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47 / 100
AltIndex AI Score
Hold
AI Score · 12-mo trend
−1 pts over 3 months
FundamentalsBullish
TechnicalsNeutral
Alternative dataBearish
SentimentNeutral
Price$51.83
Year Range$41.07 – $62.42
Market Cap$1.43B
PE Ratio11.75
IndustryREIT

What Is Innovative Industrial Properties’s AI Stock Analysis?

Innovative Industrial Properties’s AI stock analysis on AltIndex combines the company’s fundamentals, price technicals and 25+ alternative data signals — like hiring, web traffic, app downloads and online sentiment — into a single AI Score from 0 to 100 and a plain-English Buy, Hold or Sell read. Unlike a traditional analyst rating that updates a few times a year, the AI Score refreshes as new data arrives, so it tracks Innovative Industrial Properties’s momentum in near-real time.

Innovative Industrial Properties (IIPR) has an AltIndex AI Score of 47/100, currently a Hold signal. The AI Score distills Innovative Industrial Properties's fundamentals, price technicals and 25+ alternative data signals into a single 0–100 rating, so a rising score reflects strengthening data across the board and a falling score the opposite.

Innovative Industrial Properties’s Full AI Analysis

Innovative Industrial Properties (IIPR) is a real estate investment trust (REIT) that specializes in the acquisition, ownership, and management of specialized properties used for the cultivation and production of medical cannabis. The company has carved a niche in the cannabis sector by providing capital to licensed medical-use cannabis growers while benefiting from the long-term, net-lease agreements with these operators. This focus on a rapidly growing industry positions IIPR as a unique player in the REIT market.

Fundamental Analysis

The latest financials for Innovative Industrial Properties indicate mixed performance. Revenue for the last quarter was $63 million. While this represents a decrease of 8.23% compared to the previous quarter, indicating some caution, it also shows a 0.67% increase year-over-year, suggesting modest growth over a longer period.

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What’s Driving IIPR’s AI Score?

Fundamentals

Revenue for the last quarter was $63M. This represents a decrease of 8.23% compared to the quarter before it, indicating a need for concern. Compared to the same quarter last year, there is an increase of 0.67%, suggesting positive year-over-year growth. Net income for the last quarter was $44M. This is an increase of 33.66% compared to the quarter before it, which is a positive sign of growth. Compared to the same quarter last year, there is an increase of 68.51%, suggesting positive year-over-year growth. Ebitda for the last quarter was $71M. This is an increase of 22.78% compared to the quarter before it, which is a positive sign of growth. Compared to the same quarter last year, there is an increase of 44.99%, suggesting positive year-over-year growth. The current P/E ratio is 11.75. This may be considered low, potentially indicating undervaluation and a bullish outlook.

See Innovative Industrial Properties’s earnings and insider transactions.

Technicals

Today's stock price is $51.83. This represents a decrease of 4.53% compared to a month ago, which may be concerning in the short-term. Compared to a year ago, there is an increase of 16.68%, suggesting a positive long-term trend. The trend is bearish. The current SMA10 is $51.10, which is lower than the previous SMA10 of $51.18. This suggests a potential downward trend in price movement. The RSI is 58.4, indicating a neutral condition.

See the full technical analysis and price prediction.

Alternative data

Innovative Industrial Properties has an estimate of 3,000 visitors to their webpage. The number of visitors is down by -40% in the last couple of months, a worrisome trend as this can indicate a loss in customers.

Explore Innovative Industrial Properties’s job postings, web traffic and app downloads.

Frequently Asked Questions: Innovative Industrial Properties AI Stock Analysis

Innovative Industrial Properties's AltIndex AI Score is 47/100, currently a Hold signal. The AI Score blends fundamentals, technicals and 25+ alternative data signals into a single rating from 0 to 100.

AltIndex's AI Score model rates Innovative Industrial Properties a Hold (47/100). This is a data-driven signal, not investment advice — review the breakdown above and combine it with your own research.

The AI Score is generated from fundamental data (earnings, valuation), technical indicators (price trend and momentum), and alternative data signals such as hiring, web traffic, app downloads and sentiment. AltIndex weighs these into a single 0-100 score; the exact weighting is proprietary.

AltIndex generates a complete written AI analysis of Innovative Industrial Properties — company overview, fundamentals, technicals and alternative data, with a recommendation. See the IIPR AI Score or sign up to read the full thesis.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.