Free Trial

Innovative Industrial Properties (IIPR) Competitors

$107.78
+0.81 (+0.76%)
(As of 05/31/2024 ET)

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).

Innovative Industrial Properties vs.

GrowGeneration (NASDAQ:GRWG) and Innovative Industrial Properties (NYSE:IIPR) are both basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, risk, community ranking, dividends, earnings, institutional ownership, analyst recommendations, valuation and media sentiment.

GrowGeneration presently has a consensus price target of $3.88, suggesting a potential upside of 53.16%. Innovative Industrial Properties has a consensus price target of $99.00, suggesting a potential downside of 8.15%. Given Innovative Industrial Properties' stronger consensus rating and higher possible upside, equities analysts clearly believe GrowGeneration is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GrowGeneration
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Innovative Industrial Properties
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Innovative Industrial Properties had 6 more articles in the media than GrowGeneration. MarketBeat recorded 7 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 0.71 indicating that GrowGeneration is being referred to more favorably in the media.

Company Overall Sentiment
GrowGeneration Positive
Innovative Industrial Properties Positive

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.

CompanyUnderperformOutperform
GrowGenerationOutperform Votes
53
61.63%
Underperform Votes
33
38.37%
Innovative Industrial PropertiesOutperform Votes
280
57.97%
Underperform Votes
203
42.03%

GrowGeneration has a beta of 2.99, meaning that its share price is 199% more volatile than the S&P 500. Comparatively, Innovative Industrial Properties has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500.

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 insiders. Comparatively, 1.5% of Innovative Industrial Properties shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GrowGeneration$225.88M0.68-$46.50M-$0.79-3.20
Innovative Industrial Properties$309.51M9.87$165.59M$5.7018.91

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.

Company Net Margins Return on Equity Return on Assets
GrowGeneration-22.68% -18.00% -13.06%
Innovative Industrial Properties 53.07%8.46%6.85%

Summary

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

Get Innovative Industrial Properties News Delivered to You Automatically

Sign up to receive the latest news and ratings for IIPR and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

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 Chart

Media Sentiment Over Time

This 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.
Skip Chart

IIPR vs. The Competition

MetricInnovative Industrial PropertiesReal estate IndustryFinance SectorNYSE Exchange
Market Cap$3.05B$3.30B$9.72B$17.79B
Dividend Yield6.81%6.72%5.96%3.55%
P/E Ratio18.9130.6345.5125.81
Price / Sales9.8720.29109.7811.40
Price / Cash12.9923.2316.4118.95
Price / Book1.571.963.305.90
Net Income$165.59M-$6.87M$1.01B$976.46M
7 Day Performance-1.37%14.65%0.39%0.62%
1 Month Performance2.16%35.36%3.04%4.79%
1 Year Performance64.60%-1.24%17.32%24.00%

Innovative Industrial Properties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRWG
GrowGeneration
1.7173 of 5 stars
$2.53
+0.4%
$3.88
+53.2%
-31.4%$153.60M$225.88M-3.20372Positive News
XXII
22nd Century Group
1.8312 of 5 stars
$0.88
-18.5%
$100.00
+11,254.6%
-100.0%$7.30M$32.20M-0.0164Short Interest ↑
News Coverage
FSV
FirstService
4.3318 of 5 stars
$147.12
+2.4%
$186.00
+26.4%
+0.5%$6.62B$4.33B72.8329,000Positive News
High Trading Volume
CIGI
Colliers International Group
4.6308 of 5 stars
$112.16
+1.0%
$137.57
+22.7%
+20.6%$5.49B$4.34B54.7119,230Positive News
TRNO
Terreno Realty
3.5295 of 5 stars
$56.66
+1.0%
$64.22
+13.4%
-6.5%$5.48B$323.59M29.5142Positive News
High Trading Volume
LPA
Latam Logistic Properties
0 of 5 stars
$118.80
-54.1%
N/AN/A$3.77B$39.44M0.00N/ANews Coverage
Gap Up
High Trading Volume
CWK
Cushman & Wakefield
2.7162 of 5 stars
$11.12
+1.8%
$11.50
+3.5%
+38.4%$2.55B$9.49B277.8852,000Positive News
High Trading Volume
UE
Urban Edge Properties
1.8054 of 5 stars
$17.73
+3.1%
$18.00
+1.5%
+32.9%$2.11B$416.92M7.71109Positive News
FOR
Forestar Group
3.1591 of 5 stars
$34.04
+2.2%
$37.17
+9.2%
+64.5%$1.72B$1.44B8.47340Positive News
GTY
Getty Realty
2.42 of 5 stars
$27.60
+1.3%
$31.50
+14.1%
-18.2%$1.49B$185.85M23.5932Short Interest ↑
High Trading Volume

Related Companies and Tools

This page (NYSE:IIPR) was last updated on 6/2/2024 by MarketBeat.com Staff

From Our Partners