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IIPR
Volume: 169.6K
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IIPR Stock Forecast & Price Target

IIPR Analyst Ratings

Based on 10 analyst ratings
Buy
Strong Buy 50%
Buy 20%
Hold 10%
Sell 10%
Strong Sell 10%

Bulls say

Innovative Industrial Properties Inc. has demonstrated a robust growth potential through an increase in its credit facility from $50 million to $87.5 million, indicating strong financial backing to support its operations. The company’s ability to report a Core FFO of $2.03, surpassing both internal estimates and the consensus, highlights its effective management and strong earnings capacity relative to the cannabis industry, where profitability remains challenged. Furthermore, IIPR's proactive approach in renegotiating lease terms with tenants and its focus on specialized industrial properties position it favorably within the evolving cannabis market, contributing to a positive outlook on its performance.

Bears say

Innovative Industrial Properties Inc. reported essentially flat year-over-year revenue for FY'24 at $308.5 million, indicating stagnation amidst ongoing challenges in the cannabis sector. The company's outlook for revenue suggests a decline to $296 million in 2025, largely attributed to the loss of two properties and a tempered pipeline, leading to a decrease in funds from operations (AFFO) per share by 7% year-over-year. Additionally, the stock has suffered a significant decline of 26% since the initial default by PharmaCann, highlighting the competitive risks and potential difficulties in leasing properties at favorable terms.

IIPR has been analyzed by 10 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 20% recommend Buy, 10% suggest Holding, 10% advise Selling, and 10% predict a Strong Sell.

This aggregate rating is based on analysts' research of Innovative Industrial Properties and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Innovative Industrial Properties (IIPR) Forecast

Analysts have given IIPR a Buy based on their latest research and market trends.

According to 10 analysts, IIPR has a Buy consensus rating as of Jul 1, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $130.20, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $130.20, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Innovative Industrial Properties (IIPR)

Volume: 169.6K

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