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Innovative Industrial Properties, Inc. IIPR-PA · Stock Open Innovative Industrial Properties, Inc. in new tab

24.98 USD
P/E
5.16
EPS
4.83
Yield
13.66%
Safety Score
75
P/B
0.40
ROE
7.39
Beta
1.40
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Key Metrics
Earnings dateNov. 4, 2026
P/E5.16
EPS4.83
Book Value62.48
Price to Book0.40
Debt/Equity32.89
Growth
Revenue Growth0.01%
Earnings Growth0.58%
Dividend
Dividend Yield13.66%
Annual dividends105.88 USD
Ex-Div. DateSept. 30, 2026
Payout160.71%
5y avg Yield8.29%

DCF Valuation

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DCF Result

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Innovative Industrial Properties, Inc. Logo Innovative Industrial Properties, Inc. Analysis (IIPR-PA)

United States Real Estate Official Website Stock

Is Innovative Industrial Properties, Inc. a good investment? Innovative Industrial Properties, Inc. (IIPR-PA) is currently trading at 24.98 USD.

In terms of valuation, the stock trades at a P/E ratio of 5.16. This relatively low multiple may signal that Innovative Industrial Properties, Inc. is undervalued compared to historical market norms.

Earnings Schedule: Innovative Industrial Properties, Inc. is expected to release its next earnings report on Nov. 4, 2026.

For income investors, Innovative Industrial Properties, Inc. pays a dividend yield of 13.66%. With a payout ratio of 161%, the dividend appears to be under pressure.

Investor FAQ

Does Innovative Industrial Properties, Inc. pay a dividend?

Yes, it pays an annual dividend of 105.88 USD (13.66% yield).

What asset class is Innovative Industrial Properties, Inc.?

Innovative Industrial Properties, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Nov. 4, 2026. The company currently has a trailing EPS of 4.83.

Company Profile

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry. As of June 30, 2026, we owned 108 properties comprising an aggregate of approximately 8.4 million rentable square feet in 19 states. Innovative Industrial Properties, Inc. was established on June 15th 2016 and is incorporated in Maryland.

Exchange Ticker
NYQ (United States) IIPR-PA
Trades
Dividend Yield
13.66%
5y avg 8.29%
Annual Dividends
105.88USD
Next Ex. Div Date
Sept. 30, 2026
Payout Ratio
160.71%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
1.69 USD
July 15, 2027 (estimated) 0.5625
April 15, 2027 (estimated) 0.5625
Jan. 15, 2027 (estimated) 0.5625
2026
2.25 USD
Oct. 15, 2026 0.5625
July 15, 2026 0.5625
April 15, 2026 0.5625
Jan. 15, 2026 0.5625
2025
2.25 USD
Oct. 15, 2025 0.5625
July 15, 2025 0.5625
April 15, 2025 0.5625
Jan. 15, 2025 0.5625
2024
2.25 USD
Oct. 15, 2024 0.5625
July 15, 2024 0.5625
April 15, 2024 0.5625
Jan. 12, 2024 0.5625
2023
2.25 USD
Oct. 13, 2023 0.5625
July 14, 2023 0.5625
April 14, 2023 0.5625
Jan. 13, 2023 0.5625
2022
2.25 USD
Oct. 14, 2022 0.5625
July 15, 2022 0.5625
April 14, 2022 0.5625
Jan. 14, 2022 0.5625
2021
2.25 USD
Oct. 15, 2021 0.5625
July 15, 2021 0.5625
April 15, 2021 0.5625
Jan. 15, 2021 0.5625
2020
2.25 USD
Oct. 15, 2020 0.5625
July 15, 2020 0.5625
April 15, 2020 0.5625
Jan. 15, 2020 0.5625
2019
2.25 USD
Oct. 15, 2019 0.5625
July 15, 2019 0.5625
April 15, 2019 0.5625
Jan. 15, 2019 0.5625
2018
2.23 USD
Oct. 15, 2018 0.5625
July 16, 2018 0.5625
April 16, 2018 0.5625
Jan. 16, 2018 0.5375
Upcoming Dividends
Name Payment Date Status Amount
Innovative Industrial Properties, Inc. Oct 15, 2026 Upcoming 0.5625 USD
Innovative Industrial Properties, Inc. Jul 15, 2026 0.5625 USD
Innovative Industrial Properties, Inc. Apr 15, 2026 0.5625 USD
Innovative Industrial Properties, Inc. Jan 15, 2026 0.5625 USD
Innovative Industrial Properties, Inc. Oct 15, 2025 0.5625 USD
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