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Innovative Industrial Properties (NYSE:IIPR)

MarketBeat Followers
2,176
Market Cap
$1.51 billion
Consensus Rating
Hold
Rating Score
2.2
Ratings Breakdown
3 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings.
Consensus Price Target
$78.67 (46.2% Upside)

About Innovative Industrial Properties

Innovative Industrial Properties logoInnovative Industrial Properties, Inc is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
4/23/2025Wolfe ResearchInitiated CoverageHold ➝ Outperform$57.00
4/15/2025Piper SandlerLower Price TargetUnderweight ➝ Underweight$55.00 ➝ $45.00
4/1/2025Industrial Alliance SecuritiesReiterated RatingNeutral ➝ Neutral
3/31/2025Piper SandlerLower Price TargetUnderweight ➝ Underweight$60.00 ➝ $55.00
3/31/2025Compass PointReiterated RatingNeutral ➝ Sell$60.00 ➝ $50.00
3/18/2025Industrial Alliance SecuritiesSet Price Target$60.00
3/18/2025Compass PointLower Price TargetNeutral ➝ Neutral$78.00 ➝ $60.00
3/17/2025Piper SandlerLower Price TargetUnderweight ➝ Underweight$70.00 ➝ $60.00
2/21/2025Roth MkmLower Price TargetBuy ➝ Buy$140.00 ➝ $130.00
12/23/2024Alliance Global PartnersDowngradeStrong-Buy ➝ Hold