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Company Analysis

Innovative Industrial Propertie IIPR

A comprehensive view of key metrics, scores, and financial health for Innovative Industrial Propertie

Overview of Innovative Industrial Properties, Inc.

IIPR NYQ
Real Estate REIT - Industrial Small Cap
Innovative Industrial Properties, Inc. (IIPR), is a Small Cap company, in the REIT - Industrial industry, last closed at $52.66, about 45.0% overvalued vs fair value, -18.0% 1Y return, ranked 220/330 in sector.
$52.66
-0.87%
As of March 13, 2026
Previous close • Vol 90d: 43.2%
52-Week Range
Market Cap
$1.51B
Enterprise Value
$1.85B
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.innovativeindustri...
HQ San Diego, CA
Employees 23
Fiscal year Dec 31

Next Events

Earnings May 6 Estimated

Fair Value Snapshot

Bear Base Bull
$26
$29
$33
Current: $52.66 -45% vs base

Engine Room Money Flow™

Small Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$266.0M
-13.8%%
Net Operating Income
$124.1M
-27.7%%
Net Income
$157.6M
-29.2%%
FFO (Funds From Operations)
$225.0M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
0.4%
Excellent

Dividends / FFO - basic dividend safety

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$20.9M
9.3% of AFFO

Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Innovative Industrial Propertie's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
57
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Moderate
56
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 94% Coverage
Trade-Off Triangle Visualization A ternary plot showing IIPR's balance between Growth (29.4%), Profitability (39.1%), and Safety (31.6%). Growth 29% Safety 32% Profitability 39%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

36th percentile vs peers
36
Key Signals
AFFO/Share 6.73 76p FFO/Share 6.73 70p AFFO YoY Growth 25.1% 62p EPS CAGR 3Y 9.3% 69p EPS Growth YoY -3.6% 44p
Strengths
  • Affo Margin in top 20% of peers (70.9%, 83th percentile)
  • Equity/Assets in top 20% of peers (78.0%, 91th percentile)
  • Consistently strong margins across 4 metrics
Risks
  • Rev Growth Yoy in bottom 20% of peers (-13.8%)

Profitability

48th percentile vs peers
49
Key Signals
Strengths
Risks
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Safety

39th percentile vs peers
39
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Innovative Industrial Propertie.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
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Bear
-
- - -
- upside
-
Base
$28.97
- - -
-45.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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