Price Alert

Innovative Industrial Pro... (IIPR)

NYSE: IIPR · Real-Time Price · USD

53.15

-1.51 (-2.76%)

At close: Aug 14, 2025, 3:59 PM

53.19

0.08%

Pre-market: Aug 15, 2025, 05:28 AM EDT

Innovative Industrial Properties Statistics

Share Statistics

Innovative Industrial Properties has 28.01M shares outstanding. The number of shares has increased by -1.13% in one year.

Shares Outstanding	28.01M
Shares Change (YoY)	-1.13%
Shares Change (QoQ)	-1.13%
Owned by Institutions (%)	69.17%
Shares Floating	27.57M
Failed to Deliver (FTD) Shares	2,153
FTD / Avg. Volume	0.8%

Short Selling Information

The latest short interest is 1.77M, so 6.32% of the outstanding shares have been sold short.

Short Interest	1.77M
Short % of Shares Out	6.32%
Short % of Float	9.79%
Short Ratio (days to cover)	6.88

Valuation Ratios

The PE ratio is 11.64 and the forward PE ratio is 11.49. Innovative Industrial Properties's PEG ratio is -2.82.

PE Ratio	11.64
Forward PE	11.49
PS Ratio	6.1
Forward PS	5.1
PB Ratio	0.97
P/FCF Ratio	7.28
PEG Ratio	-2.82

Financial Ratio History

Enterprise Valuation

Innovative Industrial Properties has an Enterprise Value (EV) of 2.03B.

EV / Sales	6.59
EV / EBITDA	8.17
EV / EBIT	7.86
EV / FCF	7.86

Financial Position

The company has a current ratio of 1.27, with a Debt / Equity ratio of 0.15.

Current Ratio	1.27
Quick Ratio	1.27
Debt / Equity	0.15
Debt / EBITDA	1.2
Debt / FCF	1.15
Interest Coverage	10.35

Financial Efficiency

Return on Equity is 8.35% and Return on Invested Capital is 7.5%.

Return on Equity	8.35%
Return on Assets	6.8%
Return on Invested Capital	7.5%
Revenue Per Employee	$14.69M
Profits Per Employee	$7.7M
Employee Count	21
Asset Turnover	0.13
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	0%

Stock Price Statistics

The stock price has increased by -57.48% in the last 52 weeks. The beta is 1.68, so Innovative Industrial Properties's price volatility has been higher than the market average.

Beta	1.68
52-Week Price Change	-57.48%
50-Day Moving Average	54.82
200-Day Moving Average	72.02
Relative Strength Index (RSI)	22.06
Average Volume (20 Days)	269,117

Income Statement

In the last 12 months, Innovative Industrial Properties had revenue of 308.52M and earned 161.66M in profits. Earnings per share was 5.58.

Revenue	308.52M
Gross Profit	280.05M
Operating Income	168.34M
Net Income	161.66M
EBITDA	248.72M
EBIT	177.91M
Earnings Per Share (EPS)	5.58

Full Income Statement

Balance Sheet

The company has 146.25M in cash and 297.87M in debt, giving a net cash position of -151.62M.

Cash & Cash Equivalents	146.25M
Total Debt	297.87M
Net Cash	-151.62M
Retained Earnings	-211.71M
Total Assets	2.31B
Working Capital	-22.47M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 258.45M and capital expenditures 0, giving a free cash flow of 258.45M.

Operating Cash Flow	258.45M
Capital Expenditures	n/a
Free Cash Flow	258.45M
FCF Per Share	9.16

Full Cash Flow Statement

Margins

Gross margin is 90.77%, with operating and profit margins of 54.57% and 52.4%.

Gross Margin	90.77%
Operating Margin	54.57%
Pretax Margin	52.4%
Profit Margin	52.4%
EBITDA Margin	80.62%
EBIT Margin	54.57%
FCF Margin	83.77%

Dividends & Yields

IIPR pays an annual dividend of $7.6, which amounts to a dividend yield of 13.76%.

Dividend Per Share	$7.60
Dividend Yield	13.76%
Dividend Growth (YoY)	4.4%
Payout Ratio	146.44%
Earnings Yield	8.59%
FCF Yield	13.74%

Dividend Details

Analyst Forecast

The average price target for IIPR is $90, which is 85% higher than the current price. The consensus rating is "Hold".

Price Target	$90
Price Target Difference	85%
Analyst Consensus	Hold
Analyst Count	8

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$62.55
Lynch Upside	28.55%
Graham Number	94.02
Graham Upside	93.22%

Scores

Altman Z-Score	2
Piotroski F-Score	6