IIPR
Innovative Industrial Properties, Inc.
Set alert
52.04 USD -1.42 -2.66%
51.86 Day range 53.64
44.58 52-week range 64.67
- YTD
- +9.88%
- 1 year
- +3.85%
- Open
- 53.50
- Prev close
- 53.46
- Mkt cap
- 1.43B
- Vol
- 310.06K
- Avg vol
- 360.01K
- EPS
- 4.42
- P/E
- 11.77
- Div yield
- 14.22%
More statistics
- Low
- 51.86
- High
- 53.64
- Forward P/E
- 11.86
- Beta
- 1.42
- Short ratio
- 7.60
- Inst. own
- 79.85%
- Dividend
- 7.60
- Ex-div date
- Sep 29, 2026
- Earnings
- Nov 2, 2026
- 50-d avg
- 54.52
- 200-d avg
- 55.05
- 1y target
- 61.45
Key statistics
- Market cap
- 1.44B
- Enterprise value
- 2.01B
- Trailing P/E
- 11.78
- Forward P/E
- 11.86
- PEG ratio
- 0.00
- Price / sales
- 5.45
- Price / book
- 0.83
- EPS (TTM)
- 4.42
- Beta
- 1.42
- Dividend yield
- 14.22%
- Payout ratio
- 171.95%
- Profit margin
- 52.27%
- Revenue (TTM)
- 263.65M
- Revenue growth
- 0.70%
- Free cash flow
- 99.87M
- Total cash
- 204.73M
- Total debt
- 609.03M
- Return on equity
- 7.39%
- Shares outstanding
- 27.57M
- Short % of float
- 19.79%
- 50-day average
- 54.52
- 200-day average
- 55.05
Analyst view
Consensus: hold
Hold
Price target (mean) 61.45 +18.1% upside
Now 52.04
- Target (low)
- 44.00
- Target (mean)
- 61.45
- Target (high)
- 90.00
Ratings (0m) 7 2 buy · 4 hold · 1 sell
- Strong buy0
- Buy2
- Hold4
- Sell0
- Strong sell1
Next earnings
Nov 2, 2026
Expected Nov 2, 2026. Consensus EPS estimate 0.83.
Financials — quick view
IIPR Revenue — quarterly 63.31M
IIPR Net income — quarterly 43.85M
IIPR EPS — quarterly 1.39
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 2, 2026 | Sep 30, 2026 | 0.90 | — | — | — |
| Aug 3, 2026 | Jun 30, 2026 | 1.02 | 1.36 | +0.34 | +33.33% |
| May 4, 2026 | Mar 31, 2026 | 1.07 | 1.04 | -0.03 | -2.80% |
| Feb 23, 2026 | Dec 31, 2025 | 1.05 | 1.07 | +0.02 | +1.90% |
| Nov 3, 2025 | Sep 30, 2025 | 1.05 | 1.01 | -0.04 | -3.81% |
| Aug 6, 2025 | Jun 30, 2025 | 0.913 | 0.87 | -0.04 | -4.71% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 14, 2026 | Stifel | init | — | Buy |
| Oct 12, 2026 | Piper Sandler | main | Underweight | Underweight |
| Jul 21, 2026 | Piper Sandler | main | Underweight | Underweight |
| Mar 3, 2026 | Compass Point | up | Sell | Neutral |
| Feb 25, 2026 | Piper Sandler | main | Underweight | Underweight |
| Nov 5, 2025 | Piper Sandler | main | Underweight | Underweight |
About Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry. As of June 30, 2026, we owned 108 properties comprising an aggregate of approximately 8.4 million rentable square feet in 19 states. Innovative Industrial Properties, Inc. was established on June 15th 2016 and is incorporated in Maryland.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Country
- United States
News
- Buy 13 IDEAL 'Safer' October LoPrice/HiDividend Small Cap 'Toy Dogs'
- Innovative Industrial Properties (IIPR) Stock Dips While Market Gains: Key Facts
- Innovative Industrial Properties (IIPR) Expected to Post Earnings on Monday
- Here’s the Hands-Down Best Cannabis Stock for Dividend Investors
- Why Innovative Industrial Properties (IIPR) Dipped More Than Broader Market Today
- Innovative Industrial Properties Announces Third Quarter 2026 Earnings Release Date and Conference Call
- Stifel Initiates Coverage On Innovative Ind Props with Buy Rating, Announces Price Target of $56.25
- Piper Sandler Maintains Underweight on Innovative Ind Props, Lowers Price Target to $44
- Marijuana Stocks And The Cannabis Industry: What Investors Should Watch
- Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BOYLE DAVID GERARD | Director | Stock Award(Grant) | Jun 10, 2025 | 2,951 |
| BUI ANDY | Officer | Stock Award(Grant) | Jan 19, 2026 | 16,186 |
| GOLD ALAN D | Officer and Director | Purchase | Nov 23, 2025 | 0 |
| IVES BRUCE ALAN | Director | Purchase | Aug 30, 2026 | 3,180 |
| KREITZER GARY A | Director | Stock Award(Grant) | Oct 14, 2025 | 63,108 |
| SHOEMAKER SCOTT | Director | Sale | Sep 14, 2026 | 2,000 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 18.13% | 4,997,521 | 260.30M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 10.22% | 2,818,950 | 146.83M | Jun 29, 2026 |
| State Street Corporation | 5.91% | 1,628,896 | 84.84M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.69% | 1,292,586 | 67.32M | Jun 29, 2026 |
| Charles Schwab Investment Management, Inc. | 2.35% | 648,596 | 33.78M | Jun 29, 2026 |
| Arrowstreet Capital, Limited Partnership | 2.05% | 564,305 | 29.39M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.95% | 1,640,638 | 85.45M | Sep 29, 2026 |
| VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund | 3.88% | 1,070,306 | 55.75M | Jul 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.29% | 907,378 | 47.26M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.78% | 765,507 | 39.87M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.39% | 659,199 | 34.33M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 1.52% | 418,027 | 21.77M | Jun 29, 2026 |