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 53.68% from the current stock price of 73.66.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$78	$113.2	$118	$140
Change	+5.89%	+53.68%	+60.20%	+90.06%

Analyst Ratings

The average analyst rating for IIPR stock from 6 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	2	2
Buy	0	0	0	0	0	0
Hold	3	3	3	3	2	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Merrill Ross Compass Point	Compass Point	Strong Buy → Hold Downgrades $125 → $78	Strong Buy → Hold	Downgrades	$125 → $78	+5.89%	Dec 20, 2024
Aaron Grey Alliance Global Partners	Alliance Global Partners	Strong Buy Initiates $130	Strong Buy	Initiates	$130	+76.49%	Dec 17, 2024
Patrick Walravens JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Dec 16, 2024
Alexander Goldfarb Piper Sandler	Piper Sandler	Hold Maintains $120 → $118	Hold	Maintains	$120 → $118	+60.20%	Nov 8, 2024
Merrill Ross Compass Point	Compass Point	Hold → Strong Buy Upgrades $125	Hold → Strong Buy	Upgrades	$125	+69.70%	Nov 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

314.90M

Revenue Next Year

324.03M

from 314.90M

2.90%

from 314.90M

EPS This Year

5.68

from 5.77

-1.49%

from 5.77

EPS Next Year

5.75

from 5.68

1.14%

from 5.68

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	314.90M	324.03M
Revenue Growth	202.07%	161.71%	74.99%	35.11%	11.99%	-	2.90%
EPS	2.03	3.27	4.55	5.52	5.77	5.68	5.75
EPS Growth	170.67%	61.08%	39.27%	21.24%	4.45%	-1.49%	1.14%
Forward PE	-	-	-	-	-	12.97	12.82
No. Analysts	-	-	-	-	-	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	328.0M	357.8M
Avg	314.9M	324.0M
Low	300.9M	298.0M

Revenue Growth

Revenue Growth	2024	2025
High	-	13.6%
Avg	-	2.9%
Low	-	-5.4%

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.