Innovative Industrial Properties (IIPR) declined 1.5% to $52.40, underperforming the S&P 500's 1.09% loss on October 16, 2026. The stock has fallen 5.72% over the past month.
The company is expected to report earnings on November 2, 2026, with projected EPS of $1.83 (up 7.02% YoY) and revenue of $65.25 million (up 0.88% YoY). IIPR holds a Zacks Rank #3 (Hold) rating and trades at a Forward P/E of 7.19, below its industry average of 11.56.