Innovative Industrial Properties, Inc. (IIPR)
| Market Cap | 1.41B |
| Revenue (ttm) | 276.04M |
| Net Income (ttm) | 120.38M |
| Shares Out | 28.02M |
| EPS (ttm) | 4.24 |
| PE Ratio | 11.84 |
| Forward PE | 12.22 |
| Dividend | $7.60 (15.16%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 292,869 |
| Open | 50.63 |
| Previous Close | 50.87 |
| Day's Range | 50.04 - 51.57 |
| 52-Week Range | 44.58 - 109.34 |
| Beta | 1.52 |
| Analysts | Hold |
| Price Target | 88.50 (+76.51%) |
| Earnings Date | Nov 3, 2025 |
About IIPR
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. [Read more]
Financial Performance
In 2024, IIPR's revenue was $308.52 million, a decrease of -0.32% compared to the previous year's $309.51 million. Earnings were $157.60 million, a decrease of -3.16%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for IIPR stock is "Hold." The 12-month stock price target is $88.5, which is an increase of 76.51% from the latest price.
News
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Innovative Industrial Properties: Shareholders Hold On To Hope Of No Dividend Cut
Innovative Industrial Properties has fallen by around 54% from its 1-year high as shareholders, skittish about a dividend cut, have fled the common shares. The REIT has seen its dividend yield sell to...
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Innovative Industrial Properties offers a compelling 14% dividend yield, supported by a conservatively leveraged balance sheet and net lease model. IIPR faces ongoing tenant struggles and sector headw...
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Innovative Industrial Properties specializes in leasing properties to regulated cannabis operators, offering a unique REIT investment profile. IIPR.PR.A preferred stock stands out with a 9% yield, out...
Innovative Industrial Properties, Inc. (IIPR) Q3 2025 Earnings Call Transcript
Innovative Industrial Properties, Inc. ( IIPR) Q3 2025 Earnings Call November 4, 2025 12:00 PM EST Company Participants Eli Kanter Alan Gold - Executive Chairman Paul Smithers - President, CEO & Dire...
Innovative Industrial Properties Reports Third Quarter 2025 Results
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today results for the third quarter ended September 30, 2025. Executive Chairman Rema...
Koa Wealth Liquidates All 68K IIPR Shares Valued at $3.8 Million
Sold 68,221 shares of Innovative Industrial Properties for an estimated $3.77 million, based on the quarterly average price in Q3 2025 Post-trade stake is zero shares, or $0 in value The position prev...
Innovative Industrial Properties: Deeply Undervalued REIT Opportunity With Double-Digit Dividends
Innovative Industrial Properties is rated a Strong Buy thanks to its robust financials, double-digit yield, and long-term growth potential despite recent stock declines. IIPR faces near-term volatilit...
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Innovative Industrial Properties Announces Third Quarter 2025 Earnings Release Date and Conference Call
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its third quarter 2025 results after the close of trading on the New York Stock Exc...
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Innovative Industrial Properties Announces New $100 Million Revolving Credit Facility to Support Strategic Growth
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that it has closed on a new $100 million secured revolving credit facility (“Cr...
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Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it has closed its initial investment into IQHQ, Inc. (“IQHQ”), a premier ...
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Innovative Industrial Properties: Contrarian Buy, Capital Appreciation Prospects
IIPR's tenant default issues continue, with FQ2'25 bringing forth impacted rental collections and AFFO per share performance. Given the stable dividend per share payouts, it is unsurprising that the R...
Innovative Industrial Properties Declares Third Quarter 2025 Dividends
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), the first and only real estate company on the New York Stock Exchange focused on the regulated...
Innovative Industrial: Buy The 13% Yield And Its 9% Preferred Stock Ahead Of Potential Cannabis Rescheduling
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