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Innovative Industrial Properties, Inc.

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About IIPR

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately 109 properties comprising an aggregate of 9.0 million rentable square feet (including 666,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiary is IIP Operating Partnership, LP (Operating Partnership).

Find out what a historical investment in Innovative Industrial Properties, Inc. would be worth today using our IIPR stock calculator.

Market Capitalisation

$1.57B

Price-earnings ratio

-

Dividend yield

13.70%

Volume

2

High today

$56.58

Low today

$54.71

Open price

$0.00

52-week high

$138.35

52-week low

$45.44

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IIPR FAQs

Buying IIPR shares in Australia can be done through an online investing platform, such as Stake. Follow the simple steps below to start investing in Innovative Industrial Properties, Inc. in minutes.
  1. Sign up with some I.D. and zero paperwork
  2. Add funds to your account
  3. Make your first investment in IIPR
The ticker symbol for Innovative Industrial Properties, Inc. is IIPR.
One share of IIPR is valued at $55.70 as of 14 May 2025.
As of 14 May 2025 Innovative Industrial Properties, Inc. has a market cap of $1.57B.
Yes, IIPR does pay dividends.
The dividend yield for IIPR is 13.70% as of 14 May 2025.
The Price to Earnings ratio of IIPR is 10.66.
The Earnings Per Share of IIPR is $5.21.
The Innovative Industrial Properties, Inc. 52-week high stock price is $138.35.
The Innovative Industrial Properties, Inc. 52-week low stock price is $45.44.
Yes, the Stake investing platform allows you to buy IIPR shares and over 12,000 more stocks and ETFs across the ASX and Wall St.

This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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