tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Global Medical REIT Announces Preferred Stock Offering

Story Highlights
Global Medical REIT Announces Preferred Stock Offering

TipRanks Black Friday Sale

An announcement from Global Medical REIT ( (GMRE) ) is now available.

On November 13, 2025, Global Medical REIT Inc. and its operating partnership entered into an Underwriting Agreement with several underwriters for the issuance and sale of 2,000,000 shares of its 8.00% Series B cumulative redeemable preferred stock, with an option for an additional 300,000 shares. The offering is expected to close on November 20, 2025, with proceeds intended to be contributed to the operating partnership. Additionally, the company amended its Agreement of Limited Partnership to accommodate the issuance of Series B Preferred Units, mirroring the terms of the preferred stock. This strategic move is aimed at strengthening the company’s financial structure and enhancing its market position.

The most recent analyst rating on (GMRE) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Global Medical REIT stock, see the GMRE Stock Forecast page.

Spark’s Take on GMRE Stock

According to Spark, TipRanks’ AI Analyst, GMRE is a Neutral.

Global Medical REIT’s overall stock score is primarily impacted by financial performance challenges, including negative profitability and cash flow issues. While the earnings call provided some positive insights into debt management and NOI growth, the technical indicators suggest a bearish trend, and the valuation metrics highlight significant risks. The high dividend yield may appeal to some investors, but the underlying financial instability poses a considerable risk.

To see Spark’s full report on GMRE stock, click here.

More about Global Medical REIT

Global Medical REIT Inc. operates in the healthcare real estate sector, focusing on acquiring and managing healthcare facilities leased to medical operators with established practices.

Average Trading Volume: 197,042

Technical Sentiment Signal: Sell

Current Market Cap: $476.4M

See more data about GMRE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1