Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · IEX Real-Time Price · USD
107.78
+0.81 (0.76%)
At close: May 31, 2024, 4:00 PM
107.80
+0.02 (0.02%)
After-hours: May 31, 2024, 7:38 PM EDT
IIPR Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for IIPR stock have an average target of 99.33, with a low estimate of 95 and a high estimate of 103. The average target predicts a decrease of -7.84% from the current stock price of 107.78.
Analyst Consensus: Hold
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for IIPR stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Hold Maintains $80 → $100 | Hold | Maintains | $80 → $100 | -7.22% | Mar 7, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $85 → $103 | Hold | Maintains | $85 → $103 | -4.43% | Feb 29, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $80 → $85 | Hold | Maintains | $80 → $85 | -21.14% | Nov 6, 2023 |
Compass Point | Compass Point | Strong Buy → Hold Downgrades $95 | Strong Buy → Hold | Downgrades | $95 | -11.86% | Sep 5, 2023 |
Piper Sandler | Piper Sandler | Buy → Hold Downgrades $80 | Buy → Hold | Downgrades | $80 | -25.77% | Jun 30, 2023 |
Financial Forecast
Revenue This Year
318.34M
from 309.51M
Increased by 2.85%
Revenue Next Year
332.50M
from 318.34M
Increased by 4.45%
EPS This Year
5.42
from 5.77
Decreased by -6.09%
EPS Next Year
5.97
from 5.42
Increased by 10.18%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 333.0M | 355.6M |
Avg | 318.3M | 332.5M |
Low | 299.9M | 306.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 7.6% | 11.7% |
Avg | 2.9% | 4.4% |
Low | -3.1% | -3.8% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 6.08 | 6.45 |
Avg | 5.42 | 5.97 |
Low | 3.91 | 5.59 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 5.4% | 19.0% |
Avg | -6.1% | 10.2% |
Low | -32.2% | 3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.