52.82

1.03% 0.47

Innovative Industrial Properties Inc (IIPR)

Overview News Price History Option Chain Financials Why IIPR Down? Discussions Forecast Dividend History

Innovative Industrial Properties Inc stock is traded at $52.82, with a volume of 69,318. It is up +1.03% in the last 24 hours and down -3.17% over the past month. Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.

Previous Close:

$52.35

Open:

$52.15

24h Volume:

69,318

Relative Volume:

0.21

Market Cap:

$1.48B

Revenue:

$265.96M

Net Income/Loss:

$115.26M

P/E Ratio:

13.45

EPS:

3.9268

Net Cash Flow:

$174.76M

1W Performance:

-1.36%

1M Performance:

-3.17%

6M Performance:

-2.88%

1Y Performance:

-18.61%

1-Day Range:

$52.02

$53.00

1-Week Range:

$51.20

$53.61

52-Week Range:

$44.58

$65.92

Innovative Industrial Properties Inc Stock (IIPR) Company Profile

Name

Innovative Industrial Properties Inc

Sector

Real Estate (263)

Industry

REIT - Industrial (17)

Phone

(858) 997-3332

Address

1389 CENTER DRIVE, PARK CITY, CA

Employee

Twitter

Next Earnings Date

2025-08-01

Latest SEC Filings

IIPR's Discussions on Twitter

Compare IIPR vs PLD, PSA, EXR, EGP, CUBE

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
IIPR Innovative Industrial Properties Inc	52.74	1.47B	265.96M	115.26M	174.76M	3.9268
PLD Prologis Inc	129.88	121.53B	8.79B	3.57B	4.12B	3.5567
PSA Public Storage	270.80	46.98B	4.82B	1.80B	2.90B	9.0144
EXR Extra Space Storage Inc	131.26	27.45B	3.38B	1.02B	1.69B	4.5319
EGP Eastgroup Properties Inc	185.06	9.79B	721.34M	257.46M	404.90M	4.8717
CUBE Cubesmart	36.56	8.22B	1.12B	331.32M	566.89M	1.4562

Innovative Industrial Properties Inc Stock (IIPR) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Mar-03-26	Upgrade	Compass Point	Sell → Neutral
Jul-02-25	Downgrade	Wolfe Research	Outperform → Peer Perform
Apr-23-25	Resumed	Wolfe Research	Outperform
Mar-31-25	Downgrade	Compass Point	Neutral → Sell
Dec-23-24	Downgrade	BTIG Research	Buy → Neutral
Dec-20-24	Downgrade	Compass Point	Buy → Neutral
Dec-20-24	Downgrade	Piper Sandler	Neutral → Underweight
Dec-17-24	Initiated	Alliance Global Partners	Buy
Nov-08-24	Upgrade	Compass Point	Neutral → Buy
Sep-05-23	Downgrade	Compass Point	Buy → Neutral
Jun-30-23	Downgrade	Piper Sandler	Overweight → Neutral
May-10-23	Downgrade	Craig Hallum	Buy → Hold
Jan-20-23	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Sep-19-22	Upgrade	Compass Point	Neutral → Buy
Aug-08-22	Downgrade	Compass Point	Buy → Neutral
Jul-19-22	Downgrade	Wolfe Research	Outperform → Peer Perform
Jul-15-22	Reiterated	BTIG Research	Buy
May-09-22	Upgrade	Craig Hallum	Hold → Buy
Jul-02-21	Initiated	Wolfe Research	Outperform
Dec-23-20	Downgrade	Ladenburg Thalmann	Buy → Neutral
Sep-08-20	Initiated	Piper Sandler	Overweight
Jul-28-20	Initiated	JMP Securities	Mkt Outperform
Mar-23-20	Upgrade	Ladenburg Thalmann	Neutral → Buy
Mar-16-20	Initiated	ROTH Capital	Buy
Mar-10-20	Initiated	Craig Hallum	Hold
Mar-20-19	Downgrade	Ladenburg Thalmann	Buy → Neutral
Jan-24-18	Reiterated	Ladenburg Thalmann	Buy
Jan-13-17	Initiated	Ladenburg Thalmann	Buy

View All

Innovative Industrial Properties Inc Stock (IIPR) Latest News

Mar 24, 2026

CapEx per share of Innovative Industrial Properties Inc – SWB:1IK - TradingView

Mar 24, 2026

Stock List: Research Stocks from Around the World - GuruFocus

Mar 24, 2026

Mar 23, 2026

Total debt per share of Innovative Industrial Properties Inc – SWB:1IK - TradingView

