What is Roth Capital’s Estimate for IIPR Q3 Earnings?

Innovative Industrial Properties, Inc. (NYSE:IIPR) – Analysts at Roth Capital dropped their Q3 2025 EPS estimates for shares of Innovative Industrial Properties in a research report issued on Monday, March 31st. Roth Capital analyst W. Kirk now forecasts that the company will earn $1.64 per share for the quarter, down from their prior estimate of $1.94. The consensus estimate for Innovative Industrial Properties’ current full-year earnings is $8.28 per share. Roth Capital also issued estimates for Innovative Industrial Properties’ Q4 2025 earnings at $1.64 EPS, FY2025 earnings at $6.96 EPS and FY2026 earnings at $6.56 EPS.

Innovative Industrial Properties (NYSE:IIPR) last released its quarterly earnings results on Wednesday, February 19th. The company reported $2.22 earnings per share for the quarter, hitting the consensus estimate of $2.22. The firm had revenue of $76.74 million for the quarter, compared to analysts’ expectations of $76.21 million. Innovative Industrial Properties had a net margin of 52.40% and a return on equity of 8.39%.

Several other research analysts have also commented on IIPR. Alliance Global Partners lowered Innovative Industrial Properties from a “strong-buy” rating to a “hold” rating in a report on Monday, December 23rd. Industrial Alliance Securities set a $60.00 target price on shares of Innovative Industrial Properties in a research report on Tuesday, March 18th. JMP Securities reissued a “market perform” rating on shares of Innovative Industrial Properties in a report on Monday, December 16th. Roth Mkm dropped their price objective on shares of Innovative Industrial Properties from $140.00 to $130.00 and set a “buy” rating for the company in a report on Friday, February 21st. Finally, BTIG Research lowered shares of Innovative Industrial Properties from a “buy” rating to a “neutral” rating in a research report on Monday, December 23rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $85.00.

Innovative Industrial Properties Price Performance

Shares of NYSE IIPR opened at $55.94 on Wednesday. The stock’s 50-day simple moving average is $69.70 and its two-hundred day simple moving average is $94.03. Innovative Industrial Properties has a twelve month low of $49.51 and a twelve month high of $138.35. The firm has a market capitalization of $1.58 billion, a P/E ratio of 10.12 and a beta of 1.49. The company has a quick ratio of 11.53, a current ratio of 14.32 and a debt-to-equity ratio of 0.16.

Innovative Industrial Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $1.90 dividend. This represents a $7.60 annualized dividend and a yield of 13.59%. The ex-dividend date is Monday, March 31st. Innovative Industrial Properties’s dividend payout ratio is presently 137.43%.

Insider Buying and Selling at Innovative Industrial Properties

In related news, Director David Stecher sold 7,599 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $70.55, for a total transaction of $536,109.45. Following the transaction, the director now directly owns 1,346 shares in the company, valued at $94,960.30. This trade represents a 84.95 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.50% of the company’s stock.

Institutional Trading of Innovative Industrial Properties

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bogart Wealth LLC bought a new position in shares of Innovative Industrial Properties in the fourth quarter worth approximately $27,000. Compass Financial Services Inc bought a new stake in Innovative Industrial Properties in the 4th quarter worth $32,000. GF Fund Management CO. LTD. purchased a new position in shares of Innovative Industrial Properties in the fourth quarter valued at about $34,000. Smartleaf Asset Management LLC raised its stake in shares of Innovative Industrial Properties by 182.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 646 shares of the company’s stock valued at $43,000 after acquiring an additional 417 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of Innovative Industrial Properties during the fourth quarter worth about $50,000. Institutional investors own 70.58% of the company’s stock.

Innovative Industrial Properties Company Profile

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 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.