Global Medical REIT Inc. (GMRE)

NYSE: GMRE · IEX Real-Time Price · USD
9.91
+0.08 (0.81%)
Dec 7, 2022 4:00 PM EST - Market closed
0.81%
Market Cap 685.39M
Revenue (ttm) 131.32M
Net Income (ttm) 16.76M
Shares Out 65.52M
EPS (ttm) 0.26
PE Ratio 38.12
Forward PE 56.82
Dividend $1.04 (10.49%)
Ex-Dividend Date Sep 22, 2022
Volume 682,516
Open 9.88
Previous Close 9.83
Day's Range 9.82 - 10.06
52-Week Range 7.01 - 18.51
Beta 1.06
Analysts Buy
Price Target 11.80 (+19.1%)
Earnings Date Nov 2, 2022

About GMRE

Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share. [Read more]

Industry Equity Real Estate Investment Trusts (REITs)
CEO Jeffrey Busch
Employees 26
Stock Exchange NYSE
Ticker Symbol GMRE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for GMRE stock is "Buy." The 12-month stock price forecast is 11.8, which is an increase of 19.07% from the latest price.

Price Target
$11.8
(19.07% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 f...

5 hours ago - Business Wire

20 dividend stocks with high yields that have become more attractive right now

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow is ...

1 week ago - Market Watch

Global Medical REIT (GMRE) Q3 FFO Lag Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of -3.85% and 2.15%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

2 High-Yielding Dividend Stocks Worth the Risk and 1 That Isn't

Not all medical REITs are created equal.

Other symbols: MPWOHI
1 month ago - The Motley Fool

GMRE or CUBE: Which Is the Better Value Stock Right Now?

GMRE vs. CUBE: Which Stock Is the Better Value Option?

Other symbols: CUBE
2 months ago - Zacks Investment Research

Global Medical REIT Inc. Board Declares 2022 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 purpose-built healthcare fac...

2 months ago - Business Wire

Global Medical REIT (GMRE) Q2 FFO Miss Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of -3.85% and 5.91%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Global Medical REIT Announces Second Quarter 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 purpose-built healt...

4 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for Second Quarter 2022 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 fac...

4 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2022 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 purpose-built healthcare fac...

5 months ago - Business Wire

7 Dividend Stocks to Buy That Analysts Love

These dividend stocks distribute high yields and have strong buy ratings, making them great opportunities for passive income investors. The post 7 Dividend Stocks to Buy That Analysts Love appeared firs...

Other symbols: BTGFANGFTAILCIIPSXRCII
6 months ago - InvestorPlace

Global Medical REIT (GMRE) Q1 FFO Lag Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of -7.69% and 4.03%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Global Medical REIT Announces First Quarter 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 purpose-built healt...

7 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for First Quarter 2022 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 fac...

7 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2022 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 purpose-built healthcare fac...

8 months ago - Business Wire

Global Medical REIT (GMRE) Meets Q4 FFO Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 0% and 0.94%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Global Medical REIT Announces Fourth Quarter 2021 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 purpose-built healt...

9 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for 2021 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 fac...

9 months ago - Business Wire

Global Medical REIT Inc. Releases Inaugural Corporate Social Responsibility Report

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) announced today the publication of the Com...

10 months ago - Business Wire

Global Medical REIT Reports Tax Treatment of 2021 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 healt...

10 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2021 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 fac...

11 months ago - Business Wire

Global Medical REIT (GMRE) Beats Q3 FFO and Revenue Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 4.35% and 3.94%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Global Medical REIT Announces Third Quarter 2021 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 purpose-built healt...

1 year ago - Business Wire