Innovative Industrial Properties, Inc. share price logo

Innovative Industrial Properties, Inc. Share Price

NYSE: IIPR

Mid Cap

$56.71

-0.51

(-0.89%)

as on

Innovative Industrial Properties, Inc. Stock Performance

as on September 18, 2025 at 1:29 am IST

  • Day's Low

    Day's High

    $56.64
    $58.9
    downward going graph

    0.12%

    Downside

    3.86%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $45.44
    $138.35
    downward going graph

    19.87%

    Downside

    143.96%

    Upside

    downward going graph

Innovative Industrial Properties, Inc. share price movements today

Previous Close
$57.22
Open
$57.34
Volume
411.1K
Day's Low - High
$56.64 - $58.9
52 Week Low - High
$45.44 - $138.35

Innovative Industrial Properties, Inc. Historical Returns

1 Month Return
+ 9.51 %
3 Month Return
+ 0.62 %
1 Year Return
-57.18 %
3 Year Return
-37.44 %
5 Year Return
-54.65 %

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

$1.6B

EPS (TTM)

3.7467

Dividend Yield

5.78%

Quarterly Earnings Growth YOY

-0.40%

PE Ratio (TTM)

12.38

Industry PE ratio

37.206595744680854

P/B Ratio

12.3758

PEG Ratio

0

EBITDA

224.2M

Revenue (TTM)

287.9M

Profit Margin

47.71%

Return On Equity TTM

7.18%

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 (12.38x)

September 17, 2025

Industry (37.21x)

September 17, 2025

Highest (56.25x)

December 31, 2021

LowHigh

Today’s Price to Earnings Ratio: 12.38x

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 %
BUY$1.6B-54.65%12.3847.71%
BUY$105.8B14.09%30.7438.69%
BUY$50.0B28.17%31.0638.06%
HOLD$31.8B28.96%31.1828.77%
BUY$10.5BNA31.9332.18%

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 Return is the profit earned when the US dollar rises in value compared to the Indian rupee.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

Innovative Industrial Properties, Inc. investment value today

Current value as on today

₹47,033

Returns

₹52,967

(-52.97%)

Returns from Innovative Industrial Properties, Inc. Stock

₹57,565 (-57.57%)

Dollar Returns*

₹4,598 (+4.6%)

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 $57

Innovative Industrial Properties, Inc. Share Price Target

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

What analysts predicted

0.51%UPSIDE

Target Price

$57

Current Price

$56.71

Analyzed by

13 Analysts

Target

$57.00

Innovative Industrial Properties, Inc. target price $57, a slight upside of 0.51% compared to current price of $56.71. According to 13 analysts rating.

Innovative Industrial Properties, Inc. Stock's Interest Amongst Investors

Search interest for Innovative Industrial Properties, Inc. Stock has increased by 6% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:6% versus previous 30 day period

Innovative Industrial Properties, Inc. Quarterly Profit & Loss

All numbers in Millions USD

Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Total Revenue
76
76
77
79
75
79
76
76
71
62
Gross Profit
70
70
71
54
68
72
69
69
64
56
Operating Income
43
43
43
43
42
42
41
42
33
28
EBITDA
60
60
60
61
60
63
62
61
53
47
Interest Expense
4
4
4
4
4
4
4
3
4
4
Depreciation
16
16
16
17
17
17
17
18
18
18
Income Before Tax
41
41
41
41
39
41
40
40
31
26
Income Tax Expense
0
1
1
-3
0
0
-
-1
-
-
Net Income
41
41
41
41
39
41
40
40
31
26
Net Profit Margin
54.02%
53.98%
53.44%
52.60%
52.25%
52.63%
52.55%
52.15%
43.33%
41.38%

