IIPR icon

Innovative Industrial Properties

72.67 USD
-0.20
0.27%
At close Feb 21, 4:00 PM EST
After hours
72.00
-0.67
0.92%
1 day
-0.27%
5 days
-2.98%
1 month
4.04%
3 months
-31.29%
6 months
-40.60%
Year to date
7.18%
1 year
-19.60%
5 years
-31.17%
10 years
279.48%
 

About: Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

Employees: 22

0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 101

0.56% more ownership

Funds ownership: 69.76% [Q3] → 70.33% (+0.56%) [Q4]

5% less call options, than puts

Call options by funds: $26.3M | Put options by funds: $27.6M

17% less funds holding

Funds holding: 410 [Q3] → 340 (-70) [Q4]

49% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 107

50% less capital invested

Capital invested by funds: $2.66B [Q3] → $1.33B (-$1.33B) [Q4]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$78
7%
upside
Avg. target
$113
55%
upside
High target
$130
79%
upside

3 analyst ratings

positive
67%
neutral
33%
negative
0%
Roth MKM
Scott Fortune
29% 1-year accuracy
5 / 17 met price target
79%upside
$130
Buy
Maintained
21 Feb 2025
Compass Point
Merrill Ross
64% 1-year accuracy
7 / 11 met price target
7%upside
$78
Neutral
Downgraded
20 Dec 2024
Alliance Global Partners
Aaron Grey
0% 1-year accuracy
0 / 4 met price target
79%upside
$130
Buy
Initiated
17 Dec 2024

Financial journalist opinion

Based on 369 articles about IIPR published over the past 30 days

Neutral
PRNewsWire
9 hours ago
INNOVATIVE INDUSTRIAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. - IIPR
NEW ORLEANS , Feb. 21, 2025 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 18, 2025 to file lead plaintiff applications in a securities class action lawsuit against Innovative Industrial Properties, Inc. (NYSE: IIPR), if they purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (the "Class Period").  This action is pending in the United States District Court for the District of Maryland.
INNOVATIVE INDUSTRIAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. - IIPR
Neutral
Accesswire
14 hours ago
Levi & Korsinsky Notifies Shareholders of Innovative Industrial Properties, Inc. (IIPR) of a Class Action Lawsuit and an Upcoming Deadline
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=131433&wire=1 or contact Joseph E. Levi, Esq.
Levi & Korsinsky Notifies Shareholders of Innovative Industrial Properties, Inc. (IIPR) of a Class Action Lawsuit and an Upcoming Deadline
Neutral
Accesswire
14 hours ago
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - IIPR
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Innovative Industrial Properties, Inc. (NYSE:IIPR) between February 27, 2024 and December 19, 2024, both dates inclusive (the "Class Period"), of the important March 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased IIPR securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Innovative Industrial Properties, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - IIPR
Neutral
GlobeNewsWire
18 hours ago
Class Action Filed Against Innovative Industrial Properties, Inc. (IIPR) - March 18, 2025 Deadline to Join – Contact Levi & Korsinsky
NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or the "Company") (NYSE: IIPR) of a class action securities lawsuit.
Class Action Filed Against Innovative Industrial Properties, Inc. (IIPR) - March 18, 2025 Deadline to Join – Contact Levi & Korsinsky
Neutral
Accesswire
20 hours ago
Lost Money on Innovative Industrial Properties, Inc. (IIPR)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=131322&wire=1 or contact Joseph E. Levi, Esq.
Lost Money on Innovative Industrial Properties, Inc. (IIPR)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Neutral
Accesswire
21 hours ago
A Lawsuit Has Been Filed Against Innovative Industrial Properties, Inc. For Securities Law Violations And Investors With Losses Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / February 21, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Innovative Industrial Properties, Inc. ("IIPR" or "the Company") (NYSE:IIPR) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 27, 2024 and December 19, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 18, 2025.
A Lawsuit Has Been Filed Against Innovative Industrial Properties, Inc. For Securities Law Violations And Investors With Losses Are Urged To Contact The Schall Law Firm
Neutral
Accesswire
21 hours ago
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Innovative Industrial Properties, Inc.(IIPR) Shareholders
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=131283&wire=1 or contact Joseph E. Levi, Esq.
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Innovative Industrial Properties, Inc.(IIPR) Shareholders
Neutral
Accesswire
22 hours ago
INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Innovative Industrial Properties, Inc. and Certain Officers - IIPR
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. ("IIPR", "IIP", or the "Company") (NYSE:IIPR) and certain officers. The class action, filed in the United States District Court for the District of Maryland, and docketed under 25-cv-00182, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired IIPR securities between February 27, 2024 and December 19, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Innovative Industrial Properties, Inc. and Certain Officers - IIPR
Neutral
Accesswire
1 day ago
Contact Levi & Korsinsky by March 18, 2025 Deadline to Join Class Action Against Innovative Industrial Properties, Inc. (IIPR)
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / If you suffered a loss on your Innovative Industrial Properties, Inc. (NYSE:IIPR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/innovative-industrial-properties-inc-lawsuit-submission-form?prid=131153&wire=1 or contact Joseph E. Levi, Esq.
Contact Levi & Korsinsky by March 18, 2025 Deadline to Join Class Action Against Innovative Industrial Properties, Inc. (IIPR)
Neutral
Accesswire
1 day ago
IIPR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Innovative Industrial Properties, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / February 21, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. ("IIPR" or "the Company") (NYSE:IIPR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired IIPR securities between February 27, 2024 and December 19, 2024, both dates inclusive (the "Class Period").
IIPR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Innovative Industrial Properties, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit!
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