Innovative Industrial Properties - REIT opened lower at $54.47, compared with its previous close of $54.74. In the last trading session, the stock traded between $52.10 and $54.47. It showed a downward intraday trend.
Return calculator
Time Period
An investment of $100 made 5 years ago in Innovative Industrial Properties - REIT is now worth
$ 18.99
Resulting in a loss of
$ 81.01 (81.01%)
Invest with $1
Note: Past profits do not guarantee future returns.
Analyst Overview
Rating from 4 Analysts
Buy
75%
Hold
0%
Sell
25%
Markets Today
Today's Change
$-2.06 (-3.77%)
Day High
$54.47
Day Low
$52.10
Day Open
$54.47
Prev Close
$54.74
Volume
2,81,069
1W Return
-6.56%
1M Return
2.85%
3M Return
-8.68%
6M Return
-6.75%
1Y Return
1.34%
Fundamentals
Market Cap ($ Mn)
1,452
PE Ratio
12.74
PB Ratio
0.90
PEG Ratio
6.65
ROE
6.38%
ROCE
5.59%
EPS (TTM)
$1.04
Investment Returns
1 Week
-6.56%
1 Month
2.85%
3 Months
-8.68%
6 Months
-6.75%
9 Months
12.30%
Financials
Quarterly
All values in $ Mn
62.9
Jun 25
64.7
Sep 25
66.7
Dec 25
69.0
Mar 26
63.3
Jun 26
64.9
Sep 26
Updates
5Nov
Piper Sandler raises Innovative Industrial Properties price target to $46
Piper Sandler raised Innovative Industrial Properties' price target to $46. The previous price target was set at $44. Analyst Alexander Goldfarb maintained the Underweight rating.
8 days ago
3Nov
Innovative Industrial Properties Q3FY26 Results: AFFO up 14.62% YoY
Innovative Industrial Properties reported AFFO of $1.96 per share for Q3FY26, up 14.62% YoY. Total revenues rose 0.4% YoY to $64.9 million, beating analyst estimates by 5.71%. The company deployed $275 million in accretive investments, including a $245 million mezzanine loan at Alewife Park. Declared a dividend of $1.90 per share, with net debt to Adjusted EBITDA at 2.1x.
10 days ago
15Oct
Innovative Industrial Properties to report Q3 2026 earnings on November 2
Results scheduled for November 2, 2026. Conference call set for November 3, 2026. Webcast available on company website.
29 days ago
9Oct
Innovative Industrial Properties prices $50M Series B preferred stock
Innovative Industrial Properties priced 2 million Series B preferred shares at $25.00 each. Gross proceeds from the offering total $50 million. Proceeds will fund remaining commitments for life science mezzanine loans. Underwriters hold a 30-day option for an additional 300,000 shares.
1mo ago
4Aug
Innovative Industrial Properties Q2 AFFO rises 7%, led by cost control
Innovative Industrial Properties delivered strong Q2 2026 results with AFFO of $1.83 per share, up 7% YoY, driven by cost control and increased interest income from IQHQ investments. Revenues rose slightly to $63.3 million. Key activities included a $402.5 million exchangeable note issuance, share repurchases, and strategic property leases and sales.
3mo ago
22Jul
Piper Sandler raises Innovative Ind Props target to $51
Piper Sandler analyst Alexander Goldfarb maintained an Underweight rating on Innovative Ind Props and raised the price target to $51 from $45.
