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IIPR Innovative Industrial Properties, Inc.

USReal Estate
$64.44+2.24%ClosedMarket Cap: $1.87B

As of 2026-07-10 16:00

Why IIPR matters now

Innovative Industrial Properties, Inc. (IIPR) is a US stock in Real Estate. The latest InvestLog snapshot shows $64.44 with +2.24% on the session and $1.87B in market capitalization; recent performance reads 1-month +9.46% and YTD +25.84%.

The latest financial table shown here is Q1 2026, with revenue of $69.0M, net income of $32.8M, and EPS of $1.02. Investors can compare that operating picture with valuation signals such as P/E 12.14 and FCF yield 11.5%.

The latest indexable market news headline is "Innovative Industrial Properties: Capital Structure Risk Solved, 9% Preferred Yield Remains" from Seeking Alpha.

Additional event context on this page matters because analyst consensus is Hold with a median target of $60.00; recent insider activity includes Ives Bruce Alan filing . These signals are research inputs, not a recommendation.

Valuation

P/E (TTM)

12.14

PEG

P/B

0.88

P/S

6.52

EV/EBITDA

9.21

DCF Value

$55.96

FCF Yield

11.5%

Div Yield

12.8%

Margins & Returns

Gross Margin

60.3%

Operating Margin

46.7%

Net Margin

45.6%

ROE

6.4%

ROA

5.0%

ROIC

129.1%

Financials

PeriodRevenueNet IncomeEPS
Q1 2026$69.0M$32.8M$1.02
Q4 2025$66.7M$31.8M$1.07
FY 2025$266.0M$114.4M$3.93
Q3 2025$64.7M$29.3M$0.97

Analyst Ratings

Consensus

Hold

Target (Consensus)

$84.67

Target (Median)

$60.00

Target Range

$44.00 - $150.00

Strong Buy: 0Buy: 1Hold: 4Sell: 0Strong Sell: 1
Compass PointNeutral
2026-03-03
Piper SandlerUnderweight
2026-02-25
Piper SandlerUnderweight
2025-11-05
Wolfe ResearchPeer Perform
2025-07-02

Trading Activity

Insider Trades

Ives Bruce Alan
Sell2026-06-11
Ives Bruce Alandirector
Sell2026-06-11
Boyle David Gerarddirector
Sell2026-06-10
Shoemaker Scottdirector
Sell2026-06-10
Shoemaker Scottdirector
Sell2026-02-03

Company Info

Sector

Real Estate

Industry

REIT - Industrial

Country

US

Exchange

Beta

1.45

Innovative Industrial Properties, Inc. is an independently managed, Maryland-based corporation primarily focused on acquiring, owning, and overseeing unique real estate assets. These properties are subsequently leased to experienced, state-licensed operators who utilize them for their regulated medical cannabis facilities. For tax purposes, the company adopted the structure of a Real Estate Investment Trust (REIT) starting from the end of 2017.