.23% over the past month, outpacing the Finance sector's gain of 2.92% and the S&P 500's gain of 2.06% in that time. Market participants will be closely following the financia ...
Innovative Industrial Properties: Preferred Shares Offering Attractive 8.5% Dividend Yield
Seeking Alpha· 2024-09-16 05:23
filo Introduction Innovative Industrial Properties (NYSE:IIPR) is a real estate investment trust (REIT) that focuses on the leasing of properties to support the cannabis industry. Back in late 2022, a situation emerged where the company's debt maturing in 2026 was trading at a higher yield than its preferred shares (NYSE:IIPR.PR.A). Today, the bond price is a bit higher, but still yielding a respectable 7.7%. However, a recent sell-off in the preferred shares has the dividend yield rising to over 8.5%, to w ...
Innovative Industrial Properties (IIPR) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-09-12 23:21
Innovative Industrial Properties (IIPR) closed the latest trading day at $126.92, indicating a +1.09% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.75%. Elsewhere, the Dow saw an upswing of 0.58%, while the tech-heavy Nasdaq appreciated by 1%. The company's stock has climbed by 7.73% in the past month, exceeding the Finance sector's gain of 4.06% and the S&P 500's gain of 4.03%. The upcoming earnings release of Innovative Industrial Properties will be ...
Innovative Industrial Properties: Macro Tailwinds Are Promising With Secure Dividend Investment Thesis
Seeking Alpha· 2024-08-25 13:30
We Are The Cannabis REIT's Investment Thesis Remains Promising, Thanks To The Robust Profitability & Macro Tailwinds We previously covered Innovative Industrial Properties (NYSE:IIPR) in June 2024, discussing the cannabis REIT's robust performance metrics on top of the raised quarterly dividends. Combined with the promising tailwinds observed in the (potential) federal reclassification of cannabis and the growing bullish support observed in its stock prices/ valuations, we had reiterated our Buy rating then ...
Innovative Industrial: Join 6%-Yielding Leader With Multiple Growth Catalysts, Here's Why
Seeking Alpha· 2024-08-23 13:00
anilakkus/iStock via Getty Images Innovative Industrial Properties (NYSE:IIPR) is the only cannabis-related REIT listed on the New York Stock Exchange. It is a triple net lease REIT operating within a unique sector, concentrating on acquiring and managing specialized properties leased to state-licensed cannabis operators. The acquisitions are realised mainly as saleleaseback transactions or third-party deals. For those unacquainted with the 'triple-net lease' term, it's a highly favourable type of agreement ...
Innovative Industrial: Why It Is Time To Move To The Sidelines (Rating Downgrade)
Seeking Alpha· 2024-08-23 09:40
I t al T Corporation T b T W T FatCamera Innovative Industrial Properties (NYSE:IIPR) has been one of the most consistent winners in the cannabis sector. In comparison with the stocks of its operator tenants, which have seen great volatility, IIPR has more or less sustained a stable uptrend since bottoming in early 2023. What has been the difference? Whereas the operators have suffered from incessant price compression, IIPR has been more or less insulated due to earning fixed rent, outside of a handful of t ...