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Innovative Industrial Properties (IIPR) Competitors

$107.78
+0.81 (+0.76%)
(As of 05/31/2024 ET)

IIPR vs. GRWG, XXII, FSV, CIGI, TRNO, LPA, CWK, UE, FOR, and GTY

Should you be buying Innovative Industrial Properties stock or one of its competitors? The main competitors of Innovative Industrial Properties include GrowGeneration (GRWG), 22nd Century Group (XXII), FirstService (FSV), Colliers International Group (CIGI), Terreno Realty (TRNO), Latam Logistic Properties (LPA), Cushman & Wakefield (CWK), Urban Edge Properties (UE), Forestar Group (FOR), and Getty Realty (GTY).

Innovative Industrial Properties vs.

GrowGeneration (NASDAQ:GRWG) and Innovative Industrial Properties (NYSE:IIPR) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, community ranking, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.

GrowGeneration has a beta of 2.99, indicating that its stock price is 199% more volatile than the S&P 500. Comparatively, Innovative Industrial Properties has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500.

GrowGeneration currently has a consensus target price of $3.88, indicating a potential upside of 53.16%. Innovative Industrial Properties has a consensus target price of $99.00, indicating a potential downside of 8.15%. Given Innovative Industrial Properties' stronger consensus rating and higher probable upside, equities analysts clearly believe GrowGeneration is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GrowGeneration
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Innovative Industrial Properties
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

36.0% of GrowGeneration shares are owned by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are owned by institutional investors. 7.1% of GrowGeneration shares are owned by company insiders. Comparatively, 1.5% of Innovative Industrial Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Innovative Industrial Properties had 4 more articles in the media than GrowGeneration. MarketBeat recorded 5 mentions for Innovative Industrial Properties and 1 mentions for GrowGeneration. Innovative Industrial Properties' average media sentiment score of 1.22 beat GrowGeneration's score of 0.75 indicating that GrowGeneration is being referred to more favorably in the media.

Company Overall Sentiment
GrowGeneration Positive
Innovative Industrial Properties Positive

Innovative Industrial Properties has higher revenue and earnings than GrowGeneration. GrowGeneration is trading at a lower price-to-earnings ratio than Innovative Industrial Properties, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GrowGeneration$216.94M0.71-$46.50M-$0.79-3.20
Innovative Industrial Properties$309.51M9.87$165.59M$5.7018.91

Innovative Industrial Properties has a net margin of 53.07% compared to Innovative Industrial Properties' net margin of -22.68%. GrowGeneration's return on equity of 8.46% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
GrowGeneration-22.68% -18.00% -13.06%
Innovative Industrial Properties 53.07%8.46%6.85%

Innovative Industrial Properties received 227 more outperform votes than GrowGeneration when rated by MarketBeat users. However, 61.63% of users gave GrowGeneration an outperform vote while only 57.97% of users gave Innovative Industrial Properties an outperform vote.

CompanyUnderperformOutperform
GrowGenerationOutperform Votes
53
61.63%
Underperform Votes
33
38.37%
Innovative Industrial PropertiesOutperform Votes
280
57.97%
Underperform Votes
203
42.03%

Summary

Innovative Industrial Properties beats GrowGeneration on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IIPR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IIPR vs. The Competition

MetricInnovative Industrial PropertiesReal estate IndustryFinance SectorNYSE Exchange
Market Cap$3.05B$3.12B$9.99B$17.81B
Dividend Yield6.75%6.66%5.67%3.51%
P/E Ratio18.9130.6338.1125.82
Price / Sales9.8716.4195.8410.19
Price / Cash13.0920.8315.6919.14
Price / Book1.571.963.175.90
Net Income$165.59M-$6.87M$1.02B$976.46M
7 Day Performance-1.37%14.65%0.40%0.62%
1 Month Performance-0.50%34.74%2.47%3.61%
1 Year Performance56.73%-3.34%15.60%20.81%

Innovative Industrial Properties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRWG
GrowGeneration
1.7201 of 5 stars
$2.53
+0.4%
$3.88
+53.2%
-31.4%$153.60M$225.88M-3.20372Positive News
XXII
22nd Century Group
1.8272 of 5 stars
$0.88
-18.5%
$100.00
+11,254.6%
-100.0%$7.30M$32.20M-0.0164Upcoming Earnings
Short Interest ↑
News Coverage
FSV
FirstService
4.3362 of 5 stars
$147.12
+2.4%
$186.00
+26.4%
+0.5%$6.62B$4.33B72.8329,000Positive News
High Trading Volume
CIGI
Colliers International Group
4.6288 of 5 stars
$112.16
+1.0%
$137.57
+22.7%
+20.6%$5.49B$4.34B54.7119,230Positive News
TRNO
Terreno Realty
3.5473 of 5 stars
$56.66
+1.0%
$64.22
+13.4%
-6.5%$5.48B$323.59M29.5142Positive News
High Trading Volume
LPA
Latam Logistic Properties
0 of 5 stars
$118.80
-54.1%
N/AN/A$3.77B$39.44M0.00N/ANews Coverage
Gap Up
High Trading Volume
CWK
Cushman & Wakefield
2.4698 of 5 stars
$11.12
+1.8%
$11.50
+3.5%
+38.4%$2.55B$9.49B277.8852,000Gap Down
High Trading Volume
UE
Urban Edge Properties
2.7354 of 5 stars
$17.73
+3.1%
$18.00
+1.5%
+32.9%$2.11B$416.92M7.71109Positive News
FOR
Forestar Group
3.1965 of 5 stars
$34.04
+2.2%
$37.17
+9.2%
+64.5%$1.72B$1.44B8.47340News Coverage
GTY
Getty Realty
2.4166 of 5 stars
$27.60
+1.3%
$31.50
+14.1%
-18.2%$1.49B$185.85M23.5932Short Interest ↑
High Trading Volume

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This page (NYSE:IIPR) was last updated on 6/2/2024 by MarketBeat.com Staff

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