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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
NYSE:IIPR

Innovative Industrial Properties - IIPR Price Target & Analyst Ratings

$91.47
+1.69 (+1.88%)
(As of 02/1/2023 12:00 AM ET)
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Today's Range
$87.69
$93.07
50-Day Range
$85.78
$124.44
52-Week Range
$81.00
$211.17
Volume
306,132 shs
Average Volume
465,573 shs
Market Capitalization
$2.56 billion
P/E Ratio
17.59
Dividend Yield
8.02%
Price Target
$155.17

Innovative Industrial Properties Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 6 Analyst Ratings

Consensus Analyst Price Target

$155.17
69.64% Upside
High Prediction$179.00
Average Prediction$155.17
Low Prediction$117.00
TypeCurrent
2/2/22 to 2/2/23
1 Month Ago
1/3/22 to 1/3/23
3 Months Ago
11/4/21 to 11/4/22
1 Year Ago
2/2/21 to 2/2/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$155.17$166.67$163.00$268.17
Predicted Upside69.64% Upside62.07% Upside61.86% Upside17.53% Upside
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IIPR Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IIPR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Innovative Industrial Properties Stock vs. The Competition

TypeInnovative Industrial PropertiesFinance CompaniesS&P 500
Consensus Rating Score
2.67
2.43
2.46
Consensus RatingModerate BuyHoldHold
Predicted Upside69.64% Upside49.90% Upside8.10% Upside
News Sentiment RatingPositive News
Positive News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/24/2023BTIG Research
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 Lower TargetBuy$196.00 ➝ $179.00+102.53%
1/20/2023JMP Securities
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 DowngradeOutperform ➝ Market Perform
11/16/2022Craig Hallum
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 Boost Target$140.00+23.54%
11/9/2022Roth Capital
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 Lower Target$190.00 ➝ $170.00+56.24%
10/7/2022Piper Sandler
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 Lower TargetOverweight$135.00 ➝ $117.00+21.52%
9/19/2022Compass Point
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 UpgradeNeutral ➝ Buy$100.00 ➝ $175.00+91.34%
7/19/2022Wolfe Research
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 DowngradeOutperform ➝ Market Perform
12/23/2020LADENBURG THALM/SH SH
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral
(Data available from 2/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












IIPR Price Target - Frequently Asked Questions

What is Innovative Industrial Properties's consensus rating and price target?

According to the issued ratings of 6 analysts in the last year, the consensus rating for Innovative Industrial Properties stock is Moderate Buy based on the current 2 hold ratings and 4 buy ratings for IIPR. The average twelve-month price prediction for Innovative Industrial Properties is $155.17 with a high price target of $179.00 and a low price target of $117.00. Learn more on IIPR's analyst rating history.

Do Wall Street analysts like Innovative Industrial Properties more than its competitors?

Analysts like Innovative Industrial Properties more than other Finance companies. The consensus rating for Innovative Industrial Properties is Moderate Buy while the average consensus rating for finance companies is Hold. Learn more on how IIPR compares to other companies.

Is Innovative Industrial Properties being downgraded by Wall Street analysts?

Over the previous 90 days, Innovative Industrial Properties's stock had 1 downgrade by analysts.

Does Innovative Industrial Properties's stock price have much upside?

According to analysts, Innovative Industrial Properties's stock has a predicted upside of 55.65% based on their 12-month price targets.

What analysts cover Innovative Industrial Properties?

Innovative Industrial Properties has been rated by BTIG Research, Craig Hallum, JMP Securities, and Roth Capital in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:IIPR) was last updated on 2/2/2023 by MarketBeat.com Staff