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Innovative Industrial Properties (IIPR) Competitors

Innovative Industrial Properties logo
$55.04 -0.76 (-1.35%)
Closing price 08/18/2026 03:59 PM Eastern
Extended Trading
$54.94 -0.11 (-0.20%)
As of 04:06 AM Eastern
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IIPR vs. COLD, LXP, GOOD, ILPT, and OLP

Should you buy Innovative Industrial Properties stock or one of its competitors? Innovative Industrial Properties's main competitors and comparable companies include Americold Realty Trust (COLD), LXP Industrial Trust (LXP), Gladstone Commercial (GOOD), Industrial Logistics Properties Trust (ILPT), and One Liberty Properties (OLP). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "industrial reits" industry.

How does Innovative Industrial Properties compare to Americold Realty Trust?

Innovative Industrial Properties (NYSE:IIPR) and Americold Realty Trust (NYSE:COLD) are both real estate companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, media sentiment, dividends and earnings.

70.6% of Innovative Industrial Properties shares are owned by institutional investors. Comparatively, 98.1% of Americold Realty Trust shares are owned by institutional investors. 2.3% of Innovative Industrial Properties shares are owned by insiders. Comparatively, 0.4% of Americold Realty Trust shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

In the previous week, Americold Realty Trust had 15 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 17 mentions for Americold Realty Trust and 2 mentions for Innovative Industrial Properties. Americold Realty Trust's average media sentiment score of 1.16 beat Innovative Industrial Properties' score of 0.68 indicating that Americold Realty Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Innovative Industrial Properties
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Americold Realty Trust
11 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Innovative Industrial Properties has a net margin of 52.27% compared to Americold Realty Trust's net margin of -17.44%. Innovative Industrial Properties' return on equity of 7.73% beat Americold Realty Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties52.27% 7.73% 5.69%
Americold Realty Trust -17.44%-16.14%-5.68%

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.8%. Americold Realty Trust pays an annual dividend of $0.92 per share and has a dividend yield of 6.2%. Innovative Industrial Properties pays out 172.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Americold Realty Trust pays out -57.9% of its earnings in the form of a dividend. Innovative Industrial Properties has increased its dividend for 4 consecutive years and Americold Realty Trust has increased its dividend for 1 consecutive years. Innovative Industrial Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Innovative Industrial Properties currently has a consensus target price of $48.00, suggesting a potential downside of 12.80%. Americold Realty Trust has a consensus target price of $15.63, suggesting a potential upside of 4.87%. Given Americold Realty Trust's stronger consensus rating and higher possible upside, analysts plainly believe Americold Realty Trust is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75
Americold Realty Trust
3 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.06

Innovative Industrial Properties has a beta of 1.38, meaning that its stock price is 38% more volatile than the broader market. Comparatively, Americold Realty Trust has a beta of 0.97, meaning that its stock price is 3% less volatile than the broader market.

Innovative Industrial Properties has higher earnings, but lower revenue than Americold Realty Trust. Americold Realty Trust is trading at a lower price-to-earnings ratio than Innovative Industrial Properties, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Innovative Industrial Properties$265.95M5.71$118.25M$4.4112.48
Americold Realty Trust$2.60B1.64-$114.55M-$1.59N/A

Summary

Innovative Industrial Properties beats Americold Realty Trust on 11 of the 19 factors compared between the two stocks.

How does Innovative Industrial Properties compare to LXP Industrial Trust?

LXP Industrial Trust (NYSE:LXP) and Innovative Industrial Properties (NYSE:IIPR) are both real estate companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, analyst recommendations, profitability, earnings, risk, institutional ownership, dividends and valuation.

LXP Industrial Trust has a beta of 1.02, indicating that its share price is 2% more volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.38, indicating that its share price is 38% more volatile than the broader market.

93.5% of LXP Industrial Trust shares are held by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are held by institutional investors. 2.8% of LXP Industrial Trust shares are held by insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

LXP Industrial Trust pays an annual dividend of $2.80 per share and has a dividend yield of 4.6%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.8%. LXP Industrial Trust pays out 280.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Innovative Industrial Properties pays out 172.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. LXP Industrial Trust has increased its dividend for 3 consecutive years and Innovative Industrial Properties has increased its dividend for 4 consecutive years. Innovative Industrial Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, LXP Industrial Trust had 1 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 3 mentions for LXP Industrial Trust and 2 mentions for Innovative Industrial Properties. LXP Industrial Trust's average media sentiment score of 1.88 beat Innovative Industrial Properties' score of 0.68 indicating that LXP Industrial Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
LXP Industrial Trust
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Innovative Industrial Properties
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

LXP Industrial Trust currently has a consensus price target of $56.17, indicating a potential downside of 7.30%. Innovative Industrial Properties has a consensus price target of $48.00, indicating a potential downside of 12.80%. Given LXP Industrial Trust's stronger consensus rating and higher possible upside, research analysts clearly believe LXP Industrial Trust is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LXP Industrial Trust
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

