Innovative Industrial Properties Stock Net Income

IIPR Stock  USD 47.86  0.90  1.85%   
As of the 29th of January, Innovative Industrial retains the Risk Adjusted Performance of (0.01), standard deviation of 2.65, and Market Risk Adjusted Performance of (0.08). Innovative Industrial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Innovative Industrial variance and potential upside to decide if Innovative Industrial is priced fairly, providing market reflects its last-minute price of 47.86 per share. Given that Innovative Industrial Properties has information ratio of (0.05), we strongly advise you to confirm Innovative Industrial's regular market performance to make sure the company can sustain itself at a future point.

Innovative Industrial Total Revenue

372.53 Million

Innovative Industrial's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Innovative Industrial's valuation are provided below:
Gross Profit
246.2 M
Profit Margin
0.458
Market Capitalization
1.4 B
Enterprise Value Revenue
6.2218
Revenue
276 M
There are over one hundred nineteen available fundamental trends for Innovative Industrial, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to confirm Innovative Industrial's regular fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 01/29/2026, Market Cap is likely to drop to about 1.5 B. In addition to that, Enterprise Value is likely to drop to about 1.7 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income From Continuing Ops185.9 M195.2 M
Net Income Applicable To Common Shares181.2 M190.3 M
Net Income185.9 M195.2 M
Net Income Per Share 5.15  5.41 
Net Income Per E B T 0.90  0.80 
At this time, Innovative Industrial's Net Income From Continuing Ops is relatively stable compared to the past year. As of 01/29/2026, Net Income Applicable To Common Shares is likely to grow to about 190.3 M, while Net Income Per E B T is likely to drop 0.80.
  
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Latest Innovative Industrial's Net Income Growth Pattern

Below is the plot of the Net Income of Innovative Industrial Properties over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Innovative Industrial financial statement analysis. It represents the amount of money remaining after all of Innovative Industrial Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Innovative Industrial's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovative Industrial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 161.66 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Innovative Net Income Regression Statistics

Arithmetic Mean64,611,015
Geometric Mean17,080,096
Coefficient Of Variation120.62
Mean Deviation69,434,554
Median6,985,000
Standard Deviation77,930,714
Sample Variance6073.2T
Range199.6M
R-Value0.89
Mean Square Error1317.8T
R-Squared0.80
Slope13,773,688
Total Sum of Squares97171.1T

Innovative Net Income History

2026195.2 M
2025185.9 M
2024161.7 M
2023165.6 M
2022154.4 M
2021114 M
202065.7 M

Other Fundumenentals of Innovative Industrial

Innovative Industrial Net Income component correlations

Innovative Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Innovative Industrial is extremely important. It helps to project a fair market value of Innovative Stock properly, considering its historical fundamentals such as Net Income. Since Innovative Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innovative Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innovative Industrial's interrelated accounts and indicators.
Can Diversified REITs industry sustain growth momentum? Does Innovative have expansion opportunities? Factors like these will boost the valuation of Innovative Industrial. Market participants price Innovative higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Innovative Industrial demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.29)
Dividend Share
7.6
Earnings Share
4.23
Revenue Per Share
9.827
Quarterly Revenue Growth
(0.15)
The market value of Innovative Industrial is measured differently than its book value, which is the value of Innovative that is recorded on the company's balance sheet. Investors also form their own opinion of Innovative Industrial's value that differs from its market value or its book value, called intrinsic value, which is Innovative Industrial's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Innovative Industrial's market value can be influenced by many factors that don't directly affect Innovative Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovative Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovative Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Innovative Industrial's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Innovative Industrial 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Innovative Industrial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Innovative Industrial.
0.00
10/31/2025
No Change 0.00  0.0 
In 2 months and 31 days
01/29/2026
0.00
If you would invest  0.00  in Innovative Industrial on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Innovative Industrial Properties or generate 0.0% return on investment in Innovative Industrial over 90 days. Innovative Industrial is related to or competes with Apollo Commercial, Ellington Financial, KKR Real, Ladder Capital, TPG RE, EPR Properties, and Veris Residential. Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and ... More

Innovative Industrial Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Innovative Industrial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Innovative Industrial Properties upside and downside potential and time the market with a certain degree of confidence.

