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Generation Income Properties Inc - GIPR STOCK NEWS

Welcome to our dedicated news page for Generation Income Properties (Ticker: GIPR), a resource for investors and traders seeking the latest updates and insights on Generation Income Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Generation Income Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Generation Income Properties's position in the market.

News
Generation Income Properties Announces Fourth Quarter and Year-End 2023 Financial and Operating Results
Rhea-AI Summary
Generation Income Properties, Inc. (GIPR) reported a net loss of $6.2 million for the 12 months ending December 31, 2023, with Core FFO of $534 thousand and Core AFFO of $705 thousand. The company's portfolio boasts 68% of annualized base rent from investment-grade tenants, including GSA and Dollar General. Total revenue saw a 40% year-over-year increase to $7.6 million, driven by property acquisitions. However, operating expenses rose to $11.1 million, resulting in a net loss increase compared to the previous year. GIPR is not providing financial guidance for 2024, focusing on material event updates.
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Generation Income Properties Announces Continued Monthly Cash Distribution
Rhea-AI Summary
Generation Income Properties, Inc. (GIPR) declares a monthly cash distribution of $0.039 per common share for April 2024, payable to shareholders of record on April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
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News
Modiv Industrial Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Modiv Industrial, Inc. announced its operating results for Q4 and full year 2023, showcasing revenue growth, exceeding street expectations, stock sales, property transactions, and debt repayment. The company highlighted its strategic approach to acquisitions amidst challenging market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
earnings
News
Generation Income Properties (NASDAQ: GIPR) Issues 2,794,597 Shares of Its Common Stock
Rhea-AI Summary
Generation Income Properties, Inc. (NASDAQ:GIPR) issued 2,794,597 shares of its common stock in redemption of all 2,400,000 issued and outstanding shares of its Series A Preferred Stock. The shares were issued to Modiv Operating Partnership, L.P. in connection with a portfolio acquisition from Modiv Industrial. Modiv declared a stock distribution of the Company's shares to be issued pursuant to the Redemption on the Modiv common stock and the Modiv OP Class C units. Approximately 4,500 new shareholders were welcomed to GIPR as a result.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
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News
Generation Income Properties Announces Tax Treatment of 2023 Distributions
Rhea-AI Summary
Generation Income Properties, Inc. (NASDAQ:GIPR) announced the estimated Federal income tax treatment of the Company's 2023 distributions on its common stock. The Federal income tax classification of the distribution per share on the Company's common stock with respect to the calendar year ended December 31, 2023, is detailed in the press release. Shareholders are advised to consult their tax advisors for specific tax treatment and more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
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News
Corrected Record Date: Generation Income Properties Announces Continued Monthly Cash Distributions
Rhea-AI Summary
Generation Income Properties, Inc. (NASDAQ:GIPR) announced a correction to the record date for its common stock for the month of January in the first quarter of 2024, maintaining the distribution amount and payment date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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none
News
Generation Income Properties Announces Continued Monthly Cash Distributions
Rhea-AI Summary
Generation Income Properties, Inc. (NASDAQ:GIPR) announces regular monthly cash distributions of $0.039 per common share for January, February, and March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
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none
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News
Modiv Industrial Declares Distribution of GIPR Common Shares
Rhea-AI Summary
Modiv Industrial, Inc. (NYSE: MDV) announces the declaration of a stock distribution of Generation Income Properties, Inc. (NASDAQ: GIPR) common stock to its stockholders. Modiv Industrial will receive 2,794,597 shares of GIPR common stock in exchange for retiring the outstanding 2,400,000 shares of GIPR Series A Preferred Stock, retaining approximately 5% of the GIPR common stock received and distributing the remaining shares to its common stockholders and holders of Class C units of Modiv OP. The stock distribution will be payable on January 31, 2024, to holders of record as of January 17, 2024.
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News
Generation Income Properties Announces Third Quarter 2023 Financial and Operating Results
Rhea-AI Summary
Generation Income Properties, Inc. (NASDAQ:GIPR) announced its financial and operating results for the three-month period ended September 30, 2023. The company reported a net loss attributable to common shareholders of ($1.8 million), generated Core FFO of ($66 thousand), and Core AFFO of ($24 thousand) for the same period. The portfolio's annualized base rent was derived from tenants with investment-grade credit ratings, and the company's largest tenants include the General Service Administration, Dollar General, City of San Antonio, and Kohl's Corporation. The company's portfolio is 96% leased and occupied, and approximately 84% of the leases provide for increases in contractual base rent during future years. The company had $4.4 million in total cash and cash equivalents and total mortgage loans, net of $57.1 million as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
earnings
News
Modiv Industrial Announces Third Quarter 2023 Results
Rhea-AI Summary
Modiv Industrial, Inc. (NYSE:MDV) Announces Strong Q3 Results and Forward-Looking Thoughts
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Rhea-AI Sentiment
End-of-Day
0.37%
Tags
earnings
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Generation Income Properties Inc

Nasdaq:GIPR

GIPR Rankings

#5131 Ranked by Market Cap
#3704 Ranked by Stock Gains
N/A Ranked by Dividends

GIPR Stock Data

20.54M
1.63M
18.23%
3.01%
0.59%
Other Financial Vehicles
Finance and Insurance
Link
United States
Tampa

About GIPR

generation income properties purchases assets with future generations in mind; hence its name. gip acquires the most conservative, credit-worthy, long term real estate assets with the understanding that the underlying real estate is ultimately irreplaceable. while the reit is established to provide a stable yield for long periods of time, special attention is paid to the intrinsic present and future value of the real estate in order to prepare for reusing the assets for other tenants after lease expirations. the single-tenant, net-leased investments that gip identifies are typically a free-standing office, retail, or industrial building that is leased and occupied by one user or one company. in most cases, the tenant has committed to a long-term lease, usually longer than 10 years and sometimes as long as 25 years with increasing rent over the lease term.