Innovative Industrial Properties has a net margin of 52.27% compared to LXP Industrial Trust's net margin of 18.66%. Innovative Industrial Properties' return on equity of 7.73% beat LXP Industrial Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
LXP Industrial Trust18.66% 3.37% 1.83%
Innovative Industrial Properties 52.27%7.73%5.69%

Innovative Industrial Properties has lower revenue, but higher earnings than LXP Industrial Trust. Innovative Industrial Properties is trading at a lower price-to-earnings ratio than LXP Industrial Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
LXP Industrial Trust$347.70M10.27$113.16M$1.0060.59
Innovative Industrial Properties$265.95M5.71$118.25M$4.4112.48

Summary

LXP Industrial Trust beats Innovative Industrial Properties on 10 of the 19 factors compared between the two stocks.

How does Innovative Industrial Properties compare to Gladstone Commercial?

Innovative Industrial Properties (NYSE:IIPR) and Gladstone Commercial (NASDAQ:GOOD) are both small-cap real estate companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability, institutional ownership and media sentiment.

Innovative Industrial Properties has higher revenue and earnings than Gladstone Commercial. Innovative Industrial Properties is trading at a lower price-to-earnings ratio than Gladstone Commercial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Innovative Industrial Properties$265.95M5.71$118.25M$4.4112.48
Gladstone Commercial$161.34M3.85$19.29M$0.2649.38

70.6% of Innovative Industrial Properties shares are held by institutional investors. Comparatively, 45.5% of Gladstone Commercial shares are held by institutional investors. 2.3% of Innovative Industrial Properties shares are held by company insiders. Comparatively, 1.3% of Gladstone Commercial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.8%. Gladstone Commercial pays an annual dividend of $1.20 per share and has a dividend yield of 9.3%. Innovative Industrial Properties pays out 172.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Gladstone Commercial pays out 461.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Innovative Industrial Properties has increased its dividend for 4 consecutive years. Innovative Industrial Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Innovative Industrial Properties and Innovative Industrial Properties both had 2 articles in the media. Innovative Industrial Properties' average media sentiment score of 0.68 beat Gladstone Commercial's score of 0.62 indicating that Innovative Industrial Properties is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Innovative Industrial Properties
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Gladstone Commercial
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Innovative Industrial Properties presently has a consensus price target of $48.00, indicating a potential downside of 12.80%. Gladstone Commercial has a consensus price target of $12.83, indicating a potential downside of 0.05%. Given Gladstone Commercial's stronger consensus rating and higher probable upside, analysts plainly believe Gladstone Commercial is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75
Gladstone Commercial
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Innovative Industrial Properties has a beta of 1.38, meaning that its share price is 38% more volatile than the broader market. Comparatively, Gladstone Commercial has a beta of 1.06, meaning that its share price is 6% more volatile than the broader market.

Innovative Industrial Properties has a net margin of 52.27% compared to Gladstone Commercial's net margin of 14.55%. Gladstone Commercial's return on equity of 14.61% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties52.27% 7.73% 5.69%
Gladstone Commercial 14.55%14.61%1.99%

Summary

Innovative Industrial Properties beats Gladstone Commercial on 13 of the 17 factors compared between the two stocks.

How does Innovative Industrial Properties compare to Industrial Logistics Properties Trust?

Innovative Industrial Properties (NYSE:IIPR) and Industrial Logistics Properties Trust (NASDAQ:ILPT) are both small-cap real estate companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, dividends and risk.

Innovative Industrial Properties has higher earnings, but lower revenue than Industrial Logistics Properties Trust. Industrial Logistics Properties Trust is trading at a lower price-to-earnings ratio than Innovative Industrial Properties, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Innovative Industrial Properties$265.95M5.71$118.25M$4.4112.48
Industrial Logistics Properties Trust$448.85M1.25-$66.19M-$0.72N/A

In the previous week, Innovative Industrial Properties had 2 more articles in the media than Industrial Logistics Properties Trust. MarketBeat recorded 2 mentions for Innovative Industrial Properties and 0 mentions for Industrial Logistics Properties Trust. Industrial Logistics Properties Trust's average media sentiment score of 1.33 beat Innovative Industrial Properties' score of 0.68 indicating that Industrial Logistics Properties Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Innovative Industrial Properties Positive
Industrial Logistics Properties Trust Positive

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.8%. Industrial Logistics Properties Trust pays an annual dividend of $0.40 per share and has a dividend yield of 4.7%. Innovative Industrial Properties pays out 172.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Industrial Logistics Properties Trust pays out -55.6% of its earnings in the form of a dividend. Innovative Industrial Properties has increased its dividend for 4 consecutive years. Innovative Industrial Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Innovative Industrial Properties has a net margin of 52.27% compared to Industrial Logistics Properties Trust's net margin of -10.37%. Innovative Industrial Properties' return on equity of 7.73% beat Industrial Logistics Properties Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties52.27% 7.73% 5.69%
Industrial Logistics Properties Trust -10.37%-5.34%-0.91%

70.6% of Innovative Industrial Properties shares are held by institutional investors. Comparatively, 49.1% of Industrial Logistics Properties Trust shares are held by institutional investors. 2.3% of Innovative Industrial Properties shares are held by company insiders. Comparatively, 2.3% of Industrial Logistics Properties Trust shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Innovative Industrial Properties has a beta of 1.38, meaning that its stock price is 38% more volatile than the broader market. Comparatively, Industrial Logistics Properties Trust has a beta of 2.49, meaning that its stock price is 149% more volatile than the broader market.

