Ratings Innovative Industrial Properties, Inc.

Equities

IIPR

US45781V1017

Market Closed - Nyse Other stock markets 01:30:02 27/04/2024 am IST			5-day change	1st Jan Change
97.71 ^USD	-0.17%		+3.69%	-3.08%

15/03	Innovative Industrial Properties Keeps Quarterly Dividend at $1.82 per Share, Payable April 15 to Stockholders as of March 28	MT
15/03	Innovative Industrial Properties, Inc. Declares First Quarter 2024 Dividend, Payable on April 15, 2024	CI

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's activity appears highly profitable thanks to its outperforming net margins.
The company is one of the best yield companies with high dividend expectations.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

Weaknesses

With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
Over the past twelve months, analysts' opinions have been revised negatively.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Commercial REITs

	1st Jan change	Capi.	ESG Refinitiv
INNOVATIVE INDUSTRIAL PROPERTIES, INC.	-3.08%	2.77B	D+
PROLOGIS, INC.	-21.94%	96.34B	B+
GOODMAN GROUP	+21.78%	38.16B	B-
REXFORD INDUSTRIAL REALTY, INC.	-22.99%	9.39B	A-
EASTGROUP PROPERTIES, INC.	-15.05%	7.49B	B
AMERICOLD REALTY TRUST, INC.	-26.53%	6.32B	B
STAG INDUSTRIAL, INC.	-12.18%	6.27B	B-
FIRST INDUSTRIAL REALTY TRUST, INC.	-12.66%	6.09B	B-
WAREHOUSES DE PAUW SA	-13.12%	5.8B	B
FIBRA PROLOGIS	-11.75%	5.48B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes