IIPR
Innovative Industrial Properties, Inc. NYSE Listed Dec 1, 2016$61.08
+0.69%
vs $60.66
Mkt Cap $1.7B
52w Low $44.58
96.0% of range
52w High $61.77
50d MA $56.63
200d MA $52.89
P/E (TTM)
15.6x
EV/EBITDA
8.1x
P/B
0.9x
Debt/Equity
0.2x
ROE
6.4%
P/FCF
9.9x
RSI (14)
62.70
ATR (14)
$1.94
Beta
1.47
50d MA
$56.63
200d MA
$52.89
Avg Volume
379.7K
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
1389 Center Drive · Park City, UT 84098 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 4, 2026 | AMC | 1.07 | 1.02 | -4.7% | 52.90 | +3.3% | +14.0% | -4.3% | -1.9% | +1.2% | -1.4% | — |
| Feb 23, 2026 | AMC | 1.05 | 1.88 | +79.0% | 46.16 | +3.1% | +10.7% | +3.3% | +3.4% | -3.0% | +1.4% | — |
| Nov 3, 2025 | AMC | 1.71 | 1.71 | +0.0% | 49.49 | +0.5% | +0.5% | +6.5% | -3.8% | +1.0% | +0.0% | — |
| Aug 6, 2025 | AMC | 1.61 | 1.71 | +6.2% | 51.62 | -3.2% | -10.7% | -0.6% | +6.2% | +7.7% | +4.2% | — |
| May 7, 2025 | AMC | 1.99 | 1.94 | -2.5% | 53.37 | +6.2% | +4.3% | -1.9% | +2.3% | -0.7% | -0.3% | — |
| Feb 19, 2025 | AMC | 2.22 | 2.22 | +0.0% | 73.43 | +2.2% | -0.8% | -0.3% | +0.7% | +0.8% | -1.4% | — |
| Nov 6, 2024 | AMC | 2.29 | 2.25 | -1.7% | 123.00 | -8.0% | -10.5% | -3.4% | +1.3% | -3.5% | -0.9% | — |
| Aug 5, 2024 | AMC | 2.23 | 2.29 | +2.7% | 113.16 | +0.8% | +1.3% | -1.5% | +1.8% | +0.7% | -1.1% | — |
| May 8, 2024 | AMC | 2.27 | 2.21 | -2.6% | 107.70 | -2.5% | -2.7% | -0.4% | +0.8% | +4.7% | +2.6% | — |
| Feb 26, 2024 | AMC | 2.24 | 2.28 | +1.8% | 89.75 | +2.5% | +6.2% | +2.3% | +0.5% | +0.2% | -0.6% | — |
| Nov 1, 2023 | AMC | 2.19 | 2.29 | +4.6% | 72.59 | +4.5% | +7.0% | +3.8% | -1.5% | -1.1% | -1.5% | — |
| Aug 2, 2023 | AMC | 2.11 | 2.26 | +7.1% | 76.56 | -0.7% | +1.6% | +1.0% | +3.2% | +1.1% | -0.0% | — |
| May 8, 2023 | AMC | 2.04 | 2.25 | +10.3% | 69.27 | +3.0% | +3.1% | +1.0% | -1.8% | -2.0% | +0.8% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 3 | Compass Point | Upgrade | Sell → Neutral | — | $53.68 | $52.87 | -1.5% | -0.1% | +5.7% | -2.8% | -1.3% | +0.3% |
| Feb 25 | Piper Sandler | Maintains | Underweight → Underweight | — | $51.10 | $51.51 | +0.8% | +3.3% | +3.4% | -3.0% | +1.4% | -0.1% |
| Nov 5 | Piper Sandler | Maintains | Underweight → Underweight | — | $49.76 | $50.56 | +1.6% | +6.5% | -3.8% | +1.0% | +0.0% | +1.0% |
| Jul 2 | Wolfe Research | Downgrade | Outperform → Peer Perform | — | $56.69 | $55.50 | -2.1% | +0.7% | -0.3% | -2.8% | +0.3% | +0.5% |
| Apr 15 | Piper Sandler | Maintains | Underweight → Underweight | — | $50.83 | $51.00 | +0.3% | -0.7% | +1.0% | +1.3% | -0.8% | +2.2% |
| Mar 31 | Piper Sandler | Maintains | Underweight → Underweight | — | $63.75 | $53.96 | -15.4% | -15.2% | +3.2% | +1.2% | -7.2% | +1.9% |
| Mar 31 | Compass Point | Downgrade | Neutral → Sell | — | $63.75 | $53.96 | -15.4% | -15.2% | +3.2% | +1.2% | -7.2% | +1.9% |
| Mar 18 | Compass Point | Maintains | Neutral → Neutral | — | $64.21 | $65.22 | +1.6% | +1.7% | -2.2% | -0.8% | +0.4% | +4.2% |
