Innovative Industrial Properties (IIPR) stock closed higher despite recent sector and market losses.

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

Innovative Industrial Properties (IIPR) closed at $53.43, up 1.93% from the previous day, outperforming the S&P 500. Shares of IIPR decreased by 27.95% over the past month, below the Finance sector and S&P 500 losses. Analysts expect a 6.79% decline in earnings to $2.06 per share for the upcoming report, with revenue estimated at $73.03 million.

The Zacks Consensus Estimates forecast a 13.03% drop in full-year earnings to $7.81 per share and a 9.99% decrease in revenue to $277.68 million. Recent analyst revisions reflect short-term trends, impacting stock prices. IIPR currently holds a Zacks Rank of #4 (Sell), with a 7.82% downward shift in EPS estimates in the past month.

IIPR’s Forward P/E ratio of 6.71 presents a discount to the industry average of 10.39. The REIT and Equity Trust – Other industry, part of the Finance sector, ranks 156 out of over 250 industries. Zacks Industry Rank shows the top 50% industries outperform the bottom half by 2 to 1 ratio. Stay updated on Zacks.com for stock metrics and industry insights.

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Read more at Nasdaq: Innovative Industrial Properties (IIPR) Increases Despite Market Slip: Here’s What You Need to Know