
And taking a quick peek at the earnings, we see that they missed on both the FFO and revenue. But more on that in a second.
One of the reasons people really love IIPR stock is because of that juicy 7.14% dividend yield. And to be honest, some pretty impressive growth stats for a REIT as well.
Looking at the total returns, we see that in the past 5 years, IIPR did a pretty decent job with pretty high returns back in the days. As of lately, it is struggling.
So this begs the questions, what happened at the recent earnings and is IIPR stock in the buying range.
Earnings
As mentioned a second ago, IIPR stock missed on the EPS and revenue estimates.
What does IIPR do?
Innovative Industrial Properties is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities.
In this video:
00:00 - IIPR Stock
00:51 - IIPR Earnings
04:36 - IIPR Analysis
07:38 - IIPR Dividends
08:54 - IIPR Returns
10:15 - IIPR Price target
11:39 - Conclusion
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DISCLAIMER:
Remember to always do your own research and never fully trust on what I, or other Youtubers, say about a stock. I'm not a financial advisor and this content is just for entertaining purposes only.
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