| Mar 17 | Citizens Capital Markets | Maintains | Market Perform → Market Perform | — | $69.62 | $66.46 | -4.5% | -7.8% | +1.7% | -2.2% | -0.8% | +0.4% |
| Mar 17 | Piper Sandler | Maintains | Underweight → Underweight | — | $69.62 | $66.46 | -4.5% | -7.8% | +1.7% | -2.2% | -0.8% | +0.4% |
| Feb 21 | Roth MKM | Maintains | Buy → Buy | — | $72.87 | $74.00 | +1.6% | -0.3% | +0.7% | +0.8% | -1.4% | -0.4% |
| Dec 23 | BTIG | Downgrade | Buy → Neutral | — | $73.66 | $71.71 | -2.6% | -4.4% | -0.1% | +0.5% | -3.7% | -1.2% |
| Dec 20 | Compass Point | Downgrade | Buy → Neutral | — | $95.34 | $74.00 | -22.4% | -22.7% | -4.4% | -0.1% | +0.5% | -3.7% |
| Dec 16 | JMP Securities | Maintains | Market Perform → Market Perform | — | $104.72 | $103.99 | -0.7% | -2.5% | -0.8% | -3.2% | -2.8% | -22.7% |
| Nov 8 | Compass Point | Upgrade | Neutral → Buy | — | $110.07 | $110.50 | +0.4% | -3.4% | +1.3% | -3.5% | -0.9% | +0.4% |
| Nov 8 | Piper Sandler | Maintains | Neutral → Neutral | — | $110.07 | $110.50 | +0.4% | -3.4% | +1.3% | -3.5% | -0.9% | +0.4% |
| Aug 9 | Piper Sandler | Maintains | Neutral → Neutral | — | $114.92 | $115.33 | +0.4% | +0.7% | -1.1% | +2.4% | -0.6% | +1.3% |
| Jul 22 | Roth MKM | Maintains | Buy → Buy | — | $118.28 | $119.00 | +0.6% | +2.8% | +0.4% | -2.1% | +1.0% | +1.8% |
| Mar 7 | Craig-Hallum | Maintains | Hold → Hold | — | $96.71 | $97.84 | +1.2% | -0.1% | +0.3% | +1.0% | +0.7% | -0.9% |
| Feb 29 | Piper Sandler | Maintains | Neutral → Neutral | — | $97.51 | $99.25 | +1.8% | +0.5% | +0.2% | -0.6% | -1.1% | +0.2% |
| Nov 6 | Piper Sandler | Maintains | Neutral → Neutral | — | $80.59 | $81.17 | +0.7% | -1.5% | -1.1% | -1.5% | -2.8% | +0.9% |
| Sep 5 | Compass Point | Downgrade | Buy → Neutral | — | $87.72 | $85.45 | -2.6% | -2.2% | +2.4% | +0.6% | +0.2% | +0.8% |
| Jun 30 | Piper Sandler | Downgrade | Overweight → Neutral | — | $74.30 | $73.30 | -1.3% | -1.7% | +1.7% | -0.8% | -1.1% | -0.3% |
| May 31 | Piper Sandler | Maintains | Overweight → Overweight | — | $67.15 | $66.75 | -0.6% | -1.6% | -0.9% | +5.0% | -1.8% | +4.6% |
| May 30 | Compass Point | Maintains | Buy → Buy | — | $67.46 | $68.18 | +1.1% | -0.5% | -1.6% | -0.9% | +5.0% | -1.8% |
| May 17 | Compass Point | Maintains | Buy → Buy | — | $69.16 | $69.07 | -0.1% | +1.7% | +0.4% | -3.9% | +2.5% | +0.6% |
| May 10 | Craig-Hallum | Downgrade | Buy → Hold | — | $71.43 | $71.00 | -0.6% | +1.0% | -1.8% | -2.0% | +0.8% | -1.1% |
| Apr 5 | Piper Sandler | Maintains | Overweight → Overweight | — | $72.80 | $72.34 | -0.6% | -1.0% | +0.9% | -0.9% | +0.8% | -1.3% |
| Mar 1 | Piper Sandler | Maintains | Overweight → Overweight | — | $88.41 | $87.16 | -1.4% | -4.5% | +2.2% | +1.2% | -2.0% | +0.7% |
| Jan 24 | BTIG | Maintains | Buy → Buy | — | $88.38 | $88.56 | +0.2% | -2.9% | +0.8% | -0.0% | +1.1% | -0.8% |
| Jan 20 | JMP Securities | Downgrade | Market Outperform → Market Perform | — | $92.09 | $91.45 | -0.7% | -3.3% | -0.7% | -2.9% | +0.8% | -0.0% |
