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Ticker
IIPR

Price
49.71
Stock movement down
-0.65 (-1.29%)
Company name
Innovative Industrial Properties Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT - Industrial
Market cap
1.39B
Ent value
1.83B
Price/Sales
5.05
Price/Book
0.75
Div yield
15.29%
Div growth
21.59%
Growth years
5
FCF payout
133.46%
Trailing P/E
11.02
Forward P/E
11.58
PEG
-
EPS growth
20.86%
1 year return (CAGR)
-28.83%
3 year return (CAGR)
-
5 year return (CAGR)
-
10 year return (CAGR)
-
Last updated: 2026-01-22

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share7.60
Dividend yield15.29%
Payout frequencyQuarterly
Maximum yield17.05%
Average yield12.39%
Minimum yield5.60%
Discount to avg yield18.96%
Upside potential23.40%
Yield as % of max yield89.68%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield15.29%
Current yield distribution7.45%
Yield at 100% (Min)5.60%
Yield at 90%7.10%
Yield at 80%10.39%
Yield at 50% (Median)13.51%
Yield at 20%14.68%
Yield at 10%15.23%
Yield at 0% (Max)17.05%

Dividend per share

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Dividend per share data
Years of growth5 years
CCC statusDividend Challenger
Dividend per share7.60
Payout frequencyQuarterly
Ex-div date31 Dec 2025
EPS (TTM)4.47
EPS (1y forward)4.29
EPS growth (5y)20.86%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
IIPRS&P500
DGR MR4.40%-13.74%
DGR TTM2.15%6.60%
DGR 3 years9.55%7.31%
DGR 5 years21.59%4.69%
DGR 10 years-6.30%
DGR 15 years-8.16%
Time since last change announced595 days
EPS growth (5y)20.86%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM173.64%133.46%
Average122.15%169.13%
Forward177.02%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E11.02
Price to OCF6.75
Price to FCF8.47
Price to EBITDA6.43
EV to EBITDA8.45

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales5.05
Price to Book0.75
EV to Sales6.63

FINANCIALS

Per share

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Per share data
Current share count28.02M
EPS (TTM)4.47
FCF per share (TTM)5.81

Income statement

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Income statement data
Revenue (TTM)276.04M
Gross profit (TTM)246.24M
Operating income (TTM)134.28M
Net income (TTM)126.43M
EPS (TTM)4.47
EPS (1y forward)4.29

Margins

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Margins data
Gross margin (TTM)89.20%
Operating margin (TTM)48.65%
Profit margin (TTM)45.80%

Balance Sheet

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Balance Sheet data
Cash36.67M
Net receivables123.04M
Total current assets159.71M
Goodwill0.00
Intangible assets6.58M
Property, plant and equipment621.00K
Total assets2.34B
Accounts payable19.54M
Short/Current long term debt340.23M
Total current liabilities175.53M
Total liabilities474.57M
Shareholder's equity1.86B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)206.35M
Capital expenditures (TTM)41.85M
Free cash flow (TTM)164.50M
Dividends paid (TTM)219.54M

Financial returns

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Financial returns data
Return on Equity6.79%
Return on Assets5.41%
Return on Invested Capital5.74%
Cash Return on Invested Capital7.47%

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STOCK INFORMATION

Stock chart

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Stock price data
Open50.49
Daily high51.18
Daily low49.65
Daily Volume232K
All-time high286.21
1y analyst estimate57.25
Beta1.52
EPS (TTM)4.47
Dividend per share7.60
Ex-div date31 Dec 2025
Next earnings date25 Feb 2026

Downside potential

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Downside potential data
IIPRS&P500
Current price drop from All-time high-82.63%-0.89%
Highest price drop-84.42%-19.00%
Date of highest drop20 Nov 20258 Apr 2025
Avg drop from high-76.72%-2.49%
Avg time to new high-6 days
Max time to new high322 days89 days
COMPANY DETAILS
IIPR (Innovative Industrial Properties Inc) company logo
Marketcap
1.39B
Marketcap category
Small-cap
Description
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.
Employees
23
Investor relations
-
SEC filings
CEO
Paul E. Smithers
Country
USA
City
Park City
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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