Sifting through countless of stocks in the Industrial REITs industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in STAG Industrial, Inc., Innovative Industrial Properties or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how STAG Industrial, Inc., Innovative Industrial Properties and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About STAG Industrial, Inc., Innovative Industrial Properties and Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership and operation of industrial properties throughout the United States. As of June 30, 2026, the Company's portfolio consists of 606 buildings in 41 states with approximately 122.6 million rentable square feet. STAG Industrial, Inc. was established in 2010 and was incorporated in Maryland.

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. As of June 30, 2026, we owned 108 properties comprising an aggregate of approximately 8.4 million rentable square feet in 19 states. Innovative Industrial Properties, Inc. was established on June 15th 2016 and is incorporated in Maryland.

Latest Industrial REITs and STAG Industrial, Inc., Innovative Industrial Properties, Inc. Stock News

As of September 8, 2026, STAG Industrial, Inc. had a $7.2 billion market capitalization, compared to the Industrial REITs median of $7.2 million. STAG Industrial, Inc.’s stock is NA in 2026, NA in the previous five trading days and up 1.62% in the past year.

Currently, STAG Industrial, Inc.’s price-earnings ratio is 28.9. STAG Industrial, Inc.’s trailing 12-month revenue is $880.6 million with a 28.1% net profit margin. Year-over-year quarterly sales growth most recently was 8.1%. Analysts expect adjusted earnings to reach $1.097 per share for the current fiscal year. STAG Industrial, Inc. currently has a 4.2% dividend yield.

Currently, Innovative Industrial Properties, Inc.’s price-earnings ratio is 12.9. Innovative Industrial Properties, Inc.’s trailing 12-month revenue is $263.7 million with a 52.3% net profit margin. Year-over-year quarterly sales growth most recently was 0.6%. Analysts expect adjusted earnings to reach $4.150 per share for the current fiscal year. Innovative Industrial Properties, Inc. currently has a 13.3% dividend yield.

How We Compare STAG Industrial, Inc., Innovative Industrial Properties and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at STAG Industrial, Inc., Innovative Industrial Properties and Inc.’s stock grades to see how they measure up against one another.

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STAG Industrial, Inc., Innovative Industrial Properties and Inc. Stock Value Grades

Company	Ticker	Value
STAG Industrial, Inc.	STAG	D
Innovative Industrial Properties, Inc.	IIPR	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

STAG Industrial, Inc. has a Value Score of 27, which is Expensive. Innovative Industrial Properties, Inc. has a Value Score of 77, which is Value.

The Value Stock Winner: Innovative Industrial Properties, Inc.

As you can clearly see from the Value Grade breakdown above, Innovative Industrial Properties, Inc. is considered to have better value than STAG Industrial, Inc.. For investors who focus solely on a company’s valuation, Innovative Industrial Properties, Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

STAG Industrial, Inc., Innovative Industrial Properties and Inc. Growth Grades

Company	Ticker	Growth
STAG Industrial, Inc.	STAG	A
Innovative Industrial Properties, Inc.	IIPR	B

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

STAG Industrial, Inc. has a Growth Score of 89, which is Very Strong. Innovative Industrial Properties, Inc. has a Growth Score of 64, which is Strong.

The Growth Grade Winner: STAG Industrial, Inc.

As you can clearly see from the Growth Grade breakdown above, STAG Industrial, Inc. has a more attractive growth grade than Innovative Industrial Properties, Inc.. For investors who focus solely on how a company is growing relative to other companies in the same industry, STAG Industrial, Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

STAG Industrial, Inc., Innovative Industrial Properties and Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
STAG Industrial, Inc.	STAG	na
Innovative Industrial Properties, Inc.	IIPR	F

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

STAG Industrial, Inc. does not have a meaningful Earnings Estimate Score. Innovative Industrial Properties, Inc. has a Earnings Estimate Score of 17, which is Very Negative.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither STAG Industrial, Inc., Innovative Industrial Properties or Inc. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if STAG Industrial, Inc., Innovative Industrial Properties or Inc. is the better investment when it comes to estimate revisions.

Other STAG Industrial, Inc., Innovative Industrial Properties and Inc. Grades

In addition to Growth, Estimate Revisions and Value, A+ Investor also provides grades for Momentum and Quality.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether STAG Industrial, Inc., Innovative Industrial Properties and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, STAG Industrial, Inc., Innovative Industrial Properties or Inc. Stock?

Overall, STAG Industrial, Inc. stock has a Value Score of 27, Growth Score of 89 and Estimate Revisions Score of .

Innovative Industrial Properties, Inc. stock has a Value Score of 77, Growth Score of 64 and Estimate Revisions Score of 17.

Comparing STAG Industrial, Inc., Innovative Industrial Properties and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.