Innovative Industrial Properties, Inc. (IIPR)

Market Cap	1.56B
Revenue (ttm)	304.79M
Net Income (ttm)	148.61M
Shares Out	28.01M
EPS (ttm)	5.20
PE Ratio	10.68
Forward PE	15.48
Dividend	$7.60 (13.69%)
Ex-Dividend Date	Mar 31, 2025

Volume	147,305
Open	54.80
Previous Close	55.54
Day's Range	54.30 - 55.70
52-Week Range	45.44 - 138.35
Beta	1.76
Analysts	Hold
Price Target	88.75 (+59.82%)
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 "Hold." The 12-month stock price forecast is $88.75, which is an increase of 59.82% from the latest price.

Price Target

$88.75

(59.82% upside)

Analyst Consensus: Hold