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