Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
58.04
+0.15 (0.26%)
At close: Jun 20, 2025, 4:00 PM
58.00
-0.04 (-0.07%)
After-hours: Jun 20, 2025, 7:11 PM EDT

IIPR Stock Forecast

Stock Price Forecast

The 7 analysts that cover IIPR stock have a consensus rating of "Hold" and an average price target of $88.75, which forecasts a 52.91% increase in the stock price over the next year. The lowest target is $45 and the highest is $130.

Price Target: $88.75 (+52.91%)
Analyst Consensus: Hold
Target Low Average Median High
Price $45 $88.75 $130 $130
Change -22.47% +52.91% +123.98% +123.98%
* Price targets were last updated on Apr 15, 2025.

Analyst Ratings

The average analyst rating for IIPR stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 222222
Buy 000000
Hold 553333
Sell 001111
Strong Sell 001111
Total 777777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Sell
Maintains
$55$45
Sell Maintains $55$45 -22.47% Apr 15, 2025
Compass Point
Compass Point
Strong Sell
Downgrades
$60$50
Strong Sell Downgrades $60$50 -13.85% Mar 31, 2025
Piper Sandler
Piper Sandler
Sell
Maintains
$60$55
Sell Maintains $60$55 -5.24% Mar 31, 2025
Compass Point
Compass Point
Hold
Maintains
$78$60
Hold Maintains $78$60 +3.38% Mar 18, 2025
Piper Sandler
Piper Sandler
Sell
Maintains
$70$60
Sell Maintains $70$60 +3.38% Mar 17, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
279.49M
from 308.52M
Decreased by -9.41%
Revenue Next Year
282.12M
from 279.49M
Increased by 0.94%
EPS This Year
4.58
from 5.52
Decreased by -17.11%
EPS Next Year
5.05
from 4.58
Increased by 10.36%
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
116.90M204.55M276.36M309.51M308.52M279.49M282.12M
Revenue Growth
161.71%74.99%35.11%11.99%-0.32%-9.41%0.94%
EPS
3.274.555.525.775.524.585.05
EPS Growth
61.08%39.27%21.24%4.45%-4.21%-17.11%10.36%
Forward PE
-----12.6711.48
No. Analysts
-----54
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 310.4M 327.0M
Avg 279.5M 282.1M
Low 257.5M 248.9M

Revenue Growth

Revenue Growth 20252026
High
0.6%
17.0%
Avg
-9.4%
0.9%
Low
-16.5%
-10.9%

EPS Forecast

EPS 20252026
High 5.27 5.66
Avg 4.58 5.05
Low 3.88 4.43

EPS Growth

EPS Growth 20252026
High
-4.6%
23.6%
Avg
-17.1%
10.4%
Low
-29.8%
-3.3%
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.