Innovative Industrial Properties currently has a consensus target price of $48.00, suggesting a potential downside of 12.80%. Industrial Logistics Properties Trust has a consensus target price of $11.50, suggesting a potential upside of 36.42%. Given Industrial Logistics Properties Trust's stronger consensus rating and higher probable upside, analysts plainly believe Industrial Logistics Properties Trust is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75
Industrial Logistics Properties Trust
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Innovative Industrial Properties beats Industrial Logistics Properties Trust on 11 of the 18 factors compared between the two stocks.

How does Innovative Industrial Properties compare to One Liberty Properties?

One Liberty Properties (NYSE:OLP) and Innovative Industrial Properties (NYSE:IIPR) are both small-cap real estate companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, media sentiment, earnings and analyst recommendations.

In the previous week, One Liberty Properties and One Liberty Properties both had 2 articles in the media. One Liberty Properties' average media sentiment score of 1.45 beat Innovative Industrial Properties' score of 0.68 indicating that One Liberty Properties is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
One Liberty Properties
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Innovative Industrial Properties
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

One Liberty Properties has a beta of 0.87, indicating that its share price is 13% less volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.38, indicating that its share price is 38% more volatile than the broader market.

Innovative Industrial Properties has a net margin of 52.27% compared to One Liberty Properties' net margin of 33.51%. One Liberty Properties' return on equity of 11.52% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
One Liberty Properties33.51% 11.52% 4.06%
Innovative Industrial Properties 52.27%7.73%5.69%

One Liberty Properties pays an annual dividend of $1.80 per share and has a dividend yield of 7.5%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.8%. One Liberty Properties pays out 113.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Innovative Industrial Properties pays out 172.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Innovative Industrial Properties has increased its dividend for 4 consecutive years. Innovative Industrial Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

One Liberty Properties presently has a consensus target price of $28.50, indicating a potential upside of 18.30%. Innovative Industrial Properties has a consensus target price of $48.00, indicating a potential downside of 12.80%. Given One Liberty Properties' stronger consensus rating and higher probable upside, equities analysts clearly believe One Liberty Properties is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
One Liberty Properties
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.67
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

36.2% of One Liberty Properties shares are owned by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are owned by institutional investors. 26.2% of One Liberty Properties shares are owned by insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Innovative Industrial Properties has higher revenue and earnings than One Liberty Properties. Innovative Industrial Properties is trading at a lower price-to-earnings ratio than One Liberty Properties, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
One Liberty Properties$103.80M5.07$25.47M$1.5915.15
Innovative Industrial Properties$265.95M5.71$118.25M$4.4112.48

Summary

Innovative Industrial Properties beats One Liberty Properties on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IIPR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IIPR vs. The Competition

MetricInnovative Industrial PropertiesIndustrial REITs IndustryReal Estate SectorNYSE Exchange
Market Cap$1.54B$10.00B$5.65B$24.37B
Dividend Yield13.57%5.73%6.18%3.69%
P/E Ratio12.4847.8528.8029.83
Price / Sales5.71260.18127.7917.24
Price / Cash8.0734.6134.3620.16
Price / Book0.861.391.904.89
Net Income$118.25M$298.42M-$63.99M$1.07B
7 Day Performance-4.57%-0.65%-0.41%-0.75%
1 Month Performance-14.90%-2.89%-2.04%1.82%
1 Year Performance4.67%9.80%12.81%17.62%

Innovative Industrial Properties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIPR
Innovative Industrial Properties
2.0972 of 5 stars
$55.05
-1.4%
$48.00
-12.8%
+5.9%$1.54B$265.95M12.4820
COLD
Americold Realty Trust
2.8858 of 5 stars
$14.44
+2.9%
$15.25
+5.6%
+4.3%$4.00B$2.60BN/A12,690
LXP
LXP Industrial Trust
2.9882 of 5 stars
$60.56
-0.1%
$56.17
-7.2%
+49.0%$3.58B$347.70M60.5670
GOOD
Gladstone Commercial
0.9213 of 5 stars
$12.91
+5.5%
$12.83
-0.6%
-1.8%$592.50M$161.34M49.6670
ILPT
Industrial Logistics Properties Trust
4.3699 of 5 stars
$8.61
-1.6%
$11.50
+33.6%
+45.3%$584.03M$448.85MN/A600

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This page (NYSE:IIPR) was last updated on 8/19/2026 by MarketBeat.com Staff.
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