Logo image of IIPR

INNOVATIVE INDUSTRIAL PROPER (IIPR) Stock Price, Quote, News and Overview

NYSE:IIPR - New York Stock Exchange, Inc. - US45781V1017 - REIT - Currency: USD

66.34  -1.77 (-2.6%)

After market: 66.8 +0.46 (+0.69%)

IIPR Quote, Performance and Key Statistics

INNOVATIVE INDUSTRIAL PROPER

NYSE:IIPR (1/29/2025, 8:04:00 PM)

After market: 66.8 +0.46 (+0.69%)

66.34

-1.77 (-2.6%)

Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryIndustrial REITs
Statistics
52 Week High138.35
52 Week Low62.45
Market Cap1.88B
Shares28.33M
Float27.91M
Yearly Dividend7.27
Dividend Yield11.29%
PE12.02
Fwd PE11.55
Earnings (Next)N/A N/A
IPO11-29 2016-11-29


IIPR short term performance overview.The bars show the price performance of IIPR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -10 -20 -30 -40

IIPR long term performance overview.The bars show the price performance of IIPR in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60

The current stock price of IIPR is 66.34 USD. In the past month the price decreased by -2.6%. In the past year, price decreased by -29.69%.

INNOVATIVE INDUSTRIAL PROPER / IIPR Daily stock chart

IIPR Latest News, Press Releases and Analysis

News Image
14 hours ago - TheNewswire.com

IIPR DEADLINE: Investors of Innovative Industrial Properties, Inc. Are Encouraged to Contact Kaplan Fox Before the Lead Plaintiff Deadline on March 18, 2025

NEW YORK - January 29, 2025 (NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. (“Innovative Industrial Properties” or the “Company”) (NYSE: IIPR) on behalf of investors that purchased or otherwise acquired Industrial Properties securities between February 27, 2024 and December 19, 2024 (the “Class Period”).

News Image
14 hours ago - NewMediaWire

IIPR DEADLINE: Investors of Innovative Industrial Properties, Inc. Are Encouraged to Contact Kaplan Fox Before the Lead Plaintiff Deadline on March 18, 2025

Search for the latest press releases from publicly traded companies, private corporations, non-profits and other public sector organizations.

IIPR Competitors/Peers

The largest stocks on the US markets in the "Industrial REITs" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
PLD PROLOGIS INC 29.79 110.37B
LINE LINEAGE INC N/A 13.63B
REXR REXFORD INDUSTRIAL REALTY IN 32.86 8.99B
EGP EASTGROUP PROPERTIES INC 34.74 8.33B
FR FIRST INDUSTRIAL REALTY TR 22.67 6.99B
TRNO TERRENO REALTY CORP 35.92 6.49B
COLD AMERICOLD REALTY TRUST INC N/A 6.21B
STAG STAG INDUSTRIAL INC 35.27 6.17B
GRP.U GRANITE REAL ESTATE INVESTME 13.04 2.99B
LXP LXP INDUSTRIAL TRUST N/A 2.44B
PLYM PLYMOUTH INDUSTRIAL REIT INC 48.91 754.84M
ILPT INDUSTRIAL LOGISTICS PROPERT 7.63 262.58M

About IIPR

Company Profile

IIPR logo image Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The company is headquartered in Park City, Utah and currently employs 22 full-time employees. The company went IPO on 2016-11-29. The firm is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The firm is engaged in the business of providing real estate for the regulated cannabis industry. The firm acquires its properties through sale-leaseback transactions and third-party purchases. The firm owns approximately 108 properties comprising 9.0 million square feet (including 722,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP Operating Partnership, LP, Innovative Industrial Properties, LP, IIPR, Inc. and IIP-GP 2 LLC.

Company Info

INNOVATIVE INDUSTRIAL PROPER

1389 Center Drive, Suite 200

Park City UTAH 84098 US

CEO: Paul Smithers

Employees: 22

Company Website: https://innovativeindustrialproperties.com/

Investor Relations: https://investors.innovativeindustrialproperties.com/

Phone: 18589973332

IIPR FAQ

What is the stock price of IIPR?

The current stock price of IIPR is 66.34 USD.


What is the symbol for INNOVATIVE INDUSTRIAL PROPER stock?

The exchange symbol of INNOVATIVE INDUSTRIAL PROPER is IIPR and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is IIPR stock listed?

IIPR stock is listed on the New York Stock Exchange, Inc. exchange.


Is IIPR a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for IIPR, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of IIPR.


Does IIPR stock pay dividends?

IIPR has a dividend yield of 11.29%. The yearly dividend amount is currently 7.27.


What is the Price/Earnings (PE) ratio of IIPR?

The PE ratio for IIPR is 12.02. This is based on the reported non-GAAP earnings per share of 5.52 and the current share price of 66.34 USD.


What is the Short Interest ratio of IIPR stock?

The outstanding short interest for IIPR is 5.97% of its float.


IIPR Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

IIPR Fundamental Analysis

ChartMill assigns a fundamental rating of 7 / 10 to IIPR. Both the health and profitability get an excellent rating, making IIPR a very profitable company, without any liquidiy or solvency issues.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

IIPR Financial Highlights

Over the last trailing twelve months IIPR reported a non-GAAP Earnings per Share(EPS) of 5.52. The EPS decreased by -4.5% compared to the year before.


Industry RankSector Rank
PM (TTM) 51.34%
ROA 6.66%
ROE 8.2%
Debt/Equity 0.15
Chartmill High Growth Momentum
EPS Q2Q%-5.52%
Sales Q2Q%-1.67%
EPS 1Y (TTM)-4.5%
Revenue 1Y (TTM)3.36%

IIPR Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 52% to IIPR. The Buy consensus is the average rating of analysts ratings from 13 analysts.

For the next year, analysts expect an EPS growth of -1.54% and a revenue growth 0.1% for IIPR


Ownership
Inst Owners73.54%
Ins Owners1.48%
Short Float %5.97%
Short Ratio4.41
Analysts
Analysts52.31
Price Target118.73 (78.97%)
EPS Next Y-1.54%
Revenue Next Year0.1%