Innovative Industrial Properties (IIPR) vs Stag Industrial (STAG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Stag Industrial (STAG) has outperformed Innovative Industrial Properties (IIPR) over the past year, losing 1.5% versus a loss of 4.6%. Over five years, STAG leads with a -16.1% price change compared with -78.3% for IIPR. Stag Industrial is the larger company by market cap ($7.08 billion vs $1.43 billion), about 5.0 times the size.
On valuation, Innovative Industrial Properties trades at a lower forward P/E (11.8x vs 40.9x for Stag Industrial). Innovative Industrial Properties offers the higher dividend yield (14.66% vs 4.22%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IIPR | STAG |
|---|---|---|
| Share price | $51.84 | $35.96 |
| Market cap | $1.43B | $7.08B |
| 1-day change | -0.15% | +0.22% |
| YTD return | +9.63% | -2.39% |
| 1-year return | -4.58% | -1.51% |
| 5-year return | -78.28% | -16.05% |
| P/E ratio (TTM) | 11.73 | 27.66 |
| Forward P/E | 11.81 | 40.86 |
| EPS (TTM) | $4.42 | $1.30 |
| Dividend yield | 14.66% | 4.22% |
| Annual dividend | $7.60 | $1.52 |
| Revenue (latest FY) | — | $845.18M |
| Revenue growth (YoY) | — | +10.14% |
| Net income (latest FY) | — | $273.52M |
| Net margin | — | 32.36% |
| 52-week high | $65.38 | $42.61 |
| 52-week low | $44.58 | $35.14 |
| Distance from 52-week high | -20.71% | -15.61% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +24.42% | +16.10% |
| Average volume | 362.31K | 1.68M |
| Shares outstanding | 27.57M | 192.81M |
| Employees | 24 | 93 |
| Sector | Finance | Real Estate |
| Industry | Real Estate | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Stag Industrial is about 5.0 times larger than Innovative Industrial Properties by market value ($7.08B vs $1.43B).
- Stag Industrial trades at a higher earnings multiple (27.7x vs 11.7x trailing P/E).
- Innovative Industrial Properties offers a meaningfully higher dividend yield (14.66% vs 4.22%).
- The two companies sit in different sectors: Innovative Industrial Properties in Finance and Stag Industrial in Real Estate.
About Innovative Industrial Properties
IIPR stock →Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry.
Finance · Real Estate · 24 employees
About Stag Industrial
STAG stock →STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership and operation of industrial properties throughout the United States.
Real Estate · Real Estate Investment Trusts · 93 employees
IIPR vs STAG FAQ
Which is bigger, Innovative Industrial Properties or Stag Industrial?
Stag Industrial (STAG) is larger, with a market capitalization of $7.08B compared with $1.43B for Innovative Industrial Properties (IIPR).
Which stock has performed better over the past year, IIPR or STAG?
STAG returned -1.51% over the past 12 months, compared with -4.58% for IIPR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IIPR or STAG?
IIPR has the lower trailing P/E at 11.7, versus 27.7 for STAG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Innovative Industrial Properties or Stag Industrial?
Innovative Industrial Properties has the higher yield at 14.66%, compared with 4.22% for Stag Industrial.
Are Innovative Industrial Properties and Stag Industrial in the same industry?
No. Innovative Industrial Properties is in the Finance sector, while Stag Industrial is in Real Estate.