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Innovative Industrial Properties IncInnovative Industrial Properties IncInnovative Industrial Properties Inc

Innovative Industrial Properties Inc

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1IK trade ideas

Innovative Industrial Properties: Low AheadThe stock of Innovative Industrial Properties managed to stabilize somewhat at the upper edge of our green Target Zone (coordinates: $53.48 – $16.80) but should soon initiate the next downward impulse. In the short term, we expect a final corrective movement deeper into our green Target Zone to establish the low of the overarching wave in green. Once the wave low is settled, the impulsive wave in green should take over and carry the stock beyond the resistance at $137.90.
NYSE:IIPR
by MarketIntel
A Compelling Opportunity!After dropping 52%, IIPR is now trading at an 8x P/AFFO, significantly below historical levels. According to GuruFocus, using IIPR has a Fair Value of $178 implying a 61.92% margin of safety based on EPS w/out NRI, by FCF, a 76% margin of safety, and by adjusted divi 57% The PharmaCann lease defaults accounts for 16.5% of IIPR's annual base rent, its largest tenant. This is not the first time IIPR has dealt with tenant defaults. IIPR has a better chance of recovering the lost revenue in a shorter time than in the 2022 defaults due to the locations and high demand in those areas. On a technical note, the SP is trading near historical supply/demand zones which may provide support for a bottom. the RSI dipped to a historical low of 11.3. Historically, when the RSI dips to 20 and then starts trending positive, an average of 65% gain followed before beginning an intermediate trend or breaking the primary trend. The sell-off is exaggerated given the overall fundamental condition of the company and the % of revenue affected. The timing of the news contributed to the steep sell-off with tax-loss harvesting. Although a speculative industry due to unknown future legislation, IIPR remains the premier cannabis REIT. I believe the company will increase positive FCF once again and quickly recover revenue as it has in the past while continuing to diversify its ABR streams.
NYSE:IIPR
by Jrussell86
The Relative Strength Index (RSI) for $IIPR is currently in overTechnical Analysis The Relative Strength Index (RSI) for NYSE:IIPR is currently in oversold territory, with a value below the critical threshold of 30. This indicates that the stock has been significantly oversold, which historically precedes a reversal or rebound in price. This technical signal suggests a favorable entry point for investors seeking to capitalize on potential upward momentum. Fundamental Analysis Undervalued Stock: NYSE:IIPR is trading below its intrinsic value, as evidenced by attractive valuation multiples such as Price-to-Earnings (P/E) and Price-to-Book (P/B) ratios, which are lower than industry averages. A Discounted Cash Flow (DCF) analysis further supports the view that the current market price does not fully reflect the company’s robust fundamentals. High Cash Reserves: The company maintains substantial cash reserves, enhancing its financial stability and providing the flexibility to pursue growth initiatives or mitigate economic headwinds effectively. Strong Net Profit Margin: NYSE:IIPR demonstrates operational excellence, with a net profit margin that is significantly above industry benchmarks. This highlights its efficiency in generating high-quality earnings and its ability to deliver consistent returns to shareholders. Conclusion The combination of a compelling valuation, oversold RSI, solid cash reserves, and strong profitability makes NYSE:IIPR an attractive investment. These factors position the stock as a unique opportunity for both value and growth-oriented investors. Considering these insights, NYSE:IIPR warrants close attention for inclusion in a well-diversified portfolio. If you have any questions or would like a deeper dive into the analysis, feel free to reach out.
