IIPR Similar Chart Price Prediction
The price of IIPR is predicted to go up -1.26%, based on the high correlation periods with ITT. The similarity of these two price pattern on the periods is 94.19%.
IIPR
ITT
Down: -1.26%Similarity: 94.19%
IIPR Revenue Forecast
IIPR EPS Forecast
IIPR FAQs
What is IIPR revenue forecast for next quarter？
IIPR Analyst's Forecast
Scott Fortune
Roth MKM
Strong Buy
2025-02-21
Price Target
$140 → $130
Upside
+78.89%
Roth MKM lowered the firm's price target on Innovative Industrial Properties to $130 from $140 and keeps a Buy rating on the shares. The company reported a slight consensus beat on revenue and AFFO/share, driven primarily by the application of $5.7M in security deposits to cover the lost PharmaCann rent, though the firm is modeling 2025 revenue of $296M, down 4% y/,y reflecting tempered pipeline conversion and the loss of the two PharmaCann properties, the analyst tells investors in a research note. Roth adds however that tenant risk for Innovative Industrial remains minimal, despite expectations for a weaker 2025 for the cannabis industry.
Thomas Catherwood
BTIG
Strong Buy → Hold
2024-12-23
Price Target
n/a
Downside
0%
Merrill Ross
Compass Point
Strong Buy → Hold
2024-12-20
Price Target
$125 → $78
Upside
+5.89%
