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Innovative Industrial Properties (IIPR) Competitors

Innovative Industrial Properties logo
$53.23 +0.57 (+1.08%)
As of 11:00 AM Eastern
This is a fair market value price provided by Massive. Learn more.

IIPR vs. COLD, LXP, GOOD, OLP, and ILPT

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), One Liberty Properties (OLP), and Industrial Logistics Properties Trust (ILPT). 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 superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, media sentiment, valuation, profitability and analyst recommendations.

Americold Realty Trust presently has a consensus target price of $15.61, indicating a potential downside of 1.87%. Innovative Industrial Properties has a consensus target price of $54.25, indicating a potential upside of 2.78%. Given Innovative Industrial Properties' stronger consensus rating and higher probable upside, analysts clearly believe Innovative Industrial Properties is more favorable than Americold Realty Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Americold Realty Trust
2 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.19
Innovative Industrial Properties
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57

Americold Realty Trust pays an annual dividend of $0.92 per share and has a dividend yield of 5.8%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 14.4%. Americold Realty Trust pays out 110.8% 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 171.6% 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 raised its dividend for 1 consecutive years and 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.

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 insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are held 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 lower revenue, but higher earnings than Americold Realty Trust. Innovative Industrial Properties is trading at a lower price-to-earnings ratio than Americold Realty Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Americold Realty Trust$2.60B1.75-$114.55M$0.8319.16
Innovative Industrial Properties$265.95M5.47$118.25M$4.4311.91

Americold Realty Trust has a beta of 0.93, meaning that its share price is 7% less volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.33, meaning that its share price is 33% more volatile than the broader market.

In the previous week, Innovative Industrial Properties had 5 more articles in the media than Americold Realty Trust. MarketBeat recorded 13 mentions for Innovative Industrial Properties and 8 mentions for Americold Realty Trust. Innovative Industrial Properties' average media sentiment score of 1.32 beat Americold Realty Trust's score of 1.20 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
Americold Realty Trust
5 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
10 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 has a net margin of 53.20% compared to Americold Realty Trust's net margin of 9.03%. Americold Realty Trust's return on equity of 8.44% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Americold Realty Trust9.03% 8.44% 3.03%
Innovative Industrial Properties 53.20%8.01%5.62%

Summary

Innovative Industrial Properties beats Americold Realty Trust on 14 of the 20 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 stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, dividends, analyst recommendations, institutional ownership and earnings.

Innovative Industrial Properties presently has a consensus target price of $54.25, suggesting a potential upside of 2.78%. LXP Industrial Trust has a consensus target price of $57.40, suggesting a potential downside of 6.18%. Given Innovative Industrial Properties' stronger consensus rating and higher probable upside, research analysts plainly believe Innovative Industrial Properties is more favorable than LXP Industrial Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Industrial Properties
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
LXP Industrial Trust
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.38

In the previous week, Innovative Industrial Properties had 10 more articles in the media than LXP Industrial Trust. MarketBeat recorded 13 mentions for Innovative Industrial Properties and 3 mentions for LXP Industrial Trust. LXP Industrial Trust's average media sentiment score of 1.87 beat Innovative Industrial Properties' score of 1.32 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
10 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
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 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$265.95M5.47$118.25M$4.4311.91
LXP Industrial Trust$351.59M10.26$113.16M$1.9431.54

Innovative Industrial Properties has a net margin of 53.20% compared to LXP Industrial Trust's net margin of 34.31%. Innovative Industrial Properties' return on equity of 8.01% beat LXP Industrial Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties53.20% 8.01% 5.62%
LXP Industrial Trust 34.31%6.29%3.45%

Innovative Industrial Properties has a beta of 1.33, indicating that its share price is 33% more volatile than the broader market. Comparatively, LXP Industrial Trust has a beta of 1.02, indicating that its share price is 2% more volatile than the broader market.

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

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 14.4%. 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 171.6% 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 144.3% 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 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.

Summary

Innovative Industrial Properties beats LXP Industrial Trust on 12 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 business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, risk, media sentiment, profitability, valuation, dividends and earnings.

Innovative Industrial Properties has a beta of 1.33, indicating that its stock price is 33% more volatile than the broader market. Comparatively, Gladstone Commercial has a beta of 1.09, indicating that its stock price is 9% more volatile than the broader market.

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

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 14.4%. Gladstone Commercial pays an annual dividend of $1.20 per share and has a dividend yield of 12.2%. Innovative Industrial Properties pays out 171.6% 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 923.1% 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 presently has a consensus target price of $54.25, indicating a potential upside of 2.78%. Gladstone Commercial has a consensus target price of $12.25, indicating a potential upside of 24.37%. Given Gladstone Commercial's 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)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
Gladstone Commercial
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Gladstone Commercial had 9 more articles in the media than Innovative Industrial Properties. MarketBeat recorded 22 mentions for Gladstone Commercial and 13 mentions for Innovative Industrial Properties. Innovative Industrial Properties' average media sentiment score of 1.32 beat Gladstone Commercial's score of 1.10 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
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Gladstone Commercial
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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$265.95M5.47$118.25M$4.4311.91
Gladstone Commercial$161.34M2.97$19.29M$0.1375.77

Innovative Industrial Properties has a net margin of 53.20% compared to Gladstone Commercial's net margin of 10.81%. Gladstone Commercial's return on equity of 11.58% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties53.20% 8.01% 5.62%
Gladstone Commercial 10.81%11.58%1.49%

Summary

Innovative Industrial Properties beats Gladstone Commercial on 17 of the 20 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 better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, risk, media sentiment, profitability, valuation, dividends and earnings.

