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Innovative Industrial Properties, Inc.

  • Market Cap: Small Cap
  • Industry: Realty
  • ISIN: US45781V1017
USD
50.87
-0.54 (-1.05%)

Dec 04

NYS

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

50.8051.48

52 Week

44.58109.33
Valuation
Technical
Day's Volume

CASH

223.99 k

Shareholding (Mar 2025)

FII

8.80%

Held by 132 FIIs

DII

49.7%

Held by 46 DIIs

Promoter

0.02%

How big is Innovative Industrial Properties, Inc.?

22-Jun-2025

As of Jun 18, Innovative Industrial Properties, Inc. has a market capitalization of $1.593 billion, with net sales of $304.78 million and a net profit of $150.85 million over the latest four quarters.

Market Cap: As of Jun 18, Innovative Industrial Properties, Inc. has a market capitalization of 1,593.00 million, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the company reported net sales of 304.78 million and a net profit of 150.85 million.<BR><BR>Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 1,936.06 million and total assets of 2,378.05 million.

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What does Innovative Industrial Properties, Inc. do?

22-Jun-2025

Innovative Industrial Properties, Inc. is a REIT that acquires and manages industrial properties leased to licensed cannabis operators. As of March 2025, it reported net sales of $72 million and a market cap of $1.593 billion.

Overview:<BR>Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for regulated cannabis facilities, operating within the Realty industry and classified as a small-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 72 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 30 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 1,593.00 Million (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00 <BR>Dividend Yield: 13.38% <BR>Debt Equity: -999,999.00 <BR>Return on Equity: 8.03% <BR>Price to Book: 0.83<BR><BR>Contact Details:<BR>Address: 1389 Center Drive, Suite 200, PARK CITY UT : 84098 <BR>Tel: 1 858 9973332 <BR>Website: http://innovativeindustrialproperties.com/

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Who are in the management team of Innovative Industrial Properties, Inc.?

22-Jun-2025

As of March 2022, the management team of Innovative Industrial Properties, Inc. includes Executive Chairman Alan Gold, CEO Paul Smithers, Independent Vice Chairman Gary Kreitzer, and Independent Directors Mary Curran, Scott Shoemaker, and David Stecher. They oversee the company's strategic direction and operations.

As of March 2022, the management team of Innovative Industrial Properties, Inc. includes the following individuals:<BR><BR>- Mr. Alan Gold, who serves as the Executive Chairman of the Board.<BR>- Mr. Paul Smithers, who is the President, Chief Executive Officer, and a Director.<BR>- Mr. Gary Kreitzer, who holds the position of Independent Vice Chairman of the Board.<BR>- Ms. Mary Curran, who is an Independent Director.<BR>- Mr. Scott Shoemaker, who is also an Independent Director.<BR>- Mr. David Stecher, who serves as an Independent Director.<BR><BR>This team is responsible for overseeing the company's strategic direction and operations.

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Is Innovative Industrial Properties, Inc. overvalued or undervalued?

20-Sep-2025

As of February 14, 2025, Innovative Industrial Properties, Inc. is considered very attractive due to its undervalued status, with a P/E ratio of 10, a Price to Book Value of 0.81, an EV to EBITDA of 5.92, and a high dividend yield of 13.75%, despite a recent 1Y return of -56.78%.

As of 14 February 2025, the valuation grade for Innovative Industrial Properties, Inc. moved from expensive to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, supported by a P/E ratio of 10, a Price to Book Value of 0.81, and an EV to EBITDA of 5.92. <BR><BR>In comparison to its peers, Innovative Industrial Properties has a lower P/E ratio than National Health Investors, Inc. at 24.77 and is more favorable than SL Green Realty Corp., which has a P/E of 731.77. Additionally, the company's dividend yield of 13.75% stands out in the industry, suggesting a strong return for investors. Despite recent underperformance, with a 1Y return of -56.78% compared to the S&P 500's 17.14%, the current valuation metrics indicate that the stock is positioned for potential recovery.

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Is Innovative Industrial Properties, Inc. technically bullish or bearish?

20-Sep-2025

As of August 8, 2025, Innovative Industrial Properties, Inc. shows a mildly bearish trend with mixed technical signals, having returned 11.89% over the past month, outperforming the S&P 500's 2.33%, but underperforming year-to-date with a -12.58% return compared to the S&P 500's 12.22%.

As of 8 August 2025, the technical trend for Innovative Industrial Properties, Inc. has changed from bearish to mildly bearish. The weekly MACD and KST indicate a mildly bullish stance, while the monthly MACD and KST remain bearish. The RSI shows a bullish signal on the monthly timeframe but no signal on the weekly. Moving averages are mildly bearish on the daily, and Bollinger Bands reflect a bullish weekly but mildly bearish monthly outlook. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from MACD and moving averages.<BR><BR>In terms of performance, the stock has returned 11.89% over the past month, significantly outperforming the S&P 500's 2.33% return, but it has underperformed over longer periods, with a YTD return of -12.58% compared to the S&P 500's 12.22%.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Negative results in Jun 25

  • INTEREST COVERAGE RATIO(Q) Lowest at 1,066.56
  • OPERATING CASH FLOW(Y) Lowest at USD 225.62 MM
  • ROCE(HY) Lowest at 7.04%
2

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Realty

stock-summary
Market cap

USD 1,592 Million (Small Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

13.39%

stock-summary
Debt Equity

-999,999.00

stock-summary
Return on Equity

7.35%

stock-summary
Price to Book

0.85

Revenue and Profits:
Net Sales:
63 Million
(Quarterly Results - Jun 2025)
Net Profit:
25 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.2%
0%
-10.2%
6 Months
-8.08%
0%
-8.08%
1 Year
-52.92%
0%
-52.92%
2 Years
-41.71%
0%
-41.71%
3 Years
-57.14%
0%
-57.14%
4 Years
-79.85%
0%
-79.85%
5 Years
-66.73%
0%
-66.73%

Innovative Industrial Properties, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News

Is Innovative Industrial Properties, Inc. technically bullish or bearish?

