IIPR

$51.61-2.01 (-3.75%)

Market ClosedAs of Mar 20, 8:00 PM UTC

Innovative Industrial Properties, Inc.

Historical Price

Price (Line)
50-Day SMA
200-Day SMA
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Peer Comparison

Whystock Valuation Model

Calculated using a trailing P/E relative model adjusted by sector ROE and historical growth.
Current Price$51.61
Potential Upside
48.4%
Whystock Fair Value$76.58
Price
UndervaluedFair ValueOvervalued

Fundamentals

SectorReal Estate
IndustryREIT-Industrial

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate.

Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$1.45B
P/E Ratio
Value territory. Trading at a high yield relative to earnings.
13.13
Beta
High-beta play. Expect amplified moves vs. the broad market.
1.50
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROIC
Average efficiency. Growth may require heavy reinvestment.
7.43%
Quick Ratio
Tight liquidity. Monitor cash flow carefully against debt.
0.75

Recent News

Insider Monkey
Mar 20, 2026

Is Innovative Industrial Properties, Inc. (IIPR) A Good Stock To Buy Now?

Is IIPR a good stock to buy? We came across a bullish thesis on Innovative Industrial Properties, Inc. on Investomine’s Substack. In this article, we will summarize the bulls’ thesis on IIPR. Innovative Industrial Properties, Inc.’s share was trading at $53.62 as of March 19th. IIPR’s trailing and forward P/E were 13.62 and 12.14 respectively according to Yahoo Finance. Innovative Industrial […]

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Simply Wall St.
Mar 18, 2026

IIPR Resolves PharmaCann Dispute As Retenanting And Buybacks Target Stability

Innovative Industrial Properties (NYSE:IIPR) has resolved all pending litigation with tenant PharmaCann. The companies executed new lease agreements that include property turnovers, retenanting, and portfolio stabilization efforts. The settlement and new leases address prior operational uncertainties tied to PharmaCann occupied properties. For investors watching NYSE:IIPR, this move comes with the stock recently closing at $53.2. Shares show a mixed return profile, with a 15.8% gain over...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Zacks
Mar 16, 2026

Innovative Industrial Properties (IIPR) Stock Falls Amid Market Uptick: What Investors Need to Know

Innovative Industrial Properties (IIPR) closed at $51.88 in the latest trading session, marking a -1.48% move from the prior day.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Simply Wall St.
Mar 6, 2026

Assessing Innovative Industrial Properties (IIPR) Valuation After Recent Share Price Momentum And Mixed Returns

Recent performance snapshot for Innovative Industrial Properties Innovative Industrial Properties (IIPR) has caught investor attention after a one-month return of about 13.7%, alongside a past three-month gain near 9.8%, contrasting with a one-year total return decline of roughly 13.1%. See our latest analysis for Innovative Industrial Properties. At a share price of $55.06, Innovative Industrial Properties has seen its short term momentum pick up, with a 30 day share price return of 13.7%...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Simply Wall St.
Mar 6, 2026

Is New US$100 Million Buyback Shifting the Investment Case for Innovative Industrial Properties (IIPR)?

In March 2026, Innovative Industrial Properties, Inc. announced a new US$100 million share repurchase program running through March 4, 2027, replacing its expiring authorization and allowing buybacks via open-market and block transactions. This renewed repurchase capacity, alongside recent efforts to diversify into life sciences real estate and address tenant risks, underscores management’s focus on disciplined capital allocation and portfolio resilience. Now we’ll examine how this fresh...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.