Strength Seen in Innovative Industrial Properties (IIPR): Can Its 4.8% Jump Turn into More Strength? [Yahoo! Finance]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: Yahoo! Finance
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 schedule three drug instead of schedule one, which is reserved for drugs with a high potential for abuse. This company is expected to post quarterly funds from operations (FFO) of $2.27 per share in its upcoming report, which represents a year-over-year change of +0.9%. Revenues are expected to be $79.65 million, up 4.7% from the year-ago quarter. While FFO and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in FFO estimate revisions and near-term stock price movements. For Innovat
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IIPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IIPR alerts
High impacting Innovative Industrial Properties, Inc. news events
Weekly update
A roundup of the hottest topics
IIPR
News
- Innovative Industrial Properties: Fair Price, No Signs Of Recreating Its Past [Seeking Alpha]Seeking Alpha
- Gold Flora Expands Cultivation Footprint at Desert Hot Springs Campus [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties (IIPR) Q1 FFO and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties Reports First Quarter 2024 ResultsBusiness Wire
IIPR
Earnings
- 5/8/24 - Miss
IIPR
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- IIPR's page on the SEC website