As of 8 August 2025, the technical trend for Innovative Industrial Properties, Inc. has changed from bearish to mildly bearish. The weekly MACD and KST indicate a mildly bullish stance, while the monthly MACD and KST remain bearish. The RSI shows a bullish signal on the monthly timeframe but no signal on the weekly. Moving averages are mildly bearish on the daily, and Bollinger Bands reflect a bullish weekly but mildly bearish monthly outlook. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from MACD and moving averages. In terms of performance, the stock has returned 11.89% over the past month, significantly outperforming the S&P 500's 2.33% return, but it has underperformed over longer periods, with a YTD return of -12.58% compared to the S&P 500's 12.22%....

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Is Innovative Industrial Properties, Inc. overvalued or undervalued?

As of 14 February 2025, the valuation grade for Innovative Industrial Properties, Inc. moved from expensive to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, supported by a P/E ratio of 10, a Price to Book Value of 0.81, and an EV to EBITDA of 5.92. In comparison to its peers, Innovative Industrial Properties has a lower P/E ratio than National Health Investors, Inc. at 24.77 and is more favorable than SL Green Realty Corp., which has a P/E of 731.77. Additionally, the company's dividend yield of 13.75% stands out in the industry, suggesting a strong return for investors. Despite recent underperformance, with a 1Y return of -56.78% compared to the S&P 500's 17.14%, the current valuation metrics indicate that the stock is positioned for potential recovery....

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Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
30.97%
EBIT Growth (5y)
26.51%
EBIT to Interest (avg)
9.76
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
136.11%
Pledged Shares
0
Institutional Holding
80.48%
ROCE (avg)
10.18%
ROE (avg)
7.49%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.81
EV to EBIT
8.47
EV to EBITDA
5.92
EV to Capital Employed
0.79
EV to Sales
4.65
PEG Ratio
NA
Dividend Yield
13.75%
ROCE (Latest)
9.35%
ROE (Latest)
8.03%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 83 Schemes (41.33%)

Foreign Institutions

Held by 132 Foreign Institutions (8.8%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -12.27% vs -6.52% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -16.50% vs -23.29% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
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      "body": [
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          "field": "Net Sales",
          "val1": "62.90",
          "val2": "71.70",
          "chgp": "-12.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "47.40",
          "val2": "55.90",
          "chgp": "-15.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.40",
          "val2": "4.50",
          "chgp": "-2.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-3.50",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "25.30",
          "val2": "30.30",
          "chgp": "-16.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "459.50%",
          "val2": "522.70%",
          "chgp": "-6.32%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -0.32% vs 11.98% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -2.86% vs 6.84% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "308.50",
          "val2": "309.50",
          "chgp": "-0.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "242.60",
          "val2": "241.80",
          "chgp": "0.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "17.70",
          "val2": "17.50",
          "chgp": "1.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "159.40",
          "val2": "164.10",
          "chgp": "-2.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "556.80%",
          "val2": "564.10%",
          "chgp": "-0.73%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
62.90
71.70
-12.27%
Operating Profit (PBDIT) excl Other Income
47.40
55.90
-15.21%
Interest
4.40
4.50
-2.22%
Exceptional Items
0.00
-3.50
100.00%
Consolidate Net Profit
25.30
30.30
-16.50%
Operating Profit Margin (Excl OI)
459.50%
522.70%
-6.32%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is -12.27% vs -6.52% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -16.50% vs -23.29% in Mar 2025

All Quarterly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
308.50
309.50
-0.32%
Operating Profit (PBDIT) excl Other Income
242.60
241.80
0.33%
Interest
17.70
17.50
1.14%
Exceptional Items
0.00
0.00
Consolidate Net Profit
159.40
164.10
-2.86%
Operating Profit Margin (Excl OI)
556.80%
564.10%
-0.73%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is -0.32% vs 11.98% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -2.86% vs 6.84% in Dec 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Innovative Industrial Properties, Inc. stock-summary
stock-summary
Innovative Industrial Properties, Inc.
Realty
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated state-licensed cannabis facilities. It acquires properties through sale-leaseback transactions and third-party purchases. The Company partners with medical-use cannabis operators and serves as a source of capital by acquiring and leasing back their real estate assets, in addition to offering other real estate-based capital solutions. It partners with licensed operators across all product types: cultivation, processing, distribution and retail. The Company owns approximately 66 properties located in 17 states totaling approximately 5.4 million rentable square feet.
Company Coordinates stock-summary
Company Details
1389 Center Drive, Suite 200 , PARK CITY UT : 84098
stock-summary
Tel: 1 858 9973332
stock-summary
http://innovativeindustrialproperties.com/
stock-summary
Registrar Details
Stock List
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