Innovative Industrial Properties, Inc. (IIPR)
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- symbol IIPR
- Rev/Share 10.7791
- Book/Share 67.9797
- PB 0.8329
- Debt/Equity 0.0
- CurrentRatio 0.0
- ROIC 1.1992
- MktCap 1585994144.0
- FreeCF/Share 9.1153
- PFCF 6.1535
- PE 10.4961
- Debt/Assets 0.0
- DivYield 0.1342
- ROE 0.0787
- Rating
- Score
- Recommendation
- P/E Score
- DCF Score
- P/B Score
- D/E Score
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Resumed | IIPR | Wolfe Research | -- | Outperform | -- | $57 | April 23, 2025 |
| Downgrade | IIPR | Compass Point | Neutral | Sell | $61 | $50 | March 31, 2025 |
| Downgrade | IIPR | BTIG Research | Buy | Neutral | -- | -- | Dec. 23, 2024 |
| Downgrade | IIPR | Compass Point | Buy | Neutral | $125 | $78 | Dec. 20, 2024 |
| Downgrade | IIPR | Piper Sandler | Neutral | Underweight | $118 | $70 | Dec. 20, 2024 |
| Initiation | IIPR | Alliance Global Partners | -- | Buy | -- | $130 | Dec. 17, 2024 |
News
2025's Best Cannabis REITs for Building Wealth Over Time
Published: May 22, 2025 by: MarijuanaStocks
Sentiment: Positive
The U.S. cannabis industry continues to expand rapidly, creating strong momentum for related investments. In 2025, the market is expected to surpass $44 billion in value. Over the next five years, projections suggest it could reach more than $76 billion. This steady growth is driven by rising consumer demand and ongoing legalization across many states. Currently, nearly half of U.S. adults have tried cannabis at least once. Meanwhile, almost 80% of Americans live near a licensed dispensary. The industry also supports hundreds of thousands of jobs and contributes billions to the economy each year. Because of this, investors are watching …
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Innovative Industrial Properties: 13% Dividend Yield And Near-Fortress Balance Sheet
Published: May 21, 2025 by: Seeking Alpha
Sentiment: Positive
IIPR's dividend yield has soared to 13.33%, reflecting market fears of a cut amid tenant defaults and declining dividend coverage. Despite a 60% share price drop and sector headwinds, I am adding to my position on the back of IIPR's fortress balance sheet and industry recovery potential. Fiscal 2025 first quarter revenue and FFO both beat consensus, but FFO now covers only 96.8% of the dividend.
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When Your REIT Will Cut Its Dividend
Published: May 19, 2025 by: Seeking Alpha
Sentiment: Negative
When Your REIT Will Cut Its Dividend
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3 Marijuana Stocks For Cannabis Real Estate Investors
Published: May 16, 2025 by: MarijuanaStocks
Sentiment: Positive
Is it safe to invest in marijuana stocks with the entire sector trading at all-time lows? If the legal market is profitable and companies are performing well, why are the top marijuana stocks not trading? These are just some of the questions that plague investors and shareholders. The answer is not so simple, which can make things a bit more complex to understand. Although legal cannabis as a business is thriving and growing in all areas, this has not translated to the public sector so well.
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Innovative Industrial Properties (IIPR) Lags Q1 FFO Estimates
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Positive
Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $1.94 per share, missing the Zacks Consensus Estimate of $1.99 per share. This compares to FFO of $2.21 per share a year ago.
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IIPR's Q1 Earnings Coming Up: Key Factors to Impact the Stock
Published: May 05, 2025 by: Zacks Investment Research
Sentiment: Neutral
IIPR's Q1 2025 results may be impacted by property repossessions/sales, rent deferrals and partial tenant payments.
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Innovative Industrial Properties' 14% Yield Comes With Great Cash Flow Risks (Rating Downgrade)
Published: May 02, 2025 by: Seeking Alpha
Sentiment: Neutral
Innovative Industrial Properties has lost a great deal of its value from 52-week heights, attributed to the numerous tenant default issues and the illicit headwinds observed in the cannabis market. This is worsened by the reduced likelihood of a cannabis federal legalization during the new US administration period, with liquidity likely to remain a great risk. These developments point to IIPR's potentially impacted top/bottom-line performance and further tenant issues as the cannabis market deteriorates, with a dividend cut more likely than not.
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Is the Options Market Predicting a Spike in Innovative Industrial Properties Stock?
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive
Investors need to pay close attention to Innovative Industrial Properties stock based on the movements in the options market lately.
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Innovative Industrial Properties Announces First Quarter 2025 Earnings Release Date and Conference Call
Published: April 21, 2025 by: Business Wire
Sentiment: Neutral
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its first quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, May 7, 2025. Alan Gold, Executive Chairman, Paul Smithers, President and Chief Executive Officer, David Smith, Chief Financial Officer, Catherine Hastings, Chief Operating Officer, and Ben Regin, Chief Investment Officer, will host an investor conference call at 9:00 a.m. Pacifi.
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Why Shares of Innovative Industrial Properties Sank This Week
Published: April 04, 2025 by: The Motley Fool
Sentiment: Neutral
The one event that strikes true fear into the heart of real estate investment trust (REIT) investors is the tenant default.
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3 Marijuana Stocks That Could Be Top Market Performers
Published: April 02, 2025 by: MarijuanaStocks
Sentiment: Neutral
The cannabis sector has, in a cliche way, grown from the ground up. With many hurdles, the legal market worldwide has come a long way. Yet there has been more invested interest is towards in the future of this space. From preserving what once was and integrating up-to-date and more current methods at every step of the process.
