Innovative Industrial Properties (IIPR) closed at $50.60, up 1.48% from the previous session, outperforming the S&P 500, Dow, and Nasdaq. Shares lost 4.32% in the past month, while the Finance sector gained 3% and the S&P 500 rose by 1.15%.

Expectations for IIPR’s financial results include an estimated EPS of $1.81 and revenue of $66.45 million, showing a decline from the prior year. Analyst revisions indicate confidence in the company’s performance. The Zacks Rank system rates IIPR as #3 (Hold) with a Forward P/E ratio of 6.8, a discount compared to industry peers.

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Read more at Nasdaq: Innovative Industrial Properties (IIPR) Outpaces Stock Market Gains: What You Should Know