Streetbeat News

GIPR

Generation Income Properties, Inc.

https://www.gipreit.com

Industry

REIT - Diversified

Generation Income Properties (GIP) is a Real Estate Investment Trust based in Tampa, Florida that specializes in acquiring a diversified portfolio of high quality single tenant properties. Our portfolio consists of office, industrial and retail assets across the United States occupied by primarily investment grade credit tenants.

Open

2.07

Mkt cap

11M

Volume

19K

High

2.13

P/E Ratio

-0.79

52-wk high

4.64

Low

2.06

Div yield

0.15

52-wk low

1.90

Generation Income Properties (NASDAQ:GIPR) reported a Q3 core FFO loss of $(0.03) per share, a significant decrease from the $0.14 per share earned in the same quarter last year. However, the company's sales of $1.84 million exceeded the analyst consensus estimate of $1.41 million by 30.78% and marked a 25.10% increase from the previous year's sales of $1.47 million.

Portfolio Pulse from totan@benzinga.com

November 14, 2023 | 11:00 am

Generation Income (NASDAQ:GIPR) has announced a monthly dividend of 3.9 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 30, 2023.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:45 pm

Generation Income Properties, Inc. (NASDAQ:GIPR) announced that its CFO and Treasurer, Allison Davies, will be leaving the company on November 15, 2023. The company has started looking for her successor. Davies' departure is due to her desire to work closer to her residence in Jacksonville, FL. She will remain in her roles until her departure date.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:25 pm

Generation Income (NASDAQ:GIPR) reported Q2 losses of $(0.03) per share, a 66.67% increase YoY. The company's quarterly sales were $1.33M, missing the analyst consensus estimate of $1.34M by 0.82% and marking a 3.63% decrease YoY.

Portfolio Pulse from mahesh@benzinga.com

August 14, 2023 | 12:10 pm

EF Hutton analyst Gaurav Mehta assumes Generation Income (NASDAQ:GIPR) with a Buy rating and announces a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 9:37 am

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