$113.70
0.65[0.57%]
At close: May 16
$113.70
0[0.00%]
After Hours: 4:00PM EDT
Innovative Ind Props
(NYSE:IIPR)Innovative Ind Props Stock (NYSE:IIPR), Analyst Ratings, Price Targets, Predictions
Innovative Industrial Properties Inc has a consensus price target of $126.5, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from Craig-Hallum, Piper Sandler, and Piper Sandler on March 7, 2024, February 29, 2024, and November 6, 2023. With an average price target of $96 between Craig-Hallum, Piper Sandler, and Piper Sandler, there's an implied -15.57% downside for Innovative Industrial Properties Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Craig-Hallum
Piper Sandler
Compass Point
BTIG
JMP Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Innovative Ind Props
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/07/2024 | Buy Now | -12.05% | Craig-Hallum | Eric Des Lauriers | $80 → $100 | Maintains | Hold | Get Alert |
| 02/29/2024 | Buy Now | -9.41% | Piper Sandler | Alexander Goldfarb | $85 → $103 | Maintains | Neutral | Get Alert |
| 11/06/2023 | Buy Now | -25.24% | Piper Sandler | Alexander Goldfarb | $80 → $85 | Maintains | Neutral | Get Alert |
| 09/05/2023 | Buy Now | -16.45% | Compass Point | Merrill Ross | → $95 | Downgrade | Buy → Neutral | Get Alert |
| 06/30/2023 | Buy Now | -29.64% | Piper Sandler | Alexander Goldfarb | → $80 | Downgrade | Overweight → Neutral | Get Alert |
| 05/31/2023 | Buy Now | -29.64% | Piper Sandler | Alexander Goldfarb | $97 → $80 | Maintains | Overweight | Get Alert |
| 05/17/2023 | Buy Now | -12.05% | Compass Point | Merrill Ross | $125 → $100 | Maintains | Buy | Get Alert |
| 05/10/2023 | Buy Now | -29.64% | Craig-Hallum | Eric Des Lauriers | $125 → $80 | Downgrade | Buy → Hold | Get Alert |
| 04/05/2023 | Buy Now | -14.69% | Piper Sandler | Alexander Goldfarb | $120 → $97 | Maintains | Overweight | Get Alert |
| 03/01/2023 | Buy Now | 5.54% | Piper Sandler | Alexander Goldfarb | $140 → $120 | Maintains | Overweight | Get Alert |
| 01/24/2023 | Buy Now | 57.43% | BTIG | Thomas Catherwood | $196 → $179 | Maintains | Buy | Get Alert |
| 01/20/2023 | Buy Now | 9.94% | Compass Point | Merrill Ross | $145 → $125 | Maintains | Buy | Get Alert |
| 01/20/2023 | Buy Now | — | JMP Securities | Aaron Hecht | — | Downgrade | Market Outperform → Market Perform | Get Alert |
| 01/03/2023 | Buy Now | 27.53% | Compass Point | Merrill Ross | $175 → $145 | Maintains | Buy | Get Alert |
| 10/07/2022 | Buy Now | 2.9% | Piper Sandler | Alexander Goldfarb | $135 → $117 | Maintains | Overweight | Get Alert |
| 09/19/2022 | Buy Now | 53.91% | Compass Point | Merrill Ross | $100 → $175 | Upgrade | Neutral → Buy | Get Alert |
| 08/08/2022 | Buy Now | 18.73% | Piper Sandler | Alexander Goldfarb | $160 → $135 | Maintains | Overweight | Get Alert |
| 08/08/2022 | Buy Now | -12.05% | Compass Point | Merrill Ross | → $100 | Downgrade | Buy → Neutral | Get Alert |
| 07/19/2022 | Buy Now | 31.93% | JMP Securities | Aaron Hecht | $190 → $150 | Maintains | Market Outperform | Get Alert |
| 07/19/2022 | Buy Now | — | Wolfe Research | Andrew Rosivach | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 06/02/2022 | Buy Now | 67.11% | JMP Securities | Aaron Hecht | $300 → $190 | Maintains | Market Outperform | Get Alert |
| 05/09/2022 | Buy Now | — | Craig-Hallum | Eric Des Lauriers | — | Upgrade | Hold → Buy | Get Alert |
| 11/04/2021 | Buy Now | 163.85% | JMP Securities | Aaron Hecht | — | Maintains | Market Outperform | Get Alert |
| 09/01/2021 | Buy Now | 155.06% | BTIG | Gray Powell | — | Maintains | Buy | Get Alert |
| 08/09/2021 | Buy Now | 111.08% | Craig-Hallum | Eric Des Lauriers | — | Maintains | Hold | Get Alert |
| 08/06/2021 | Buy Now | 115.48% | Roth Capital | Scott Fortune | — | Maintains | Buy | Get Alert |
| 07/02/2021 | Buy Now | 119% | Wolfe Research | Andrew Rosivach | — | Initiates | → Outperform | Get Alert |
FAQ
What is the target price for Innovative Ind Props (IIPR)?
The latest price target for Innovative Ind Props (NYSE: IIPR) was reported by Craig-Hallum on March 7, 2024. The analyst firm set a price target for $100.00 expecting IIPR to fall to within 12 months (a possible -12.05% downside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Innovative Ind Props (IIPR)?
The latest analyst rating for Innovative Ind Props (NYSE: IIPR) was provided by Craig-Hallum, and Innovative Ind Props maintained their hold rating.
When was the last upgrade for Innovative Ind Props (IIPR)?
The last upgrade for Innovative Industrial Properties Inc happened on September 19, 2022 when Compass Point raised their price target to $175. Compass Point previously had a neutral for Innovative Industrial Properties Inc.
When was the last downgrade for Innovative Ind Props (IIPR)?
The last downgrade for Innovative Industrial Properties Inc happened on September 5, 2023 when Compass Point changed their price target from N/A to $95 for Innovative Industrial Properties Inc.
When is the next analyst rating going to be posted or updated for Innovative Ind Props (IIPR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Innovative Ind Props, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Innovative Ind Props was filed on March 7, 2024 so you should expect the next rating to be made available sometime around March 7, 2025.
Is the Analyst Rating Innovative Ind Props (IIPR) correct?
While ratings are subjective and will change, the latest Innovative Ind Props (IIPR) rating was a maintained with a price target of $80.00 to $100.00. The current price Innovative Ind Props (IIPR) is trading at is $113.70, which is out of the analyst’s predicted range.
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