Business Description
Innovative Industrial Properties Inc
NAICS : 523991
SIC : 6798
ISIN : US45781V2007
Share Class Description:
IIPRpA.PFD: 9% PRF PERPETUAL USD 25 - Ser ATotal Employee Number:
23Description
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
Financial Strength
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Cash-To-Debt | 0.24 | |||||
Equity-to-Asset | 0.79 | |||||
Debt-to-Equity | 0.19 | |||||
Debt-to-EBITDA | 1.7 | |||||
Interest Coverage | 5.95 | |||||
Piotroski F-Score | 4/9 | |||||
Altman Z-Score | 2.3 | |||||
Beneish M-Score | 1.84 | |||||
WACC vs ROIC | ||||||
Growth Rank
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
3-Year Revenue Growth Rate | -2.1 | |||||
3-Year EBITDA Growth Rate | -4 | |||||
3-Year EPS without NRI Growth Rate | -9.3 | |||||
3-Year FCF Growth Rate | -6.2 | |||||
3-Year Book Growth Rate | -2.7 |
Momentum Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
5-Day RSI | 91.99 | |||||
9-Day RSI | 85.28 | |||||
14-Day RSI | 80.3 | |||||
3-1 Month Momentum % | 6.28 | |||||
6-1 Month Momentum % | -1.93 | |||||
12-1 Month Momentum % | -0.33 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Current Ratio | 1.06 | |||||
Quick Ratio | 1.06 | |||||
Cash Ratio | 0.45 | |||||
Days Payable | 207.14 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Dividend Yield % | 9 | |||||
3-Year Dividend Growth Rate | 2.3 | |||||
Forward Dividend Yield % | 9 | |||||
5-Year Yield-on-Cost % | 14.83 | |||||
3-Year Average Share Buyback Ratio | -0.1 | |||||
Shareholder Yield % | 9.82 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Gross Margin % | 88.46 | |||||
Operating Margin % | 46.72 | |||||
Net Margin % | 45.58 | |||||
EBITDA Margin % | 81.64 | |||||
ROE % | 6.38 | |||||
ROA % | 5.1 | |||||
ROIC % | 5.38 | |||||
3-Year ROIIC % | 373.54 | |||||
ROC (Joel Greenblatt) % | 19286.62 | |||||
ROCE % | 6.44 | |||||
Years of Profitability over Past 10-Year | 8 | |||||
Moat Score | 6 | |||||
Tariff Resilience Score | 8 |
GF Value Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Price-to-FFO | 9.63 | |||||
PE Ratio | 16.09 | |||||
Forward PE Ratio | 22.63 | |||||
PE Ratio without NRI | 16.09 | |||||
Shiller PE Ratio | 22.23 | |||||
PEG Ratio | 1.96 | |||||
PS Ratio | 6.78 | |||||
PB Ratio | 1 | |||||
Price-to-Free-Cash-Flow | 8.92 | |||||
Price-to-Operating-Cash-Flow | 8.92 | |||||
EV-to-EBIT | 15.71 | |||||
EV-to-EBITDA | 10.28 | |||||
EV-to-Revenue | 8.39 | |||||
EV-to-FCF | 11.05 | |||||
Earnings Yield (Greenblatt) % | 6.37 | |||||
FCF Yield % | 10.96 | |||||
Forward Rate of Return (Yacktman) % | 18.86 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Innovative Industrial Properties Inc Executives
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Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | |||
| EPS (TTM) ($) | - | ||
| Beta | 0.2103 | ||
| 3-Year Sharpe Ratio | -0.63 | ||
| 3-Year Sortino Ratio | -0.78 | ||
| Volatility % | 11.32 | ||
| 14-Day RSI | 80.3 | ||
| 14-Day ATR ($) | 0.239539 | ||
| 20-Day SMA ($) | 24.26175 | ||
| 12-1 Month Momentum % | -0.33 | ||
| 52-Week Range ($) | 20.8599 - 25.45 | ||
| Shares Outstanding (Mil) |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 4 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Innovative Industrial Properties Inc Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Innovative Industrial Properties Inc Stock Events
| Event | Date | Price ($) | ||
|---|---|---|---|---|
| Third quarter earnings conference call for 2026 | 2026-11-04 09:00 | In 129 days | ||
| Third quarter earnings results for 2026 | 2026-11-03 | In 127 days | ||
| Second quarter earnings conference call for 2026 | 2026-08-07 09:00 | In 40 days | ||
| Second quarter earnings results for 2026 | 2026-08-06 | In 38 days | ||
| USD 0.562500 Cash Dividend | 2026-06-30 | In 1 day | ||
| General meeting for 2026 | 2026-06-09 08:00 | 23.75 (-0.34%) | ||
| First quarter earnings conference call for 2026 | 2026-05-05 09:00 | 23.15 (+0.96%) | ||
| First quarter earnings results for 2026 | 2026-05-04 | 22.60 (+0.22%) | ||
| USD 0.562500 Cash Dividend | 2026-03-31 | 22.53 (+0.13%) | ||
| Fourth quarter earnings conference call for 2025 | 2026-02-24 09:00 | 22.99 (-0.39%) |
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Innovative Industrial Properties Inc Frequently Asked Questions
What is Innovative Industrial Properties Inc(IIPRpA.PFD)'s stock price today?
The current price of IIPRpA.PFD is $24.99. The 52 week high of IIPRpA.PFD is $25.45 and 52 week low is $20.86.
When is next earnings date of Innovative Industrial Properties Inc(IIPRpA.PFD)?
The next earnings date of Innovative Industrial Properties Inc(IIPRpA.PFD) is 2026-08-06 Est..
Does Innovative Industrial Properties Inc(IIPRpA.PFD) pay dividends? If so, how much?
The Dividend Yield %  of Innovative Industrial Properties Inc(IIPRpA.PFD) is 9% (As of Today), Highest Dividend Payout Ratio of Innovative Industrial Properties Inc(IIPRpA.PFD) was 1.88. The lowest was 1.25. And the median was 1.35. The  Forward Dividend Yield % of Innovative Industrial Properties Inc(IIPRpA.PFD) is 9%. For more information regarding to dividend, please check our Dividend Page.
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