Innovative Industrial Properties (STU:1IK) 3-Year Share Buyback Ratio : -3.40% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Innovative Industrial Properties 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Innovative Industrial Properties's current 3-Year Share Buyback Ratio was -3.40%.

The historical rank and industry rank for Innovative Industrial Properties's 3-Year Share Buyback Ratio or its related term are showing as below:

STU:1IK' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -89.8 Med: -34.1 Max: -3.4
Current: -3.4

During the past 9 years, Innovative Industrial Properties's highest 3-Year Share Buyback Ratio was -3.40%. The lowest was -89.80%. And the median was -34.10%.

STU:1IK's 3-Year Share Buyback Ratio is ranked worse than
51.12% of 624 companies
in the REITs industry
Industry Median: -3.25 vs STU:1IK: -3.40

Competitive Comparison of Innovative Industrial Properties's 3-Year Share Buyback Ratio

For the REIT - Industrial subindustry, Innovative Industrial Properties's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Innovative Industrial Properties's 3-Year Share Buyback Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's 3-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Innovative Industrial Properties 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Innovative Industrial Properties (STU:1IK) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Innovative Industrial Properties 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Innovative Industrial Properties's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Innovative Industrial Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Innovative Industrial Properties Inc (STU:1IK) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

IIPRpA.PFD:USA IIPR:USA 0JBD:UK 1IK:Germany

Address

1389 Center Drive, Suite 200, Park City, UT, USA, 84098

Website

https://www.innovativeindustrialproperties.com

Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

Innovative Industrial Properties Headlines

No Headlines