Valuation: Innovative Industrial Properties, Inc.

Market Cap 1.45B 1.29B 1.2B 1.08B 2.04B 137B 2.06B 14.34B 5.63B 71.91B 5.44B 5.33B 229B P/E 2026 *
12.4x
P/E 2027 * 11.8x
Enterprise Value 1.87B 1.67B 1.54B 1.4B 2.63B 176B 2.66B 18.48B 7.25B 92.69B 7.01B 6.86B 295B EV / Sales 2026 *
7.32x
EV / Sales 2027 * 7.22x
Free-Float
98.02%
Yield 2026 *
14.5%
Yield 2027 * 14.5%
1 week 24.06
Extreme 24.06
24.5
1 month 24.06
Extreme 24.06
24.5
Current year 24.06
Extreme 24.06
24.5
1 year 24.06
Extreme 24.06
24.5
3 years 24.06
Extreme 24.06
24.5
5 years 24.06
Extreme 24.06
24.5
10 years 24.06
Extreme 24.06
24.5
Manager TitleAgeSince
Chief Executive Officer 69 15/06/2016
Director of Finance/CFO 45 29/03/2023
Director of Finance/CFO - 01/01/2017
Director TitleAgeSince
Chairman 65 15/06/2016
Director/Board Member 69 15/06/2016
Director/Board Member 59 01/11/2016
Change 5-day change 1-year change 3-year change Capi.($)
-0.78%0.00% - - 1.45B
+0.10%-2.19%+1.28%+24.57% 121B
-0.70%+3.45%+15.01%+93.64% 66.51B
-1.76%+0.33%-7.80%+12.16% 52.21B
+1.16%-0.57%-22.33%+24.50% 37.24B
-0.49%-2.19%+25.34%+30.14% 16.49B
-1.22%+1.47%+2.30%+36.05% 15.24B
-0.04%-0.49%-2.58%+107.83% 14.47B
+0.90%+1.35%-6.64%+33.14% 13.88B
-1.34%+0.63%+0.08%+22.10% 13.2B
Average -0.04%-0.23%+0.52%+42.68% 38.95B
Weighted average by Cap. +0.37%-0.59%+0.68%+40.27%

Financials

2026 *2027 *
Net sales 255M 227M 211M 191M 359M 24.08B 363M 2.52B 991M 12.66B 957M 937M 40.34B 259M 231M 214M 193M 364M 24.42B 368M 2.56B 1B 12.84B 971M 951M 40.91B
Net income 122M 109M 101M 91.13M 172M 11.52B 174M 1.21B 474M 6.05B 458M 448M 19.29B 119M 106M 98.18M 88.85M 167M 11.23B 169M 1.18B 462M 5.9B 446M 437M 18.81B
Net Debt 419M 373M 346M 313M 589M 39.54B 596M 4.14B 1.63B 20.78B 1.57B 1.54B 66.23B 420M 374M 346M 313M 591M 39.62B 598M 4.15B 1.63B 20.83B 1.57B 1.54B 66.36B
Projected Income Statement - Annual - Innovative Industrial Properties, Inc.
Logo Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately 111 properties comprising an aggregate of 8.9 million rentable square feet (including 303,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiary is IIP Operating Partnership, LP (Operating Partnership).
Employees
24
Date Price Change Volume
21/10/26 USD 24.30 -0.49% 37,047
20/10/26 USD 24.42 -0.33% 19,902
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
MarketScreener Ratings - Innovative Industrial Properties, Inc.
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
52.58USD
Average target price
61.45USD
Spread / Average Target
+16.87%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Innovative Industrial Properties, Inc.