---
title: "Innovative Industrial Properties, Inc. (IIPR.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/IIPR.US.md"
symbol: "IIPR.US"
name: "Innovative Industrial Properties, Inc."
industry: "Equity Real Estate Investment Trusts (REITs)"
datetime: "2026-05-19T12:57:16.735Z"
locales:
  - [en](https://longbridge.com/en/quote/IIPR.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/IIPR.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/IIPR.US.md)
---

# Innovative Industrial Properties, Inc. (IIPR.US)

## Company Overview

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, United States.

| Item | Detail |
|------|--------|
| Industry | Equity Real Estate Investment Trusts (REITs) |
| Exchange | US Market |
| Website | [www.innovativeindustrialproperties.com](https://www.innovativeindustrialproperties.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:14.000Z

**Overall: C (0.52)**

**Industry**: Equity Real Estate Investment Trusts (REITs)

| Metric | Value |
|--------|-------|
| Industry Ranking | 79 / 162 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -13.63% |  |
| Net Profit YoY | -25.26% |  |
| P/B Ratio | 0.88 |  |
| Dividend Ratio | 13.92% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 1570510572.60 |  |
| Revenue | 263229000.00 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 6.04% | C |
| Profit Margin | 45.58% | A |
| Gross Margin | 89.02% | A |
| Revenue YoY | -13.63% | E |
| Net Profit YoY | -25.26% | D |
| Total Assets YoY | 1.76% | C |
| Net Assets YoY | -1.44% | D |
| Cash Flow Margin | 180.05% | B |
| OCF YoY | -13.63% | E |
| Turnover | 0.11 | E |
| Gearing Ratio | 20.86% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Innovative Industrial Properties, Inc.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-13.63%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-25.26%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.88",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "13.92%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "1570510572.60",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "263229000.00",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "6.04%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "45.58%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "89.02%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "-13.63%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-25.26%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.76%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "-1.44%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "180.05%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-13.63%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.11",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "20.86%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 14.14 | 11/162 | 12.88 | 11.59 | 10.70 |
| PB | 0.88 | 29/162 | 0.85 | 0.81 | 0.77 |
| PS (TTM) | 5.97 | 89/162 | 5.54 | 5.22 | 4.98 |
| Dividend Yield | 13.93% | 4/162 | 15.25% | 14.31% | 13.54% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Welltower Op (WELL.US) | C | A | D | B | A | B |
| 02 | Caretrust Reit (CTRE.US) | B | A | E | A | B | B |
| 03 | American Healthcare REIT (AHR.US) | C | B | C | B | B | B |
| 04 | Terreno Realty (TRNO.US) | B | B | E | A | B | B |
| 05 | Essential Properties Realty (EPRT.US) | B | B | E | B | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-08T04:00:00.000Z

Total Analysts: **6**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 17% |
| Hold | 4 | 67% |
| Underweight | 1 | 17% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 54.58 |
| Highest Target | 90.00 |
| Lowest Target | 45.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/IIPR.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/IIPR.US/norm.md)
- [Related News](https://longbridge.com/en/quote/IIPR.US/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/IIPR.US/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**