Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Is Innovative Industrial Properties a Buy at Under $75? [The Motley Fool]

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: The Motley Fool
Innovative Industrial Properties(NYSE:IIPRAt the moment, shares of the real estate investment trust (REITImage source: Getty Images.Reasons to buyGenerally, businesses that manufacture or sell marijuana have a hard time borrowing money in the U.S. and that's where IIP comes in. Since there isn't a federal law against collecting rent from cannabis-related businesses, licensed operators are lining up to borrow money from the REIT to acquire and retrofit new facilities or borrow against facilities they already own.In 09 alone, IIP acquired medical marijuana facilities and entered into long-term leases with at least new licensed operators spread across several states including California, Florida, and Michigan. So far this year, the REIT has already acquired four more properties and before the COVID-9 pandemic made real estate shopping much trickier than usual.Many REITs that have cash flows that rise and fall along with the success of businesses that operate in their buildings, but IIP Show less Read more
Impact Snapshot
Event Time:
IIPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
IIPR alerts

from News Quantified
Opt-in for
IIPR alerts

from News Quantified