Innovative Industrial Properties, Inc.IIPRNYSE

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seekingalpha.com

Innovative Industrial: Why I Am Downgrading It

Innovative Industrial Properties is downgraded from Strong Buy to Hold due to sector and REIT-specific concerns, including the sell-off of the preferred stock. IIPR remains attractively valued, trading below tangible book (0.74x) and at 7x projected AFFO, but tenant financial health and maturing debt are risks. The 15.2% dividend yield is unsustainably high, with the payout exceeding AFFO; a cut may be likely and ultimately beneficial.

seekingalpha.com

Innovative Industrial Properties: Amid Diversification, Evaluating The 9.7% Preferred Stock Yield Again

Innovative Industrial Properties is diversifying into life sciences, investing $105M in IQHQ to reduce cannabis sector risk and stabilize revenues. IIPR's projected Q4 balance sheet reflects increased assets ($2.5B), higher debt, and a maintained asset yield near 9%, with market-adjusted asset yield at ~13.7%. Credit metrics are expected to weaken modestly post-investment, with Moody's-style adjusted credit score declining from Baa1 to Baa3 due to higher leverage and tenant risk.

seekingalpha.com

Innovative Industrial: Buying The 9.7% Yielding Preferreds

Innovative Industrial Properties (IIPR) has not cut its dividend despite significant tenant defaults and a 15% YoY revenue decline. IIPR's 2026 bonds have performed well. Tenant receiverships are ongoing, but strong property interest and potential cannabis rescheduling could materially improve tenant credit quality and rent coverage.

seekingalpha.com

If I Could Only Buy 3 REITs For The Next Year

Now is the time to make our picks for the next year. Some REITs enjoy strong near-term catalysts for upside. I highlight 3 such REITs that could surge in 2026.

seekingalpha.com

Wall Street Roundup: Is Everything Priced In But Normalcy?

AI-driven demand is fueling outsized gains in memory, storage, and power infrastructure stocks, with SNDK up 71% in a month and MU up 230% in 2025. Geopolitical events, notably US action in Venezuela, boosted oil and defense stocks, but pressured Canadian oil sands due to heavy crude competition.

marijuanastocks.com

3 Marijuana Stocks That Can Make You Money In 2026

What are the thoughts and strategies for marijuana stock investors in 2026? This year will be another turning point for the cannabis industry as a whole. Particularly in the United States, 2026 is gearing up to be another ride. With the recent rescheduling of cannabis, there is a lot of work that will need to be followed up on. What this looks like is more companies working together through strategic partnerships, leading towards a more corporate structure.

seekingalpha.com

Innovative Industrial Properties: Leverage (For A REIT) Is Everything

Innovative Industrial Properties (IIPR) is Julian Lin's conviction buy due to its deeply discounted valuation and robust balance sheet, despite sector headwinds. IIPR trades at a 15% dividend yield and 8x FFO, with low 1.3x debt/EBITDA, offering superior risk-adjusted returns versus cannabis operators.

seekingalpha.com

Innovative Industrial: Cannabis Rescheduling Changes Everything - 16% Yield Is A Conviction Buy

Innovative Industrial Properties is upgraded to a conviction buy as imminent cannabis rescheduling could dramatically improve tenant fundamentals and stock valuation. IIPR's 16% dividend yield appears mispriced given its low leverage (

gurufocus.com

Market Today: Buffett era ends; Tesla warns; stocks cap strong 2025

Stock News Buffett hands CEO role to Abel: Berkshire Hathaway (BRK.B) founder Warren Buffett (Trades, Portfolio) stepped down as CEO after six decades, remainin

marijuanastocks.com

Income-Focused Ancillary Cannabis Stocks to Watch Heading Into 2026

The U.S. cannabis industry continues to evolve as legalization momentum slowly expands. Sales have grown across both medical and adult-use markets. Analysts expect long-term demand to keep rising as more states approve regulated programs. However, plant-touching companies still face regulatory hurdles, difficult banking conditions, and market challenges. Because of this, many investors have started to focus on ancillary stocks instead. These companies do not touch the plant. Yet, they still benefit from industry growth.

