Innovative Industrial Properties, Inc. (IIPR) Stock Forecast
IIPR analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.43 / 5 from 7 analysts
- Price target
- $61.45 average of analyst targets
- Upside to target
- +17.3% from the latest close
- Next earnings
- November 2, 2026 EPS estimate $1.73
- 52-week range
- $44.58 – $64.67
IIPR analyst ratings
7 analystsNumber of analysts at each rating.
IIPR price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
IIPR earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.83 | $0.83 | $0.83 | $0.97 | −14.4% | 1 |
| Current fiscal year (2026) | $4.15 | $4.15 | $4.15 | $3.93 | +5.6% | 1 |
| Next fiscal year (2027) | $4.39 | $4.39 | $4.39 | $4.15 | +5.8% | 1 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
IIPR revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $61.7M | $58.8M | $65.2M | −4.7% | 5 |
| Current fiscal year (2026) | $255.2M | $248.8M | $263.4M | −4.0% | 5 |
| Next fiscal year (2027) | $258.8M | $234.7M | $269.1M | +1.4% | 5 |
IIPR EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
IIPR revenue: reported and forecast
IIPR EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.09 | $1.09 | $1.09 | $0.83 | $0.83 | −24.2% | 0 up · 1 down |
| Current fiscal year (2026) | $4.28 | $4.28 | $4.28 | $4.15 | $4.15 | −3.0% | 0 up · 1 down |
| Next fiscal year (2027) | $4.79 | $4.79 | $4.79 | $4.59 | $4.39 | −8.4% | 0 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
IIPR earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; IIPR beat in 7 of 12.
What analysts expect from IIPR
7 analysts cover Innovative Industrial; their consensus rating is hold (3.43 on a 1–5 scale, where 5 is a strong buy). The average price target is $61.45, 17.3% above the latest close of $52.39. Analysts expect earnings of $4.15 per share for 2026, +5.6% from a year earlier. For 2027 the average estimate is $4.39 per share on revenue of $258.8 million. Innovative Industrial beat the EPS estimate in 7 of the last 12 quarters.
Related: IIPR income statement, IIPR key metrics, IIPR chart. See the IIPR stock overview for the latest quote and news.
IIPR forecast FAQ
What is Innovative Industrial's price target?
The average analyst price target for Innovative Industrial is $61.45, 17.3% above the latest close of $52.39.
Is Innovative Industrial a buy, hold or sell?
Of 7 analysts covering Innovative Industrial, 2 rate it a strong buy, 0 a buy, 4 a hold, 1 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Innovative Industrial's EPS forecast?
Analysts forecast $4.15 per share for 2026 (range $4.15 to $4.15); for 2027 the estimate is $4.39.
What is Innovative Industrial's revenue forecast?
The average revenue estimate for 2026 is $255.2 million, growth of −4.0%; for 2027 it is $258.8 million.
When does Innovative Industrial report earnings?
Innovative Industrial is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes; the EPS estimate is $1.73.
Does Innovative Industrial usually beat earnings estimates?
Innovative Industrial reported EPS at or above the analyst estimate in 7 of the last 12 quarters.