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Innovative Industrial Properties Inc (IIPR)

US · Real Estate · REIT - Industrial

$52.39-1.52%
Last close · 2026-10-16

Latest quarter · ended 2026-06-30

Revenue
$63.3M
Revenue YoY
+0.7%
Net profit
$43.9M
Profit YoY
+68.5%
EPS
$1.83
EPS estimate
$1.69
Net margin
69.3%

EPS came in at 1.83 against a street estimate of 1.69 — a beat of 8.3%.

Key statistics

Market cap
$1.42B
P/E
11.7
Forward P/E
12.4
P/B
0.88
Book value
$62.48
EPS (TTM)
$4.42
Dividend yield
14.85%
52-week high
$63.10
52-week low
$38.64
50-day MA
$55.60
200-day MA
$54.85
Beta
1.42

Analyst view

Analysts rate Innovative Industrial Properties Inc a hold (1 buy, 4 hold, 1 sell out of 6) with an average price target of $64.50.

Shareholding

Insiders
1.98%
Institutions
79.72%

Largest institutional holders

FundStake
BlackRock Inc18.13%
Vanguard Portfolio Management, LLC10.22%
State Street Corp5.91%
Vanguard Capital Management, LLC4.69%
Charles Schwab Investment Management Inc2.35%
Arrowstreet Capital Limited Partnership2.05%
The Goldman Sachs Group Inc1.97%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1.90%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
HEADLINE NUMBERS • On September 28, 2026, Innovative Industrial Properties, Inc. (IIPR) increased its mezzanine loan commitment for the Alewife Park
2026-10-01
Charter / bylaws change · Q3 2026
SUMMARY: INNOVATIVE INDUSTRIAL PROPERTIES, INC. (IIPR) - FORM 8-K FILING HEADLINE NUMBERS • Total authorized shares increased from 100,000,000 to 17
2026-09-25
Company announcement · Q3 2026
SUMMARY: INNOVATIVE INDUSTRIAL PROPERTIES, INC. (IIPR) - FORM 8-K FILING HEADLINE NUMBERS • Company maintains equity distribution agreements with to
2026-09-01
Quarterly report · Q2 2026
INNOVATIVE INDUSTRIAL PROPERTIES, INC. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total assets: $2,581.6 million (June 30, 2026) vs. $2,370.9 million
2026-08-04
Results announced · Q3 2026
INNOVATIVE INDUSTRIAL PROPERTIES Q2 2026 SUMMARY HEADLINE NUMBERS • Total revenues Q2 2026: $63.3 million (flat vs Q2 2025: $62.9 million) • Net inc
2026-08-03
Company announcement · Q3 2026
INNOVATIVE INDUSTRIAL PROPERTIES, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Tenant default amount: Approximately $1.6 million in unpaid rent, reimb
2026-07-21
Material agreement · Q2 2026
INNOVATIVE INDUSTRIAL PROPERTIES, INC. (IIPR) - FORM 8-K SUMMARY HEADLINE NUMBERS • $402.5 million in 6.00% exchangeable senior notes issued on June
2026-06-15
Quarterly report · Q1 2026
INNOVATIVE INDUSTRIAL PROPERTIES, INC. - Q1 2026 SUMMARY HEADLINE NUMBERS • Total assets: $2,393,980 thousand ($2.39 billion) as of March 31, 2026,
2026-05-05

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Corporate actions

ActionDetailDate
Dividend$1.90 / share
ex-date Sep 30, 2026 · pay Oct 15, 2026
2026-09-30
Dividend$1.90 / share
ex-date Jun 30, 2026 · pay Jul 15, 2026
2026-06-30
Dividend$1.90 / share
ex-date Mar 31, 2026 · pay Apr 15, 2026
2026-03-31
Dividend$1.90 / share
ex-date Dec 31, 2025 · pay Jan 15, 2026
2025-12-31
Dividend$1.90 / share
ex-date Sep 30, 2025 · pay Oct 15, 2025
2025-09-30

Deals & corporate news

AnnouncementDate
Executed full-building leases for two properties totaling 122,000 square feet
Innovative Industrial Properties reported mixed news in its March 2026 portfolio update. On the positive side, the company executed full-building leases for two properties totaling 122,000 s
2026-03-16

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Other Real Estate companies

Data updated 2026-10-18.