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Innovative Industrial Properties (IIPR) Stock Forecast, Price Target & Predictions

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IIPR Stock Forecast

Innovative Industrial Properties (IIPR) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $52.50, with a high of $60.00 and a low of $45.00. This represents a 1.72% increase from the last price of $51.61.

$45 $63 $81 $99 $117 $135 High: $60 Avg: $52.5 Low: $45 Last Closed Price: $51.61

IIPR Stock Rating

Innovative Industrial Properties stock's rating consensus is Buy, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (40.00%), 4 Hold (40.00%), 2 Sell (20.00%), and 0 Strong Sell (0.00%).

Buy
Total 10 0 2 4 4 Strong Sell Sell Hold Buy Strong Buy

IIPR Price Target Upside V Benchmarks

TypeNameUpside
StockInnovative Industrial Properties1.72%
SectorReal Estate Stocks 20.09%
IndustryIndustrial REIT Stocks 25.36%
IdeaCannabis Stocks List290.27%

Price Target Trends

1M3M12M
# Anlaysts237
Avg Price Target$52.50$55.00$93.29
Last Closing Price$51.61$51.61$51.61
Upside/Downside1.72%6.57%80.76%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251-5118
Mar, 251-6-18
Feb, 251-6-18
Jan, 251-6-18
Dec, 24136-111
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 15, 2025Alexander GoldfarbPiper Sandler$45.00$50.48-10.86%-12.81%
Mar 18, 2025Industrial Alliance Securities$60.00$64.49-6.96%16.26%
Nov 15, 2024Alexander GoldfarbPiper Sandler$118.00$103.2514.29%128.64%
Aug 09, 2024Alexander GoldfarbPiper Sandler$120.00$114.944.40%132.51%
Jul 22, 2024Scott FortuneIndustrial Alliance Securities$140.00$118.2818.36%171.27%
May 31, 2024Alexander GoldfarbPiper Sandler$110.00$106.972.83%113.14%
Jul 19, 2022JMP Securities$150.00$90.2566.20%190.64%
Jun 02, 2022JMP Securities$190.00$134.3641.41%268.15%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 15, 2025Piper SandlerUnderweightUnderweighthold
Apr 01, 2025Industrial Alliance SecuritiesNeutralNeutralhold
Dec 24, 2024Compass PointBuyNeutraldowngrade
Nov 15, 2024Piper SandlerNeutralNeutralhold
Aug 09, 2024Piper SandlerNeutralNeutralhold
May 31, 2024Piper SandlerNeutralNeutralhold
Mar 07, 2024Craig-HallumHoldHoldhold
Sep 19, 2022Compass PointBuyupgrade
Jul 19, 2022JMP SecuritiesMarket OutperformMarket Outperformhold
Jun 02, 2022JMP SecuritiesMarket OutperformMarket Outperformhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$3.28$4.69$5.57$5.82$5.66--
Avg Forecast$3.40$4.65$5.31$5.75$5.50$4.83$5.05
High Forecast$3.47$4.74$5.80$6.52$5.51$5.15$5.60
Low Forecast$3.35$4.57$4.94$5.19$5.50$4.51$4.50
Surprise %-3.53%0.86%4.90%1.22%2.91%--

Revenue Forecast

$100M $150M $200M $250M $300M $350M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$116.90M$204.55M$276.36M$309.51M$308.52M--
Avg Forecast$116.38M$202.27M$273.43M$306.43M$306.49M$292.44M$306.37M
High Forecast$118.07M$205.21M$292.69M$306.83M$307.29M$322.96M$308.92M
Low Forecast$114.90M$199.71M$258.83M$306.03M$305.00M$272.80M$303.81M
Surprise %0.45%1.13%1.07%1.00%0.66%--

Net Income Forecast

$50M $80M $110M $140M $170M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$65.73M$113.99M$154.39M$165.59M$159.86M--
Avg Forecast$68.05M$110.29M$144.31M$162.75M$155.48M$141.82M$144.02M
High Forecast$81.66M$132.34M$173.18M$195.30M$155.65M$145.45M$158.23M
Low Forecast$54.44M$88.23M$115.45M$130.20M$155.30M$127.36M$127.15M
Surprise %-3.41%3.36%6.98%1.74%2.82%--

IIPR Forecast FAQ

Is Innovative Industrial Properties stock a buy?

Innovative Industrial Properties stock has a consensus rating of Buy, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 4 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Innovative Industrial Properties is a favorable investment for most analysts.

What is Innovative Industrial Properties's price target?

Innovative Industrial Properties's price target, set by 10 Wall Street analysts, averages $52.5 over the next 12 months. The price target range spans from $45 at the low end to $60 at the high end, suggesting a potential 1.72% change from the previous closing price of $51.61.

How does Innovative Industrial Properties stock forecast compare to its benchmarks?

Innovative Industrial Properties's stock forecast shows a 1.72% upside, underperforming the average forecast for the real estate stocks sector (20.09%) and underperforming the industrial reit stocks industry (25.36%), trailing the Cannabis Stocks List (290.27%) investment idea.

What is the breakdown of analyst ratings for Innovative Industrial Properties over the past three months?

  • April 2025: 12.50% Strong Buy, 0% Buy, 62.50% Hold, 12.50% Sell, 12.50% Strong Sell.
  • March 2025: 12.50% Strong Buy, 0% Buy, 75.00% Hold, 0% Sell, 12.50% Strong Sell.
  • February 2025: 12.50% Strong Buy, 0% Buy, 75.00% Hold, 0% Sell, 12.50% Strong Sell.

What is Innovative Industrial Properties’s EPS forecast?

Innovative Industrial Properties's average annual EPS forecast for its fiscal year ending in December 2025 is $4.83, marking a -14.66% decrease from the reported $5.66 in 2024. Estimates for the following years are.

What is Innovative Industrial Properties’s revenue forecast?

Innovative Industrial Properties's average annual revenue forecast for its fiscal year ending in December 2025 is $292.44M, reflecting a -5.21% decrease from the reported $308.52M in 2024. The forecast for.

What is Innovative Industrial Properties’s net income forecast?

Innovative Industrial Properties's net income forecast for the fiscal year ending in December 2025 stands at $141.82M, representing a -11.28% decrease from the reported $159.86M in 2024. Projections indicate .