Innovative Industrial Properties Reports Third Quarter 2019 Results
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: Business Wire
Acquisitions Drive 201% Q3 Rental Revenue, 314% Q3 Net Income and 270% Q3 AFFO Growth Year-over-Year SAN DIEGO--(BUSINESS WIRE)--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 quarter ended September 30, 2019.Third Quarter 2019 Highlights Financial Results and Financing ActivityIIP generated rental revenues of approximately $11.2 million in the quarter, representing a 201% increase from the prior year’s third quarter.IIP recorded net income available to common stockholders of approximately $6.2 million for the quarter, or $0.55 per diluted share, and adjusted funds from operations (AFFO) of approximately $9.5 million, or $0.86 per diluted share. Net income available to common stockholders and AFFO increased by 314% and 270% from the prior year’s third quarter, respectively.IIP paid a quarterly dividend of $0.78 per share
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
- Levi & Korsinsky Reminds Shareholders of an Investigation into Innovative Industrial Properties, Inc. (IIPR) Regarding Potential Securities Fraud AllegationsAccesswire
- The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties, Inc. For Securities Law ViolationsAccesswire
- Levi & Korsinsky Reminds Shareholders of an Investigation into Innovative Industrial Properties, Inc. (IIPR) Regarding Potential Securities Fraud AllegationsAccesswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating Innovative Industrial Properties, Inc. (IIPR) And Encourages Shareholders to ConnectAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPRAccesswire
IIPR
Earnings
- 11/6/24 - Miss
IIPR
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- IIPR's page on the SEC website