| Jan 20 | Compass Point | Maintains | Buy → Buy | — | $92.09 | $91.45 | -0.7% | -3.3% | -0.7% | -2.9% | +0.8% | -0.0% |
| Jan 3 | Compass Point | Maintains | Buy → Buy | — | $101.35 | $102.00 | +0.6% | -3.1% | +1.0% | -2.8% | +3.9% | +1.3% |
| Oct 7 | Piper Sandler | Maintains | Overweight → Overweight | — | $96.28 | $94.98 | -1.4% | -5.4% | +1.9% | +1.0% | -0.8% | +0.2% |
| Sep 19 | Compass Point | Upgrade | Neutral → Buy | — | $91.46 | $93.27 | +2.0% | +11.9% | -6.0% | +0.8% | -2.8% | -2.3% |
| Aug 8 | Piper Sandler | Maintains | Overweight → Overweight | — | $94.41 | $93.80 | -0.6% | -0.8% | -1.6% | +2.4% | +2.1% | +2.1% |
| Aug 8 | Compass Point | Downgrade | Buy → Neutral | — | $94.41 | $93.80 | -0.6% | -0.8% | -1.6% | +2.4% | +2.1% | +2.1% |
| Jul 19 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $91.76 | $90.00 | -1.9% | -3.0% | +5.0% | +3.5% | -1.5% | -2.5% |
| Jul 19 | Wolfe Research | Downgrade | Outperform → Peer Perform | — | $91.76 | $90.00 | -1.9% | -3.0% | +5.0% | +3.5% | -1.5% | -2.5% |
| Jun 2 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $132.82 | $131.21 | -1.2% | +2.9% | -2.3% | +0.8% | +1.4% | -1.8% |
| May 9 | Craig-Hallum | Upgrade | Hold → Buy | — | $134.00 | $131.52 | -1.9% | -2.7% | -1.4% | -4.4% | +3.2% | +9.1% |
| Nov 4 | JMP Securities | Maintains | Market Outperform → Market Outperform | — | $260.07 | $264.97 | +1.9% | +2.9% | +2.5% | +2.8% | -0.4% | -3.3% |
| Sep 1 | BTIG | Maintains | Buy → Buy | — | $245.91 | $247.98 | +0.8% | +0.7% | +0.7% | +1.2% | -0.9% | -0.6% |
| Aug 9 | Craig-Hallum | Maintains | Hold → Hold | — | $228.45 | $229.00 | +0.2% | -0.3% | +0.1% | +0.7% | +1.2% | +0.4% |
| Aug 6 | Roth Capital | Maintains | Buy → Buy | — | $216.94 | $219.68 | +1.3% | +5.3% | -0.3% | +0.1% | +0.7% | +1.2% |
| Jul 2 | Wolfe Research | Maintains | Outperform → Outperform | — | $193.59 | $196.00 | +1.2% | +2.9% | +1.5% | -1.1% | -1.5% | +3.5% |
| Nov 5 | Piper Sandler | Maintains | Overweight → Overweight | — | $133.58 | $141.29 | +5.8% | +16.7% | -2.2% | -4.8% | +5.8% | +1.2% |
| Sep 18 | Roth Capital | Maintains | Buy → Buy | — | $126.18 | $127.67 | +1.2% | -1.1% | -1.2% | +1.1% | -5.2% | +1.0% |
| Sep 8 | Piper Sandler | Maintains | Overweight → Overweight | — | $117.72 | $117.72 | +0.0% | +0.6% | +4.2% | -0.1% | -1.3% | -1.1% |
| Jan 14 | BTIG Research | Maintains | Buy → Buy | — | $51.78 | $52.99 | +2.3% | +4.6% | -1.9% | -0.5% | +4.1% | -1.3% |
No insider trades available.
8-K · 1.01
! Medium
Innovative Industrial Properties, Inc. -- 8-K 1.01: Financing / Debt Agreement
May 20
8-K · 1.01
! Medium
Innovative Industrial Properties, Inc. -- 8-K 1.01: Financing / Debt Agreement
May 19
8-K
Innovative Industrial Properties, Inc. -- 8-K Filing
I cannot provide a meaningful analysis as the summary contains only standard SEC boilerplate language without substantive information about any actual corporate event or transaction affecting Innovative Industrial Properties (IIPR).
