Summary
10.00 0.35(3.58%)09/13/2024
Global Medical REIT Inc (GMRE)
Global Medical REIT Inc (GMRE)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 3.58 | 9.35 | 11.18 | 9.59 | 11.93 | 4.55 | 13.73 | 50.16 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 10.00 | |
| Open | 9.75 | |
| High | 10.00 | |
| Low | 9.74 | |
| Volume | 262,372 | |
| Change | 0.35 | |
| Change % | 3.58 | |
| Avg Volume (20 Days) | 299,397 | |
| Volume/Avg Volume (20 Days) Ratio | 0.88 | |
| 52 Week Range | 7.98 - 11.59 | |
| Price vs 52 Week High | -13.76% | |
| Price vs 52 Week Low | 25.25% | |
| Range | 2.51 | |
| Gap Up/Down | 0.07 | |
Fundamentals | ||
| Market Capitalization (Mln) | 655 | |
| EBIDTA | 76,740,000 | |
| PE Ratio | 101.6250 | |
| PEG Ratio | -26.2800 | |
| WallStreet Target Price | 18.67 | |
| Book Value | 8.4220 | |
| Earnings Per Share | 0.1600 | |
| EPS Estimate Current Quarter | 0.0500 | |
| EPS Estimate Next Quarter | 0.0600 | |
| EPS Estimate Current Year | 0.1900 | |
| EPS Estimate Next Year | 0.3700 | |
| Diluted EPS (TTM) | 0.1600 | |
| Revenues | ||
| Profit Marging | 0.1347 | |
| Operating Marging (TTM) | 0.3236 | |
| Return on asset (TTM) | 0.0197 | |
| Return on equity (TTM) | 0.0286 | |
| Revenue TTM | 110,522,000 | |
| Revenue per share TTM | 1.9500 | |
| Quarterly Revenue Growth (YOY) | 0.1950 | |
| Quarterly Earnings Growth (YOY) | 8.2870 | |
| Gross Profit (TTM) | 87,795,000 | |
| Dividends | ||
| Dividend Share | 0.8150 | |
| Dividend Yield | 0.0494 | |
| Valuations | ||
| Trailing PE | 101.6250 | |
| Forward PE | 39.0625 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.9722 | |
| Revenue Enterprise Value | 15.3667 | |
| EBITDA Enterprise Value | 21.2233 | |
| Shares | ||
| Shares Outstanding | 64,207,900 | |
| Shares Float | 60,436,350 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 5.87 | |
| Institutions (%) | 73.98 | |
09/09 12:41 EST - zacks.com
GMRE or CDP: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?
GMRE or CDP: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?
09/05 16:05 EST - businesswire.com
Global Medical REIT Inc. Board Declares 2024 Third Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2024 third quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 third quarter cash dividen.
Global Medical REIT Inc. Board Declares 2024 Third Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2024 third quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 third quarter cash dividen.
09/03 08:15 EST - seekingalpha.com
I Sold These REITs
The REIT market is vast and versatile. Not all REITs are equally attractive. Here are three REITs that I sold recently.
I Sold These REITs
The REIT market is vast and versatile. Not all REITs are equally attractive. Here are three REITs that I sold recently.
08/23 12:40 EST - zacks.com
GMRE vs. CDP: Which Stock Is the Better Value Option?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?
GMRE vs. CDP: Which Stock Is the Better Value Option?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?
08/20 20:58 EST - seekingalpha.com
Two 9% Yielding REITs, Where It's Worth Waiting A Bit Before Buying
The current interest rate environment offers yield-seeking investors opportunities for ~ 7% yields without sacrificing quality. However, to move closer to double-digit yield territory, things become more tricky and investors have to be very selective to avoid unpleasant surprises. In this article, I elaborate on two equity REITs, which yield 9% and above.
Two 9% Yielding REITs, Where It's Worth Waiting A Bit Before Buying
The current interest rate environment offers yield-seeking investors opportunities for ~ 7% yields without sacrificing quality. However, to move closer to double-digit yield territory, things become more tricky and investors have to be very selective to avoid unpleasant surprises. In this article, I elaborate on two equity REITs, which yield 9% and above.
08/19 09:38 EST - 247wallst.com
Want $13,500? Check Out These High Dividend REIT Stocks
24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital.
Want $13,500? Check Out These High Dividend REIT Stocks
24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital.
08/11 12:21 EST - seekingalpha.com
Slate Grocery REIT: Still A Hold Until The Inflection Point Later This Year
Slate Grocery REIT has still a dirt cheap multiple, high dividend yield, and strong fundamentals, similar to Global Medical REIT. Currently, Slate carries ~ 30% discount to its closest peers, while having industry-leading organic growth profile stemming from the below market level rent convergence. However, just as GMRE, Slate is exposed to refinancing risk from the 2024 and 2025 debt maturities pushing the interest costs higher.
Slate Grocery REIT: Still A Hold Until The Inflection Point Later This Year
Slate Grocery REIT has still a dirt cheap multiple, high dividend yield, and strong fundamentals, similar to Global Medical REIT. Currently, Slate carries ~ 30% discount to its closest peers, while having industry-leading organic growth profile stemming from the below market level rent convergence. However, just as GMRE, Slate is exposed to refinancing risk from the 2024 and 2025 debt maturities pushing the interest costs higher.
08/11 08:15 EST - seekingalpha.com
Global Medical: Steward Issues Could Force Dividend Cut
GMRE Q2-2024 numbers show challenges in rental revenues and FFO despite high occupancy. Steward Health Care bankruptcy poses additional headwinds. We go over the risks for a dividend cut and tell you how we are playing it.
