Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR-PA)
Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock operates in the REIT - Industrial industry of the Real Estate sector, headquartered in San Diego, CA, US. The stock last traded at $24.91, down 0.08% on the session, giving a market capitalisation of $50.2M. On trailing twelve-month figures it carries a trailing P/E of 12.30, a net margin of 52.3%. Its beta of 0.05 implies it has historically moved less than the broad market.
Innovative Industrial Properties, Inc. is a Maryland-incorporated entity that independently oversees its operations. It concentrates on acquiring, holding, and overseeing niche real estate assets, which are subsequently leased to seasoned, state-approved operators for their regulated medical cannabis facilities. The company also chose to be taxed as a real estate investment trust, a status that began with the fiscal year concluding December 31, 2017.
Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock is most often compared with the following Real Estate names: