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GIPR · NASDAQ · REIT - Diversified

Generation Income Properties (GIPR)

Leases single-tenant U.S. office, retail, and medical-retail properties through an UPREIT structure.

$0.5798
vs last close+0.01 (+1.76%)
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Generation Income Properties, Inc.GIPR
Real Estate

Owns and leases single-tenant office, retail, and medical-retail properties across the United States, primarily through net or similar leases that shift many property costs to tenants. Rent and reimbursements are the revenue base, with assets held through an UPREIT operating partnership.

Owns and leases a U.S. portfolio of predominantly single-tenant office, retail, and medical-retail properties through its operating partnership. Most leases are net or similar arrangements that place taxes, utilities, insurance, and ordinary repairs with tenants; base rent and tenant reimbursements generate revenue. Property management is generally in-house, with Norfolk, Virginia properties externally managed.

Focuses its acquisition mandate on properties with investment-grade or otherwise creditworthy tenants and can accept operating-partnership units from contributing sellers. The portfolio was fully leased at the latest detailed reporting date, while a limited number of tenants supply much of annualized base rent and several leases have near-term expirations.

Operates as a REIT and must meet related income, asset, ownership, and distribution tests; virtually all assets and operating activity sit in Generation Income Properties, L.P.

Company facts

CEODavid Sobelman
ListedOct 4, 2021
ExchangeNASDAQ
HeadquartersTampa, FL
CountryUnited States
Employees4
CIK0001651721
ISINUS37149D4025

Market cap$313.9K
EPS (ttm)−$9.73
P/E (ttm)−0.0586
ROE
P/B
P/S0.0340
Dividend yieldDiv yield
Beta1.89vs XLRE 1.40

Price target$5.00+777.2%Average of 2 analysts
ConsensusBuy1 of 2 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 16, 26
in 54 days
EPS estimate
$6.00
Revenue estimate
$1.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.40−$5.00−$8.10−$5.20−$0.66−$3.10−$0.77Pending
Estimate$3.10$2.70$3.20$3.20$3.40$3.50$2.40$6.00
Surprise−112.9%−285.2%−353.1%−262.5%−119.4%−188.6%−132.1%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$2.7M$2.4M$2.4M$2.5M$2.5M$2.2M$2.1MPending
Estimate$2.3M$2.2M$2.4M$2.4M$2.5M$2.5M$2.1M$1.9M
Surprise+14.3%+9.7%+2.1%+1.4%−0.2%−11.5%0.0%
Estimate$6.00
ReportedDue Nov 16, 2026
Estimate$1.9M
ReportedDue Nov 16, 2026
View details

Current ratio28.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.4M$2.7M$2.4M$2.4M$2.5M$2.5M$2.2M$2.1M
Net income−$3.0M−$292.9K−$2.7M−$4.4M−$2.8M−$359.5K−$2.1M−$1.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.4M−$1.1M−$1.5M−$2.4M−$1.7M−$98.0K−$99.2K−$358.5K
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $2.0M · Total debt $59.5M · Total assets $86.9M · Shareholders' equity −$2.3M

Revenue
$2.1M
Operating income
−$358.5K
Net income
−$1.1M
View details

Dividend yield
Next ex-date
Annual dividend
Schedule

HistoryDividendAnnual yield

Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Dividend$0.39$0.39$0.39$0.39$0.39$0.39$0.39$0.39
Annual yield11.56%11.50%11.14%12.96%12.35%12.35%10.76%11.47%
Ex-dateNov 14Dec 14Jan 11Feb 14Mar 14Apr 12May 14Jun 14
Payment dateNov 30Dec 30Jan 30Feb 29Mar 29Apr 30May 30Jun 28
View details

Institutions21.43%118.0K shares
17 holders · as of Jun 30, 2026
Insiders40.87%225.1K shares
7 holders · as of Jul 29, 2026
Other37.70%207.7K shares
remainder

550.9K company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (1.86M in the company's Sep 23, 2026 report, 550.9K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
David SobelmanInsiderdirector, officer: Chairman, President, CEO
33.69%185,563filed Jul 29, 2026
HRT Financial LPInstitution
7.29%401,796as of Jun 30, 2026
Armistice Capital, LLCInstitution
7.28%401,000as of Jun 30, 2026
Cerontie LeVar CookInsiderofficer: Chief Financial Officer
2.48%13,671filed Dec 30, 2025
Jane Street Group, LLCInstitution
2.34%128,769as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 16, 2026HRT Financial LP10 percent owner+6,960$0.5740
Sep 15, 2026HRT Financial LP10 percent owner−348$0.3670
Sep 14, 2026HRT Financial LP10 percent owner−25,185$0.3940
Sep 11, 2026HRT Financial LP10 percent owner−2,827$0.4040
View details

  • Agree Realty

    Closest retail net-lease acquisition rival for investment-grade tenants.

  • Realty Income

    Scaled rival for national single-tenant net-lease acquisitions.

  • NNN REIT

    National rival for long-term single-tenant retail net leases.

  • Alpine Income Property Trust

    Mandate-level rival in single-tenant commercial net-lease investing.

Compare

CompanyPriceChange
Generation Income Properties$0.5798+1.76%$313.9K0.0−12.7%
Agree Realty$66.83−0.73%$8.09B36.234.410.4+16.9%
Realty Income$55.50−1.82%$52.71B41.334.48.9+1.1%
NNN REIT$41.14−1.11%$7.91B20.419.68.3+7.2%
Alpine Income Property Trust$17.02−1.82%$286.4M89.626.34.1+34.6%
Median38.730.38.6+12.0%