Go Pro
→ The $15 Gold Fund That Pays Up to $1,152/Month (From Investors Alley) (Ad)tc pixel Free IIPR Stock Alerts

Innovative Industrial Properties (IIPR) Competitors

Innovative Industrial Properties logo
$63.00 +0.13 (+0.21%)
Closing price 03:59 PM Eastern
Extended Trading
$61.93 -1.07 (-1.69%)
As of 07:57 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.
Compare

IIPR vs. GRWG, XXII, HR, TRNO, and OUT

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), Healthcare Realty Trust (HR), Terreno Realty (TRNO), and OUTFRONT Media (OUT).

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 business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, media sentiment, earnings, valuation, profitability and institutional ownership.

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%

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

Innovative Industrial Properties has a consensus price target of $45.00, suggesting a potential downside of 28.57%. Given Innovative Industrial Properties' stronger consensus rating and higher probable 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$161.74M0.57-$24.05M-$0.32N/A
Innovative Industrial Properties$265.95M6.82$118.25M$3.9116.11

In the previous week, GrowGeneration had 1 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 2 mentions for GrowGeneration and 1 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 1.52 beat GrowGeneration's score of 0.45 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)
Neutral
Innovative Industrial Properties
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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 insiders. Comparatively, 2.0% of Innovative Industrial Properties shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Innovative Industrial Properties beats GrowGeneration on 11 of the 14 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 superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, media sentiment, valuation, profitability and institutional ownership.

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$17.59M0.13-$5.05M-$4.37 thousandN/A
Innovative Industrial Properties$265.95M6.82$118.25M$3.9116.11

In the previous week, Innovative Industrial Properties had 1 more articles in the media than 22nd Century Group. MarketBeat recorded 1 mentions for Innovative Industrial Properties and 0 mentions for 22nd Century Group. Innovative Industrial Properties' average media sentiment score of 1.52 beat 22nd Century Group's score of 0.00 indicating that Innovative Industrial Properties is being referred to more favorably in the news media.

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

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 insiders. Comparatively, 2.0% of Innovative Industrial Properties shares are held by 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.

22nd Century Group has a beta of 0.67, suggesting that its stock price is 33% less 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 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%

Innovative Industrial Properties has a consensus target price of $45.00, suggesting a potential downside of 28.57%. Given Innovative Industrial Properties' stronger consensus rating and higher possible 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

Summary

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

How does Innovative Industrial Properties compare to Healthcare Realty Trust?

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

70.6% of Innovative Industrial Properties shares are owned by institutional investors. 0.6% of Healthcare Realty Trust shares are owned by company insiders. Comparatively, 2.0% of Innovative Industrial Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Innovative Industrial Properties has lower revenue, but higher earnings than Healthcare Realty Trust. Healthcare 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
Healthcare Realty Trust$1.18B6.08-$246.07M-$0.58N/A
Innovative Industrial Properties$265.95M6.82$118.25M$3.9116.11

Healthcare Realty Trust presently has a consensus price target of $21.67, suggesting a potential upside of 4.62%. Innovative Industrial Properties has a consensus price target of $45.00, suggesting a potential downside of 28.57%. Given Healthcare Realty Trust's stronger consensus rating and higher probable upside, equities analysts clearly believe Healthcare Realty Trust is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Healthcare Realty Trust
1 Sell rating(s)
5 Hold rating(s)
4 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

In the previous week, Healthcare Realty Trust had 4 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 5 mentions for Healthcare Realty Trust and 1 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 1.52 beat Healthcare Realty Trust's score of 1.36 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
Healthcare Realty Trust
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Innovative Industrial Properties
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Healthcare Realty Trust has a beta of 0.98, meaning that its share price is 2% less volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.39, meaning that its share price is 39% more volatile than the broader market.

Healthcare Realty Trust pays an annual dividend of $0.96 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 12.1%. Healthcare Realty Trust pays out -165.5% of its earnings in the form of a dividend. 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.

Innovative Industrial Properties has a net margin of 45.58% compared to Healthcare Realty Trust's net margin of -17.34%. Innovative Industrial Properties' return on equity of 6.62% beat Healthcare Realty Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Healthcare Realty Trust-17.34% -4.29% -2.09%
Innovative Industrial Properties 45.58%6.62%5.10%

Summary

Innovative Industrial Properties beats Healthcare Realty Trust on 13 of the 19 factors compared between the two stocks.

How does Innovative Industrial Properties compare to Terreno Realty?

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

Terreno Realty pays an annual dividend of $2.08 per share and has a dividend yield of 3.0%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 12.1%. Terreno Realty pays out 50.9% of its earnings in the form of a dividend. 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. Terreno Realty has raised its dividend for 5 consecutive years and Innovative Industrial Properties has raised its dividend for 4 consecutive years.

Terreno Realty currently has a consensus target price of $69.21, suggesting a potential upside of 0.96%. Innovative Industrial Properties has a consensus target price of $45.00, suggesting a potential downside of 28.57%. Given Terreno Realty's stronger consensus rating and higher probable upside, equities analysts clearly believe Terreno Realty is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Terreno Realty
2 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.62
Innovative Industrial Properties
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75

Terreno Realty has a beta of 1.05, meaning that its share price is 5% more volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.39, meaning that its share price is 39% more volatile than the broader market.

