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
Innovative Industrial Properties Inc (IIPR) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
4 of 8
Last 8 quarters
Avg EPS surprise
-0.7%
Last 4 quarters
Revenue YoY growth
-13.1%
Most recent quarter
EPS YoY growth
-22.1%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.8%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
-11.8%
2025-08-06
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-23 | $1.06 | +7.1% | $45.71 | $51.10 | +11.8% |
| 2025-11-05 | $0.97 | +7.8% | $49.76 | $50.96 | +2.4% |
| 2025-08-06 | $0.86 | -5.5% | $52.29 | $46.10 | -11.8% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $0.99 | $1.06 | +7.1% | $66.66M | -13.1% |
| 2025-09-30 | $0.90 | $0.97 | +7.8% | $64.69M | -15.5% |
| 2025-06-30 | $0.91 | $0.86 | -5.5% | $62.89M | -21.2% |
| 2025-03-31 | $1.17 | $1.03 | -12.0% | $71.72M | -4.9% |
| 2024-12-31 | $1.36 | $1.36 | +0.0% | $76.74M | -3.0% |
| 2024-09-30 | $1.45 | $1.37 | -5.5% | $76.53M | -1.7% |
| 2024-06-30 | $1.30 | $1.34 | +3.1% | $79.79M | +4.4% |
| 2024-03-31 | $1.43 | $1.36 | -4.9% | $75.45M | — |
| 2023-12-31 | $1.41 | $1.45 | +2.8% | $79.16M | — |
| 2023-09-30 | $1.42 | $1.45 | +2.1% | $77.83M | — |
| 2023-06-30 | $1.40 | $1.44 | +2.9% | $76.46M | — |
Frequently asked questions
Has Innovative Industrial Properties Inc beaten earnings estimates?
Innovative Industrial Properties Inc has beaten Wall Street EPS estimates in 4 of its last 8 quarterly reports, with an average EPS surprise of -0.7% over the last 4 quarters.
How does IIPR stock react to earnings?
IIPR stock has moved an average of +0.8% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is Innovative Industrial Properties Inc's revenue growth rate?
Innovative Industrial Properties Inc reported year-over-year revenue growth of -13.1% in its most recent quarter, with EPS growing -22.1% year-over-year.