Innovative Industrial Properties, Inc.
IIPRReal EstateNASDAQREIT - Industrial · Last scanned Oct 23, 2026
Scan Results
Daily timeframeInnovative Industrial Properties, Inc. At a $1.50B market cap, Innovative Industrial Properties, Inc. ranks as a small-cap company within real estate. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry.
Market Cap
$1.50B
Beta
1.42
P/E (TTM)
12.34
P/E (Fwd)
12.43
EPS (TTM)
$4.42
EPS (Fwd)
$4.39
ROE
7.4%
ROA
3.3%
Cash
$204.7M
Total Debt
$609.0M
Free CF
$99.9M
52W Change
3.4%
Annual Financials
Cash vs Debt
Where IIPR stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, IIPR finished 4.11% below its 150-day moving average ($53.82) and 0.06% below its 200-day moving average ($51.64). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is IIPR overbought or oversold?
At the October 20, 2026 close, IIPR's RSI(14) was 44.3, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Innovative Industrial Properties, Inc. carries $609.0M in total debt against $204.7M in cash reserves — debt is roughly 3.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $99.9M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 7.4%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.3% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $276.4M (2022) to $266.0M (2025).
Investors considering Innovative Industrial Properties, Inc. should weigh the typical risks associated with IIPR's sector, size, and financial profile against their own risk tolerance and investment objectives. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Innovative Industrial Properties, Inc.'s trajectory.