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NYSE: IIPR
Innovative Industrial Properties Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for IIPR

Based on 4 analysts offering 12 month price targets for Innovative Industrial Properties Inc.
Min Forecast
$117.00+33.85%
Avg Forecast
$155.25+77.61%
Max Forecast
$179.00+104.78%

Should I buy or sell IIPR stock?

Based on 6 analysts offering ratings for Innovative Industrial Properties Inc.
Strong Buy
Strong Buy
3 analysts 50%
Buy
2 analysts 33.33%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their IIPR stock forecasts and price targets.

IIPR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
BTIG
Top 25%
76
Strong BuyMaintains$179.00+104.78%2023-01-24
Piper Sandler
Top 24%
77
Strong BuyMaintains$117.00+33.85%2022-10-07
Compass Point
Bottom 19%
19
Strong BuyUpgrades$175.00+100.21%2022-09-19
JMP Securities
Top 24%
77
BuyMaintains$150.00+71.61%2022-07-19
Wolfe Research
Bottom 7%
7
HoldDowngradesN/AN/A2022-07-19
Craig-Hallum
Bottom 14%
14
BuyUpgradesN/AN/A2022-05-09

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Forecast return on equity

Is IIPR forecast to generate an efficient return?
Company
N/A
Industry
19.69%
Market
49.29%

Forecast return on assets

Is IIPR forecast to generate an efficient return on assets?
Company
N/A
Industry
10.16%

IIPR earnings per share forecast

What is IIPR's earnings per share in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$8.77+66.1%
IIPR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

IIPR revenue forecast

What is IIPR's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$304.9M+15.13%
Avg 2 year Forecast
$326.5M+23.28%
IIPR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IIPR earnings growth forecast

How is IIPR forecast to perform vs REIT - Industrial companies and vs the US market?
Company
66.1%
Industry
18.06%
Market
85.4%
IIPR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
IIPR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
IIPR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

IIPR revenue growth forecast

How is IIPR forecast to perform vs REIT - Industrial companies and vs the US market?
Company
15.13%
Industry
4.37%
Market
71.5%
IIPR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IIPR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IIPR vs Industrial REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
IIPR$87.41$155.25+77.61%Strong Buy
NSA$40.43$50.38+24.60%Buy
PLYM$21.55$27.50+27.61%Buy
GRP.U$61.27$81.39+32.84%Strong Buy
LAND$19.42$28.50+46.76%Strong Buy
View Top Industrial REIT Stocks

Innovative Industrial Properties Stock Forecast FAQ

Is Innovative Industrial Properties Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: IIPR) stock is to Strong Buy IIPR stock.

Out of 6 analysts, 3 (50%) are recommending IIPR as a Strong Buy, 2 (33.33%) are recommending IIPR as a Buy, 1 (16.67%) are recommending IIPR as a Hold, 0 (0%) are recommending IIPR as a Sell, and 0 (0%) are recommending IIPR as a Strong Sell.

If you're new to stock investing, here's how to buy Innovative Industrial Properties stock.

What is IIPR's earnings growth forecast for 2023-2023?

(NYSE: IIPR) Innovative Industrial Properties's forecast annual earnings growth rate of 66.1% is forecast to beat the US REIT - Industrial industry's average forecast earnings growth rate of 18.06%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Innovative Industrial Properties's earnings in 2023 is $140,158,000.

In 2023, IIPR is forecast to generate $245,322,745 in earnings, with the lowest earnings forecast at $245,322,745 and the highest earnings forecast at $245,322,745.

What is IIPR's revenue growth forecast for 2023-2024?

(NYSE: IIPR) Innovative Industrial Properties's forecast annual revenue growth rate of 15.13% is forecast to beat the US REIT - Industrial industry's average forecast revenue growth rate of 4.37%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Innovative Industrial Properties's revenue in 2023 is $264,841,000.On average, 2 Wall Street analysts forecast IIPR's revenue for 2023 to be $8,528,951,540, with the lowest IIPR revenue forecast at $8,072,992,504, and the highest IIPR revenue forecast at $8,984,910,576.

In 2024, IIPR is forecast to generate $9,133,167,196 in revenue, with the lowest revenue forecast at $9,133,167,196 and the highest revenue forecast at $9,133,167,196.

What is IIPR's forecast return on assets (ROA) for 2023-2024?

(NYSE: IIPR) forecast ROA is N/A, which is lower than the forecast US REIT - Industrial industry average of 10.16%.

What is IIPR's Price Target?

According to 4 Wall Street analysts that have issued a 1 year IIPR price target, the average IIPR price target is $155.25, with the highest IIPR stock price forecast at $179.00 and the lowest IIPR stock price forecast at $117.00.

On average, Wall Street analysts predict that Innovative Industrial Properties's share price could reach $155.25 by Jan 24, 2024. The average Innovative Industrial Properties stock price prediction forecasts a potential upside of 77.61% from the current IIPR share price of $87.41.

What is IIPR's Earnings Per Share (EPS) forecast for 2023-2023?

(NYSE: IIPR) Innovative Industrial Properties's current Earnings Per Share (EPS) is $5.28. In 2023, IIPR's EPS is forecast to hit $8.77 (min: $8.77, max: $8.77).

What is IIPR's forecast return on equity (ROE) for 2023-2024?

(NYSE: IIPR) forecast ROE is N/A, which is considered weak.
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