Innovative Industrial Properties Inc vs PulteGroup, Inc. — how do they compare? Innovative Industrial Properties Inc trades at $63.53 (market cap $1.87B), while PulteGroup, Inc. trades at $123.34 (market cap $23.46B). The key difference: PulteGroup, Inc. is far larger — about 12.5× Innovative Industrial Properties Inc's market cap, and Innovative Industrial Properties Inc pays the higher dividend (11.81%). Which is the better fit depends on your goals.
| IIPR | PHM | |
|---|---|---|
Market Cap | $1.87B | $23.46B |
Sector | Real Estate | Consumer Cyclical |
52-Week High | $64.67 | $142.56 |
52-Week Low | $44.58 | $108.65 |
Enterprise Value | $2.25B | $23.42B |
Dividend Yield | 11.81% | 0.84% |
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 →PulteGroup Inc is one of the largest homebuilders in the United States, operating in 40 markets across 23 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
Read more on PHM →