Innovative Industrial Properties (IIPR) Rises Yet Lags Behind Market: Some Facts Worth Knowing

From Nasdaq: 2025-04-25 18:15:00

Innovative Industrial Properties (IIPR) closed at $53.56, up 0.34% from the previous day, but fell short of the S&P 500. Shares have lost 18% in the past month, underperforming the Finance sector and S&P 500. Earnings report expected on May 7, 2025, with projected EPS of $1.99 and revenue of $70.79 million.

Analyst estimates for Innovative Industrial Properties have been adjusted recently, reflecting short-term business trends. Changes in estimates are linked to stock price performance, with Zacks Rank system indicating a #4 (Sell) rating presently. Valuation shows a Forward P/E ratio of 7.3, a discount compared to industry average of 10.25.

The REIT and Equity Trust – Other industry, which includes Innovative Industrial Properties, ranks at 161 out of 250+ industries. Top-rated industries tend to outperform the bottom half by a 2-to-1 ratio. For more information on these metrics, visit Zacks.com. To access all Zacks’ picks for just $1, including Surprise Trader and Technology Innovators, visit the link provided.

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