The latest trading session saw Innovative Industrial Properties (IIPR) ending at $106.62, denoting a +0.33% adjustment from its last day's close. This change outpaced the S&P 500's 0.04% loss on the day. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.12%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.13 per share and revenue of $311.7 million, indicating changes of +0.55% and +0.71%, respectively, compared to the pr ...

Innovative Industrial Properties (IIPR) recently announced that it has closed the acquisition of a Florida property for $13.0 million. The company acquired the property to enhance its portfolio and bank on healthy market fundamentals. This 16-acre property comprises 145,000 square feet of industrial space in Ocala. AYR plans to redevelop a building on the property into a regulated cannabis cultivation facility encompassing 98,000 square feet of industrial space. IIPR has agreed to reimburse up to $30.0 mill ...

High-yield dividend stocks exemplify stability and growth potential for astute investors in today's investing environment. These firms show strong financial performance and strategic insight in addition to providing appealing dividend yields. This emphasis on capital allocation and product innovation supports a consistent dividend payout. Let's explore three high-yield dividend stocks to buy now. Innovative Industrial Properties (IIPR) Source: iQoncept / Shutterstock.com Innovative Industrial Properties (NY ...

Kwarkot Listen here or on the go via Apple Podcasts and Spotify Seeking Alpha Q | PODCAST SERIES Julian Lin and Bengal Capital's Jerry Derevyanny discuss NewLake Capital and cannabis REITs (0:20). Valuations are up; yields are down - should that be telling investors something? (3:00) Redeployment risk in IIPR and other REITs (5:50). This is an excerpt from a recent episode of The Cannabis Investing Podcast. Transcript Rena Sherbill: Jerry Derevyanny and Julian Lin, always great to talk to you individually. ...

While real estate investment trusts aren't the most exciting ideas available, their generally reliable platform makes REIT stocks a compelling avenue for success. That's especially the case amid the uncertainties clouding the present market cycle. For one thing, investors gravitate toward REIT stocks because of the underlying passive income. By their legal structure, REITs are required to pay out 90% of their earnings to shareholders in the form of dividends. But it's not just about the passive income. Real ...

Marijuana Stocks To Consider For Future Profits 2024 As we approach Q2 of 2024 marijuana stock investors are keeping a strong focus on the future. With the level of legal and regulatory uncertainty, the cannabis industry has continued to grow. There have been many ups and downs and hurdles to get past in order to get where the sector is today. At this time there are not many states left in the USA that have not legalized cannabis in some way. The politics and business of cannabis are becoming more embraced ...

Hinterhaus Productions Dear readers, Innovative Industrial Properties (NYSE:IIPR) is a cannabis REIT which specializes in acquiring and leasing cultivation and retail facilities to major cannabis operators in the US. IIPR IR Recently, the REIT has seen increased interest from investors, because of three main factors. 1. a high 7% dividend yield, 2. a reasonable valuation at an implied cap rate of 8%, 3. and significant bullish catalysts that are likely to play-out in the near future. Last time I wrote about ...

Innovative Industrial Properties, Inc. (NYSE:IIPR) Q1 2024 Earnings Conference Call May 9, 2024 1:00 PM ET Company Participants Brian Wolfe - VP, General Counsel, Secretary Alan Gold - Executive Chairman Paul Smithers - President, CEO & Director Ben Regin - Chief Investment Officer Catherine Hastings - Chief Operating Officer David Smith - CFO & Treasurer Conference Call Participants Tom Catherwood - BTIG Scott Fortune - Roth MKM Alexander Goldfarb - Piper Sandler Companies Operator Good day, and welcome to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Innovative Industrial Properties, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or (I.R.S. Employer Identification No.) organization) Maryland 81-2963381 1389 Center Drive, Suite 200 Park City, UT 84098 (858) 997-3332 (Address of principal executive offices) (Registrant's telephone number) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

Exhibit 99.1 Innovative Industrial Properties Reports First Quarter 2024 Results Executed New Leases at Four Existing Properties Totaling $69.4 Million in Invested/Committed Capital YTD SAN DIEGO, CA – May 8, 2024 – Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the first quarter ended March 31, 2024. First Quarter 2024 and Year-to-Date Financial Resu ...