Real Estate / REIT - IndustrialUpdated 2026-05-10 22:07 UTC

IIPR stock hub

Innovative Industrial Properties, Inc. has a live ticker hub with the latest available market, valuation, profitability, growth, ownership, and risk indicators.

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Fair value midpoint

n/a

Fair value pending

Upside to midpoint

n/a

Based on latest report

Confidence

n/a

Data quality and model convergence

Market cap

1.6B

NYSE

Market data

Live price

Current market quote for this ticker.

Current price

IIPR

In the news

Latest news · IIPR

Recent company headlines from major financial publishers.

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Fetching the latest headlines.

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Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector context

Where the current metrics sit

Percentiles come from the backend screener cohort cache for the ticker's country and sector.

Forward P/E13

P25 11.5P50 28.2P75 47.4

Trailing P/E14.6

P25 15P50 26.1P75 39.7

ROE6.3

P25 -2.3P50 4.2P75 9.3

ROIC3.5

P25 0.6P50 2.5P75 4.5

Benchmarks - 1M

S&P 500n/a

Nasdaq Compositen/a

Dow Jones Industrial Averagen/a

Russell 2000n/a

Indicator catalog

All IIPR market and fundamental indicators

A searchable catalog of the available market, valuation, profitability, growth, balance-sheet, ownership, and analyst metrics for this ticker.

Available fields

231

Groups with data

Currency

USD

Showing 231 of 231 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0001677576
Company name	Innovative Industrial Properties, Inc.
Country	United States
Country code	US
Cusip	45781V101
Employees	23
Employees Change	1%
Employees Change Percent	4.55
Enterprise value	$1.9B
Exchange	NYSE
Financial currency	USD
First seen	2026-05-09
Industry	REIT - Industrial
IPO Date	2016-12-01
Isin	US45781V1017
Last refreshed	2026-05-10
Market cap	$1.6B
Market cap category	Small-Cap
Price	$57.29
Price currency	USD
Rev Per Employee	11,444,739.13x
Sector	Real Estate
Sic	6500
Symbol	IIPR
Website	https://www.innovativeindustrialproperties.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	6.74%
EV Earnings	17.33x
EV Sales Forward	9.33x
EV/EBIT	15.23x
EV/EBITDA	9.59x
EV/Sales	7.31x
Forward P/E	13x
P/B ratio	0.91x
P/E ratio	14.58x
P/S ratio	6.26x
PE Ratio10 Y	48.1x
PE Ratio3 Y	14.63x
PE Ratio5 Y	22.5x
PS Forward	7.99x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	48.04%
EBITDA Margin	76.25%
Gross margin	88.46%
Gross Profit	$232.9M
Net Income	$111.1M
Net Income Growth	-21.74%
Net Income Growth Q	5.57%
Net Income Growth Years	0%
Net Income Growth3 Y	-11.1%
Net Income Growth5 Y	7.35%
Pretax Margin	45.58%
Profit Margin	45.58%
Profit Per Employee	$4.8M
Profitable Years	8
ROA	3.33
Roa5y	4.33
ROCE	6.23
ROE	6.29
Roe5y	7.79
ROIC	3.53

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr1y	24.24%
Cagr3y	4.38%
Cagr5y	-13.87%
Div CAGR3	2.06%
Div CAGR5	9.67%
EPS Growth	-24.28
EPS Growth Q	-0.04
EPS Growth Years	0
EPS Growth3 Y	-11.29
EPS Growth5 Y	1.71
OCF Growth	-17.06%
OCF Growth Q	3.3%
OCF Growth3 Y	-5.75%
OCF Growth5 Y	8.36%
Revenue Growth	-13.64x
Revenue Growth Q	-3.8x
Revenue Growth Years	0x
Revenue Growth3 Y	-2.94x
Revenue Growth5 Y	13.68x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.11
Assets	$2.4B
Cash	$89.1M
Debt	$366M
Debt EBITDA	$1.82
Debt Equity	$0.19
Equity	$1.9B
Interest Coverage	5.71
Liabilities	$499.4M
Net Cash	$-276.9M
Net Cash By Market Cap	$-16.8
Net Debt EBITDA	$1.38
Net Debt Equity	$0.15
Tangible Book Value	$1.8B
Tangible Book Value Per Share	$62.88
WACC	10.86

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	0.35
Net Working Capital	$-32.2M
Quick ratio	0.25
Working Capital	$-234.1M

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	0.75%
Dividend Growth	0%
Dividend Growth Years	9%
Dividend per share	$7.6
Dividend Years	10
Dividend Yield	13.27%
Ex Div Date	2026-03-31
Last Dividend	$1.9
Payout Frequency	Quarterly
Payout Ratio	193.41%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
1Y total return	24.22%
200-day SMA	52.14
3Y total return	13.72%
50-day SMA	53.13
50-day SMA vs 200-day SMA	50over200
5Y total return	-52.6%
All Time High	288
All Time High Change	-80.11%
All Time High Date	2021-11-16
All Time Low	14.5
All Time Low Change	295.1%
All Time Low Date	2016-12-05
ATR	2.39
Beta	1.45
Beta1y	0.44
Beta2y	0.69
Ch YTD	20.97
High	58.85
High52	61.4
High52 Date	2026-05-05
High52ch	-6.69%
Low	56.78
Low52	44.58
Low52 Date	2025-11-20
Low52ch	28.51%
Ma50ch	7.83%
Premarket Change Percent	0.99
Premarket Price	$57.15
Premarket Volume	3,600
Price vs 200-day SMA	9.87%
RSI	57.84
RSI Monthly	41.98
RSI Weekly	58.84
Sharpe ratio	0.63x
Sortino ratio	1.19
Total Return	14.02%
Tr YTD	25.67
Tr1m	14.65%
Tr1w	5.14%
Tr3m	22.34%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	3
Analyst Ratings	Hold
Earnings EPS Estimate	$1.77
Earnings EPS Estimate Growth	-8.76
Earnings Revenue Estimate	66,380,720x
Earnings Revenue Estimate Growth	-7.45x
Operating Income	$126.4M
Operating margin	48.04
Price target	$45
Price Target Change	$-21.45

