Innovative Industrial Properties, Inc. (IIPR)

Market Cap	1.84B
Revenue (ttm)	308.52M
Net Income (ttm)	157.60M
Shares Out	28.33M
EPS (ttm)	5.52
PE Ratio	11.74
Forward PE	13.52
Dividend	$7.60 (11.72%)
Ex-Dividend Date	Mar 31, 2025

Volume	222,301
Open	65.86
Previous Close	66.29
Day's Range	64.42 - 66.17
52-Week Range	61.72 - 138.35
Beta	1.52
Analysts	Buy
Price Target	95.00 (+46.49%)
Earnings Date	May 7, 2025

About IIPR

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.

• Industry: REIT - Industrial
• Sector: Real Estate
• IPO Date: Dec 1, 2016
• Employees: 22
• Stock Exchange: NYSE
• Ticker Symbol: IIPR

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%.

Analyst Forecast

According to 7 analysts, the average rating for IIPR stock is "Buy." The 12-month stock price forecast is $95.0, which is an increase of 46.49% from the latest price.

Price Target

$95.0

(46.49% upside)

Analyst Consensus: Buy