Innovative Industrial Properties Inc

NYSE: IIPR
$106.35
-$1.01 (-0.9%)
Closing Price on December 10, 2024

IIPR Stock Chart and Intraday Price

IIPR Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE
Address 1389 CENTER DRIVE, SUITE 200, PARK CITY, UT, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 2,770.05M USD
Shares Outstanding 28,205,400
Innovative Industrial Properties Inc is a unique real estate company that focuses on buying, owning, and managing properties used for cannabis facilities. It works with state-licensed operators in the regulated cannabis industry. The company operates as a real estate investment trust (REIT), a status that influences its tax treatment and investment strategy, emphasizing steady income from rent payments.

IIPR Articles

Real estate investment trusts (REIT) were one of the industries hit hardest by the Federal Reserve’s unprecedented interest rate hikes. The central bank raised rates a shocking 11 times in a little...
One of the best ways to keep your portfolio safe from incessant market volatility is with ultra-high-yield dividend stocks. Look at Rithm Capital (NYSE:RITM), for example. With the Federal Reserve...
The U.S. government appears finally to be ready to review its categorization of marijuana as a dangerous drug.
Analysts at BTIG have named their top picks in several REIT sectors. Here are the five that currently have the potential to add 20% to their share price this year.
ETFMG on Thursday launched a new ETF that offers people a way to invest in cannabis companies that do at least half their business in the United States.
Tuesday's top analyst upgrades and downgrades included Adobe, Altria, AstraZeneca, Crowdstrike, Microsoft, Roblox, Starbucks, Ulta Beauty and Zoom Video Communications.
Wednesday morning's top analyst upgrades and downgrades included Alphabet, Facebook, IAC/Interactive, Qualcomm, Royal Dutch Shell and Square.
A new ETF that includes only U.S. firms operating in the legal cannabis market made its first appearance on Wednesday.