Innovative Ind Props (IIPR) closed at $52.39 on October 16, 2026, down 1.5% from the previous close, on volume of 327,348 shares (30-day average 407,463).
Data as of October 16, 2026.
16-Oct-2026
Synopsys, IIPR, Everpure, Kohl’s & Elastic Insider Shock
TipRanks (Sat, 17-Oct 9:00 AM ET)
Humana, VFC, Adobe, ASTS, IIPR Trending With Analysts
TipRanks (Sat, 17-Oct 5:01 AM ET)
Innovative Industrial Properties Establishes Series B Preferred Stock
TipRanks (Wed, 14-Oct 5:19 PM ET)
Business Wire (Wed, 14-Oct 4:30 PM ET)
Major Insider Move Signals Growing Confidence in Innovative Industrial Properties
TipRanks (Tue, 13-Oct 10:02 PM ET)
Piper Sandler Sticks to Its Sell Rating for Innovative Industrial Properties (IIPR)
TipRanks (Mon, 12-Oct 6:55 AM ET)
Business Wire (Thu, 8-Oct 10:21 PM ET)
Innovative Industrial Properties Announces Launch of Series B Preferred Stock Offering
Business Wire (Wed, 7-Oct 8:59 AM ET)
Market Chameleon (Thu, 1-Oct 4:21 AM ET)
Business Wire (Thu, 1-Oct 6:45 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 16, 2026, IIPR stock price declined to $52.39 with 327,348 million shares trading.
IIPR has a beta of 0.27, meaning it tends to be less sensitive to market movements. IIPR has a correlation of 0.01 to the broad based SPY ETF.
IIPR has a market cap of $1.44 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 underperformed the market in the last year with a return of +11.7%, while the SPY ETF gained +16.7%. In the last 3 month period, IIPR fell short of the market, returning -16.1%, while SPY returned +1.9%. However, in the most recent 2 weeks IIPR has outperformed the stock market by returning +3.7%, while SPY returned -0.8%.
IIPR support price is $52.31 and resistance is $54.09 (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.