Mar 23, 2026

Innovative Industrial Properties (IIPR) Outpaces Stock Market Gains: What You Should Know - Yahoo Finance

Mar 23, 2026

EBITDA per share of Innovative Industrial Properties Inc – SWB:1IK - TradingView

Mar 23, 2026

Innovative Industrial Properties: Buybacks, Tenant Resolutions, And The Future Of The 14.7% Dividend Yield - Seeking Alpha

Mar 23, 2026

What Innovative Industrial Properties (IIPR)'s PharmaCann Settlement and Asset Recontrol Means For Shareholders - Sahm

Mar 23, 2026

Mar 21, 2026

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock (IIPR/PA) - Minichart

Mar 21, 2026

Is Innovative Industrial Properties, Inc. (IIPR) a good stock to buy now? - MSN

Mar 21, 2026

Mar 20, 2026

420 with CNWFederal Agencies Retain Employee Marijuana Testing Guidelines - Investing News Network

Mar 20, 2026

Is Innovative Industrial Properties, Inc. (IIPR) A Good Stock To Buy Now? - Insider Monkey

Mar 20, 2026

A Look At Innovative Industrial Properties (IIPR) Valuation After Tenant Settlement Progress And Dividend Declarations - Sahm

Mar 20, 2026

Mar 19, 2026

Innovative Industrial Properties: Attractive Business, But High Oil Prices Could Be A Problem - Seeking Alpha

Mar 19, 2026

(IIPR) Volatility Zones as Tactical Triggers - Stock Traders Daily

Mar 19, 2026

Innovative Industrial Properties, Inc. Common Stock (NY: IIPR - The Chronicle-Journal

Mar 19, 2026

Mar 18, 2026

Analysts’ Top Real Estate Picks: UOL Group (UOLGF), Innovative Industrial Properties (IIPR) - The Globe and Mail

Mar 18, 2026

Layoff Watch: What is the PEG ratio of Innovative Industrial Properties IncGap Up & Real-Time Volume Triggers - baoquankhu1.vn

Mar 18, 2026

IIPR Resolves PharmaCann Dispute As Retenanting And Buybacks Target Stability - Yahoo Finance

Mar 18, 2026

Mar 17, 2026

Roth MKM Maintains Innovative Industrial Properties Inc(IIPR.US) With Buy Rating, Maintains Target Price $90 - 富途牛牛

Mar 17, 2026

Innovative Industrial Resolves Tenant Disputes, Advances Retenanting Strategy - The Globe and Mail

Mar 17, 2026

Two 10% Yielders I Am Buying: One REIT And One Asset Manager - Seeking Alpha

Mar 17, 2026

Innovative Industrial Properties settles PharmaCann dispute By Investing.com - Investing.com Australia

Mar 17, 2026

IIPR Clarifies Portfolio After PharmaCann Resolution And New Leases - Sahm

Mar 17, 2026

Mar 16, 2026

Innovative Industrial Properties Announces PharmaCann Resolution and Provides Portfolio Update - Investing News Network

Mar 16, 2026

Innovative Industrial Properties (IIPR) Stock Falls Amid Market Uptick: What Investors Need to Know - Yahoo Finance

Mar 16, 2026

Innovative Industrial Properties Resolves PharmaCann Litigation, Signs New Leases, and Provides Portfolio Update - Minichart

Mar 16, 2026

IIPR SEC FilingsInnovative Indus 10-K, 10-Q, 8-K Forms - Stock Titan

Mar 16, 2026

Innovative Industrial Properties (IIPR) Expands Lease Portfolio and Resolves Legal Issues - GuruFocus

Mar 16, 2026

Innovative Industrial Properties Inc has reached a settlement agreement regarding unpaid amounts under Pharmacann’s property lease agreements in New York, Ohio, and Pennsylvania. - Bitget

Mar 16, 2026

Innovative Industrial (NYSE: IIPR) details tenant defaults and new lease wins - Stock Titan

Mar 16, 2026

Innovative Industrial Properties Announces Pharmacann Resolution And Provides Portfolio Update - TradingView

Mar 16, 2026

Innovative Industrial Properties settles PharmaCann dispute - Investing.com

Mar 16, 2026

Innovative Industrial Properties Resolves Pha... - Benzinga

Mar 16, 2026

Innovative Industrial Properties (IIPR) Shares Decline Despite Market Gains: Essential Information for Investors - Bitget

Mar 16, 2026

Mar 14, 2026