IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
$59.19
+1.08%
$1.7B
No data for this timeframe.
Vol
Market Cap$1.7B
Cap SizeSmall Cap
Inst. Holders6 funds
Inst. Value$246.9M
Inst. Activity3 buys / 0 sells
Reddit Sentiment67° Warm
SEC Reports1
Recent Activity
May 6, 2026
short_interest
FTD: IIPR — 9,971 shares ($0.6M) failed to deliver
Settlement: 20260506, Price: $60.32, FTD Value: $601,450.72, INNOVATIVE INDL PPTYS INC COMM
Mar 4, 2026
SEC
Innovative Industrial Properties, Inc. (IIPR) announced a new $100 million share repurchase program for its common stock
8-K — Impact 4/10
Jan 2, 2026
Insider
Shoemaker Scott sold 911 shares
Director @ $0.00 ($0.00)
Jan 2, 2026
Insider
Shoemaker Scott sold 911 shares
Director @ $0.00 ($0.00)
Inst.
NORGES BANK — NEW
94,400 shares ($4.5M)
Inst.
WELLS FARGO & COMPANY/MN — ADD
31,161 shares ($1.5M)
Price Targets
Historical data — last covering-analyst action Mar 2026. No current recommendation available.
$61.75 (Mar 2026)
Current $60.34
Low $45.00
Median $56.00
High $90.00
4 analysts
$45.00
$90.00
Analyst Ratings
0Strong Buy
1Buy
6Hold
2Sell
2Strong Sell
Historical Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Mar 3, 2026 | Compass Point | UPGRADE | Sell → Neutral |
| Feb 25, 2026 | Piper Sandler | MAINTAIN | Underweight → Underweight |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.02 ▼ -3.3% | $1.02 — $1.03 | 19% YoY | 2 |
| Next Q | $1.09 ▲ +1.7% | $1.08 — $1.11 | 13% YoY | 2 |
| Current FY | $4.28 | $4.27 — $4.29 | 9% YoY | 2 |
| Next FY | $4.79 | $4.79 — $4.79 | 12% YoY | 1 |
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| VANGUARD GROUP INC | $202.2M | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $25.6M | NEW |
| MORGAN STANLEY | $12.3M | TRIM |
| NORGES BANK | $4.5M | NEW |
| WELLS FARGO & COMPANY/MN | $1.5M | ADD |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| Jan 2, 2026 | Shoemaker Scott | M | $0.00 |
| Jan 2, 2026 | Shoemaker Scott | M | $0.00 |
Reddit Sentiment
67°
Warm
Bearish
Neutral
Bullish
6 institutional holders with $246.9M total value (5,212,477 shares) as of 2025-Q4. Top holders: VANGUARD, CHARLES, MORGAN. Net buying activity: 3 institutions added/increased vs 0 reduced.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 4,269,947 | $202.2M | 81.9% | — |
| 2 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 540,742 | $25.6M | 10.4% | NEW |
| 3 | MORGAN STANLEY | 259,534 | $12.3M | 5.0% | TRIM -33.4% |
| 4 | NORGES BANK | 94,400 | $4.5M | 1.8% | NEW |
| 5 | WELLS FARGO & COMPANY/MN | 31,161 | $1.5M | 0.6% | ADD +46.2% |
| 6 | BANK OF AMERICA CORP /DE/ | 16,693 | $790.6K | 0.3% | ADD +26.5% |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 94,400 | — | $4.5M | 2025-Q4 |
| WELLS FARGO & COMPANY/MN | ADD | 21,310 | 31,161 | +46.2% | $1.5M | 2025-Q4 |
| BANK OF AMERICA CORP /DE/ | ADD | 13,192 | 16,693 | +26.5% | $790.6K | 2025-Q4 |
| RENAISSANCE TECHNOLOGIES LLC | EXIT | 4,400 | 0 | -100.0% | $0.00 | 2025-Q3 |
| MORGAN STANLEY | TRIM | 509,294 | 338,987 | -33.4% | $18.7M | 2025-Q2 |
| WELLS FARGO & COMPANY/MN | ADD | 17,060 | 22,866 | +34.0% | $1.3M | 2025-Q2 |
| BANK OF AMERICA CORP /DE/ | ADD | 9,347 | 13,194 | +41.2% | $728.6K | 2025-Q2 |
| RENAISSANCE TECHNOLOGIES LLC | NEW | — | 4,400 | — | $243.0K | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | EXIT | 7,744 | 0 | -100.0% | $0.00 | 2025-Q2 |
| UBS Group AG | DOUBLED | 14,125 | 33,222 | +135.2% | $1.8M | 2025-Q1 |
| TWO SIGMA INVESTMENTS, LP | NEW | — | 7,744 | — | $418.9K | 2025-Q1 |
| NORGES BANK | EXIT | 339,661 | 0 | -100.0% | $0.00 | 2025-Q1 |
| WELLS FARGO & COMPANY/MN | ADD | 12,940 | 16,543 | +27.8% | $1.1M | 2024-Q4 |
| UBS Group AG | TRIM | 21,999 | 14,125 | -35.8% | $941.3K | 2024-Q4 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 457,374 | — | $61.6M | 2024-Q3 |
1 unique insiders with 0 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jan 2, 2026 | Shoemaker Scott | Director | M | 911 | $0.00 | $0.00 |
