Go Pro

Innovative Industrial Properties (IIPR) Competitors

Innovative Industrial Properties logo
$61.11 +0.54 (+0.89%)
Closing price 03:59 PM Eastern
Extended Trading
$60.97 -0.14 (-0.22%)
As of 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

IIPR vs. GRWG, XXII, OUT, SBRA, and CUZ

Should you buy Innovative Industrial Properties stock or one of its competitors? MarketBeat compares Innovative Industrial Properties with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Innovative Industrial Properties include GrowGeneration (GRWG), 22nd Century Group (XXII), OUTFRONT Media (OUT), Sabra Healthcare REIT (SBRA), and Cousins Properties (CUZ).

How does Innovative Industrial Properties compare to GrowGeneration?

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

Innovative Industrial Properties has a net margin of 45.58% compared to GrowGeneration's net margin of -11.91%. Innovative Industrial Properties' return on equity of 6.62% beat GrowGeneration's return on equity.

Company Net Margins Return on Equity Return on Assets
GrowGeneration-11.91% -19.50% -12.91%
Innovative Industrial Properties 45.58%6.62%5.10%

Innovative Industrial Properties has a consensus target price of $48.00, indicating a potential downside of 21.45%. Given Innovative Industrial Properties' stronger consensus rating and higher possible upside, analysts clearly believe Innovative Industrial Properties is more favorable than GrowGeneration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GrowGeneration
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67
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 higher revenue and earnings than GrowGeneration. GrowGeneration 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
GrowGeneration$161.74M0.52-$24.05M-$0.32N/A
Innovative Industrial Properties$265.95M6.61$118.25M$3.9115.63

36.0% of GrowGeneration shares are held by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are held by institutional investors. 8.1% of GrowGeneration shares are held by company insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

GrowGeneration has a beta of 2.5, meaning that its stock price is 150% more volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.39, meaning that its stock price is 39% more volatile than the broader market.

In the previous week, Innovative Industrial Properties had 1 more articles in the media than GrowGeneration. MarketBeat recorded 4 mentions for Innovative Industrial Properties and 3 mentions for GrowGeneration. Innovative Industrial Properties' average media sentiment score of 0.98 beat GrowGeneration's score of 0.88 indicating that Innovative Industrial Properties is being referred to more favorably in the news media.

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

Summary

Innovative Industrial Properties beats GrowGeneration on 13 of the 15 factors compared between the two stocks.

How does Innovative Industrial Properties compare to 22nd Century Group?

22nd Century Group (NASDAQ:XXII) and Innovative Industrial Properties (NYSE:IIPR) are both small-cap cannabis companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, media sentiment, earnings and dividends.

Innovative Industrial Properties has higher revenue and earnings than 22nd Century Group. 22nd Century Group 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
22nd Century Group$17.59M0.11-$5.05M-$4.37 thousandN/A
Innovative Industrial Properties$265.95M6.61$118.25M$3.9115.63

Innovative Industrial Properties has a consensus target price of $48.00, indicating a potential downside of 21.45%. Given Innovative Industrial Properties' stronger consensus rating and higher probable upside, analysts plainly believe Innovative Industrial Properties is more favorable than 22nd Century Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
22nd Century Group
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

In the previous week, Innovative Industrial Properties had 3 more articles in the media than 22nd Century Group. MarketBeat recorded 4 mentions for Innovative Industrial Properties and 1 mentions for 22nd Century Group. 22nd Century Group's average media sentiment score of 1.87 beat Innovative Industrial Properties' score of 0.98 indicating that 22nd Century Group is being referred to more favorably in the media.

Company Overall Sentiment
22nd Century Group Very Positive
Innovative Industrial Properties Positive

22nd Century Group has a beta of 0.67, indicating that its stock price is 33% less volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.39, indicating that its stock price is 39% more volatile than the broader market.

18.1% of 22nd Century Group shares are held by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are held by institutional investors. 0.0% of 22nd Century Group shares are held by company insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Innovative Industrial Properties has a net margin of 45.58% compared to 22nd Century Group's net margin of -25.34%. Innovative Industrial Properties' return on equity of 6.62% beat 22nd Century Group's return on equity.

