Innovative Industrial Properties (IIPR) Laps the Stock Market: Here's Why
Innovative Industrial Properties (IIPR) outperformed the S&P 500 on September 11, 2026, gaining 1.17% versus the market's 0.86%. The company is projected to report quarterly EPS of $1.84 (up 7.6% YoY) and full-year earnings of $7.42 per share (up 2.49% YoY). However, IIPR carries a Zacks Rank #3 (Hold) rating with a Forward P/E of 7.5, trading at a discount to its industry average of 12.57.