Global Medical REIT Inc. (GMRE)

NYSE: GMRE · Real-Time Price · USD

8.64

-0.03 (-0.35%)

Nov 20, 2024, 4:00 PM EST - Market closed

-0.35% (1D)

Market Cap	596.57M
Revenue (ttm)	136.59M
Net Income (ttm)	-1.40M
Shares Out	69.05M
EPS (ttm)	-0.02
PE Ratio	n/a
Forward PE	154.84
Dividend	$0.84 (9.72%)
Ex-Dividend Date	Sep 20, 2024

Volume	271,401
Open	8.63
Previous Close	8.67
Day's Range	8.53 - 8.67
52-Week Range	7.98 - 11.59
Beta	1.28
Analysts	Strong Buy
Price Target	10.88 (+25.93%)
Earnings Date	Nov 6, 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]

Industry REIT - Healthcare Facilities

Sector Real Estate

Founded 2011

Employees 26

Stock Exchange NYSE

Ticker Symbol GMRE

Website https://www.globalmedicalreit.com

Full Company Profile

Financial Performance

In 2023, Global Medical REIT'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 Statements

Analyst Forecast

According to 2 analysts, the average rating for GMRE stock is "Strong Buy." The 12-month stock price forecast is $10.88, which is an increase of 25.93% from the latest price.

Price Target

$10.88

(25.93% upside)

Analyst Consensus: Strong Buy

Stock Forecasts

News

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Global Medical REIT, Inc. (GMRE) Q3 2024 Earnings Call Transcript

Global Medical REIT, Inc. (NYSE:GMRE) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Steve Swett - IR Jeff Busch - CEO Alfonzo Leon - CIO Bob Kiernan - CFO Conferen...

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Global Medical REIT Announces Third Quarter 2024 Financial Results

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Global Medical REIT Inc. Announces Dates for Third Quarter Earnings Release and Webcast

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Global Medical REIT's Underwriting Is Demonstrated To Be Effective

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