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

Long Term Investments

Last Annual Value

2.29B

3-Year CAGR

125%

5-Year CAGR

30%

10-Year CAGR

Adjust for Inflation

Innovative Industrial Properties, Inc. Competitors Analysis of Long Term Investments

IIPR · NYSE

Company	Long Term Investments	CAGR 3Y	CAGR 5Y	CAGR 10Y
Innovative Industrial Properties, Inc. NYSE:IIPR	2.29B	370.7%	47.8%	N/A
KKR Real Estate Finance Trust Inc. NYSE:KREF	697.18M	144.6%	78.4%	34.3%
Ellington Financial Inc. NYSE:EFC	18.75B	9.6%	N/A	28.4%
Apollo Commercial Real Estate Finance, Inc. NYSE:ARI	894.15M	17.7%	39.6%	6.0%
EPR Properties NYSE:EPR	4.58B	351.6%	162.6%	45.4%
UMH Properties, Inc. NYSE:UMH	31.13M	7.8%	28.4%	-11.8%
Ladder Capital Corp NYSE:LADR	2.13B	58.3%	-11.7%	-0.0%
Forestar Group Inc. NYSE:FOR	0.00	N/A	N/A	N/A
Plymouth Industrial REIT, Inc. NYSE:PLYM	62.38M	N/A	60.6%	N/A
Veris Residential, Inc. NYSE:VRE	52.19M	-23.8%	-17.6%	-16.6%
TPG RE Finance Trust, Inc. NYSE:TRTX	3.98M	N/A	N/A	-24.0%

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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