Innovative Industrial Properties (IIPR)
(Delayed Data from NYSE)
$134.91 USD
-0.77 (-0.57%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $134.93 +0.02 (0.01%) 7:58 PM ET
3-Hold of 5 3
D Value D Growth B Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
IIPR 134.91 -0.77(-0.57%)
Will IIPR be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for IIPR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IIPR
Innovative Industrial Properties (IIPR) Suffers a Larger Drop Than the General Market: Key Insights
Innovative Industrial Properties (IIPR) Surpasses Market Returns: Some Facts Worth Knowing
IIPR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Innovative Industrial Properties (IIPR) Tops Q2 FFO and Revenue Estimates
Factors to Impact Innovative Industrial's (IIPR) Q2 Earnings
Ventas (VTR) Q2 FFO and Revenues Top Estimates
Other News for IIPR
Innovative Industrial Properties: Preferred Shares Offering Attractive 8.5% Dividend Yield
If I Could Only Hold 5 REITs Over The Next Decade
$12M In Rental Income: Why Investors Should Watch This Stock That's Crushing Averages
Innovative Industrial Properties declares $1.90 dividend
Innovative Industrial Properties Declares Third Quarter 2024 Dividends