IIPR - NYSE

Innovative Industrial Properties, Inc.

IIPR·NYSE

$57.27

+2.0%

Real EstateREIT - Industrial

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 medical-use 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.65B

EPS3.9800

P/E Ratio11.59

Earnings Date08/05/2026

iipr

Capital Lease Obligations

Last Annual Value

27.00K

3-Year CAGR

5-Year CAGR

-52%

10-Year CAGR

-75%

Adjust for Inflation

Innovative Industrial Properties, Inc. Competitors Analysis of Capital Lease Obligations

IIPR · NYSE

Company	Capital Lease Obligations	CAGR 3Y	CAGR 5Y	CAGR 10Y
Innovative Industrial Properties, Inc. NYSE:IIPR	27.00K	N/A	N/A	-75.1%
KKR Real Estate Finance Trust Inc. NYSE:KREF	0.00	N/A	N/A	N/A
Ellington Financial Inc. NYSE:EFC	0.00	N/A	N/A	N/A
Apollo Commercial Real Estate Finance, Inc. NYSE:ARI	0.00	N/A	N/A	N/A
EPR Properties NYSE:EPR	204.75M	-3.4%	-1.3%	107.4%
UMH Properties, Inc. NYSE:UMH	0.00	N/A	N/A	N/A
Ladder Capital Corp NYSE:LADR	0.00	N/A	N/A	N/A
Forestar Group Inc. NYSE:FOR	14.40M	21.1%	14.6%	N/A
Plymouth Industrial REIT, Inc. NYSE:PLYM	2.30M	0.4%	0.6%	5.0%
Veris Residential, Inc. NYSE:VRE	4.40M	-15.7%	N/A	N/A
TPG RE Finance Trust, Inc. NYSE:TRTX	0.00	N/A	N/A	N/A

Innovative Industrial Properties, Inc. Fair Value Envelope

IIPR · NYSE

Our analysis suggests that IIPR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $57.27, this represents a potential HIDDEN relative to our calculated worth for Innovative Industrial Properties, Inc..

HIDDEN

Intrinsic Value

Current Price: $57.27

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