NYSE - Delayed Quote USD

Innovative Industrial Properties, Inc. (IIPR)

54.58
-1.08
(-1.94%)
At close: 3:59:55 PM EDT
54.53
-0.05
(-0.09%)
After hours: 4:08:33 PM EDT
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Loading Chart for IIPR
  • Previous Close 55.66
  • Open 55.62
  • Bid 54.77 x 1100
  • Ask 54.93 x 1200
  • Day's Range 54.51 - 56.15
  • 52 Week Range 45.44 - 138.35
  • Volume 156,158
  • Avg. Volume 385,020
  • Market Cap (intraday) 1.529B
  • Beta (5Y Monthly) 1.76
  • PE Ratio (TTM) 9.89
  • EPS (TTM) 5.52
  • Earnings Date Aug 4, 2025 - Aug 8, 2025
  • Forward Dividend & Yield 7.60 (14.24%)
  • Ex-Dividend Date Mar 31, 2025
  • 1y Target Est 67.17

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

www.innovativeindustrialproperties.com

22

Full Time Employees

December 31

Fiscal Year Ends

Real Estate

Sector

REIT - Industrial

Industry

More about Innovative Industrial Properties, Inc.

Recent News: IIPR

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Performance Overview: IIPR

Trailing total returns as of 5/9/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

IIPR
15.58%
S&P 500 (^GSPC)
3.77%

1-Year Return

IIPR
43.00%
S&P 500 (^GSPC)
8.55%

3-Year Return

IIPR
46.22%
S&P 500 (^GSPC)
41.81%

5-Year Return

IIPR
1.08%
S&P 500 (^GSPC)
93.18%

Compare To: IIPR

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Statistics: IIPR

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Valuation Measures

Annual
As of 5/8/2025

  • Market Cap

    1.56B

  • Enterprise Value

    1.73B

  • Trailing P/E

    10.08

  • Forward P/E

    13.44

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.15

  • Price/Book (mrq)

    0.82

  • Enterprise Value/Revenue

    5.62

  • Enterprise Value/EBITDA

    6.97

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    52.40%

  • Return on Assets (ttm)

    4.52%

  • Return on Equity (ttm)

    8.31%

  • Revenue (ttm)

    308.52M

  • Net Income Avi to Common (ttm)

    157.6M

  • Diluted EPS (ttm)

    5.52

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    146.24M

  • Total Debt/Equity (mrq)

    15.44%

  • Levered Free Cash Flow (ttm)

    192.61M

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Research Analysis: IIPR

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 71.72M
Earnings 30.3M

Q2'24

Q3'24

Q4'24

Q1'25

0
20M
40M
60M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

45.00
67.17 Average
54.58 Current
120.00 High
 
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Research Reports: IIPR

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  • Rating decreased to a HOLD

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of HOLD; a target price of $56.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 2 days ago
     

  • What does Argus have to say about IIPR?

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $66.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 9 days ago
     

  • Raising target price to $66.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $66.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 16 days ago
     

  • Raising target price to $64.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $64.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 23 days ago
     
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