Innovative Industrial Properties Stock Today

IIPR Stock  USD 50.05  1.46  2.83%   

Performance

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Weak
 
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Odds Of Distress

Tiny

 
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Innovative Industrial is selling at 50.05 as of the 13th of January 2026; that is 2.83 percent decrease since the beginning of the trading day. The stock's lowest day price was 50.05. Innovative Industrial has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 14th of December 2025 and ending today, the 13th of January 2026. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
1st of December 2016
Category
Real Estate
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. The company has 28.02 M outstanding shares of which 2.38 M shares are currently shorted by private and institutional investors with about 6.57 trading days to cover. More on Innovative Industrial Properties

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Follow Valuation Options Odds of Bankruptcy
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Innovative Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOPaul Smithers
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Real Estate, Diversified REITs, REIT—Industrial, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.06540.12
Way Down
Slightly volatile
Gross Profit Margin0.740.82
Moderately Down
Slightly volatile
Total Current Liabilities92.1 M152.7 M
Way Down
Slightly volatile
Non Current Liabilities Total187.4 M355.6 M
Way Down
Slightly volatile
Total Assets1.5 B2.7 B
Way Down
Slightly volatile
Total Current Assets102.7 M194.4 M
Way Down
Slightly volatile
Total Cash From Operating Activities312.1 M297.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Innovative Industrial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Innovative Industrial's financial leverage. It provides some insight into what part of Innovative Industrial's total assets is financed by creditors.
Liquidity
Innovative Industrial Properties currently holds 297.87 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Innovative Industrial has a current ratio of 1.11, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Innovative Industrial's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

(233.28 Million)
Innovative Industrial Properties (IIPR) is traded on New York Stock Exchange in USA and employs 23 people. Innovative Industrial is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.42 B. Innovative Industrial conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 28.02 M outstanding shares of which 2.38 M shares are currently shorted by private and institutional investors with about 6.57 trading days to cover. Innovative Industrial Properties currently holds about 146.25 M in cash with 258.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Check Innovative Industrial Probability Of Bankruptcy
Ownership Allocation
Innovative Industrial Properties has a total of 28.02 Million outstanding shares. Over half of Innovative Industrial's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Innovative Ownership Details

Innovative Stock Institutional Holders

InstituionRecorded OnShares
Millennium Management Llc2025-06-30
240.8 K
Alphacore Capital Llc2025-06-30
209.6 K
Goldman Sachs Group Inc2025-06-30
203.4 K
Legal & General Group Plc2025-06-30
193 K
Pacer Advisors, Inc.2025-06-30
183.4 K
Jpmorgan Chase & Co2025-06-30
178.3 K
Principal Financial Group Inc2025-06-30
173.7 K
Thrivent Financial For Lutherans2025-06-30
156.9 K
Edgestream Partners, L.p.2025-06-30
146.7 K
Blackrock Inc2025-06-30
4.7 M
Vanguard Group Inc2025-06-30
4.4 M
View Innovative Industrial Diagnostics

Innovative Industrial Historical Income Statement

At this time, Innovative Industrial's Net Income From Continuing Ops is relatively stable compared to the past year. As of 01/13/2026, EBIT is likely to grow to about 214.8 M, though Income Tax Expense is likely to grow to (1.5 M). View More Fundamentals

Innovative Stock Against Markets

Innovative Industrial Corporate Management

Mary CurranIndependent DirectorProfile
Gary KreitzerIndependent Vice Chairman of the BoardProfile
Tracie HagerSenior ManagementProfile
Catherine CPACFO TreasurerProfile
Brian WolfeVice President General Counsel, SecretaryProfile

Additional Tools for Innovative Stock Analysis

When running Innovative Industrial's price analysis, check to measure Innovative Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.