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Unranked

Innovative Industrial Properties, Inc.

IIPR

$58.30

-0.17% (24h)

Last updated: 1 second ago

Market Cap

$1.68B

Volume (24h)

23.03K

Last Close (7D)

$58.30

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Price Chart

Company Profile

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

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

Key Stats

52-Week Range

$44.58$61.40
Beta1.45
Trailing P/E14.87
Forward P/E12.17
Trailing EPS3.92
Avg Volume307.67K
Enterprise Value$2.07B
Shares Outstanding28.77M

Earnings & Analyst

Next Earnings2026-05-04
EPS Estimate1.02
Target Mean Price$61.75
RecommendationHold
Recommendation Mean2.83

Latest News

  • SeekingAlpha · May 26, 2026

    Beyond Dividends: Jussi Askola's REIT Playbook For Total Return

  • SeekingAlpha · May 25, 2026

    REITs Rip As Mega-Deals Hit

  • SeekingAlpha · May 24, 2026

    Innovative Industrial Properties: Dual Beats And Fat Dividend Yield From Most Undervalued REIT

  • Benzinga · May 22, 2026

    Innovative Industrial Properties Files Prospectus For Offering $500M Common Shares

  • SeekingAlpha · May 20, 2026

    NewLake Capital Partners: 12% Yield Too Cheap To Ignore As Major Catalysts Unfold

  • SeekingAlpha · May 18, 2026

    Buried Treasures:  5 Undervalued High-Yield REITs With Strong Balance Sheets

  • 💰 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