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Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2024 Results

1. IIPR reported $308.5 million in total revenues for 2024. 2. Net income reached $159.9 million, or $5.52 per share.

Earnings
-0.76%Current Return
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-0.39%S&P 500
$73.4302/19 04:43 PM EDTEvent Start
$72.8702/20 11:07 PM EDTLatest Updated
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FAQ

Why Bullish?

Strong revenue growth and profitability often attract investor interest. Previous positive earnings reports have boosted IIPR's stock prices significantly.

How important is it?

Earnings results are crucial for IIPR's valuation and investor perception, impacting stock prices. Strong financial health is particularly relevant for IIPR as a cannabis-focused real estate investment trust.

Why Long Term?

Sustained revenue growth suggests a strong business foundation, likely leading to long-term investor confidence. Historical trends indicate that consistent financial performance can lead to increasing stock valuations over time.

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SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the fourth quarter and year ended December 31, 2024. Full Year 2024 Total revenues of $308.5 million. Net income attributable to common stockholders of $159.9 million, or $5.52 per share (all per share amounts in this press release are reported o.

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