NYSE:IIPRLong
by swingstocktraders
IIPR: The Right Time for Investing in Cannabis Real EstateInnovative Industrial Properties, Inc. (NYSE:IIPR) , a leading real estate investment trust specializing in the acquisition, ownership, and management of specialized properties leased to medical cannabis companies, represents an attractive long-term investment opportunity. This publication serves as a reminder of the previous investment idea, emphasizing that the offer remains relevant in light of the ongoing growth and strong fundamental indicators of the company. IIPR successfully expands its portfolio in the high-yield segment of the real estate market associated with cannabis, demonstrating impressive results in the form of stable revenue and dividend growth. The company benefits from the increasing legalization of medical cannabis in the US, which expands its potential market and strengthens its position as a reliable partner for tenants. IIPR's financial indicators continue to remain high thanks to a strategic approach to investment and portfolio management. The company not only provides high returns to its shareholders through regular dividend payments but also demonstrates sustainable capitalization growth, making it attractive for long-term investors. In the context of the current market climate, IIPR stands out for its ability to adapt to changes in the regulatory environment and economic conditions while maintaining strong operational performance. Investors looking for a stable and potentially growing source of income in the real estate sector should reconsider IIPR as an essential element of their investment portfolio. This publication serves as a reminder that the initial investment idea remains valid, and IIPR continues to offer a unique opportunity for investors aiming to diversify their portfolios by investing in the high-yield and strategically important cannabis-related real estate sector. NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
NYSE:IIPRLong
by olimchik
High-Potential Investments in the Medical Marijuana SectorShares of Innovative Industrial Properties, Inc. (NYSE:IIPR) , a leader in real estate investment for the medical marijuana industry, represent a high-potential investment opportunity. In the context of the rapid growth and legalization of medical marijuana in many regions, IIPR occupies a unique position in the market, providing the necessary infrastructure for producers. Analysts note that IIPR has a robust portfolio of properties leased to companies specializing in the cultivation and distribution of medical marijuana. This ensures a stable and predictable revenue stream through long-term lease agreements. The company also stands out for its strategy of actively expanding its portfolio, acquiring and developing properties in new and growing markets. This expansion allows IIPR not only to increase its revenue but also to diversify risks associated with legislative and market dynamics. Furthermore, IIPR benefits from its status as a REIT (Real Estate Investment Trust), which offers tax advantages and requires the distribution of most of its income to shareholders in the form of dividends. This makes IIPR shares particularly attractive to investors seeking regular income. Considering these factors, IIPR presents an attractive investment opportunity, combining stable rental income with growth potential in the rapidly developing medical marijuana sector. Investors interested in diversifying their portfolio and exploring opportunities in new industries should consider IIPR as a promising investment direction.
NYSE:IIPRLong
by olimchik
IIPR short to 75 as low as 56 death cross at 130 Danger...Not financial advice Death cross at 130.00 Death crossed is defined as 200 week moving average moves below the 20 Week Moving Average. Weekly chart so won't happen overnight. Currently trading under 20week Moving Average. Like and follow Classic death cross 5 wave corrective cycle that can take us as low to 56.00 by end of 1st quarter 2023. I'm used to crypto trading so these moves happen alot slower on traditional markets but it's a pattern I've seen a thousand times. Could get one more push up to around 110 -120 level before final drawdown. Always be patient. #PIK Patience is Key #TLAW Think Like A Whale
NYSE:IIPRShort
by ThinkLikeaWhaleTLAW
IIPR - the bottom may not be inHere is a look at IIPR on the weekly chart. It's possible that we're at the deepest value that we'll see, but it's possible that we'll see opportunities between $70-75 in a downtrend that could extend from July to September. It's interesting to see how consistently it's experienced turning points on the fib time zone. I rarely plot fib time zones because they become less accurate over time, but this one has been like clockwork. We see a strong bottoming signal in the MACD and sentiment last August, followed by breaking out of the steep downtrend and continuation to the top of the long term channel. Now it's hit resistance at the top of the channel near the $124 volume zone and resumed a decent along the steep downtrend from Nov '21. Until it exits the remaining down trend lines the lower channel is in play. We also have a strong trend toward $70-75 range in a ranging pattern that could extend through August before resuming upward continuation.
