Global Medical REIT Inc. (GMRE)

NYSE: GMRE · Real-Time Price · USD
6.24
-0.07 (-1.19%)
Jun 5, 2025, 4:00 PM - Market closed
-1.19%
Market Cap 431.33M
Revenue (ttm) 138.22M
Net Income (ttm) 2.12M
Shares Out 69.12M
EPS (ttm) 0.03
PE Ratio 196.04
Forward PE 95.36
Dividend $0.78 (12.43%)
Ex-Dividend Date Jun 20, 2025
Volume 341,116
Open 6.29
Previous Close 6.31
Day's Range 6.20 - 6.31
52-Week Range 6.06 - 10.46
Beta 1.18
Analysts Buy
Price Target 10.38 (+66.35%)
Earnings Date Aug 5, 2025

About GMRE

Global medical REIT inc. (GMRE) is a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. [Read more]

Sector Real Estate
Founded 2011
Employees 26
Stock Exchange NYSE
Ticker Symbol GMRE
Full Company Profile

Financial Performance

In 2024, Global Medical REIT's revenue was $138.76 million, a decrease of -1.62% compared to the previous year's $141.05 million. Earnings were $811,000, a decrease of -94.52%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GMRE stock is "Buy." The 12-month stock price forecast is $10.38, which is an increase of 66.35% from the latest price.

Price Target
$10.38
(66.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending th...

4 days ago - Seeking Alpha

Global Medical REIT Inc. Board Declares 2025 Second Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. Board Declares 2025 Second Quarter Common and Preferred Dividends.

7 days ago - Business Wire

8-12% Yielding REITs: One To Buy, One To Avoid (It May Cut)

Since the COVID-19, REITs have experienced massive waves of volatility. Now, the REIT segment seems to have finally stabilized. The good thing is that the stabilization has occured at a level that off...

Other symbols: APLEVNQ
16 days ago - Seeking Alpha

Top 3 Real Estate Stocks You'll Regret Missing This Quarter

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: DOCOPI
21 days ago - Benzinga

Global Medical REIT, Inc. (GMRE) Q1 2025 Earnings Call Transcript

Global Medical REIT, Inc. (NYSE:GMRE) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Stephen Swett - Investor Relations Jeffrey Busch - Chief Executive Officer, Chairman...

4 weeks ago - Seeking Alpha

Global Medical REIT Announces First Quarter 2025 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 ...

4 weeks ago - Business Wire

The State Of REITs: April 2025 Edition

REITs finished the first quarter of 2025 in the red (-3.36%) with a brutal -4.92% average total return in March. Large cap (-2.04%) and mid cap REITs (-2.63%) saw modest losses, but small caps (-4.16%...

6 weeks ago - Seeking Alpha

Global Medical REIT: Buy The Dip On This High Yield

Global Medical REIT offers a high 11.4% dividend yield, supported by a diversified portfolio of mission-critical medical properties with strong tenant rent coverage. GMRE's portfolio includes 92% trip...

7 weeks ago - Seeking Alpha

Global Medical REIT: A Buying Opportunity Emerges In The 7.5% Preferred Shares (Rating Upgrade)

Global Medical REIT is a triple-net healthcare REIT focused on medical office buildings and inpatient rehabilitation facilities. The REIT's preferred shares have recently dipped below par value, allow...

7 weeks ago - Seeking Alpha

Global Medical REIT Inc. Announces Dates for 2025 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 ...

7 weeks ago - Business Wire

Two High Yielding REITs Going From Bargains To Screaming Buys

REITs have underperformed the market both before and after the tariffs. The valuations are low in this space, and for some players, the entry points have become extremely compelling. I discuss two 9%+...

Other symbols: APLESPYVNQ
7 weeks ago - Seeking Alpha

Mousetraps: 9 High-Yield REITS With Potentially Unsafe Dividends

The recent sell-off has increased the temptation to reach for some of the many high-yield REITs, but beware of "mousetrap" REITs with unsustainable dividends. Dividend safety is crucial; a cut can lea...

Other symbols: ALXBDNBFSBHRBRTBXPCCI
2 months ago - Seeking Alpha

Real Estate Joint Ventures: Rarely Equal Partners

Joint ventures in real estate often have unequal terms, requiring careful scrutiny to ensure fair share and avoid potential pitfalls for REITs. Key JV terms include capital contribution ratios, sharin...

Other symbols: PCH
2 months ago - Seeking Alpha

REITs Rally As Rates Tumble

US equity markets declined for the fourth week in the past five after a frenetic slate of geopolitical headlines and economic data indicated a sluggish start to 2025 for global growth. The Atlanta Fed...

Other symbols: AHRAVBBBREBXCCIDRNDRV
3 months ago - Seeking Alpha

Global Medical REIT Inc. (GMRE) Q4 2024 Earnings Call Transcript

Global Medical REIT Inc. (NYSE:GMRE) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Stephen Swett - Investor Relations Jeff Busch - Chief Executive Officer Alfonzo...

3 months ago - Seeking Alpha

Buried Treasures: 4 Dramatically Undervalued REITs

REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...

3 months ago - Seeking Alpha

Global Medical REIT Announces Fourth Quarter and Full Year 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 ...

3 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for 2024 Fourth Quarter and Year-End Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. Announces Dates for 2024 Fourth Quarter and Year-End Earnings Release and Webcast.

3 months ago - Business Wire

REITs To Avoid This Year

I am very bullish on REITs. But I still recognize that this sector is full of landmines. I highlight REITs to avoid this year.

Other symbols: GTYILPTLAMROUTVNQWY
4 months ago - Seeking Alpha

Global Medical REIT: Undervalued With Strong Rent Coverage And Occupancy

Global Medical REIT offers a quality portfolio of healthcare facilities with long-term, triple-net leases, benefiting from favorable demographic trends and a strong tenant base. GMRE's current discoun...

4 months ago - Seeking Alpha

Global Medical REIT Reports Tax Treatment of 2024 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 ...

4 months ago - Business Wire

Global Medical REIT: Attractive Valuation Despite Refinancing Headwinds

Global Medical REIT primarily invests in outpatient medical facilities, with the company's largest markets being Texas, Florida, and Ohio. The REIT should generate marginally higher AFFO in 2025 thank...

4 months ago - Seeking Alpha

My Biggest Losses Of 2024

No one bats a thousand. Not me. Not you. Not Warren Buffett. I suffered massive losses on two investments in 2024. Here they are.

4 months ago - Seeking Alpha

Global Medical REIT Announces Succession Plan

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Announces Succession Plan Chief Executive Officer Transition Expected in 2025.

5 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2024 Fourth 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 ...

6 months ago - Business Wire