Innovative Industrial Properties (IIPR) vs Urban Edge Properties (UE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Urban Edge Properties (UE) has outperformed Innovative Industrial Properties (IIPR) over the past year, losing 1.5% versus a loss of 4.6%. Over five years, UE leads with a +4.4% price change compared with -78.3% for IIPR. Urban Edge Properties is the larger company by market cap ($2.65 billion vs $1.43 billion), about 1.9 times the size.
On valuation, Innovative Industrial Properties trades at a lower forward P/E (11.8x vs 37.8x for Urban Edge Properties). Innovative Industrial Properties offers the higher dividend yield (14.69% vs 4.15%).
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 | UE |
|---|---|---|
| Share price | $51.73 | $19.27 |
| Market cap | $1.43B | $2.65B |
| 1-day change | -0.38% | -0.10% |
| YTD return | +9.63% | +0.52% |
| 1-year return | -4.58% | -1.53% |
| 5-year return | -78.28% | +4.44% |
| P/E ratio (TTM) | 11.70 | 36.36 |
| Forward P/E | 11.78 | 37.78 |
| EPS (TTM) | $4.42 | $0.53 |
| Dividend yield | 14.69% | 4.15% |
| Annual dividend | $7.60 | $0.80 |
| Revenue (latest FY) | — | $471.94M |
| Revenue growth (YoY) | — | +6.06% |
| Net income (latest FY) | — | $93.53M |
| Net margin | — | 19.82% |
| 52-week high | $65.38 | $24.11 |
| 52-week low | $44.58 | $18.46 |
| Distance from 52-week high | -20.89% | -20.07% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +24.70% | +24.55% |
| Average volume | 362.31K | 815.31K |
| Shares outstanding | 27.57M | 126.24M |
| Employees | 24 | 104 |
| Sector | Finance | Finance |
| Industry | Real Estate | Real Estate |
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
- Urban Edge Properties trades at a higher earnings multiple (36.4x vs 11.7x trailing P/E).
- Innovative Industrial Properties offers a meaningfully higher dividend yield (14.69% vs 4.15%).
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 Urban Edge Properties
UE stock →Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor.
Finance · Real Estate · 104 employees
IIPR vs UE FAQ
Which is bigger, Innovative Industrial Properties or Urban Edge Properties?
Urban Edge Properties (UE) is larger, with a market capitalization of $2.65B compared with $1.43B for Innovative Industrial Properties (IIPR).
Which stock has performed better over the past year, IIPR or UE?
UE returned -1.53% 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 UE?
IIPR has the lower trailing P/E at 11.7, versus 36.4 for UE. 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 Urban Edge Properties?
Innovative Industrial Properties has the higher yield at 14.69%, compared with 4.15% for Urban Edge Properties.
Are Innovative Industrial Properties and Urban Edge Properties in the same industry?
Yes. Both are classified in the Real Estate industry within the Finance sector.