57.20
price up icon0.70%   0.40
after-market After Hours: 57.15 -0.05 -0.09%
loading
Innovative Industrial Properties Inc stock is traded at $57.20, with a volume of 313.29K. It is up +0.70% in the last 24 hours and down -5.24% 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.
See More
Previous Close:
$56.80
Open:
$56.4
24h Volume:
313.29K
Relative Volume:
0.83
Market Cap:
$1.58B
Revenue:
$263.23M
Net Income/Loss:
$116.76M
P/E Ratio:
14.60
EPS:
3.918
Net Cash Flow:
$182.64M
1W Performance:
+1.58%
1M Performance:
-5.24%
6M Performance:
+0.95%
1Y Performance:
+0.97%
1-Day Range:
Value
$56.28
$57.50
1-Week Range:
Value
$55.85
$57.72
52-Week Range:
Value
$44.58
$65.38

Innovative Industrial Properties Inc Stock (IIPR) Company Profile

Name
Name
Innovative Industrial Properties Inc
Name
Phone
(858) 997-3332
Name
Address
1389 CENTER DRIVE, PARK CITY, CA
Name
Employee
23
Name
Twitter
Name
Next Earnings Date
2026-08-03
Name
Latest SEC Filings
Name
IIPR's Discussions on Twitter

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

Stocks Price Market Cap Revenue Net Income Cash Flow EPS
IIPR icon
IIPR
Innovative Industrial Properties Inc
57.20 1.56B 263.23M 116.76M 182.64M 3.918
PLD icon
PLD
Prologis Inc
137.34 133.69B 9.19B 4.47B 4.25B 4.491
PSA icon
PSA
Public Storage
302.01 60.27B 4.86B 1.92B 2.88B 9.6884
EXR icon
EXR
Extra Space Storage Inc
139.25 31.11B 3.41B 988.29M 1.70B 4.396
EGP icon
EGP
Eastgroup Properties Inc
198.62 10.82B 737.14M 292.65M 417.71M 5.4968
CUBE icon
CUBE
Cubesmart
39.50 9.27B 1.13B 325.32M 567.98M 1.4302

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

pulisher
02:30 AM

Innovative Industrial Properties (NYSE:IIPR): What’s the Next Market Test? - Kalkine Media

02:30 AM
pulisher
04:51 AM

Public Employees Retirement System of Ohio Makes New $2.02 Million Investment in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

04:51 AM
pulisher
Sep 06, 2026

Compass Financial Management LLC Takes $4.47 Million Position in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Sep 06, 2026
pulisher
Sep 05, 2026

Innovative Industrial Properties stock holds steady as cannabis REIT focuses on rental income - AD HOC NEWS

Sep 05, 2026
pulisher
Sep 05, 2026

Corient Private Wealth LP Invests $1.36 Million in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Sep 05, 2026
pulisher
Sep 04, 2026

Innovative Industrial Properties: Compelling 13% Dividend Yield Backed By Regulatory Catalysts - Seeking Alpha

Sep 04, 2026
pulisher
Sep 04, 2026

The Manufacturers Life Insurance Company Makes New Investment in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Sep 04, 2026
pulisher
Sep 03, 2026

What Weighed on Innovative Industrial Properties (NYSE:IIPR) Shares? - Kalkine Media

Sep 03, 2026
pulisher
Sep 02, 2026

Why Is Innovative Industrial Properties (IIPR) Down 6.9% Since Last Earnings Report? - Yahoo Finance

Sep 02, 2026
pulisher
Sep 02, 2026

Bank of New York Mellon Corp Makes New Investment in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Sep 02, 2026
pulisher
Sep 01, 2026

Innovative Industrial Properties (NYSE:IIPR) Director Buys $29,937.60 in Stock - MarketBeat

Sep 01, 2026
pulisher
Sep 01, 2026

Director at Innovative Industrial (NYSE: IIPR) buys 528 shares at $56.70 - Stock Titan

