INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
Sector: Real Estate
Industry: REIT - Industrial
Innovative Industrial Properties, Inc.
NYSE:IIPRReal Estate · REIT - Industrial
-0.85%$54.83
CLOSED · Nov 6Prev close$55.30-0.85%Close$54.830.00%AH close$54.83
AH$54.83+0.00%vs close
Mkt Cap$1.51B
Float26.92M
O/S27.57M
VOL344K sh
$ Vol$18.76M
RVOL1.02×
Inst Own75.3%
SI13.2%
Div Yield13.86%
Dilution
MCap$1.51B
Float26.92M
O/S27.57M
Dilution
Historical Data
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Nov 6, 2026 | 54.31 | 54.92 | 53.85 | 54.83 | 344,101 |
| Nov 5, 2026 | 56.95 | 57.33 | 54.80 | 55.30 | 326,443 |
| Nov 4, 2026 | 55.54 | 56.79 | 55.20 | 56.33 | 517,157 |
| Nov 3, 2026 | 54.91 | 56.36 | 53.45 | 55.00 | 544,989 |
| Nov 2, 2026 | 52.98 | 54.67 | 52.91 | 54.40 | 398,060 |
| Oct 30, 2026 | 53.50 | 53.95 | 51.86 | 52.04 | 310,055 |
| Oct 29, 2026 | 53.25 | 53.99 | 53.03 | 53.46 | 237,461 |
| Oct 28, 2026 | 53.01 | 53.21 | 52.58 | 52.86 | 198,245 |
| Oct 27, 2026 | 53.44 | 53.75 | 52.67 | 52.96 | 308,995 |
| Oct 26, 2026 | 54.10 | 54.75 | 53.63 | 53.68 | 196,842 |
| Oct 23, 2026 | 54.25 | 54.78 | 53.91 | 54.21 | 219,329 |
| Oct 22, 2026 | 52.78 | 54.77 | 52.44 | 54.56 | 381,159 |
| Oct 21, 2026 | 52.92 | 53.04 | 52.26 | 52.58 | 257,735 |
| Oct 20, 2026 | 52.01 | 52.98 | 52.01 | 52.77 | 250,913 |
| Oct 19, 2026 | 52.55 | 52.60 | 51.41 | 51.61 | 246,849 |
| Oct 16, 2026 | 53.20 | 53.55 | 52.22 | 52.39 | 333,562 |
| Oct 15, 2026 | 51.97 | 53.21 | 51.97 | 53.20 | 364,100 |
| Oct 14, 2026 | 51.75 | 52.66 | 51.10 | 51.43 | 575,595 |
| Oct 13, 2026 | 51.76 | 51.87 | 50.81 | 51.55 | 427,979 |
| Oct 12, 2026 | 51.83 | 51.84 | 50.54 | 51.19 | 283,784 |
Analyst Coverage
Analyst Coverage
ConsensusHold
Price Target
Not availableRatings Distribution
BUY4
HOLD6
SELL1
TOTAL11
Insider Trades
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| EXECUTIVE CHAIRMAN | Purchase | 40.0K | $1.00M | Oct 8, 2026 | |
| Director | Sale | 611 | $34.4K | Sep 15, 2026 | |
| Director | Purchase | 528 | $29.9K | Aug 31, 2026 | |
| CFO AND TREASURER | Grant/Award | 9.2K | -- | Jun 19, 2026 | |
| EXECUTIVE CHAIRMAN | Grant/Award | 34.0K | -- | Jun 19, 2026 | |
| PRESIDENT, CEO AND DIRECTOR | Grant/Award | 22.3K | -- | Jun 19, 2026 |
Shareholders
75.3%
Institutional
(327)
1.2%
Insiderⓘ
(10)
0.0%
5%+ Owners
(0)
23.5%
Unattributed (incl. retail)ⓘ
Institutional75.3%
Insider1.2%
Unattributed (incl. retail)23.5%
Top Shareholders
| Name | Shares | % | Source |
|---|---|---|---|
BlackRock, Inc. | 5.0M | 18.1% | 13F |
BlackRock, Inc. · also on 13F· may incl. warrants· filed Oct 2026 | 4.9M | 17.7% | 13G |
Vanguard Portfolio Management · also on 13F· may incl. warrants· filed Sep 2026 | 2.9M | 10.4% | 13G |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.8M | 10.2% | 13F |
STATE STREET CORP | 1.6M | 5.9% | 13F |
VANGUARD CAPITAL MANAGEMENT LLC | 1.3M | 4.7% | 13F |
Zimmer Partners, LP · filed Feb 2024 | 950.6K | 3.4% | 13G |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 648.6K | 2.4% | 13F |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 564.3K | 2.0% | 13F |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 524.2K | 1.9% | 13F |
Sources: 13F, Form 4, 13D/13GO/S: 27.6M · as of 3 Nov 2026 · SEC cover page
Insiders & Institutional Holders
Insiders
- Gold Alan DEXECUTIVE CHAIRMAN
- Shoemaker ScottDirector
- Ives Bruce AlanDirector
- Smith David JonCFO AND TREASURER
- Smithers Paul E.PRESIDENT, CEO AND DIRECTOR
- Boyle David GerardDirector
- Bui AndyVP, CHIEF ACCOUNTING OFFICER
- Kreitzer Gary ADirector
- Stecher DavidDirector
- Wolfe Brian J.VP, GEN. COUNSEL AND SECRETARY
About
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.
Key Metrics
Market Cap$1.51B
Enterprise Value--
P/E Ratio13.53
Est. Net Cash/Share--
Institutional Ownership75.30%
based on 27.57M shares outstanding
SectorReal Estate
IndustryREIT - Industrial
ExchangeNYSE
Country
US
IPO DateDec 1, 2016
Shares Outstanding27.57M
Authorized Shares
Float26.92M
52-Week Range
$44.58$61.40
$54.83(61st percentile)
Volume
Average Daily Volume336.17K
344.10K today vs 336.17K avg(+2%)
30d Avg
336.17K
60d Avg
395.66K
90d Avg
366.55K
Earnings
Dividend History
TTM Yield
13.86%
Paid quarterly
Annual (LTM)
$7.60
Latest
$1.9000
Sep 30, 26
5Y Growth
+6.84%
per year
Compliance Status
Loading compliance data...