Innovative Industrial Properties Inc. share price logo

Innovative Industrial Properties Inc.

NASDAQ: IIPR

Small Cap

$62.93

+1.77

(+2.89%)

as on

Innovative Industrial Properties Inc. Stock Performance

as on June 27, 2026 at 2:15 pm IST

  • Day's Low

    Day's High

    $61.12
    $62.67
    downward going graph

    2.88%

    Downside

    -0.41%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $44.58
    $62.30
    downward going graph

    29.16%

    Downside

    -1.00%

    Upside

    downward going graph

Innovative Industrial Properties Inc. share price movements today

Previous Close
$61.16
Open
$61.12
Volume
475.2K
Day's Low - High
$61.12 - $62.67
52 Week Low - High
$44.58 - $62.30

Innovative Industrial Properties Inc. Historical Returns

1 Month Return
+ 7.19 %
3 Month Return
+ 17.41 %
1 Year Return
+ 5.58 %
3 Year Return
-16.3 %
5 Year Return
-68.67 %

Innovative Industrial Properties Inc. Stock Fundamentals & Key Indicators

Check Innovative Industrial Properties Inc. market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$1.8B

EPS (TTM)

4.28

Dividend Yield

12.44%

Quarterly Earnings Growth YOY

0.00%

PE Ratio (TTM)

15.64

Industry PE ratio

18.8525

PEG Ratio

0

EBITDA

200.7M

Revenue (TTM)

263.2M

Profit Margin

45.58%

Return On Equity TTM

6.29%

Innovative Industrial Properties Inc. Stock Valuation

Track how Innovative Industrial Properties Inc. P/E has moved over time to understand its valuation trends.

Innovative Industrial Properties Inc. in the last 5 years

  • Overview

  • Trends

Lowest (11.85x)

June 30, 2025

Today (15.64x)

June 26, 2026

Industry (18.85x)

June 26, 2026

Highest (56.25x)

December 31, 2021

LowHigh

Today’s Price to Earnings Ratio: 15.64x

Innovative Industrial Properties Inc. vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Innovative Industrial Properties Inc. with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
BUY$1.8B-68.67%15.6445.58%12.44%
HOLD$11.0B22.63%37.2239.79%2.97%
BUY$132.0B15.19%35.3139.65%2.82%
BUY$55.8B5.25%32.9139.06%3.73%
HOLD$32.2B-11.54%32.7827.14%4.390000000000001%

Stock Returns calculator for Innovative Industrial Properties Inc. Stock including INR - Dollar returns

The Innovative Industrial Properties Inc. stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

Innovative Industrial Properties Inc. investment value today

Current value as on today

₹1,19,532

Returns

₹19,532

(+19.53%)

Returns from Innovative Industrial Properties Inc. Stock

₹8,631 (+8.63%)

Dollar Impact

₹10,901 (+10.9%)

Analyst Recommendation on Innovative Industrial Properties Inc. Stock

Based on 13 analysts

BUY

53.85%

Buy

46.15%

Hold

0.00%

Sell

Based on 13 analysts, 53.85% of analysts recommend a 'BUY' rating for Innovative Industrial Properties Inc.. Average target price of $61.75

Innovative Industrial Properties Inc. Share Price Target

Get share price movements and forecasts by analysts on Innovative Industrial Properties Inc..

What analysts predicted

-1.91%DOWNSIDE

Target Price

$61.75

Current Price

$62.93

Analyzed by

13 Analysts

Target

$61.75

Innovative Industrial Properties Inc. target price $61.75, a slight downside of -1.91% compared to current price of $62.93. According to 13 analysts rating.

Innovative Industrial Properties Inc. Quarterly Profit & Loss

All numbers in Millions USD

Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Total Revenue
79
75
79
76
76
71
62
64
66
68
Gross Profit
71
68
72
69
69
64
56
56
21
24
Operating Income
43
42
42
41
42
33
28
29
32
32
EBITDA
61
60
63
62
61
53
48
52
57
57
Interest Expense
2
4
4
4
3
4
4
4
6
6
Depreciation
17
17
17
17
18
18
18
18
18
18
Income Before Tax
41
39
41
40
40
31
26
29
31
32
Income Tax Expense
-3
0
0
-
-1
-
-
-
-
-
Net Income
41
39
41
40
40
31
26
29
31
32
Net Profit Margin
52.60%
52.25%
52.63%
52.55%
52.15%
43.33%
41.38%
45.30%
47.77%
47.55%

Innovative Industrial Properties Inc. Annual Profit & Loss

All numbers in Millions USD

Dec 2016
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
0
6
14
44
116
204
276
309
308
265
Gross Profit
0
6
14
43
111
200
265
284
280
235
Operating Income
-4
0
5
24
69
135
169
174
168
124
EBITDA
-1
0
7
37
100
172
232
248
248
208
Interest Expense
-
0
1
6
7
18
18
16
16
20
Depreciation
-
0
2
8
28
41
61
66
70
74
Income Before Tax
-4
0
6
23
65
113
154
165
161
114
Income Tax Expense
7
0
-3
6
7
18
-3
1
-1
-
Net Income
-4
0
6
23
65
113
154
165
161
114
Net Profit Margin
-1368.22%
-1.12%
47.24%
52.56%
56.23%
55.73%
55.86%
53.50%
52.40%
43.03%

