Innovative Industrial Properties: Why I'm Buying One Of The Most Mispriced REITs In Today's Market

Innovative Industrial Properties (IIPR) offers a compelling REIT opportunity, trading at a steep discount to intrinsic value with robust financial strength. IIPR's Q3 saw an AFFO decline due to tenant pressure, but new life sciences investments offer high accretion and diversification. Dividend coverage is challenged in the near-term, but long-term sustainability is likely as tenant issues resolve and IQHQ investments ramp up.

Seeking Alpha • Dec 10, 2025

Innovative Industrial Properties: Falling Knife Buy Thesis - Compelling Dividend/Upside Story

IIPR's headwinds remain elevated, attributed to its growing tenant default issues despite the sequential improvements in its FQ3'25 rental revenues. The management's choice to sustain its dividends despite the impacted FFO per share performance has also triggered the inflated FFO payout ratio of 118.7%, against the sector median of 66.68%. These reasons may also be why IIPR has reported a deteriorating balance sheet health, with it uncertain when/if the management may change their dividend policy.

Seeking Alpha • Dec 9, 2025

Cannabis REITs to Watch This December

Ancillary cannabis companies remain a fascinating part of the industry because they help it operate without touching the plant. These companies supply real estate, financing, or essential services. Because of that, they often face fewer regulatory challenges than actual producers. The U.S. cannabis market keeps expanding. New recreational states continue opening doors. But the pace has definitely slowed in 2025. Even so, most analysts still expect continued long-term growth. That outlook keeps investors looking for stable ways to participate.

Innovative Industrial Properties (IIPR) Upgraded to Buy: Here's Why

Innovative Industrial Properties (IIPR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research • Dec 1, 2025

3 Top Marijuana Stocks To Watch In Today's Stock Market

The push for better cannabis reform is and seems to be an ongoing battle. Now, from the time the first state legalized cannabis, there has been tremendous growth and opportunity. This led other states and global regions to take action and build an entire cannabis industry. This has allowed investors to enter the space and find cannabis companies that are publicly traded. Investing in top marijuana stocks is the quickest way to get involved from the sidelines.

Is Innovative Industrial Properties (IIPR) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks Investment Research • Nov 20, 2025

Three Leading Ancillary Cannabis Stocks Poised for Growth in November 2025

The ancillary cannabis sector continues to draw new interest as the industry navigates a shifting landscape in late 2025. Many investors remain cautious about traditional plant-touching companies because they still face heavy tax burdens, banking restrictions, and regulatory uncertainty. However, ancillary operators avoid many of these challenges. They support the cannabis market through real estate, financing, and essential infrastructure rather than handling the product directly. Consequently, these companies often show steadier revenues, stronger margins, and healthier long-term fundamentals than some retailers or cultivators.

Innovative Industrial Properties: Shareholders Hold On To Hope Of No Dividend Cut

Innovative Industrial Properties has fallen by around 54% from its 1-year high as shareholders, skittish about a dividend cut, have fled the common shares. The REIT has seen its dividend yield sell to 14.8% with coverage negative at 84%, a nominal dividend shortfall of around $8.6 million. IIPR expects to resolve the bulk of its tenant defaults over the next 3 to 9 months.

Seeking Alpha • Nov 10, 2025

Cannabis REITs and Financing Firms to Consider in November 2025

The U.S. cannabis sector continues to expand as more states adopt medical or adult-use legalization. Although plant-touching companies attract most headlines, ancillary cannabis stocks have become increasingly important. These companies support the industry by providing real estate, financing, and operational infrastructure rather than selling cannabis directly.

Innovative Industrial: 14% Yield Backed By Low Leverage And Regulatory Catalyst

Innovative Industrial Properties offers a compelling 14% dividend yield, supported by a conservatively leveraged balance sheet and net lease model. IIPR faces ongoing tenant struggles and sector headwinds, but diversification into life sciences and a strong balance sheet provide resilience. Potential regulatory reform, such as cannabis rescheduling, could serve as a major catalyst, while the stock already prices in a lot of the worst-case scenarios.

Seeking Alpha • Nov 7, 2025