INNOVATIVE INDUSTRIAL PROPER
IIPRNYSEπ #2143 by market capEarnings Nov 2 Β· PostUS Equity
$53.48β² $0.60 (+1.13%)
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24hβ² 1.1%
7dβΌ 1.5%
14dβ² 1.9%
30dβ² 1.5%
ytdβ² 12.9%
1yβ² 6.7%
π¦Market Cap
$1.47B
Small Cap
πRevenue Growth (YoY)
-8.4%
Declining
πGross Margin
88.3%
High
π΅FCF Margin
70.5%
Strong
βοΈP/S Ratio
5.6x
Fair
Otter Score
68
Fair
Trading Snapshot
- Day Range
- $53.06 β $53.88
- 52-Week Range
- $44.58 β $65.38
- Volume (shares)
- 8,575
- Avg Volume (shares)
- β
- Shares Outstanding
- 27.6M
- Next Earnings
- 2026-11-02
Fundamentals Snapshot
- Annual Revenue
- $266M
- Last Q Revenue
- $63M
- P/E Ratio
- 10.6
- P/S Ratio
- 5.6x
- EPS (TTM)
- $4.78
- Dividend Yield
- 15.11%
- Dilution (1yr)
- β0.9%
INNOVATIVE INDUSTRIAL PROPER
IIPRFinancial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$266MβΌ β13.8% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
88.7%βΌ β2.3% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isnβt profitable yet.
$124MβΌ β26.3% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$175MβΌ β32.4% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing ownerβs slice.
28.3MβΌ β0.9% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
β$346MβΌ β$194M YoY
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.
π¦¦
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)πQualityβ
β
β
β
β
πGrowthβ
β
β
β
β
βοΈValuationβ
β
β
β
β
β‘Momentumβ
β
β
β
β
π§Dilutionβ
β
β
β
β
Overall Score
Fair
68/100
Analyst Ratings
βConsensus
Hold
11 analysts
Strong Buy0
Buy1
Hold6
Sell2
Strong Sell2
Ratings as of Oct 2026
Latest News & Updates
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