Stocktoria

INNOVATIVE INDUSTRIAL PROPERTIES INC IIPR

NYSE · reit · Real Estate · website · IPO 2016-11-29 · LEI

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) earns a Piotroski F-score of 4/9 (mixed financial health). It pays a dividend yielding 11.79% (safety: at-risk). FY2025 revenue was $266.0M at a 44.5% net margin.

Chart by TradingView
57/100
Stocktoria Quality Score · grade C
4/9
Piotroski F — financial health
Altman Z″ — distress risk
8.7%
Dividend yield 5y avg · at-risk · Dividend payout 182.9%

Quality score trend · recomputed for each fiscal year

Piotroski F /9
4 5 5 5 5 5 4 4 20182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$57.72 as of 2026-08-01 · +1.9% 1y
$47.36$61.9852-wk
Market cap USD$1.8B
P / E15.5×
Dividend yield 5y avg8.7%
Net margin 5y avg52.4%
Return on equity 5y avg7.6%
Beta1.45
Employees23

Analyst price target

$61.75 +7% vs last
consensus: hold · 4 analysts
target range $45.00 – $90.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 9y · up

How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies

Piotroski Fstronger than 46%
Net marginstronger than 82%
Return on equitystronger than 42%
Revenue growthstronger than 9%

Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 4/9 tests passed

Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
IIPRINNOVATIVE INDUSTRIAL PROPERTIES INC4/915.5-13.8%
GTYGETTY REALTY CORP /MD/5/925.7+9%
AHRTAH Realty Trust, Inc.4/9-51.5%
CMTGClaros Mortgage Trust, Inc.3/9-24.4%
CURBCurbline Properties Corp.5/982.8+51.3%
FPHFive Point Holdings, LLC3/98.5-53.8%
OPIOFFICE PROPERTIES INCOME TRUST1/9-11.8%

All Finance, Insurance & Real Estate companies →

About INNOVATIVE INDUSTRIAL PROPERTIES INC

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland and is based in San Diego, California.

FAQ

Is IIPR financially healthy?

INNOVATIVE INDUSTRIAL PROPERTIES INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak).

Does IIPR pay a dividend, and is it safe?

Yes. INNOVATIVE INDUSTRIAL PROPERTIES INC pays a dividend yielding about 11.79% with a 182.9% payout ratio, rated “at-risk” for safety.

How profitable is IIPR?

In FY2025, INNOVATIVE INDUSTRIAL PROPERTIES INC had a net margin of 44.5% and a return on equity of 6.4%.

Is IIPR overvalued or undervalued?

INNOVATIVE INDUSTRIAL PROPERTIES INC trades at about 14.7× trailing earnings — below its 10-year norm (10-year range 12.3×–82.6×, median 43.6×). Stocktoria reports the data, not buy/sell advice.

What is the analyst price target for IIPR?

The average Wall-Street price target for INNOVATIVE INDUSTRIAL PROPERTIES INC is $61.75, about 7.0% above the recent price, from 4 analysts (consensus: hold).

Is IIPR a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on INNOVATIVE INDUSTRIAL PROPERTIES INC: a Piotroski F-score of 4/9, a P/E of about 15.5×, a dividend yield of 11.79%. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.