Innovative Industrial Properties Inc. Quarterly Cash Flow

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Net Income
38
41
40
40
31
26
29
31
31
Operating Cash Flow
71
64
64
57
54
48
45
49
56
Investing Cash Flow
-14
-44
6
-3
-17
-5
-109
-41
0
Financing Cash Flow
-45
-52
-44
-55
-55
-71
1
2
-14
Change in Cash
11
-32
26
0
-18
-28
-62
10
41

Innovative Industrial Properties Inc. Annual Cash Flow

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Net Income
0
6
23
65
113
154
164
161
114
Operating Cash Flow
5
15
44
110
188
234
255
258
198
Investing Cash Flow
-38
-199
-340
-1,027
-384
-396
-6
-55
-174
Financing Cash Flow
12
184
399
924
155
164
-195
-197
-122
Change in Cash
-21
1
104
8
-39
2
53
4
-98

Global Institutional Holdings in Innovative Industrial Properties Inc.

Funds
Holdings
Vanguard Fiduciary Trust Co
0.63%
Vanguard Portfolio Management, LLC
9.48%
The Goldman Sachs Group Inc
1.88%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
1.79%
Thrivent Financial For Lutherans
0.54%

Innovative Industrial Properties Inc. News & Key Events

  • img

    Today's Timeline - 24 February

    Tue, 04:45 PM

    -

    Innovative Industrial Properties releases annual 10-K report detailing financial performance and challenges in the cannabis market.

    Tue, 10:38 PM

    -

    DCF analysis indicates Innovative Industrial Properties is undervalued by 59.7%, with an intrinsic value of $114.60 per share.

Insights on Innovative Industrial Properties Inc.

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 62.89M → 68.99M (in $), with an average increase of 3.0% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, IIPR stock has moved up by 5.6%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 26.02M → 32.80M (in $), with an average increase of 7.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, PROLOGIS, INC. has given 32.5% return, outperforming this stock by 22.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, EastGroup Properties Inc. has given 16.1% return, outperforming this stock by 31.8%

About Innovative Industrial Properties Inc.

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 Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland and is based in San Diego, California.
OrganisationInnovative Industrial Properties Inc.
Headquarters11440 West Bernardo Court, San Diego, CA, United States, 92127
IndustryREIT - Industrial
CEOMr. Paul E. Smithers
E-voting on sharesClick here to vote

Key Management of Innovative Industrial Properties Inc.

Name

Title

Mr. Paul E. Smithers

President, CEO & Director

Mr. David Jon Smith

CFO & Treasurer

Ms. Tracie Hager

Senior Vice President of Asset Management

Mr. Alan D. Gold

Executive Chairman

Ms. Catherine Hastings CPA

Chief Operating Officer

Mr. Ben Regin

Chief Investment Officer

Mr. Andy Bui

VP & Chief Accounting Officer

Ms. Kelly C. Spicher

Senior Vice President of Real Estate Counsel

Eli Kanter

Senior Associate of Finance

FAQs

What is Innovative Industrial Properties Inc. share price today?

Innovative Industrial Properties Inc. share price today is $62.93 as on at the close of the market. Innovative Industrial Properties Inc. share today touched a day high of $62.67 and a low of $61.12.

What is the 52 week high and 52 week low for Innovative Industrial Properties Inc. share?

Innovative Industrial Properties Inc. share touched a 52 week high of $62.3 on and a 52 week low of $44.58 on . Innovative Industrial Properties Inc. stock price today i.e. is closed at $62.93,which is -1.01% down from its 52 week high and 41.16% up from its 52 week low.

What is Innovative Industrial Properties Inc.'s market capitalisation today?

Innovative Industrial Properties Inc. market capitalisation is $0.00T as on .

How to invest in Innovative Industrial Properties Inc. Stock (IIPR) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Innovative Industrial Properties Inc. on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Innovative Industrial Properties Inc. Shares that will get you 0.0238 shares as per Innovative Industrial Properties Inc. share price of $62.93 per share as on June 27, 2026 at 8:45 am IST.

What is the minimum amount required to buy Innovative Industrial Properties Inc. Stock (IIPR) from India?

Indian investors can start investing in Innovative Industrial Properties Inc. (IIPR) shares with as little as ₹94.3 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹943.00 in Innovative Industrial Properties Inc. stock (as per the Rupee-Dollar exchange rate as on ). Based on Innovative Industrial Properties Inc. share’s latest price of $62.93 as on June 27, 2026 at 8:45 am IST, you will get 0.1589 shares of Innovative Industrial Properties Inc.. Learn more about fractional shares .

What are the returns that Innovative Industrial Properties Inc. has given to Indian investors in the last 5 years?

Innovative Industrial Properties Inc. stock has given -68.67% share price returns and 27.1% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?