How to buy Innovative Industrial Properties stock
Learn how to easily invest in Innovative Industrial Properties stock.
Innovative Industrial Properties is a reit - industrial business based in the US. Innovative Industrial Properties shares (IIPR.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $98.21 – an increase of 0.22% over the previous day. Innovative Industrial Properties employs 0 staff and has a trailing 12-month revenue of around $309.5 million.
How to buy shares in Innovative Industrial Properties
- Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
- Open your account. Provide your personal information and sign up.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: IIPR in this case.
- Research stocks. The platform should provide the latest information available.
- Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
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Is it a good time to buy Innovative Industrial Properties stock?
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Share price volatility
Over the last 12 months, Innovative Industrial Properties's shares have ranged in value from as little as $59.3356 up to $103.2265. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Innovative Industrial Properties's is 1.544. This would suggest that Innovative Industrial Properties's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
|1 week (2024-02-22)
|1 month (2024-02-01)
|3 months (2023-11-30)
|6 months (2023-08-31)
|1 year (2023-02-28)
|2 years (2022-03-01)
|3 years (2021-03-01)
|5 years (2019-02-28)
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
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Is Innovative Industrial Properties under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Innovative Industrial Properties P/E ratio, PEG ratio and EBITDA
Innovative Industrial Properties's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Innovative Industrial Properties stocks trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Innovative Industrial Properties's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $244.3 million.
The EBITDA is a measure of a Innovative Industrial Properties's overall financial performance and is widely used to measure a its profitability.
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