Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
72.67
-0.20 (-0.27%)
Feb 21, 2025, 4:00 PM EST - Market closed

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 55.77% from the current stock price of 72.67.

Analyst Consensus: Buy
Target Low Average Median High
Price $78 $113.2 $118 $140
Change +7.33% +55.77% +62.38% +92.65%
* Price targets were last updated on Dec 20, 2024.

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 112222
Buy 000000
Hold 332555
Sell 000000
Strong Sell 000000
Total 444777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Dec 23, 2024
Compass Point
Compass Point
Hold
Downgrades
$125$78
Hold Downgrades $125$78 +7.33% Dec 20, 2024
Alliance Global Partners
Alliance Global Partners
Strong Buy
Initiates
$130
Strong Buy Initiates $130 +78.89% Dec 17, 2024
JMP Securities
JMP Securities
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Dec 16, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$120$118
Hold Maintains $120$118 +62.38% Nov 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
305.82M
Revenue Next Year
318.92M
from 305.82M
Increased by 4.28%
EPS This Year
5.51
from 5.52
Decreased by -0.12%
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
-----305.82M318.92M
Revenue Growth
161.71%74.99%35.11%11.99%-0.32%-4.28%
EPS
3.274.555.525.775.525.515.77
EPS Growth
61.08%39.27%21.24%4.45%-4.29%-0.12%4.63%
Forward PE
-----13.1812.60
No. Analysts -----64
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 335.2M 339.1M
Avg 305.8M 318.9M
Low 280.5M 286.5M

Revenue Growth

Revenue Growth 20252026
High -
10.9%
Avg -
4.3%
Low -
-6.3%

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
11.7%
8.8%
Avg
-0.1%
4.6%
Low
-8.6%
-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.