IIPR
Real Estate

Innovative Industrial Properties, Inc.

IIPR
Since 2016

Headquarters:

UT, United States

Exchange:

NYSE

Industry:

REIT—Industrial

Number of Employees:

22.00

Current Fiscal Year:

2024

Market Cap:

1.46B

Price per Share:

$51.37

Quarterly Dividend per Share:

$1.90
Year-to-date Performance:
-24.2330%
Dividend Yield:
14.41%
Price-to-book Ratio:
0.75
Trailing P/E Ratio:
8.91

Price History

Latest Prices

DateOpenHighLowClose
2025-08-015252.1450.551.37
2025-07-3152.0252.3851.351.7
2025-07-3053.1953.39551.8552.19
2025-07-2953.465453.1153.24
2025-07-2853.875453.1353.17

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Financial Performance

2024 Revenue:310.93M

Detailed view of quarterly revenue

2024 Net Income:163.27M

Detailed view of quarterly net income

2024 Free Cash Flow:266.72M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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