Innovative Industrial Properties share price logo

Innovative Industrial Properties

NYSE: IIPR

Small Cap

$55.54

+0.71

(+1.29%)

as on

Innovative Industrial Properties Stock Performance

as on November 10, 2026 at 2:16 pm IST

  • Day's Low

    Day's High

    $55.51
    $56.20
    downward going graph

    0.05%

    Downside

    1.19%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $44.58
    $65.38
    downward going graph

    19.73%

    Downside

    17.72%

    Upside

    downward going graph

Innovative Industrial Properties share price movements today

Previous Close
$54.83
Open
$55.75
Volume
346.2K
Market Cap
$1.5B
Dividend Yield
13.86%
Day's Low - High
$55.51 - $56.20
52 Week Low - High
$44.58 - $65.38

Innovative Industrial Properties Historical Returns

1 Month Return
+ 7.16 %
3 Month Return
-3.24 %
1 Year Return
+ 7.89 %
3 Year Return
-26.73 %
5 Year Return
-79.56 %

Innovative Industrial Properties Stock Fundamentals & Key Indicators

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

Market Cap

$1.5B

EPS (TTM)

4.51

Dividend Yield

13.86%

Quarterly Earnings Growth YOY

0.02%

PE Ratio (TTM)

12.16

Industry PE ratio

10.37

PEG Ratio

2.62

EBITDA

249.2M

Revenue (TTM)

263.9M

Profit Margin

60.61%

Return On Equity TTM

7.56%

Innovative Industrial Properties vs Peer Comparison

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

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
Buy$1.5B-79.56%12.1660.61%13.86%
Neutral$63.1B3.36%35.2360.56%3.56%
Buy$34.7B-18.76%32.3631.47%4.07%
StrongBuy$123.1B-12.25%27.9621.67%3.32%
Buy$10.1B-16.82%29.6217.63%4.71%

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

The Innovative Industrial Properties 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 investment value today

Current value as on today

₹1,14,236

Returns

₹14,236

(+14.24%)

Returns from Innovative Industrial Properties Stock

₹7,887 (+7.89%)

Dollar Impact

₹6,349 (+6.35%)

Analyst Recommendation on Innovative Industrial Properties Stock

Based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts, 100% of analysts recommend a 'BUY' rating for Innovative Industrial Properties. Average target price of $61.45

Innovative Industrial Properties Share Price Target

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

What analysts predicted

9.62%UPSIDE

Target Price

$61.45

Current Price

$55.54

Analyzed by

1 Analysts

High

$56.25

Target

$61.45

Low

$56.25

Innovative Industrial Properties target price $61.45, a slight upside of 9.62% compared to current price of $55.54. According to 1 analysts rating.

Indian Investors' Interest in Innovative Industrial Properties Stock

Search interest for Innovative Industrial Properties Stock has decreased by -2% in the last 30 days, reflecting a downward trend in search activity.

Time period: to

Change:-2% versus previous 30 day period

Innovative Industrial Properties Quarterly Profit & Loss

All numbers in Millions USD

Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Total Revenue
79
76
76
71
62
64
66
68
63
64
Gross Profit
72
69
69
64
56
56
21
24
56
57
Operating Income
42
41
42
33
28
29
32
32
41
29
EBITDA
63
62
61
53
48
52
57
57
70
63
Interest Expense
4
4
3
4
4
4
6
6
8
11
Depreciation
17
17
18
18
18
18
18
18
18
19
Income Before Tax
41
40
40
31
26
29
31
32
43
31
Income Tax Expense
-
-
-
-
-
-
-
-
-
-
Net Income
41
40
40
31
26
29
31
32
43
31
Net Profit Margin
91.40%
90.47%
90.09%
89.71%
89.08%
87.71%
32.41%
35.15%
88.63%
89.31%

Innovative Industrial Properties Annual Profit & Loss

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
6
14
44
116
204
276
309
308
265
Gross Profit
6
14
43
111
200
265
284
280
235
Operating Income
0
5
24
69
135
169
174
168
124
EBITDA
0
9
37
100
172
232
248
248
208
Interest Expense
-
-
6
7
18
18
16
16
20
Depreciation
0
2
8
28
41
61
67
70
74
Income Before Tax
0
6
23
65
113
154
165
161
114
Income Tax Expense
-
-
-
-
-
-
-
-
-
Net Income
0
6
23
65
113
154
165
161
114
Net Profit Margin
98.16%
96.99%
97.06%
95.76%
97.83%
96.19%
91.96%
90.77%
88.65%

