Innovative Industrial Properties, Inc. (IIPR)
Real Estate • REIT - Industrial
StockNYSEUnited StatesUS45781V1017
52.63 USD
-3.85% today Updated 12 Nov 2026 21:06
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Price history
Daily prices in USD. Dividends, results and news are marked on the day they happened; click a day to see them.
Updated 12 Nov 2026 21:06. Information, not advice. Showing the last 12 months. Create a free account to see the whole history
Results
Next results
22 Feb 2027
in 101 days · 16:00 · estimate 0.88
Last results
1.05 vs 0.83 estimated
02 Nov 2026 · Beat +26.1%
Beat the estimate
5 of 12
6 missed · 1 in line
Average surprise
+1.0%
reported against the estimate, last 12 quarters
Earnings per share: estimate and reported
Estimate Reported: beat Reported: miss In line
Quarterly results
| Date | EPS estimate | EPS reported | Surprise | Result |
|---|---|---|---|---|
| 22 Feb 2027 16:00 | 0.88 | — | — | Upcoming |
| 02 Nov 2026 16:00 | 0.83 | 1.05 | +26.1% | Beat |
| 03 Aug 2026 16:00 | 1.02 | 0.96 | -6.3% | Miss |
| 04 May 2026 17:00 | 1.07 | 1.04 | -2.7% | Miss |
| 23 Feb 2026 16:00 | 1.05 | 1.06 | +1.3% | Beat |
| 03 Nov 2025 17:00 | 0.90 | 0.97 | +7.4% | Beat |
| 06 Aug 2025 16:00 | 0.91 | 0.86 | -5.8% | Miss |
| 07 May 2025 16:00 | 1.17 | 1.03 | -11.8% | Miss |
| 19 Feb 2025 16:00 | 1.36 | 1.36 | 0.0% | In line |
| 06 Nov 2024 16:00 | 1.45 | 1.37 | -5.3% | Miss |
| 05 Aug 2024 16:00 | 1.30 | 1.44 | +10.6% | Beat |
| 08 May 2024 16:00 | 1.43 | 1.36 | -4.9% | Miss |
| 26 Feb 2024 16:00 | 1.41 | 1.45 | +3.0% | Beat |
| 01 Nov 2023 16:00 | 1.42 | 1.45 | +2.3% | Beat |
| 02 Aug 2023 16:00 | 1.40 | 1.44 | +3.0% | Beat |
| 08 May 2023 16:00 | 1.32 | 1.43 | +8.2% | Beat |
| 27 Feb 2023 17:00 | 1.29 | 1.33 | +3.7% | Beat |
| 02 Nov 2022 17:00 | 1.30 | 1.32 | +1.2% | Beat |
| 03 Aug 2022 18:00 | 1.36 | 1.42 | +4.1% | Beat |
| 04 May 2022 16:00 | 1.36 | 1.32 | -2.7% | Miss |
| 23 Feb 2022 16:00 | 1.25 | 1.14 | -8.4% | Miss |
| 03 Nov 2021 16:00 | 1.16 | 1.20 | +3.3% | Beat |
| 04 Aug 2021 16:00 | 1.11 | 1.17 | +5.0% | Beat |
| 05 May 2021 16:00 | 0.97 | 1.05 | +8.0% | Beat |
| 24 Feb 2021 16:00 | 1.04 | 0.91 | -12.7% | Miss |
| 04 Nov 2020 17:00 | 0.81 | 0.86 | +6.4% | Beat |
| 05 Aug 2020 16:00 | 0.75 | 0.73 | -3.0% | Miss |
| 06 May 2020 16:00 | 0.73 | 0.72 | -1.0% | Miss |
| 26 Feb 2020 20:00 | 0.61 | 0.78 | +27.9% | Beat |
| 06 Nov 2019 17:00 | 0.47 | 0.55 | +18.3% | Beat |
| 07 Aug 2019 16:00 | 0.30 | 0.30 | +1.7% | Beat |
| 08 May 2019 16:00 | 0.33 | 0.33 | 0.0% | In line |
| 13 Mar 2019 17:00 | 0.23 | 0.24 | +4.4% | Beat |
| 07 Nov 2018 17:00 | 0.22 | 0.21 | -4.6% | Miss |
| 10 Aug 2018 16:00 | 0.09 | 0.17 | +88.9% | Beat |
| 09 May 2018 16:00 | 0.11 | 0.09 | -18.2% | Miss |
| 28 Mar 2018 17:00 | 0.14 | 0.07 | -50.0% | Miss |
| 08 Nov 2017 17:00 | — | 0.09 | — | — |
| 09 Aug 2017 16:00 | 0.02 | -0.13 | -750.0% | Miss |
| 10 May 2017 16:00 | 0.01 | -0.18 | -1,900.0% | Miss |
Annual results · USD
| Year | Revenue | Change | Net income | Net margin | EPS | EPS change | Free cash flow |
|---|---|---|---|---|---|---|---|
| 2025 | 266M | -13.8% | 118.2M | 44.5% | 3.93 | -28.8% | 198.2M |
| 2024 | 308.5M | -0.3% | 161.7M | 52.4% | 5.52 | -4.3% | 258.4M |
| 2023 | 309.5M | +12.0% | 165.6M | 53.5% | 5.77 | +4.5% | 255.5M |
| 2022 | 276.4M | — | 154.4M | 55.9% | 5.52 | — | 234.1M |
Dates and earnings per share from the company reports as collected by the data provider; the estimate is the analysts' average before the report. Information, not advice.
