Innovative Industrial Properties Inc
IIPRAs of the close on Sep 25, 2026
Price
$55.52
Market cap
$1.53B
P/E (diluted TTM)
12.6
EPS (TTM)
$4.42
Four quarters to Jun 30, 2026
Dividend yield
—
Dividend records do not yet cover the latest payments
Figures shown here come from public SEC filings. Dates beside each section show the available history.
How Innovative Industrial Properties Inc Makes Money
Follow each dollar of revenue through to what shareholders keep.
From revenue to net income
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Financial Summary
Choose a year or quarter, compare it with the same period a year earlier, and open any row for its full filing history.
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SEC filings supply these figures; updates after the dates shown are not included. This page includes 9 annual periods. The latest annual period ends Dec 31, 2025. The latest insider filing shown is dated Jun 23, 2026. The latest institutional report shown is dated Mar 31, 2026; other ownership filings may exist.
Ownership
Who holds the shares, as reported in SEC ownership filings.
Reported 13F positions
Each row shows what a filer reported for one date, not a current position. The link opens that filing.
| Filer | Report date | Shares | Value | Filing |
|---|---|---|---|---|
| BlackRock, Inc. | 2026-03-31 | 4,781,589 | $240M | SEC filing |
| GUGGENHEIM CAPITAL LLC | 2026-03-31 | 11,814 | $593K | SEC filing |
| QUADRANT CAPITAL GROUP LLC | 2026-03-31 | 39 | $1.96K | SEC filing |
| Engineers Gate Manager LP | 2026-03-31 | 48,900 | $2.45M | SEC filing |
| UMB Bank, n.a. | 2026-03-31 | 147 | $7.37K | SEC filing |
| Illinois Municipal Retirement Fund | 2026-03-31 | 14,173 | $711K | SEC filing |
| NEW YORK STATE COMMON RETIREMENT FUND | 2026-03-31 | 9,736 | $488K | SEC filing |
| Russell Investments Group, Ltd. | 2026-03-31 | 10,725 | $538K | SEC filing |
| FCG Investment Co | 2026-03-31 | 4,740 | $238K | SEC filing |
| PNC FINANCIAL SERVICES GROUP, INC. | 2026-03-31 | 3,173 | $159K | SEC filing |
| KBC Group NV | 2026-03-31 | 1,301 | Not shown | SEC filing |
| Summit Financial, LLC | 2026-03-31 | 25,769 | $1.34M | SEC filing |
| Prism Advisors, Inc. | 2026-03-31 | 3,999 | $201K | SEC filing |
| NOMURA ASSET MANAGEMENT CO LTD | 2026-03-31 | 44,960 | $2.26M | SEC filing |
| CAPITAL FUND MANAGEMENT S.A. | 2026-03-31 | 25,134 | $1.26M | SEC filing |
| First Command Advisory Services, Inc. | 2026-03-31 | 11 | $552 | SEC filing |
| Sound Income Strategies, LLC | 2026-03-31 | 286 | $14.1K | SEC filing |
| OPPENHEIMER & CO INC | 2026-03-31 | 5,913 | $297K | SEC filing |
| Heritage Wealth Advisors | 2026-03-31 | 42 | $2.1K | SEC filing |
| Ethos Financial Group, LLC | 2026-03-31 | 9,756 | $462K | SEC filing |
- Each value is checked against Innovative Industrial Properties Inc's share prices from within about three months of its report date (insiders' Form 4 trades and the latest close).
- Value not shown for 1 row: the filed value is about 1,000 times too small for the share count at Innovative Industrial Properties Inc's share price.
120 filers have only one report here.
Unusually large insider trades
Each trade is compared with the other insider trades of the same kind in the same security among Innovative Industrial Properties Inc's recent filings on file. Size alone is context, not a prediction or evidence of improper trading.
