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Rank #4

Innovative Industrial Properties, Inc.

IIPR

$64.35

-0.19% (24h)

Last updated: 1 second ago

Market Cap

$1.87B

Volume (24h)

116.19K

Last Close (7D)

$64.35

View on TradingView
Earnings Aug 3 · in 13d

Company Profile

Sector
Real Estate
Industry
REIT - Industrial
Employees
23
Website
www.innovativeindustrialproperties.com
Country
🇺🇸 United States

Latest News

  • Yahoo · Jul 20, 2026

    Innovative Industrial Properties Announces Second Quarter 2026 Earnings Release Date and Conference Call

  • SeekingAlpha · Jul 18, 2026

    AI Bubble Risks Make Dividend Stocks Attractive Again

  • SeekingAlpha · Jul 12, 2026

    My 4 Worst REIT Picks: Lessons Learned The Hard Way

  • SeekingAlpha · Jul 11, 2026

    The REIT Strategy I Would Use To Retire Today

  • SeekingAlpha · Jul 10, 2026

    Dividend Champion, Contender, And Challenger Highlights: Week Of July 12

  • SeekingAlpha · Jul 10, 2026

    Innovative Industrial Properties: Capital Structure Risk Solved, 9% Preferred Yield Remains

The only cannabis-dedicated REIT in the US, IIPR buys licensed cannabis facilities and leases them back to operators — collecting landlord-steady cash flows regardless of which companies ultimately win the market.

  • 🏢 Sale-leaseback deals give MSOs immediate capital infusions while locking in long-term rent for IIPR
  • 💰 REIT structure requires 90%+ income distribution — historically one of the more consistent cannabis dividends
  • ⚠️ Tenant concentration in a small number of large MSOs means one bad default can hit the portfolio hard

Key Stats

52-Week Range

$44.58$65.38
Beta1.43
Trailing P/E16.42
Forward P/E13.43
Trailing EPS3.92
Avg Volume393.03K
Enterprise Value$2.24B
Shares Outstanding29M

Earnings & Analyst

Next Earnings2026-08-03
EPS Estimate1.02
Target Mean Price$61.75
RecommendationNone
Recommendation MeanN/A