Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
63.75
-1.35 (-2.07%)
At close: Mar 28, 2025, 4:00 PM
60.53
-3.22 (-5.05%)
After-hours: Mar 28, 2025, 8:00 PM EDT

IIPR Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for IIPR stock have an average target of 95, with a low estimate of 60 and a high estimate of 130. The average target predicts an increase of 49.02% from the current stock price of 63.75.

Analyst Consensus: Buy
Target Low Average Median High
Price $60 $95 $130 $130
Change -5.88% +49.02% +103.92% +103.92%

Analyst Ratings

The average analyst rating for IIPR stock from 7 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 122222
Buy 000000
Hold 325554
Sell 000001
Strong Sell 000000
Total 447777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Compass Point
Compass Point
Hold
Maintains
$78$60
Hold Maintains $78$60 -5.88% Mar 18, 2025
Piper Sandler
Piper Sandler
Sell
Maintains
$70$60
Sell Maintains $70$60 -5.88% Mar 17, 2025
Citizens Capital Markets
Citizens Capital Markets
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Mar 17, 2025
Roth MKM
Roth MKM
Strong Buy
Maintains
$140$130
Strong Buy Maintains $140$130 +103.92% Feb 21, 2025
BTIG
BTIG
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Dec 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
300.78M
from 308.52M
Decreased by -2.51%
Revenue Next Year
311.44M
from 300.78M
Increased by 3.54%
EPS This Year
5.51
from 5.52
Decreased by -0.21%
EPS Next Year
5.77
from 5.51
Increased by 4.63%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
116.90M204.55M276.36M309.51M308.52M300.78M311.44M
Revenue Growth
161.71%74.99%35.11%11.99%-0.32%-2.51%3.54%
EPS
3.274.555.525.775.525.515.77
EPS Growth
61.08%39.27%21.24%4.45%-4.21%-0.21%4.63%
Forward PE
-----11.5611.05
No. Analysts -----64
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 317.4M 333.2M
Avg 300.8M 311.4M
Low 280.5M 286.5M

Revenue Growth

Revenue Growth 20252026
High
2.9%
10.8%
Avg
-2.5%
3.5%
Low
-9.1%
-4.8%

EPS Forecast

EPS 20252026
High 6.16 6.00
Avg 5.51 5.77
Low 5.05 5.49

EPS Growth

EPS Growth 20252026
High
11.6%
8.8%
Avg
-0.2%
4.6%
Low
-8.7%
-0.5%
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.