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
22
Employees22
Headquarters
Park City, Utah
HeadquartersPark City, Utah
Founded
2016
Founded2016
Employees
22
Employees22

IIPR Key Statistics

Market cap
1.59B
Market cap1.59B
Price-Earnings ratio
13.42
Price-Earnings ratio13.42
Dividend yield
13.39%
Dividend yield13.39%
Average volume
354.77K
Average volume354.77K
High today
$58.37
High today$58.37
Low today
$54.00
Low today$54.00
Open price
$55.34
Open price$55.34
Volume
1.24M
Volume1.24M
52 Week high
$104.93
52 Week high$104.93
52 Week low
$44.58
52 Week low$44.58

Stock Snapshot

As of today, Innovative Industrial Properties(IIPR) shares are valued at $57.37. The company's market cap stands at 1.59B, with a P/E ratio of 13.42 and a dividend yield of 13.4%.

As of 2025-12-14, Innovative Industrial Properties(IIPR) stock has fluctuated between $54.00 and $58.37. The current price stands at $57.37, placing the stock +6.2% above today's low and -1.7% off the high.

Innovative Industrial Properties(IIPR) shares are trading with a volume of 1.24M, against a daily average of 354.77K.

In the last year, Innovative Industrial Properties(IIPR) shares hit a 52-week high of $104.93 and a 52-week low of $44.58.

In the last year, Innovative Industrial Properties(IIPR) shares hit a 52-week high of $104.93 and a 52-week low of $44.58.

IIPR News

Nasdaq 2d
Innovative Industrial Properties Shares Cross Above 200 DMA

In trading on Friday, shares of Innovative Industrial Properties Inc (Symbol: IIPR) crossed above their 200 day moving average of $55.27, changing hands as high...

Innovative Industrial Properties Shares Cross Above 200 DMA
Simply Wall St 3d
How Investors May Respond To Innovative Industrial Properties Rising Tenant Defaults Tightening Dividend Coverage

In recent months, Innovative Industrial Properties has contended with rising tenant defaults that are pressuring funds-from-operations and pushing its dividend...

How Investors May Respond To Innovative Industrial Properties Rising Tenant Defaults Tightening Dividend Coverage
Simply Wall St 4d
Innovative Industrial Properties Valuation Check as Tenant Defaults Challenge Dividend Sustainability

Innovative Industrial Properties (IIPR) is back in focus after fresh analysis highlighted its fragile balance between tenant defaults and a deliberately high FF...

Innovative Industrial Properties Valuation Check as Tenant Defaults Challenge Dividend Sustainability

Analyst ratings

50%

of 6 ratings
Buy
16.7%
Hold
50%
Sell
33.3%
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