$49.47
4.46% day before yesterday
NYSE, Jan 02, 10:00 pm CET
Why the stock moved Why the stock moved Beta
ISIN
US45781V1017
Symbol
IIPR

Innovative Industrial Properties Inc Stock price

$49.47
-0.40 0.80% 1M
-7.60 13.32% 6M
+2.11 4.46% YTD
-18.33 27.04% 1Y
-51.88 51.19% 3Y
-128.03 72.13% 5Y
+30.32 158.33% 10Y
+30.32 158.33% 20Y
NYSE, Closing price Fri, Jan 02 2026
+2.11 4.46%

New AI Insights on Innovative Industrial Properties Inc Insights AI Insights on Innovative Industrial Properties Inc

How does the company make money?
Who are the company’s main competitors?
What are the key opportunities and risks?
How is the company managed?

Key metrics

Basic
Market capitalization
$1.3b
Enterprise Value
$1.6b
Net debt
$303.6m
Cash
$36.7m
Shares outstanding
28.0m
Valuation (TTM | estimate)
P/E
11.7 | 12.4
P/S
4.8 | 4.9
EV/Sales
5.9 | 6.0
EV/FCF
10.6
P/B
0.7
Dividends
DPS
$7.60
Yield 1Y | 5Y
15.4% | 5.9%
Growth 1Y | 5Y
1.1% | 11.2%
Payout 1Y | 3Y
136.0% | 130.1%
Increased
9 Years
Financials (TTM | estimate)
Revenue
$276.0m | $270.5m
EBITDA
$213.3m | $203.7m
EBIT
$139.5m | $127.8m
Net Income
$120.4m | $111.5m
Free Cash Flow
$154.2m
Growth (TTM | estimate)
Revenue
-11.2% | -12.3%
EBITDA
-12.6% | -16.3%
EBIT
-19.9% | -26.0%
Net Income
-24.6% | -29.3%
Free Cash Flow
-17.7%
Margin (TTM | estimate)
Gross
89.2%
EBITDA
77.3% | 75.3%
EBIT
50.5%
Net
43.6% | 41.2%
Free Cash Flow
55.9%
Financial Health
Equity Ratio
81.4%
Return on Equity
8.1%
ROCE
6.3%
ROIC
-
Debt/Equity
0.2
More
EPS
$4.2
FCF per Share
$5.5
Short interest
13.2%
Employees
22
Rev per Employee
$14.0m
Show more

Is Innovative Industrial Properties Inc a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

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Innovative Industrial Properties Inc Stock Analysis

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Analyst Opinions

11 Analysts have issued a Innovative Industrial Properties Inc forecast:

1x Buy
9%
5x Hold
45%
5x Sell
45%

Analyst Opinions

11 Analysts have issued a Innovative Industrial Properties Inc forecast:

Buy
9%
Hold
45%
Sell
45%

Financial data from Innovative Industrial Properties Inc

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Sep '25
+/-
%
276 276
11% 11%
100%
- Direct Costs 30 30
6% 6%
11%
246 246
13% 13%
89%
- Selling and Administrative Expenses 33 33
15% 15%
12%
- Research and Development Expense - -
-
-
213 213
13% 13%
77%
- Depreciation and Amortization 74 74
6% 6%
27%
EBIT (Operating Income) EBIT 140 140
20% 20%
51%
Net Profit 120 120
25% 25%
44%

In millions USD.

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Innovative Industrial Properties Inc Stock News

Positive
Seeking Alpha
2 days ago
Innovative Industrial Properties is upgraded to a conviction buy as imminent cannabis rescheduling could dramatically improve tenant fundamentals and stock valuation. IIPR's 16% dividend yield appears mispriced given its low leverage (
Positive
MarijuanaStocks
4 days ago
The U.S. cannabis industry continues to evolve as legalization momentum slowly expands. Sales have grown across both medical and adult-use markets. Analysts expect long-term demand to keep rising as more states approve regulated programs. However, plant-touching companies still face regulatory hurdles, difficult banking conditions, and market challenges. Because of this, many investors have sta...
Positive
MarijuanaStocks
11 days ago
Cannabis real estate investment trusts remain a unique way to gain sector exposure. Instead of selling cannabis, these companies collect rent or interest. As a result, they reduce direct operational risk. Still, tenant health and capital markets remain critical factors. As December 2025 approaches, several names stand out for investors. In particular, Innovative Industrial Properties, NewLake C...
More Innovative Industrial Properties Inc News

Company Profile

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. It operates through the following geographical segments: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New York, North Dakota, Ohio, and Pennsylvania. The firm's property portfolio include PharmaCann; Ascend Wellness Holdings, LLC; Vireo Health, Inc.; and Green Peak Industries, LLC. The company was founded by Alan D. Gold and Paul E. Smithers on June 15, 2016 and is headquartered in San Diego, CA.

Head office United States
CEO Paul Smithers
Employees 22
Founded 2016
Website innovativeindustrialproperties.com

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