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Global Medical REIT Inc. (GMRE)

Stock Price: $13.22 USD -0.03 (-0.23%)
Updated Jan 21, 2021 4:00 PM EST - Market closed
After-hours: $13.20 -0.02 (-0.15%) Jan 21, 5:34 PM
Market Cap 638.49M
Revenue (ttm) 89.25M
Net Income (ttm) -7.60M
Shares Out 46.91M
EPS (ttm) -0.17
PE Ratio n/a
Forward PE 58.48
Dividend $0.80
Dividend Yield 6.05%
Trading Day January 21
Last Price $13.22
Previous Close $13.25
Change ($) -0.03
Change (%) -0.23%
Day's Open 13.19
Day's Range 12.95 - 13.26
Day's Volume 274,067
52-Week Range 7.49 - 14.86

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Business Wire - 1 week ago

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 heal...

Zacks Investment Research - 2 weeks ago

Global Medical REIT (GMRE) has been struggling lately, but the selling pressure may be coming to an end soon.

Seeking Alpha - 4 weeks ago

Global Medical REIT has preferred shares outstanding with a high coupon rate. The asset and dividend coverage levels are fantastic.

Business Wire - 1 month ago

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 heal...

Seeking Alpha - 1 month ago

We Are Selling A Few REITs

Other stocks mentioned: BAM, ESRT, GNL, HT, KLPEF, MAC, MNR, UBA, UBP, VNQ, WPC
Seeking Alpha - 1 month ago

There are acres and acres worth of common “stones” available out there. Some of them are obviously not worth picking up.

Other stocks mentioned: CIO
Seeking Alpha - 1 month ago

Skill and integrity of management is one of the most important aspects of a REIT. A large portion of my analysis goes into vetting management.

Other stocks mentioned: AHT, AINC, APTS, BHR, CORR, DHC, GOOD, ILPT, LXP, NXRT, OPI, RMR, SAFE, STAG, SVC
The Motley Fool - 1 month ago

Profit by seeking cash flow where few others look.

Other stocks mentioned: IIPR, PRU
Seeking Alpha - 2 months ago

Global Medical REIT Inc. (GMRE) CEO Jeff Busch on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 9.52% and 11.48%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Business Wire - 2 months ago

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-b...

Seeking Alpha - 2 months ago

Global Medical REIT has taken a road less travelled. It has stayed away from the ultra low capitalization rate medical office properties.

Business Wire - 3 months ago

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-b...

The Motley Fool - 3 months ago

The decline in elective procedures has lowered the share prices of REITs that specialize in medical office space.

Other stocks mentioned: DOC, MPW
GuruFocus - 4 months ago

According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned real estate companies have outperformed the S&P 500 Index over the past 12 months thro...

Other stocks mentioned: EARN, EQIX, HASI
Business Wire - 4 months ago

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc.

Seeking Alpha - 5 months ago

On August 6, 2020, GMRE published its Q2 figures, which beat the consensus expectations and sent the stock higher by 7.2%.

Seeking Alpha - 5 months ago

Global Medical REIT Inc. (GMRE) CEO Jeff Busch on Q2 2020 Results - Earnings Call Transcript

Business Wire - 5 months ago

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc.

Business Wire - 5 months ago

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc.

Seeking Alpha - 5 months ago

Medical Office Building REITs enjoy exceptionally high tenant rent coverage that dwarf other asset classes in healthcare.

Other stocks mentioned: DOC, HTA, MPW, VTR
Business Wire - 6 months ago

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-b...

Business Wire - 6 months ago

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 heal...

Seeking Alpha - 8 months ago

Global Medical REIT Inc. (GMRE) CEO Jeff Busch on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 8 months ago

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 0.00% and 2.91%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 8 months ago

Today we dive into 3 cheap stocks trading under $20 a share that also pay a dividend. Plus, the stocks we focused on are relatively immune from the current coronavirus economic downturn.

Other stocks mentioned: AMCR, MPW
Seeking Alpha - 9 months ago

Global Medical REIT: An Unwarranted Divergence From The Peers

Zacks Investment Research - 9 months ago

Top Ranked Income Stocks to Buy for April 9th

Other stocks mentioned: DCP, FRO
Seeking Alpha - 10 months ago

Global Medical REIT (GMRE) CEO, Jeffrey Busch on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 10 months ago

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 5.00% and 5.23%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Seeking Alpha - 11 months ago

5 REITs To Watch Closely In 2020

Other stocks mentioned: CXW, IIPR, VER
Seeking Alpha - 1 year ago

3 Small-Cap REITs That Are Set To Outperform

Other stocks mentioned: APTS, SELF
Seeking Alpha - 1 year ago

Global Medical REIT's (GMRE) CEO Jeff Busch on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 0.00% and 2.91%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Seeking Alpha - 1 year ago

2CHYP's 8.4% dividend yield is supported by high cash flow yields.

Other stocks mentioned: CBL, ELS, GEO, GNL, IRM, IYR, MAC, MPW, PEI, RLJ, SLG, STAG, SUI, UNIT, WPG
Seeking Alpha - 1 year ago

Global Medical REIT Inc. (GMRE) CEO Jeff Busch on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Global Medical REIT (GMRE) delivered FFO and revenue surprises of -5.26% and 0.81%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Seeking Alpha - 1 year ago

GMRE has quietly remained in secondary and tertiary markets taking advantage of evolving trends in how medical care is being provided.

Seeking Alpha - 1 year ago

Global Medical REIT Inc. (GMRE) CEO Jeff Busch on Q1 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Global Medical REIT (GMRE) delivered FFO and revenue surprises of -15.00% and -0.78%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

The Motley Fool - 1 year ago

GMRE earnings call for the period ending December 31, 2018.

About GMRE

Global Medical REIT 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.

Industry
REIT-Healthcare Facilities
CEO
Jeffrey Busch
Country
United States
Stock Exchange
NYSE
Ticker Symbol
GMRE
Full Company Profile

Financial Performance

In 2019, GMRE's revenue was $70.73 million, an increase of 32.96% compared to the previous year's $53.19 million. Earnings were $9.23 million, a decrease of -31.55%.

Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for GMRE stock is "Strong Buy." The 12-month stock price forecast is 15.69, which is an increase of 18.68% from the latest price.

Price Target
$15.69
(18.68% upside)
Analyst Consensus: Strong Buy