IIPR's quarterly revenue has fallen roughly 21% from $79.8M in Q2 2024 to $63.3M in Q2 2026, and the latest FFO per share rebound to $2.09 appears unusually sharp against a shrinking revenue base, so it may not yet signal a durable recovery.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $0.99+10.0% vs $0.90 | $65M+6.4% vs $61M |
Q3 2026 Aug 3, 2026 | $1.36+33.3% vs $1.02 | $63M-5.6% vs $67M |
Q2 2026 May 4, 2026 | $1.04-2.8% vs $1.07 | $69M+5.1% vs $66M |
Q1 2026 Feb 23, 2026 | $1.07+1.9% vs $1.05 | $67M+1.3% vs $66M |
In the most recent trading session, Innovative Industrial Properties (IIPR) closed at $52.96, indicating a -1.34% shift from the previous trading day.
Innovative Industrial Properties (NYSE: IIPR - Get Free Report) will likely be posting its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to post earnings of $0.90 per share and revenue of $60.71 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings report page for
Aggressive income investors could love this stock.
The latest trading day saw Innovative Industrial Properties (IIPR) settling at $52.4, representing a -1.5% change from its previous close.
Benchmark IIPR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Innovative Industrial Properties, Inc. (IIPR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $54.83 | $1.59B | 10.92 | -13.8% | 53.2% | 7.56% | 13.9% | |
| $8.80 | $187.57M | 6.50 | 15.18% | 48.89% | 9.62% | 23.25% | |
| $0.82 | $39.25M | -4.87 | -18.16% | -18.37% | -4.7% | 24.75% | |
| $59.04 | $55.05B | 39.76 | 9.07% | 23.15% | 3.4% | 5.47% | |
| $36.60 | $7.06B | 26.24 | 10.14% | 29.88% | 7.29% | 4.12% | |
| $16.01 | $4.57B | 19.30 | -2.43% | 9.03% | 8.43% | 5.71% |
Innovative Industrial Properties, Inc. (IIPR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Innovative Industrial Properties, Inc. (IIPR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Oct 27, 2026·SEC
Oct 14, 2026·SEC
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Innovative Industrial Properties, Inc. (IIPR) stock FAQ — growth, dividends, profitability & financials explained
Innovative Industrial Properties, Inc. (IIPR) reported $263.9M in revenue over the trailing twelve months. Revenue was $266.0M in fiscal year 2025. That is 82752% more than the $0.3M of fiscal year 2016.
Innovative Industrial Properties, Inc. (IIPR) revenue fell by 4.4% over the trailing twelve months, compared with the twelve months before.
Yes. Innovative Industrial Properties, Inc. (IIPR) earned $140.4M in net income over the trailing twelve months (a 53.2% net margin).
Yes. Innovative Industrial Properties, Inc. (IIPR) pays a dividend that yields 13.90% at the current price, a high yield.
Innovative Industrial Properties, Inc. (IIPR) had a return on equity (ROE) of 7.6% over the trailing twelve months. That is below the market's typical 10-15%.
Innovative Industrial Properties, Inc. (IIPR) generated Funds From Operations (FFO) of $215.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Innovative Industrial Properties, Inc. (IIPR) offers a 13.90% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
