Innovative Industrial Properties Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
4analysts covering
FY EPS (est.)
$4.15next fiscal year
Monitoring Framework
Key Performance Indicators
Total Invested Capital Quarterly2.5B
Rentable Square Feet Owned Quarterly8.9M
Total Liquidity Quarterly176.6M
Annualized Dividend per Common Share Quarterly7.6
Watch Items
- Federal Cannabis Rescheduling ProgressTrigger: Official transition of cannabis from Schedule I to Schedule III under the Controlled Substances ActAction: Assess the positive impact on tenant cash flows and credit profiles due to the elimination of IRC Section 280E tax burdens.
- Tenant Default and Re-leasing ProgressTrigger: Execution of new leases or tenant transitions for properties previously leased to defaulting operators (e.g., PharmaCann, 4Front, Gold Flora)Action: Monitor rent collection rates, same-store NOI, and the timing of re-tenanting agreements expected to take effect through late 2026.
- Capital Allocation and Life Science DiversificationTrigger: Funding of the remaining $95 million commitment to IQHQ, Inc. preferred equityAction: Evaluate the progress of diversification away from pure-play cannabis exposure into life science real estate through mid-2027.
Research as of 20 Jun 2026