Published on 14 Jan 2022 on Zacks via Yahoo Finance
Innovative Industrial Properties (IIPR) closed at $209.88 in the latest trading session, marking a -0.4% move from the prior day. This change lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.42%.
Heading into today, shares of the company had lost 11.7% over the past month, lagging the Finance sector's gain of 5.73% and the S&P 500's gain of 0.22% in that time.
Innovative Industrial Properties will be looking to display strength as it nears its next earnings release. In that report, analysts expect Innovative Industrial Properties to post earnings of $1.84 per share. This would mark year-over-year growth of 42.64%. Our most recent consensus estimate is calling for quarterly revenue of $58.25 million, up 57.05% from the year-ago period.
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