$49.45
0.12% yesterday
NYSE, Nov 28, 07:56 pm CET
ISIN
US45781V1017
Symbol
IIPR

Innovative Industrial Properties Inc Stock price

$49.51
-3.61 6.80% 1M
-6.02 10.84% 6M
-17.13 25.71% YTD
-59.64 54.64% 1Y
-65.83 57.07% 3Y
-106.77 68.32% 5Y
+30.36 158.54% 10Y
+30.36 158.54% 20Y
NYSE, Closing price Wed, Nov 26 2025
+0.53 1.08%

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
$1.4b
Enterprise Value
$1.7b
Net debt
$303.6m
Cash
$36.7m
Shares outstanding
28.0m
Valuation (TTM | estimate)
P/E
11.7 | 13.1
P/S
5.0 | 5.1
EV/Sales
6.1 | 6.3
EV/FCF
11.0
P/B
0.7
Dividends
DPS
$7.52
Yield 1Y | 5Y
15.2% | 5.0%
Growth 1Y | 5Y
4.2% | 21.6%
Payout 1Y | 3Y
136.0% | 130.1%
Increased
8 Years
Financials (TTM | estimate)
Revenue
$276.0m | $269.8m
EBITDA
$213.3m | $205.9m
EBIT
$139.5m | $128.3m
Net Income
$120.4m | $105.8m
Free Cash Flow
$154.2m
Growth (TTM | estimate)
Revenue
-11.2% | -12.6%
EBITDA
-12.6% | -15.4%
EBIT
-19.9% | -25.7%
Net Income
-24.6% | -32.9%
Free Cash Flow
-17.7%
Margin (TTM | estimate)
Gross
89.2%
EBITDA
77.3% | 76.3%
EBIT
50.5%
Net
43.6% | 39.2%
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
MarijuanaStocks
about 3 hours ago
The push for better cannabis reform is and seems to be an ongoing battle. Now, from the time the first state legalized cannabis, there has been tremendous growth and opportunity. This led other states and global regions to take action and build an entire cannabis industry. This has allowed investors to enter the space and find cannabis companies that are publicly traded. Investing in top mariju...
Neutral
MarijuanaStocks
8 days ago
The ancillary cannabis sector continues to draw new interest as the industry navigates a shifting landscape in late 2025. Many investors remain cautious about traditional plant-touching companies because they still face heavy tax burdens, banking restrictions, and regulatory uncertainty. However, ancillary operators avoid many of these challenges. They support the cannabis market through real e...
Positive
Seeking Alpha
18 days ago
Innovative Industrial Properties has fallen by around 54% from its 1-year high as shareholders, skittish about a dividend cut, have fled the common shares. The REIT has seen its dividend yield sell to 14.8% with coverage negative at 84%, a nominal dividend shortfall of around $8.6 million. IIPR expects to resolve the bulk of its tenant defaults over the next 3 to 9 months.
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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