IIPR

Innovative Industrial Properties Inc. Common Stock (IIPR)

Stock · NYSE · Finance

$52.46as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 13, 2026

IIPR Issues Series B Preferred Stock, Piper Sandler Cuts Target. Innovative Industrial Properties launched a public offering of 9.25% Series B preferred stock, a move that may impact its valuation. Piper Sandler maintained an Underweight rating and lowered its price target to $44. The stock is currently trading near its 52-week low, reflecting broader caution in the REIT sector.

Active signals

Resistance level
$55.3
Industry
Real Estate

What IIPR's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike32-1.2%50%
Bollinger Band Breakdown22-2.5%36%
Bollinger Band Breakout22+1.7%59%
200-Day Moving Average TouchActive now12-2.8%42%
Any 20-session window (baseline)+0.2%52%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About IIPR

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry. As of June 30, 2026, we owned 108 properties comprising an aggregate of approximately 8.4 million rentable square feet in 19 states. Innovative Industrial Properties, Inc. was estab…

Sector
Finance
Industry
Real Estate
Employees
24

Fundamentals

1-day range
$51.97$53.2
Market cap
$1.61B
P/E (trailing)
10.60
P/E (forward)
12.12
EPS (trailing)
$4.78
Dividend yield
8.96%
Beta
1.39
Avg. volume
367.4K
Ex-dividend date
September 30, 2026
Dividend pay date
October 15, 2026
52-week range
$44.58$65.38
Next earnings: November 2, 2026 · EPS estimate $0.83confirmed

How Innovative Industrial Properties Inc. Common Stock Makes Money

Where the revenue actually goes — FY2025 annual results

market-wall.comTotalRevenue$265.95MNet Income$118.25M (44%)Other$113.97M (43%)SG&A$33.73M (13%)IIPR

Source: 10-K filed Feb 24, 2026 · via SEC EDGAR / Finnhub

Operating Income$124.12M(47%)

Forecasts

5 analyst ratings

Buy 9%
Hold 55%
Sell 36%
1-year price forecast
High
$90
+71.6%
Median
$57
+8.7%
Low
$44
-16.1%

Innovative Industrial Properties Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • IIPR
    Innovative Industrial Properties Inc. Common Stock
    $52.39
    ▼ 1.52%
    Market cap $1.61BP/E 10.60
    $44.58$65.38
  • EFC
    Ellington Financial Inc. Common Stock
    $11.65
    ▼ 2.10%
    Market cap $1.65BP/E 6.78
    $11.28$14.12
  • FOR
    Forestar Group Inc Common Stock
    $25.67
    ▼ 0.08%
    Market cap $1.49BP/E 7.41
    $22.81$32.06
  • OPI
    Office Properties Income Trust Common shares of beneficial interest
    $13.22
    ▼ 5.10%
    Market cap $1.79BP/E —
    $0.0001$27.8
  • MMI
    Marcus & Millichap Inc. Common Stock
    $28.04
    ▼ 0.81%
    Market cap $1.20BP/E 72.22
    $24.43$33.55
  • GTY
    Getty Realty Corporation Common Stock
    $28.38
    ▲ 0.28%
    Market cap $2.06BP/E 17.55
    $25.53$36.83
  • GOODN
    Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock
    $19.66
    ▼ 1.87%
    Market cap $1.14BP/E 25.37
    $10.33$13.28

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
74.0K
Disposed
611

Institutional Ownership

March 31, 2026

Total shares held
17.96M
Total value held
$869.45M
Institutional holders
298
Top holders this quarter
  • Unknown4.78M
  • Unknown1.59M
  • Unknown1.24M
  • Unknown573.6K
  • Unknown541.9K
  • Unknown539.6K
  • Unknown516.1K
  • Unknown500.0K
  • Unknown496.1K
  • Unknown489.2K

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