Innovative Industrial Properties Share Price (NYSE: IIPR)

$54.95

▲

2.85

(5.47%)

Last updated on August 23, 2025 at 1:29 AM IST

$₹

Check the interactive Innovative Industrial Properties Stock chart to analyse performance

Innovative Industrial Properties stock performance

as on August 23, 2025 at 1:29 AM IST

Today's Low:$52.74
Today's High:$55.32
$54.95
4.02%
Downside
Day's Volatility :4.66%
Upside
0.67%
52 Weeks Low:$45.44
52 Weeks High:$138.35
$54.95
17.31%
Downside
52 Weeks Volatility :67.16%
Upside
60.28%

Innovative Industrial Properties Stock Returns

Period	Innovative Industrial Properties, Inc.	Sector (Real Estate)	Index (Russel 2000)
3 Months	-2.98%	4.2%	0.0%
6 Months	-24.94%	0.3%	0.0%
1 Year	-55.87%	-2.4%	0.0%
3 Years	-43.31%	-1.7%	-7.8%

Innovative Industrial Properties, Inc. Key Stats

Check Innovative Industrial Properties key stats like market cap, P/E ratio, EPS, Dividend Yield, and more.

Previous Close	$52.1
Open	$52.8
Today's High	$55.32
Today's Low	$52.74
Market Capitalization	$1.5B
Today's Volume	$337.2K
52 Week High	$138.35
52 Week Low	$45.44
Revenue TTM	$287.9M
EBITDA	$224.2M
Earnings Per Share (EPS)	$4.63
PE Ratio	11.25
Dividend Yield	14.4%
Profit Margin	47.71%
Quarterly Earnings Growth YOY	-0.4%
Return On Equity TTM	7.18%

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

Investment Value

₹1,00,000

Innovative Industrial Properties investment value today

Current value as on today

₹48,467

Returns

₹51,533

(-51.53%)

Returns from Innovative Industrial Properties Stock

₹55,849 (-55.85%)

Dollar Returns*

₹4,316 (+4.32%)

Indian investors sentiment towards Innovative Industrial Properties Stock

Period: Jul 23, 2025 to Aug 22, 2025. Change in 30 Days versus previous period

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

Global Institutional Holdings in Innovative Industrial Properties, Inc.

Name
Holdings %
Name
Holdings %
BlackRock Inc
17.49%
Vanguard Group Inc
15.66%
State Street Corp
5.85%
Morgan Stanley - Brokerage Accounts
1.82%
Charles Schwab Investment Management Inc
1.77%
Northern Trust Corp
1.54%

Analyst Recommendation on Innovative Industrial Properties Stock

Rating

Trend

Buy

53%Buy

46%Hold

0%Sell

Based on 13 Wall street analysts offering stock ratings for Innovative Industrial Properties(by analysts ranked 0 to 5 stars)

Innovative Industrial Properties Share Price Target

What analysts predicted

Upside of 6.01%

Target:

$58.25

Current:

$54.95

Innovative Industrial Properties share price target is $58.25, a slight Upside of 6.01% compared to current price of $54.95 as per analysts' prediction.

Innovative Industrial Properties Stock Insights

Price Movement
In the last 1 year, IIPR stock has moved down by -55.9%
Decreasing Revenue
Revenue is down for the last 3 quarters, 76.74M → 62.89M (in $), with an average decrease of 9.4% per quarter
Decreasing Net Profit
Netprofit is down for the last 5 quarters, 41.99M → 26.02M (in $), with an average decrease of 10.8% per quarter
IIPR vs PLD (1 yr)
In the last 1 year, Innovative Industrial Properties, Inc. has experienced a drawdown of -55.9%, however Prologis, Inc. resisted the overall trend and outperformed by 43.0%
IIPR vs PLD (3 yr)
In the last 3 years, Innovative Industrial Properties, Inc. has experienced a drawdown of -42.5%, however Prologis, Inc. resisted the overall trend and outperformed by 29.9%
Price to Sales
ForIIPR every $1 of sales, investors are willing to pay $5.4, whereas for Prologis, Inc., the investors are paying $11.7 for every $1 of sales.

