NYSE$IIPR
Innovative Industrial Properties Inc. A · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported a significant increase in revenues and net income due to strategic investments and property acquisitions.
Innovative Industrial Properties (IIP) announced strong Q3 2020 results, driven by strategic investments and property acquisitions. Total revenues increased by 197% year-over-year, and net income saw a substantial rise of 205%.
- Total revenues increased by 197% compared to the same period in 2019, reaching $34.3 million.
- Net income available to common stockholders was $18.9 million, or $0.86 per diluted share.
- IIP owned 63 properties across 16 states, with a 99.3% lease rate based on square footage.
- The company invested approximately $908.4 million in the aggregate (excluding transaction costs).
Headline financials
Revenue & EPS history
IIPR · Revenue · Quarterly
$34.3M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+2.0%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+4.8%
Avg return
30 days after
68%
25 / 37 earnings
Positive
+26.8%
Q3 2020
Best reaction
-16.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +14.6% | +8.9% | +10.8% | |
| Q4 2025 | +7.7% | +14.7% | +12.8% | |
| Q3 2025 | +0.4% | +4.0% | +2.8% | |
| Q1 2025 | +4.4% | +3.9% | +3.7% | |
| Q4 2024 | -0.8% | +0.5% | -13.4% | |
| Q3 2024 | -16.8% | -18.6% | -19.4% | |
| Q2 2024 | -2.6% | -1.7% | +3.3% | |
| Q1 2024 | -4.2% | -3.8% | -2.3% | |
| Q4 2023 | +5.1% | +8.3% | +15.0% | |
| Q3 2023 | +8.1% | +10.5% | +16.8% | |
| Q2 2023 | +0.0% | +4.2% | +12.8% | |
| Q1 2023 | +3.0% | +0.1% | +2.7% | |
| Q4 2022 | +7.6% | +5.8% | -9.7% | |
| Q3 2022 | +3.1% | -1.2% | +6.5% | |
| Q2 2022 | +1.7% | -3.2% | -6.7% | |
| Q1 2022 | -2.8% | -9.8% | -7.6% | |
| Q4 2021 | +1.2% | +4.1% | +9.4% | |
| Q3 2021 | +0.5% | +5.9% | -5.2% | |
| Q2 2021 | +1.6% | +6.7% | +18.0% | |
| Q1 2021 | +3.1% | +0.2% | +3.6% | |
| Q4 2020 | -9.5% | -5.9% | -15.2% | |
| Q3 2020 | +26.8% | +18.0% | +24.4% | |
| Q2 2020 | +4.9% | +10.3% | +11.1% | |
| Q1 2020 | -1.3% | -4.7% | +21.3% | |
| Q4 2019 | -1.6% | +1.5% | -16.3% | |
| Q3 2019 | +3.5% | +5.8% | -5.2% | |
| Q2 2019 | +0.5% | -3.7% | -19.5% | |
| Q1 2019 | +0.1% | +0.6% | +19.8% | |
| Q4 2018 | +2.9% | +14.1% | +12.1% | |
| Q3 2018 | +9.1% | +7.0% | +20.2% | |
| Q2 2018 | +11.0% | +4.6% | +27.9% | |
| Q1 2018 | -5.9% | -4.9% | +10.6% | |
| Q4 2017 | +2.6% | +11.9% | +28.6% | |
| Q3 2017 | +0.2% | +0.5% | +1.6% | |
| Q2 2017 | -1.4% | -0.6% | -3.6% | |
| Q1 2017 | -0.5% | -1.6% | -2.2% | |
| Q4 2016 | -2.9% | -2.4% | +8.5% | |
| Q3 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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