- 12.08% TTM dividend yield
- Strong operating margin of 46.7%
- Consistently positive technical signals over the last month
Innovative Industrial Properties stock upgraded from Buy Candidate to Strong Buy Candidate after Friday trading session
(Updated on Jun 26, 2026)
The Innovative Industrial Properties stock price gained 2.89% on the last trading day (Friday, 26th Jun 2026), rising from $61.16 to $62.93. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.32% from a day low at $61.12 to a day high of $63.15. The price has risen in 6 of the last 10 days and is up by 1.88% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 163 thousand more shares were traded than the day before. In total, 388 thousand shares were bought and sold for approximately $24.40 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.57% during the next 3 months and, with a 90% probability hold a price between $71.32 and $80.72 at the end of this 3-month period.
IIPR Signals & Forecast
The Innovative Industrial Properties stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $60.49 and $58.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 15, 2026, and so far it has risen 16.54%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Innovative Industrial Properties stock
Innovative Industrial Properties finds support from accumulated volume at $60.32 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.03 (3.32%) between high and low. For the last week, the stock has had daily average volatility of 2.52%.
Our recommended stop-loss: $60.59 (-3.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 28 days ago.)
Trading Expectations (IIPR) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Innovative Industrial Properties Inc. to open at $62.40, and during the day (based on 14 day Average True Range), to move between $62.04 and $63.82, which gives a possible trading interval of +/-$1.78 (+/-2.86%) up or down from last closing price. If Innovative Industrial Properties Inc. takes out the full calculated possible swing range there will be an estimated 2.86% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $60.32, some $2.61 (4.15%) from the current price of $62.93, our system finds the risk reward attractive.
Dividend Warning For IIPR
Dividend warning for IIPR: Ex-dividend date is approaching in 1 day on Tuesday 30th June, 2026. The dividend to be paid is $1.90, which is a large dividend (3.02%). The stock is expected to open approximately 3.02% lower on the ex-dividend date.Is Innovative Industrial Properties Inc. stock A Buy?
Innovative Industrial Properties holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score:
8.227
Strong Buy Candidate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on June 29, 2026 - $62.40 ( 0.84%).
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IIPR Performance
Trading levels for IIPR
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 64.43 | 2.38% |
| R2 | 63.65 | 1.15% |
| R1 | 63.18 | 0.390% |
| Price | 62.93 | |
| S1 | 61.62 | -2.07% |
| S2 | 61.15 | -2.84% |
| S3 | 60.37 | -4.07% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 62.93 | |
| S1 | 60.32 | -4.15% |
| S2 | 58.16 | -7.58% |
| S3 | 55.85 | -11.25% |
IIPR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 15, 2026 | Jun 30, 2026 | Jul 15, 2026 | $1.90 | 3.19% |
| 2 | Mar 31, 2026 | Mar 31, 2026 | Apr 15, 2026 | $1.90 | 3.66% |
| 3 | Dec 15, 2025 | Dec 31, 2025 | Jan 15, 2026 | $1.90 | 3.25% |
| 4 | Sep 15, 2025 | Sep 30, 2025 | Oct 15, 2025 | $1.90 | 3.32% |
| 5 | Jun 13, 2025 | Jun 30, 2025 | Jul 15, 2025 | $1.90 | 3.34% |
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