Innovative Industrial Properties Inc vs Sunrun Inc — how do they compare? Innovative Industrial Properties Inc trades at $58.5 (market cap $1.67B), while Sunrun Inc trades at $9.84 (market cap $2.42B). The key difference: Sunrun Inc is the larger of the two by market cap, and Innovative Industrial Properties Inc pays a 13.18% dividend while Sunrun Inc pays none. Which is the better fit depends on your goals.
| IIPR | RUN | |
|---|---|---|
Market Cap | $1.67B | $2.42B |
Sector | Real Estate | Technology |
52-Week High | $64.67 | $21.41 |
52-Week Low | $44.58 | $9.38 |
Enterprise Value | $2.21B | $16.93B |
Dividend Yield | 13.18% | — |
Signals from Pluang's Aura AI — not financial advice
IIPR trades at $57.69, showing modest daily gains of 0.37%. The stock presents mixed signals with bearish technical indicators but strong fundamentals including a P/E of 13.05 and net margin of 52.27%. Recent Q2 2026 earnings beat expectations with $1.36 EPS versus $1.02 forecast. The company maintains robust cash flow from operations at $198.19M and recently declared a $1.90 dividend for H1-2026.
Outlook remains cautiously optimistic despite technical weakness. The 9.09% dividend yield and attractive valuation metrics provide support, but declining revenue from $266M (2025) to $264M (2026) and tenant concentration risks in the cannabis REIT sector warrant monitoring. Analyst consensus leans Hold (54.55%) with institutional interest growing.
Sunrun (RUN) trades at $9.84, down 0.3% on the day, with bearish technical signals and mixed fundamentals. The stock shows attractive valuation metrics with P/E of 6.82 and P/B of 0.69, but faces operational challenges with negative operating cash flow. Recent Q2 2026 earnings beat expectations with $0.42 EPS versus $0.23 estimate, though guidance cuts and a Goldman Sachs price target reduction to $15 weighed on sentiment.
The outlook remains cautious despite strong analyst consensus (62% buy ratings) and $14.38 price target. Key opportunities include record storage attachment rates and securitization success, while risks involve negative cash flow trends, high debt levels (70.76% debt-to-asset ratio), and solar industry volatility. The stock trades 31.6% below analyst consensus target, offering potential upside if execution improves.
Trailing returns across standard periods
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 →Sunrun Inc. is one of the largest residential solar, battery storage, and energy services companies in the United States. The company provides solar panel installations, battery backup systems, and energy management solutions to homeowners. Sunrun primarily uses a solar-as-a-service model, offering customers solar leases and power purchase agreements (PPAs), which allow homeowners to adopt solar energy with little to no upfront cost. The company's mission is to create a planet run by the sun.
Read more on RUN →