Prices by day, week and month
| Period | Opening price | High | Low | Closing price | Change | Volume | Dividend |
|---|---|---|---|---|---|---|---|
| 12 Nov 2026 | 54.47 | 54.30 | 52.13 | 52.63 | -3.85% | 300,841 | |
| 11 Nov 2026 | 54.83 | 55.09 | 54.51 | 54.74 | -0.58% | 185,000 | |
| 10 Nov 2026 | 55.25 | 55.32 | 54.13 | 55.06 | -0.86% | 199,800 | |
| 09 Nov 2026 | 55.62 | 56.20 | 55.51 | 55.54 | +1.29% | 250,500 | |
| 06 Nov 2026 | 54.31 | 54.92 | 53.85 | 54.83 | -0.85% | 344,100 | |
| 05 Nov 2026 | 56.95 | 57.33 | 54.80 | 55.30 | -1.83% | 325,600 | |
| 04 Nov 2026 | 55.54 | 56.79 | 55.20 | 56.33 | +2.42% | 517,100 | |
| 03 Nov 2026 | 54.91 | 56.36 | 53.45 | 55.00 | +1.10% | 545,000 | |
| 02 Nov 2026 | 52.98 | 54.67 | 52.91 | 54.40 | +4.53% | 397,900 | |
| 30 Oct 2026 | 53.50 | 53.95 | 51.86 | 52.04 | -2.66% | 310,000 | |
| 1,254 older periods: create a free account to see the whole history | |||||||
Prices in USD, adjusted for splits but not for dividends. Weeks run Monday to Friday and months follow the calendar; the change compares each close with the previous period's. Dividends are those whose ex-dividend date falls in the period, per share. Information, not advice.
News
- Innovative Industrial: 3 Key Takeaways for Long-Term Investors (opens in a new tab) Motley Fool · 10 Nov 2026 18:20
- Innovative Industrial Properties (IIPR) Just Overtook the 200-Day Moving Average (opens in a new tab) Zacks · 10 Nov 2026 13:30
- Innovative Industrial Properties, Inc. Amends ATM Offering Program to Add 9.25% Series B Preferred Stock (opens in a new tab) Fintel · 09 Nov 2026 20:08
- Is Innovative Industrial Properties (IIPR) Stock Outpacing Its Finance Peers This Year? (opens in a new tab) Zacks · 09 Nov 2026 13:40
- Higher Net Income Could Reshape The Case For Innovative Industrial Properties Stock (opens in a new tab) Simply Wall St. · 07 Nov 2026 10:13
- Innovative Industrial Properties, Inc. Classifies Additional 16,100,000 Shares of 9.25% Series B Preferred Stock (opens in a new tab) Fintel · 06 Nov 2026 16:22
- Innovative Industrial Properties: Democratic Victories Offer Catalyst For 13% Yield (opens in a new tab) SeekingAlpha · 06 Nov 2026 10:37
- Innovative Industrial Properties: Leveraging Its Strong Balance Sheet For Massive Accretion (opens in a new tab) SeekingAlpha · 05 Nov 2026 22:41
- Innovative Industrial Properties: Improving AFFO Masks A Deteriorating Rental Business (opens in a new tab) SeekingAlpha · 05 Nov 2026 14:57
- IIPR.PR.B: A Fairly Priced Preferred Stock IPO From Innovative Industrial Properties (opens in a new tab) SeekingAlpha · 05 Nov 2026 11:19
- Innovative Industrial Properties Inc (IIPR) (Q3 2026) Earnings Call Highlights: Record Leasing ... (opens in a new tab) GuruFocus.com · 05 Nov 2026 07:03
- Piper Sandler Maintains Underweight on Innovative Ind Props, Raises Price Target to $46 (opens in a new tab) Benzinga · 04 Nov 2026 13:17
- Innovative Industrial Properties Q3 Earnings Call Highlights (opens in a new tab) MarketBeat · 03 Nov 2026 23:14
- Innovative Industrial (IIPR) Q3 2026 Earnings Call Transcript (opens in a new tab) Motley Fool · 03 Nov 2026 21:00
- Innovative Industrial Properties, Inc. (IIPR) Q3 2026 Earnings Call Transcript (opens in a new tab) SeekingAlpha · 03 Nov 2026 14:55
Headlines link to the original articles of the publishers shown; Kyvero does not write, check or endorse them. Only the most relevant news about each company is kept. Information, not advice.
