IIPR — INNOVATIVE INDUSTRIAL PROPERTIES INC
—
NYSE ·
Real Estate ·
Equity Real Estate Investment Trusts (REITs) ·
CIK 1677576 ·
Last close
$60.49
Market Cap
$1.75B
52W High
$62.30
52W Low
$48.51
ADV30
395,670
Next earnings
2026-05-04
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | GrossProfit | OpIncome | NetIncome | Assets | Cash | Liabilities |
|---|---|---|---|---|---|---|---|
| Mar 2026 | — | — | — | — | — | — | — |
| Dec 2025 | 66,657,000 | 58,677,000 | 32,172,000 | 31,841,000 | 2,370,858,000 | 47,597,000 | 522,854,000 |
| Sep 2025 | 64,685,000 | 56,734,000 | 29,414,000 | 29,305,000 | 2,337,914,000 | 36,671,000 | 474,573,000 |
| Jun 2025 | 62,891,000 | 56,024,000 | 28,898,000 | 26,024,000 | 2,305,055,000 | 99,666,000 | 424,649,000 |
Cashflow TTM (yfinance, fills SEC gap)
Operating CF
$198,189,000
Investing CF
$-174,301,000
Financing CF
$-122,536,000
CapEx
—
Dividends Paid
$-219,515,000
Buybacks
$-20,108,000
EPS Diluted TTM
$3.91
As of
2026-05-10
Balance + Analyst (yfinance extras)
Retained Earnings
$-312,988,000
Inventory
—
Receivables
$119,293,000
ST Investments
—
EBIT TTM
$136,975,000
Pretax Income TTM
$118,247,000
Interest Exp TTM
$18,728,000
Analysts
4
Yahoo Snapshot (yfinance, live)
Total Revenue
$263,228,992
EBITDA
$200,704,000
Free Cash Flow
$156,342,128
Enterprise Value
$2,125,512,704
Total Cash
$89,117,000
Total Debt
$365,980,992
Shares Out
28,995,362
Trailing EPS
$3.92
Book Value
$63.09
ROE
6.3%
ROA
3.3%
Div Yield
12.56%
Annual Trend (SEC EDGAR, last 4y)
Revenues vs Net Income (last 4y)
| FY end | Revenues | OpIncome | NetIncome | Assets | Liabilities | Equity | OCF |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 265,955,000 | 127,975,000 | 118,247,000 | 2,370,858,000 | 522,854,000 | — | 198,189,000 |
| Dec 2024 | 308,517,000 | 171,794,000 | 161,661,000 | 2,378,047,000 | 441,987,000 | — | 258,446,000 |
| Dec 2023 | 309,506,000 | 174,587,000 | 165,588,000 | 2,391,090,000 | 438,118,000 | — | 255,543,000 |
| Dec 2022 | 276,359,000 | 166,016,000 | 154,386,000 | 2,414,836,000 | 452,943,000 | — | 234,130,000 |
TTM Snapshot
Revenues TTM
$76,526,000
NetIncome TTM
$40,215,000
OpCashFlow TTM
$0
Assets (Latest)
$2,378,047,000
Forward EPS
$4.79
Max Pain — expiry 2026-06-18
max pain strike: $55.00 · spot: $60.50 · call oi: 3,378 · put oi: 4,978
Expected Move to 2026-06-18:
±$2.12
(3.51%) —
implied range
$58.38 –
$62.62
· ATM straddle on $60.00 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| SMA | SmartStop Self Storage REIT, Inc. | $1.78B | $32.24 | — |
| EFC | Ellington Financial Inc. | $1.72B | $13.68 | — |
| RLJ | RLJ Lodging Trust | $1.67B | $11.02 | — |
| SILA | Sila Realty Trust, Inc. | $1.67B | $30.28 | — |
| GNL-PA | Global Net Lease, Inc. | $1.64B | $22.83 | — |
News headlines (Yahoo Finance, 1h cache)
Innovative Industrial Properties Declares Second Quarter 2026 Dividends
2026-06-15 10:55 · Yahoo
Innovative Industrial Properties (IIPR) Stock Valuation After Upsized US$350m Exchangeable Notes Offering
2026-06-15 03:10 · Yahoo
Innovative Industrial Properties (IIPR) Stock Declines While Market Improves: Some Information for Investors
2026-06-12 22:15 · Yahoo
Innovative Industrial Properties Prices Upsized Private Offering of Exchangeable Senior Notes Due 2029
2026-06-10 12:45 · Yahoo
Innovative Industrial Properties Announces Launch of $250.0 Million Exchangeable Senior Notes Offering
2026-06-09 20:02 · Yahoo
Is Innovative Industrial Properties, Inc. (IIPR) A Good Stock To Buy Now?
2026-06-07 14:59 · Yahoo
Stronger Leasing And Life Sciences Shift Could Be A Game Changer For Innovative Industrial Properties (IIPR)
2026-06-05 00:18 · Yahoo
Why Is Innovative Industrial Properties (IIPR) Down 3.9% Since Last Earnings Report?
2026-06-03 15:30 · Yahoo
What IIPR's $282M Senior Note Repayment Means for Investors in 2026
2026-05-27 14:25 · Yahoo
Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes
2026-05-26 18:56 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.