Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________ TO _________ Commission file number: 001-37949 Innovative Industrial Properties, Inc. (Exact Name of Registrant as Specified in It ...

Exhibit 99.1 Innovative Industrial Properties Reports First Quarter 2024 Results Executed New Leases at Four Existing Properties Totaling $69.4 Million in Invested/Committed Capital YTD SAN DIEGO, CA – May 8, 2024 – Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the first quarter ended March 31, 2024. First Quarter 2024 and Year-to-Date Financial Resu ...

Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $2.21 per share, missing the Zacks Consensus Estimate of $2.27 per share. This compares to FFO of $2.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -2.64%. A quarter ago, it was expected that this company would post FFO of $2.24 per share when it actually produced FFO of $2.28, delivering a surprise of 1.79%. Over the last four quart ...

Innovative Industrial Properties, Inc. (IIPR) , a leading real estate investment trust (REIT) specializing in the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities, is set to announce its first-quarter 2024 earnings results on May 8 after market close. In the last reported quarter, Innovative Industrial delivered a surprise of 1.79% in terms of adjusted funds from operations (FFO) per share. Results reflect ...

Innovative Industrial Properties (IIPR) shares soared 4.8% in the last trading session to close at $103.40. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.2% loss over the past four weeks. The increased optimism in the stock stems from the recent media news on marijuana. The U.S. Drug Enforcement Administration is planning to reclassify marijuana as a lower-risk drug. It recommends considering marijuana as a less stringent sch ...

Innovative Industrial Properties (IIPR) closed the most recent trading day at $97.71, moving -0.17% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%. The company's stock has dropped by 5.47% in the past month, falling short of the Finance sector's loss of 5.37% and the S&P 500's loss of 3.15%. The upcoming earnings release of Innovative Industrial Properties wi ...

股价表现 - Innovative Industrial Properties (IIPR) 在最新交易日收盘价为 $98.69，较上一交易日收盘价上涨了 +0.06% [1] - IIPR 过去一个月股价下跌了 4.78%，超过了金融行业的下跌幅度 4.82%，但落后于标普500指数的下跌幅度 3.01% [2] 财务预期 - IIPR 将于2024年5月8日发布财报，预计每股收益为 $2.27，同比增长 0.89%，营收预期为 $79.65 百万美元，同比增长 4.71% [3] - Zacks Consensus Estimates 预测 IIPR 全年每股收益为 $9.18，营收为 $321.45 百万美元，较去年分别增长了 +1.1% 和 +3.86% [4] 估值和评级 - 分析师对 IIPR 的估值近期有所调整，表达了分析师对公司业务运营和盈利能力的积极态度 [5] - Zacks Rank 利用估值调整开发了一个评级模型，目前 IIPR 的 Zacks Rank 为 2 (买入) [7] 行业排名 - IIPR 所属的 REIT and Equity Trust - Other 行业目前的 Zacks Industry Rank 为 150，在所有 250+ 个行业中排名倒数 41% [9] - 研究显示，排名前50%的行业的表现比排名后50%的行业好一倍 [10]

公司股价表现 - Innovative Industrial Properties (IIPR) 最近收盘价为$93.62，较前一交易日下跌了0.92%[1] - 公司股价在过去一个月内下跌了3.19%，超过金融行业的6.34%损失，但落后于标普500指数的1.09%损失[2] 财务预测 - 分析师预测Innovative Industrial Properties将公布每股收益为$2.27，较去年同期上涨0.89%，预计营收为$79.65百万美元，较去年同期增长4.71%[3] - Zacks Consensus Estimates全年预计每股收益为$9.18，营收为$321.45百万美元，较上一年分别增长了+1.1%和+3.86%[4] 评级和行业比较 - 公司目前拥有Zacks Rank 2 (Buy)评级[7] - Innovative Industrial Properties的前瞻市盈率为10.29，相比其行业平均前瞻市盈率10.74，具有折价优势[8] - REIT and Equity Trust - Other行业属于金融领域，目前该行业在所有250+个行业中排名前32%[9] - Zacks Industry Rank评估了不同行业群体的实力，研究显示排名前50%的行业胜过后50%的行业2倍[10]

Cannabis stocks are buzzing with optimism on the back of widespread positive updates. Germany recently legalized pot for recreational use, while Canada is rethinking cannabis taxes. Moreover, Florida is eyeing legalization through a November ballot. These positive developments are pushing cannabis stocks to fresh highs, offering a healthy upside ahead. Furthermore, we’re seeing cannabis’ legal status evolve, and public support in the U.S. is hitting record levels. With global sentiment shifting towards acce ...

公司表现 - Innovative Industrial Properties (IIPR) 最新收盘价为 $98.98，较前一天上涨了 +1.22% [1] - 公司股价在过去一个月上涨了 0.11%，表现优于金融部门的下跌 3.65%，但低于标普500指数的上涨 0.8% [2] - Innovative Industrial Properties目前的前瞻市盈率为 10.65，低于行业平均值 10.99 [7] 财务预测 - 投资者对Innovative Industrial Properties即将发布的财报非常感兴趣，预计每股收益将达到 $2.27，同比增长 0.89%，营收预计为 $79.65 亿美元，同比增长 4.71% [3] - Zacks Consensus Estimates 预测公司全年每股收益为 $9.18，营收为 $3.2145 亿美元，较去年分别增长 +1.1% 和 +3.86% [4] 行业评估 - REIT and Equity Trust - Other 行业属于金融部门，Zacks Industry Rank 为 97，在所有 250+ 个行业中排名前 39% [8] - Zacks Industry Rank 评估了不同行业群体的实力，研究显示排名前50%的行业表现优于后50%的行业 [9]