Innovative Industrial Properties Quarterly Cash Flow

All numbers in Millions USD

Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Net Income
41
40
40
31
26
29
31
31
44
31
Operating Cash Flow
64
64
58
54
48
45
49
56
44
49
Investing Cash Flow
-44
6
-3
-17
-5
-109
-41
0
-78
-140
Financing Cash Flow
-52
-44
-55
-55
-71
1
2
-14
151
29
Change in Cash
-32
26
0
-18
-28
-62
10
41
118
-62

Innovative Industrial Properties 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
165
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

Check out the Institutions with significant holdings in Innovative Industrial Properties.

Funds
Holdings
BlackRock, Inc.
18.13%
Vanguard
14.09%
iShares
12.34%
VANGUARD INDEX FUNDS
8.40%
VANGUARD SPECIALIZED FUNDS
3.88%

Innovative Industrial Properties News & Key Events

  • img

    Today's Timeline - 14 October

    Wed, 05:39 PM

    -

    Stifel initiates coverage of Innovative Industrial Properties with a Buy rating and $56.25 target price.

    Thu, 02:00 AM

    -

    Innovative Industrial Properties announces Q3 2026 earnings release date and conference call.

    Thu, 02:49 AM

    -

    Innovative Industrial Properties to issue 2 million shares of 9.25% Series B Preferred Stock for $48.4 million.

Insights on Innovative Industrial Properties

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 2 quarters, 63.31M → 64.92M (in $), with an average increase of 2.5% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, IIPR stock has moved up by 7.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Public Storage has given 24.0% return, outperforming this stock by 16.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Public Storage has given 38.1% return, outperforming this stock by 64.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 43.85M → 31.89M (in $), with an average decrease of 27.3% per quarter

About Innovative Industrial Properties

Innovative Industrial Properties, Inc. is an independently managed, Maryland-based corporation primarily focused on acquiring, owning, and overseeing unique real estate assets. These properties are subsequently leased to experienced, state-licensed operators who utilize them for their regulated medical cannabis facilities. For tax purposes, the company adopted the structure of a Real Estate Investment Trust (REIT) starting from the end of 2017.
OrganisationInnovative Industrial Properties
Headquarters11440 West Bernardo Court, San Diego, CA, 92127, US
IndustryREIT - Industrial
CEOPaul E. Smithers

Key Management of Innovative Industrial Properties

Name

Title

Ms. Tracie Hager

Senior Vice President of Asset Management

Ms. Catherine Hastings CPA

Chief Operating Officer

Mr. Ben Regin

Chief Investment Officer

Mr. David Jon Smith

CFO & Treasurer

Mr. Andy Bui

VP & Chief Accounting Officer

Ms. Kelly C. Spicher

Senior Vice President of Real Estate Counsel

Eli Kanter

Senior Associate of Finance

Mr. Alan D. Gold

Executive Chairman

Mr. Paul E. Smithers

President, CEO & Director

FAQs

What is Innovative Industrial Properties share price today?

Innovative Industrial Properties share price today is $55.54 as on at the close of the market. Innovative Industrial Properties share today touched a day high of $56.20 and a low of $55.51.

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

Innovative Industrial Properties share touched a 52 week high of $65.38 on and a 52 week low of $44.58 on . Innovative Industrial Properties stock price today i.e. is closed at $55.54,which is 15.05% down from its 52 week high and 24.59% up from its 52 week low.

What is Innovative Industrial Properties's market capitalisation today?

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

How to invest in Innovative Industrial Properties 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 on INDmoney app. Click on Buy button.

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

Indian investors can start investing in Innovative Industrial Properties (IIPR) shares with as little as ₹93.92749786376953 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹939.27 in Innovative Industrial Properties stock (as per the Rupee-Dollar exchange rate as on ). Based on Innovative Industrial Properties share’s latest price of $55.54 as on November 10, 2026 at 8:46 am IST, you will get 0.1801 shares of Innovative Industrial Properties. Learn more about fractional shares .

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

Innovative Industrial Properties stock has given -79.56% share price returns and 26.61% 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?