Innovative Industrial Properties, Inc. (IIPR:NYSE) closed at $54.21 on October 23, 2026, down 0.64% on the day. The stock trades 17.1% below its 52-week high of $65.38 and 21.6% above its 52-week low of $44.58. Over the past year, it gained 2.6%. Innovative Industrial Properties, Inc. is part of the Finance sector (Real Estate).
In 252 trading sessions since October 23, 2025, IIPR closed higher on 117 days (46%). Its best day was May 5, 2026 (+14.03%) and its worst was December 19, 2025 (-5.71%). The stock moved 10% or more in a single session 2 times.
Innovative Industrial Properties, Inc. focuses on the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It intends to acquire medical-use cannabis facilities properties through sale-leaseback transactions and third-party purchases. Innovative Industrial Properties, Inc. was founded in 2016 and is based in San Diego, California.
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