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

Common Stock

Last Annual Value

28.00K

3-Year CAGR

5-Year CAGR

10-Year CAGR

25%

Adjust for Inflation

Innovative Industrial Properties, Inc. Competitors Analysis of Common Stock

IIPR · NYSE

Company	Common Stock	CAGR 3Y	CAGR 5Y	CAGR 10Y
Innovative Industrial Properties, Inc. NYSE:IIPR	28.00K	0.0%	1.5%	25.0%
KKR Real Estate Finance Trust Inc. NYSE:KREF	644.00K	-2.4%	1.0%	10.3%
Ellington Financial Inc. NYSE:EFC	113.00K	10.8%	14.3%	-57.8%
Apollo Commercial Real Estate Finance, Inc. NYSE:ARI	1.39M	-0.6%	-0.1%	4.3%
EPR Properties NYSE:EPR	842.00K	0.5%	0.5%	2.4%
UMH Properties, Inc. NYSE:UMH	8.48M	7.7%	10.4%	11.2%
Ladder Capital Corp NYSE:LADR	127.00K	0.0%	0.2%	1.4%
Forestar Group Inc. NYSE:FOR	50.70M	0.5%	0.4%	1.2%
Plymouth Industrial REIT, Inc. NYSE:PLYM	454.00K	0.1%	4.7%	65.2%
Veris Residential, Inc. NYSE:VRE	934.00K	0.4%	0.5%	0.4%
TPG RE Finance Trust, Inc. NYSE:TRTX	78.00K	0.4%	0.3%	6.9%

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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