Key data
- Previous close
- 54.74 USD
- Market cap
- 1.5B
- Dividend yield
- 14.34%
- 5-year average yield
- 7.33%
- Payout ratio
- 171%
- Last dividend
- 1.9000 USD · 30 Sep 2026
- Exchange
- NYSE
- Country
- United States
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Currency
- USD
Dividends
| Ex-dividend date | Per share |
|---|---|
| 30 Sep 2026 | 1.9000 USD |
| 30 Jun 2026 | 1.9000 USD |
| 31 Mar 2026 | 1.9000 USD |
| 31 Dec 2025 | 1.9000 USD |
| 8 older dividends: create a free account to see them | |
Why this score
| Part of the score | Points | Why |
|---|---|---|
| Yield Dividends per year as a share of today's price. Very high yields count for less: they often signal trouble. | 3.8 / 25 |
|
| Dividend safety Can the company keep paying? The dividend against free cash flow and earnings, plus debt and interest cover. | 18.3 / 25 |
|
| Dividend growth How many years in a row the dividend has risen, and how fast. | 12.8 / 15 |
|
| Quality Return on equity, net margin and how stable the margins are. | 7.6 / 15 |
|
| Valuation Free cash flow yield and the P/E against its sector. | 10.0 / 10 |
|
| Analysts How far the analysts' average target is from today's price. | 4.7 / 5 |
|
- Score capped at 50: a yield of 14% is more often a warning than a prize
- The dividend is not covered by free cash flow (payout 227% of it)
- Revenue has fallen two years in a row
Income profile: it pays a dividend, so it is scored mainly on the dividend and how safe it is. Based on 95% of the figures (grade A). Warnings take 12 points off.
Warnings take points off and some cap the score. In your account the score also considers how the share fits your portfolio. How the score works
Figures
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| P/E (trailing) | 11.86× | Good | 25.37× |
| P/E (forward) | 12× | Good | 23.6× |
| Price / book | 0.85× | Good | 1.48× |
| Price / sales | 5.5× | Weak | 5.48× |
| EV / EBITDA | 10.58× | Fair | 16.77× |
| Free cash flow yield | 6.7% | Good | 5.2% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Gross margin | 88.7% | Good | 62.4% |
| Operating margin | 47.8% | Good | 23.4% |
| Net margin | 53.2% | Good | 13.7% |
| Return on equity | 7.6% | Weak | 6.2% |
| Return on assets | 3.2% | Fair | 2.2% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Revenue growth / year | -1.3% | Weak | 5% |
| EPS growth / year | -10.7% | Weak | 2.5% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Debt / equity | 0.38× | Good | 0.89× |
| Net debt / EBITDA | 2.74× | Fair | 5.83× |
| Interest cover | 6.83× | Fair | 1.97× |
| Current ratio | 1.49× | Fair | 1.32× |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Payout of earnings | 171.2% | Weak | 104% |
| Payout of free cash flow | 227.1% | Weak | 66.7% |
| Payout of free cash flow (3 years) | 89.5% | Weak | — |
| Dividend growth / year | 30.2% | Good | 2.5% |
| Years of rising dividends | 7 | Fair | 1 |
The reading follows general rules of thumb and each sector has its own norms: compare with the sector median when it is shown. Information, not advice.
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