NYSE · Real Estate · REIT - Industrial · USA
Innovative Industrial Properties Inc is a small cap company (market value between $300 million and $2 billion) in the REIT - Industrial industry.
Innovative Industrial Properties is a real estate investment trust that acquires and manages industrial properties across the United States, primarily leased to cannabis operators. The company also holds investments in the life science sector and may pursue additional real estate opportunities through joint ventures and financing arrangements.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the Innovative Industrial Properties Inc stock.
Undervalued: intrinsic value $88.18 per share, market price $52.77, margin of safety 40.2% (as of 2026-10-20).
Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $88.18; the price of $52.77 is 40% below that value, and 73% of that value comes from beyond year five.
Leak Score: 57/100 on 10 of 12 signals (Weak Signal).
17 more funds hold it; the full list is part of the paid plan.
All 15 REIT - Industrial stocks
IIPR is undervalued (as of the 2026-10-20 close). Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $88.18; the price of $52.77 is 40% below that value, and 73% of that value comes from beyond year five.
$88.18 per share (as of the 2026-10-20 close), against a market price of $52.77. That is a margin of safety of 40.2%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
57 out of 100, which we rate "Weak Signal", on 10 of 12 value investing signals.