15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Innovative Industrial Properties Inc, 0 rate it Buy or better, 1 sit at Hold, and 1 rate it Sell or worse, a moderate sell consensus. Targets are tightly clustered, $45.00 to $51.00, so the covering firms are broadly aligned. The average target of $48.00 sits 21% below the current $60.60. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.09 next quarter toward $4.79 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold150%
Sell150%
Strong Sell00%
Based on 2 analysts giving stock ratings to Innovative Industrial Properties Inc.
As of Jul, 0 of 2 firms rate IIPR a Buy (1 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
IIPR EPS & revenue forecast
EPS · NEXT QUARTER
$1.09
Range $1.08 – $1.11 · 2 analysts · +13% YoY
Next period, 2 analysts expect Innovative Industrial Properties Inc to earn $1.09 a share (range $1.08 – $1.11), versus $0.97 a year earlier. Full-year consensus is $4.28, growing to $4.79 the year after.
REVENUE · NEXT QUARTER
$69.0M
Range $66.9M – $70.8M · 2 analysts · +7% YoY
Revenue is expected to reach $69.0M (range $66.9M – $70.8M), +6.7% year-over-year. Full-year consensus is $277.6M, rising to $281.6M next year.
Top analysts covering Innovative Industrial Properties Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on IIPR.
#1
Alexander Goldfarb
Piper Sandler · Rank #97
Sell
$51.00-15.8% to target
Overall win rate
43%
+ Follow
#2
Aaron Hecht
JMP Securities · Rank #221
Hold
No targeton IIPR
Overall win rate
42%
+ Follow
#3
Scott Fortune
Roth MKM · Rank #257
Buy
$130.00+114.5% to target
Overall win rate
34%
+ Follow
#4
Patrick Walravens
JMP Securities · Rank #378
Hold
No targeton IIPR
Overall win rate
15%
+ Follow
#5
Merrill Ross
Compass Point
Hold
$45.00-25.7% to target
Coverage
—
+ Follow
IIPR stock forecast FAQ
What is IIPR's average 12-month price target?+
The 2 analysts with a live target average $48.00 for Innovative Industrial Properties Inc over the next 12 months, ranging from a $51.00 high to a $45.00 low.
Is IIPR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 2 analyst ratings, 0 are Buy or Strong Buy, 1 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for IIPR?+
The Street-high target is $51.00 (Piper Sandler), and the Street-low is $45.00 (Compass Point). The average of all 2 active targets is $48.00.
How many Wall Street analysts cover IIPR?+
2 analysts have an active rating on Innovative Industrial Properties Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering IIPR?+
Among analysts who currently cover IIPR, Alexander Goldfarb of Piper Sandler has the strongest overall Quantellect track record (Rank #97). Their current call is Sell with a $51.00 target.
What is Innovative Industrial Properties Inc's projected EPS for next quarter?+
The consensus estimate is $1.09 per share (range $1.08 – $1.11) across 2 analysts. Full-year EPS is projected at $4.28, rising to $4.79 the following year.
How much revenue is Innovative Industrial Properties Inc expected to report next quarter?+
Consensus revenue is $69.0M (range $66.9M – $70.8M). Full-year revenue is projected at $277.6M, growing to $281.6M next year.
Have analysts been upgrading or downgrading IIPR lately?+
As of Jul, 0 of 2 firms rate IIPR a Buy (1 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their IIPR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
