IGR

CBRE Global Real Estate Income Fund [IGR] Stock Forecast

Q: What is CBRE Global Real Estate Income Fund stock symbol ?

CBRE Global Real Estate Income Fund is a US stock, located in Radnor of Pa and trading under the symbol IGR

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IGR Stock Summary

Earnings are expected to fall -100% next year

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In the News

11:12 10 Jun 2023 IGR

IGR: REITs At A Tempting Discount, But There Are Concerns

After completing its rights offering last month, the fund continues to trade at what would appear to be an attractive discount. The fund offers exposure to global real estate when most other CEFs focus more specifically on U.S. allocations.

11:53 10 Jun 2023 IGR

IGR Rights Offering Results

IGR's rights offering was oversubscribed. The NAV/share hit was around -3.5%.

10:00 10 Jun 2023 IGR

Industrial REITs: We Love Logistics

No slowdown here. After the worst year of performance on record in 2022, Industrial REITs have rebounded this year after earnings results showed a surprising re-strengthening of property-level fundamentals. Recent earnings results showed that demand continues to substantially outpace available supply. Rent growth reaccelerated in early-2023, with rental spreads averaging over 40%, while occupancy rates climbed to fresh record.

09:00 10 Jun 2023 IGR

5 Best CEFs To Buy This Month (April 2023)

5 Best CEFs To Buy This Month (April 2023).

10:30 10 Jun 2023 IGR

Storage Wars

Storage REITs are the best-performing property sector this year after lagging in late 2022, lifted by surprisingly solid earnings results and a thawing of the previously icy-cold housing market. Storage demand is driven largely by housing activity – specifically, home sales and rental market turnover - and the recent moderation in mortgage rates has eased concern of a deepening housing recession.

10:23 10 Jun 2023 IGR

Weekly Closed-End Fund Roundup: March 12, 2023

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

11:31 10 Jun 2023 IGR

RFI And IGR: Updating REIT CEFs Outlook

02:59 10 Jun 2023 IGR

CEF Insights: CBRE Investment Management, Opportunities In Global Real Estate

Analysis of similar historical environments may suggest favorable market conditions for global real estate investment. The CBRE Global Real Estate Income Fund provides exposure to income-producing equity securities that the Fund's management team believes are attractively valued.

10:00 10 Jun 2023 IGR

Apartment REITs: Tracking For Soft Landing

Apartment REITs were the second-worst-performing property sector in 2022 - barely outperforming the troubled office sector - despite delivering a record year of operating performance highlighted by 20% FFO growth. Following two years of historic rent growth, there is little doubt that growth will moderate over the coming quarters. Market consensus sees a "hard landing" with rising vacancies and declining rents.

01:38 10 Jun 2023 IGR

The Month In Closed-End Funds: January 2023

For the third month in four, equity CEFs (+5.60% on a NAV basis) on average witnessed positive performance. While their fixed income CEF cohorts (+4.08%) posted gains for the second month in three.

IGR Financial details

Company Rating

Market Cap

603.94M

Income

Revenue

Book val./share

Cash/share

Dividend

0.72

Dividend %

13.58%

Employees

Optionable

Shortable

Yes

Earnings

P/E

-1.55

Forward P/E

PEG

P/S

-1.54

P/B

0.85

P/C

P/FCF

10.86

Quick Ratio

9.56

Current Ratio

9.56

Debt / Equity

0.47

LT Debt / Equity

0.47

EPS (TTM)

