Aspen Aerogels Inc vs Innovative Industrial Properties Inc — how do they compare? Aspen Aerogels Inc trades at $5.12 (market cap $427.65M), while Innovative Industrial Properties Inc trades at $64.05 (market cap $1.87B). The key difference: Innovative Industrial Properties Inc is far larger — about 4.4× Aspen Aerogels Inc's market cap, and Innovative Industrial Properties Inc pays a 11.79% dividend while Aspen Aerogels Inc pays none. Which is the better fit depends on your goals.
| ASPN | IIPR | |
|---|---|---|
Market Cap | $427.65M | $1.87B |
Sector | Technology | Real Estate |
52-Week High | $8.82 | $64.44 |
52-Week Low | $2.57 | $44.58 |
Enterprise Value | $382.60M | $2.25B |
Dividend Yield | — | 11.79% |
Signals from Pluang's Aura AI — not financial advice
ASPN trades at $5.16, down 1.53% on the day, with a bearish technical signal despite oversold RSI readings. The company reported a Q1 2026 loss of $0.28 per share, missing estimates, but revenue beat expectations. Recent news includes a 2025 Supplier of the Year award from General Motors and the staged restart of its East Providence facility. Financials show significant net losses but improving cash flow trends into 2026.
Outlook remains challenging with persistent losses and negative margins, though analyst consensus is strongly bullish (83% buy ratings). Key risks include execution on facility restarts and EV demand volatility. The stock offers high-risk growth potential if operational improvements and electrification trends accelerate profitability.
IIPR trades at $64.44, up 2.16% with a bullish technical signal from moving averages. The REIT shows strong profitability with 45.58% net margins and stable quarterly earnings beats. Recent developments include successful debt refinancing and a $1.90 quarterly dividend declaration. Valuation appears reasonable with P/E of 16.44 and P/B of 1.05, though revenue declined to $266M in 2025.
Outlook remains positive with cannabis rescheduling progress and improved capital structure, but risks include tenant credit quality and sector volatility. The 13.32% dividend yield offers income appeal, though coverage requires monitoring. Analyst consensus leans cautious with 36% buy ratings amid revenue pressure.
Trailing returns across standard periods
Latest headlines on both assets
Aspen Aerogels is an aerogel technology company that designs high-performance insulation. Its products are used in energy infrastructure and electric vehicles to provide thermal management and fire protection.
Read more on ASPN →Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Read more on IIPR →