- 2025-11-24 · Gold Alan D: Larger than 22 of the 23 other insider purchases of Common Stock on file. SEC filing
- 2021-03-05 · Gold Alan D: Larger than all 31 other insider sales of Series A Preferred Stock on file. SEC filing
- 2020-09-02 · Gold Alan D: Larger than 22 of the 24 other insider sales of Common Stock on file. SEC filing
- 2020-09-01 · Gold Alan D: Larger than 29 of the 31 other insider sales of Series A Preferred Stock on file. SEC filing
- 2019-12-10 · Gold Alan D: Larger than 21 of the 23 other insider purchases of Common Stock on file. SEC filing
- 2019-12-10 · Gold Alan D: Larger than 30 of the 31 other insider sales of Series A Preferred Stock on file. SEC filing
- 2018-10-04 · Gold Alan D: Larger than all 23 other insider purchases of Common Stock on file. SEC filing
- 2018-09-20 · HG Vora Capital Management, LLC: Larger than all 24 other insider sales of Common Stock on file. SEC filing
- 2018-09-19 · HG Vora Capital Management, LLC: Larger than 23 of the 24 other insider sales of Common Stock on file. SEC filing
Independent insiders buying near the same time
- 2025-11-19–2025-11-24: 4 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing )
- 2020-03-13–2020-03-17: 2 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing )
- 2017-10-12–2017-10-12: 2 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing )
Purchases & sales (open market or private)
| Security | Code | Price | Filing | |||
|---|---|---|---|---|---|---|
| 2025-11-24 | Gold Alan D · EXECUTIVE CHAIRMAN | Common Stock | P — Open market or private purchase | +2,600 | 49.09 | SEC filing |
| 2025-11-20 | Smith David Jon · CFO AND TREASURER | Common Stock | P — Open market or private purchase | +600 | 45.90 | SEC filing |
| 2025-11-20 | Gold Alan D · EXECUTIVE CHAIRMAN | Common Stock | P — Open market or private purchase | +1,000 | 45.70 | SEC filing |
| 2025-11-19 | Gold Alan D · EXECUTIVE CHAIRMAN | Common Stock | P — Open market or private purchase | +1,000 | 46.26 | SEC filing |
| 2025-03-03 | Stecher David · Director | Common Stock | S — Open market or private sale | −7,599 | 70.55 | SEC filing |
| 2023-11-15 | Stecher David · Director | Common Stock | S — Open market or private sale | −2,500 | 80.76 | SEC filing |
| 2022-08-12 | Gold Alan D · EXECUTIVE CHAIRMAN | Common Stock | P — Open market or private purchase | +1,000 | 97.79 | SEC filing |
| 2022-08-10 | Gold Alan D · EXECUTIVE CHAIRMAN | Common Stock | P — Open market or private purchase | +1,000 | 94.22 | SEC filing |
Showing 8 of 20 rows
Grants, exercises, tax & gifts
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2026-06-19 | Smithers Paul E. · PRESIDENT, CEO AND DIRECTOR | Common Stock | A — Grant, award, or other acquisition | +22,299 | SEC filing |
| 2026-06-19 | Smith David Jon · CFO AND TREASURER | Common Stock | A — Grant, award, or other acquisition | +9,219 | SEC filing |
| 2026-06-19 | Gold Alan D · EXECUTIVE CHAIRMAN | Restricted Stock Units 2026 | A — Grant, award, or other acquisition | +33,960 | SEC filing |
| 2026-06-09 | Boyle David Gerard · Director | Restricted Stock Units 2026 | A — Grant, award, or other acquisition | +2,652 | SEC filing |
| 2026-06-09 | Ives Bruce Alan · Director | Common Stock | A — Grant, award, or other acquisition | +2,652 | SEC filing |
| 2026-06-09 | Shoemaker Scott · Director | Restricted Stock Units 2026 | A — Grant, award, or other acquisition | +2,652 | SEC filing |
| 2026-01-20 | Smith David Jon · CFO AND TREASURER | Common Stock | A — Grant, award, or other acquisition | +20,061 | SEC filing |
| 2026-01-20 | Smithers Paul E. · PRESIDENT, CEO AND DIRECTOR | Common Stock | A — Grant, award, or other acquisition | +47,643 | SEC filing |
Showing 8 of 33 rows
Other activity
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2023-04-12 | Curran Mary A · Director | Common Stock | L — Small acquisition | +22 | SEC filing |
| 2023-01-12 | Curran Mary A · Director | Common Stock | L — Small acquisition | +16 | SEC filing |
| 2021-10-13 | Curran Mary A · Director | Common Stock | L — Small acquisition | +15 | SEC filing |
| 2021-07-13 | Curran Mary A · Director | Common Stock | L — Small acquisition | +16 | SEC filing |
| 2021-04-13 | Curran Mary A · Director | Common Stock | L — Small acquisition | +16 | SEC filing |
| 2021-01-13 | Curran Mary A · Director | Common Stock | L — Small acquisition | +8 | SEC filing |
| 2020-10-13 | Curran Mary A · Director | Common Stock | L — Small acquisition | +11 | SEC filing |
| 2020-07-13 | Curran Mary A · Director | Common Stock | L — Small acquisition | +9 | SEC filing |
Showing 8 of 9 rows
These tables describe filed transactions, not current holdings. Prices are shown as filed; a currency is added only when the filing's data names one. Amended and possible duplicate rows are left out of size comparisons and transaction groups.