Sep 01, 2026
pulisher
Sep 01, 2026

Innovative Industrial Properties Expands 9.00% Series A Preferred Stock Offering with Huntington as New Sales Agent - Kalkine Media

Sep 01, 2026
pulisher
Sep 01, 2026

Innovative Industrial Properties adds Huntington to $500M ATM program after Jefferies exit - TradingView

Sep 01, 2026
pulisher
Sep 01, 2026

Innovative Industrial keeps $500M stock capacity - Stock Titan

Sep 01, 2026
pulisher
Sep 01, 2026

Legal & General Group Plc Takes $10.44 Million Position in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Sep 01, 2026
pulisher
Aug 30, 2026

Hsbc Holdings PLC Invests $3.46 Million in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Aug 30, 2026
pulisher
Aug 29, 2026

Innovative Industrial Properties (IIPR) Stock May Be A Bargain On Tenant Risk - Sahm

Aug 29, 2026
pulisher
Aug 28, 2026

Deutsche Bank AG Makes New Investment in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Aug 28, 2026
pulisher
Aug 27, 2026

Are Finance Stocks Lagging Abacus Global Management, Inc. (ABX) This Year? - Yahoo Finance

Aug 27, 2026
pulisher
Aug 23, 2026

Compass Financial Management LLC Acquires New Stake in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Aug 23, 2026
pulisher
Aug 22, 2026

Mitsubishi UFJ Asset Management Co. Ltd. Takes $1.54 Million Position in Innovative Industrial Properties, Inc. $IIPR - MarketBeat

Aug 22, 2026
pulisher
Aug 21, 2026

Should Upgraded Earnings Estimates and Oversold Trading in IIPR Require Action From Innovative Industrial Properties Investors? - Sahm

Aug 21, 2026
pulisher
Aug 19, 2026

Down 12.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Innovative Industrial Properties (IIPR) - Yahoo Finance

Aug 19, 2026
pulisher
Aug 18, 2026

Q2 2026 Innovative Industrial Properties Inc Earnings Call Transcript - GuruFocus

Aug 18, 2026
pulisher
Aug 18, 2026

Innovative Industrial Properties (NYSE:IIPR) Stock Price Passes Below Fifty Day Moving AverageHere's What Happened - MarketBeat

Aug 18, 2026
pulisher
Aug 15, 2026

Innovative Industrial Properties (NYSE:IIPR) stock in focus after quarterly dividend declared - Kalkine Media

Aug 15, 2026
pulisher
Aug 15, 2026

Innovative Industrial Properties Inc | 8-K: Innovative Industrial Properties Reports First Quarter 2026 Results - Moomoo

Aug 15, 2026
pulisher
Aug 14, 2026

Innovative Industrial (NYSE:IIPR) Rides Sector Momentum Into The Spotlight - Kalkine Media

Aug 14, 2026
pulisher
Aug 12, 2026

Innovative Industrial Propertie (IIPR) Stock Forecasts - Yahoo Finance

Aug 12, 2026
pulisher
Aug 11, 2026

Behavioral Patterns of IIPR and Institutional Flows - news.stocktradersdaily.com

Aug 11, 2026
pulisher
Aug 10, 2026

Innovative Industrial Properties Inc (1IK.MU) Analyst Insights, Price Targets & Recommendations - Yahoo! Finance Canada

Aug 10, 2026
pulisher
Aug 10, 2026

IIPR Falls 2.97% to $57.4: Innovative Industrial Properties Approaches Key Support Amid Sector HeadwindsNHNL Divergence - vinanet.vn

Aug 10, 2026
pulisher
Aug 08, 2026

1 REIT To Sell And 1 Better REIT To Buy - Seeking Alpha

Aug 08, 2026
pulisher
Aug 07, 2026

Innovative Industrial Properties Inc (1IK.MU) Analyst insights, Price targets and RecommendationsYahoo Finance - Yahoo Finance Singapore

Aug 07, 2026
pulisher
Aug 06, 2026

Is Innovative Industrial Properties (IIPR) Undervalued After Higher Net Income And Its 5% Buyback? - Yahoo Finance