Innovative Industrial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovative Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovative Industrial's standard deviation. In reality, there are many statistical measures that can use Innovative Industrial historical prices to predict the future Innovative Industrial's volatility.
Hype
Prediction
LowEstimatedHigh
45.2047.8650.52
Details
Intrinsic
Valuation
LowRealHigh
46.0448.7051.36
Details
Naive
Forecast
LowNextHigh
47.7950.4553.10
Details
6 Analysts
Consensus
LowTargetHigh
52.1057.2563.55
Details

Innovative Industrial January 29, 2026 Technical Indicators

Innovative Industrial Backtested Returns

Currently, Innovative Industrial Properties is very steady. Innovative Industrial holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Innovative Industrial, which you can use to evaluate the volatility of the firm. Please check out Innovative Industrial's Market Risk Adjusted Performance of (0.08), risk adjusted performance of (0.01), and Standard Deviation of 2.65 to validate if the risk estimate we provide is consistent with the expected return of 0.0215%. The company retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovative Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovative Industrial is expected to be smaller as well. Innovative Industrial right now retains a risk of 2.68%. Please check out Innovative Industrial potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Innovative Industrial will be following its current trending patterns.

Auto-correlation

    
  0.04  

Virtually no predictability

Innovative Industrial Properties has virtually no predictability. Overlapping area represents the amount of predictability between Innovative Industrial time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovative Industrial price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Innovative Industrial price fluctuation can be explain by its past prices.
Correlation Coefficient0.04
Spearman Rank Test-0.07
Residual Average0.0
Price Variance5.02
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Innovative Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(26,460)

At this time, Innovative Industrial's Accumulated Other Comprehensive Income is relatively stable compared to the past year.
Based on the recorded statements, Innovative Industrial Properties reported net income of 161.66 M. This is 35.1% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The net income for all United States stocks is 71.69% higher than that of the company.

Innovative Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovative Industrial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovative Industrial could also be used in its relative valuation, which is a method of valuing Innovative Industrial by comparing valuation metrics of similar companies.
Innovative Industrial is currently under evaluation in net income category among its peers.

Innovative Industrial Current Valuation Drivers

We derive many important indicators used in calculating different scores of Innovative Industrial from analyzing Innovative Industrial's financial statements. These drivers represent accounts that assess Innovative Industrial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Innovative Industrial's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap3.6B6.3B2.8B2.8B2.5B1.5B
Enterprise Value3.6B6.5B3.0B3.0B2.7B1.7B

Innovative Industrial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Innovative Industrial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Innovative Industrial's managers, analysts, and investors.
Environmental
Governance
Social

Innovative Industrial Institutional Holders

Institutional Holdings refers to the ownership stake in Innovative Industrial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Innovative Industrial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Innovative Industrial's value.
Shares
Millennium Management Llc2025-06-30
240.8 K
Alphacore Capital Llc2025-06-30
209.6 K
Goldman Sachs Group Inc2025-06-30
203.4 K
Legal & General Group Plc2025-06-30
193 K
Pacer Advisors, Inc.2025-06-30
183.4 K
Jpmorgan Chase & Co2025-06-30
178.3 K
Principal Financial Group Inc2025-06-30
173.7 K
Thrivent Financial For Lutherans2025-06-30
156.9 K
Edgestream Partners, L.p.2025-06-30
146.7 K
Blackrock Inc2025-06-30
4.7 M
Vanguard Group Inc2025-06-30
4.4 M

Innovative Fundamentals

About Innovative Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovative Industrial Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovative Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovative Industrial Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Innovative Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovative Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovative Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Innovative Stock

  0.66AHH Armada Hflr PrPairCorr
The ability to find closely correlated positions to Innovative Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovative Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovative Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovative Industrial Properties to buy it.
The correlation of Innovative Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovative Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovative Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovative Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Innovative Stock Analysis

When running Innovative Industrial's price analysis, check to measure Innovative Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.