Global Medical REIT Inc. (GMRE)

NYSE: GMRE · IEX Real-Time Price · USD
8.75
+0.15 (1.74%)
At close: Mar 28, 2024, 4:00 PM
8.79
+0.04 (0.46%)
After-hours: Mar 28, 2024, 7:42 PM EDT

Total Valuation

GMRE has a market cap or net worth of $617.53 million. The enterprise value is $1.22 billion.

Market Cap 617.53M
Enterprise Value 1.22B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date Mar 21, 2024

Share Statistics

GMRE has 65.57 million shares outstanding. The number of shares has increased by 0.13% in one year.

Shares Outstanding 65.57M
Shares Change (YoY) +0.13%
Shares Change (QoQ) n/a
Owned by Insiders (%) 5.77%
Owned by Institutions (%) 58.82%
Float 61.78M

Valuation Ratios

The trailing PE ratio is 38.04 and the forward PE ratio is 344.83. GMRE's PEG ratio is -26.28.

PE Ratio 38.04
Forward PE 344.83
PS Ratio 4.38
Forward PS 4.42
PB Ratio 1.06
P/FCF Ratio 4.50
PEG Ratio -26.28
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.17, with an EV/FCF ratio of 8.90.

EV / Earnings 82.63
EV / Sales 8.66
EV / EBITDA 13.17
EV / EBIT 23.73
EV / FCF 8.90

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.05
Debt / EBITDA 6.59
Debt / FCF 4.45
Interest Coverage 1.67

Financial Efficiency

Return on equity (ROE) is 2.40% and return on invested capital (ROIC) is 3.17%.

Return on Equity (ROE) 2.40%
Return on Assets (ROA) 1.10%
Return on Capital (ROIC) 3.17%
Revenue Per Employee $5.42M
Profits Per Employee $568,846
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 increased by +1.39% in the last 52 weeks. The beta is 1.15, so GMRE's price volatility has been higher than the market average.

Beta (1Y) 1.15
52-Week Price Change +1.39%
50-Day Moving Average 9.36
200-Day Moving Average 9.60
Relative Strength Index (RSI) 45.85
Average Volume (30 Days) 379,349

Short Selling Information

The latest short interest is 1.25 million, so 1.90% of the outstanding shares have been sold short.

Short Interest 1.25M
Short Previous Month 1.05M
Short % of Shares Out 1.90%
Short % of Float 2.02%
Short Ratio (days to cover) 3.02

Income Statement

In the last 12 months, GMRE had revenue of $141.05 million and earned $14.79 million in profits. Earnings per share was $0.23.

Revenue 141.05M
Gross Profit 141.05M
Operating Income 37.94M
Pretax Income 20.61M
Net Income 14.79M
EBITDA 92.77M
EBIT 51.51M
Earnings Per Share (EPS) $0.23
Full Income Statement

Balance Sheet

The company has $6.72 million in cash and $611.23 million in debt, giving a net cash position of -$604.51 million or -$9.22 per share.

Cash & Cash Equivalents 6.72M
Total Debt 611.23M
Net Cash -604.51M
Net Cash Per Share -$9.22
Equity / Book Value 583.58M
Book Value Per Share 8.90
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $68.44 million and capital expenditures $68.87 million, giving a free cash flow of $137.31 million.

Operating Cash Flow 68.44M
Capital Expenditures 68.87M
Free Cash Flow 137.31M
FCF Per Share $2.10
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 26.89% and 10.49%.

Gross Margin 100.00%
Operating Margin 26.89%
Pretax Margin 14.61%
Profit Margin 10.49%
EBITDA Margin 65.77%
EBIT Margin 36.52%
FCF Margin 97.35%

Dividends & Yields

This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 9.60%.

Dividend Per Share $0.84
Dividend Yield 9.60%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 365.22%
Buyback Yield -0.13%
Shareholder Yield 9.47%
Earnings Yield 2.40%
FCF Yield 22.24%
Dividend Details

Analyst Forecast

The average price target for GMRE is $11.00, which is 25.71% higher than the current price. The consensus rating is "Strong Buy".

Price Target $11.00
Price Target Difference 25.71%
Analyst Consensus Strong Buy
Analyst Count 1
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 1:400.

Last Split Date Nov 17, 2014
Split Type Reverse
Split Ratio 1:400

Scores

Altman Z-Score n/a
Piotroski F-Score 5