The Technical Analyst
CBRE Clarion Global Real [IGR]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
CBRE Clarion Global Real Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.58% $5.06
America/New_York / 9 mai 2024 @ 11:39
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 708.12 mill |
| EPS: | 0.840 |
| P/E: | 6.02 |
| Earnings Date: | Mar 05, 2024 |
| SharesOutstanding: | 139.97 mill |
| Avg Daily Volume: | 0.569 mill |
| RATING 2024-05-08 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Neutral | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.61x |
| Company: PE 6.02 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.30x |
| Company: PE 6.02 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-2.07 (-140.84%) $-7.13 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 4.94 - 5.18 ( +/- 2.35%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-04 | Miniman Jonathan D | Buy | 1 750 | CBRE Global Real Estate Income Fund |
| 2023-12-31 | Greis Leslie E | Buy | 0 | |
| 2023-12-31 | Ferguson T Ritson | Buy | 0 | |
| 2023-12-31 | Miniman Jonathan D | Buy | 0 | |
| 2023-12-31 | Smith Joseph P | Buy | 0 |
| INSIDER POWER |
|---|
| 100.00 |
| Last 90 transactions |
| Buy: 323 121 | Sell: 0 |
Forecast:
13:18 - $5.05
Live Trading Signals (every 1 min)
Forecast
1: 11:48 - $5.06
Forecast 2: 12:38 - $5.04
Forecast 3: 13:18 - $5.05
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $5.06 (0.58% ) |
| Volume | 0.183 mill |
| Avg. Vol. | 0.569 mill |
| % of Avg. Vol | 32.14 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For IGR
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
IGR
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.
Latest Press Releases
2024-04-09 17:28:00 - Press Release
Correcting And Replacing Cbre Global Real Estate Income Fund (nyse: Igr) Declares Monthly Distribution For April, May And June And Announces A Webinar With Portfolio Management
Philadelphia--(business wire)--cbre global real estate income fund (nyse: igr) declares monthly distribution for april, may and june & announces a webinar with portfolio management.
2024-04-08 16:05:00 - Press Release
Cbre Global Real Estate Income Fund (nyse: Igr) Declares Monthly Distribution For April, May And June And Announces A Webinar With Portfolio Management
Philadelphia--(business wire)--cbre global real estate income fund (nyse: igr) declares monthly distribution for april, may and june & announces a webinar with portfolio management.
2024-01-08 16:30:00 - Press Release
Cbre Global Real Estate Income Fund (nyse: Igr) Declares Monthly Distribution For January, February And March And Announces A Webinar With Portfolio Management
Philadelphia--(business wire)--cbre global real estate income fund (nyse: igr) declares monthly distribution for jan., feb., and mar.& announces a webinar with portfolio management.
2023-10-09 16:30:00 - Press Release
Cbre Global Real Estate Income Fund (nyse: Igr) Declares Monthly Distribution For October, November And December And Announces A Webinar With Portfolio Management
Philadelphia--(business wire)--the board of trustees of the cbre global real estate income fund (nyse: igr) (the “fund”) has declared three distributions of $0.06 per share for the months of october, november and december 2023 ($0.18 per share in total). the following dates apply: declaration date ex-dividend date record date payable date october 2023 10-09-2023 10-19-2023 10-20-2023 10-31-2023 november 2023 10-09-2023 11-17-2023 11-20-2023 11-30-2023 december 2023 10-09-2023 12-19-2023 12-20.
2023-07-07 16:00:00 - Press Release
Cbre Global Real Estate Income Fund (nyse: Igr) Declares Monthly Distribution For July, August And September
Philadelphia--(business wire)--the board of trustees of the cbre global real estate income fund (nyse: igr) (the “fund”) has declared three distributions of $0.06 per share for the months of july, august and september 2023 ($0.18 per share in total). the following dates apply: declaration date ex-dividend date record date payable date july 2023 07-07-2023 07-19-2023 07-20-2023 07-31-2023 august 2023 07-07-2023 08-18-2023 08-21-2023 08-31-2023 september 2023 07-07-2023 09-19-2023 09-20-2023 09.
Latest News
2024-04-15 09:58:27 - Seeking Alpha
IGR: No Near-Term Upside Catalyst, But The Fund Did Cover Its Distribution Last Year
The CBRE Global Real Estate Income Fund offers exposure to the real estate sector and real estate investment trusts (REITs) with a 14.52% yield. The fund has a higher yield than its peers, but there are concerns about its ability to sustain its distribution. The fund's net asset value has declined recently, and it relies on capital gains to cover its distributions, which may not be sustainable in the long term.
2024-02-17 08:30:54 - 24/7 Wall Street
Want $5000 in Passive Income? Invest $5000 in These 7 Funds
Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.
2024-02-15 07:15:00 - Seeking Alpha
Earn Up To 14% Dividend Yield From REIT CEFs
REIT closed-end funds, or CEFs, are offering historically high dividend yields. Some yield as much as 14% right now. Is this an opportunity? We highlight various REIT CEFs and explain which is our favorite today.
2024-01-29 13:10:48 - Seeking Alpha
IGR: 3 Reasons This REIT Fund Gets A Downgrade
In our last article, we gave IGR an upgrade. That has played out and the fund has delivered a scintillating return since then. In this article, we give you three reasons as to why we are now downgrading IGR.
2024-01-10 18:30:29 - Seeking Alpha
The Month In Closed-End Funds: December 2023
For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV, with 9% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Developed Markets CEFs (+6.45%), for the second straight month, outpaced the other classifications in the equity CEF universe for December.
2023-12-06 18:31:16 - Seeking Alpha
The Month In Closed-End Funds: November 2023
For the first month in four, both equity (+6.05% on a NAV basis) and fixed income (+5.81%) CEFs on average posted handsome plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV, with 10% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Developed Markets CEFs (+8.93%), for the first month in eight, outpaced the other classifications in the equity CEF universe for November.
2023-11-28 09:59:29 - Seeking Alpha
IGR: Continues To Overpay Distribution, Leaving An Overhanging Risk
CBRE Global Real Estate Income Fund has performed poorly compared to its peers, and that leaves it on the list of potential distribution cutters. I believe Cohen & Steers Real Estate Opportunities and Income Fund and Cohen & Steers Quality Income Realty Fund offer better opportunities in the real estate and REIT space. The IGR closed-end fund otherwise offers a decent discount and added global exposure that could be seen as potentially worth the risks.
2023-11-27 12:54:46 - Seeking Alpha
IGR: As Global Real Estate Stabilizes, Collect A 15% Yield From This CEF
Real estate has been one of the worst-performing sectors in the U.S. equity market over the past three years. Global real estate market conditions are stabilizing, indicating a potential recovery in the sector. CBRE Global Real Estate Income Fund is showing signs of recovery and offers high current income and potential for capital appreciation.
2023-09-28 09:00:00 - Seeking Alpha
IGR: 3 Reasons This REIT Fund Gets An Upgrade
CBRE Global Real Estate Income Fund held a Sell rating from us since September 2022. That has been the correct call as the REIT CEF has delivered massively negative returns. We give you 3 reasons why we are upgrading this to a hold.
2023-08-25 11:31:15 - Seeking Alpha
IGR: Highly Levered, Highly Concentrated REIT Equity CEF
CBRE Global Real Estate Income Fund is an equity closed end fund with a primary objective of high current income and secondary objective of capital appreciation. IGR invests in global REIT equity, with the U.S. making up only 62% of the collateral allocation. IGR has a high leverage ratio of 30% and is considered a high beta instrument, making it riskier but with potential for higher returns in a structural bull market.