INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Price & Overview

NYSE:IIPR • US45781V1017

55.17 USD
-1.49 (-2.63%)
Last: Mar 5, 2026, 10:50 AM

The current stock price of IIPR is 55.17 USD. Today IIPR is down by -2.63%. In the past month the price increased by 17.02%. In the past year, price decreased by -22.63%.

IIPR Key Statistics

52-Week Range44.58 - 74.92
Current IIPR stock price positioned within its 52-week range.
1-Month Range44.8534 - 56.84
Current IIPR stock price positioned within its 1-month range.
Market Cap
1.552B
P/E
13.56
Fwd P/E
12.42
EPS (TTM)
4.07
Dividend Yield
14.18%

IIPR Stock Performance

Today
-2.63%
1 Week
+7.31%
1 Month
+17.02%
3 Months
+13.00%
Longer-term
6 Months -1.12%
1 Year -22.63%
2 Years -45.28%
3 Years -25.44%
5 Years -68.55%
10 Years N/A

IIPR Stock Chart

INNOVATIVE INDUSTRIAL PROPER / IIPR Daily stock chart

IIPR Technical Analysis

ChartMill assigns a technical rating of 6 / 10 to IIPR. When comparing the yearly performance of all stocks, IIPR is a bad performer in the overall market: 74.79% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating
IIPR Full Technical Analysis Report

IIPR Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to IIPR. While IIPR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
IIPR Full Fundamental Analysis Report

IIPR Earnings

On February 23, 2026 IIPR reported an EPS of 1.06 and a revenue of 66.66M. The company beat EPS expectations (2.89% surprise) and missed revenue expectations (-0.91% surprise).

Next Earnings DateMay 5, 2026
Last Earnings DateFeb 23, 2026
PeriodQ4 / 2025
EPS Reported$1.06
Revenue Reported66.657M
EPS Surprise 2.89%
Revenue Surprise -0.91%
IIPR Earnings History

IIPR Forecast & Estimates

11 analysts have analysed IIPR and the average price target is 58.4 USD. This implies a price increase of 5.85% is expected in the next year compared to the current price of 55.17.

For the next year, analysts expect an EPS growth of 9.14% and a revenue growth 2.44% for IIPR


Analysts
Analysts47.27
Price Target58.4 (5.85%)
EPS Next Y9.14%
Revenue Next Year2.44%
IIPR Forecast & Estimates

IIPR Groups

Sector & Classification

IIPR Financial Highlights

Over the last trailing twelve months IIPR reported a non-GAAP Earnings per Share(EPS) of 4.07. The EPS decreased by -25.05% compared to the year before.


Income Statements
Revenue(TTM)265.95M
Net Income(TTM)111.45M
Industry RankSector Rank
PM (TTM) 41.9%
ROA 4.7%
ROE 6.03%
Debt/Equity 0.21
Chartmill High Growth Momentum
EPS Q2Q%-22.06%
Sales Q2Q%-13.14%
EPS 1Y (TTM)-25.05%
Revenue 1Y (TTM)-13.8%
IIPR financials

IIPR Ownership

Ownership
Inst Owners69.92%
Shares28.14M
Float27.60M
Ins Owners1.54%
Short Float %11.47%
Short Ratio8.26
IIPR Ownership

IIPR Competitors/Peers

The largest stocks on the US markets in the "Industrial REITs" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
PLD PROLOGIS INC40.2129.503B
EGP EASTGROUP PROPERTIES INC36.3810.394B
LINE LINEAGE INC N/A9.206B
REXR REXFORD INDUSTRIAL REALTY IN31.848.58B
FR FIRST INDUSTRIAL REALTY TR32.898.27B
STAG STAG INDUSTRIAL INC37.037.371B
TRNO TERRENO REALTY CORP39.146.769B
COLD AMERICOLD REALTY TRUST INC246.763.578B
LXP LXP INDUSTRIAL TRUST238.342.912B
OLP ONE LIBERTY PROPERTIES INC45.01517.435M
ILPT INDUSTRIAL LOGISTICS PROPERT N/A439.956M

About IIPR

Company Profile

IIPR logo image Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The company is headquartered in Park City, Utah and currently employs 23 full-time employees. The company went IPO on 2016-11-29. The firm is focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. The company acquires its properties through sale-leaseback transactions and third-party purchases. The firm owns approximately 109 properties comprising an aggregate of 9.0 million rentable square feet (including 666,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiary is IIP Operating Partnership, LP (Operating Partnership).

Company Info

INNOVATIVE INDUSTRIAL PROPER

1389 Center Drive, Suite 200

Park City UTAH 84098 US

CEO: Paul Smithers

Employees: 22

IIPR Company Website

IIPR Investor Relations

Phone: 18589973332

INNOVATIVE INDUSTRIAL PROPER / IIPR FAQ

What does INNOVATIVE INDUSTRIAL PROPER do?

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The company is headquartered in Park City, Utah and currently employs 23 full-time employees. The company went IPO on 2016-11-29. The firm is focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. The company acquires its properties through sale-leaseback transactions and third-party purchases. The firm owns approximately 109 properties comprising an aggregate of 9.0 million rentable square feet (including 666,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiary is IIP Operating Partnership, LP (Operating Partnership).


What is the stock price of INNOVATIVE INDUSTRIAL PROPER today?

The current stock price of IIPR is 55.17 USD. The price decreased by -2.63% in the last trading session.


Does IIPR stock pay dividends?

INNOVATIVE INDUSTRIAL PROPER (IIPR) has a dividend yield of 14.18%. The yearly dividend amount is currently 7.79.


What is the ChartMill rating of INNOVATIVE INDUSTRIAL PROPER stock?

IIPR has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


How is the valuation of INNOVATIVE INDUSTRIAL PROPER (IIPR) based on its PE ratio?

The PE ratio for INNOVATIVE INDUSTRIAL PROPER (IIPR) is 13.56. This is based on the reported non-GAAP earnings per share of 4.07 and the current share price of 55.17 USD.


What is the market capitalization of IIPR stock?

INNOVATIVE INDUSTRIAL PROPER (IIPR) has a market capitalization of 1.55B USD. This makes IIPR a Small Cap stock.


What is the Short Interest ratio of INNOVATIVE INDUSTRIAL PROPER (IIPR) stock?

The outstanding short interest for INNOVATIVE INDUSTRIAL PROPER (IIPR) is 11.47% of its float.