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Innovative Industrial Properties (IIPR) Competitors

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$57.08 -0.12 (-0.20%)
As of 11:21 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?

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

Innovative Industrial Properties has lower revenue, but higher earnings 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
Americold Realty Trust$2.60B1.53-$114.55M-$1.59N/A
Innovative Industrial Properties$265.95M5.93$118.25M$4.4112.96

Americold Realty Trust currently has a consensus target price of $15.63, suggesting a potential upside of 12.27%. Innovative Industrial Properties has a consensus target price of $48.00, suggesting a potential downside of 16.05%. Given Americold Realty Trust's stronger consensus rating and higher possible upside, equities research 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
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
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 5 more articles in the media than Americold Realty Trust. MarketBeat recorded 12 mentions for Innovative Industrial Properties and 7 mentions for Americold Realty Trust. Americold Realty Trust's average media sentiment score of 1.43 beat Innovative Industrial Properties' score of 1.43 indicating that Americold Realty Trust is being referred to more favorably in the media.

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

Americold Realty Trust pays an annual dividend of $0.92 per share and has a dividend yield of 6.6%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.3%. Americold Realty Trust pays out -57.9% of its earnings in the form of a dividend. 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 has increased its dividend for 1 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.

Americold Realty Trust has a beta of 0.98, indicating that its stock price is 2% less volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.35, indicating that its stock price is 35% more volatile than the broader market.

98.1% of Americold Realty Trust shares are held by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are held by institutional investors. 0.4% of Americold Realty Trust 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

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
Americold Realty Trust-17.44% -16.14% -5.68%
Innovative Industrial Properties 52.27%7.73%5.69%

Summary

Innovative Industrial Properties beats Americold Realty Trust on 12 of the 19 factors compared between the two stocks.

How does Innovative Industrial Properties compare to LXP Industrial Trust?

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

Innovative Industrial Properties presently has a consensus target price of $48.00, suggesting a potential downside of 16.05%. LXP Industrial Trust has a consensus target price of $57.40, suggesting a potential downside of 5.58%. Given LXP Industrial Trust's stronger consensus rating and higher probable upside, analysts plainly believe LXP Industrial 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
LXP Industrial Trust
0 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.22

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.3%. LXP Industrial Trust pays an annual dividend of $2.80 per share and has a dividend yield of 4.6%. 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 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 has raised its dividend for 4 consecutive years and LXP Industrial Trust has raised its dividend for 3 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 had 8 more articles in the media than LXP Industrial Trust. MarketBeat recorded 12 mentions for Innovative Industrial Properties and 4 mentions for LXP Industrial Trust. LXP Industrial Trust's average media sentiment score of 1.88 beat Innovative Industrial Properties' score of 1.43 indicating that LXP Industrial Trust is being referred to more favorably in the news media.

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

70.6% of Innovative Industrial Properties shares are held by institutional investors. Comparatively, 93.5% of LXP Industrial Trust shares are held by institutional investors. 2.3% of Innovative Industrial Properties shares are held by company insiders. Comparatively, 2.8% of LXP Industrial Trust shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Innovative Industrial Properties has higher earnings, but lower revenue 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
Innovative Industrial Properties$265.95M5.93$118.25M$4.4112.96
LXP Industrial Trust$350.23M10.23$113.16M$1.0060.79

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
Innovative Industrial Properties52.27% 7.73% 5.69%
LXP Industrial Trust 18.66%3.37%1.83%

Innovative Industrial Properties has a beta of 1.35, suggesting that its share price is 35% more volatile than the broader market. Comparatively, LXP Industrial Trust has a beta of 1.02, suggesting that its share price is 2% more volatile than the broader market.

Summary

Innovative Industrial Properties beats LXP Industrial Trust 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 better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, risk, profitability, institutional ownership, media sentiment, earnings and dividends.

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 insiders. Comparatively, 1.3% of Gladstone Commercial shares are held by 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, Innovative Industrial Properties had 10 more articles in the media than Gladstone Commercial. MarketBeat recorded 12 mentions for Innovative Industrial Properties and 2 mentions for Gladstone Commercial. Gladstone Commercial's average media sentiment score of 1.77 beat Innovative Industrial Properties' score of 1.43 indicating that Gladstone Commercial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Innovative Industrial Properties
9 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Gladstone Commercial
2 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 pays an annual dividend of $7.60 per share and has a dividend yield of 13.3%. Gladstone Commercial pays an annual dividend of $1.20 per share and has a dividend yield of 9.1%. 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.

Innovative Industrial Properties has a beta of 1.35, suggesting that its share price is 35% more volatile than the broader market. Comparatively, Gladstone Commercial has a beta of 1.08, suggesting that its share price is 8% more volatile than the broader market.

