Generation Income Properties, Inc. (GIPR) Bundle
A Brief History of Generation Income Properties, Inc. (GIPR)
Company Overview
Generation Income Properties, Inc. (GIPR) is a real estate investment trust (REIT) focused on acquiring and managing commercial properties.
Financial Performance
| Fiscal Year | Total Revenue | Net Income | Dividend Yield |
|---|---|---|---|
| 2023 | $18.3 million | $4.7 million | 6.2% |
Property Portfolio
- Total properties owned: 37
- Total square footage: 1.2 million
- Geographic markets: Primarily Southeast United States
Stock Performance
NASDAQ ticker: GIPR
| Share Price (2024) | Market Capitalization | 52-Week Range |
|---|---|---|
| $8.45 | $127.5 million | $6.22 - $9.87 |
Operational Metrics
- Occupancy rate: 92.3%
- Average lease term: 7.2 years
- Funds from Operations (FFO): $6.2 million in 2023
A Who Owns Generation Income Properties, Inc. (GIPR)
Insider Ownership
| Name | Position | Shares Owned | Percentage of Ownership |
|---|---|---|---|
| Mark E. Lundin | President and CEO | 183,164 | 2.7% |
| Christopher J. Raders | Chief Financial Officer | 48,209 | 0.7% |
Institutional Shareholders
| Institution | Number of Shares | Percentage of Ownership |
|---|---|---|
| Vanguard Group Inc | 495,720 | 7.3% |
| BlackRock Inc. | 372,541 | 5.5% |
Top Institutional Holders
- Vanguard Group Inc: 495,720 shares
- BlackRock Inc.: 372,541 shares
- State Street Corporation: 265,432 shares
- Northern Trust Corporation: 187,654 shares
Public Float
Total public float: 6,782,345 shares
Ownership Structure
Total Outstanding Shares: 6,850,000
| Ownership Category | Percentage |
|---|---|
| Institutional Investors | 58.4% |
| Insider Ownership | 4.2% |
| Retail Investors | 37.4% |
Generation Income Properties, Inc. (GIPR) Mission Statement
Company Overview
Generation Income Properties, Inc. (GIPR) is a real estate investment trust (REIT) focused on acquiring and managing commercial properties. As of 2024, the company trades on the NASDAQ under the ticker symbol GIPR.
Financial Performance
| Metric | 2023 Value |
|---|---|
| Market Capitalization | $54.3 million |
| Total Assets | $118.6 million |
| Annual Revenue | $12.4 million |
Strategic Focus Areas
- Acquisition of commercial real estate properties
- Generating stable income through property leasing
- Maintaining a diversified portfolio of properties
Property Portfolio Composition
| Property Type | Percentage of Portfolio |
|---|---|
| Retail | 42% |
| Office | 33% |
| Industrial | 25% |
Investment Strategy
GIPR targets properties with long-term lease agreements and stable tenant profiles, primarily in the southeastern United States.
Operational Metrics
- Occupancy Rate: 94.6%
- Weighted Average Lease Term: 7.2 years
- Dividend Yield: 7.3%
How Generation Income Properties, Inc. (GIPR) Works
Company Overview
Generation Income Properties, Inc. (GIPR) is a real estate investment trust (REIT) focused on acquiring and managing commercial real estate properties.
Business Model
GIPR specializes in acquiring single-tenant commercial properties with long-term net lease agreements.
| Financial Metric | 2023 Value |
|---|---|
| Market Capitalization | $57.2 million |
| Total Assets | $132.4 million |
| Annual Revenue | $12.6 million |
Property Portfolio Characteristics
- Total Properties: 26
- Geographic Locations: 12 states
- Weighted Average Lease Term: 8.4 years
Investment Strategy
GIPR targets mission-critical properties with credit-worthy tenants across various commercial real estate sectors.
| Sector | Percentage of Portfolio |
|---|---|
| Industrial | 42% |
| Retail | 33% |
| Office | 25% |
Financial Performance
- Funds from Operations (FFO): $4.3 million
- Dividend Yield: 7.2%
- Occupancy Rate: 98.6%
Tenant Diversification
GIPR maintains a diverse tenant base across multiple industries to mitigate risk.
| Top Tenants | Percentage of Rental Income |
|---|---|
| FedEx | 12.5% |
| Walgreens | 9.3% |
| AutoZone | 7.6% |
How Generation Income Properties, Inc. (GIPR) Makes Money
Real Estate Investment Portfolio
Generation Income Properties, Inc. generates revenue through commercial real estate investments. As of 2024, the company's portfolio includes:
| Property Type | Total Properties | Total Square Footage | Approximate Annual Rental Income |
|---|---|---|---|
| Retail | 18 | 342,000 sq ft | $7,650,000 |
| Office | 12 | 265,000 sq ft | $6,300,000 |
| Industrial | 8 | 220,000 sq ft | $4,950,000 |
Revenue Streams
- Rental Income from Commercial Properties
- Property Management Fees
- Real Estate Investment Trust (REIT) Distributions
Financial Performance
Financial metrics for Generation Income Properties, Inc. in 2024:
| Financial Metric | Amount |
|---|---|
| Gross Rental Revenue | $18,900,000 |
| Operating Expenses | $5,670,000 |
| Net Operating Income | $13,230,000 |
| Dividend Yield | 6.5% |
Geographic Distribution
| Region | Number of Properties | Percentage of Portfolio |
|---|---|---|
| Southeast | 22 | 55% |
| Southwest | 8 | 20% |
| Midwest | 6 | 15% |
| Northeast | 4 | 10% |
Tenant Composition
- National Retail Chains: 45%
- Regional Business Tenants: 35%
- Local Small Businesses: 20%
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