marijuanastocks.com

3 Cannabis REITs Investors Are Watching Closely in December 2025

Cannabis real estate investment trusts remain a unique way to gain sector exposure. Instead of selling cannabis, these companies collect rent or interest. As a result, they reduce direct operational risk. Still, tenant health and capital markets remain critical factors. As December 2025 approaches, several names stand out for investors. In particular, Innovative Industrial Properties, NewLake Capital Partners, and Chicago Atlantic Real Estate Finance deserve attention. Each offers a different risk and income profile. Therefore, understanding their structures matters before committing capital.

seekingalpha.com

Innovative Industrial Properties: Without AFFO Growth, It May Just Become A Value Trap (Rating Downgrade)

Innovative Industrial Properties faces deteriorating financials and an unsustainable dividend, prompting a downgrade from Buy to Hold. IIPR's current dividend payout exceeds free cash flow, making a significant dividend cut likely and already partially priced into shares. Valuation appears attractive, with fair value estimates suggesting substantial upside, but weak FFO/AFFO growth raises value trap concerns.

seekingalpha.com

Cannabis REIT Innovative Industrial Is A Great Option For Investing In The Sector

Innovative Industrial Properties remains a Strong Buy due to its deeply discounted valuation and resilient balance sheet, despite sector headwinds. IIPR trades at just 0.74x tangible book and 7.4x AFFO, with a robust 14.3% dividend yield, though the payout exceeds current cash flow. Analyst projections show moderate revenue and FFO growth through 2026–2027, but dividend sustainability and tenant risk remain key concerns.

247wallst.com

Stock Market Live December 15: S&P 500 (SPY) Could Test 7,600 in 2026

Live Updates JPMorgan Just Listed its Top Internet Stocks for 2026 3 hours ago Live JPMorgan is betting that tech will have another big year ahead, noting that the AI theme will continue to be a key catalyst. On the list is Alphabet, which the firm says could rally to $385, thanks in part to... Stock Market Live December 15: S&P 500 (SPY) Could Test 7,600 in 2026.

businesswire.com

Innovative Industrial Properties Declares Fourth Quarter 2025 Dividends

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a fourth quarter 2025 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.1 billion in common stock dividends to its shareholders. Additionally, IIP announced today that its board of directors has declared a regular quarterly di.

247wallst.com

Stock Market Live December 12, 2025: S&P 500 (SPY) Slumping with Tech Stocks Tumble

Live Updates Goldman Sachs Sets a 7,600 Target on S&P 500 for 2026 59 minutes ago As we wrap up 2025, analysts at Goldman Sachs say 2026 could be stronger. In fact, the firm just set a target of 7,600 for the S&P 500, believing that artificial intelligence will be a key catalyst. "The process... Stock Market Live December 12, 2025: S&P 500 (SPY) Slumping with Tech Stocks Tumble.

seekingalpha.com

Innovative Industrial Properties: Why I'm Buying One Of The Most Mispriced REITs In Today's Market

Innovative Industrial Properties (IIPR) offers a compelling REIT opportunity, trading at a steep discount to intrinsic value with robust financial strength. IIPR's Q3 saw an AFFO decline due to tenant pressure, but new life sciences investments offer high accretion and diversification. Dividend coverage is challenged in the near-term, but long-term sustainability is likely as tenant issues resolve and IQHQ investments ramp up.

seekingalpha.com

Innovative Industrial Properties: Falling Knife Buy Thesis - Compelling Dividend/Upside Story

IIPR's headwinds remain elevated, attributed to its growing tenant default issues despite the sequential improvements in its FQ3'25 rental revenues. The management's choice to sustain its dividends despite the impacted FFO per share performance has also triggered the inflated FFO payout ratio of 118.7%, against the sector median of 66.68%. These reasons may also be why IIPR has reported a deteriorating balance sheet health, with it uncertain when/if the management may change their dividend policy.

marijuanastocks.com

Cannabis REITs to Watch This December

Ancillary cannabis companies remain a fascinating part of the industry because they help it operate without touching the plant. These companies supply real estate, financing, or essential services. Because of that, they often face fewer regulatory challenges than actual producers. The U.S. cannabis market keeps expanding. New recreational states continue opening doors. But the pace has definitely slowed in 2025. Even so, most analysts still expect continued long-term growth. That outlook keeps investors looking for stable ways to participate.

zacks.com

Innovative Industrial Properties (IIPR) Upgraded to Buy: Here's Why

Innovative Industrial Properties (IIPR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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