Back to Screener

Real Estate

Innovative Industrial Properties, Inc.(IIPR-PA)

Live Price

Offline

$23.72

-0.08% today

1Y Change

-0.13%

Window

Jun 25, 2025 โ†’ May 29, 2026

Market Cap
$47.56M
Revenue Growth
-13.8%
EPS Growth
-28.7%
Dividend Yield
14.0%

Coverage: 234 bars ยท Jun 25, 2025 โ†’ May 29, 2026

Research Briefing

A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.

Decision context

Research Snapshot

Innovative Industrial Properties, Inc. (IIPR-PA) is a Real Estate stock with a market cap of $47.56M and listed on NYSE. The stock last traded around $23.72 and down 0.1% across the available one-year price window (Jun 25, 2025 โ†’ May 29, 2026). Baseline metrics include revenue growth of -13.8%, EPS growth of -28.7%, a dividend yield of 14.0%. What stands out right now is revenue -13.8%, EPS -28.7%, free cash flow -32.4% with operating margin 46.8% and ROIC 228.5%. The dividend matters to the case here, with a current yield around 14.0%. Valuation is more restrained than many high-expectation growth names at P/E 12.8 and price/sales 5.7. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines IIPR-PA price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.

Sector Context

How this name stacks up against nearby peers on first-pass metrics.

Revenue Growth

Below sector median

-13.8% vs +11.4% peer median

Operating Margin

Below sector median

+46.8% vs +59.6% peer median

P/E

Below sector median

12.8 vs 19.5 peer median

What Changed This Quarter

Latest report context and the signals most likely to have changed the story.

Latest report is on the board

2026 was reported on May 13, 2026, but the surprise data is still limited.

The operating picture looks softer than before

Revenue is at -13.8% and EPS is at -28.7%, with operating margin around 46.8%.

Shareholder return is still part of the story

The stock is still offering a dividend yield around 14.0%, which matters if the thesis depends on income as much as growth.

Earnings Reaction Memory

How the stock has tended to move after recent reports.

Across the last 3 reported quarters, the stock averaged -0.2% over the next 5 trading days and finished higher after 1 of those reports.

View quarter-by-quarter reaction table
QuarterEPS ฮ”1D5D20D
2026
May 13, 2026
โ€”-0.6%-0.3%โ€”
2026
Feb 23, 2026
+0.9%+1.4%-0.7%-3.4%
2025
Nov 4, 2025
+15.2%+0.4%+0.5%-2.9%

Benchmark Edge

IIPR-PA vs SPY, QQQ, and Sector ETFs

Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.

Shared 1Y chart + MAX history table

IIPR-PA

โ€”

Normalized return

SPY

--

S&P 500

Excess Return

--

Relative to SPY

IIPR-PA Max Drawdown

-17.40%

Trailing 1Y

SPY Max Drawdown

โ€”

Trailing 1Y

Benchmark comparison is loading or unavailable right now.

Calendar-Year Returns

Uses the longest available daily history for IIPR-PA and SPY.

Calendar-year return history is still loading or unavailable.
Innovative Industrial Properties, Inc. logo

Company Overview

Innovative Industrial Properties, Inc.

New York Stock Exchange

Park City, UT, US
Visit innovativeindustrialproperties.comCall IR(858) 997-3332

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.

Leadership
Paul E. Smithers
IPO Date
Oct 24, 2017
Employees
22
Street Address
1389 Center Drive
Mailing
Park City, UT, 84098
Region
Park City, UT, US
Reporting Currency
USD
Investor Line
(858) 997-3332
Last Updated
Apr 30, 2026
CIK: 0001677576ISIN: US45781V2007
Reports in USDSEC Registered

Key Fundamentals

Valuation, growth, profitability, and balance sheet signals.

Valuation

P/E
12.8
EV/EBITDA
8.8
Price/Sales
5.7
Price/Book
0.8

Growth

Revenue
-13.8%
EPS
-28.7%
Free Cash Flow
-32.4%

Profitability

Gross Margin
74.7%
Operating Margin
46.8%
Net Margin
44.5%
ROE
6.3%
ROIC
228.5%

Balance Sheet

Debt/Equity
0.21
Current Ratio
0.15

Earnings Reports

๐Ÿ“… Last reportedMay 13, 2026
PeriodB/MEPSEPS ฮ”RevenueRev ฮ”
โ€”
May 13, 26
โ€”
Est 1.07
โ€”
โ€”
Est 65640.9B
โ€”
โ€”
Feb 23, 26
โœ“
1.06
Est 1.05
+0.9%
66657.0B
Est 65770.6B
+1.4%
โ€”
Nov 4, 25
โœ“
1.04
Est 0.90
+15.2%
64685.0B
Est 63670.2B
+1.6%
โ€”
Aug 4, 25
โœ“
0.92
Est 0.91
+0.7%
62891.0B
Est 65500.0B
-4.0%
โ€”
May 6, 25
โœ—
1.09
Est 1.15
-5.2%
71722.0B
Est 70788.9B
+1.3%
โ€”
Feb 19, 25
โœ“
1.40
Est 1.36
+2.9%
76744.0B
Est 76213.8B
+0.7%
โ€”
Nov 6, 24
โœ—
1.41
Est 1.45
-2.8%
76526.0B
Est 76277.7B
+0.3%
โ€”
Aug 5, 24
โœ“
1.47
Est 1.46
+0.7%
79793.0B
Est 77178.5B
+3.4%
โ€”
May 8, 24
โœ—
1.39
Est 1.43
-2.8%
75454.0B
Est 78320.8B
-3.7%
โ€”
Feb 27, 24
โœ“
1.47
Est 1.41
+4.3%
79156.0B
Est 76593.5B
+3.4%
โ€”
Nov 2, 23
โœ“
1.47
Est 1.42
+3.5%
77826.0B
Est 76371.7B
+1.9%
โ€”
Aug 3, 23
โœ“
1.46
Est 1.34
+9.0%
76457.0B
Est 73656.2B
+3.8%
โ€”
May 9, 23
1.46
Est โ€”
โ€”
76067.0B
Est โ€”
โ€”
โ€”
Feb 28, 23
1.47
Est โ€”
โ€”
70461.0B
Est โ€”
โ€”
โ€”
Nov 9, 22
1.32
Est โ€”
โ€”
70883.0B
Est โ€”
โ€”
โ€”
Aug 4, 22
1.41
Est โ€”
โ€”
70511.0B
Est โ€”
โ€”

Latest News

No news articles available

Official Releases

Company announcements and filings-style updates.

Official
No official releases available

Next Step

Keep the research moving

After the overview, the strongest next step is usually chart context or a tighter compare set.

Explore the advanced chart guideRead how to compare stocks