Aug 06, 2026
pulisher
Aug 06, 2026

Analysts Conflicted on These Real Estate Names: eXp World Holdings (AGNT), Innovative Industrial Properties (IIPR) and Douglas Emmett (DEI) - The Globe and Mail

Aug 06, 2026
pulisher
Aug 05, 2026

Innovative Industrial Properties Q2 Earnings Call Highlights - MarketBeat

Aug 05, 2026
pulisher
Aug 05, 2026

Innovative Industrial Properties remains a stro... - Pluang

Aug 05, 2026
pulisher
Aug 05, 2026

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

Aug 05, 2026
pulisher
Aug 05, 2026

Innovative Industrial Properties: I'm Still Bullish (NYSE:IIPR) - Seeking Alpha

Aug 05, 2026
pulisher
Aug 05, 2026

Innovative Industrial Properties: Great Risks, Rich DividendsShort-Term Contrarian Play - Seeking Alpha

Aug 05, 2026
pulisher
Aug 05, 2026

Innovative Industrial Properties, Inc. $IIPR Shares Sold by Edgestream Partners L.P. - MarketBeat

Aug 05, 2026
pulisher
Aug 04, 2026

Innovative Industrial Properties Inc (IIPR) (Q2 2026) Earnings C - GuruFocus

Aug 04, 2026
pulisher
Aug 04, 2026

Innovative Industrial Properties : Quarterly Report for Quarter Ending JUNE 30, 2026 (Form 10-Q) - marketscreener.com

Aug 04, 2026
pulisher
Aug 04, 2026

Innovative Industrial Posts Solid Q2 Results, Strengthens Balance Sheet - The Globe and Mail

Aug 04, 2026
pulisher
Aug 04, 2026

Earnings call transcript: Innovative Industrial Properties posts mixed Q2 2026 results - Investing.com Nigeria

Aug 04, 2026
pulisher
Aug 04, 2026

Innovative Industrial Properties: The Bull Case Is Tempting, But It's Not For Me - Seeking Alpha

Aug 04, 2026
pulisher
Aug 04, 2026

Piper Sandler Maintains Innovative Industrial Properties Inc(IIPR.US) With Sell Rating, Maintains Target Price $51 - Moomoo

Aug 04, 2026
pulisher
Aug 03, 2026

Innovative Industrial Properties (NYSE:IIPR) Releases Earnings Results, Beats Estimates By $0.34 EPS - MarketBeat

Aug 03, 2026
pulisher
Aug 03, 2026

Innovative Industrial Properties Q2 Adjusted FFO, Revenue Rise - marketscreener.com

Aug 03, 2026

Innovative Industrial Properties Inc Stock (IIPR) Financials Data

Revenue

loading

Net Income

loading

Cash Flow

loading

EPS

loading

Innovative Industrial Properties Inc Stock (IIPR) Insider Trading

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total
Smithers Paul E.
PRESIDENT, CEO AND DIRECTOR
Jan 02 '26
Option Exercise
0.00
10,653
0
108,103
Smith David Jon
CFO AND TREASURER
Jan 01 '26
Option Exercise
0.00
4,555
0
5,155
Gold Alan D
EXECUTIVE CHAIRMAN
Nov 24 '25
Buy
49.09
2,600
127,634
2,600
Gold Alan D
EXECUTIVE CHAIRMAN
Nov 19 '25
Buy
46.26
1,000
46,260
57,500
Gold Alan D
EXECUTIVE CHAIRMAN
Nov 20 '25
Buy
45.70
1,000
45,695
58,500
Smith David Jon
CFO AND TREASURER
Nov 20 '25
Buy
45.90
600
27,540
600
$65.65
price down icon 0.23%
$37.68
price down icon 0.05%
FR FR
$61.85
price up icon 0.23%
$36.79
price down icon 0.59%
$38.17
price down icon 0.42%
$39.50
price down icon 0.63%
Cap:     |  Volume (24h):