Financial Comparison: WPT Industrial Real Estate Investment Trust (OTCMKTS:WPTIF) and Innovative Industrial Properties (NYSE:IIPR)

WPT Industrial Real Estate Investment Trust (OTCMKTS:WPTIF) and Innovative Industrial Properties (NYSE:IIPR) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, risk, dividends, institutional ownership and profitability.

Analyst Ratings

This is a summary of recent ratings for WPT Industrial Real Estate Investment Trust and Innovative Industrial Properties, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
WPT Industrial Real Estate Investment Trust	0	0	0	0	0.00
Innovative Industrial Properties	1	3	0	0	1.75

Innovative Industrial Properties has a consensus price target of $48.00, suggesting a potential downside of 15.70%. Given Innovative Industrial Properties’ stronger consensus rating and higher possible upside, analysts plainly believe Innovative Industrial Properties is more favorable than WPT Industrial Real Estate Investment Trust.

Profitability

This table compares WPT Industrial Real Estate Investment Trust and Innovative Industrial Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
WPT Industrial Real Estate Investment Trust	N/A	N/A	N/A
Innovative Industrial Properties	52.27%	7.73%	5.69%

Earnings & Valuation

This table compares WPT Industrial Real Estate Investment Trust and Innovative Industrial Properties”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
WPT Industrial Real Estate Investment Trust	N/A	N/A	N/A	N/A	N/A
Innovative Industrial Properties	$265.95 million	5.90	$118.25 million	$4.41	12.91

Innovative Industrial Properties has higher revenue and earnings than WPT Industrial Real Estate Investment Trust.

Institutional and Insider Ownership

70.6% of Innovative Industrial Properties shares are owned by institutional investors. 2.3% of Innovative Industrial Properties shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Innovative Industrial Properties beats WPT Industrial Real Estate Investment Trust on 8 of the 8 factors compared between the two stocks.

About WPT Industrial Real Estate Investment Trust

WPT Industrial Real Estate Investment Trust engages in the acquisition, development, and owning industrial investment properties. It focuses on the warehouse and distribution properties. The company was founded on March 4, 2013 and is headquartered in Toronto, Canada.

About Innovative Industrial Properties

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated 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.