Global Medical REIT Inc ( (GMRE) ) has released its Q3 earnings. Here is a breakdown of the information Global Medical REIT Inc presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Global Medical REIT Inc. is a real estate investment trust specializing in acquiring and leasing healthcare facilities to physician groups and healthcare systems. In its third-quarter 2025 financial report, the company announced a net loss of $6.0 million, primarily due to a $6.3 million impairment charge on a facility in Aurora, IL, which was sold during the quarter. Despite this, the company reported a 4% year-over-year increase in both Funds from Operations (FFO) and Adjusted Funds from Operations (AFFO), with FFO at $14.5 million and AFFO at $16.2 million. Rental revenue rose by 8.4% to $37.0 million, driven by recent acquisitions. The company also completed a one-for-five reverse stock split and established a $50 million share repurchase program. Looking ahead, Global Medical REIT remains focused on optimizing its portfolio and maintaining high occupancy rates, with a 2025 AFFO guidance range of $4.50 to $4.60 per share.