NYSE:IIPR
by Ben_1148x2
3
Rectangle//REITs and the EconomyNeutral pattern. A rectangle is a horizontal trading channel that binds price action. In order to grow, REITs need to raise external debt and equity capital from investors. As a result, higher interest rates increase a REIT's cost of debt and make it incrementally harder to achieve profitable growth. During periods of economic growth, REIT prices tend to rise along with interest rates. The reason is that a growing economy increases the value of REITs because the value of their underlying real estate assets increases. In a growing economy, the demand for financing also increases, resulting in increased interest rates. Conversely, in a slowing economy, when the Fed is tightening money, the relationship turns negative. No recommendation
NYSE:IIPR
by lauralea
Iron Condor Idea for 10/21 ExpirationInnovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. It operates through the following geographical segments: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia and Washington. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc. The company was founded by Alan D. Gold and Paul E. Smithers on June 15, 2016 and is headquartered in Park City, UT. The listed name for IIPR is Innovative Industrial Properties, Inc. Common stock.
NYSE:IIPR
by zach6667
IIPR - 3 Peaks and a Domed HouseFrom Lindsay's book, the move up (and subsequent decline) of IIPR appears to meet the criteria of a 3 Peaks and Domed House formation. One critical aspect of this pattern is that the decline must fully retrace to the bottom of the Separating Decline (G). The ultimate target has no time limit to be reached (if it is to do so). This targeting could easily be combined with other T.A. methodologies as supplemental information. While he focused upon the indexes (primarily the Dow), I have applied this to futures, individual stocks, ratios, etc. Also, I believe his focus was daily charts. I find this to be of value for wkly and mthly charts as well. Some targets Ive had have taken years to be reached. The most interesting application I had (not real time, but after the fact) was that of crude. The target I calculated actually ended up being a negative number (which was actually reached when crude went negative not long ago!). Of course, this could not happen with a stock/index. It could happen with a yield curve calculation though if the pattern were applicable. Anyway, this is just a bit of "old school" that still works nicely these days!
NYSE:IIPRShort
by ta96ninja
IIPR Prommising uptrend establishmentDear Colleagues, this is my first post in tradingview.com IIPR is a promising company with rating of good to very good as per the QoQ performance. the price of the stock got oversold and start to rebound as per the technical indicators shown in the graph ( this is Weekly chart). new Elliot wave is expected to birth. consider the following when trading this stock 1- Do not go all in. Allocate money for the buy and buy in steps ( Dollar Average ) 2- Do not put more than 2-3% of your total investment. ( Risk Management ) 3- stop loss is a must for all your trades and dont be greedy. ( Risk Management ). I am expecting to reach our target by December 2022. wish you all the best.
NYSE:IIPR
by ahmed75773
#1 in industry If the United States wishes to continue leading the world in economic power and innovation your old copy of reefer madness belongs in the trash bin. Cannabis prohibition was formed out of racist white supremest ideology its a stain in the history books. Industrialized Hemp is the textile to rule them all. With emerging Asian economies and the ultimate industrialization of Africa the U.S would be wise to move away from single use petroleum plastic products and instead utilize biodegradable Hemp plastics.
NYSE:IIPRLong
by pitachio7712
IIPR, Long to above 260 USD !IIPR can make a new ATH? Lets follow! It seems that IIPR has recently completed or just near to complete wave 4 of a 5 segment up going wave. If true , It is going to make a new ATH. Strong support is remarked on the chart with comprehensive information. Also, Next strong Resistance zone with detailed information is shown on the chart. We probably will have a strong decline after making a new ATH. Stochastic indicator is in oversold zone in daily time frame and is making a bullish divergence. This is a text book example of an ideal set up to go long and we certainly will try our chance to make profit but we keep in mind that we always have to trade objectively. Good Luck Everyone.
NYSE:IIPRLong
by SaeedSajedi
3
$IIPR could make a run for $300The stock has been making a flag pattern after the market topped. If we take the runaway gap made at the beginning of July as the initial move before the flag, then is a 57 point move. According to the flag pattern measure rules, if a breakout above occurs, then the price of NYSE:IIPR should get to $300. Last week rebounded from its support at $222 with a nice hammer candlestick. But, until the breakout happens I won't make any trades. Always wait for confirmation. The company is ranked #1 in the Finance-Property REIT Group by IBD Investors and has a IBD relative strength rating of 89. This indicates that is a leading stock. For me it isn't a leading stock as is making lows with the SP:SPX , but if it holds the pattern is worth to keep an eye on.
NYSE:IIPRLong
by dpuleo19