Innovative Industrial Properties, Inc. Financials

Revenue

Profit

Cash Flow

Annually

Quarterly

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Revenue	$44.7M	↑ 202.07%
Net Income	$17.2M	↑ 145.8%
Net Profit Margin	38.44%	↓ 8.8%

	FY20	Y/Y Change
Revenue	$116.9M	↑ 161.71%
Net Income	$65.7M	↑ 282.84%
Net Profit Margin	56.23%	↑ 17.79%

	FY21	Y/Y Change
Revenue	$204.6M	↑ 74.99%
Net Income	$114.0M	↑ 73.42%
Net Profit Margin	55.73%	↓ 0.5%

	FY22	Y/Y Change
Revenue	$276.4M	↑ 35.11%
Net Income	$154.4M	↑ 35.44%
Net Profit Margin	55.86%	↑ 0.13%

	FY23	Y/Y Change
Revenue	$309.5M	↑ 11.99%
Net Income	$165.6M	↑ 7.26%
Net Profit Margin	53.5%	↓ 2.36%

	FY24	Y/Y Change
Revenue	$308.5M	↓ 0.32%
Net Income	$161.7M	↓ 2.37%
Net Profit Margin	52.4%	↓ 1.1%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Revenue	$75.5M	↓ 4.68%
Net Income	$39.4M	↓ 5.3%
Net Profit Margin	52.25%	↓ 0.35%

	Q2 FY24	Q/Q Change
Revenue	$79.8M	↑ 5.75%
Net Income	$42.0M	↑ 6.51%
Net Profit Margin	52.63%	↑ 0.38%

	Q3 FY24	Q/Q Change
Revenue	$76.5M	↓ 4.09%
Net Income	$40.2M	↓ 4.23%
Net Profit Margin	52.55%	↓ 0.08%

	Q4 FY24	Q/Q Change
Revenue	$76.7M	↑ 0.28%
Net Income	$40.0M	↓ 0.47%
Net Profit Margin	52.15%	↓ 0.4%

	Q1 FY25	Q/Q Change
Revenue	$71.7M	↓ 6.54%
Net Income	$31.1M	↓ 22.36%
Net Profit Margin	43.33%	↓ 8.82%

	Q2 FY25	Q/Q Change
Revenue	$62.9M	↓ 12.31%
Net Income	$26.0M	↓ 16.26%
Net Profit Margin	41.38%	↓ 1.95%

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Profit	$43.4M	↑ 202.27%

	FY20	Y/Y Change
Profit	$111.9M	↑ 158.22%

	FY21	Y/Y Change
Profit	$200.1M	↑ 78.76%

	FY22	Y/Y Change
Profit	$265.8M	↑ 32.85%

	FY23	Y/Y Change
Profit	$284.6M	↑ 7.06%

	FY24	Y/Y Change
Profit	$280.0M	↓ 1.6%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Profit	$68.7M	↑ 25.3%

	Q2 FY24	Q/Q Change
Profit	$72.9M	↑ 6.09%

	Q3 FY24	Q/Q Change
Profit	$69.2M	↓ 5.07%

	Q4 FY24	Q/Q Change
Profit	$69.1M	↓ 0.13%

	Q1 FY25	Q/Q Change
Profit	$64.3M	↓ 6.94%

	Q2 FY25	Q/Q Change
Profit	$56.0M	↓ 12.93%

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Operating Cash Flow	$44.9M	↑ 186.33%
Investing Cash Flow	$-340.6M	↑ 70.95%
Financing Cash Flow	$400.0M	↑ 116.37%

	FY20	Y/Y Change
Operating Cash Flow	$110.8M	↑ 146.62%
Investing Cash Flow	$-1.0B	↑ 201.53%
Financing Cash Flow	$925.0M	↑ 131.27%

	FY21	Y/Y Change
Operating Cash Flow	$188.7M	↑ 70.33%
Investing Cash Flow	$-384.1M	↓ 62.6%
Financing Cash Flow	$155.8M	↓ 83.16%

	FY22	Y/Y Change
Operating Cash Flow	$234.1M	↑ 24.04%
Investing Cash Flow	$-396.2M	↑ 3.15%
Financing Cash Flow	$164.2M	↑ 5.43%

	FY23	Y/Y Change
Operating Cash Flow	$255.5M	↑ 9.15%
Investing Cash Flow	$-6.8M	↓ 98.29%
Financing Cash Flow	$-195.6M	↓ 219.12%

	FY24	Y/Y Change
Operating Cash Flow	$258.4M	↑ 1.14%
Investing Cash Flow	$-56.0M	↑ 724.93%
Financing Cash Flow	$-197.9M	↑ 1.16%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

	Q1 FY24	Q/Q Change
Operating Cash Flow	$71.5M	↑ 8.13%
Investing Cash Flow	$-14.4M	↑ 1724.46%
Financing Cash Flow	$-45.3M	↑ 7.56%

	Q2 FY24	Q/Q Change
Operating Cash Flow	$64.2M	↓ 10.14%
Investing Cash Flow	$-44.4M	↑ 208.7%
Financing Cash Flow	$-52.4M	↑ 15.86%

