Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
66.15
-0.17 (-0.26%)
At close: Jan 15, 2025, 4:00 PM
69.00
+2.85 (4.31%)
After-hours: Jan 15, 2025, 7:55 PM EST
IIPR Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for IIPR stock have an average target of 113.2, with a low estimate of 78 and a high estimate of 140. The average target predicts an increase of 71.13% from the current stock price of 66.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IIPR stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 23, 2024 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $125 → $78 | Strong Buy → Hold | Downgrades | $125 → $78 | +17.91% | Dec 20, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $130 | Strong Buy | Initiates | $130 | +96.52% | Dec 17, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Dec 16, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $120 → $118 | Hold | Maintains | $120 → $118 | +78.38% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
313.31M
Revenue Next Year
293.43M
from 313.31M
Decreased by -6.35%
EPS This Year
5.68
from 5.77
Decreased by -1.49%
EPS Next Year
5.75
from 5.68
Increased by 1.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 324.9M | 335.2M | 336.6M |
| Avg | 313.3M | 293.4M | 307.3M |
| Low | 297.1M | 263.3M | 286.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 7.0% | 14.7% |
| Avg | - | -6.3% | 4.7% |
| Low | - | -16.0% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.87 | 6.16 |
| Avg | 5.68 | 5.75 |
| Low | 5.44 | 5.26 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1.8% | 8.5% |
| Avg | -1.5% | 1.1% |
| Low | -5.7% | -7.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.