Innovative Industrial Properties (IIPR) Stock Forecast for 2024–2028. Sell or Buy Prediction







6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …
Trading Penny Stocks for Profit: Expert Insights and Practical Advice

February 22, 2024 Trading Penny Stocks for Profit: Expert Insights and Practical Advice

For aspiring traders and seasoned investors alike, the enticing appeal of penny stocks can be likened to voyaging across the vast oceans, discovering…
Vanskelig å Få Refinansiering: Why Was Your Refinancing Loan Denied?

February 15, 2024 Vanskelig å Få Refinansiering: Why Was Your Refinancing Loan Denied?

At historically low interest rates, refinancing can seem tempting; but applications for refinance could be denied for various reasons. Underwriters need assurances that…

Innovative Industrial Properties (IIPR) Stock Forecast for 2024–2028. Sell or Buy?

Updated: March 28, 2024 (11:46)

Sector: Real Estate

The share price of Innovative Industrial Properties, Inc. (IIPR) now

Latest session on the 28th of March for
Innovative Industrial Properties, Inc. is negative
Trading Volume: 255018
Open: 104.96 /  High: 105.01 /  Low: 103.01
What analysts predict: $121.4
52-week High/Low: $104.35 / $59.34

50/200 Day Moving Average: $95.01 / $84.54

This figure corresponds to the Average Price over the previous 50/200 days. For Innovative Industrial Properties stocks, the 50-day moving average is the support level today.

For Innovative Industrial Properties stocks, the 200-day moving average is the support level today.

Are you interested in Innovative Industrial Properties, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Innovative Industrial Properties stock price in 2024, 2025, 2026, 2027, 2028. How much will one Innovative Industrial Properties share be worth in 2024 - 2028?

When should I take profit in Innovative Industrial Properties stock? When should I record a loss on Innovative Industrial Properties stock? What are analysts' forecasts for Innovative Industrial Properties stock? What is the future of Innovative Industrial Properties stock? We forecast Innovative Industrial Properties stock performance using neural networks based on historical data on Innovative Industrial Properties stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Innovative Industrial Properties stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Innovative Industrial Properties shares. This happens once a day.


Historical and forecast chart of Innovative Industrial Properties stock

The chart below shows the historical price of Innovative Industrial Properties stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Innovative Industrial Properties stock price can be found in the table below.

Long-term forecasts by years.

Unlocking the Future: Forecasting IIPR's Stock Performance

Trend: Bearish
Mar 09, 2024

When it comes to predicting the stock prices for Innovative Industrial Properties (IIPR), several factors stand out. Tenant quality and financial sustainability emerge as pivotal, as the financial stability and credit profiles of IIPR's cannabis tenants are under the microscope. A major concern is if the biggest tenant were to falter on leases, potentially leading to a significant dip in IIPR's stock rates. This paints a cautionary scenario similar to what happened with Power REIT, alerting investors to keep a keen eye on these indicators.

Regulatory Changes and Valuation: The Twin Engines of Change

Next in the forecast line are the regulatory changes in the cannabis industry. A rescheduling by the DEA could positively shock the market, pivoting growth for IIPR's tenants. However, the unpredictable nature of such developments throws a wrench in the works for making precise predictions. Analysts looking to tap into accurate forecasts should balance these potential regulatory lifts against the uncertainties they carry.

Lastly, valuation and asset quality can't be ignored. A comparative analysis reveals a mispricing of IIPR's stock when pegged against high-quality industrial peers, with a particular eye on the inflated implied EV per sqft against companies like Prologis. The asset quality, in tandem with replacement costs, hints at a downside risk which smart analysts will incorporate into their prediction models.

  • Tenant quality and financial sustainability
  • Regulatory changes in the cannabis industry
  • Valuation and asset quality

In summary, a blend of scrutiny on tenant stability, regulatory landscape shifts, and valuation disparities will offer analysts a detailed roadmap to navigate IIPR’s stock price predictions. Keeping these factors in check, experts can leverage this information to carve out more accurate and less speculative forecasts about IIPR's trajectory in the ever-volatile market landscape.

Review the original Analysis
Empyrean Research, a newly joined finance analyst and author since 2023, has already made notable strides with 41 publications. Garnering 335 subscribers in a short time reflects growing popularity and engagement, although currently, their viewpoints might be seen as developing in credibility within the financial discourse.

Unlocking the Future of IIPR Stocks: A Financial Forecast

Trend: Bullish
Feb 28, 2024

As we dive into the intricate world of stock forecasting, Innovative Industrial Properties (IIPR) stands out with its recent financial revelations. Analysts and investors alike are keenly observing certain pivotal events and factors that are poised to shape IIPR's stock trajectory in the coming times. Among these, net income growth and legislative changes supporting the cannabis industry emerge as critical influencers.

