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Innovative Industrial Properties, Inc. (IIPR) Stock Price, News & Analysis

Currency in USD Disclaimer
$108.73 $1.17 (1.09%)
$107.59
$109.25
$69.08
$115.75

Stock Score/grades

The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company


  • Altman Z Score 4.46
  • Piotroski Score 7.00
  • Grade Neutral

Company brief: Innovative Industrial Properties, Inc. (IIPR)


Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Morningstar - News Details (View)

Details

  • Quant star rating 4
  • A 4-star rating suggests above-average performance compared to other similar companies.

  • Quant star rating date 07/02/2024 00:00:00
  • Quant economic moat label Narrow
  • The economic moat refers to the competitive advantage a company has over its competitors. A narrow moat suggests that the company has a less sustainable competitive advantage compared to those with wider moats.

  • Quant economic moat date 07/03/2024 00:00:00
  • Price over quant fair value 0.88
  • This ratio indicates whether the stock is trading above (greater than 1) or below (less than 1) its fair value as determined by Morningstar's quantitative analysis. A ratio of 0.94 suggests the stock is currently trading at a slight discount (undervalued).

  • Price over quant fair value date 07/03/2024 00:00:00
  • Quant fair value 124.04962
  • Quant valuation Undervalued
  • Quant fair value date 07/03/2024 00:00:00
  • Quant fair value uncertainty label High
  • High uncertainty in fair value estimates implies considerable potential volatility in the stock price. Investors should factor in their risk tolerance and investment horizon when assessing this uncertainty.

  • Quant fair value uncertainty date 07/03/2024 00:00:00
  • One star price 154.14822
  • These price estimates indicate the price levels at which Morningstar would consider the stock significantly overvalued (one-star) or undervalued (five-star) based on their analysis.

  • One star price date 07/03/2024 13:42:36
  • Five star price 99.82799
  • Five star price date 07/03/2024 13:42:36
  • Quant financial health label Moderate
  • Moderate financial health suggests stability but also indicates potential risks. Evaluate the company's ability to manage its financial obligations and fund growth initiatives.

  • Quant financial health date 07/03/2024 00:00:00

Investment Considerations:

Valuation vs. Price: The stock is currently considered undervalued relative to its fair value, which could present a buying opportunity if you believe in Morningstar's valuation methodology.

Moat and Competitive Position: The narrow economic moat indicates less sustainable competitive advantages. Consider whether the company's business model and market position align with your investment goals.

Financial Health: Moderate financial health suggests stability but also indicates potential risks. Evaluate the company's ability to manage its financial obligations and fund growth initiatives.

Uncertainty: High uncertainty in fair value estimates implies potential volatility in the stock price. Factor in your risk tolerance and investment horizon when assessing this uncertainty.


Company Calendar


  • 06/14/2024
  • 06/28/2024
  • 07/15/2024
  • N/A
  • 07/31/2024
  • N/A

Price Target and Rating


  • $130.00
  • $150.00
  • $110.00
  • N/A
  • Buy
  • N/A
  • N/A

Profitability


  • $5.70
  • 18.75
  • 18.75
  • 18.75
  • $165.59 M

Key Stats

Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.


Latest News of IIPR

The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.


High uncertainty in fair value estimates implies considerable potential volatility in the stock price. Investors should factor in their risk tolerance and investment horizon when assessing this uncertainty.
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