May 4
8-K
Innovative Industrial Properties, Inc. -- 8-K Filing
Innovative Industrial Properties has announced a share repurchase authorization, allowing management flexibility to buy back IIPR stock when conditions are favorable, though execution is discretionary with no guaranteed repurchase amount.
Mar 4
8-K
Innovative Industrial Properties, Inc. -- 8-K Filing
I cannot provide a meaningful analysis from this summary, as it contains only standard SEC boilerplate language about liability and incorporation by reference, without any substantive information about Innovative Industrial Properties' actual business developments or transactions.
Feb 23
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 2,728,989 | $137M | New | Mar 2026 |
| 2 | Vanguard Capital Management Llc | 1,242,162 | $62M | New | Mar 2026 |
| 3 | Arrowstreet Capital, Limited Partnership | 539,600 | $27M | Added | Mar 2026 |
| 4 | Invesco Ltd. | 496,077 | $25M | Added | Mar 2026 |
| 5 | Morgan Stanley | 519,068 | $25M | Reduced | Dec 2025 |
| 6 | Point72 Asset Management | 464,907 | $23M | Added | Mar 2026 |
| 7 | Northern Trust Corp | 380,287 | $19M | Added | Mar 2026 |
| 8 | D.e. Shaw & Co | 362,714 | $18M | Reduced | Mar 2026 |
| 9 | Bank Of New York Mellon Corp | 191,314 | $10M | Reduced | Mar 2026 |
| 10 | Principal Financial Group Inc | 184,039 | $9M | Added | Dec 2025 |
| 11 | Jpmorgan Chase & Co | 132,514 | $7M | Reduced | Mar 2026 |
| 12 | First Trust Advisors Lp | 100,294 | $5M | Added | Mar 2026 |
| 13 | Victory Capital Management Inc | 85,127 | $4M | — | Mar 2026 |
| 14 | Truewealth Advisors, Llc | 75,290 | $4M | Added | Mar 2026 |
| 15 | Nuveen, Llc | 65,878 | $3M | Reduced | Mar 2026 |
| 16 | Aqr Capital Management Llc | 56,561 | $3M | Added | Mar 2026 |
| 17 | Us Bancorp \de\ | 59,315 | $3M | Added | Dec 2025 |
| 18 | Prudential Financial Inc | 51,517 | $3M | Added | Mar 2026 |
| 19 | Segall Bryant & Hamill, Llc | 45,948 | $2M | New | Mar 2026 |
| 20 | Millennium Management | 40,041 | $2M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$1.73B
Enterprise Value
$1.76B
P/E (TTM)
15.58x
Forward P/E
14.20x
PEG Ratio
-0.40x
P/B
0.93x
P/S
6.58x
P/FCF
9.92x
EV/EBITDA
8.13x
Shares Out
28.4M
Financials (TTM)
Revenue
$263.2M
Net Income
$120.0M
EBITDA
$216.4M
Free Cash Flow
$174.8M
Op Cash Flow
$198.2M
EPS Basic
$3.98
EPS Diluted
$3.92
EPS Forward
$4.30
Gross Margin
60.3%
Op Margin
46.7%
Net Margin
45.6%
Balance Sheet
Total Assets
$2.37B
Total Liab.
$522.9M
Total Equity
$1.85B
Cash
$47.6M
LT Debt
$74.4M
Book Value/Sh
$65.99
Debt/Equity
0.21x
Current Ratio
0.15
Quick Ratio
0.15
Returns & Growth
ROE
6.4%
ROA
5.0%
ROIC
227.9%
Rev Growth YoY
-13.8%
EPS Growth YoY
-28.7%
Price Returns
2W
+5.7%
1M
+7.0%
3M
+9.6%
6M
+17.4%
12M
+5.2%
Technicals
52W High
$61.77
52W Low
$44.58
50d MA
$56.63
200d MA
$52.89
RSI (14)
62.70
ATR (14)
$1.94
Beta
1.47
Avg Volume
380K
Dividends
Div Rate
$7.84
Div Yield
14.4%
Frequency
4
Ex-Div Date
Mar 31, 2026
Analyst Price Targets
Consensus
$44.00
High
$44.00
Low
$44.00
Median
$44.00
Data updated apr 25, 2026 3:11pm
· Source: financialmodelingprep.com