22,008 Shares in Innovative Industrial Properties, Inc. $IIPR Purchased by Corient Private Wealth LP

Posted by Francis Steltz on Sep 5th, 2026

Corient Private Wealth LP bought a new position in Innovative Industrial Properties, Inc. (NYSE:IIPR – Free Report) in the second quarter, HoldingsChannel reports. The firm bought 22,008 shares of the company’s stock, valued at approximately $1,364,000.

Other large investors have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in Innovative Industrial Properties during the 4th quarter valued at $25,000. Advisory Services Network LLC purchased a new position in Innovative Industrial Properties during the third quarter worth $34,000. Los Angeles Capital Management LLC bought a new position in Innovative Industrial Properties during the fourth quarter valued at $35,000. Headlands Technologies LLC increased its position in Innovative Industrial Properties by 109.4% during the second quarter. Headlands Technologies LLC now owns 758 shares of the company’s stock valued at $42,000 after acquiring an additional 396 shares during the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of Innovative Industrial Properties in the third quarter valued at $44,000. Institutional investors own 70.58% of the company’s stock.

Insiders Place Their Bets

In related news, Director Bruce Alan Ives purchased 528 shares of the business’s stock in a transaction on Monday, August 31st. The shares were acquired at an average price of $56.70 per share, for a total transaction of $29,937.60. Following the purchase, the director owned 3,180 shares of the company’s stock, valued at $180,306. This trade represents a 19.91% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.30% of the company’s stock.

Innovative Industrial Properties Trading Up 0.2%

NYSE:IIPR opened at $56.93 on Friday. The firm has a 50-day simple moving average of $59.88 and a 200-day simple moving average of $56.40. The company has a debt-to-equity ratio of 0.35, a quick ratio of 24.51 and a current ratio of 24.51. The firm has a market cap of $1.57 billion, a P/E ratio of 12.91 and a beta of 1.35. Innovative Industrial Properties, Inc. has a one year low of $44.58 and a one year high of $65.38.

Innovative Industrial Properties (NYSE:IIPR – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.34. Innovative Industrial Properties had a return on equity of 7.73% and a net margin of 52.27%.The business had revenue of $63.31 million for the quarter, compared to the consensus estimate of $67.09 million. Equities analysts anticipate that Innovative Industrial Properties, Inc. will post 7.05 EPS for the current fiscal year.

Innovative Industrial Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $1.90 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $7.60 dividend on an annualized basis and a yield of 13.3%. Innovative Industrial Properties’s dividend payout ratio (DPR) is 172.34%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on IIPR shares. Weiss Ratings upgraded shares of Innovative Industrial Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Piper Sandler raised their price objective on shares of Innovative Industrial Properties from $45.00 to $51.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $48.00.

View Our Latest Analysis on IIPR

Innovative Industrial Properties Profile

(Free Report)

Innovative Industrial Properties, Inc is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators in the regulated U.S. cannabis industry. The company’s portfolio includes greenhouse facilities, indoor cultivation sites, processing and distribution centers, and other purpose-built properties designed to meet stringent regulatory and operational requirements. By structuring long-term net leases, Innovative Industrial Properties provides its tenants with capital to expand and modernize their operations while maintaining stable, predictable rental income streams.

Founded in 2016 and headquartered in San Diego, California, Innovative Industrial Properties was the first publicly traded REIT in the medical-cannabis sector.