INNOVATIVE INDUSTRIAL PROPER
IIPRNYSETrading Snapshot
- Day Range
- $57.12 – $58.60
- 52-Week Range
- $44.58 – $65.38
- Volume
- $3.22B
- Avg Volume
- $2.23B
- Shares Outstanding
- 29.0M
- Next Earnings
- Sep 12, 2026
Fundamentals Snapshot
- Annual Revenue
- $266M
- Last Q Revenue
- $63M
- P/E Ratio
- 12.8
- P/S Ratio
- 6.3x
- EPS (TTM)
- $4.84
- Dividend Yield
- 13.17%
Why Investors Own IIPR
- ✓High-growth profile — revenue up +27.6% YoY with expanding US Equity exposure.
- ✓Healthy economics — 73% gross margin and 23% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About INNOVATIVE INDUSTRIAL PROPER
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.
Otter Score Breakdown
ⓘAnalyst Ratings
ⓘLatest News & Updates
Return Of The Bad News Bulls
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Innovative Industrial Properties: I'm Still Bullish
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Innovative Industrial Properties: Great Risks, Rich Dividends - Short-Term Contrarian Play
Innovative Industrial Properties has used more expensive debt financing at interest rates of over 6.67% to raise cash in FQ2'26. Learn why IIPR stock is a buy.
Innovative Industrial Properties, Inc. (IIPR) Q2 2026 Earnings Call Transcript
Innovative Industrial Properties, Inc. (IIPR) Q2 2026 Earnings Call August 4, 2026 12:00 PM EDTCompany ParticipantsEli Kanter - Senior Associate of...
Innovative Industrial Properties: The Bull Case Is Tempting, But It's Not For Me
IIPR stock stays a Hold as AFFO falls, dividend coverage weakens, and tenant distress persists. Click here to read an analysis of the stock.