Innovative Industrial Properties Stock Analysis

IIPR Stock  USD 48.25  0.07  0.14%   
Below is the normalized historical share price chart for Innovative Industrial Properties extending back to December 01, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Innovative Industrial stands at 48.25, as last reported on the 2nd of February, with the highest price reaching 48.93 and the lowest price hitting 47.89 during the day.
IPO Date
1st of December 2016
200 Day MA
53.3054
50 Day MA
50.4376
Beta
1.482
 
Covid
 
Interest Hikes
Innovative Industrial holds a debt-to-equity ratio of 0.153. At this time, Innovative Industrial's Debt To Equity is relatively stable compared to the past year. As of 02/02/2026, Debt To Assets is likely to grow to 0.14, while Net Debt is likely to drop slightly above 95.2 M. Innovative Industrial's financial risk is the risk to Innovative Industrial stockholders that is caused by an increase in debt.

Asset vs Debt

Equity vs Debt

Innovative Industrial's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Innovative Industrial's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Innovative Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Innovative Industrial's stakeholders.
For most companies, including Innovative Industrial, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Innovative Industrial Properties, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Innovative Industrial's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
0.7464
Enterprise Value Ebitda
7.8656
Price Sales
4.9053
Shares Float
27.5 M
Dividend Share
7.6
At this time, Innovative Industrial's Common Stock Total Equity is relatively stable compared to the past year. As of 02/02/2026, Stock Based Compensation is likely to grow to about 20.9 M, while Total Stockholder Equity is likely to drop slightly above 1.2 B. . At this time, Innovative Industrial's Price Earnings Ratio is relatively stable compared to the past year. As of 02/02/2026, Price Book Value Ratio is likely to grow to 1.29, though Price Earnings To Growth Ratio is likely to grow to (3.08).
Innovative Industrial Properties is undervalued with Real Value of 53.07 and Target Price of 57.25. The main objective of Innovative Industrial stock analysis is to determine its intrinsic value, which is an estimate of what Innovative Industrial Properties is worth, separate from its market price. There are two main types of Innovative Industrial's stock analysis: fundamental analysis and technical analysis.
The Innovative Industrial stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Innovative Industrial is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day ( substitute day ), Independence Day. Innovative Stock trading window is adjusted to America/New York timezone.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Industrial Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Innovative Stock Analysis Notes

About 69.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.75. Some equities with similar Price to Book (P/B) outperform the market in the long run. Innovative Industrial last dividend was issued on the 31st of December 2025. 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. Innovative Industrial operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 22 people. To learn more about Innovative Industrial Properties call Paul Smithers at 858 997 3332 or check out https://www.innovativeindustrialproperties.com.

Innovative Industrial Quarterly Total Revenue

64.69 Million

Innovative Industrial Investment Alerts

Innovative Industrial is unlikely to experience financial distress in the next 2 years
Innovative Industrial has a strong financial position based on the latest SEC filings
About 69.0% of the company shares are owned by institutional investors
On 15th of January 2026 Innovative Industrial paid $ 1.9 per share dividend to its current shareholders
Latest headline from news.google.com: Innovative Industrial Properties Declines More Than Market Some Information for Investors - Yahoo Finance

Innovative Largest EPS Surprises

Earnings surprises can significantly impact Innovative Industrial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-08-10
2018-06-300.140.170.0321 
2018-03-28
2017-12-310.030.070.04133 
2017-11-08
2017-09-300.040.090.05125 
View All Earnings Estimates

Innovative Industrial Environmental, Social, and Governance (ESG) Scores

Innovative Industrial's ESG score is a quantitative measure that evaluates Innovative Industrial's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Innovative Industrial's operations that may have significant financial implications and affect Innovative Industrial's stock price as well as guide investors towards more socially responsible investments.

Innovative Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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
Note, although Innovative Industrial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Innovative Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B.

