61.86

2.37% -1.50

After Hours: 61.86

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 $61.86, with a volume of 231.66K. It is down -2.37% in the last 24 hours and up +5.64% 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:

$63.36

Open:

$63.3

24h Volume:

231.66K

Relative Volume:

0.61

Market Cap:

$1.79B

Revenue:

$263.23M

Net Income/Loss:

$116.76M

P/E Ratio:

15.79

EPS:

3.918

Net Cash Flow:

$182.64M

1W Performance:

-2.21%

1M Performance:

+5.64%

6M Performance:

+27.23%

1Y Performance:

+8.68%

1-Day Range:

$61.78

$63.70

1-Week Range:

$60.15

$63.70

52-Week Range:

$44.58

$63.70

Innovative Industrial Properties Inc Stock (IIPR) Company Profile

Name

Innovative Industrial Properties Inc

Sector

Real Estate (256)

Industry

REIT - Industrial (17)

Phone

(858) 997-3332

Address

1389 CENTER DRIVE, PARK CITY, CA

Employee

Twitter

Next Earnings Date

2026-08-05

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	61.86	1.80B	263.23M	116.76M	182.64M	3.918
PLD Prologis Inc	140.20	126.30B	8.95B	3.97B	4.25B	3.9703
PSA Public Storage	324.00	55.89B	4.86B	1.92B	2.88B	9.6884
EXR Extra Space Storage Inc	146.14	30.70B	3.41B	988.29M	1.70B	4.396
EGP Eastgroup Properties Inc	212.24	10.89B	737.14M	292.65M	417.71M	5.4968
LINE Lineage Inc	43.49	9.85B	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

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

ETFs Investing in Innovative Industrial Properties Inc 9 % Cum Conv Red Pfd Registered Shs Series A Stocks - TradingView

Jun 29, 2026

Jun 27, 2026

The 420 Property portfolio from Innovative Industrial Propcannabis greenhouses as the real produc - Ad-hoc-news.de

Jun 27, 2026

IIPR Technical Analysis & Stock Price Forecast - Intellectia AI

Jun 27, 2026

Jun 26, 2026

Does Innovative Industrial Properties' (IIPR) Steady Dividend Signal Durable Income Strategy or Limited Reinvestment? - simplywall.st

Jun 26, 2026

Trading Systems Reacting to (IIPR) Volatility - Stock Traders Daily

Jun 26, 2026

Innovative Industrial Properties stock hits 52-week high at 62.31 USD By Investing.com - Investing.com Australia

Jun 26, 2026

Price to book forward of Innovative Industrial Properties Inc – MUN:1IK - TradingView

Jun 26, 2026

Enterprise value to EBITDA forward of Innovative Industrial Properties Inc – MUN:1IK - TradingView

Jun 26, 2026

Innovative Industrial Properties stock hits 52-week high at 62.31 USD - Investing.com Nigeria

Jun 26, 2026

Innovative Industrial Properties (IIPR) Increases Despite Market Slip: Here's What You Need to Know - Yahoo Finance

Jun 26, 2026

Innovative Industrial Properties Inc Actuals & Estimates (NYSE:IIPR) - TradingView

Jun 26, 2026

Price to earnings forward of Innovative Industrial Properties, Inc. – NYSE:IIPR - TradingView

Jun 26, 2026

Jun 25, 2026

Greenhouse portfolio from Innovative Industrial Properties Inc.long leases anchor cash flow - AD HOC NEWS

Jun 25, 2026

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

Jun 25, 2026

Price to earnings forward of Innovative Industrial Properties Inc – MUN:1IK - TradingView

Jun 25, 2026

Innovative Industrial Properties Inc Actuals & Estimates (GETTEX:1IK) - TradingView

Jun 25, 2026

IIPR Forecast — Price Target — Prediction for 2027 - TradingView

Jun 25, 2026

1IK Forecast — Price Target — Prediction for 2027 - TradingView

Jun 25, 2026

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock - TradingView

Jun 25, 2026

What’s Driving (NYSE:IIPR) After Dividend and Leasing Updates? - Kalkine Media

Jun 25, 2026

Jun 23, 2026

The Greenhouse Cannabis Facility from Innovative Industrial Properties Inc.long-term lease and st - Ad-hoc-news.de

Jun 23, 2026

Form 4 Innovative Industrial Properties For: 23 June By Investing.com - Investing.com Australia

Jun 23, 2026

Innovative Industrial Properties Inc | 4: Statement of changes in beneficial ownership of securities-Officer Gold Alan D - Moomoo

Jun 23, 2026

Innovative Industrial Properties Inc | 4: Statement of changes in beneficial ownership of securities-Officer Smith David Jonmoomoo - Moomoo

Jun 23, 2026

Innovative Industrial Properties Inc | 4: Statement of changes in beneficial ownership of securities-Officer Smithers Paul E.moomoo - Moomoo

Jun 23, 2026

IIPR (IIPR) CEO Paul Smithers receives 22,299-share equity award - Stock Titan

Jun 23, 2026

Jun 20, 2026

Innovative Industrial Properties (IIPR) Stock Could Be Deeply Undervalued After $350 Million Notes Deal - Sahm

Jun 20, 2026

Jun 19, 2026

How Investors May Respond To Innovative Industrial Properties (IIPR) Dividend Hike And Upsized Exchangeable Notes Offering - simplywall.st

Jun 19, 2026

Jun 18, 2026

Innovative Industrial Properties (IIPR) Exceeds Market Returns: Some Facts to Consider - Yahoo Finance

Jun 18, 2026

Jun 17, 2026