Innovative Industrial Properties currently has a consensus price target of $48.00, suggesting a potential downside of 16.05%. Gladstone Commercial has a consensus price target of $12.83, suggesting a potential downside of 2.59%. Given Gladstone Commercial's stronger consensus rating and higher possible upside, analysts clearly 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 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%

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$265.95M5.93$118.25M$4.4112.96
Gladstone Commercial$161.34M3.95$19.29M$0.2650.67

Summary

Innovative Industrial Properties beats Gladstone Commercial on 13 of the 18 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 better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, media sentiment, analyst recommendations, profitability, dividends, valuation and earnings.

Innovative Industrial Properties currently has a consensus price target of $48.00, indicating a potential downside of 16.05%. Industrial Logistics Properties Trust has a consensus price target of $11.50, indicating a potential upside of 41.52%. Given Industrial Logistics Properties Trust's stronger consensus rating and higher possible 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

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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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%

Innovative Industrial Properties has a beta of 1.35, meaning that its stock price is 35% 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 pays an annual dividend of $7.60 per share and has a dividend yield of 13.3%. Industrial Logistics Properties Trust pays an annual dividend of $0.40 per share and has a dividend yield of 4.9%. 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 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 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$265.95M5.93$118.25M$4.4112.96
Industrial Logistics Properties Trust$448.85M1.21-$66.19M-$0.72N/A

In the previous week, Innovative Industrial Properties had 12 more articles in the media than Industrial Logistics Properties Trust. MarketBeat recorded 12 mentions for Innovative Industrial Properties and 0 mentions for Industrial Logistics Properties Trust. Innovative Industrial Properties' average media sentiment score of 1.43 beat Industrial Logistics Properties Trust's score of 0.00 indicating that Innovative Industrial Properties is being referred to more favorably in the media.

Summary

Innovative Industrial Properties beats Industrial Logistics Properties Trust on 12 of the 18 factors compared between the two stocks.

How does Innovative Industrial Properties compare to One Liberty Properties?

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

In the previous week, Innovative Industrial Properties had 10 more articles in the media than One Liberty Properties. MarketBeat recorded 12 mentions for Innovative Industrial Properties and 2 mentions for One Liberty Properties. One Liberty Properties' average media sentiment score of 1.91 beat Innovative Industrial Properties' score of 1.43 indicating that One Liberty Properties is being referred to more favorably in the news media.

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

70.6% of Innovative Industrial Properties shares are held by institutional investors. Comparatively, 36.2% of One Liberty Properties shares are held by institutional investors. 2.3% of Innovative Industrial Properties shares are held by insiders. Comparatively, 26.2% of One Liberty Properties shares are held by 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 pays an annual dividend of $7.60 per share and has a dividend yield of 13.3%. One Liberty Properties pays an annual dividend of $1.80 per share and has a dividend yield of 7.5%. 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. 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 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 beta of 1.35, suggesting that its share price is 35% more volatile than the broader market. Comparatively, One Liberty Properties has a beta of 0.86, suggesting that its share price is 14% less 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
Innovative Industrial Properties52.27% 7.73% 5.69%
One Liberty Properties 33.51%11.52%4.06%

Innovative Industrial Properties presently has a consensus target price of $48.00, suggesting a potential downside of 16.05%. One Liberty Properties has a consensus target price of $28.50, suggesting a potential upside of 19.20%. Given One Liberty Properties' stronger consensus rating and higher probable upside, analysts plainly believe One Liberty 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
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 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
Innovative Industrial Properties$265.95M5.93$118.25M$4.4112.96
One Liberty Properties$97.23M5.39$25.47M$1.5915.04

Summary

Innovative Industrial Properties beats One Liberty Properties on 11 of the 20 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$1.58B$9.81B$5.54B$23.56B
Dividend Yield13.29%5.84%6.42%3.73%
P/E Ratio12.9747.7328.6829.24
Price / Sales5.93274.32127.8421.07
Price / Cash8.2534.5234.2419.95
Price / Book0.891.371.874.82
Net Income$118.25M$298.42M-$64.10M$1.07B
7 Day Performance1.88%-0.47%-0.17%1.17%
1 Month Performance-3.32%-2.42%-2.34%-1.01%
1 Year Performance0.52%7.00%7.99%12.71%

Innovative Industrial Properties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIPR
Innovative Industrial Properties
3.2992 of 5 stars
$57.09
-0.2%
$48.00
-15.9%
-0.7%$1.57B$265.95M12.9420
COLD
Americold Realty Trust
3.7964 of 5 stars
$15.08
-1.3%
$15.63
+3.7%
+2.0%$4.36B$2.60BN/A12,690
LXP
LXP Industrial Trust
2.5107 of 5 stars
$61.09
+0.2%
$57.40
-6.0%
+33.0%$3.60B$347.70M61.0970
GOOD
Gladstone Commercial
1.3945 of 5 stars
$12.98
-0.2%
$12.83
-1.1%
-0.8%$629.79M$170.20M49.9270
ILPT
Industrial Logistics Properties Trust
3.75 of 5 stars
$8.32
-1.3%
$11.50
+38.2%
+34.0%$562.67M$448.85MN/A600

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This page (NYSE:IIPR) was last updated on 9/8/2026 by MarketBeat.com Staff.
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