Global Medical REIT Inc. (GMRE)
NYSE: GMRE · Real-Time Price · USD
8.89
+0.10 (1.14%)
At close: Nov 13, 2024, 4:00 PM
8.98
+0.09 (1.01%)
Pre-market: Nov 14, 2024, 8:00 AM EST

Global Medical REIT Statistics

Total Valuation

GMRE has a market cap or net worth of $613.84 million. The enterprise value is $1.31 billion.

Market Cap 613.84M
Enterprise Value 1.31B

Important Dates

The last earnings date was Wednesday, November 6, 2024, after market close.

Earnings Date Nov 6, 2024
Ex-Dividend Date Sep 20, 2024

Share Statistics

GMRE has 69.05 million shares outstanding. The number of shares has increased by 0.12% in one year.

Current Share Class 66.80M
Shares Outstanding 69.05M
Shares Change (YoY) +0.12%
Shares Change (QoQ) +0.23%
Owned by Insiders (%) 0.09%
Owned by Institutions (%) 59.26%
Float 63.03M

Valuation Ratios

Price/FFO Ratio n/a
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE 169.33
PS Ratio 4.27
Forward PS 4.22
PB Ratio 1.27
P/TBV Ratio 1.45
P/FCF Ratio 9.07
P/OCF Ratio 9.07
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.06, with an EV/FCF ratio of 19.32.

EV / Earnings n/a
EV / Sales 9.57
EV / EBITDA 15.06
EV / EBIT 37.51
EV / FCF 19.32

Financial Position

The company has a current ratio of 2.09, with a Debt / Equity ratio of 1.13.

Current Ratio 2.09
Quick Ratio 1.88
Debt / Equity 1.13
Debt / EBITDA 6.94
Debt / FCF 9.41
Interest Coverage 1.24

Financial Efficiency

Return on equity (ROE) is 0.72% and return on invested capital (ROIC) is 1.77%.

Return on Equity (ROE) 0.72%
Return on Assets (ROA) 1.71%
Return on Capital (ROIC) 1.77%
Revenue Per Employee $5.25M
Profits Per Employee -$53,962
Employee Count 26
Asset Turnover 0.11
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -3.89% in the last 52 weeks. The beta is 1.28, so GMRE's price volatility has been higher than the market average.

Beta (5Y) 1.28
52-Week Price Change -3.89%
50-Day Moving Average 9.44
200-Day Moving Average 9.12
Relative Strength Index (RSI) 38.05
Average Volume (20 Days) 339,065

Short Selling Information

The latest short interest is 1.20 million, so 1.74% of the outstanding shares have been sold short.

Short Interest 1.20M
Short Previous Month 1.20M
Short % of Shares Out 1.74%
Short % of Float 1.91%
Short Ratio (days to cover) 4.31

Income Statement

In the last 12 months, GMRE had revenue of $136.59 million and -$1.40 million in losses. Loss per share was -$0.02.

Revenue 136.59M
Gross Profit 136.59M
Operating Income 34.84M
Pretax Income 5.77M
Net Income -1.40M
EBITDA 86.76M
EBIT 34.84M
Loss Per Share -$0.02
Full Income Statement

Balance Sheet

The company has $20.69 million in cash and $636.42 million in debt, giving a net cash position of -$615.73 million or -$8.92 per share.

Cash & Cash Equivalents 20.69M
Total Debt 636.42M
Net Cash -615.73M
Net Cash Per Share -$8.92
Equity (Book Value) 564.61M
Book Value Per Share 7.00
Working Capital 32.81M
Full Balance Sheet

Cash Flow

Operating Cash Flow 67.65M
Capital Expenditures n/a
Free Cash Flow 67.65M
FCF Per Share $0.98
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 25.50% and 3.24%.

Gross Margin 100.00%
Operating Margin 25.50%
Pretax Margin 3.15%
Profit Margin 3.24%
EBITDA Margin 63.52%
EBIT Margin 25.50%
FCF Margin 53.03%

Dividends & Yields

This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 9.45%.

Dividend Per Share $0.84
Dividend Yield 9.45%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.12%
Shareholder Yield 9.33%
Earnings Yield -0.23%
FCF Yield 11.02%
Dividend Details

Analyst Forecast

The average price target for GMRE is $10.88, which is 22.39% higher than the current price. The consensus rating is "Strong Buy".

Price Target $10.88
Price Target Difference 22.39%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 17, 2014. It was a reverse split with a ratio of 0.0025:1.

Last Split Date Nov 17, 2014
Split Type Reverse
Split Ratio 0.0025:1

Scores

Altman Z-Score n/a
Piotroski F-Score 4