Innovative Industrial Properties, Inc. (FRA:1IK)

Germany flag Germany · Delayed Price · Currency is EUR
45.07
+0.14 (0.31%)
At close: Mar 27, 2026
Market Cap1.24B -30.0%
Revenue (ttm)226.51M -13.8%
Net Income94.92M -26.9%
EPS3.35 -28.9%
Shares Outn/a
PE Ratio13.11
Forward PE11.90
Dividend6.61 (14.67%)
Ex-Dividend DateDec 31, 2025
Volumen/a
Average Volume34
Open45.07
Previous Close44.93
Day's Range45.07 - 45.07
52-Week Range37.85 - 60.92
Betan/a
RSI51.99
Earnings DateMay 7, 2026

About FRA:1IK

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. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland, USA. [Read more]

Industry Real Estate Investment Trusts
Founded 2016
Employees 23
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol 1IK

Financial Performance

In 2025, FRA:1IK's revenue was $265.96 million, a decrease of -13.80% compared to the previous year's $308.52 million. Earnings were $111.45 million, a decrease of -29.29%.

Financial numbers in USD Financial Statements

News

REITs Have Been Rocked, These 4 Now Pay Up To 14.6%

Oil is up, and everything else is down. Stocks. Bonds.

1 day ago - Forbes

Innovative Industrial Properties: Deeply Undervalued As Cannabis Rescheduling Hits Milestone

Innovative Industrial Properties is rated a Strong Buy, trading at a significant discount with a robust balance sheet and double-digit dividend yield. IIPR's Q4 saw AFFO growth, improved rent collecti...

1 day ago - Seeking Alpha

Innovative Industrial Properties: Buybacks, Tenant Resolutions, And The Future Of The 14.7% Dividend Yield

Innovative Industrial Properties maintains a 14.73% dividend yield, despite market skepticism and unresolved tenant issues impacting earnings. IIPR's current dividend is not fully covered by FFO, with...

6 days ago - Seeking Alpha

Innovative Industrial Properties: Attractive Business, But High Oil Prices Could Be A Problem

Innovative Industrial Properties offers a diversified tenant base, robust dividend yield, and expansion into life sciences, supporting a buy rating. IIPR's valuation appears compelling, with a conserv...

9 days ago - Seeking Alpha

Top 3 Cannabis REITs to Watch in March 2026 for High Dividend Income

The cannabis sector continues evolving as new catalysts reshape long-term growth expectations. Federal rescheduling discussions remain a major driver for the industry. In fact, potential policy change...

10 days ago - MarijuanaStocks

Two 10% Yielders I Am Buying: One REIT And One Asset Manager

REITs have rallied, but a few overlooked high-yield opportunities remain. One discounted security offers about a 10% yield with strong protection. Another may be mispriced due to exaggerated AI fears.

12 days ago - Seeking Alpha

The #1 Reason To Invest In REITs Today

Many REITs trade 30–40% below property values, creating a rare opportunity. Real estate may hold up better during wars and geopolitical shocks. Unlike most sectors, AI cannot disrupt physical real est...

13 days ago - Seeking Alpha

Innovative Industrial Properties Announces PharmaCann Resolution and Provides Portfolio Update

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today the following portfolio updates, including the execution of 122,000 square feet...

13 days ago - Business Wire

Deploy Cash Now Into Double-Digit Yielding Passive Income

I'm deploying cash into high-quality BDCs, alternative asset managers, and select ETFs to lock in attractive, sustainable yields after a sentiment-driven selloff. ARES, BX, and BAM offer scale, strong...

15 days ago - Seeking Alpha

Innovative Industrial Properties Declares First Quarter 2026 Dividends

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a first quarter 2026 dividend of $1.90...

16 days ago - Business Wire

REIT Replay: U.S. REIT Indexes Outperform Broader Market During Last Week Of Feb.

The Dow Jones Equity All REIT index continued to rise during the final week of February, up 0.97%. Looking at the Dow Jones US real estate property sector indexes, the retail REIT index logged the lar...