EPS next Y

EPS next Q

EPS this Y

-215.15%

EPS next Y

EPS next 5Y

EPS last 5Y

32.42%

Revenue last 5Y

33.2%

Revenue Q/Q

EPS Q/Q

SMA20

SMA50

SMA100

-16.67%

Inst Own

Inst Trans

ROA

-37%

ROE

-41%

ROC

-0.37%

Gross Margin

100%

Oper. Margin

98%

Profit Margin

100%

Payout

-20%

Shs Outstand

116.59M

Shs Float

116.35M

Target Price

52W Range

4.94-8.32

52W High

-34.25%

52W Low

+31.5%

RSI

Rel Volume

0.34

Avg Volume

706.87K

Volume

240.13K

Perf Week

2.73%

Perf Month

-2.41%

Perf Quarter

-11.74%

Perf Half Y

-14.33%

Beta

1.26495

Volatility

0.05%, 0.11%

Prev Close

-0.75%

Price

5.26

Change

-0.75%

IGR Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	-0.82	1.93	-0.14	2.99	-3.4
Net income per share	-0.84	1.91	-0.15	2.97	-3.42
Operating cash flow per share	1.47	0.21	-0.85	0.34	0.48
Free cash flow per share	1.47	0.21	-0.85	0.34	0.48
Cash per share	0	0.01	0	0	0
Book value per share	7.56	8.88	7.99	10.47	6.22
Tangible book value per share	7.56	8.88	7.99	10.47	6.22
Share holders equity per share	7.56	8.88	7.99	10.47	6.22
Interest debt per share	0.67	1.08	2.47	2.77	2.99
Market cap	717.51M	933.04M	813.72M	1.14B	677.71M
Enterprise value	791.44M	1.05B	1.1B	1.46B	1.02B
P/E ratio	-7.33	4.2	-45.87	3.3	-1.68
Price to sales ratio	-7.48	4.16	-50.9	3.28	-1.69
POCF ratio	4.18	38.06	-8.12	29.13	11.91
PFCF ratio	4.18	38.06	-8.12	29.13	11.91
P/B Ratio	0.81	0.9	0.86	0.93	0.92
PTB ratio	0.81	0.9	0.86	0.93	0.92
EV to sales	-8.25	4.69	-69.01	4.2	-2.54
Enterprise value over EBITDA	-8.4	4.65	-71.8	4.19	-2.58
EV to operating cash flow	4.61	42.92	-11.01	37.3	17.98
EV to free cash flow	4.61	42.92	-11.01	37.3	17.98
Earnings yield	-0.14	0.24	-0.02	0.3	-0.6
Free cash flow yield	0.24	0.03	-0.12	0.03	0.08
Debt to equity	0.1	0.2	0.32	0.27	0.47
Debt to assets	0.09	0.16	0.24	0.21	0.32
Net debt to EBITDA	-0.78	0.53	-18.84	0.92	-0.87
Current ratio	0	0.36	1.18	0.86	9.56
Interest coverage	0	55.28	-6.47	147.64	-47.45
Income quality	-1.75	0.11	5.65	0.11	-0.14
Dividend Yield	0.1	0.07	0.09	0.06	0.12
Payout ratio	-0.72	0.31	-3.94	0.2	-0.2
Sales general and administrative to revenue	-0.02	0.01	-0.1	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	11.95	19.53	5.19	26.46	21.87
ROIC	0	0.2	-0.01	0.23	-0.37
Return on tangible assets	-0.1	0.18	-0.01	0.22	-0.37
Graham Net	-0.69	-1.56	-2.47	-2.79	-2.84
Working capital	0	-52.47M	1.99M	-1.48M	13.66M
Tangible asset value	880.64M	1.03B	945.19M	1.22B	736.01M
Net current asset value	-84.76M	-174.76M	-288.93M	-323.34M	-332.7M
Invested capital	0.08	0.12	0.31	0.26	0.47
Average receivables	5.85M	16.66M	20.19M	10.96M	12.05M
Average payables	5.18M	45.54M	46.33M	10.86M	6.14M
Average inventory	0	0	0	0	0
Days sales outstanding	-22.18	44.76	-294.12	9.48	-13.67
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	-16.45	8.15	-1.24	38.49	-26.7
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	-0.11	0.22	-0.02	0.28	-0.55
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric	2020-12-31	2021-06-30	2021-12-31	2022-06-30	2022-12-31
Revenue per share	0	0	0	0	0
Net income per share	0	0	0	0	0
Operating cash flow per share	0	0	0	0	0
Free cash flow per share	0	0	0	0	0
Cash per share	0	0	0	0	0
Book value per share	0	0	0	0	0
Tangible book value per share	0	0	0	0	0
Share holders equity per share	0	0	0	0	0
Interest debt per share	0	0	0	0	0
Market cap	0	0	0	0	0
Enterprise value	289.57M	280.74M	320.33M	355.48M	345.01M
P/E ratio	0	0	0	0	0
Price to sales ratio	0	0	0	0	0
POCF ratio	0	0	0	0	0
PFCF ratio	0	0	0	0	0
P/B Ratio	0	0	0	0	0
PTB ratio	0	0	0	0	0
EV to sales	0	0	0	0	0
Enterprise value over EBITDA	0	0	0	0	0
EV to operating cash flow	0	0	0	0	0
EV to free cash flow	0	0	0	0	0
Earnings yield	0	0	0	0	0
Free cash flow yield	0	0	0	0	0
Debt to equity	0.32	0.26	0.27	0.44	0.47
Debt to assets	0.24	0.2	0.21	0.3	0.32
Net debt to EBITDA	0	0	0	0	0
Current ratio	0	0	0.86	1.26	9.56
Interest coverage	0	0	0	0	0
Income quality	0	0	0	0	0
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	0	0	0	0	0
ROIC	0	0	0	0	0
Return on tangible assets	0	0	0	0	0
Graham Net	0	0	0	0	0
Working capital	0	0	-1.48M	4.44M	13.66M
Tangible asset value	945.19M	1.1B	1.22B	857.41M	736.01M
Net current asset value	-301.97M	-283.4M	-323.34M	-352.48M	-332.7M
Invested capital	0.31	0.26	0.26	0.41	0.47
Average receivables	12.95M	9.32M	7.4M	15.31M	18.31M
Average payables	11.48M	5.7M	5.51M	14M	9.46M
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0	0	0	0	0
Capex per share	0	0	0	0	0

IGR Dividend History

IGR Frequently Asked Questions

What is CBRE Global Real Estate Income Fund stock symbol ?

CBRE Global Real Estate Income Fund is a US stock , located in Radnor of Pa and trading under the symbol IGR

What is CBRE Global Real Estate Income Fund stock quote today ?

CBRE Global Real Estate Income Fund stock price is $5.26 today.

Is CBRE Global Real Estate Income Fund stock public?

Yes, CBRE Global Real Estate Income Fund is a publicly traded company.

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Company Profile

Volume Average 706.87K
Market Capitalization 603.94M
CEO Mr. Thomas Ritson Ferguson C.F.A., CFA
Headquarters Radnor,PA,US
IPO Date 2004-02-25
Website https://www.cbreclarion.com/ourfunds/Global-Real-Estate-Income-Fund/Pages/default.aspx

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia. The fund seeks to invest in stocks of companies operating across the real estate sector including REITs. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis to create its portfolio. It conducts in-house research to make its investments.