Inside the research
Innovative Industrial Properties, Inc.
IIPR Research profile · latest available data
Price overview
$55.52
▼ -0.07 (-0.1%)
| 52w hi | $64.67 |
|---|---|
| 52w lo | $40.04 |
| Vol | 322.90K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.08
| Short | +0.11 |
|---|---|
| Medium | +0.01 |
| Long | +0.13 |
computed 2026-09-27
Key fundamentals
Innovative Industrial Properties, Inc.
Real Estate · REIT - Industrial
| Market cap | $1.53B |
|---|---|
| Enterprise value | $2.06B |
| Trailing P/E | 12.56x |
| Forward P/E | 12.65x |
| EV / EBITDA | 10.19x |
| P / S (ttm) | 5.81x |
| Profit margin | 52.3% |
| Return on equity | 7.4% |
| Revenue growth | +0.7% |
| Earnings growth | +57.7% |
| Debt / equity | 32.89 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.31 | |
| Sector | -0.04 | |
| Technical | +0.04 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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 established on June 15th 2016 and is incorporated in Maryland.
Risk Metrics
| Beta vs SPX | 0.65 |
|---|---|
| Corr SPX | 0.24 |
| Annual vol | 43.0% |
| Annual ret | -34.9% |
| Sharpe | -0.81 |
| Max DD | -67.4% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-03 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-21 | Other Material Event, Exhibits | read |
| 2026-06-15 | Material Agreement, Material Obligation… | read |
| 2026-06-11 | Reg FD Disclosure, Other Material Event… | read |
| 2026-06-09 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-22 | Material Agreement, Material Obligation… | read |
| 2026-05-20 | Material Agreement, Material Obligation… | read |
| 2026-05-19 | Material Agreement, Material Obligation… | read |
| 2026-05-06 | Material Agreement, Material Obligation… | read |
| 2026-05-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-29 | Material Agreement, Material Obligation… | read |
| 2026-04-10 | Officer / Director Change | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-19 | Smith David Jon | Officer, CFO AND TREASURE | Grant | 9.22K | — |
| 2026-06-19 | Smithers Paul E. | Director, Officer, PRESID | Grant | 22.30K | — |
| 2026-06-09 | Ives Bruce Alan | Director | Grant | 2.65K | — |
| 2026-01-20 | Smithers Paul E. | Director, Officer, PRESID | Grant | 47.64K | — |
| 2026-01-20 | Smith David Jon | Officer, CFO AND TREASURE | Grant | 20.06K | — |
| 2026-01-02 | Shoemaker Scott | Director | Option exercise | 911 | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
SEC Filings
The Long Run
FY 2016–2025 · 10 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $265.95M | +51.1% | |
| Operating income | $168.34M | +63.7% | |
| Net income | $161.66M | +56.6% | |
| Cash from ops | $255.54M | +87.2% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $55.59 | $56.06 | $55.26 | $55.52 | 322.90K |
| Sep 24 | $55.31 | $55.92 | $55.05 | $55.59 | 370.10K |
| Sep 23 | $56.75 | $56.75 | $55.21 | $55.28 | 417.70K |
| Sep 22 | $56.62 | $56.99 | $55.90 | $56.74 | 347.90K |
| Sep 21 | $55.62 | $56.31 | $55.44 | $56.16 | 439.70K |
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