Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
56.80
+0.09 (0.16%)
At close: Aug 24, 2026, 4:00 PM EDT
56.90
+0.10 (0.18%)
After-hours: Aug 24, 2026, 7:30 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 $63.25. The average 1-year stock price forecast is 11.36% higher than the current stock price, while the lowest is $51 (-10.21%) and the highest is $90 (+58.45%).

Price Target: $63.25 (+11.36%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$51$63.25$56$90
Change-10.21%+11.36%-1.41%+58.45%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111111
Buy000000
Hold444444
Sell111111
Strong Sell000000
Total666666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Alliance Global Partners
Alliance Global Partners
Hold
Maintains
$55$60
HoldMaintains$55$60+5.63%Aug 24, 2026
Roth MKM
Roth MKM
Buy
Reiterates
$90
BuyReiterates$90+58.45%Aug 5, 2026
BTIG
BTIG
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 4, 2026
Piper Sandler
Piper Sandler
Sell
Maintains
$51
SellMaintains$51-10.21%Aug 4, 2026
Compass Point
Compass Point
Hold
Upgrades
$45
HoldUpgrades$45-20.77%Mar 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
260.81M
from 265.96M
Decreased by -1.93%
Revenue Next Year
270.84M
from 260.81M
Increased by 3.85%
EPS This Year
4.15
from 3.93
Increased by 5.60%
EPS Next Year
4.59
from 4.15
Increased by 10.60%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
204.55M276.36M309.51M308.52M265.96M260.81M
Revenue Growth
74.99%35.11%11.99%-0.32%-13.80%-1.93%
Net Income
113.99M154.39M165.59M161.66M118.25M125.55M
EPS
----3.934.15
EPS Growth
-----28.80%5.60%
Dividend / Share
5.727.107.227.527.607.60
Dividend Growth
27.96%24.13%1.69%4.15%1.06%-
FFO
154.41M210.74M231.43M230.21M192.36M195.58M
FFO / Share
6.177.648.208.076.786.66
P/FFO
27.579.139.256.726.528.53
No. Analysts
-----3
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High265.8M
Avg260.8M
Low255.7M

Revenue Growth

Revenue Growth202620272028
High
-0.1%
Avg
-1.9%
Low
-3.8%

EPS Forecast

EPS202620272028
High4.15
Avg4.15
Low4.15

EPS Growth

EPS Growth202620272028
High
5.6%
Avg
5.6%
Low
5.6%