Innovative Industrial Properties, Inc. Annual Profit & Loss

All numbers in Millions USD

Dec 2015
Dec 2016
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Total Revenue
5
0
6
14
44
116
204
276
309
308
Gross Profit
5
0
6
14
43
111
200
265
284
280
Operating Income
4
-4
0
5
24
69
135
169
174
168
EBITDA
5
-1
0
7
33
97
177
230
248
248
Interest Expense
-
-
0
1
6
7
18
18
16
16
Depreciation
-
-
0
2
8
28
41
61
66
70
Income Before Tax
4
-4
0
6
23
65
113
154
165
161
Income Tax Expense
-
7
0
-3
6
7
18
-3
1
-1
Net Income
4
-4
0
6
17
65
113
154
165
161
Net Profit Margin
88.60%
-1368.22%
-1.12%
47.24%
38.44%
56.23%
55.73%
55.86%
53.50%
52.40%

Innovative Industrial Properties, Inc. Quarterly Cash Flow

All numbers in Millions USD

Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Net Income
41
41
41
38
41
40
40
31
26
Operating Cash Flow
61
63
66
71
64
64
57
54
48
Investing Cash Flow
44
-5
0
-14
-44
6
-3
-17
-5
Financing Cash Flow
-51
-51
-42
-45
-52
-44
-55
-55
-71
Change in Cash
54
24
23
11
-32
26
0
-18
-28

Innovative Industrial Properties, Inc. Annual Cash Flow

All numbers in Millions USD

Dec 2016
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Net Income
-4
0
6
23
65
113
154
164
161
Operating Cash Flow
1
5
15
44
110
188
234
255
258
Investing Cash Flow
-30
-38
-199
-340
-1,027
-384
-396
-6
-55
Financing Cash Flow
61
12
184
399
924
155
164
-195
-197
Change in Cash
33
-21
1
104
8
-39
2
53
4

Global Institutional Holdings in Innovative Industrial Properties, Inc.

Funds
Holdings
BlackRock Inc
17.49%
Vanguard Group Inc
15.95%
State Street Corp
5.85%
Morgan Stanley - Brokerage Accounts
1.82%
Charles Schwab Investment Management Inc
1.65%

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.

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Prologis, Inc. has given 0.3% return, outperforming this stock by 37.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Innovative Industrial Properties, Inc. has experienced a drawdown of -57.6%, however Prologis, Inc. resisted the overall trend and outperformed by 47.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 76.74M → 62.89M (in $), with an average decrease of 9.4% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 5 quarters, 41.99M → 26.02M (in $), with an average decrease of 10.8% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, IIPR stock has moved down by -57.6%

About Innovative Industrial Properties, Inc.

innovative industrial properties, inc. is a self-advised maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. innovative industrial properties, inc. has elected to be taxed as a real estate investment trust, commencing with the year ended december 31, 2017.
OrganisationInnovative Industrial Properties, Inc.
Headquarters1389 Center Drive, Park City, UT, United States, 84098-7660
IndustryFinance
CEOMr. Paul E. Smithers
E-voting on sharesClick here to vote

Key Management of Innovative Industrial Properties, Inc.

Name

Title

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

Ms. Tracie Hager

Senior Vice President of Asset Management

Mr. Alan D. Gold

Executive Chairman

Mr. Paul E. Smithers

President, CEO & Director

Mr. David J. Smith

CFO & Treasurer

FAQs

What is Innovative Industrial Properties, Inc. share price today?

Innovative Industrial Properties, Inc. share price today is $56.71 as on at the close of the market. Innovative Industrial Properties, Inc. share today touched a day high of $58.9 and a low of $56.64.

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 $138.35 on and a 52 week low of $45.44 on . Innovative Industrial Properties, Inc. stock price today i.e. is closed at $56.71,which is 59.01% down from its 52 week high and 24.80% 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 0.0265 shares as per Innovative Industrial Properties, Inc. share price of $56.71 per share as on September 18, 2025 at 1:29 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 ₹87.816 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹878.16 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 $56.71 as on September 18, 2025 at 1:29 am IST, you will get 0.1763 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 -54.65% share price returns and 20.01% 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?