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Innovative Industrial Properties Inc has a consensus price target of $96 based on the ratings of 10 analysts. The high is $130 issued by Roth MKM on February 21, 2025. The low is $60 issued by Compass Point on March 18, 2025. The 3 most-recent analyst ratings were released by Compass Point, Piper Sandler, and Roth MKM on March 18, 2025, March 17, 2025, and February 21, 2025, respectively. With an average price target of $83.33 between Compass Point, Piper Sandler, and Roth MKM, there's an implied 27.97% upside for Innovative Industrial Properties Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/18/2025 | Buy Now | -7.86% | Compass Point | Merrill Ross54% | $78 → $60 | Maintains | Neutral | Get Alert |
03/17/2025 | Buy Now | -7.86% | Piper Sandler | Alexander Goldfarb56% | $70 → $60 | Maintains | Underweight | Get Alert |
03/17/2025 | Buy Now | — | Citizens Capital Markets | Aaron Hecht59% | — | Reiterates | Market Perform → Market Perform | Get Alert |
02/21/2025 | Buy Now | 99.63% | Roth MKM | Scott Fortune34% | $140 → $130 | Maintains | Buy | Get Alert |
12/23/2024 | Buy Now | — | BTIG | Thomas Catherwood46% | — | Downgrade | Buy → Neutral | Get Alert |
12/20/2024 | Buy Now | 19.78% | Compass Point | Merrill Ross54% | $125 → $78 | Downgrade | Buy → Neutral | Get Alert |
12/17/2024 | Buy Now | 99.63% | Alliance Global Partners | Aaron Grey22% | → $130 | Initiates | → Buy | Get Alert |
12/16/2024 | Buy Now | — | JMP Securities | Patrick Walravens63% | — | Reiterates | Market Perform → Market Perform | Get Alert |
11/08/2024 | Buy Now | 81.2% | Piper Sandler | Alexander Goldfarb56% | $120 → $118 | Maintains | Neutral | Get Alert |
11/08/2024 | Buy Now | 91.95% | Compass Point | Merrill Ross54% | → $125 | Upgrade | Neutral → Buy | Get Alert |
08/09/2024 | Buy Now | 84.28% | Piper Sandler | Alexander Goldfarb56% | $110 → $120 | Maintains | Neutral | Get Alert |
07/22/2024 | Buy Now | 114.99% | Roth MKM | Scott Fortune34% | $115 → $140 | Maintains | Buy | Get Alert |
03/07/2024 | Buy Now | 53.56% | Craig-Hallum | Eric Des Lauriers32% | $80 → $100 | Maintains | Hold | Get Alert |
02/29/2024 | Buy Now | 58.17% | Piper Sandler | Alexander Goldfarb56% | $85 → $103 | Maintains | Neutral | Get Alert |
11/06/2023 | Buy Now | 30.53% | Piper Sandler | Alexander Goldfarb56% | $80 → $85 | Maintains | Neutral | Get Alert |
09/05/2023 | Buy Now | 45.88% | Compass Point | Merrill Ross54% | → $95 | Downgrade | Buy → Neutral | Get Alert |
06/30/2023 | Buy Now | 22.85% | Piper Sandler | Alexander Goldfarb56% | → $80 | Downgrade | Overweight → Neutral | Get Alert |
05/31/2023 | Buy Now | 22.85% | Piper Sandler | Alexander Goldfarb56% | $97 → $80 | Maintains | Overweight | Get Alert |
05/17/2023 | Buy Now | 53.56% | Compass Point | Merrill Ross54% | $125 → $100 | Maintains | Buy | Get Alert |
05/10/2023 | Buy Now | 22.85% | Craig-Hallum | Eric Des Lauriers32% | $125 → $80 | Downgrade | Buy → Hold | Get Alert |
04/05/2023 | Buy Now | 48.96% | Piper Sandler | Alexander Goldfarb56% | $120 → $97 | Maintains | Overweight | Get Alert |
03/01/2023 | Buy Now | 84.28% | Piper Sandler | Alexander Goldfarb56% | $140 → $120 | Maintains | Overweight | Get Alert |
01/24/2023 | Buy Now | 174.88% | BTIG | Thomas Catherwood46% | $196 → $179 | Maintains | Buy | Get Alert |
01/20/2023 | Buy Now | 91.95% | Compass Point | Merrill Ross54% | $145 → $125 | Maintains | Buy | Get Alert |
01/20/2023 | Buy Now | — | JMP Securities | Aaron Hecht59% | — | Downgrade | Market Outperform → Market Perform | Get Alert |
01/03/2023 | Buy Now | 122.67% | Compass Point | Merrill Ross54% | $175 → $145 | Maintains | Buy | Get Alert |
10/07/2022 | Buy Now | 79.67% | Piper Sandler | Alexander Goldfarb56% | $135 → $117 | Maintains | Overweight | Get Alert |
09/19/2022 | Buy Now | 168.73% | Compass Point | Merrill Ross54% | $100 → $175 | Upgrade | Neutral → Buy | Get Alert |
08/08/2022 | Buy Now | 107.31% | Piper Sandler | Alexander Goldfarb56% | $160 → $135 | Maintains | Overweight | Get Alert |
08/08/2022 | Buy Now | 53.56% | Compass Point | Merrill Ross54% | → $100 | Downgrade | Buy → Neutral | Get Alert |
07/19/2022 | Buy Now | 130.34% | JMP Securities | Aaron Hecht59% | $190 → $150 | Maintains | Market Outperform | Get Alert |
07/19/2022 | Buy Now | — | Wolfe Research | Andrew Rosivach46% | — | Downgrade | Outperform → Peer Perform | Get Alert |
06/02/2022 | Buy Now | 191.77% | JMP Securities | Aaron Hecht59% | $300 → $190 | Maintains | Market Outperform | Get Alert |
05/09/2022 | Buy Now | — | Craig-Hallum | Eric Des Lauriers32% | — | Upgrade | Hold → Buy | Get Alert |
The latest price target for Innovative Ind Props (NYSE:IIPR) was reported by Compass Point on March 18, 2025. The analyst firm set a price target for $60.00 expecting IIPR to fall to within 12 months (a possible -7.86% downside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Innovative Ind Props (NYSE:IIPR) was provided by Compass Point, and Innovative Ind Props maintained their neutral rating.
The last upgrade for Innovative Industrial Properties Inc happened on November 8, 2024 when Compass Point raised their price target to $125. Compass Point previously had a neutral for Innovative Industrial Properties Inc.
The last downgrade for Innovative Industrial Properties Inc happened on December 23, 2024 when BTIG changed their price target from N/A to N/A for Innovative Industrial Properties Inc.
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 18, 2025 so you should expect the next rating to be made available sometime around March 18, 2026.
While ratings are subjective and will change, the latest Innovative Ind Props (IIPR) rating was a maintained with a price target of $78.00 to $60.00. The current price Innovative Ind Props (IIPR) is trading at is $65.12, which is out of the analyst’s predicted range.
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