IIPRInnovative Industrial Properties, Inc.

$51.85+1.0% 1Y

Price

+1.0%1Y

End-of-day closes, not the intraday tick.

More going right than wrong

Quality mixed, nothing alarming, undemanding price, growth steady, the market undecided.

What they do

We are an internally-managed REIT focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Our properties are primarily leased to experienced, state-licensed operators for their regulated cannabis facilities. We have acquired and expect to continue to acquire our cannabis properties through sale-leaseback transactions and third-party purchases.

In the company’s own words · 10-K filed Feb 24, 2026 · SEC EDGAR

P/E11.8
Market value$1.77B
1 year+1.0%
5 years-66%

Charts

As reported to the SEC, without any scoring.

Innovative Industrial Properties, Inc. (IIPR) reported revenue of $63M in Q2 2026 (quarter ended Jun 30, 2026), up 0.7% from the same quarter a year earlier. That came with net income of $44M (69% of revenue). For the full year FY2025, revenue was $266M (−14% year on year) and net income $118M. The next results filing is expected around Nov 3, 2026, the same week as a year ago.

What the company said

The company's own words from its current reports to the SEC, newest first

  1. Oct 1, 2026Sixth Amendment to Amended and Restated Mezzanine Loan Agreement On September 28, 2026 (the “Closing Date”), Innovative Industrial Properties, Inc. (the “Company”) through IIP Life Science Investments II LLC (“IIP Life Science II”), a wholly owned subsidiary of IIP Operating Partnership, LP, the Company’s operating …Material agreement entered · Form 8-K
  2. Sep 25, 2026Upon authorization of its board of directors, Innovative Industrial Properties, Inc. (the “Company”) filed Articles of Amendment (the “Articles of Amendment”) with the State Department of Assessments and Taxation of Maryland to amend the Company’s Second Articles of Amendment and Restatement (the “Charter”) to …Charter/bylaw amendment or fiscal-year change · Form 8-K
  3. Sep 1, 2026As previously disclosed, Innovative Industrial Properties, Inc. (the “Company”) and its operating partnership, IIP Operating Partnership, LP, a Delaware limited partnership (the “Operating Partnership”), entered into separate equity distribution agreements (collectively, as amended, the “Existing Equity Distribution …Other event · Form 8-K

Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.

Why these answers

Each answer with the checks it was read from. Open one for the numbers.

12/19 checks · as of Oct 9, 2026

Conflicts between checks are named, never averaged, and thin data says so.