Global Medical REIT Inc. (GMRE)

NYSE: GMRE · IEX Real-Time Price · USD
17.00 -0.15 (-0.90%)
Jan 18, 2022 1:52 PM EST - Market open
Market Cap1.09B
Revenue (ttm)110.52M
Net Income (ttm)9.06M
Shares Out64.21M
EPS (ttm)0.16
PE Ratio106.22
Forward PE39.06
Dividend$1.23 (7.24%)
Ex-Dividend DateDec 28, 2021
Volume218,677
Open17.12
Previous Close17.15
Day's Range16.97 - 17.29
52-Week Range12.40 - 18.51
Beta0.86
AnalystsStrong Buy
Price Target18.67 (+9.9%)
Earnings DateNov 3, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
CEOJeffrey Busch
Employees22
Stock ExchangeNYSE
Ticker SymbolGMRE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GMRE stock is "Strong Buy." The 12-month stock price forecast is 18.67, which is an increase of 9.86% from the latest price.

Price Target
$18.67
(9.86% upside)
Analyst Consensus: Strong Buy

News

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...

1 month 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?

2 months 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...

2 months ago - Business Wire

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 owns and acquires purpose-built healt...

3 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2021 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...

4 months ago - Business Wire

10 Best REITs for the Rest of 2021

Real estate stocks have done well in 2021; several signs suggest this outperformance could continue. These are 10 of the best REITs to watch through year's end.

4 months ago - Kiplinger

Global Medical REIT (GMRE) Tops Q2 FFO and Revenue Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 4.55% and 3.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Global Medical REIT Announces Second 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...

5 months ago - Business Wire

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 owns and acquires purpose-built healt...

6 months ago - Business Wire

5 Safe Healthcare Dividends Yielding 5.5%

Healthcare—along with consumer staples (“buying stuff”) and utilities (“keeping the lights on”)—provide portfolio stability.

Other symbols:ABBVLTCNHISBRA
6 months ago - Forbes

Global Medical REIT Inc. Board Declares 2021 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...

7 months ago - Business Wire

Global Medical REIT (GMRE) Beats Q1 FFO and Revenue Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 9.09% and 5.33%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Global Medical REIT Announces First 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...

8 months ago - Business Wire

Global Medical REIT Amends and Restates Credit Facility

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...

8 months ago - Business Wire

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 office real estate investment trust (REIT) that owns and acquires purpose-built healt...

8 months ago - Business Wire

New Strong Sell Stocks for March 29th

HTHT, FNLPF, GMRE, THRY, and GH have been added to the Zacks Rank #5 (Strong Sell) List on March 29, 2021

Other symbols:GHHTHTTHRY
9 months ago - Zacks Investment Research

Global Medical REIT Inc. Announces Pricing of Public Offering of Common Stock

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE:GMRE) (the “Company”) today announced that it has priced an underwritten public offering (the “Offering”) of 7,500,000 shares of its common...

10 months ago - Business Wire

Global Medical REIT Inc. Commences Common Stock Public Offering

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE:GMRE) (the “Company”) today commenced an underwritten public offering (the “Offering”) of 7,500,000 shares of its common stock, par value $...

10 months ago - Business Wire

Global Medical REIT (GMRE) Surpasses Q4 FFO and Revenue Estimates

Global Medical REIT (GMRE) delivered FFO and revenue surprises of 9.09% and 0.26%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Global Medical REIT Announces Fourth Quarter and Year-End 2020 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...

10 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for Fourth 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 owns and acquires purpose-built healt...

11 months ago - Business Wire

Global Medical REIT Inc. Provides Business Update and Announces Participation in the 23rd Annual ICR Conference and t...

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...

1 year ago - Business Wire

Global Medical REIT (GMRE) Sees Hammer Chart Pattern: Time to Buy?

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

1 year ago - Zacks Investment Research

Global Medical REIT Inc. Board Declares 2020 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...

1 year ago - Business Wire

Global Medical REIT (GMRE) Q3 FFO and Revenues Surpass Estimates

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?

1 year ago - Zacks Investment Research