Innovative Industrial Properties, Inc. (IIPR)Real Estate | REIT - Industrial | San Diego, United States | NYSE
52.94 USD
+0.95
(1.827%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 52.89 -0.05 (-0.050%) ⇩ (April 17, 2026, 4:31 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 2:58 p.m. EDT
Innovative Industrial Properties (IIPR) presents a mixed picture for investors. The high dividend yield and consistent dividend payouts make it an attractive option for income-focused investors, but the payout ratio is above 1, indicating that the company may be paying out more than it earns, which could be a risk. The short-term price movement has been volatile, with recent dips and rebounds, suggesting that there could be opportunities for short-term traders looking to capitalize on momentum or a buy-the-dip strategy. However, the long-term fundamentals are somewhat concerning, with a high debt-to-equity ratio and a low current ratio, which could limit the company's ability to sustain growth. Overall, while the dividend is a strong point, the overall risk profile and financial health of the company make it a cautious long-term investment. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.065677 |
| AutoARIMA | 0.065678 |
| MSTL | 0.066859 |
| AutoTheta | 0.071995 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 3.51 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.156 |
| Excess Kurtosis | -0.82 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-03-30 |
| Last Dividend Date | 2026-03-30 |
| Debt to Equity Ratio | 21.303 |
| Revenue per Share | 9.497 |
| Market Cap | 1,489,512,704 |
| Trailing P/E | 13.47 |
| Forward P/E | 11.05 |
| Beta | 1.47 |
| Profit Margins | 44.46% |
| Website | https://www.innovativeindustrialproperties.com |
As of April 11, 2026, 2:58 p.m. EDT: Options speculators are showing mixed signals. The recent options activity indicates a potential for volatility, with significant open interest and volume in both calls and puts. The presence of high open interest in out-of-the-money (OTM) puts suggests some bearish sentiment, while the OTM calls show bullish positioning. However, the ATM strikes are showing a balance, which could imply uncertainty about the immediate direction of the stock. The overall pattern suggests that there may be a potential for short-term price movements, but the market is not clearly trending in one direction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 3.79% | 15.64% | 12.66% | 10.65% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-31 | 1.90 | 3.787879 |
| 2025-12-31 | 1.90 | 4.167831 |
| 2025-09-30 | 1.90 | 3.830063 |
| 2025-06-30 | 1.90 | 3.849313 |
| 2025-03-31 | 1.90 | 4.064943 |
| 2024-12-31 | 1.90 | 3.400768 |
| 2024-09-30 | 1.90 | 1.732616 |
| 2024-06-28 | 1.90 | 2.165527 |
| 2024-03-27 | 1.82 | 2.209313 |
| 2023-12-28 | 1.82 | 2.282069 |
| 2023-09-28 | 1.80 | 3.222799 |
| 2023-06-29 | 1.80 | 3.255005 |
| 2023-03-30 | 1.80 | 3.325584 |
| 2022-12-29 | 1.80 | 2.493579 |
| 2022-09-29 | 1.80 | 2.933584 |
| 2022-06-29 | 1.75 | 2.314941 |
| 2022-03-30 | 1.75 | 1.269212 |
| 2021-12-30 | 1.50 | 0.861199 |
| 2021-09-29 | 1.50 | 0.978211 |
| 2021-06-29 | 1.40 | 1.095098 |
| 2021-03-30 | 1.32 | 1.141397 |
| 2020-12-30 | 1.24 | 1.039652 |
| 2020-09-29 | 1.17 | 1.454302 |
| 2020-06-29 | 1.06 | 1.834549 |
| 2020-03-30 | 1.00 | 1.976675 |
| 2019-12-30 | 1.00 | 2.183504 |
| 2019-09-27 | 0.78 | 1.324009 |
| 2019-06-27 | 0.60 | 0.821410 |
| 2019-03-28 | 0.45 | 0.874849 |
| 2018-12-28 | 0.35 | 1.262277 |
| 2018-09-27 | 0.35 | 1.254455 |
| 2018-06-28 | 0.25 | 1.188908 |
| 2018-03-28 | 0.25 | 1.607210 |
| 2017-12-28 | 0.25 | 1.491318 |
| 2017-09-28 | 0.15 | 1.406073 |
| 2017-06-28 | 0.15 | 1.543564 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.015231371 |
| Address1 | 11,440 West Bernardo Court |
| Address2 | Suite 100 |
| All Time High | 288.016 |
| All Time Low | 14.5 |
| Ask | 53.3 |
| Ask Size | 100 |
| Audit Risk | 8 |
| Average Daily Volume10 Day | 273,070 |
| Average Daily Volume3 Month | 300,081 |
| Average Volume | 300,081 |
| Average Volume10Days | 273,070 |
| Beta | 1.471 |
| Bid | 53.03 |
| Bid Size | 300 |
| Board Risk | 8 |
| Book Value | 64.241 |
| City | San Diego |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 52.94 |
| Current Ratio | 0.227 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 53.5 |
| Day Low | 52.1436 |
| Debt To Equity | 21.303 |
