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Innovative Industrial Properties (IIPR) Competitors

Innovative Industrial Properties logo
$58.20 +0.20 (+0.35%)
Closing price 03:59 PM Eastern
Extended Trading
$58.01 -0.20 (-0.34%)
As of 04:43 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.
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IIPR vs. GRWG, XXII, VNO, OUT, and SBRA

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), Vornado Realty Trust (VNO), OUTFRONT Media (OUT), and Sabra Healthcare REIT (SBRA).

How does Innovative Industrial Properties compare to GrowGeneration?

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

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
Innovative Industrial Properties$265.95M6.30$118.25M$3.9114.89
GrowGeneration$161.74M0.66-$24.05M-$0.32N/A

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
Innovative Industrial Properties45.58% 6.62% 5.10%
GrowGeneration -11.91%-19.50%-12.91%

Innovative Industrial Properties presently has a consensus target price of $45.00, suggesting a potential downside of 22.68%. Given Innovative Industrial Properties' stronger consensus rating and higher possible upside, equities analysts clearly believe Innovative Industrial Properties is more favorable than GrowGeneration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Industrial Properties
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80
GrowGeneration
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67

Innovative Industrial Properties has a beta of 1.41, indicating that its share price is 41% more volatile than the broader market. Comparatively, GrowGeneration has a beta of 2.4, indicating that its share price is 140% more volatile than the broader market.

70.6% of Innovative Industrial Properties shares are owned by institutional investors. Comparatively, 36.0% of GrowGeneration shares are owned by institutional investors. 2.0% of Innovative Industrial Properties shares are owned by insiders. Comparatively, 8.1% of GrowGeneration shares are owned 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.

In the previous week, Innovative Industrial Properties had 3 more articles in the media than GrowGeneration. MarketBeat recorded 6 mentions for Innovative Industrial Properties and 3 mentions for GrowGeneration. Innovative Industrial Properties' average media sentiment score of 0.95 beat GrowGeneration's score of 0.62 indicating that Innovative Industrial Properties is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Innovative Industrial Properties
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
GrowGeneration
0 Very Positive mention(s)
0 Positive mention(s)
1 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 analyst recommendations, institutional ownership, profitability, valuation, risk, dividends, media sentiment and earnings.

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%

22nd Century Group has a beta of 0.77, meaning that its stock price is 23% less volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.41, meaning that its stock price is 41% more volatile than the broader market.

In the previous week, Innovative Industrial Properties had 5 more articles in the media than 22nd Century Group. MarketBeat recorded 6 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 0.95 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

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$17.59M0.14-$5.05M-$218.26N/A
Innovative Industrial Properties$265.95M6.30$118.25M$3.9114.89

Innovative Industrial Properties has a consensus price target of $45.00, suggesting a potential downside of 22.68%. 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)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80

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, 2.0% 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 stock is poised for long-term growth.

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 Vornado Realty Trust?

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

Innovative Industrial Properties has a net margin of 45.58% compared to Vornado Realty Trust's net margin of 43.99%. Vornado Realty Trust's return on equity of 15.82% beat Innovative Industrial Properties' return on equity.

Company Net Margins Return on Equity Return on Assets
Vornado Realty Trust43.99% 15.82% 5.07%
Innovative Industrial Properties 45.58%6.62%5.10%

Vornado Realty Trust has higher revenue and earnings than Innovative Industrial Properties. Vornado 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
Vornado Realty Trust$1.81B3.51$904.96M$3.649.27
Innovative Industrial Properties$265.95M6.30$118.25M$3.9114.89

Vornado Realty Trust has a beta of 1.53, suggesting that its share price is 53% more volatile than the broader market. Comparatively, Innovative Industrial Properties has a beta of 1.41, suggesting that its share price is 41% more volatile than the broader market.

Vornado Realty Trust presently has a consensus target price of $34.55, suggesting a potential upside of 2.35%. Innovative Industrial Properties has a consensus target price of $45.00, suggesting a potential downside of 22.68%. Given Vornado Realty Trust's stronger consensus rating and higher possible upside, equities research analysts plainly believe Vornado Realty Trust is more favorable than Innovative Industrial Properties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vornado Realty Trust
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.17
Innovative Industrial Properties
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80

In the previous week, Vornado Realty Trust and Vornado Realty Trust both had 6 articles in the media. Vornado Realty Trust's average media sentiment score of 1.56 beat Innovative Industrial Properties' score of 0.95 indicating that Vornado Realty Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vornado Realty Trust
5 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
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Vornado Realty Trust pays an annual dividend of $0.74 per share and has a dividend yield of 2.2%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.1%. Vornado Realty Trust pays out 20.3% 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.

