Innovative Industrial Properties Inc vs Modine Manufacturing Company — how do they compare? Innovative Industrial Properties Inc trades at $58 (market cap $1.67B), while Modine Manufacturing Company trades at $204.3 (market cap $10.53B). The key difference: Modine Manufacturing Company is far larger — about 6.3× Innovative Industrial Properties Inc's market cap, and Innovative Industrial Properties Inc pays a 13.18% dividend while Modine Manufacturing Company pays none. Which is the better fit depends on your goals.
| IIPR | MOD | |
|---|---|---|
Market Cap | $1.67B | $10.53B |
Sector | Real Estate | Technology |
52-Week High | $64.67 | $306.89 |
52-Week Low | $44.58 | $119.68 |
Enterprise Value | $2.21B | $10.97B |
Dividend Yield | 13.18% | — |
Trailing returns across standard periods
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.
Read more on IIPR →Modine Manufacturing Company is a global leader in thermal management technology and solutions. The company engineers, manufactures, and markets heat transfer products for a wide range of applications across the automotive, commercial, industrial, and HVAC (heating, ventilation, and air conditioning) markets. Modine's products include engine cooling systems, heat exchangers, and ventilation systems, providing critical thermal solutions for vehicles, data centers, and various equipment worldwide.
Read more on MOD →