IIPR
Innovative Industrial Properties Inc
NYSE: IIPR · REAL ESTATE · REIT - INDUSTRIAL
$56.49
-1.40% today
Updated 2026-05-11
Market cap
$1.56B
P/E ratio
13.87
P/S ratio
5.85x
EPS (TTM)
$3.93
Dividend yield
14.00%
52W range
$41 – $58
Volume
0.3M
WallStSmart proprietary scores
52
out of 100
Grade: C
Hold
Investment rating
2.0
Growth
F5.0
Quality
C+7.5
Profitability
B+6.0
Valuation
B—/9
Piotroski F-Score
—
—
Altman Z-Score
—
—
Industry rank
—
View all highly rated stocks (75+) →198 stocks currently score above 75
Price targets
Analyst target
$58.75
+4.00%
12-Month target
$41.88
-25.86%
Intrinsic (DCF)
—
Margin of safety
—
0 Strong Buy1 Buy4 Hold0 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 44.50% — above average
+ Free cash flow $53.08M — positive
Risks
- Revenue declining -13.10% QoQ
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $276.36M | $309.51M | $308.52M | $265.95M | $265.95M |
| Net income | $154.39M | $165.59M | $161.66M | $114.44M | $32.81M |
| EPS | — | — | — | — | $3.93 |
| Free cash flow | $-289.84M | $105.45M | $176.70M | $174.76M | $53.08M |
| Profit margin | 55.86% | 53.50% | 52.40% | 43.03% | 44.50% |
Peer comparison
Smart narrative
Innovative Industrial Properties Inc trades at $56.49. representing a P/E of 13.87x trailing earnings. Our Smart Value Score of 52/100 indicates the stock is fair. TTM revenue stands at $265.95M. with profit margins at 44.50%.
Frequently asked questions
What is Innovative Industrial Properties Inc's stock price?
Innovative Industrial Properties Inc (IIPR) trades at $56.49.
Is Innovative Industrial Properties Inc overvalued?
Smart Value Score 52/100 (Grade C, Hold).
What is the price target of Innovative Industrial Properties Inc (IIPR)?
The analyst target price is $58.75, representing +4.0% upside from the current price of $56.49.
What is Innovative Industrial Properties Inc's revenue?
TTM revenue is $265.95M.
Company info
SectorREAL ESTATE
IndustryREIT - INDUSTRIAL
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio5.85x
ROE6.25%
Beta1.45
50D MA$52.44
200D MA$52.05
Shares out0.03B
Float0.03B
Short ratio—
Avg volume0.3M
Performance
1 week—
1 month—
3 months—
YTD—
1 year—
3 years—
5 years—