Innovative Industrial Properties (NYSE:IIPR) and ProGreen Properties (OTCMKTS:PGUS) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations.
Earnings & Valuation
This table compares Innovative Industrial Properties and ProGreen Properties’ gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Innovative Industrial Properties||$44.67 million||60.79||$23.48 million||$3.27||38.27|
|ProGreen Properties||N/A||N/A||-$1.01 million||N/A||N/A|
This is a breakdown of current ratings and price targets for Innovative Industrial Properties and ProGreen Properties, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Innovative Industrial Properties||0||1||5||0||2.83|
Innovative Industrial Properties currently has a consensus target price of $130.00, suggesting a potential upside of 3.89%. Given Innovative Industrial Properties’ higher possible upside, equities analysts clearly believe Innovative Industrial Properties is more favorable than ProGreen Properties.
This table compares Innovative Industrial Properties and ProGreen Properties’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Innovative Industrial Properties||55.69%||6.01%||4.59%|
Institutional & Insider Ownership
74.7% of Innovative Industrial Properties shares are owned by institutional investors. 2.9% of Innovative Industrial Properties shares are owned by company insiders. Comparatively, 4.3% of ProGreen Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Volatility and Risk
Innovative Industrial Properties has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500. Comparatively, ProGreen Properties has a beta of 2.47, indicating that its share price is 147% more volatile than the S&P 500.
Innovative Industrial Properties beats ProGreen Properties on 8 of the 10 factors compared between the two stocks.
Innovative Industrial Properties Company Profile
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
ProGreen Properties Company Profile
ProGreen US, Inc., together with its subsidiaries, focuses on agricultural operations and residential real estate development activities in Baja California, Mexico. The company was formerly known as ProGreen Properties, Inc. and changed its name to ProGreen US, Inc. in July 2016. ProGreen US, Inc. was founded in 1982 and is based in San Diego, California.
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