Innovative Industrial Properties, Inc.

NYSE:IIPR

Sector

🏠 Real Estate

Industries

🩺 Health Care REITs

🏠 Residential REITs

Location

United States

Market Cap

USD 1.62 B

Share Price

USD 57.89

Avg Daily Volume

355,463

Change (1 day)

1.79%

Change (1 year)

-46.63%

Change (YTD)

-13.13%

Innovative Industrial Properties, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2025: 10.37

Innovative Industrial Properties, Inc. Interest Coverage Ratio is 10.37 for the Trailing 12 Months (TTM) ending March 31, 2025, a 5.10% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Innovative Industrial Properties, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2024 was 9.86, a 5.06% change year over year.
Innovative Industrial Properties, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 9.39, a 33.46% change year over year.
Innovative Industrial Properties, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 7.03, a -40.37% change year over year.
Innovative Industrial Properties, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 11.80, a 141.40% change year over year.

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Key data

Date	Interest Coverage Ratio	Return on Capital Employed (ROCE)	Return on Equity (ROE)	Return on Assets (ROA)

NYSE: IIPR

Innovative Industrial Properties, Inc.

CEO	Mr. Paul E. Smithers
IPO Date	Dec. 1, 2016
Location	United States
Headquarters	1389 Center Drive
Employees	21
Sector	🏠 Real Estate
Industries Health Care REITs 🏠 Residential REITs

Description

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.