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Hines Global Income Trust Inc (HGIT) |
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Price: $0.0000
$0.00 
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52 Wk High: |
$ 0.00 |
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$0.00 |
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| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
272 |
| Employees |
45 |
| Revenues (TTM) (Millions $) |
357 |
| Net Income (TTM) (Millions $) |
84 |
| Cash Flow (TTM) (Millions $) |
137 |
| Capital Exp. (TTM) (Millions $) |
81 |
Hines Global Income Trust Inc
Hines Global Income Trust Inc (HGIT) is a publicly traded real estate investment trust (REIT) that primarily invests in commercial real estate assets. It was founded in 2014 and is headquartered in Houston, Texas.
The company aims to generate stable cash flows and enhance long-term shareholder value by pursuing a diversified global real estate investment strategy. HGIT acquires, develops, and manages a broad range of properties across various geographies, sectors, and property types. Its portfolio includes office, retail, industrial, multifamily, and hospitality assets located in North America, Europe, and Asia-Pacific.
HGIT's investment approach is grounded in the expertise and experience of its parent company, Hines, a global real estate firm with more than 60 years of history in the industry. Hines has a strong track record of creating value through development, acquisition, and management of real estate projects.
HGIT is structured as a non-traded REIT, which means that its shares are not publicly traded on an exchange. Instead, they are sold through private placements to accredited investors. The company initially raised $750 million in equity capital and has since grown its AUM to approximately $2.2 billion (as of Q1 2021).
HGIT's investment strategy is guided by a focus on core-plus and value-add opportunities that have the potential to deliver attractive risk-adjusted returns. The company targets properties that are attractively priced relative to their intrinsic value and that have strong underlying fundamentals. It also seeks to create value through property-level improvements, operational efficiencies, and strategic repositioning.
The company's management team comprises experienced real estate professionals with a proven track record of success. They bring deep market knowledge, operational expertise, and strong relationships across the industry to the table.
HGIT's dividend policy aims to provide investors with a steady stream of income through regular distributions. The company distributes a portion of its net income to shareholders on a monthly basis, with the aim of maintaining a stable dividend yield over time. As of Q1 2021, HGIT's annualized dividend yield was1%.
Overall, HGIT is a well-positioned global REIT with a diversified portfolio of high-quality real estate assets. The company's commitment to disciplined investment practices, strong management team, and focus on generating stable cash flows make it an attractive investment option for investors seeking exposure to the real estate sector.
Company Address: 845 Texas Avenue Houston 77002 TX
Company Phone Number: 220-6121 Stock Exchange / Ticker: HGIT
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| Stock Performances by Major Competitors |
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| Hines Global Income Trust Inc
Hines Global Income Trust Inc (HGIT) has shown impressive revenue growth in the most recent fiscal period, with a 12.315% increase from the comparable period a year before. This growth outperformed many of its peers in the Real Estate Investment Trusts industry, with most entities in the sector seeing only a 6.03% revenue growth in the first quarter of 2024 relative to the same period in 2023.
Despite this strong revenue growth, HGIT also saw its deficit per share increase to $-0.06, up from $-0.01 in the preceding financial reporting period. This increase in deficit per share can be concerning for investors, as it indicates that the company's expenses may be outpacing its revenue growth.
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| Hines Global Income Trust Inc
Hines Global Income Trust Inc, a Real Estate Investment Trusts (REITs) company, recently released its financial results for the fiscal period ending September 30, 2023. The results highlight a mixed performance, with improvements in revenue but an increased deficit per share. This article aims to interpret these results and explore their potential impact on the company going forward.
1. Increased Deficit Per Share:
- Hines Global Income Trust Inc reported a deficit per share of $-0.11, compared to $-0.06 in the previous year.
- This signifies a decline in profitability on a per-share basis, which is a concerning trend for investors.
- The company should focus on improving its financial management practices to reduce the deficit in upcoming periods.
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| Hines Global Income Trust Inc
Hines Global Income Trust Inc, a leading Real Estate Investment Trusts (REITs) company, has experienced remarkable revenue growth, resulting in profitability in the second quarter of 2023. The company's revenue surged by an impressive 27.71% to $75.72 million, marking a significant improvement compared to the fiscal period ending in June 2022, which reported a revenue of $76.12 million. Notably, this growth outperformed the industry peers in the REITs sector, which saw a collective business growth of 5.06% during the same period.
Alongside the surge in revenue, Hines Global Income Trust Inc also witnessed a positive change in earnings per share, increasing from $-0.17 to $0.01 in the second quarter of 2023, signifying a notable improvement. This positive shift in earnings per share was accompanied by a decline in revenue of -0.526%, highlighting the company's efforts to bolster its bottom line. Consequently, Hines Global Income Trust Inc recorded a bottom-line profit of $3.510 million during the second quarter of 2023, a significant improvement compared to the net loss of $-33.063 million in the same reporting period the previous year.
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| Hines Global Income Trust Inc
Real Estate Investment Trusts (REITs) have become a popular investment option for many investors looking for steady income through dividends and long-term capital appreciation. In the first quarter of 2023, Hines Global Income Trust Inc, a REITs company, announced a surge in revenue by 28.635 % to $76.12 million from the same quarter a year before, reflecting the optimistic real estate market outlook despite the ongoing pandemic.
However, the surge in revenue was accompanied by a loss per stock at $-0.04 per share for the first quarter of 2023, compared to a loss of $-0.01 per share in the previous quarter. While revenue increased sequentially by 1.217% from $75.20 million, the company's net loss for the quarter was $-11.116 million, which is significantly different from the net proceeds of $1.156 million it had logged in the same quarter a year before.
The company's financial report highlights a mixed performance in the first quarter of 2023. On one hand, the company has seen significant improvements in its revenue, which indicates a strong underlying business performance. On the other hand, its net loss per share shows that the company is still struggling to turn its profitability around.
Hines Global Income Trust Inc is expected to report next financial earnings on May 15, 2023, which is eagerly awaited by investors and analysts. It would be interesting to see the underlying reasons behind the net loss and how the company plans to address them moving forwardTo conclude, Hines Global Income Trust Inc's strong revenue growth is encouraging, but its recent loss per share highlights the volatile nature of the real estate market. Investors need to keep a close eye on the company's financial health and assess the effectiveness of its business strategies in the ever-changing landscape of the real estate market.
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| Per Share |
Current |
| Earnings (TTM) |
0.3 $ |
| Revenues (TTM) |
1.31 $
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| Cash Flow (TTM) |
0.5 $ |
| Cash |
1.45 $
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| Book Value |
7.16 $
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| Dividend (TTM) |
0.28 $ |
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| Per Share |
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| Earnings (TTM) |
0.3 $
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| Revenues (TTM) |
1.31 $ |
| Cash Flow (TTM) |
0.5 $ |
| Cash |
1.45 $
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| Book Value |
7.16 $ |
| Dividend (TTM) |
0.28 $ |
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| Office investments |
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 22.85 % |
of total Revenue |
| Industrial investments |
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25.63 % |
of total Revenue |
| Residential Living investments |
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31.65 % |
of total Revenue |
| Retail investments |
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10.04 % |
of total Revenue |
| Other investments |
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9.84 % |
of total Revenue |
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