IIPR — INNOVATIVE INDUSTRIAL PROPERTIES INC
—
NYSE ·
Real Estate ·
Equity Real Estate Investment Trusts (REITs) ·
CIK 1677576 ·
Last close
$51.92
Market Cap
$1.43B
52W High
$63.10
52W Low
$38.64
ADV30
418,314
Next earnings
2026-11-02
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | Gross profit | Op income | Net income | Assets | Cash | Liabilities |
|---|---|---|---|---|---|---|---|
| Jun 2026 | 63,315,000 | 56,119,000 | 29,601,000 | 43,852,000 | 2,581,641,000 | 204,734,000 | 730,042,000 |
| 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 |
Cashflow TTM (yfinance, fills SEC gap)
Operating CF
$196,446,000
Investing CF
$-229,788,000
Financing CF
$141,313,000
CapEx
—
Dividends Paid
$-221,467,000
Buybacks
$-88,969,000
EPS Diluted TTM
$4.41
As of
2026-08-09
Balance + Analyst (yfinance extras)
Retained Earnings
$-349,741,000
Inventory
—
Receivables
$168,921,000
ST Investments
—
EBIT TTM
$162,370,000
Pretax Income TTM
$137,807,000
Interest Exp TTM
$24,563,000
Analysts
4
Yahoo Snapshot (yfinance, live)
Total Revenue
$263,652,992
EBITDA
$202,604,992
Free Cash Flow
$99,872,376
Enterprise Value
$2,084,182,400
Total Cash
$204,734,000
Total Debt
$609,033,024
Shares Out
27,571,349
Trailing EPS
$4.42
Book Value
$62.48
ROE
7.4%
ROA
3.3%
Div Yield
13.67%
Annual Trend (SEC EDGAR, last 4y)
Revenues vs Net Income (last 4y)
| FY end | Revenues | Op income | Net income | Assets | Liabilities | Equity | Op cash flow |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 265,955,000 | 127,975,000 | 118,247,000 | 2,370,858,000 | 522,854,000 | 1,848,004,000 | 198,189,000 |
| Dec 2024 | 308,517,000 | 171,794,000 | 161,661,000 | 2,378,047,000 | 441,987,000 | 1,936,060,000 | 258,446,000 |
| Dec 2023 | 309,506,000 | 174,587,000 | 165,588,000 | 2,391,090,000 | 438,118,000 | 1,952,972,000 | 255,543,000 |
| Dec 2022 | 276,359,000 | 166,016,000 | 154,386,000 | 2,414,836,000 | 452,943,000 | 1,961,893,000 | 234,130,000 |
TTM Snapshot
Revenues TTM
$263,229,000
NetIncome TTM
$119,979,000
OpCashFlow TTM
—
Assets (Latest)
$2,393,980,000
Forward EPS
$4.39
Max Pain — expiry 2026-10-16
max pain strike: $55.00 · spot: $51.83 · call oi: 2,222 · put oi: 6,206
Expected Move to 2026-10-16:
±$2.40
(4.63%) —
implied range
$49.43 –
$54.23
· ATM straddle on $50.00 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| EFC | Ellington Financial Inc. | $1.50B | $11.64 | — |
| CBL | CBL & ASSOCIATES PROPERTIES INC | $1.52B | $49.24 | — |
| AAT | American Assets Trust, Inc. | $1.33B | $21.61 | — |
| FOR | Forestar Group Inc. | $1.32B | $25.91 | — |
| UMH | UMH PROPERTIES, INC. | $1.29B | $15.10 | — |
News headlines (Yahoo Finance, 1h cache)
Are Options Traders Betting on a Big Move in Innovative Industrial Properties Stock?
2026-10-09 12:57 · Yahoo
Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock
2026-10-09 02:21 · Yahoo
Innovative Industrial Properties (IIPR) Could Be 17% Undervalued After Its Preferred Stock Offering
2026-10-08 16:20 · Yahoo
Innovative Industrial Properties Announces Launch of Series B Preferred Stock Offering
2026-10-07 12:59 · Yahoo
Innovative Industrial Properties Announces Mezzanine Loan Commitment of $245 Million for Alewife Park
2026-10-01 10:45 · Yahoo
Innovative Industrial Properties (IIPR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
2026-09-29 21:15 · Yahoo
Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: Here's Why
2026-09-18 22:15 · Yahoo
Innovative Industrial Properties Declares Third Quarter 2026 Dividends
2026-09-15 10:55 · Yahoo
Innovative Industrial Properties (IIPR) Laps the Stock Market: Here's Why
2026-09-11 22:15 · Yahoo
Why Is Innovative Industrial Properties (IIPR) Down 6.9% Since Last Earnings Report?
2026-09-02 15:30 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.