Innovative Industrial Properties, Inc. logo IIPR - Innovative Industrial Properties, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 4
HOLD 6
SELL 1
STRONG
SELL 0
| PRICE TARGET: $84.67 DETAILS
HIGH: $150.00
LOW: $44.00
MEDIAN: $60.00
CONSENSUS: $84.67
UPSIDE: 31.58%

Stock News

Innovative Industrial Properties Announces Second Quarter 2026 Earnings Release Date and Conference Call

Innovative Industrial Properties Announces Second Quarter 2026 Earnings Release Date and Conference Call

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its second quarter 2026 results after the close of trading on the New York Stock Exchange on Monday, August 3, 2026. Management will host an investor conference call at 9:00 a.m. Pacific Time on Tuesday, August 4, 2026, to discuss the company's financial results and operations for the quarter. The call will be available through a live audio webcast at the Investor Relations secti.

Jul 20, 2026 02:55 AM • businesswire.com
AI Bubble Risks Make Dividend Stocks Attractive Again

AI Bubble Risks Make Dividend Stocks Attractive Again

I identify dividend stocks and REITs that could protect investors from AI bubble risks, geopolitics, and inflation while generating attractive income. My "ALLKA Dividend Rating" model separates quality dividend opportunities from yield traps by analyzing dividend sustainability, growth prospects, and valuation. The article explores three dividend strategies, "High-Yield Defensive," "Balanced Income," and "Pure Growth," designed for goals ranging from high yield to dividend growth.

Jul 18, 2026 09:03 AM • seekingalpha.com
Innovative Industrial Properties: Capital Structure Risk Solved, 9% Preferred Yield Remains

Innovative Industrial Properties: Capital Structure Risk Solved, 9% Preferred Yield Remains

Innovative Industrial Properties (IIPR) navigated a $290M bond maturity by issuing preferred equity and later securing cheap senior unsecured debt. IIPR.PR.A preferred shares experienced a sharp drawdown due to capital structure decisions, not deteriorating fundamentals, and have since rebounded. IIPR's balance sheet remains robust with a Debt/Assets ratio of 0.14 and a debt service coverage ratio of 10.4x.

Jul 10, 2026 12:27 PM • seekingalpha.com
Innovative Industrial Properties Preferred: High Income Yield But Not A Buy-And-Hold Allocation

Innovative Industrial Properties Preferred: High Income Yield But Not A Buy-And-Hold Allocation

Innovative Industrial Properties Series A preferred shares offer an ~9.17% yield but are best suited for short-term, moderate allocations. IIPR.PR.A trades just below par, post-call date, exposing investors to negative convexity and heightened interest-rate sensitivity, limiting upside if rates decline. IIPR's low leverage and robust common equity base (~$1.8B) provide strong coverage for preferred obligations, with 19x earnings coverage on preferred dividends.

Jul 06, 2026 03:06 AM • seekingalpha.com
Innovative Industrial Properties: Cannabis Rescheduling Progress Reinforces The Re-Rating Thesis

Innovative Industrial Properties: Cannabis Rescheduling Progress Reinforces The Re-Rating Thesis

Innovative Industrial Properties remains a Strong Buy, with a compelling valuation, robust balance sheet, and a double-digit dividend yield. IIPR's AFFO was stable at $1.88/share, leverage is still low for a REIT, and recent capital raises support both investments and buybacks. Upcoming cannabis rescheduling could materially improve tenant health, expand the client base, and drive long-term growth and re-rating potential.

Jun 30, 2026 04:51 PM • seekingalpha.com
Innovative Industrial Properties Declares Second Quarter 2026 Dividends

Innovative Industrial Properties Declares Second Quarter 2026 Dividends

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a second quarter 2026 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.2 billion in common stock dividends to its shareholders.Additionally, IIP announced today that its board of directors has declared a regular quarterly divi.

Jun 15, 2026 02:55 AM • businesswire.com
Innovative Industrial Properties Prices Upsized Private Offering of Exchangeable Senior Notes Due 2029

Innovative Industrial Properties Prices Upsized Private Offering of Exchangeable Senior Notes Due 2029

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of a private offering of $350.0 million aggregate principal amount of 6.0% exchangeable senior notes due 2029 (the “notes”) of its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”). The offering was upsized from the previously announced offering size of $250.0 million in aggregate principal amount of notes. The offering is expected to close.

Jun 10, 2026 04:45 AM • businesswire.com
Innovative Industrial Properties Announces Launch of $250.0 Million Exchangeable Senior Notes Offering

Innovative Industrial Properties Announces Launch of $250.0 Million Exchangeable Senior Notes Offering

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”), intends to offer, subject to market and other conditions, $250.0 million aggregate principal amount of exchangeable senior notes due 2029 (the “notes”) in a private placement. The Operating Partnership also intends to grant the initial purchasers of the notes a 13-day option to purchase up to.

Jun 09, 2026 12:02 PM • businesswire.com
Innovative Industrial Properties: The 13% Yield Just Got De-Risked, Yet The Market Is Asleep

Innovative Industrial Properties: The 13% Yield Just Got De-Risked, Yet The Market Is Asleep

Innovative Industrial Properties is deeply undervalued, trading at a double-digit yield despite a strong, low-leverage balance sheet. Recent cannabis rescheduling to Schedule III is a major regulatory tailwind, poised to enhance tenant credit quality and reduce portfolio risk. IIPR has successfully refinanced its May debt maturity and is actively re-tenanting properties, with tentative agreements in place for all troubled assets.

Jun 08, 2026 02:03 AM • seekingalpha.com
Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes

Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026, satisfying a significant public debt maturity for the Company. The repayment was completed through cash on hand, availability under the Company's revolving credit facilities and proceeds from recently closed term loans. “Repaying this bond maturity represents a meaningful milestone for IIP, which reflects the s.

May 26, 2026 10:56 AM • businesswire.com

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