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IIPR ALERT: Bragar Eagel & Squire, P.C. is Investigating Innovative Industrial Properties, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Published: March 24, 2025 by: GlobeNewsWire
Sentiment: Neutral
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Innovative Industrial Properties, Inc. (NYSE:IIPR) on behalf of long-term stockholders following a class action complaint that was filed against IIPR on January 17, 2025 with a Class Period from February 27, 2024 to December 19, 2024.
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Better Beaten-Down Dividend Stock to Buy: Innovative Industrial Properties or Medical Properties Trust?
Published: March 20, 2025 by: The Motley Fool
Sentiment: Positive
Real estate investment trusts (REIT) are a favorite target of income-seeking investors, since the law requires them to distribute most of their earnings as dividends to maintain their tax-advantaged status. However, even REITs face issues that put their dividend programs in danger, sometimes leading to decreased payouts.
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IIPR Lawsuit Lead Plaintiff Deadline Is March 18th- Contact the DJS Law Group to Discuss Your Rights
Published: March 18, 2025 by: PRNewsWire
Sentiment: Neutral
LOS ANGELES , March 18, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Innovative Industrial Properties, Inc. ("Innovative" or "the Company") (NYSE: IIPR) for violations of the federal securities laws. Shareholders who purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 18, 2025.
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Innovative Industrial Properties, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - IIPR
Published: March 18, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 18, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136849&wire=1 or contact Joseph E. Levi, Esq.
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IIPR DEADLINE TODAY: ROSEN, LEADING INVESTOR COUNSEL, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - IIPR
Published: March 18, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK CITY, NY / ACCESS Newswire / March 18, 2025 / WHY: New York, N.Y., March 18, 2025.
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Levi & Korsinsky Notifies Shareholders of Innovative Industrial Properties, Inc.(IIPR) of a Class Action Lawsuit and an Upcoming Deadline
Published: March 17, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 17, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136688&wire=1 or contact Joseph E. Levi, Esq.
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Class Action Filed Against Innovative Industrial Properties, Inc. (IIPR) Seeking Recovery for Investors – Contact The Gross Law Firm
Published: March 17, 2025 by: GlobeNewsWire
Sentiment: Neutral
NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR).
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Levi & Korsinsky Notifies Innovative Industrial Properties, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – IIPR
Published: March 14, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 14, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136134&wire=1 or contact Joseph E. Levi, Esq.
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IIPR DEADLINE NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important March 18 Deadline in Securities Class Action - IIPR
Published: March 14, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 14, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Innovative Industrial Properties, Inc. (NYSE:IIPR) between February 27, 2024 and December 19, 2024, both dates inclusive (the "Class Period"), of the important March 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased IIPR securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
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Investors in Innovative Industrial Properties, Inc. Should Contact Levi & Korsinsky Before March 18, 2025 to Discuss Your Rights - IIPR
Published: March 14, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 14, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=136107&wire=1 or contact Joseph E. Levi, Esq.
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Lost Money on Innovative Industrial Properties, Inc.(IIPR)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Published: March 13, 2025 by: GlobeNewsWire
Sentiment: Neutral
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or the "Company") (NYSE: IIPR) of a class action securities lawsuit.
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March 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against IIPR
Published: March 13, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 13, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=135775&wire=1 or contact Joseph E. Levi, Esq.
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SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innovative Industrial Properties
Published: March 13, 2025 by: PRNewsWire
Sentiment: Neutral
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Innovative Industrial Properties To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Innovative Industrial Properties between February 27, 2024 and December 19, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK , March 13, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Innovative Industrial …
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Class Action Filed Against Innovative Industrial Properties, Inc. (IIPR) - March 18, 2025 Deadline to Join - Contact Levi & Korsinsky
Published: March 13, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 13, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=135737&wire=1 or contact Joseph E. Levi, Esq.
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Investors in Innovative Industrial Properties, Inc. Should Contact Levi & Korsinsky Before March 18, 2025 to Discuss Your Rights - IIPR
Published: March 12, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 12, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=135553&wire=1 or contact Joseph E. Levi, Esq.
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INVESTOR DEADLINE TUESDAY: Robbins Geller Rudman & Dowd LLP Announces that Innovative Industrial Properties, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Published: March 12, 2025 by: GlobeNewsWire
Sentiment: Neutral
SAN DIEGO, March 12, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Innovative Industrial Properties, Inc. (NYSE: IIPR) securities between February 27, 2024 and December 19, 2024, inclusive (the “Class Period”), have until Tuesday, March 18, 2025 to seek appointment as lead plaintiff of the Innovative Industrial Properties class action lawsuit. Captioned Giraudon v.
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INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innovative Industrial Properties
Published: March 11, 2025 by: GlobeNewsWire
Sentiment: Neutral
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Innovative Industrial Properties To Contact Him Directly To Discuss Their Options
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Innovative Industrial Properties, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before March 18, 2025 to Discuss Your Rights - IIPR
Published: March 10, 2025 by: Accesswire
Sentiment: Neutral
NEW YORK, NY / ACCESS Newswire / March 10, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=135037&wire=1 or contact Joseph E. Levi, Esq.
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Innovative Industrial Properties, Inc. Class Action: Levi & Korsinsky Reminds Innovative Industrial Properties Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 18, 2025 – IIPR
Published: March 10, 2025 by: GlobeNewsWire
Sentiment: Neutral
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or the "Company") (NYSE: IIPR) of a class action securities lawsuit.
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About Innovative Industrial Properties, Inc. (IIPR)
- IPO Date 2016-12-01
- Website https://www.innovativeindustrialproperties.com
- Industry REIT - Industrial
- CEO Mr. Paul E. Smithers
- Employees 21