$66.57
2.26% yesterday
NYSE, Dec 30, 08:45 pm CET
ISIN
US45781V1017
Symbol
IIPR

Innovative Industrial Properties Inc Target price 2024 - Analyst rating & recommendation

Innovative Industrial Properties Inc Classifications & Recommendation:

Buy
14%
Hold
71%
Sell
14%

Innovative Industrial Properties Inc Price Target

Target Price $90.75
Price $67.31
Potential
Number of Estimates 4
4 Analysts have issued a price target Innovative Industrial Properties Inc 2025 . The average Innovative Industrial Properties Inc target price is $90.75. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 1 Analysts recommend Innovative Industrial Properties Inc to buy, 5 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Innovative Industrial Properties Inc stock has an average upside potential 2025 of . Most analysts recommend the Innovative Industrial Properties Inc stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 309.51 306.49
12.00% 0.97%
EBITDA Margin 78.12% 79.98%
5.03% 2.38%

6 Analysts have issued a sales forecast Innovative Industrial Properties Inc 2024 . The average Innovative Industrial Properties Inc sales estimate is

$306m
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. This is
1.43% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$309m 0.49%
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, the lowest is
$303m 2.50%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $310m 12.00%
2024
$306m 0.97%
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2025
$292m 4.58%
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2026
$306m 4.76%
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3 Analysts have issued an Innovative Industrial Properties Inc EBITDA forecast 2024. The average Innovative Industrial Properties Inc EBITDA estimate is

$245m
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. This is
0.71% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$252m 3.65%
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, the lowest is
$242m 0.78%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $242m 6.36%
2024
$245m 1.39%
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2025
$237m 3.13%
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2026
$238m 0.23%
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EBITDA Margin

2023 78.12% 5.03%
2024
79.98% 2.38%
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2025
81.20% 1.53%
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2026
77.69% 4.32%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
EV/Sales 6.78

Based on analysts' sales estimates for 2024, the Innovative Industrial Properties Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 6.69 32.49%
2024
6.78 1.42%
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2025
7.11 4.81%
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2026
6.79 4.55%
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P/S ratio

Current 6.21 33.91%
2024
6.30 1.45%
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2025
6.60 4.80%
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2026
6.30 4.54%
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