Innovative Profitablity

The company has Profit Margin (PM) of 0.46 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.45 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.45.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 
Return On Capital Employed 0.07  0.07 
Return On Assets 0.06  0.06 
Return On Equity 0.08  0.08 

Management Efficiency

Innovative Industrial has return on total asset (ROA) of 0.0366 % which means that it generated a profit of $0.0366 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0664 %, meaning that it created $0.0664 on every $100 dollars invested by stockholders. Innovative Industrial's management efficiency ratios could be used to measure how well Innovative Industrial manages its routine affairs as well as how well it operates its assets and liabilities. As of 02/02/2026, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.07. At this time, Innovative Industrial's Debt To Assets are relatively stable compared to the past year. As of 02/02/2026, Fixed Asset Turnover is likely to grow to 308.19, while Non Current Assets Total are likely to drop slightly above 1.4 B.
Last ReportedProjected for Next Year
Book Value Per Share 61.73  47.07 
Tangible Book Value Per Share 61.50  46.96 
Enterprise Value Over EBITDA 9.40  8.93 
Price Book Value Ratio 0.87  1.29 
Enterprise Value Multiple 9.40  8.93 
Price Fair Value 0.87  1.29 
Enterprise Value2.7 B1.7 B
Effective leadership at Innovative Industrial drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield
0.1567
Operating Margin
0.4547
Profit Margin
0.458
Forward Dividend Yield
0.1567
Beta
1.482

Technical Drivers

As of the 2nd of February, Innovative Industrial retains the Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.07), and Standard Deviation of 2.65. 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 48.25 per share. Given that Innovative Industrial Properties has information ratio of (0.04), 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 Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Innovative Industrial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Innovative Industrial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Innovative Industrial Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Innovative Industrial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Innovative Industrial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Innovative Industrial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Innovative Industrial Outstanding Bonds

Innovative Industrial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Innovative Industrial uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Innovative bonds can be classified according to their maturity, which is the date when Innovative Industrial Properties has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Innovative Industrial Predictive Daily Indicators

Innovative Industrial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Innovative Industrial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Innovative Industrial Corporate Filings

F4
21st of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
6th of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
5th of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
30th of December 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
25th of November 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
20th of November 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
4th of November 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
9th of October 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Innovative Industrial Forecast Models

Innovative Industrial's time-series forecasting models are one of many Innovative Industrial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Innovative Industrial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Innovative Industrial Bond Ratings

Innovative Industrial Properties financial ratings play a critical role in determining how much Innovative Industrial have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Innovative Industrial's borrowing costs.
Piotroski F Score
7
StrongView
Beneish M Score
(12.39)
Unlikely ManipulatorView

Innovative Industrial Debt to Cash Allocation

Many companies such as Innovative Industrial, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Innovative Industrial Properties currently holds 297.87 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Innovative Industrial has a current ratio of 1.11, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Innovative Industrial's use of debt, we should always consider it together with its cash and equity.

Innovative Industrial Common Stock Shares Outstanding Over Time

Innovative Industrial Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Innovative Industrial uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Innovative Industrial Debt Ratio

    
  14.0   
It seems most of the Innovative Industrial's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Innovative Industrial's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Innovative Industrial, which in turn will lower the firm's financial flexibility.

Innovative Industrial Corporate Bonds Issued

Innovative Short Long Term Debt Total

Short Long Term Debt Total

254.67 Million

At this time, Innovative Industrial's Short and Long Term Debt Total is relatively stable compared to the past year.

About Innovative Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Innovative Industrial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Innovative shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Innovative Industrial. By using and applying Innovative Stock analysis, traders can create a robust methodology for identifying Innovative entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.47  0.50 
Operating Profit Margin 0.49  0.52 
Net Profit Margin 0.47  0.50 
Gross Profit Margin 0.82  0.74 

Current Innovative Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Innovative analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Innovative analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceConsensus# of Analysts
57.25Hold6Odds
Innovative Industrial Properties current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Innovative analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Innovative stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Innovative Industrial, talking to its executives and customers, or listening to Innovative conference calls.
Innovative Analyst Advice Details

Innovative Stock Analysis Indicators

Innovative Industrial Properties stock analysis indicators help investors evaluate how Innovative Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Innovative Industrial shares will generate the highest return on investment. By understating and applying Innovative Industrial stock analysis, traders can identify Innovative Industrial position entry and exit signals to maximize returns.
Begin Period Cash Flow141.7 M
Long Term Debt297.9 M
Common Stock Shares Outstanding28.5 M
Total Stockholder Equity1.9 B
Total Cashflows From Investing Activities-56 M
Quarterly Earnings Growth Y O Y-0.292
Property Plant And Equipment Net946 K
Cash And Short Term Investments146.2 M
Cash146.2 M
Accounts Payable20.8 M
Net Debt151.6 M
50 Day M A50.4376
Total Current Liabilities132.8 M
Other Operating Expenses140.2 M
Non Current Assets Total2.2 B
Forward Price Earnings11.3766
Non Currrent Assets Other2.2 B
Stock Based Compensation17.3 M

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.