Company Net Margins Return on Equity Return on Assets
22nd Century Group-25.34% -84.37% -45.90%
Innovative Industrial Properties 45.58%6.62%5.10%

Summary

Innovative Industrial Properties beats 22nd Century Group on 14 of the 15 factors compared between the two stocks.

How does Innovative Industrial Properties compare to OUTFRONT Media?

OUTFRONT Media (NYSE:OUT) and Innovative Industrial Properties (NYSE:IIPR) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, institutional ownership, media sentiment, dividends, risk, analyst recommendations, earnings and valuation.

OUTFRONT Media currently has a consensus price target of $32.57, indicating a potential downside of 0.43%. Innovative Industrial Properties has a consensus price target of $48.00, indicating a potential downside of 21.45%. Given OUTFRONT Media's stronger consensus rating and higher possible upside, analysts clearly believe OUTFRONT Media is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OUTFRONT Media
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

In the previous week, OUTFRONT Media had 5 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 9 mentions for OUTFRONT Media and 4 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 0.98 beat OUTFRONT Media's score of 0.73 indicating that Innovative Industrial Properties is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
OUTFRONT Media
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Innovative Industrial Properties
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

OUTFRONT Media pays an annual dividend of $1.20 per share and has a dividend yield of 3.7%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 12.4%. OUTFRONT Media pays out 114.3% 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 pays out 194.4% 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 raised 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.

70.6% of Innovative Industrial Properties shares are owned by institutional investors. 0.5% of OUTFRONT Media shares are owned by company insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

OUTFRONT Media has a beta of 1.48, suggesting that its stock price is 48% more volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.39, suggesting that its stock price is 39% more volatile than the broader market.

Innovative Industrial Properties has a net margin of 45.58% compared to OUTFRONT Media's net margin of 9.98%. OUTFRONT Media's return on equity of 30.36% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
OUTFRONT Media9.98% 30.36% 3.57%
Innovative Industrial Properties 45.58%6.62%5.10%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OUTFRONT Media$1.83B3.14$147M$1.0531.16
Innovative Industrial Properties$265.95M6.61$118.25M$3.9115.63

Summary

OUTFRONT Media beats Innovative Industrial Properties on 10 of the 19 factors compared between the two stocks.

How does Innovative Industrial Properties compare to Sabra Healthcare REIT?

Innovative Industrial Properties (NYSE:IIPR) and Sabra Healthcare REIT (NASDAQ:SBRA) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, media sentiment, earnings, profitability, valuation, dividends and risk.

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 12.4%. Sabra Healthcare REIT pays an annual dividend of $1.20 per share and has a dividend yield of 5.4%. Innovative Industrial Properties pays out 194.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Sabra Healthcare REIT pays out 190.5% 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 raised 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, Sabra Healthcare REIT had 11 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 15 mentions for Sabra Healthcare REIT and 4 mentions for Innovative Industrial Properties. Sabra Healthcare REIT's average media sentiment score of 1.20 beat Innovative Industrial Properties' score of 0.98 indicating that Sabra Healthcare REIT is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Innovative Industrial Properties
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sabra Healthcare REIT
9 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Innovative Industrial Properties has a net margin of 45.58% compared to Sabra Healthcare REIT's net margin of 19.22%. Innovative Industrial Properties' return on equity of 6.62% beat Sabra Healthcare REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties45.58% 6.62% 5.10%
Sabra Healthcare REIT 19.22%5.60%2.84%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Innovative Industrial Properties$265.95M6.61$118.25M$3.9115.63
Sabra Healthcare REIT$774.63M7.18$155.61M$0.6335.00

70.6% of Innovative Industrial Properties shares are held by institutional investors. Comparatively, 99.4% of Sabra Healthcare REIT shares are held by institutional investors. 2.3% of Innovative Industrial Properties shares are held by company insiders. Comparatively, 1.1% of Sabra Healthcare REIT shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Innovative Industrial Properties presently has a consensus target price of $48.00, indicating a potential downside of 21.45%. Sabra Healthcare REIT has a consensus target price of $22.25, indicating a potential upside of 0.91%. Given Sabra Healthcare REIT's stronger consensus rating and higher possible upside, analysts clearly believe Sabra Healthcare REIT 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
Sabra Healthcare REIT
1 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.50

Innovative Industrial Properties has a beta of 1.39, suggesting that its share price is 39% more volatile than the broader market. Comparatively, Sabra Healthcare REIT has a beta of 0.65, suggesting that its share price is 35% less volatile than the broader market.

