Stock Taper
IIPR-PA
INNOVATIVE INDUSTRIAL PROPERTIES, INC. 9.00% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK
NYSE
$24.09
▼ DOWN 0.99% (-0.24)

KEY STATISTICS

Market Cap$48.53 M
52w High$25.39
52w Low$20.86
Dividend Yield9.01%
FrequencyQuarterly
P/E5.38
Volume57.12K
Shares Out.2.01M

COMPANY

LEADERSHIP

Paul E. Smithers
CHIEF EXECUTIVE
Paul E. Smithers

COMPENSATION 2026

Salary$1,120,350
Stock Awards$2,375,203
Incentive Plan Pay$1,216,364
All Other Comp.$10,500
Total$4,722,417

ABOUT

SECTOR
Real Estate
WENT PUBLIC
October 24, 2017
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
23

UPCOMING EARNINGS

DateNov 4, 2026
DayWednesday
Rev. Est.$60.87M
NOV
4
WED

ETFS HOLDING THIS STOCK

ETFS HOLDING
6
LISTED HERE
3
RANKED BY POSITION SIZE

PRICE

$24.09 ▼ DOWN 0.99% (−$0.24)
$23.85$24.00$24.159:30 AM10:35 AM11:40 AM12:45 PM1:49 PM2:54 PM3:59 PM24.09

About Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock

https://www.innovativeindustrialproperties.com ↗

Innovative Industrial Properties, Inc. is a Maryland REIT that acquires, owns, and manages specialized properties leased to licensed operators for regulated medical cannabis facilities.

INDUSTRY

REIT - Industrial

A SERVICE INNOVATIVE INDUSTRIAL PROPERTIES, INC. 9.00% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK IS KNOWN FOR

Specialized Industrial Real Estate Leasing and Financing

Innovative Industrial Properties provides real estate capital to the regulated cannabis and life science industries through sale-leaseback transactions, leasing specialized properties long-term to support operators with limited traditional financi...

COMPETITORS

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock in 2025

SENTIMENT: + POSITIVE
Alan Gold
PARTNERSHIP · Q2 2025

Innovative Industrial Properties Makes First Major Move Beyond Cannabis with $270 Million Investment in Life Science REIT IQHQ

Innovative Industrial Properties announced a strategic partnership and a $270 million investment into IQHQ, a private real estate investment trust focused on the life science sector. This move, revealed during their Q2 2025 earnings call, marks the company's first significant diversification outside of the cannabis industry and was positioned as a key driver for future growth and shareholder value.

MARKET EXPANSION · AUGUST 2025 · IN PROGRESS

Innovative Industrial Properties Diversifies Beyond Cannabis with a $270 Million Strategic Investment in Life Science Real Estate

Innovative Industrial Properties announced a significant strategic pivot with a $270 million investment into IQHQ, a prominent life science real estate platform. This marks the company's first major expansion outside of the regulated cannabis industry, signaling a deliberate move to diversify its portfolio and tenant base.

RATINGS SNAPSHOT

Overall rating: A

DCFROEROAD/EP/EP/B
Discounted Cash Flow5
Return On Equity3
Return On Assets5
Debt To Equity1
Price To Earnings4
Price To Book5
Overall Score4

SECTORS PEERS

PEERPRICE
EPR$54.38COMPARE
DX$10.48COMPARE
DRH$12.41COMPARE
LTC$42.23COMPARE
GTY$27.67COMPARE
ARR$13.22COMPARE
EFC$11.60COMPARE
KREF$6.17COMPARE

INSIDER TRADES

★
DIRECTOR
Shoemaker Scott
Sale · 611 shares
2026-09-15
★
DIRECTOR
Ives Bruce Alan
Purchase · 528 shares
2026-08-31
★
DIRECTOR, OFFICER: PRESIDENT, CEO AND DIRECTOR
Smithers Paul E.
Purchase · 22.3K shares
2026-06-19
★
OFFICER: CFO AND TREASURER
Smith David Jon
Purchase · 9.2K shares
2026-06-19