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

Net Interest Income

Last Annual Value

-20.20M

3-Year CAGR

-10%

5-Year CAGR

-38%

10-Year CAGR

Adjust for Inflation

Innovative Industrial Properties, Inc. Competitors Analysis of Net Interest Income

IIPR · NYSE

Company	Net Interest Income	CAGR 3Y	CAGR 5Y	CAGR 10Y
Innovative Industrial Properties, Inc. NYSE:IIPR	-20.20M	N/A	N/A	N/A
KKR Real Estate Finance Trust Inc. NYSE:KREF	112.64M	-14.7%	-7.4%	16.1%
Ellington Financial Inc. NYSE:EFC	189.96M	20.8%	7.6%	12.6%
Apollo Commercial Real Estate Finance, Inc. NYSE:ARI	166.69M	-12.9%	-8.9%	-1.8%
EPR Properties NYSE:EPR	-68.92M	N/A	N/A	N/A
UMH Properties, Inc. NYSE:UMH	-20.94M	N/A	N/A	N/A
Ladder Capital Corp NYSE:LADR	91.98M	-17.2%	N/A	-2.3%
Forestar Group Inc. NYSE:FOR	6.30M	-22.6%	39.3%	N/A
Plymouth Industrial REIT, Inc. NYSE:PLYM	-30.75M	N/A	N/A	N/A
Veris Residential, Inc. NYSE:VRE	-88.21M	N/A	N/A	N/A
TPG RE Finance Trust, Inc. NYSE:TRTX	101.28M	5.1%	-8.2%	1.0%

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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