For much of 2024, Innovative Industrial Properties (IIPR 2.52%) was atypical for a marijuana stock in that its share price ...
That's only compounded if the landlord in question manages multiple properties and a tenant defaults on more than one of them ...
NYSE:IIPR) The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties Inc ...
Innovative Industrial Properties faces significant tenant issues, notably PharmaCann's rent default. Read why IIPR stock is ...
The default is significant for Innovative Industrial Properties as the PharmaCann properties represented 17% of the company's revenue in the third quarter and the first three quarters of 2024.
Innovative Industrial Properties (NYSE:IIPR) closed 2024 among the worst performers in the cannabis REIT industry, trailing ...
Innovative Industrial Properties had a return on equity of 8.44% and a net margin of 52.51%. The firm had revenue of $76.53 million during the quarter, compared to analyst estimates of $77.30 million.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
While Innovative Industrial Properties (NYSE: IIPR) had been managing to stay ahead of nonpaying tenants, the cannabis real ...
Innovative Industrial Properties (IIPR) is down -22.6%, or -$21.59 to $73.75. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award ...
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Such was the situation with marijuana real estate investment trust (REIT) Innovative Industrial Properties (NYSE: IIPR) in the final month of 2024. And not only did it suffer a damaging default ...