| Display Name | Innovative Industrial Properties |
| Dividend Date | 1,776,211,200 |
| Dividend Rate | 7.6 |
| Dividend Yield | 14.62 |
| Earnings Call Timestamp End | 1,771,952,400 |
| Earnings Call Timestamp Start | 1,771,952,400 |
| Earnings Growth | -0.221 |
| Earnings Quarterly Growth | -0.204 |
| Earnings Timestamp | 1,771,880,400 |
| Earnings Timestamp End | 1,778,097,600 |
| Earnings Timestamp Start | 1,778,097,600 |
| Ebitda | 204,051,008 |
| Ebitda Margins | 0.76724 |
| Enterprise To Ebitda | 9.099 |
| Enterprise To Revenue | 6.981 |
| Enterprise Value | 1,856,638,592 |
| Eps Current Year | 4.3 |
| Eps Forward | 4.79 |
| Eps Trailing Twelve Months | 3.93 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,774,915,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 50.8712 |
| Fifty Day Average Change | 2.068798 |
| Fifty Day Average Change Percent | 0.040667374 |
| Fifty Two Week Change Percent | 1.5231371 |
| Fifty Two Week High | 59.83 |
| Fifty Two Week High Change | -6.890003 |
| Fifty Two Week High Change Percent | -0.11515967 |
| Fifty Two Week Low | 44.58 |
| Fifty Two Week Low Change | 8.359997 |
| Fifty Two Week Low Change Percent | 0.18752795 |
| Fifty Two Week Range | 44.58 - 59.83 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,480,602,600,000 |
| Five Year Avg Dividend Yield | 8.15 |
| Float Shares | 27,590,311 |
| Forward Eps | 4.79 |
| Forward P E | 11.052192 |
| Free Cashflow | 155,221,504 |
| Full Exchange Name | NYSE |
| Full Time Employees | 23 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.88653 |
| Gross Profits | 235,778,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.018099999 |
| Held Percent Institutions | 0.71446997 |
| Implied Shares Outstanding | 28,135,866 |
| Industry | REIT - Industrial |
| Industry Disp | REIT - Industrial |
| Industry Key | reit-industrial |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,774,915,200 |
| Last Dividend Value | 1.9 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland, USA. |
| Long Name | Innovative Industrial Properties, Inc. |
| Market | us_market |
| Market Cap | 1,489,512,704 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_405051319 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 111,448,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,462,783,621 |
| Number Of Analyst Opinions | 4 |
| Open | 52.43 |
| Operating Cashflow | 198,188,992 |
| Operating Margins | 0.51277 |
| Overall Risk | 9 |
| Payout Ratio | 1.9338001 |
| Phone | 858 997 3332 |
| Post Market Change | -0.049999237 |
| Post Market Change Percent | -0.0944451 |
| Post Market Price | 52.89 |
| Post Market Time | 1,776,457,860 |
| Previous Close | 51.99 |
| Price Eps Current Year | 12.311627 |
| Price Hint | 2 |
| Price To Book | 0.82408434 |
| Price To Sales Trailing12 Months | 5.6006193 |
| Profit Margins | 0.44461 |
| Quick Ratio | 0.168 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.949997 |
| Regular Market Change Percent | 1.82727 |
| Regular Market Day High | 53.5 |
| Regular Market Day Low | 52.1436 |
| Regular Market Day Range | 52.1436 - 53.5 |
| Regular Market Open | 52.43 |
| Regular Market Previous Close | 51.99 |
| Regular Market Price | 52.94 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 290,742 |
| Return On Assets | 0.03421 |
| Return On Equity | 0.0625 |
| Revenue Growth | -0.131 |
| Revenue Per Share | 9.497 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 28,135,865 |
| Shares Percent Shares Out | 0.12020001 |
| Shares Short | 3,382,819 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 3,238,097 |
| Short Name | Innovative Industrial Propertie |
| Short Percent Of Float | 0.1857 |
| Short Ratio | 11.72 |
| Source Interval | 15 |
| State | CA |
| Symbol | IIPR |
| Target High Price | 90.0 |
| Target Low Price | 45.0 |
| Target Mean Price | 58.75 |
| Target Median Price | 50.0 |
| Total Cash | 47,597,000 |
| Total Cash Per Share | 1.692 |
| Total Debt | 393,672,000 |
| Total Revenue | 265,955,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 7.6 |
| Trailing Annual Dividend Yield | 0.14618196 |
| Trailing Eps | 3.93 |
| Trailing P E | 13.470737 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 52.131 |
| Two Hundred Day Average Change | 0.8089981 |
| Two Hundred Day Average Change Percent | 0.015518561 |
| Type Disp | Equity |
| Volume | 290,742 |
| Website | https://www.innovativeindustrialproperties.com |
| Zip | 92,127 |