Deciphering Influences on IIPR Stocks

The company's commendable 7% net income increase, despite challenges, showcases its operational resiliency. This robust financial health, marked by an impressive 98% collection of contractual rents, positions IIPR as a promising stock for diligent analysts. Additionally, the evolving legislative landscape surrounding cannabis use both in the U.S. and Europe is expected to inject vitality into the cannabis sector, indirectly benefiting IIPR's stock rates.

To adeptly forecast IIPR's stock movements, analysts must meticulously blend these elements into their predictions. The gradual revenue growth and decreased interest expenses, although ranked lower in immediate impact, still contribute to molding a comprehensive outlook. By nuanced analysis of these factors, from net income fluctuations to legislative shifts, financial experts can craft more accurate and insightful stock predictions for IIPR, potentially unlocking lucrative investment opportunities.

Review the original Analysis
Bela Lakos, with 243 publications since becoming a contributor in 2022, demonstrates formidable productivity and a robust following of 1149 subscribers. Her viewpoints hold substantial popularity and credibility in the financial domain, falling into a respected range of authority. Lakos's insights are evidently trusted and highly regarded by her audience.

The Future of IIPR Stocks: Navigating Through Profits and Legal Winds

Trend: Bullish
Feb 29, 2024

In the swirling world of stock market predictions, discerning which way the wind blows can often seem like a Herculean task. Yet, for those casting their gaze towards Innovative Industrial Properties (IIPR), several robust indicators offer clear signals for the near future. At the heart of these is IIPR’s steadfast journey of profitable and sustainable operations. Despite a backdrop of regulatory uncertainties and an environment rife with high interest rates, IIPR’s consistent profitability stands as a beacon for investors, signaling stability and growth potential in turbulent waters.

Guiding Stars in the Investment Universe

However, the tale of IIPR’s allure doesn’t end with mere profitability. The evolving narrative also features an improving tenant profile along with an impressive record of 100% rental collection through February 2024. This dual showcase not only highlights IIPR’s ability to attract and maintain financially sound tenants but also reinforces the REIT’s cash flow stability, making it an enticing prospect for those searching for reliability in their investments.

Moreover, IIPR’s dividend yield, sitting pretty at around 8%, notably outpaces US Treasury Yields, offering a tempting proposition for income-seeking investors. Yet, the plot may thicken with the federal legalization process and possible regulatory changes in the cannabis sector, such as the SAFER Banking Act. Positive shifts here could unlock new realms of investment and growth, further fertilizing the soil for IIPR’s stock rates to flourish.

So, how can analysts harness these factors for precision in their forecasts? The secret lies in a diligent, balanced analysis of IIPR’s operational excellence, tenant strength, attractive dividends, and the broader regulatory landscape. By weaving these threads together, analysts can construct a coherent narrative, forecasting IIPR’s stock trajectory with a higher degree of confidence, engaging the interest and capital of discerning investors.

Review the original Analysis
Juxtaposed Ideas swiftly emerged as a prominent voice in finance since 2022, with an impressive 810 publications to their name, engaging nearly 10,000 subscribers. Their prolific output and widespread following underscore a high level of credibility, reflecting well-respected and influential viewpoints in the financial discourse.

Innovative Industrial Properties Inc., an industrial REIT that caters to operators of regulated cannabis facilities with a valid state license, could be a smart pick if you’re in for buying when prices drop. This ‘strong buy’ recommendation holds its ground thanks to consistently paying dividends despite a decline in its stock price, solid financials, favorable valuations and an upward trend in earnings revision.

Changes in monetary policy have dealt harsh blows to a range of sectors and industries, including real estate. Despite these challenges which include rising interest rates, analyst downgrades and broader economic headwinds, Innovative Industrial Properties still stands strong as a quant-rated ‘buy’. The stock has taken a hit, falling 23% YTD. However, its impressive dividend growth coupled with an upcoming 9.82% dividend yield makes it extremely attractive as we expect REITs to recover.

Innovative Industrial Properties (IIPR) Stock Forecast

Innovative Industrials (IIPR) really stands out due to its impressive cash flow, remarkable growth, and the ability to uphold its dividend scorecard from the solid profitability it maintains. What’s noteworthy is that it boasts a healthy revenue influx and an advance in Adjusted Funds from Operations (AFFO) Growth which are a whole 141.12% greater compared to other businesses in the same sector.

