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Smart Investors Daily
II

NYSE · IIPR

Innovative Industrial Properties, Inc.

Real Estate · REIT - Industrial

$56.16

Down-$0.07 (-0.12%)

Updated Sep 22, 2026, 3:01 PM

SID Score

5.0/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
1.46B
P/E ratio
11.5
Dividend yield
13.53%
52-week range
$48.51 – $65.38
Volume
440.09K
Avg. volume
294.37K

Price performance

IIPR price history

1M range · 20 trading sessions · Daily adjusted prices

IIPR closed at $56.16 after 20 trading sessions, down 1.13% for the selected period.

Last close
$56.16
Period change
-1.13%
Period low
$55.60
Period high
$57.63
Daily close
View OHLC price history
IIPR OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 21, 2026$55.62$56.31$55.435$56.16440.09K
Sep 18, 2026$56.18$56.43$55.20$55.62989.35K
Sep 17, 2026$56.43$56.65$56.00$56.43250.32K
Sep 16, 2026$56.53$57.11$55.61$55.91260.41K
Sep 15, 2026$56.36$56.55$55.88$56.41242.37K
Sep 14, 2026$56.01$56.9999$56.00$56.44198.98K
Sep 11, 2026$55.81$56.4971$55.60$56.25181.89K
Sep 10, 2026$56.97$57.50$55.40$55.60272.01K
Sep 9, 2026$57.15$57.33$56.67$56.97220.87K
Sep 8, 2026$57.25$57.50$56.85$57.21301.37K
Sep 4, 2026$56.40$57.50$56.28$57.20333.38K
Sep 3, 2026$57.59$57.72$56.61$56.80272.83K
Sep 2, 2026$56.40$57.105$56.00$56.83270.59K
Sep 1, 2026$56.34$57.30$55.85$56.17412.76K
Aug 31, 2026$56.18$57.35$55.95$56.92550.56K
Aug 28, 2026$56.72$57.128$56.31$56.31324.24K
Aug 27, 2026$57.00$57.33$56.36$56.42312.28K
Aug 26, 2026$57.61$57.96$56.91$57.04180.36K
Aug 25, 2026$57.13$57.67$56.68$57.63472.94K
Aug 24, 2026$56.78$57.70$55.88$56.80418.84K

Latest IIPR news

The latest Smart Investors Daily articles mentioning IIPR.

IIPR research

Overview

Company profile and research snapshot.

Company profile

Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$44.00
Implied upside
Analysts
IIPR recent ratings
DateFirmRatingTarget
Jul 21, 2026Piper SandlerUnderweight
Mar 3, 2026Compass PointNeutral
Feb 25, 2026Piper SandlerUnderweight
Nov 5, 2025Piper SandlerUnderweight
Jul 2, 2025Wolfe ResearchPeer Perform
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News briefing

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Yahoo · Sep 15, 2026

Innovative Industrial Properties Declares Third Quarter 2026 Dividends

SAN DIEGO, September 15, 2026--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today that its board of directors has declared a third quarter 2026 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.2 billion in common stock dividends to its shareholders.

AI research layers

Interpretive context generated from the platform’s current data sources.

No results

AI research layers have not been published yet.