INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Price, Forecast & Analysis

NYSE:IIPR • US45781V1017

45.71 USD
-0.65 (-1.4%)
At close: Feb 20, 2026
45.71 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM

IIPR Key Statistics, Chart & Performance

Key Statistics
Market Cap1.28B
Revenue(TTM)276.04M
Net Income(TTM)120.38M
Shares28.02M
Float27.49M
52 Week High74.92
52 Week Low44.58
Yearly Dividend7.56
Dividend Yield16.39%
EPS(TTM)4.37
PE10.46
Fwd PE10.92
Earnings (Next)02-23
IPO2016-11-29
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryIndustrial REITs
IIPR short term performance overview.The bars show the price performance of IIPR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -5 -10 -15

IIPR long term performance overview.The bars show the price performance of IIPR in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30 -40 -50

The current stock price of IIPR is 45.71 USD. In the past month the price decreased by -8.05%. In the past year, price decreased by -37.1%.

INNOVATIVE INDUSTRIAL PROPER / IIPR Daily stock chart

IIPR Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating
IIPR Full Technical Analysis Report

IIPR Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 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 Financial Highlights

Over the last trailing twelve months IIPR reported a non-GAAP Earnings per Share(EPS) of 4.37. The EPS decreased by -20.83% compared to the year before.


Industry RankSector Rank
PM (TTM) 43.61%
ROA 5.15%
ROE 6.46%
Debt/Equity 0.18
Chartmill High Growth Momentum
EPS Q2Q%-29.2%
Sales Q2Q%-15.47%
EPS 1Y (TTM)-20.83%
Revenue 1Y (TTM)-11.22%
IIPR financials

IIPR Forecast & Estimates

11 analysts have analysed IIPR and the average price target is 58.4 USD. This implies a price increase of 27.75% is expected in the next year compared to the current price of 45.71.

For the next year, analysts expect an EPS growth of -26.74% and a revenue growth -13.97% for IIPR


Analysts
Analysts47.27
Price Target58.4 (27.76%)
EPS Next Y-26.74%
Revenue Next Year-13.97%
IIPR Analyst EstimatesIIPR Analyst Ratings

IIPR Ownership

Ownership
Inst Owners69.92%
Ins Owners1.54%
Short Float %11%
Short Ratio7.76
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 INC41.48129.15B
EGP EASTGROUP PROPERTIES INC36.5710.171B
LINE LINEAGE INC N/A8.903B
REXR REXFORD INDUSTRIAL REALTY IN32.678.536B
FR FIRST INDUSTRIAL REALTY TR33.078.042B
STAG STAG INDUSTRIAL INC37.637.197B
TRNO TERRENO REALTY CORP39.956.77B
COLD AMERICOLD REALTY TRUST INC262.943.957B
LXP LXP INDUSTRIAL TRUST239.162.805B

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 45.71 USD. The price decreased by -1.4% in the last trading session.


Does IIPR stock pay dividends?

INNOVATIVE INDUSTRIAL PROPER (IIPR) has a dividend yield of 16.39%. The yearly dividend amount is currently 7.56.


What is the ChartMill rating of INNOVATIVE INDUSTRIAL PROPER stock?

IIPR has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 6 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 10.46. This is based on the reported non-GAAP earnings per share of 4.37 and the current share price of 45.71 USD.


What is the market capitalization of IIPR stock?

INNOVATIVE INDUSTRIAL PROPER (IIPR) has a market capitalization of 1.28B 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% of its float.