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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for IIPR

Based on 3 analysts offering 12 month price targets for Innovative Industrial Properties Inc

Min Forecast
$118.00+9.82%
Avg Forecast
$127.67+18.82%
Max Forecast
$140.00+30.29%

Should I buy or sell IIPR stock?

Based on 3 analysts offering ratings for Innovative Industrial Properties Inc.

Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although IIPR's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates IIPR as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

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
lockedlocked$00.00+00.00%2024-11-08
lockedlocked$00.00+00.00%2024-11-08
lockedlocked$00.00+00.00%2024-07-22

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Forecast return on equity

Is IIPR forecast to generate an efficient return?

Company
13.17%
Industry
17.05%
Market
301.04%
IIPR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is IIPR forecast to generate an efficient return on assets?

Company
10.7%
Industry
8.69%
IIPR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

IIPR earnings per share forecast

What is IIPR's earnings per share in the next 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
$8.36+47.7%
Avg 2 year Forecast
$8.57+51.41%
Avg 3 year Forecast
$9.05+59.89%
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 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
$308.6M-0.77%
Avg 2 year Forecast
$315.0M+1.29%
Avg 3 year Forecast
$320.9M+3.21%
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
23.6%
Industry
38.04%
Market
20.11%
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
0.62%
Industry
2.54%
Market
7.5%
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$107.45$127.67+18.82%Strong Buy
NSA$42.95$44.36+3.28%Hold
GRP.U$53.13N/AN/A
LXP$9.22$11.50+24.73%Buy
PLYM$18.65$24.50+31.37%Buy
View Top Industrial REIT Stocks

Innovative Industrial Properties Stock Forecast FAQ

Is Innovative Industrial Properties Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: IIPR) stock is to Strong Buy IIPR stock.

Out of 3 analysts, 2 (66.67%) are recommending IIPR as a Strong Buy, 0 (0%) are recommending IIPR as a Buy, 1 (33.33%) 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 2024-2026?

(NYSE: IIPR) Innovative Industrial Properties's forecast annual earnings growth rate of 23.6% is not forecast to beat the US REIT - Industrial industry's average forecast earnings growth rate of 38.04%, and while it is forecast to beat the US market's average forecast earnings growth rate of 20.11%.

Innovative Industrial Properties's earnings in 2024 is $161,691,000.On average, 2 Wall Street analysts forecast IIPR's earnings for 2024 to be $236,854,124, with the lowest IIPR earnings forecast at $236,854,124, and the highest IIPR earnings forecast at $236,854,124. On average, 2 Wall Street analysts forecast IIPR's earnings for 2025 to be $242,803,809, with the lowest IIPR earnings forecast at $242,803,809, and the highest IIPR earnings forecast at $242,803,809.

In 2026, IIPR is forecast to generate $256,403,089 in earnings, with the lowest earnings forecast at $256,403,089 and the highest earnings forecast at $256,403,089.

What is IIPR's revenue growth forecast for 2024-2026?

(NYSE: IIPR) Innovative Industrial Properties's forecast annual revenue growth rate of 0.62% is not forecast to beat the US REIT - Industrial industry's average forecast revenue growth rate of 2.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.5%.

Innovative Industrial Properties's revenue in 2024 is $310,929,000.On average, 2 Wall Street analysts forecast IIPR's revenue for 2024 to be $8,741,787,072, with the lowest IIPR revenue forecast at $8,740,370,481, and the highest IIPR revenue forecast at $8,743,203,664. On average, 2 Wall Street analysts forecast IIPR's revenue for 2025 to be $8,923,110,803, with the lowest IIPR revenue forecast at $8,802,700,513, and the highest IIPR revenue forecast at $9,043,521,094.

In 2026, IIPR is forecast to generate $9,091,685,210 in revenue, with the lowest revenue forecast at $9,091,685,210 and the highest revenue forecast at $9,091,685,210.

What is IIPR's forecast return on assets (ROA) for 2024-2026?

(NYSE: IIPR) forecast ROA is 10.7%, which is higher than the forecast US REIT - Industrial industry average of 8.69%.

What is IIPR's Price Target?

According to 3 Wall Street analysts that have issued a 1 year IIPR price target, the average IIPR price target is $127.67, with the highest IIPR stock price forecast at $140.00 and the lowest IIPR stock price forecast at $118.00.

On average, Wall Street analysts predict that Innovative Industrial Properties's share price could reach $127.67 by Nov 8, 2025. The average Innovative Industrial Properties stock price prediction forecasts a potential upside of 18.82% from the current IIPR share price of $107.45.

What is IIPR's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: IIPR) Innovative Industrial Properties's current Earnings Per Share (EPS) is $5.66. On average, analysts forecast that IIPR's EPS will be $8.36 for 2024, with the lowest EPS forecast at $8.36, and the highest EPS forecast at $8.36. On average, analysts forecast that IIPR's EPS will be $8.57 for 2025, with the lowest EPS forecast at $8.57, and the highest EPS forecast at $8.57. In 2026, IIPR's EPS is forecast to hit $9.05 (min: $9.05, max: $9.05).

What is IIPR's forecast return on equity (ROE) for 2024-2026?

(NYSE: IIPR) forecast ROE is 13.17%, which is considered weak.
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