Summary

Sabra Healthcare REIT beats Innovative Industrial Properties on 11 of the 19 factors compared between the two stocks.

How does Innovative Industrial Properties compare to Cousins Properties?

Innovative Industrial Properties (NYSE:IIPR) and Cousins Properties (NYSE:CUZ) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, risk, analyst recommendations, media sentiment, profitability, valuation and dividends.

Innovative Industrial Properties currently has a consensus target price of $48.00, indicating a potential downside of 21.45%. Cousins Properties has a consensus target price of $30.91, indicating a potential downside of 4.24%. Given Cousins Properties' stronger consensus rating and higher probable upside, analysts plainly believe Cousins Properties 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
Cousins Properties
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

70.6% of Innovative Industrial Properties shares are owned by institutional investors. Comparatively, 94.4% of Cousins Properties shares are owned by institutional investors. 2.3% of Innovative Industrial Properties shares are owned by insiders. Comparatively, 1.8% of Cousins Properties shares are owned by 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 higher earnings, but lower revenue than Cousins Properties. Cousins Properties 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$265.95M6.61$118.25M$3.9115.63
Cousins Properties$993.82M5.34$40.50M-$0.03N/A

Innovative Industrial Properties has a net margin of 45.58% compared to Cousins Properties' net margin of -0.52%. Innovative Industrial Properties' return on equity of 6.62% beat Cousins Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties45.58% 6.62% 5.10%
Cousins Properties -0.52%-0.11%-0.06%

In the previous week, Cousins Properties had 4 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 8 mentions for Cousins Properties and 4 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 0.98 beat Cousins Properties' score of 0.86 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
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cousins Properties
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 12.4%. Cousins Properties pays an annual dividend of $1.28 per share and has a dividend yield of 4.0%. Innovative Industrial Properties pays out 194.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cousins Properties pays out -4,266.7% 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 beta of 1.39, indicating that its stock price is 39% more volatile than the broader market. Comparatively, Cousins Properties has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market.

Summary

Innovative Industrial Properties beats Cousins Properties on 12 of the 19 factors compared between the two stocks.

Get Innovative Industrial Properties News Delivered to You Automatically

Sign up to receive the latest news and ratings for IIPR and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

IIPR vs. The Competition

MetricInnovative Industrial PropertiesREIT IndustryFinance SectorNYSE Exchange
Market Cap$1.74B$10.47B$14.62B$23.81B
Dividend Yield12.55%4.77%5.67%4.18%
P/E Ratio15.6346.8321.2727.55
Price / Sales6.615.5743.8919.70
Price / Cash8.7415.0219.5232.22
Price / Book0.952.182.244.76
Net Income$118.25M$227.95M$1.14B$1.07B
7 Day Performance-2.04%0.46%0.24%-0.35%
1 Month Performance-3.79%1.28%0.60%-0.08%
1 Year Performance14.63%15.58%13.17%14.20%

Innovative Industrial Properties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIPR
Innovative Industrial Properties
2.2948 of 5 stars
$61.11
+0.9%
$48.00
-21.5%
+13.7%$1.74B$265.95M15.6320
GRWG
GrowGeneration
2.3552 of 5 stars
$1.39
+0.7%
N/A+34.9%$82.93M$161.74MN/A690
XXII
22nd Century Group
1.1926 of 5 stars
$4.65
+9.2%
N/A-99.6%$2.20M$17.59MN/A80
OUT
OUTFRONT Media
2.9921 of 5 stars
$31.88
-0.2%
$32.57
+2.2%
+80.6%$5.62B$1.87B30.361,986
SBRA
Sabra Healthcare REIT
2.5172 of 5 stars
$22.03
+0.2%
$22.25
+1.0%
+23.8%$5.54B$774.63M34.9740

Related Companies and Tools


This page (NYSE:IIPR) was last updated on 7/29/2026 by MarketBeat.com Staff.
From Our Partners