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	28,228,844%
Float Percent	98.1%
Shares Insiders	1.9%
Shares Institutions	68.34%
Shares Out	28,774,470
Shares Qo Q	0.58%
Shares Yo Y	-0.75%
Short Float	11.55%
Short Ratio	11.17
Short Shares	11.33

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Average Volume	391,517.6x
Bv Per Share	63.09
Ch1m	14.65
Ch1w	5.14
Ch1y	7.35
Ch3m	17.76
Ch3y	-17.4
Ch5y	-68.99
Ch6m	11.33
Change	1.24%
Change From Open	-0.47
Close	56.59
Days Gap	1.71
Depreciation Amortization	74,261,000
Dollar Volume	16,263,599.8
Earnings Date	2026-05-04
Earnings Time	amc
EBIT	$126.4M
EBITDA	$200.7M
EPS	$3.93
F Score	4
Ffo	188,459,000
Financing CF	-81,385,000
Fiscal Year End	December
Founded	2,016
Graham Number	74.68731
Graham Upside	30.37
Investing CF	-157,486,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-05-04
Last Report Date	2026-03-31
Last Split Type	Never
Last10k Filing Date	2026-02-24
Lynch Fair Value	$28.88
Lynch Upside	-49.59
Ma150	51.45
Ma150ch	11.36%
Ma20	54.4
Ma20ch	5.31%
Net CF	-38,893,000
Next Earnings Date	2026-08-05
Open	57.56
Optionable	Yes
P FFO	8.44
P OCF Ratio	8.24
Payment Date	2026-04-15
Position In Range	24.64
Post Close	57.29
Postmarket Change Percent	0.8
Postmarket Price	$57.75
Ppne	2,093,761,000
Pre Close	56.59
Price Date	2026-05-08
Price EBITDA	$8.21
Ptbv Ratio	0.93
Relative Volume	0.73x
Revenue	263,229,000x
SBC By Revenue	4.04x
Share Based Comp	10,638,000
Tr6m	20.24%
Us State	California
Volume	283,882

Fast facts

Decision checkpoints

A compact product layer over the same report payload.

Risk gate

n/a

Named kill scenarios are reviewed before any bullish rating can stand.

Moat score

n/a

Business quality stays separate from stock attractiveness.

Forward P/E

n/a

Valuation uses the full report model stack, not a single multiple.

Next action

Research pending

Final action steps are kept in the recommendation tab.

Income

IIPR dividend yield, growth & safety

Yield, payout sustainability, and the multi-year growth streak.

Dividend yield

+13.3%

$7.60 annual per share

Payout ratio

+193.4%

Share of earnings returned as dividends. Below 60% is generally sustainable.

5Y dividend CAGR

+9.7%

9 consecutive years of growth

Total shareholder yield

+14.0%

Next ex-dividend date: 2026-03-31

Performance

IIPR stock returns vs the market

Total return (incl. dividends) compared to S&P 500.

Ownership

Who owns IIPR?

Insider, institutional, and short-interest positioning.

Institutional ownership

+68.3%

Float: +98.1% of shares outstanding

Insider ownership

+1.9%

Stake held by company insiders. Higher generally signals alignment.

Negative means the company is buying back shares.

Technical

IIPR momentum and risk profile

RSI, moving-average stack, beta, and risk-adjusted return.

RSI (14)

57.8

Neutral momentum band

Price vs 200-day MA

+9.9%

50/200-day relationship not available

Beta (5Y)

1.45

More volatile than the market

Sharpe ratio

0.63

Risk-adjusted return — higher is better; >1.0 is solid.

Peers

IIPR vs. sector cohort

Currency-neutral comparison: P/E, P/S, ROIC, 5Y revenue CAGR, and 1Y total return. Market-cap column appears only when every peer reports in the same currency.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
EQIX	Equinix Inc.	105.7B	74.1x	11.1x	5.2%	+10.5%	+25.7%	Ridurre
PLD	Prologis Inc.	137.2B	36.3x	14.6x	3.9%	+13.9%	+41.9%	Vendere
WELL	Welltower Inc.	151.5B	104.9x	12.9x	1.1%	+21.8%	+44.2%	Vendere

Questions

About IIPR

Hub-level FAQ points readers to the deeper analysis pages.

What is the current IIPR stock rating?

Innovative Industrial Properties, Inc. is currently shown with the latest rating in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full IIPR analysis?

The full report lives at /stocks/IIPR/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.

What fair-value range is used for IIPR?

The latest report frames IIPR around the latest fair-value range. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.

How often is the IIPR page updated?

The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.