NYSE - Delayed Quote • USD
Innovative Industrial Properties, Inc. (IIPR)
At close: 4:00 PM EDT
After hours: 6:26 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 4 | 4 | 4 | 1 |
| Avg. Estimate | 1.43 | 1.46 | 5.93 | 5.81 |
| Low Estimate | 1.41 | 1.42 | 5.67 | 5.81 |
| High Estimate | 1.46 | 1.48 | 6.17 | 5.81 |
| Year Ago EPS | 1.43 | 1.44 | 5.77 | 5.93 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 5 | 5 | 5 | 3 |
| Avg. Estimate | 78.69M | 79.54M | 321.48M | 332.18M |
| Low Estimate | 77.68M | 78.11M | 315.02M | 325.54M |
| High Estimate | 79.9M | 80.4M | 327.82M | 336.2M |
| Year Ago Sales | 70.65M | 73.66M | 309.51M | 321.48M |
| Sales Growth (year/est) | 11.40% | 8.00% | 3.90% | 3.30% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 1.31 | 1.4 | 1.42 | 1.41 |
| EPS Actual | 1.43 | 1.44 | 1.45 | 1.45 |
| Difference | 0.12 | 0.04 | 0.03 | 0.04 |
| Surprise % | 9.20% | 2.90% | 2.10% | 2.80% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.43 | 1.46 | 5.93 | 5.81 |
| 7 Days Ago | 1.43 | 1.46 | 5.93 | 5.81 |
| 30 Days Ago | 1.44 | 1.48 | 6.01 | 5.66 |
| 60 Days Ago | 1.38 | 1.39 | 5.56 | 5.66 |
| 90 Days Ago | 1.38 | 1.39 | 5.56 | 5.66 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | IIPR | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 0.00% | -- | -- | 1.60% |
| Next Qtr. | 1.40% | -- | -- | 10.50% |
| Current Year | 2.80% | -- | -- | 5.20% |
| Next Year | -2.00% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -- | -- | -- | 11.22% |
| Past 5 Years (per annum) | 41.70% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Craig-Hallum: Hold to Hold | 3/7/2024 |
| Maintains | Piper Sandler: Neutral to Neutral | 2/29/2024 |
| Maintains | Piper Sandler: Neutral to Neutral | 11/6/2023 |
| Downgrade | Compass Point: Buy to Neutral | 9/5/2023 |
| Downgrade | Piper Sandler: Overweight to Neutral | 6/30/2023 |
| Maintains | Piper Sandler: Overweight to Overweight | 5/31/2023 |
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