Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Innovative Industrial Properties (0JBD) Share Price & Analysis

1 Followers

0JBD Stock Chart & Stats

$52.67-$0.32(-0.61%)
At close: 4:30 PM GMT
$50$52.5$55$57.5Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$52.07 - $53.97
52-Week Range
$44.75 - $66.28
Previous Close
$52.99
Volume
N/A
Average Volume (3M)
538
Market Cap
$1.46B
Enterprise Value
$2.15B
Total Cash (Recent Filing)
$142.35M
Total Debt (Recent Filing)
$695.96M
Price to Earnings (P/E)
11.8
Beta
1.16
Next Earnings
Mar 01, 2027 (Est.)
EPS Estimate
0.93
Last Dividend Ex-Date
Sep 30, 2026
Dividend Yield
14.41%

Bulls Say, Bears Say

Bulls Say

High Profitability And Cash Conversion

Very high profitability and strong TTM cash conversion indicate that reported earnings are being supported by cash generation. This provides capacity to fund operations, support distributions, and pursue investments, while improving resilience against normal volatility in tenant payments and property activity.

Life Science Diversification

Expanding into life science real estate reduces the company’s concentration in cannabis-related assets and broadens its tenant and capital-market exposure. The planned income contribution creates a more diversified earnings base and gives IIPR access to an additional structural property sector.

Leasing And Re-Tenanting Execution

Substantial leasing activity and controlled re-tenanting costs demonstrate tangible progress in redeploying properties affected by tenant transitions. Successful execution can restore occupancy, limit capital needs, and improve the durability of rental income across the existing portfolio.

Bears Say

Cooling Revenue Growth

The slowdown in top-line growth indicates that earlier expansion has become less consistent. Weaker revenue momentum can limit internal earnings growth, reduce the pace of portfolio expansion, and make future performance more dependent on successful acquisitions, leasing, and tenant recoveries.

Vacancy And Extended Re-Leasing Timelines

A sizable vacant area can suppress rental income and property productivity until replacement tenants are secured. The stated six-to-18-month timeline, including licensing and regulatory steps, means vacancies may remain a material drag on cash flow and occupancy over the next several quarters.

Rising Leverage

Although leverage remains reasonable for a REIT, its upward trend reduces balance-sheet flexibility compared with prior periods. Higher debt relative to equity can constrain capital allocation, increase sensitivity to financing conditions, and leave less capacity to absorb tenant disruptions or fund new investments.

Innovative Industrial Properties News

0JBD FAQ

What was Innovative Industrial Properties’s price range in the past 12 months?
Innovative Industrial Properties lowest share price was $44.75 and its highest was $66.28 in the past 12 months.
What is Innovative Industrial Properties’s market cap?
Innovative Industrial Properties’s market cap is $1.46B.
When is Innovative Industrial Properties’s upcoming earnings report date?
Innovative Industrial Properties’s next earnings report is estimated for Mar 01, 2027 (not yet confirmed), which is in 106 days.
How were Innovative Industrial Properties’s earnings last quarter?
Innovative Industrial Properties released its earnings results on Nov 02, 2026. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.9 by $0.09.
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 pays a quarterly dividend of $1.9 which represents an annual dividend yield of 14.41%. See more information on Innovative Industrial Properties dividends here
What is Innovative Industrial Properties’s EPS estimate?
Innovative Industrial Properties’s EPS estimate is 0.93.
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 $0.99 in its last earnings report, beating expectations of $0.9. Following the earnings report the stock price went up 2.221%.
Which hedge fund is a major shareholder of Innovative Industrial Properties?
Hedge funds hold Innovative Industrial Properties shares: the largest hedge-fund position in Innovative Industrial Properties is 475,130,242 shares, and hedge funds increased their holdings by 24.0 shares last quarter.
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