| Jan 2, 2026 | Shoemaker Scott | Director | M | 911 | $0.00 | $0.00 |
1 SEC filing reports analyzed. Sentiment: 0 bullish, 0 bearish, 0 mixed, 1 neutral. Avg impact: 4.0/10.
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Historical analyst distribution (last covering-analyst action Mar 2026): 9% buy across 11 analysts — 0 strong buy, 1 buy, 6 hold, 2 sell, 2 strong sell. No current recommendation available.
Analyst Price Targets
Historical data — last covering-analyst action Mar 2026. No current recommendation available.
$61.75 mean target (Mar 2026)
$45.00 Low
$90.00 High
| Metric | Value |
|---|---|
| Current Price | $60.34 |
| Target Low | $45.00 |
| Target Mean | $61.75 |
| Target Median | $56.00 |
| Target High | $90.00 |
| # Analysts | 4 |
| Recommendation | — (no recent coverage) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$1.02 | $1.02 | $1.03 | 19.2% | -3.3% | 0↑ 1↓ | $0.1B | 7.1% | 2 |
| Next Q 2026-09-30 |
$1.09 | $1.08 | $1.11 | 12.9% | +1.7% | — | $0.1B | 5.9% | 2 |
| Current FY 2026-12-31 |
$4.28 | $4.27 | $4.29 | 8.9% | -0.5% | 0↑ 1↓ | $0.3B | 3.2% | 2 |
| Next FY 2027-12-31 |
$4.79 | $4.79 | $4.79 | 11.9% | — | — | $0.3B | 0.6% | 1 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.025 | |
| 7d ago | $1.060 | -0.035 |
| 30d ago | $1.060 | -0.035 |
| 60d ago | $1.060 | -0.035 |
| 90d ago | $1.015 | +0.010 |
2 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.
Historical Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Mar 3, 2026 | Compass Point | UPGRADE | Sell | Neutral |
| Feb 25, 2026 | Piper Sandler | MAINTAIN | Underweight | Underweight |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 0 | 1 | 6 | 2 | 2 | 9% | |
| May 1, 2026 | 0 | 1 | 6 | 2 | 2 | 9% | |
| Apr 1, 2026 | 0 | 1 | 6 | 2 | 2 | 9% | |
| Mar 1, 2026 | 0 | 1 | 5 | 2 | 3 | 9% | |
| Feb 1, 2026 | 0 | 1 | 5 | 2 | 3 | 9% | |
| Jan 1, 2026 | 0 | 1 | 5 | 2 | 3 | 9% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
67°
Warm
Bearish
Neutral
Bullish
2 mentions
2 bullish
0 bearish
2 time periods
Reddit Sentiment History
| Date | Mentions | Sentiment | Bullish | Bearish | Threads |
|---|---|---|---|---|---|
| Apr 24, 2026 | 1 | 60° Warm | 1 | 0 | 1 |
| Apr 24, 2026 | 1 | 60° Warm | 1 | 0 | 1 |
Recent Reddit Threads
$14,811 in premiums collected yesterday.
▲ 1
💬 0
⚡ 0.5
May 6, 2026
short_interest
FTD: IIPR — 9,971 shares ($0.6M) failed to deliver
Settlement: 20260506, Price: $60.32, FTD Value: $601,450.72, INNOVATIVE INDL PPTYS INC COMM
May 4, 2026
earnings_calendar
IIPR Q1 2026 Earnings Scheduled — 2026-05-04
Apr 20, 2026
short_interest
FTD: IIPR — 14,500 shares ($0.8M) failed to deliver
Settlement: 20260420, Price: $52.94, FTD Value: $767,630, INNOVATIVE INDL PPTYS INC COMM
Apr 15, 2026
short_interest
FTD: IIPR — 17,500 shares ($0.9M) failed to deliver
Settlement: 20260415, Price: $51.18, FTD Value: $895,650, INNOVATIVE INDL PPTYS INC COMM
Mar 31, 2026
short_interest
FTD: IIPR — 24,174 shares ($1.2M) failed to deliver
Settlement: 20260331, Price: $50.76, FTD Value: $1,227,072.24, INNOVATIVE INDL PPTYS INC COMM
Feb 23, 2026
earnings_calendar
IIPR Q4 2025 Earnings After Market Close — 2026-02-23