IIPR News and Press, Innovative Industrial Properties Inc. From 02/28/23

Innovative Industrial Properties ( IIPR ) stock jumped 7.2% in Tuesday's trading after REIT that specializes in cannabis industry real estate posted better-than-expected Q4 earnings and revenue. Q4 adjusted FFO per share of $2.12, topping the $1.89 consensus estimate, slipped from $2....

Innovative Industrial Properties, Inc. (IIPR) Q4 2022 Earnings Conference Call February 28, 2023 1:00 PM ET Company Participants Brian Wolfe - General Counsel Alan Gold - Executive Chairman Paul Smithers - President and Chief Executive Officer Catherine Hastings - ...

Innovative Industrial Properties Inc. (NYSE: IIPR) saw its stock price jump quickly upon release of its fourth-quarter earnings from 2022, which revealed $70.5 million in revenues, a 20% jump from a year prior. IIP’s stock rose by 1.7% in after-hours trading on Monday following its...

Innovative Industrial Properties ( NYSE: IIPR ) stock gained 1.7% in Monday after-hours trading after the REIT that specializes in the U.S. cannabis industry posted Q4 revenue and earnings that exceeded Wall Street expectations. Q4 adjusted FFO per share of $2.12, topping the ...

Innovative Industrial Properties press release ( NYSE: IIPR ): Q4 Normalized FFO of $1.95 beats by $0.06 . Revenue of $70.46M (+19.5% Y/Y) beats by $1.48M . Amended IIP’s leases with Gold Flora, LLC in California, 4Front Ventures Corp. in Ill...

FY 2022 Total Revenues, Net Income Attributable to Common Stockholders and AFFO Increased 35%, 36% and 34% Year-over-Year, Respectively Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulat...

Summary NewLake Capital Partners is a REIT that leases real estate assets to state-licensed cannabis operators. The company faces risks from potential regulation changes in the cannabis industry and the declining financial health of its tenants. Notwithstanding its high dividend yie...

Innovative Industrial Properties ( NYSE: IIPR ) is scheduled to announce Q4 earnings results on Monday, February 27th, after market close. The consensus EPS Estimate is $1.89 (+8.0% Y/Y) and the consensus Revenue Estimate is $68.98M (+17.0% Y/Y). Over the last 3 months, EPS es...

Summary Innovative Industrial Properties has been heavily punished by the market despite continuing to execute well. Investors appear to be concerned about potential tenant defaults. We believe that the risk of a large wave of tenant defaults is low. The company has low debt and...

Motley Fool contributor Will Healy explains what Innovative Industrial Properties (NYSE: IIPR) does, its strongest advantages, and its biggest weaknesses. This unique business sits at the corner of the marijuana and real estate industries. *Stock prices used were the midday pric...