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Innovative Industrial Properties Inc. (IIPR)

$46.16

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Key data on IIPR

Market cap

$1.29B

EPS

4.21

P/E ratio

10.8

Price to sales

4.64

Dividend yield

16.464%

Beta

1.47521

Price on IIPR

Previous close

$45.71

Today's open

$45.78

Day's range

$45.33 - $46.35

52 week range

$44.58 - $74.92

Profile about IIPR

CEO

Paul Smithers

Employees

22

Headquarters

Park City, UT

Exchange

New York Stock Exchange

Shares outstanding

28022975

Issue type

Common Stock

IIPR industries and sectors

Real Estate

REITs

News on IIPR

Why Innovative Industrial Properties Stock Zoomed Nearly 11% Higher Today

Investors were clearly satisfied with the company's fourth-quarter performance. It notched decent, if not overwhelming, beats on both the top and bottom lines.

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The Motley Fool • 3 hours ago

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Innovative Industrial Properties, Inc. (IIPR) Q4 2025 Earnings Call Transcript

Innovative Industrial Properties, Inc. (IIPR) Q4 2025 Earnings Call Transcript

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Seeking Alpha • 7 hours ago

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Innovative Industrial Properties: A Dividend Cut Is Likely. Here's Where The Smart Money Goes

Innovative Industrial Properties (IIPR) faces structural headwinds from cannabis sector regulatory and tax laws, leading to tenant bankruptcies and declining revenues. IIPR's common shares trade at depressed valuations, but negative AFFO dividend coverage signals a likely dividend cut amid persistent industry risks. Management's pivot to life science real estate lacks a proven track record and involves high-cost capital, further complicating the risk profile.

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Seeking Alpha • 13 hours ago

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Innovative Industrial Properties Reports Fourth Quarter and Full Year 2025 Results

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today results for the fourth quarter and full year ended December 31, 2025. Executive Chairman Remarks “During 2025, we made significant progress executing on our strategy to diversify the Company's portfolio, strengthen our balance sheet, and actively resolve tenant-related matters," said Alan Gold, Executive Chairman of IIP. "Our strategic investment in IQHQ and establishment of.

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Business Wire • Feb 23, 2026

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Innovative Industrial Properties (IIPR) Q4 FFO and Revenues Top Estimates

Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $1.88 per share, beating the Zacks Consensus Estimate of $1.81 per share. This compares to FFO of $2.22 per share a year ago.

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Zacks Investment Research • Feb 24, 2026

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4 Things You Need to Know If You're Thinking of Buying Innovative Industrial Properties Today

The company's revenue declined in both of the past two quarters. Innovative Industrial Properties is diversifying its tenant base.

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The Motley Fool • Feb 20, 2026

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Innovative Industrial: Forget The 16.5% Yield, Get The 9.7%-Yielding Preferreds

Innovative Industrial Properties is rated Hold due to regulatory headwinds, a possible dividend cut, and a lack of stock momentum despite a 16.5% yield. IIPR trades at 0.7x book value, but AFFO per share no longer covers the dividend; a cut could occur as soon as the next earnings report. Regulatory uncertainty around cannabis rescheduling and ongoing tenant defaults keep IIPR's common shares range-bound and risk profile elevated.

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Seeking Alpha • Feb 20, 2026

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Cannabis REITs and Lenders to Watch as the Industry Stabilizes

The U.S. cannabis industry continues to evolve in 2026. Although operators face margin pressure, the long-term outlook remains compelling. Industry sales are projected to exceed $40 billion in the coming years. Meanwhile, additional state-level reforms continue to expand access. However, federal reform still remains uncertain. Therefore, investors are looking for alternative ways to gain exposure.

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Buy 5 IDEAL S&P 600 Small/MidCap 'Safer' February DiviDogs

The S&P 600 SmallCap index offers select high-yield 'dividend dogs' with analyst-projected net gains of 31% to 61% by February 2026. Adamas Trust stands out as the only stock ranking in the top ten for yield, target price, and total return, with positive free cash flow supporting its dividend. Only five of 56 high-yield S&P 600 stocks meet the 'IDEAL' criteria: annual dividends from $1K invested exceed share price and are covered by free cash flow.

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Seeking Alpha • Feb 13, 2026

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Innovative Industrial Properties Announces Fourth Quarter 2025 Earnings Release Date and Conference Call

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its fourth quarter 2025 results after the close of trading on the New York Stock Exchange on Monday, February 23, 2026. Management will host an investor conference call at 9:00 a.m. Pacific Time on Tuesday, February 24, 2026, to discuss the company's financial results and operations for the quarter. The call will be available through a live audio webcast at the Investor Relations.

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Business Wire • Feb 12, 2026

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