Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
59.31
-0.29 (-0.49%)
At close: Jun 22, 2026, 4:00 PM EDT
59.30
-0.01 (-0.02%)
After-hours: Jun 22, 2026, 7:48 PM EDT
IIPR Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, IIPR stock has a consensus rating of "Hold" and an average price target of $61.75. The average 1-year stock price forecast is 4.11% higher than the current stock price, while the lowest is $45 (-24.13%) and the highest is $90 (+51.75%).
Price Target: $61.75 (+4.11%)
Analyst Consensus: Hold
* Price targets were last updated on May 5, 2026.
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 '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Buy Maintains $90 | Buy | Maintains | $90 | +51.75% | May 5, 2026 |
| Piper Sandler | Piper Sandler | Sell Maintains $45 | Sell | Maintains | $45 | -24.13% | May 5, 2026 |
| Compass Point | Compass Point | Hold Upgrades $45 | Hold | Upgrades | $45 | -24.13% | Mar 3, 2026 |
| Alliance Global Partners | Alliance Global Partners | Hold Maintains $50 → $55 | Hold | Maintains | $50 → $55 | -7.27% | Feb 26, 2026 |
| BTIG | BTIG | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Feb 23, 2026 |
Financial Forecast
Revenue This Year
274.56M
from 265.96M
Increased by 3.24%
Revenue Next Year
276.15M
from 274.56M
Increased by 0.58%
EPS This Year
4.28
from 3.93
Increased by 8.91%
EPS Next Year
4.79
from 4.28
Increased by 11.92%
EPS based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 281.2M | |
| Avg | 274.6M | |
| Low | 268.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 5.7% | |
| Avg | 3.2% | |
| Low | 1.1% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 4.28 | |
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 8.9% | |
| Low | - |