Head to Head Analysis: Mobile Infrastructure (NASDAQ:BEEP) versus Innovative Industrial Properties (NYSE:IIPR)

Innovative Industrial Properties (NYSE:IIPR) and Mobile Infrastructure (NASDAQ:BEEP) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends and profitability.

Analyst Recommendations

This is a summary of current ratings and target prices for Innovative Industrial Properties and Mobile Infrastructure, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Innovative Industrial Properties	0	2	2	1	2.80
Mobile Infrastructure	0	0	0	0	0.00

Innovative Industrial Properties currently has a consensus price target of $127.67, suggesting a potential upside of 16.74%. Given Innovative Industrial Properties’ stronger consensus rating and higher possible upside, analysts plainly believe Innovative Industrial Properties is more favorable than Mobile Infrastructure.

Profitability

This table compares Innovative Industrial Properties and Mobile Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Innovative Industrial Properties	52.51%	8.44%	6.82%
Mobile Infrastructure	-24.59%	-4.36%	-2.09%

Institutional & Insider Ownership

70.6% of Innovative Industrial Properties shares are owned by institutional investors. Comparatively, 84.3% of Mobile Infrastructure shares are owned by institutional investors. 1.5% of Innovative Industrial Properties shares are owned by company insiders. Comparatively, 46.2% of Mobile Infrastructure shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Innovative Industrial Properties and Mobile Infrastructure”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Innovative Industrial Properties	$309.51 million	10.01	$165.59 million	$5.62	19.46
Mobile Infrastructure	$30.27 million	4.53	-$25.12 million	($0.90)	-3.63

Innovative Industrial Properties has higher revenue and earnings than Mobile Infrastructure. Mobile Infrastructure is trading at a lower price-to-earnings ratio than Innovative Industrial Properties, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Innovative Industrial Properties has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500. Comparatively, Mobile Infrastructure has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500.

Summary

Innovative Industrial Properties beats Mobile Infrastructure on 13 of the 15 factors compared between the two stocks.

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.

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet. The Company also owns approximately 0.2 million square feet of retail/commercial space adjacent to its parking facilities.