Innovative Industrial Properties, Inc. (IIPR)

NYSE: IIPR · Real-Time Price · USD
51.00
+0.93 (1.86%)
At close: Apr 10, 2026, 4:00 PM EDT
51.55
+0.55 (1.08%)
After-hours: Apr 10, 2026, 7:06 PM EDT
Market Cap1.43B -22.1%
Revenue (ttm)265.96M -13.8%
Net Income111.45M -26.9%
EPS3.93 -28.9%
Shares Out 28.14M
PE Ratio12.98
Forward PE11.86
Dividend$7.60 (14.90%)
Ex-Dividend DateMar 31, 2026
Volume239,630
Open50.42
Previous Close50.07
Day's Range50.35 - 51.44
52-Week Range44.58 - 59.83
Beta1.47
AnalystsHold
Price Target45.00 (-11.76%)
Earnings DateMay 6, 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, USA.

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 3 analysts, the average rating for IIPR stock is "Hold." The 12-month stock price target is $45.0, which is a decrease of -11.76% from the latest price.

Price Target
$45.0
(-11.76% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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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...

26 days 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...

4 weeks 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...

6 weeks 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...

2 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: ...

2 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...

4 months ago - Business Wire

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Innovative Industrial Properties Reports Third Quarter 2025 Results

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today results for the third quarter ended September 30, 2025. Executive Chairman Rema...

5 months ago - Business Wire

Top 3 Cannabis REITs to Watch in October 2025: Dividend Income Meets Industry Growth

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Innovative Industrial Properties Announces Third 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 third quarter 2025 results after the close of trading on the New York Stock Exc...

6 months ago - Business Wire

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