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Stock impact report

Innovative Industrial: 15% Yield, 1.4x Debt To EBITDA, Inflection Point In Defaults [Seeking Alpha]

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: Seeking Alpha
IIPR's low leverage (1.6x EBITDA) and minimal lease expirations provide resilience, even if a dividend cut occurs to support IQHQ investments. Recent leasing progress and an inflection point in tenant defaults support optimism, with AFFO per share rising sequentially from $1.71 to $1.88. Potential cannabis rescheduling remains a key catalyst, and IIPR's valuation appears to price in worst-case scenarios, presenting compelling upside. Looking for a portfolio of ideas like this one? Members of Best Of Breed Growth Stocks get exclusive access to our subscriber-only portfolios. Learn More » PetroliniVideo/iStock via Getty Images Innovative Industrial Properties ( IIPR ) has bounced handily from the lows. The company appears to have reached an inflection point in dealing with tenants in default. Even after the recent rally, the stock still has not priced in the optimism, with the stock yielding More on my IG service Sign Up For My Premium Service "Best of Breed Growth Stocks Show less Read more
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