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INNOVATIVE INDUSTRIAL PROPERTES INC COM USD0.001INNOVATIVE INDUSTRIAL PROPERTES INC COM USD0.001INNOVATIVE INDUSTRIAL PROPERTES INC COM USD0.001

INNOVATIVE INDUSTRIAL PROPERTES INC COM USD0.001

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IIPR: Most Promising REIT; Wait A Bit Longer Before InvestingIIPR is arguably one of the most promising REITs for potential explosive growth over the next 10 years. With Cannabis going under a violent and virtually epic burst where many stocks have lost 300-400% on average, and some over 500%, IIPR is finishing its correction. Financially, the company is excellent, but technically and in a beaten down sector the stock should work back down to the trend-line where it either sinks below or rises above. I believe it will bounce off a lower fib level near $67-70 and start the next upwards wave. On the flip-side, if it breaks below this trend-line (which is unlikely), it would fall to the $50 level. Although there are a few people on TradingView that are obsessed with this stock, there is no denying that for a REIT, a P/E of 55x is almost outrageous even for a speculative sector like Cannabis. I would wait another two weeks before deciding on a potential investment. - zSplit
NYSE:IIPR
by PaulDeep19131
1
IIPR one last push IIPR has been one of the best performing REIT's over the last 24 months. Its peak high was a 700% move from the 2017 bottom and currently is at a 400% return not including dividends. Structurally a crash cycle looks to be forming but there are many months that need to play out before this can be confirmed. I am looking to see one last thrust in IIPR to retest resistance in the $110-$120 range before a potential drawdown below $50. Fundamentally the catalyst for a large drop in price would likley come from the passing of safe banking regulations in the canabis industry. Currently, companies in this sector cannot open bank accounts which puts a strain on cash management and the use of leverage with banks. As a result IIPR has benefited from large scale "sale/leaseback" transactions with these corporations looking to inject liquidity into their operations by selling real estate holdings and leasing them back at a premium. However.... this strategy will slow down tremendously once banking regulations are passed. Why? Simply put, companies will be able to establish lines of credit, loans and mortgages with banks at lower cost.
NYSE:IIPR
by Cryptic_Insight
3
IIPR: Innovative Industrial Properties The San Diego-based company is a real estate investment trust (REIT) specializing in properties used for growing and processing cannabis in U.S. states where medical marijuana is legal. While Innovative Industrial's stock has been dragged down over the last few months by sector weakness, the fast-growing company continues to post great quarterly numbers. In the second quarter, its revenue soared 155% year over year to $8.28 million, earnings per share (EPS) jumped 76% to $0.30, and adjusted funds from operations (FFO) per share -- a key profitability metric for REITs -- surged 90% to $0.59. Innovative Industrial Properties (NYSE:IIPR) is back to doing what it does best: purchase facilities that can be used to grow and process cannabis, lease them to state-licensed operators, and pass the profits on to investors. The real estate investment trust (REIT) completed a sale-leaseback deal with multistate dispensary company PharmaCann on Oct. 30. IIP paid $18 million plus transaction costs for a 48,000-square-foot industrial property in Dwight, Illinois. The REIT immediately entered into a triple-net lease with PharmaCann, which will continue to use the facility for cannabis cultivation and processing. IIPR will also reimburse PharmaCann for up to $7 million in tenant improvements. PharmaCann intends to use the funds to expand the property by about 18,000 square feet as it seeks to double its production capacity. The deal is the fifth time IIP has acquired a property from, and leased it back to, PharmaCann. Market Cap 845.75m Eneterprise Value 948.99 Way undervalued Dividend Yield 4.08% P/E FY 39x P/B 2.9x EPS 2020 79.4% YoY estimate. Price Target 140$ near 100% potential paying solid dividend. MACD showing bullish momentum BUY RSI breaking above downtrend line BUY EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account. Stocks & ETFs, Currencies, Metals, Futures , Options, Funds, Bonds, Crypto¬currencies. Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures , foreign currencies, and bonds involve a high level of risk. Single trading account Trade in 50+ markets in the US, Europe and Asia — from your all-in-one multicurrency account on any device exante.eu
NYSE:IIPRLong
by EXANTE-TOG
Nice Hold. Go With The TrendNot much to add to that statement really. It's just that simple ironically. You are never in complete control, so all you can really do is that which is most probable. It looks like it is even capable of breaking $70. All the news seems to be priced in at this point, and it's trading at multiples significantly higher than it's industry peers. The price to sales is ridiculous. Also, judging by the uptick we saw this morning, and the sudden sell off that followed, it looks like the underwriters may still have shares to sell from that at the market offering, but we will have to wait until their next earnings report to confirm that.
NYSE:IIPRShort
by InteractiveSwingTrading
One of The Most Overvalued Companies On The ExchangeIt looks like the bubble has popped for good this time, and with the SAFE banking act being the talk of the town, people might not be so keen to invest in this special situations REIT. Once that bill gets passed, the special situation won't be all that special anymore. IIPR, you should have sold more shares like the rest of your industry peers! The trend looks great too. Forget those fib lines, they were on the chart before this trade idea, but my phone won't let me remove them for some reason right now. No access to a desktop at the moment
NYSE:IIPRShort
by InteractiveSwingTrading
IIPR Ebb and flow? Kinda drafting this idea. Might expand on it. ________________________________________ MJ ETF at the bottom but still needs time to turn. LOST A TON in the last 5 days. LIKE 20%. VERY good price for this but A LOT of MJ stocks are at CRAZY discounts. TLRY CGC CRON NEPT! This has not fallen like them. ... Is money shifting from ETF back to individual names.... Most names seem to be turning a corner at the bottom MAYBE. Not confirmed yet. WATCH THIS MONDAY for oversold bounce REGARDLESS, but be ready for even LOWER. It can always go lower. This could be an ebb and flow thing. The ETF goes higher while individual names fall then it changes back. No holding this but maybe short after a bounce if individual names continue up. Does have a dividend.
NYSE:IIPR
by Noxtreme