	Q3 FY24	Q/Q Change
Operating Cash Flow	$64.9M	↑ 1.03%
Investing Cash Flow	$6.4M	↓ 114.41%
Financing Cash Flow	$-45.0M	↓ 14.22%

	Q4 FY24	Q/Q Change
Operating Cash Flow	$57.8M	↓ 10.89%
Investing Cash Flow	$-3.6M	↓ 155.69%
Financing Cash Flow	$-55.1M	↑ 22.56%

	Q1 FY25	Q/Q Change
Operating Cash Flow	$54.2M	↓ 6.17%
Investing Cash Flow	$-17.2M	↑ 381.23%
Financing Cash Flow	$-55.3M	↑ 0.36%

Innovative Industrial Properties Technicals Summary

Sell

Neutral

Buy

Innovative Industrial Properties is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Innovative Industrial Properties, Inc. Vs Peers

Returns

Ratio's

Overview

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Innovative Industrial Properties, Inc.	2.39%	-24.94%	-55.87%	-43.31%	-54.64%
Prologis, Inc.	2.31%	-7.02%	-12.88%	-14.38%	10.06%
Rexford Industrial Realty Inc	7.56%	0.42%	-22.31%	-37.98%	-27.29%
Lineage Inc	-7.06%	-25.57%	-53.15%	-50.23%	-50.23%
Public Storage	2.24%	-3.16%	-13.84%	-14.36%	42.22%
Extra Space Storage Inc.	-5.25%	-10.33%	-19.98%	-31.33%	34.23%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Innovative Industrial Properties, Inc.	11.25	11.25	0.0	3.8	0.07	0.04	0.14	65.8
Prologis, Inc.	29.22	29.22	0.54	2.74	0.06	0.02	0.04	56.75
Rexford Industrial Realty Inc	29.15	29.15	9.31	1.39	0.04	0.02	0.04	36.76
Lineage Inc	NA	NA	NA	-0.32	-0.08	0.0	0.05	37.76
Public Storage	31.24	31.24	11.23	9.95	0.19	0.07	0.04	28.63
Extra Space Storage Inc.	30.29	30.29	3.58	4.75	0.07	0.03	0.05	64.97

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Innovative Industrial Properties, Inc.	Buy	$1.5B	-54.64%	11.25	47.71%
Prologis, Inc.	Buy	$100.6B	10.06%	29.22	38.69%
Rexford Industrial Realty Inc	Buy	$9.6B	-27.29%	29.15	32.18%
Lineage Inc	NA	$9.8B	-50.23%	NA	-10.57%
Public Storage	Buy	$50.3B	42.22%	31.24	38.06%
Extra Space Storage Inc.	Hold	$30.8B	34.23%	30.29	28.77%

Innovative Industrial Properties Dividend announcements

Innovative Industrial Properties Dividends June, 2025
In the quarter ending June,2025. Innovative Industrial Properties has declared dividend of $1.90

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 leased to experienced, state-licensed operators for their regulated cannabis facilities.

Organization	Innovative Industrial Properties
Employees	23
CEO	Mr. Paul E. Smithers
Industry	Finance

Key Management of Innovative Industrial Properties, Inc.

Name	Title
Mr. Alan D. Gold	Executive Chairman
Mr. Paul E. Smithers	President, CEO & Director
Mr. David J. Smith	CFO & Treasurer
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

Important FAQs about investing in IIPR Stock from India :

What is Innovative Industrial Properties share price today?

Innovative Industrial Properties share price today is $54.95 as on August 23, 2025 at 1:29 AM IST at the close of the market. Innovative Industrial Properties share today touched a day high of $55.32 and a low of $52.74.

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 $138.35 and a 52 week low of $45.44. Innovative Industrial Properties stock price today i.e. August 23, 2025 at 1:29 AM IST is closed at $54.95, lower by 60.28% versus the 52 week high.

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

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 .
Step 2: Search for Innovative Industrial Properties on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Innovative Industrial Properties Shares that will get you 0.0273 shares as per Innovative Industrial Properties share price of $54.95 per share as on August 23, 2025 at 1:29 AM IST.

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 ₹87.521 or $1 (as of August 23, 2025) using the INDmoney app.
For example: If you want to invest $10 or ₹875.21 in Innovative Industrial Properties stock (as per the Rupee-Dollar exchange rate as on August 23, 2025). Based on Innovative Industrial Properties share’s latest price of $54.95 as on August 23, 2025 at 1:29 AM IST, you will get 0.1820 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 -54.64% share price returns and 18.0% 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?