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

24.81 USD
P/E
5.06
EPS
4.83
Yield
12.51%
Safety Score
75
P/B
0.39
ROE
6.29
Beta
1.45
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Key Metrics
Earnings dateAug. 5, 2026
P/E5.06
EPS4.83
Book Value63.09
Price to Book0.39
Debt/Equity19.32
Growth
Revenue Growth-0.04%
Earnings Growth0.06%
Dividend
Dividend Yield12.51%
Annual dividends7.60 USD
Ex-Div. DateJune 30, 2026
Payout183.04%
5y avg Yield8.29%

DCF Valuation

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DCF Result

Fair Value (DCF)
Current Price
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Terminal PV
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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 24.81 USD.

In terms of valuation, the stock trades at a P/E ratio of 5.06. 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 Aug. 5, 2026.

For income investors, Innovative Industrial Properties, Inc. pays a dividend yield of 12.51%. With a payout ratio of 183%, the dividend appears to be under pressure.

Investor FAQ

Does Innovative Industrial Properties, Inc. pay a dividend?

Yes, it pays an annual dividend of 7.60 USD (12.51% 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 Aug. 5, 2026. The company currently has a trailing EPS of 4.83.

Company Profile

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. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland and is based in San Diego, California.

Exchange Ticker
NYQ (United States) IIPR-PA
Trades
Dividend Yield
12.51%
5y avg 8.29%
Annual Dividends
7.60USD
Next Ex. Div Date
June 30, 2026
Payout Ratio
183.04%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
1.13 USD
April 15, 2027 (estimated) 0.5625
Jan. 15, 2027 (estimated) 0.5625
2026
2.25 USD
Oct. 15, 2026 (estimated) 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. Jul 15, 2026 Upcoming 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
Innovative Industrial Properties, Inc. Jul 15, 2025 0.5625 USD
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