26 days ago - Seeking Alpha

High-Yield Cannabis REITs to Watch in March 2026

The cannabis sector continues to evolve in early 2026. However, volatility remains a defining feature. Multi-state operators still face pricing pressure. At the same time, capital remains tight across...

4 weeks ago - MarijuanaStocks

Innovative Industrial Properties: Cannabis REIT At Risk Premium (Rating Upgrade)

Innovative Industrial Properties stock is upgraded to Buy as the risk premium is now properly reflected in its 14.8% dividend yield and 7x AFFO multiple. IIPR's strategic pivot into life sciences via ...

4 weeks ago - Seeking Alpha

Innovative Industrial: 15% Yield, 1.4x Debt To EBITDA, Inflection Point In Defaults

Innovative Industrial Properties remains a "Strong Buy," offering a near-15% yield and a best-in-class balance sheet despite tenant challenges. IIPR's low leverage (1.6x EBITDA) and minimal lease expi...

4 weeks ago - Seeking Alpha

Innovative Industrial Properties Left Behind In Market Rotation - Contrarian Dividend/Recovery Story

IIPR offers a compelling risk/reward profile with an extremely rich dividend yield of 16.4% and upside potential of +135% to my bull-case, long-term price target of $108.50. This is despite the stock'...

4 weeks ago - Seeking Alpha

Innovative Industrial Properties, Inc. (IIPR) Q4 2025 Earnings Call Transcript

Innovative Industrial Properties, Inc. (IIPR) Q4 2025 Earnings Call Transcript

4 weeks ago - Seeking Alpha

Innovative Industrial Properties: A Dividend Cut Is Likely. Here's Where The Smart Money Goes

Innovative Industrial Properties (IIPR) faces structural headwinds from cannabis sector regulatory and tax laws, leading to tenant bankruptcies and declining revenues. IIPR's common shares trade at de...

4 weeks ago - Seeking Alpha

Innovative Industrial Properties Reports Fourth Quarter and Full Year 2025 Results

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today results for the fourth quarter and full year ended December 31, 2025. Executive...

4 weeks ago - Business Wire

Innovative Industrial: Forget The 16.5% Yield, Get The 9.7%-Yielding Preferreds

Innovative Industrial Properties is rated Hold due to regulatory headwinds, a possible dividend cut, and a lack of stock momentum despite a 16.5% yield. IIPR trades at 0.7x book value, but AFFO per sh...

5 weeks ago - Seeking Alpha

Cannabis REITs and Lenders to Watch as the Industry Stabilizes

The U.S. cannabis industry continues to evolve in 2026. Although operators face margin pressure, the long-term outlook remains compelling. Industry sales are projected to exceed $40 billion in the com...

5 weeks ago - MarijuanaStocks

Buy 5 IDEAL S&P 600 Small/MidCap 'Safer' February DiviDogs

The S&P 600 SmallCap index offers select high-yield 'dividend dogs' with analyst-projected net gains of 31% to 61% by February 2026. Adamas Trust stands out as the only stock ranking in the top ten fo...

6 weeks ago - Seeking Alpha

Innovative Industrial Properties Announces Fourth 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 fourth quarter 2025 results after the close of trading on the New York Stock Ex...

6 weeks ago - Business Wire

3 Cannabis REIT Stocks Offering Income Potential in Q1 2026

The cannabis industry continues to evolve as legalization expands and regulations slowly improve. While many investors focus on plant-touching companies, others prefer lower-risk exposure. This is whe...

7 weeks ago - MarijuanaStocks

3 Popular REITs At High Risk Of Cutting Their Dividends

The most popular REITs are often the highest-yielding ones. But high yield comes with high risk. I highlight 3 popular high-yielding REITs facing significant risks.

7 weeks ago - Seeking Alpha

Innovative Industrial Properties Announces Tax Treatment of 2025 Distributions

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) today announced the tax treatment of its 2025 distributions as follows: Security Description: Common Stock CUSIP: ...

2 months ago - Business Wire