In a report released yesterday, Michael Diana from Maxim Group maintained a Hold rating on Generation Income Properties (GIPR – Research Report). The company’s shares closed yesterday at $4.40.
According to TipRanks, Diana is a 5-star analyst with an average return of 9.6% and a 46.20% success rate. Diana covers the Financial sector, focusing on stocks such as Ellington Financial, New York Mortgage, and Cullen/Frost Bankers.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generation Income Properties with a $6.00 average price target.
See Insiders’ Hot Stocks on TipRanks >>
Based on Generation Income Properties’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.33 million and a GAAP net loss of $1.32 million. In comparison, last year the company earned a revenue of $1.18 million and had a GAAP net loss of $580.53 thousand
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Generation Income Properties Inc is an internally managed company with the objective to acquire and own, directly or jointly, real estate investments focused on retail, office and industrial net lease properties located in several United States cities.
Read More on GIPR:
