IIPR Stock Summary and Trading Ideas (Innovative Ind Props | NYSE:IIPR)

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.

What symbol and exchange does Innovative Ind Props shares trade?

Innovative Ind Props trades on the NYSE stock market under the symbol IIPR.

What is Innovative Ind Props stock price doing today?

As of August 31, 2026, IIPR stock price climbed to $56.46 with 98,807 million shares trading.

What is Innovative Ind Props's Beta?

IIPR has a beta of 0.51, meaning it tends to be less sensitive to market movements. IIPR has a correlation of 0.03 to the broad based SPY ETF.

How much is Innovative Ind Props worth?

IIPR has a market cap of $1.56 billion. This is considered a Small Cap stock.

How much money does Innovative Ind Props make?

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.

What is the highest and lowest price Innovative Ind Props traded in the last 3 year period?

In the last 3 years, IIPR traded as high as $138.35 and as low as $44.58.

What are the top ETFs holding Innovative Ind Props?

The top ETF exchange traded funds that IIPR belongs to (by Net Assets): IJR, VNQ, VTI, IWM, VB.

Is Innovative Ind Props (IIPR) a good investment?

IIPR has underperformed the market in the last year with a return of +13.8%, while the SPY ETF gained +19.3%. In the last 3 month period, IIPR fell short of the market, returning +0.6%, while SPY returned +1.8%. However, in the most recent 2 weeks IIPR has outperformed the stock market by returning +0.8%, while SPY returned -1.3%.

What are the support and resistance levels for Innovative Ind Props (IIPR)?

IIPR support price is $55.40 and resistance is $57.22 (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.