Stifel set USD 56.25 target for Innovative Industrial Properties stock

Published on 10/20/2026 at 20:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 63.31 million in the second quarter of 2026. IIPR stock costs EUR 46.89 on October 20, 2026, up 1.23 percent versus the Frankfurt close.

Analyst target and earnings date

Stifel set a USD 56.25 target and Buy rating on October 14, 2026.
IIPR reported USD 63.31 million revenue and USD 1.36 earnings per share for the second quarter of 2026.
IIPR stock costs EUR 46.89 at Lang & Schwarz on October 20, 2026 at 8:37 p.m. CEST, 1.23 percent above the Frankfurt close of October 19, 2026, and 19.49 percent below the USD 65.38 52-week high.
IIPR is scheduled to report third-quarter 2026 results on November 2, 2026.

IIPR, US45781V1017, Illustration mit AI erstellt.

Innovative Industrial Properties (US45781V1017) received a USD 56.25 price target and Buy rating from Stifel on October 14, 2026, when the firm initiated coverage, according to Investing.com. IIPR was trading at EUR 46.89 at Lang & Schwarz on October 20, 2026 at 8:37 p.m. CEST, up 1.23 percent versus the Frankfurt close of October 19, 2026 at EUR 46.32.

Stifel points to operating value

Stifel's target was based on a 2028 adjusted funds from operations estimate of USD 8.04 per share and an implied capitalization rate of 11.25 percent, Investing.com reported on October 14, 2026. Against the USD 52.64 NYSE price at 2:40 p.m. ET on October 20, 2026, the target was 6.86 percent above the price. The comparison is separate from the euro quotation.

Price sits below the yearly high

On the NYSE, IIPR traded at USD 52.64 on October 20, 2026 at 2:40 p.m. ET. The same dated market view put the 52-week range at USD 44.58 to USD 65.38, leaving the stock 18.08 percent above its low and 19.49 percent below its high. Market capitalization was USD 1.5 billion, and volume was 119,331 shares at that timestamp.

Revenue and reporting date

For the second quarter ended June 30, 2026, IIPR reported revenue of USD 63.31 million and earnings per share of USD 1.36, compared with a USD 1.02 consensus estimate, according to MarketBeat on October 12, 2026. The company had 108 properties in 19 states as of June 30, 2026, comprising 8.4 million rentable square feet, according to Innovative Industrial Properties.

Business Wire reported on October 14, 2026 that third-quarter results are scheduled for November 2, 2026 after the NYSE close. Management plans to discuss the results during a conference call on November 3, 2026 at 9:00 a.m. Pacific Time.

Comparison with peers

Innovative Industrial Properties: up 1.23 percent, price-to-earnings ratio 11.91, market capitalization USD 1.5 billion on October 20, 2026.

Realty Income: up 1.47 percent, price-to-earnings ratio 41.11, market capitalization USD 53.3 billion (NYSE, October 20, 2026).

W. P. Carey: unchanged, price-to-earnings ratio 21.77, market capitalization USD 14.5 billion (NYSE, October 20, 2026).

What the next report will test

The November report will put the latest rental performance beside the second-quarter revenue comparison and the company's tenant and life-science investment activity. The next scheduled event is the November 3, 2026 conference call.

IIPR was trading at EUR 46.89 at Lang & Schwarz on October 20, 2026 at 8:37 p.m. CEST, 1.23 percent above the Frankfurt close of October 19, 2026 at EUR 46.32.

The further course of trading is shown by the continuously updated real-time quote of IIPR stock.