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 $3.72.
Diana covers the Financial sector, focusing on stocks such as Ellington Financial, Cullen/Frost Bankers, and First Savings Financial Group. According to TipRanks, Diana has an average return of 12.5% and a 50.80% success rate on recommended stocks.
Generation Income Properties has an analyst consensus of Moderate Buy, with a price target consensus of $6.00.
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Based on Generation Income Properties’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.32 million and a GAAP net loss of $881.46 thousand. In comparison, last year the company earned a revenue of $1.38 million and had a GAAP net loss of $1.05 million
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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.
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