61.42

0.10% -0.06

After Hours: 61.42

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 $61.42, with a volume of 414.60K. It is down -0.10% in the last 24 hours and down -2.40% 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:

$61.48

Open:

$61.55

24h Volume:

414.60K

Relative Volume:

1.06

Market Cap:

$1.78B

Revenue:

$263.23M

Net Income/Loss:

$116.76M

P/E Ratio:

15.68

EPS:

3.918

Net Cash Flow:

$182.64M

1W Performance:

-4.55%

1M Performance:

-2.40%

6M Performance:

+25.96%

1Y Performance:

+14.40%

1-Day Range:

$61.13

$62.50

1-Week Range:

$60.45

$64.28

52-Week Range:

$44.58

$65.38

Innovative Industrial Properties Inc Stock (IIPR) Company Profile

Name

Innovative Industrial Properties Inc

Sector

Real Estate (260)

Industry

REIT - Industrial (16)

Phone

(858) 997-3332

Address

1389 CENTER DRIVE, PARK CITY, CA

Employee

Twitter

Next Earnings Date

2026-08-03

Latest SEC Filings

IIPR's Discussions on Twitter

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

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
IIPR Innovative Industrial Properties Inc	61.42	1.78B	263.23M	116.76M	182.64M	3.918
PLD Prologis Inc	147.26	137.64B	9.19B	4.47B	4.25B	4.491
PSA Public Storage	324.02	60.22B	4.86B	1.92B	2.88B	9.6884
EXR Extra Space Storage Inc	148.29	31.21B	3.41B	988.29M	1.70B	4.396
EGP Eastgroup Properties Inc	210.84	11.46B	737.14M	292.65M	417.71M	5.4968
LINE Lineage Inc	42.55	9.43B	5.36B	-159.00M	153.00M	-0.6191

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

Jul 27, 2026

Innovative Industrial Properties (IIPR) Projected to Post Quarterly Earnings on Monday - MarketBeat

Jul 27, 2026

Jul 26, 2026

Innovative Industrial Properties (NYSE:IIPR) In Focus As Property Themes Return - Kalkine Media

Jul 22, 2026

Innovative Industrial Propertie (IIPR) Stock Forecasts - Yahoo Finance

Jul 22, 2026

Innovative Indl Props Is Maintained at Underweight by Piper Sandler - Moomoo

Jul 22, 2026

IIPR stock trades around recent lows as cannabis REIT focuses on rental growth and dividend stabilit - AD HOC NEWS

Jul 22, 2026

Jul 21, 2026

Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: Here's Why - Yahoo Finance

Jul 21, 2026

Piper Sandler Maintains Innovative Industrial Properties Inc(IIPR.US) With Sell Rating, Raises Target Price to $51 - 富途牛牛

Jul 21, 2026

IIPR Maintains Rating by Piper Sandler -- Price Target Raised to $51 - GuruFocus

Jul 21, 2026

Innovative Industrial Properties (NYSE:IIPR) Stock Price Expected to Rise, Piper Sandler Analyst Says - MarketBeat

Jul 21, 2026

Innovative Industrial Properties, Inc. Files Form 8-K: Key Details on Address, Management, and Securities (July 2026) - Minichart

Jul 21, 2026

Innovative Industrial Properties reports $1.6M rent default, tenant vacating two Florida properties - TradingView

Jul 21, 2026

Innovative Industrial (NYSE: IIPR) hit by $1.6M default on key Florida leases - Stock Titan

Jul 21, 2026

INNOVATIVE INDUSTRIAL PROPERTIES INC : PIPER SANDLER RAISES TARGET PRICE TO $51 FROM $45 - Bitget

Jul 21, 2026

Jul 20, 2026

Innovative Industrial Properties Announces Second Quarter 2026 Earnings Release Date and Conference Call - Investing News Network

Jul 20, 2026

Innovative Industrial Properties sets Q2 2026 earnings date - scanx.trade

Jul 20, 2026

Innovative Industrial Properties updates financial calendar with quarterly earnings release, investor call - Bitget

Jul 20, 2026

Jul 19, 2026

How (IIPR) Movements Inform Risk Allocation Models - Stock Traders Daily

Jul 19, 2026

Jul 15, 2026

Innovative Industrial Properties stock hits 52-week high at 65.0 USD By Investing.com - Investing.com South Africa

Jul 15, 2026

Innovative Industrial Properties stock hits 52-week high at 65.0 USD - Investing.com Nigeria

Jul 15, 2026

INVESTOR DEADLINE TOMORROW: Robbins Geller Rudman & Dowd LLP Ann - GuruFocus

Jul 15, 2026

Jul 11, 2026

Enterprise value to EBIT forward of Innovative Industrial Properties Inc – SWB:1IK - TradingView

Jul 11, 2026

Jul 10, 2026

Innovative Industrial Properties: Capital Structure Risk Solved, 9% Preferred Yield Remains - Seeking Alpha

Jul 10, 2026

Jul 08, 2026

Innovative Industrial Properties (IIPR) Following Its Debt Deal Looks Fully Valued - simplywall.st

Jul 08, 2026

Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes - AOL.com

Jul 08, 2026

Jul 07, 2026

Innovative Industrial Properties Declares Second Quarter 2026 Dividends - AOL.com

Jul 07, 2026

Jul 06, 2026

Innovative Industrial Properties stock and its role in cannabis real estate. A closer look at the RE - ad-hoc-news.de

Jul 06, 2026

Innovative Industrial Properties stock hits 52-week high at 63.69 USD - Investing.com

Jul 06, 2026

Innovative Industrial Properties stock hits 52-week high at 63.69 USD By Investing.com - Investing.com India

Jul 06, 2026

Innovative Industrial Properties Preferred: High Income Yield But Not A Buy-And-Hold Allocation - Seeking Alpha

Jul 06, 2026

Jul 05, 2026

Should Removal From the Russell 2000 Dynamic Index Require Action From Innovative Industrial Properties (IIPR) Investors? - simplywall.st

Jul 05, 2026

Enterprise value to EBIT forward of Innovative Industrial Properties Inc – DUS:1IK - TradingView

Jul 05, 2026

Jun 30, 2026

Innovative Industrial Properties: Cannabis Rescheduling Progress Reinforces The Re-Rating Thesis - Seeking Alpha

Jun 30, 2026

Jun 29, 2026

Innovative Industrial Properties, Inc.(NYSE: IIPR) dropped from Russell 2000 Dynamic Index - marketscreener.com

Jun 29, 2026