Global Medical REIT Inc. (GMRE)

Market Cap	531.81M
Revenue (ttm)	141.05M
Net Income (ttm)	14.79M
Shares Out	65.57M
EPS (ttm)	0.23
PE Ratio	35.26
Forward PE	333.33
Dividend	$0.84 (10.36%)
Ex-Dividend Date	Mar 21, 2024

Volume	316,249
Open	8.13
Previous Close	8.09
Day's Range	8.09 - 8.21
52-Week Range	7.98 - 11.59
Beta	1.15
Analysts	Strong Buy
Price Target	11.00 (+35.64%)
Earnings Date	May 7, 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.

• Industry: REIT - Healthcare Facilities
• Sector: Real Estate
• CEO: Jeffrey M. Busch
• Employees: 26
• Stock Exchange: NYSE
• Ticker Symbol: GMRE

Financial Performance

In 2023, GMRE'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%.

Analyst Forecast

According to one analyst, the rating for GMRE stock is "Strong Buy" and the 12-month stock price forecast is $11.0.

Price Target

$11.0

(35.64% upside)

Analyst Consensus: Strong Buy