INNOVATIVE INDUSTRIAL PROPER (IIPR) Forecast, Price Target & Analyst Ratings

NYSE:IIPR • US45781V1017

52.7 USD
-0.42 (-0.79%)
Last: Mar 13, 2026, 12:11 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INNOVATIVE INDUSTRIAL PROPER (IIPR).

Forecast Snapshot

Consensus Price Target

Price Target
$58.40
+ 10.81% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateMay 5, 2026
PeriodQ1 / 2026
EPS Estimate$1.09
Revenue Estimate67.684M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
47.27%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$58.40
Upside
+ 10.81%
From current price of $52.70 to mean target of $58.40, Based on 11 analyst forecasts
Low
$44.44
Median
$48.45
High
$94.50

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for IIPR. The average price target is 58.4 USD. This implies a price increase of 10.81% is expected in the next year compared to the current price of 52.7.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

IIPR Current Analyst RatingIIPR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

IIPR Historical Analyst RatingsIIPR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
47.27%
IIPR was analyzed by 11 analysts. The buy percentage consensus is at 47. So analysts seem to be rather neutral about IIPR.
In the previous month the buy percentage consensus was at a similar level.
IIPR was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-03Compass PointUpgrade Sell -> Neutral
2026-02-25Piper SandlerMaintains Underweight -> Underweight
2025-11-05Piper SandlerMaintains Underweight -> Underweight
2025-07-02Wolfe ResearchDowngrade Outperform -> Peer Perform
2025-04-15Piper SandlerMaintains Underweight -> Underweight
2025-03-31Compass PointDowngrade Neutral -> Sell
2025-03-31Piper SandlerMaintains Underweight -> Underweight
2025-03-18Compass PointMaintains Neutral -> Neutral
2025-03-17Citizens Capital MarketsReiterate Market Perform -> Market Perform
2025-03-17Piper SandlerMaintains Underweight -> Underweight
2025-02-21Roth MKMMaintains Buy -> Buy
2024-12-23BTIGDowngrade Buy -> Neutral
2024-12-20Compass PointDowngrade Buy -> Neutral
2024-12-17Alliance Global PartnersInitiate Buy
2024-12-16JMP SecuritiesReiterate Market Perform -> Market Perform
2024-11-08Compass PointUpgrade Neutral -> Buy
2024-11-08Piper SandlerMaintains Neutral -> Neutral
2024-08-09Piper SandlerMaintains Neutral -> Neutral
2024-07-22Roth MKMMaintains Buy -> Buy
2024-03-07Craig-HallumMaintains Hold -> Hold
2024-02-29Piper SandlerMaintains Neutral -> Neutral
2023-11-06Piper SandlerMaintains Neutral -> Neutral
2023-09-05Compass PointDowngrade Buy -> Neutral
2023-06-30Piper SandlerDowngrade Overweight -> Neutral
2023-05-31Piper SandlerMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release DateMay 5, 2026
PeriodQ1 / 2026
EPS Estimate$1.09
Revenue Estimate67.684M
Revenue Q2Q-5.63%
EPS Q2Q-7.94%
Number of Analysts4

Next Earnings Revisions

Revenue (1 Month)
0.58%
Revenue (3 Months)
0.58%
EPS (1 Month)
6.50%
EPS (3 Months)
6.50%

Next Earnings Summary

IIPR is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 1.09 USD and the consensus revenue estimate is 67.68M USD.
The next earnings revenue estimate has been revised upward by 0.58% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
IIPR revenue by date.IIPR revenue by date.
309.506M
11.98%
308.517M
-0.32%
265.955M
-13.80%
277.08M
4.18%
270.71M
-2.30%
EBITDA
YoY % growth
IIPR ebitda by date.IIPR ebitda by date.
241.781M
6.37%
243.389M
0.67%
204.051M
-16.16%
207.72M
1.80%
N/A
EBIT
YoY % growth
IIPR ebit by date.IIPR ebit by date.
174.587M
5.17%
172.582M
-1.15%
129.983M
-24.68%
124.92M
-3.90%
N/A
Operating Margin
IIPR operating margin by date.IIPR operating margin by date.
56.41%55.94%48.87%45.08%N/A
EPS
YoY % growth
IIPR eps by date.IIPR eps by date.
5.77
4.53%
5.43
-5.89%
4.07
-25.05%
4.44
9.14%
N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
1.09
-7.94%
1.10
28.09%
1.06
9.36%
1.08
1.52%
Revenue
Q2Q % growth
67.684M
-5.63%
68.297M
8.60%
67.99M
5.11%
68.888M
3.35%
EBITDA
Q2Q % growth
51.102M
-9.21%
52.02M
-21.42%
50.133M
-41.40%
50.439M
-52.78%
EBIT
Q2Q % growth
30.292M
-20.07%
31.064M
5.98%
30.91M
2.97%
31.427M
-4.06%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IIPR Yearly Revenue VS EstimatesIIPR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
IIPR Yearly EPS VS EstimatesIIPR Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

INNOVATIVE INDUSTRIAL PROPER / IIPR Forecast FAQ

What is the average price target for INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?

11 analysts have analysed IIPR and the average price target is 58.4 USD. This implies a price increase of 10.81% is expected in the next year compared to the current price of 52.7.


When does INNOVATIVE INDUSTRIAL PROPER (IIPR) report earnings?

INNOVATIVE INDUSTRIAL PROPER (IIPR) will report earnings on 2026-05-05.


What are the consensus estimates for IIPR stock next earnings?

The consensus EPS estimate for the next earnings of INNOVATIVE INDUSTRIAL PROPER (IIPR) is 1.09 USD and the consensus revenue estimate is 67.68M USD.


Can you provide the analyst count for INNOVATIVE INDUSTRIAL PROPER stock?

The number of analysts covering INNOVATIVE INDUSTRIAL PROPER (IIPR) is 11.