1IK Stock Chart & Stats
€48.28
-€0.70(-1.30%)
At close: 4:00 PM EDT
€48.28
-€0.70(-1.30%)
Day’s Range― - ―
52-Week Range€37.85 - €56.50
Previous CloseN/A
Volume0.00
Average Volume (3M)54.00
Market Cap
€1.28B
Enterprise Value€2.39B
Total Cash (Recent Filing)€204.73M
Total Debt (Recent Filing)€609.03M
Price to Earnings (P/E)11.5
Beta0.62
Next Earnings
Nov 02, 2026EPS Estimate
0.8Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.51
Shares Outstanding27,570,862
10 Day Avg. Volume47
30 Day Avg. Volume54
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)0.72
Price to Sales (P/S)4.99
P/FCF Ratio7.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€56.24Price Target Upside16.48% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)3.79
Revenue Forecast (FY)€225.42M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetThe conservative balance sheet gives IIPR meaningful financial flexibility and reduces interest burden relative to a more leveraged REIT. This supports resilience through tenant disruptions, preserves capacity for acquisitions or investment, and lowers refinancing pressure over the next several quarters.
High Profitability And Cash GenerationVery high margins and strong conversion of earnings into cash indicate an economically attractive lease model with substantial internal funding capacity. If maintained, this profitability can support dividends, preserve liquidity, and provide resources for portfolio investment without relying entirely on external capital.
Life Science DiversificationThe Alewife Park investment broadens IIPR beyond its cannabis-property concentration while adding a contractual, potentially earnings-accretive financing stream. The longer maturity and rights to future financings or a potential purchase could create a durable platform for expanding into another specialized real estate segment.
Bears Say
Uneven Revenue And Earnings TrajectoryThe rebound in TTM revenue is encouraging, but the preceding decline shows that earnings growth is not yet consistently durable. Uneven revenue and softened net income can constrain AFFO expansion, reduce predictability for dividend coverage, and make future portfolio growth more dependent on successful acquisitions.
Tenant Credit And Lease-transition RiskTenant defaults and surrendered premises demonstrate that operator credit quality can affect occupancy, rent collection, and property-level returns. Although replacement leasing and escrowed rent provide mitigation, repeated transitions could require concessions, capital spending, or time to stabilize assets and cash flows.
Potential Dilution And Preferred Funding CostsExpanded equity capacity improves funding flexibility but creates a durable risk of dilution if common or preferred shares are issued aggressively. The 9.25% preferred distribution also represents a high contractual capital cost and ranks ahead of common distributions, potentially limiting per-share cash-flow growth.
Innovative Industrial Properties News
1IK FAQ
What was Innovative Industrial Properties’s price range in the past 12 months?
Innovative Industrial Properties lowest stock price was €37.85 and its highest was €56.50 in the past 12 months.
What is Innovative Industrial Properties’s market cap?
Innovative Industrial Properties’s market cap is €1.28B.
When is Innovative Industrial Properties’s upcoming earnings report date?
Innovative Industrial Properties’s upcoming earnings report date is Nov 02, 2026 which is tomorrow.
How were Innovative Industrial Properties’s earnings last quarter?
Innovative Industrial Properties released its earnings results on Aug 03, 2026. The company reported €1.214 earnings per share for the quarter, beating the consensus estimate of €0.915 by €0.299.
Is Innovative Industrial Properties overvalued?
According to Wall Street analysts Innovative Industrial Properties’s price is currently Undervalued.
Does Innovative Industrial Properties pay dividends?
Innovative Industrial Properties does not currently pay dividends.
What is Innovative Industrial Properties’s EPS estimate?
Innovative Industrial Properties’s EPS estimate is 0.8.
How many shares outstanding does Innovative Industrial Properties have?
Innovative Industrial Properties has 27,570,862 shares outstanding.
What happened to Innovative Industrial Properties’s price movement after its last earnings report?
Innovative Industrial Properties reported an EPS of €1.214 in its last earnings report, beating expectations of €0.915. Following the earnings report the stock price went down -1.656%.
Which hedge fund is a major shareholder of Innovative Industrial Properties?
Currently, no hedge funds are holding shares in DE:1IK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Innovative Industrial Properties Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€56.24 (16.48% Upside)
€56.24 (16.48% Upside)
Blogger Sentiment
Bullish
DE:1IK Sentiment 64%
Sector Average 62%
Sector Average 62%
Insider Transactions
Bought Shares
Worth €892.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.81%
12-Months-Change
Fundamentals
Return on Equity
7.39%
Trailing 12-Months
Asset Growth
12.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Innovative Industrial Properties
Innovative Industrial Properties, Inc. is an independently managed, Maryland-based corporation primarily focused on acquiring, owning, and overseeing unique real estate assets. These properties are subsequently leased to experienced, state-licensed operators who utilize them for their regulated medical cannabis facilities. For tax purposes, the company adopted the structure of a Real Estate Investment Trust (REIT) starting from the end of 2017.
1IK Company Deck
1IK Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call depicts a company in stabilization and active execution mode: revenue and AFFO were stable with modest revenue growth (+3.5%), substantial leasing activity and portfolio re‑tenants underway, meaningful capital raising ($128M) and strong liquidity/credit metrics. Offsetting these positives are near-term refinancing needs, higher financing costs (term loan at 9% and prospective financings ~8%+), legacy tenant defaults requiring retenanting and conditional LOIs subject to licensing and diligence. Regulatory progress (medical rescheduling) is material and positive for operator economics, but important banking/interstate-commerce issues remain unresolved. Overall the company is making clear operational progress while managing elevated financing and transitional asset risks.View all DE:1IK earnings summaries1IK Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€56.24
▲(16.48% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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