Innovative Industrial Properties (IIPR) to Release Earnings on Monday

Innovative Industrial Properties (NYSE:IIPR) is projected to release its Q4 2025 results after the market closes on Monday, February 23rd. Analysts expect Innovative Industrial Properties to post earnings of $1.81 per share and revenue of $66.1630 million for the quarter. Parties may visit the the company’s upcoming Q4 2025 earning results page for the latest details on the call scheduled for Tuesday, February 24, 2026 at 12:00 PM ET.

Innovative Industrial Properties Price Performance

Shares of NYSE IIPR opened at $45.91 on Friday. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average price is $49.62 and its 200 day moving average price is $51.73. Innovative Industrial Properties has a 52 week low of $44.58 and a 52 week high of $74.92. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 10.88 and a beta of 1.47.

Innovative Industrial Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a yield of 16.6%. The ex-dividend date was Wednesday, December 31st. Innovative Industrial Properties’s dividend payout ratio is 180.09%.

Wall Street Analysts Forecast Growth

IIPR has been the subject of a number of analyst reports. Weiss Ratings downgraded Innovative Industrial Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, January 28th. Piper Sandler upped their target price on shares of Innovative Industrial Properties from $43.00 to $44.00 and gave the company an “underweight” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Sell” and an average price target of $52.75.

Insider Buying and Selling

In related news, Chairman Alan D. Gold acquired 2,600 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was bought at an average price of $49.09 per share, with a total value of $127,634.00. Following the purchase, the chairman directly owned 2,600 shares in the company, valued at $127,634. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Innovative Industrial Properties

Several hedge funds and other institutional investors have recently modified their holdings of IIPR. Daiwa Securities Group Inc. lifted its position in shares of Innovative Industrial Properties by 2.1% during the second quarter. Daiwa Securities Group Inc. now owns 9,878 shares of the company’s stock worth $545,000 after purchasing an additional 207 shares in the last quarter. Freestone Grove Partners LP increased its stake in Innovative Industrial Properties by 2.0% during the 4th quarter. Freestone Grove Partners LP now owns 12,467 shares of the company’s stock worth $590,000 after buying an additional 250 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Innovative Industrial Properties by 9.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,991 shares of the company’s stock worth $142,000 after buying an additional 262 shares in the last quarter. California State Teachers Retirement System boosted its position in Innovative Industrial Properties by 1.0% in the 2nd quarter. California State Teachers Retirement System now owns 26,152 shares of the company’s stock valued at $1,444,000 after buying an additional 264 shares during the last quarter. Finally, Metis Global Partners LLC grew its stake in shares of Innovative Industrial Properties by 5.0% during the fourth quarter. Metis Global Partners LLC now owns 6,630 shares of the company’s stock valued at $314,000 after acquiring an additional 313 shares in the last quarter. 70.58% of the stock is owned by institutional investors and hedge funds.

Innovative Industrial Properties Company Profile

Innovative Industrial Properties, Inc is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators in the regulated U.S. cannabis industry. The company’s portfolio includes greenhouse facilities, indoor cultivation sites, processing and distribution centers, and other purpose-built properties designed to meet stringent regulatory and operational requirements. By structuring long-term net leases, Innovative Industrial Properties provides its tenants with capital to expand and modernize their operations while maintaining stable, predictable rental income streams.

Founded in 2016 and headquartered in San Diego, California, Innovative Industrial Properties was the first publicly traded REIT in the medical-cannabis sector.