Global Medical REIT Inc. (GMRE)
Market Cap | 593.57M |
Revenue (ttm) | 139.94M |
Net Income (ttm) | 14.91M |
Shares Out | 65.59M |
EPS (ttm) | 0.23 |
PE Ratio | 39.35 |
Forward PE | 333.33 |
Dividend | $0.84 (9.28%) |
Ex-Dividend Date | Jun 21, 2024 |
Volume | 269,773 |
Open | 8.97 |
Previous Close | 8.94 |
Day's Range | 8.93 - 9.05 |
52-Week Range | 7.98 - 11.59 |
Beta | 1.24 |
Analysts | Strong Buy |
Price Target | 10.00 (+10.5%) |
Earnings Date | Jul 31, 2024 |
About GMRE
Global Medical REIT Inc. (GMRE) is a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. [Read more]
Financial Performance
In 2023, GMRE's revenue was $141.05 million, an increase of 2.74% compared to the previous year's $137.28 million. Earnings were $14.79 million, an increase of 11.04%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GMRE stock is "Strong Buy" and the 12-month stock price forecast is $10.0.
News
![](https://cdn.snapi.dev/images/v1/y/v/5-roughed-up-reits-with-11-ave-2503791.jpg)
5 Roughed-Up REITs With 11%+ Average Yields
I love the economics of real estate. But a landlord I'm not.
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Global Medical REIT Inc. Releases Corporate Social Responsibility Report
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases ...
![](https://cdn.snapi.dev/images/v1/i/h/press11-2467268.jpg)
Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases ...
![](https://cdn.snapi.dev/images/v1/t/5/press16-2416177.jpg)
Global Medical REIT Announces First Quarter 2024 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases ...
![](https://cdn.snapi.dev/images/v1/t/v/conf2-2386703.jpg)
Global Medical REIT Inc. Announces Dates for First Quarter Earnings Release and Webcast
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases ...
![](https://cdn.snapi.dev/images/v1/a/t/press12-2314234.jpg)
Global Medical REIT Inc. Board Declares 2024 First Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/u/v/press9-2296916.jpg)
Global Medical REIT Announces Fourth Quarter and Year-End 2023 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/k/4/conf20-2272314.jpg)
Global Medical REIT Inc. Announces Dates for 2023 Fourth Quarter and Year-End Earnings Release and Webcast
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/k/x/press14-2247312.jpg)
Global Medical REIT Reports Tax Treatment of 2023 Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/o/w/press4-2193655.jpg)
Global Medical REIT Inc. Board Declares 2023 Fourth Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/l/o/lock-in-9-reit-yields-before-they-disappear-2171406.jpg)
Lock In 9%+ REIT Yields Before They Disappear
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Global Medical REIT Announces Third Quarter 2023 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/s/3/conf20-2109835.jpg)
Global Medical REIT Inc. Announces Dates for Third Quarter Earnings Release and Webcast
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/5/r/press2-2055136.jpg)
Global Medical REIT Inc. Board Declares 2023 Third Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/8/m/press13-2002600.jpg)
Global Medical REIT Announces Second Quarter 2023 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/i/a/conf1-1979035.jpg)
Global Medical REIT Inc. Announces Dates for Second Quarter Earnings Release and Webcast
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/4/4/press16-1927865.jpg)
Global Medical REIT Inc. Board Declares 2023 Second Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/e/c/im-796644size1777777777777778width800-1926583.jpg)
Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.
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Global Medical REIT Announces First Quarter 2023 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facili...
![](https://cdn.snapi.dev/images/v1/p/q/press10-1791112.jpg)
Global Medical REIT Inc. Board Declares 2023 First Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...
![](https://cdn.snapi.dev/images/v1/q/d/press6-1775619.jpg)
Global Medical REIT Announces Fourth Quarter and Year-End 2022 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facili...
![](https://cdn.snapi.dev/images/v1/q/5/conf10-1752466.jpg)
Global Medical REIT Inc. Announces Dates for 2022 Fourth Quarter and Year-End Earnings Release and Webcast
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare f...
![](https://cdn.snapi.dev/images/v1/4/y/press3-1728445.jpg)
Global Medical REIT Reports Tax Treatment of 2022 Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built h...
![](https://cdn.snapi.dev/images/v1/m/k/press2-1710147.jpg)
Global Medical REIT Announces That Pipeline Health Will Assume its Leases at White Rock Hospital in Dallas, Texas
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built h...
![](https://cdn.snapi.dev/images/v1/u/m/press10-1666987.jpg)
Global Medical REIT Inc. Board Declares 2022 Fourth Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare...