12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-07-12), Innovative Industrial Properties's 12-1 Month Momentum % is 3.80%.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Innovative Industrial Properties 12-1 Month Momentum % Related Terms
IIPR vs SMA, ILPT, LXP: 12-1 Month Momentum % Comparison
For the REIT - Industrial subindustry, Innovative Industrial Properties's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Innovative Industrial Properties 12-1 Month Momentum % vs REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Innovative Industrial Properties (IIPR) has a 12-1 Month Momentum % of 3.80% as of Jul. 12, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Innovative Industrial Properties and its competitors. According to the industry distribution chart, Innovative Industrial Properties ranks #370 out of 964 companies in the REITs industry, placing it in the top 38.4%.
Is Innovative Industrial Properties' 12-1 Month Momentum % too high?
Innovative Industrial Properties' current 12-1 Month Momentum % is 3.80%. The REITs industry median 12-1 Month Momentum % is 0.48. Innovative Industrial Properties' value of 3.80% is 700% above this industry median. Based on the distribution chart, Innovative Industrial Properties ranks #370 out of 964 companies in the REITs industry, which is above the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' 12-1 Month Momentum % compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #370 out of 964 companies for 12-1 Month Momentum %. This puts Innovative Industrial Properties in the upper half of its industry. The industry median 12-1 Month Momentum % is 0.48. Innovative Industrial Properties' value of 3.80% is 700% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a REITs company?
The median 12-1 Month Momentum % among REITs companies is 0.48, based on 964 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative Industrial Properties's current 12-1 Month Momentum % of 3.80% is 700% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Innovative Industrial Properties and its competitors. For the REITs industry, the median 12-1 Month Momentum % is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current 12-1 Month Momentum % is 3.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Based on GuruFocus' analysis, Innovative Industrial Properties (IIPR) is currently considered Fairly Valued. The stock's GF Value™ is $64.81, compared to a current price of $64.44 — trading 0.6% below its estimated fair value. The current 12-1 Month Momentum % is 3.80% and 700% above the REITs industry median of 0.48. Innovative Industrial Properties' overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Innovative Industrial Properties (IIPR), the current 12-1 Month Momentum % is 3.80% as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Innovative Industrial Properties (IIPR) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued.
The current stock price of $64.44 is trading 0.6% below its estimated GF Value™ of $64.81.
GuruFocus considers Innovative Industrial Properties to be Fairly Valued.
Key valuation signals for IIPR:
12-1 Month Momentum %: 3.80%
GF Value™: $64.81 vs. price of $64.44 (0.6% below fair value)
Industry Position: 700% above the REITs median (#370 of 964)
No single metric tells the full story. See the IIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Industrial Properties Business Description
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.
77GF Score
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