Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
53.68
-0.53 (-0.98%)
At close: Oct 26, 2026, 4:00 PM EDT
53.50
-0.18 (-0.34%)
After-hours: Oct 26, 2026, 7:54 PM EDT

IIPR Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, IIPR stock has a consensus rating of "Hold" and an average price target of $61.45. The average 1-year stock price forecast is 14.47% higher than the current stock price, while the lowest is $44 (-18.03%) and the highest is $90 (+67.66%).

Price Target: $61.45 (+14.47%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$44$61.45$57$90
Change-18.03%+14.47%+6.18%+67.66%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Oct '26
Strong Buy111112
Buy000000
Hold444444
Sell111111
Strong Sell000000
Total666667

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Initiates
$56
BuyInitiates$56+4.79%Oct 14, 2026
Piper Sandler
Piper Sandler
Sell
Maintains
$51 → $44
SellMaintains$51 → $44-18.03%Oct 12, 2026
Roth MKM
Roth MKM
Buy
Maintains
$90
BuyMaintains$90+67.66%Aug 26, 2026
Alliance Global Partners
Alliance Global Partners
Hold
Maintains
$55 → $60
HoldMaintains$55 → $60+11.77%Aug 24, 2026
BTIG
BTIG
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
255.22M
from 265.96M
Decreased by -4.04%
Revenue Next Year
258.80M
from 255.22M
Increased by 1.40%
EPS This Year
4.15
from 3.93
Increased by 5.60%
EPS Next Year
4.39
from 4.15
Increased by 5.78%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
204.55M276.36M309.51M308.52M265.96M255.22M
Revenue Growth
74.99%35.11%11.99%-0.32%-13.80%-4.04%
Net Income
113.99M154.39M165.59M161.66M118.25M122.05M
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
154.41M210.74M231.43M230.21M192.36M192.29M
FFO / Share
6.177.648.208.076.786.43
P/FFO
26.618.818.936.486.308.35
No. Analysts
-----5
EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High263.4M
Avg255.2M
Low248.8M

Revenue Growth

Revenue Growth202620272028
High
-1.0%
Avg
-4.0%
Low
-6.5%

EPS Forecast

EPS202620272028
High4.15
Avg4.15
Low4.15

EPS Growth

EPS Growth202620272028
High
5.6%
Avg
5.6%
Low
5.6%