Innovative Ind Props (IIPR) closed at $53.68 on October 26, 2026, down 1.0% from the previous close, on volume of 185,358 shares (30-day average 409,293).
Data as of October 26, 2026.
Business Wire (Wed, 14-Oct 4:30 PM ET)
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Innovative Industrial Properties Announces Launch of Series B Preferred Stock Offering
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Innovative Industrial Properties Declares Third Quarter 2026 Dividends
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Innovative Industrial Properties Reports Second Quarter 2026 Results
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Market Chameleon (Mon, 15-Dec 3:39 AM ET)
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.
Innovative Ind Props trades on the NYSE stock market under the symbol IIPR.
As of October 26, 2026, IIPR stock price declined to $53.68 with 185,358 million shares trading.
IIPR has a beta of 0.18, meaning it tends to be less sensitive to market movements. IIPR has a correlation of 0.00 to the broad based SPY ETF.
IIPR has a market cap of $1.48 billion. This is considered a Small Cap stock.
Last quarter Innovative Ind Props reported $63 million in Revenue and $1.83 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.07.
In the last 3 years, IIPR traded as high as $138.35 and as low as $44.58.
The top ETF exchange traded funds that IIPR belongs to (by Net Assets): IJR, VNQ, VTI, IWM, VB.
IIPR has outperformed the market in the last year with a price return of +16.2% while the SPY ETF gained +15.1%. However, in the short term, IIPR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -9.3% vs +3.9% return in SPY. But in the last 2 weeks, IIPR shares have fared better than the market returning +3.6% compared to SPY -1.7%.
IIPR support price is $53.21 and resistance is $55.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IIPR shares will trade within this expected range on the day.