Global Medical: Steward Issues Could Force Dividend Cut
GMRE Q2-2024 numbers show challenges in rental revenues and FFO despite high occupancy. Steward Health Care bankruptcy poses additional headwinds. We go over the risks for a dividend cut and tell you how we are playing it.
08/11 03:39 EST - seekingalpha.com
Global Medical REIT: Stability Across The Board, But More Is Needed To Be Bullish
Q2, 2024 earnings results for Global Medical showed a decrease in FFO and AFFO compared to the prior-year quarter. The major driver for this was the relatively recently conducted dispositions, which quite naturally have imposed a drag on the top line. In this quarter, however, we can see how GMRE has started to deploy this capital at higher cap rates, thus aiming for a positive spread capture.
Global Medical REIT: Stability Across The Board, But More Is Needed To Be Bullish
Q2, 2024 earnings results for Global Medical showed a decrease in FFO and AFFO compared to the prior-year quarter. The major driver for this was the relatively recently conducted dispositions, which quite naturally have imposed a drag on the top line. In this quarter, however, we can see how GMRE has started to deploy this capital at higher cap rates, thus aiming for a positive spread capture.
08/07 12:18 EST - seekingalpha.com
Global Medical REIT, Inc. (GMRE) Q2 2024 Earnings Call Transcript
Global Medical REIT, Inc. (NYSE:GMRE ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Stephen Swett - ICR, Investor Relations Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Robert Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Operator Greetings and welcome to Global Medical REIT Second Quarter 2024 Earnings Conference Call.
Global Medical REIT, Inc. (GMRE) Q2 2024 Earnings Call Transcript
Global Medical REIT, Inc. (NYSE:GMRE ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Stephen Swett - ICR, Investor Relations Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Robert Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Operator Greetings and welcome to Global Medical REIT Second Quarter 2024 Earnings Conference Call.
08/06 19:15 EST - zacks.com
Global Medical REIT (GMRE) Meets Q2 FFO Estimates
Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago.
Global Medical REIT (GMRE) Meets Q2 FFO Estimates
Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago.
08/02 08:30 EST - seekingalpha.com
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.
07/19 10:00 EST - seekingalpha.com
Picking A Winner In High-Yield REITs
REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avoid potential dividend cuts and share price sell-offs. Market cap, balance sheet strength, FFO growth forecast, dividend score, and price are key factors in identifying the best high-yield REIT for investment.
Picking A Winner In High-Yield REITs
REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avoid potential dividend cuts and share price sell-offs. Market cap, balance sheet strength, FFO growth forecast, dividend score, and price are key factors in identifying the best high-yield REIT for investment.
07/16 16:15 EST - businesswire.com
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 real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that it intends to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the foll.
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 real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that it intends to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the foll.
06/30 11:15 EST - forbes.com
5 Roughed-Up REITs With 11%+ Average Yields
I love the economics of real estate. But a landlord I'm not.
5 Roughed-Up REITs With 11%+ Average Yields
I love the economics of real estate. But a landlord I'm not.
06/28 07:00 EST - businesswire.com
Global Medical REIT Inc. Releases Corporate Social Responsibility Report
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced the publication of the Company's Corporate Social Responsibility Report (“the Report”) detailing its approach to environmental, social, and governance (ESG) topics. Jeffrey M. Busch, Chairman, Chief E.
Global Medical REIT Inc. Releases Corporate Social Responsibility Report
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced the publication of the Company's Corporate Social Responsibility Report (“the Report”) detailing its approach to environmental, social, and governance (ESG) topics. Jeffrey M. Busch, Chairman, Chief E.
06/26 23:14 EST - seekingalpha.com
2 De-Risked 9% Yielding Picks That I Own In My Portfolio
The current interest rates levels enable more high yield opportunities. Yet, to achieve close to double digit yields, in most cases, investors have to take excessive risk. In this article I present two de-risked ~ 9% yielders, which I also own in my high yield seeking investment portfolio.
2 De-Risked 9% Yielding Picks That I Own In My Portfolio
The current interest rates levels enable more high yield opportunities. Yet, to achieve close to double digit yields, in most cases, investors have to take excessive risk. In this article I present two de-risked ~ 9% yielders, which I also own in my high yield seeking investment portfolio.
06/26 09:06 EST - seekingalpha.com
Global Medical: The Yield Is Not Too Good To Be True
Global Medical's portfolio consists of 185 properties across 34 states, with strong rent coverage and tenant diversification. GMRE pays a high dividend yield of 9.53% and the payout ratio is 92.3%, but I think a dividend cut is unlikely. Demand for medical services is resilient and the REIT has manageable debt levels to take advantage of it in the long term.
Global Medical: The Yield Is Not Too Good To Be True
Global Medical's portfolio consists of 185 properties across 34 states, with strong rent coverage and tenant diversification. GMRE pays a high dividend yield of 9.53% and the payout ratio is 92.3%, but I think a dividend cut is unlikely. Demand for medical services is resilient and the REIT has manageable debt levels to take advantage of it in the long term.
06/06 16:05 EST - businesswire.com
Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2024 second quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 second quarter cash divid.
Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2024 second quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 second quarter cash divid.
05/29 09:00 EST - seekingalpha.com
Picking A Winner In Healthcare REITs
Healthcare REITs performed well during the recent earnings season. The sector showed strength and resilience in the face of economic challenges, and enjoys strong tailwinds from the aging of the U.S. population. This article examines growth, balance sheet, dividend, and valuation metrics of 16 Healthcare REITs, to identify the best investment from this sector.
Picking A Winner In Healthcare REITs
Healthcare REITs performed well during the recent earnings season. The sector showed strength and resilience in the face of economic challenges, and enjoys strong tailwinds from the aging of the U.S. population. This article examines growth, balance sheet, dividend, and valuation metrics of 16 Healthcare REITs, to identify the best investment from this sector.