Innovative Industrial Properties, Inc. (IIPR)

NYSE: IIPR · Real-Time Price · USD
54.45
-0.13 (-0.24%)
At close: May 19, 2026, 4:00 PM EDT
54.45
0.00 (0.00%)
After-hours: May 19, 2026, 6:30 PM EDT
Market Cap1.57B -1.0%
Revenue (ttm)263.23M -13.6%
Net Income111.07M -21.7%
EPS3.93 -24.3%
Shares Out 28.77M
PE Ratio13.86
Forward PE12.35
Dividend$7.60 (13.96%)
Ex-Dividend DateMar 31, 2026
Volume144,901
Open53.97
Previous Close54.58
Day's Range53.85 - 54.57
52-Week Range44.58 - 61.40
Beta1.45
AnalystsHold
Price Target62.40 (+14.6%)
Earnings DateMay 4, 2026

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. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland and is based in San Diego, United States.

IPO Date Dec 1, 2016
Employees 23
Stock Exchange NYSE
Ticker Symbol IIPR
Full Company Profile

Financial Performance

In 2025, IIPR'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 Statements

Analyst Summary

According to 6 analysts, the average rating for IIPR stock is "Hold." The 12-month stock price target is $62.4, which is an increase of 14.60% from the latest price.

Price Target
$62.4
(14.60% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Innovative Industrial Properties Announces Closing of $56.5 Million Secured Term Loan

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on a $56.5 million secured term loan (the “Loan”). The Loan has an initial term of t...

13 days ago - Business Wire

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Innovative Industrial Properties Reports First Quarter 2026 Results

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today results for the first quarter ended March 31, 2026. Executive Chairman Remarks ...

15 days ago - Business Wire

Innovative Industrial Properties Announces First Quarter 2026 Earnings Release Date and Conference Call

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its first quarter 2026 results after the close of trading on the New York Stock Exc...

4 weeks ago - Business Wire

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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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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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...

3 months ago - Business Wire

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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...

3 months ago - Business Wire

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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: ...

4 months ago - Business Wire

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Innovative Industrial Properties Declares Fourth Quarter 2025 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 fourth quarter 2025 dividend of $1.9...

5 months ago - Business Wire

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