Thanks to its hefty cash reserves, IIPR can proudly sustain its dividend and report a nearly 30% Compound Annual Growth Rate (CAGR) in dividends over the past three years. Also, it’s interesting that the company’s stock is trading below its peak price from the past year. This makes Innovative Industrials quite an attractive option given its forward Price to AFFO ratio stands at 9.14x, which is a 31% lower rate compared to other companies in this industry.

The cherry on top? The company’s Total Debt-to-Capital ratio for the trailing 12 months is astoundingly lower by -73.23% than its industry peers! Meaning, it has very little debt on its shoulders. Plus, IIPR focuses mostly on industrial properties, which don’t have much overhead costs; hence it’s able to keep expenses low—a smart strategy indeed!

Innovative Industrial Properties daily forecast for a month

Date Target Pes. Opt. Vol., %
Mar 30 107.11 105.69 108.74 2.89
Mar 31 106.52 104.63 107.77 3.00
Apr 01 106.78 105.39 107.50 2.00
Apr 02 106.20 104.87 107.71 2.71
Apr 03 106.67 104.54 107.53 2.86
Apr 04 106.54 104.44 107.10 2.55
Apr 05 105.26 104.55 107.37 2.69
Apr 06 105.58 104.31 106.55 2.15
Apr 07 106.11 104.17 107.01 2.73
Apr 08 107.27 106.01 108.72 2.55
Apr 09 107.19 105.61 109.07 3.27
Apr 10 109.12 108.47 111.30 2.62
Apr 11 108.52 107.19 109.99 2.61
Apr 12 108.58 107.84 109.91 1.91
Apr 13 109.06 107.43 110.97 3.30
Apr 14 109.45 107.75 110.46 2.51
Apr 15 110.24 108.70 111.84 2.89
Apr 16 111.34 109.70 113.23 3.22
Apr 17 109.09 107.40 111.16 3.50
Apr 18 106.91 105.52 108.91 3.22
Apr 19 107.55 106.90 109.48 2.41
Apr 20 106.71 104.71 107.73 2.88
Apr 21 106.15 105.14 107.80 2.52
Apr 22 107.67 106.80 108.88 1.94
Apr 23 107.99 106.48 109.34 2.69
Apr 24 108.91 107.79 110.02 2.07
Apr 25 107.38 106.15 108.43 2.15
Apr 26 107.46 105.74 108.64 2.74
Apr 27 107.33 106.74 109.13 2.24
Apr 28 108.59 107.23 109.38 2.00

Innovative Industrial Properties Daily Price Targets


Innovative Industrial Properties Stock Forecast 03-30-2024.

Forecast target price for 03-30-2024: $107.11.
Positive dynamics for Innovative Industrial Properties shares will prevail with possible volatility of 2.808%.
Pessimistic target level: 105.69
Optimistic target level: 108.74

Innovative Industrial Properties Stock Forecast 03-31-2024.

Forecast target price for 03-31-2024: $106.52.
Negative dynamics for Innovative Industrial Properties shares will prevail with possible volatility of 2.916%.
Pessimistic target level: 104.63
Optimistic target level: 107.77

Innovative Industrial Properties Stock Forecast 04-01-2024.

Forecast target price for 04-01-2024: $106.78.
Positive dynamics for Innovative Industrial Properties shares will prevail with possible volatility of 1.962%.
Pessimistic target level: 105.39
Optimistic target level: 107.50

Innovative Industrial Properties Stock Forecast 04-02-2024.

Forecast target price for 04-02-2024: $106.20.
Negative dynamics for Innovative Industrial Properties shares will prevail with possible volatility of 2.637%.
Pessimistic target level: 104.87
Optimistic target level: 107.71

Innovative Industrial Properties Stock Forecast 04-03-2024.

Forecast target price for 04-03-2024: $106.67.
Positive dynamics for Innovative Industrial Properties shares will prevail with possible volatility of 2.778%.
Pessimistic target level: 104.54
Optimistic target level: 107.53

Innovative Industrial Properties Stock Forecast 04-04-2024.

