Try our mobile app

General information

Country: UNITED STATES

Sector: REIT — Industrial

Categories: @cannabis-players   

Innovative Industrial Properties, Inc. owns and leases industrial real estate assets. The Company focuses on the acquisition, disposition, construction, development, and management of industrial facilities leased to tenants in the regulated medical-use cannabis industry. Innovative Industrial Properties conducts its business in the United States.
  • Current market environment: negative. Prices of production are 0.6% lower compared to the last 12 months (LTM)
  • Prices of production are at 16.7% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 9.4%
  • Free cash flow yield 8.8% (LTM), projected 8.6%
  • Share price is 35.9% higher than minimum and 55.7% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (8.6x vs
    )
  • The company is undervalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: IIPR
Share price, USD:  (-1.0%)60.58
year average price 53.81  


year start price 51.70 2025-07-31

min close price 44.58 2025-11-20

max close price 64.67 2026-07-16

current price 61.21 2026-07-30
Common stocks: 27 913 384

Dividend Yield:  9.4%
FCF Yield LTM / expected: 8.8% / 8.6%
EV / LTM EBITDA: 8.6x
EV / EBITDA annualized: 8.3x
Production prices change from LTM: -0.6%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 1 691
Net Debt ($m): -14
EV (Enterprise Value): 1 677
EBITDA LTM ($m): 196
EV / LTM EBITDA: 8.6x
Price to Book: 0.9x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2026-01-28zacks.com

Innovative Industrial Properties (IIPR) Declines More Than Market: Some Information for Investors

2026-01-23businesswire.com

Innovative Industrial Properties Announces Tax Treatment of 2025 Distributions

2026-01-14seekingalpha.com

Innovative Industrial: Why I Am Downgrading It

2026-01-14seekingalpha.com

Innovative Industrial Properties: Amid Diversification, Evaluating The 9.7% Preferred Stock Yield Again

2026-01-13seekingalpha.com

Innovative Industrial: Buying The 9.7% Yielding Preferreds

2025-12-21seekingalpha.com

Innovative Industrial Properties: Without AFFO Growth, It May Just Become A Value Trap (Rating Downgrade)

2025-11-07seekingalpha.com

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

2025-11-07marijuanastocks.com

3 Top Marijuana Stocks For Better Investing And Larger Profits In 2026

2025-11-06seekingalpha.com

Revisiting The Credit Quality Of Innovative Industrial Properties

2025-11-04seekingalpha.com

Innovative Industrial Properties, Inc. (IIPR) Q3 2025 Earnings Call Transcript
More information for subscribed users:
detailed calculation of Potential,
commodities and currency affecting the company