IIPR — Innovative Industrial Properties, Inc.

IIPRInnovative Industrial Properties, Inc.

NYSE · US · Real Estate · REIT - Industrial · innovativeindustrialproperties.com

57.06USD+1.19%Mkt Cap: 1.64B USDP/E: 14.56Last update: 2026-05-22

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. Innovative Industria…

Industry Peers

REIT - Industrial

RYGYO

Reysas Gayrimenkul Yatirim Ortakligi A.S.

59.48BTRYP/E 3.5

EGP

EastGroup Properties, Inc.

Granite Real Estate Investment Trust

5.83BCADP/E 14.9

WDP

Warehouses De Pauw SA

5.30BEURP/E 13.3

LMP

LondonMetric Property Plc

4.36BGBpP/E 14.4

COLD

Americold Realty Trust, Inc.

4.25BUSD—

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Indicators:|

Key Statistics

Company

Market Cap1.64B USD

Enterprise Value2.01B USD

Revenue (TTM)263.23M USD

Gross Profit235.78M USD

Net Income (TTM)118.25M USD

Revenue/Share9.423 USD

Last Price57.06 USD

Fiscal Year EndDec 2025

MR QuarterMar 2026

Employees23

CountryUS

SectorReal Estate

IndustryREIT - Industrial

ISIN—

Valuation

P/E (Trailing)14.56

P/E (Forward)11.77

PEG—

EV/EBITDA10.00

EV/Revenue7.63

P/S6.16

P/B0.89

EPS (TTM)3.92

EPS (Forward)4.79

52W Range

44.5874% of range61.40

52W High61.40 USD

52W Low44.58 USD

Profitability

Gross Margin88.65%

Oper. Margin49.80%

EBITDA Margin76.25%

Profit Margin44.46%

ROE6.40%

ROA4.99%

Growth

Revenue Growth-3.80%

Earnings Growth0.00%

Cash Flow & Leverage

Operating CF198.19M USD

CapEx (TTM)—

FCF Margin59.39%

FCF Yield9.52%

Net Debt276.86M USD

Net Debt/EBITDA1.38

Balance Sheet

Debt/Equity0.21

Current Ratio0.35

Quick Ratio0.25

Book Value/Sh63.09 USD

Cash/Share3.097 USD

Dividends

Fwd Div Rate7.600 USD

Trail. Div Rate7.600 USD

Div. Yield13.48%

5Y Avg Yield8.34%

Payout Ratio193.88%

Ex-Div DateMar 31, 2026

Pay DateApr 15, 2026

Analyst Consensus

Rating2.8 (Hold)

Target (Mean)62.40 USD

Target Range45.00 USD – 90.00 USD

# Analysts4

Ownership

Shares Out.28.77M

Float28.23M

Insiders1.78%

Institutions72.19%

Short Interest

Short Ratio9.2d

Short % Float16.79%

Short % Out.11.16%

Shares Short3.19M

Short (prev mo.)3.38M

Technical

SMA 5053.32 (+7.0%)

SMA 20052.27 (+9.2%)

Beta1.45

S&P 52W Chg28.31%

Avg Vol (30d)339.24K

Avg Vol (10d)233.38K

Technical Indicators

RSI (14)—

MACD—

MACD Signal—

MACD Hist.—

BB Upper—

BB Middle—

BB Lower—

BB Width—

ATR (14)—

Vol Ratio (20d)—