Innovative Industrial Properties

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About IIPR

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc.

CEO

Paul E. Smithers

CEOPaul E. Smithers

Employees

Employees22

Headquarters

Park City, Utah

HeadquartersPark City, Utah

Founded

2016

Founded2016

Employees

Employees22

IIPR Key Statistics

Market cap

1.39B

Market cap1.39B

Price-Earnings ratio

11.77

Price-Earnings ratio11.77

Dividend yield

15.27%

Dividend yield15.27%

Average volume

308.39K

Average volume308.39K

High today

—

High today—

Low today

—

Low today—

Open price

$49.73

Open price$49.73

Volume

0.00

Volume0.00

52 Week high

$134.31

52 Week high$134.31

52 Week low

$45.44

52 Week low$45.44

Stock Snapshot

The current Innovative Industrial Properties(IIPR) stock price is $49.55, with a market capitalization of 1.39B. The stock trades at a price-to-earnings (P/E) ratio of 11.77 and offers a dividend yield of 15.3%.

During the trading day, Innovative Industrial Properties(IIPR) stock saw an opening price of $49.73, a peak of —, and a bottom of —.

Trading activity shows a volume of 0, compared to an average daily volume of 308.39K.

Over the past 52 weeks, Innovative Industrial Properties(IIPR) stock has traded between a high of $134.31 and a low of $45.44.

IIPR News

Simply Wall St 20h

Innovative Industrial Properties Is Down 6.8% After Revenue and Net Income Decline in Q3 2025 Has The Bull Case Changed?

Innovative Industrial Properties, Inc. reported third quarter 2025 results, showing a year-over-year decline in sales, revenue, and net income, with US$64.69 mi...

TipRanks 1d

Innovative Industrial Properties Invests $270M in IQHQ

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to...

TipRanks 2d

Innovative Industrial Properties reports Q3 FFO $1.71, consensus $1.71

Reports Q3 revenue $64.7M, consensus $63.9M. “We are pleased to have made our first investment outside of the cannabis industry during the third quarter with ou...

Analyst ratings

50%

of 6 ratings

Buy

16.7%

Hold

50%

Sell

33.3%

More IIPR News

Simply Wall St 3d

Assessing Innovative Industrial Properties’s Valuation After Koa Wealth Management’s Full Portfolio Exit

Koa Wealth Management recently sold its entire stake in Innovative Industrial Properties (IIPR), removing the cannabis-focused REIT from its portfolio. This dec...

The Motley Fool 7d

Koa Wealth Liquidates All 68K IIPR Shares Valued at $3.8 Million

Koa Wealth Management, LLC fully exited its position in Innovative Industrial Properties (IIPR 5.56%), selling all 68,221 shares for an estimated $3.77 million...