90.0% of Vornado Realty Trust shares are held by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are held by institutional investors. 9.0% of Vornado Realty Trust 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, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Vornado Realty Trust beats Innovative Industrial Properties on 11 of the 18 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 better investment? We will contrast the two businesses based on the strength of their profitability, valuation, dividends, institutional ownership, risk, earnings, analyst recommendations and media sentiment.

Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 13.1%. OUTFRONT Media pays an annual dividend of $1.20 per share and has a dividend yield of 3.7%. 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.

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

In the previous week, Innovative Industrial Properties had 2 more articles in the media than OUTFRONT Media. MarketBeat recorded 6 mentions for Innovative Industrial Properties and 4 mentions for OUTFRONT Media. OUTFRONT Media's average media sentiment score of 0.96 beat Innovative Industrial Properties' score of 0.95 indicating that OUTFRONT Media is being referred to more favorably in the news media.

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

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$265.95M6.30$118.25M$3.9114.89
OUTFRONT Media$1.83B3.10$147M$1.0530.69

Innovative Industrial Properties presently has a consensus price target of $45.00, indicating a potential downside of 22.68%. OUTFRONT Media has a consensus price target of $30.71, indicating a potential downside of 4.68%. Given OUTFRONT Media's stronger consensus rating and higher probable 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
Innovative Industrial Properties
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80
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%

Innovative Industrial Properties has a beta of 1.41, indicating that its share price is 41% more volatile than the broader market. Comparatively, OUTFRONT Media has a beta of 1.5, indicating that its share price is 50% more volatile than the broader market.

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 businesses based on the strength of their valuation, media sentiment, risk, earnings, analyst recommendations, dividends, institutional ownership and profitability.

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%

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. 2.0% 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 large money managers, endowments and hedge funds 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 13.1%. Sabra Healthcare REIT pays an annual dividend of $1.20 per share and has a dividend yield of 6.0%. 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. 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.

Innovative Industrial Properties has a beta of 1.41, meaning that its share price is 41% more volatile than the broader market. Comparatively, Sabra Healthcare REIT has a beta of 0.67, meaning that its share price is 33% less volatile than the broader market.

In the previous week, Innovative Industrial Properties and Innovative Industrial Properties both had 6 articles in the media. Innovative Industrial Properties' average media sentiment score of 0.95 beat Sabra Healthcare REIT's score of 0.77 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
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sabra Healthcare REIT
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$265.95M6.30$118.25M$3.9114.89
Sabra Healthcare REIT$774.63M6.48$155.61M$0.6331.57

Innovative Industrial Properties currently has a consensus target price of $45.00, indicating a potential downside of 22.68%. Sabra Healthcare REIT has a consensus target price of $22.30, indicating a potential upside of 12.12%. Given Sabra Healthcare REIT's stronger consensus rating and higher possible upside, analysts plainly 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)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80
Sabra Healthcare REIT
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Innovative Industrial Properties and Sabra Healthcare REIT tied by winning 9 of the 18 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

Export
MetricInnovative Industrial PropertiesREIT IndustryFinance SectorNYSE Exchange
Market Cap$1.67B$9.91B$13.56B$23.17B
Dividend Yield13.16%5.03%5.77%4.07%
P/E Ratio14.8946.9423.9930.85
Price / Sales6.305.23149.8524.75
Price / Cash8.3313.6419.8924.96
Price / Book0.942.112.164.79
Net Income$118.25M$227.95M$1.13B$1.07B
7 Day Performance1.88%0.64%0.70%1.15%
1 Month Performance9.41%3.85%1.12%2.86%
1 Year Performance4.65%11.84%12.32%27.33%

Innovative Industrial Properties Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIPR
Innovative Industrial Properties
2.8108 of 5 stars		$58.20
+0.4%		$45.00
-22.7%		+4.3%$1.67B$265.95M14.8920
GRWG
GrowGeneration
1.8408 of 5 stars		$1.76
+1.1%		N/A+57.5%$104.56M$161.74MN/A690
XXII
22nd Century Group
1.3756 of 5 stars		$0.60
-1.8%		N/A-99.8%$2.72M$17.59MN/A80
VNO
Vornado Realty Trust
3.4376 of 5 stars		$31.62
+0.1%		$34.18
+8.1%		-10.7%$5.94B$1.81B8.693,145
OUT
OUTFRONT Media
3.3683 of 5 stars		$33.39
+1.6%		$30.71
-8.0%		+99.7%$5.78B$1.83B31.801,986

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This page (NYSE:IIPR) was last updated on 5/29/2026 by MarketBeat.com Staff.
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