Forecast target price for 04-04-2024: $106.54.
Negative dynamics for Innovative Industrial Properties shares will prevail with possible volatility of 2.487%.
Pessimistic target level: 104.44
Optimistic target level: 107.10

IIPR (IIPR) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 112.24 110.02 118.60 7.24
May. 122.24 116.19 127.08 8.57
Jun. 120.81 112.44 127.12 11.55
Jul. 110.81 108.31 117.59 7.89
Aug. 111.01 105.11 114.90 8.52
Sep. 118.70 115.07 125.11 8.03
Oct. 120.94 116.59 129.00 9.62
Nov. 124.21 120.52 130.69 7.78
Dec. 126.56 120.97 134.41 10.00

Innovative Industrial Properties forecast for this year


Innovative Industrial Properties Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $112.239. Pessimistic: $110.02. Optimistic: $118.60


Innovative Industrial Properties Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $122.239. Pessimistic: $116.19. Optimistic: $127.08


Innovative Industrial Properties Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $120.809. Pessimistic: $112.44. Optimistic: $127.12


Innovative Industrial Properties Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $110.806. Pessimistic: $108.31. Optimistic: $117.59


Innovative Industrial Properties Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $111.006. Pessimistic: $105.11. Optimistic: $114.90


Innovative Industrial Properties Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $118.698. Pessimistic: $115.07. Optimistic: $125.11


Innovative Industrial Properties Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $120.942. Pessimistic: $116.59. Optimistic: $129.00


Innovative Industrial Properties Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $124.207. Pessimistic: $120.52. Optimistic: $130.69


Innovative Industrial Properties Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $126.555. Pessimistic: $120.97. Optimistic: $134.41



Innovative Industrial Properties (IIPR) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 131.45 126.25 135.59 6.89
Feb 136.42 127.95 141.33 9.47
Mar 139.12 134.24 143.00 6.13
Apr 147.14 141.18 157.33 10.27
May 148.86 138.27 156.49 11.64
Jun 155.96 144.87 165.22 12.32
Jul 159.47 148.13 166.50 11.03
Aug 163.77 158.61 172.17 7.88
Sep 170.70 160.25 177.15 9.54
Oct 184.99 180.16 188.48 4.42
Nov 172.33 165.20 181.18 8.82
Dec 162.56 151.59 169.73 10.69

Innovative Industrial Properties (IIPR) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 164.32 156.78 171.86 8.78
Feb 165.65 154.77 176.68 12.40
Mar 172.66 161.31 181.20 10.98
Apr 177.94 166.25 189.79 12.40
May 180.34 171.58 191.06 10.19
Jun 196.09 187.97 205.97 8.74
Jul 180.56 168.86 188.36 10.35
Aug 186.41 177.18 197.48 10.28
Sep 181.71 170.26 188.25 9.56
Oct 174.35 165.25 183.76 10.08
Nov 186.75 178.68 195.15 8.44
Dec 196.16 188.74 205.69 8.24

Innovative Industrial Properties (IIPR) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 212.58 197.27 217.93 9.48
Feb 211.62 200.19 215.62 7.15
Mar 216.19 204.32 223.20 8.46
Apr 219.11 205.31 224.04 8.36
May 212.01 198.27 224.03 11.50
Jun 217.54 202.66 227.53 10.93
Jul 201.68 197.87 215.84 8.33
Aug 200.96 192.10 211.99 9.38
Sep 202.95 194.18 215.00 9.68
Oct 199.84 187.79 208.12 9.77
Nov 214.77 206.85 222.50 7.04
Dec 214.00 201.09 223.63 10.08

Innovative Industrial Properties (IIPR) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 211.11 204.27 224.03 8.82
Feb 219.66 214.52 235.28 8.82
Mar 225.59 221.53 232.70 4.80
Apr 216.25 204.96 227.34 9.84
May 212.94 202.59 216.97 6.62
Jun 208.34 195.59 222.22 11.98
Jul 206.47 197.36 211.11 6.51
Aug 207.58 197.49 216.55 8.80
Sep 203.29 198.35 212.80 6.79
Oct 207.68 193.66 220.95 12.35
Nov 203.38 193.49 213.44 9.35
Dec 194.59 182.51 207.20 11.92

Innovative Industrial Properties information and performance

Innovative Industrial Properties Address

1389 CENTER DRIVE, SUITE 200, PARK CITY, UT, US

Market Capitalization: 2 940 131 000 $

Market capitalization of the Innovative Industrial Properties, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of IIPR shares in the company outstanding by the market price of one share.

EBITDA: 244 261 000 $

EBITDA of Innovative Industrial Properties is earnings before interest, income tax and depreciation of assets.

PE Ratio: 18.07

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: N/A

Price/earnings to growth

DPS: 7.22

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0703

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 5.77

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.006
Quarterly Revenue Growth YOY: 0.123
Trailing PE: 18.07

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 17.09

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 10.0

Enterprise Value (EV) /Revenue

EV To EBITDA: 12.44

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 28205400

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Innovative Industrial Properties (IIPR) stock dividend

Innovative Industrial Properties last paid dividends on 03/27/2024. The next scheduled payment will be on 04/15/2024. The amount of dividends is $7.22 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




Related stocks from Real Estate sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.