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 14.4%. One Liberty Properties pays an annual dividend of $1.80 per share and has a dividend yield of 8.5%. Innovative Industrial Properties pays out 171.6% 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 156.5% 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 presently has a consensus target price of $54.25, indicating a potential upside of 2.78%. One Liberty Properties has a consensus target price of $28.50, indicating a potential upside of 34.68%. Given One Liberty Properties' 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)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
One Liberty Properties
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Innovative Industrial Properties has a beta of 1.33, indicating that its stock price is 33% more volatile than the broader market. Comparatively, One Liberty Properties has a beta of 0.89, indicating that its stock price is 11% less volatile than the broader market.

In the previous week, Innovative Industrial Properties had 13 more articles in the media than One Liberty Properties. MarketBeat recorded 13 mentions for Innovative Industrial Properties and 0 mentions for One Liberty Properties. Innovative Industrial Properties' average media sentiment score of 1.32 beat One Liberty Properties' score of 0.00 indicating that Innovative Industrial Properties is being referred to more favorably in the media.

Company Overall Sentiment
Innovative Industrial Properties Positive
One Liberty Properties Neutral

Innovative Industrial Properties has a net margin of 53.20% compared to One Liberty Properties' net margin of 23.82%. One Liberty Properties' return on equity of 8.47% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties53.20% 8.01% 5.62%
One Liberty Properties 23.82%8.47%2.90%

70.6% of Innovative Industrial Properties shares are owned by institutional investors. Comparatively, 36.2% of One Liberty Properties shares are owned by institutional investors. 2.3% of Innovative Industrial Properties shares are owned by company insiders. Comparatively, 26.2% of One Liberty Properties shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock 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
Innovative Industrial Properties$265.95M5.47$118.25M$4.4311.91
One Liberty Properties$97.23M4.77$25.47M$1.1518.40

Summary

Innovative Industrial Properties beats One Liberty Properties on 15 of the 20 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 business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, media sentiment, earnings and dividends.

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 14.4%. Industrial Logistics Properties Trust pays an annual dividend of $0.40 per share and has a dividend yield of 6.6%. Innovative Industrial Properties pays out 171.6% 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 -47.1% 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$265.95M5.47$118.25M$4.4311.91
Industrial Logistics Properties Trust$448.85M0.90-$66.19M-$0.85N/A

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 insiders. Comparatively, 2.3% of Industrial Logistics Properties Trust shares are held by 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.

In the previous week, Innovative Industrial Properties had 9 more articles in the media than Industrial Logistics Properties Trust. MarketBeat recorded 13 mentions for Innovative Industrial Properties and 4 mentions for Industrial Logistics Properties Trust. Industrial Logistics Properties Trust's average media sentiment score of 1.55 beat Innovative Industrial Properties' score of 1.32 indicating that Industrial Logistics Properties Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Innovative Industrial Properties
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Industrial Logistics Properties Trust
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 presently has a consensus target price of $54.25, suggesting a potential upside of 2.78%. Industrial Logistics Properties Trust has a consensus target price of $10.50, suggesting a potential upside of 73.27%. Given Industrial Logistics Properties Trust's 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)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
Industrial Logistics Properties Trust
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Innovative Industrial Properties has a net margin of 53.20% compared to Industrial Logistics Properties Trust's net margin of -12.12%. Innovative Industrial Properties' return on equity of 8.01% beat Industrial Logistics Properties Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Innovative Industrial Properties53.20% 8.01% 5.62%
Industrial Logistics Properties Trust -12.12%-6.54%-1.09%

Innovative Industrial Properties has a beta of 1.33, suggesting that its stock price is 33% more volatile than the broader market. Comparatively, Industrial Logistics Properties Trust has a beta of 2.55, suggesting that its stock price is 155% more volatile than the broader market.

Summary

Innovative Industrial Properties beats Industrial Logistics Properties Trust on 14 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$1.47B$9.81B$5.47B$23.47B
Dividend Yield13.88%6.01%6.00%3.74%
P/E Ratio12.0225.8430.4129.75
Price / Sales5.528.674.963.36
Price / Cash7.8935.1525.8715.68
Price / Book0.861.341.763.70
Net Income$118.25M$311.34M-$72.98M$1.08B
7 Day Performance-2.74%-0.03%-0.04%0.26%
1 Month Performance3.22%1.11%0.50%-0.61%
1 Year Performance6.34%2.81%-4.54%6.40%

Innovative Industrial Properties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIPR
Innovative Industrial Properties
3.8308 of 5 stars
$53.23
+1.1%
$54.25
+1.9%
+4.4%$1.47B$265.95M12.0224
COLD
Americold Realty Trust
1.8081 of 5 stars
$15.77
+3.8%
$15.46
-1.9%
+43.7%$4.34B$2.60B11.0912,690
LXP
LXP Industrial Trust
1.9039 of 5 stars
$61.18
flat
$57.40
-6.2%
N/A$3.61B$351.59M31.5458
GOOD
Gladstone Commercial
3.8217 of 5 stars
$10.45
-4.0%
$12.25
+17.2%
-12.5%$527.16M$171.78M80.3972
OLP
One Liberty Properties
4.1196 of 5 stars
$20.90
-4.7%
$28.50
+36.4%
+2.9%$480.50M$97.23M18.179

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This page (NYSE:IIPR) was last updated on 11/13/2026 by MarketBeat.com Staff.
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