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barnabygraham
Aug 22, 2022 6:10 PM

IIPR Fundamentals Long

Innovative Industrial Properties, Inc.NYSE

Description

IIPR is a RIET which focuses on leasing to cannabis growers. PE at 20, dividend yield of 2% - is this a fair price?

The dividend keeps increasing, more cash than debt, operating margin of 83%.

A lot of dilution.

Large bear flag measured move has already been met but strong bearish momentum and possible flag short term.
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