|Bid||206.08 x 900|
|Ask||217.95 x 900|
|Day's range||209.78 - 213.04|
|52-week range||91.55 - 222.08|
|Beta (5Y monthly)||1.46|
|PE ratio (TTM)||58.84|
|Forward dividend & yield||5.60 (2.64%)|
|Ex-dividend date||29 Jun 2021|
|1y target est||N/A|
Innovative Industrial Properties stock returned 125% over the last year, so the cannabis REIT needs to turn in a strong second-quarter earnings report to keep investors happy.
Many stockholders invest in the hope of finding stocks that later deliver outsized returns. Innovative Industrial is a unique take on real estate investment trusts (REITs): It acquires and leases facilities for cannabis production to marijuana companies. Additionally, it provides another essential need that smart investors know well.
These three stocks have established themselves as consistent revenue growers. Are they good long-term choices for investors?