70.6% of Innovative Industrial Properties shares are owned by institutional investors. 1.9% of Terreno Realty shares are owned by company insiders. Comparatively, 2.0% of Innovative Industrial Properties shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Terreno Realty had 2 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 3 mentions for Terreno Realty and 1 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 1.52 beat Terreno Realty's score of 0.20 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
Terreno Realty
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Innovative Industrial Properties
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Terreno Realty has a net margin of 86.44% compared to Innovative Industrial Properties' net margin of 45.58%. Terreno Realty's return on equity of 10.35% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Terreno Realty86.44% 10.35% 7.98%
Innovative Industrial Properties 45.58%6.62%5.10%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Terreno Realty$476.38M15.30$402.99M$4.0916.76
Innovative Industrial Properties$265.95M6.82$118.25M$3.9116.11

Summary

Terreno Realty beats Innovative Industrial Properties on 15 of the 20 factors compared between the two stocks.

How does Innovative Industrial Properties compare to OUTFRONT Media?

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

In the previous week, OUTFRONT Media had 1 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 2 mentions for OUTFRONT Media and 1 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 1.52 beat OUTFRONT Media's score of 1.45 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)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
OUTFRONT Media
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

70.6% of Innovative Industrial Properties shares are owned by institutional investors. 2.0% of Innovative Industrial Properties shares are owned by insiders. Comparatively, 0.5% of OUTFRONT Media shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 12.1%. OUTFRONT Media pays an annual dividend of $1.20 per share and has a dividend yield of 3.5%. 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. 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 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 currently has a consensus price target of $45.00, indicating a potential downside of 28.57%. OUTFRONT Media has a consensus price target of $30.71, indicating a potential downside of 9.16%. Given OUTFRONT Media's stronger consensus rating and higher possible upside, analysts plainly believe OUTFRONT Media 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
OUTFRONT Media
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

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
Innovative Industrial Properties45.58% 6.62% 5.10%
OUTFRONT Media 9.98%30.36%3.57%

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
Innovative Industrial Properties$265.95M6.82$118.25M$3.9116.11
OUTFRONT Media$1.83B3.25$147M$1.0532.20

Summary

OUTFRONT Media beats Innovative Industrial Properties on 10 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

Export
MetricInnovative Industrial PropertiesREIT IndustryFinance SectorNYSE Exchange
Market Cap$1.81B$10.01B$14.15B$23.43B
Dividend Yield12.09%4.85%5.69%4.01%
P/E Ratio8.7649.8920.4731.19
Price / Sales6.825.3943.84169.14
Price / Cash9.0714.5019.3925.14
Price / Book0.982.122.264.77
Net Income$118.25M$227.95M$1.14B$1.07B
7 Day Performance-0.41%-1.67%-0.55%-0.57%
1 Month Performance4.27%0.55%1.37%1.40%
1 Year Performance12.88%13.26%11.48%16.52%

Innovative Industrial Properties Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIPR
Innovative Industrial Properties
2.2402 of 5 stars		$63.00
+0.2%		$45.00
-28.6%		+13.2%$1.81B$265.95M8.7620
GRWG
GrowGeneration
1.719 of 5 stars		$1.47
-3.3%		N/A+45.6%$91.34M$161.74MN/A690
XXII
22nd Century Group
0.6408 of 5 stars		$4.01
-7.0%		N/A-99.8%$960K$17.59MN/A80
HR
Healthcare Realty Trust
2.5409 of 5 stars		$20.61
+1.6%		$21.63
+5.0%		+29.8%$7.03B$1.18BN/A580
TRNO
Terreno Realty
3.466 of 5 stars		$67.17
+1.8%		$69.21
+3.0%		+18.6%$7.02B$476.38M16.4240

Related Companies and Tools

Related Companies
Top 10 Stock Comparisons

This page (NYSE:IIPR) was last updated on 7/9/2026 by MarketBeat.com Staff.
From Our Partners
Trump's gold order: the announcement they won't put on the front page
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
The $15 Gold Fund That Pays Up to $1,152/Month
Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...
Investors Alley | Sponsoredtc pixel
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Tru...
Altimetry | Sponsoredtc pixel
Do NOT Buy SpaceX – Do This Instead
SpaceX just went public - and Whitney Tilson, Harvard MBA and 30-year Wall Street veteran, says buying in coul...
Stansberry Research | Sponsoredtc pixel
Your $29.97 book is free today
Why Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...
Profits Run | Sponsoredtc pixel
SPCX Warning - and Worst News for Stocks in 50 Years
Goldman Sachs and Morgan Stanley are now predicting what could be the worst news for the U.S. stock market in ...
TradeSmith | Sponsoredtc pixel
CODE RED: AI Meltdown Imminent?
After correctly predicting the 2008 and 2020 stock market meltdowns, I believe this AI company is about to tri...
Paradigm Press | Sponsoredtc pixel
Better than SpaceX? Grab this ticker instead.
Larry Benedict generated $274 million for his clients by finding the trades most investors missed. Now he says...
Brownstone Research | Sponsoredtc pixel