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Global Medical REIT (GMRE)
NYSE:GMRE
GMRE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.33 - $10.46
Previous CloseN/A
Volume238.52K
Average Volume (3M)484.06K
Market Cap
$631.13M
Enterprise Value$1.26B
Total Cash (Recent Filing)$12.31K
Total Debt (Recent Filing)$380.00
Price to Earnings (P/E)710.6
Beta0.91
Next Earnings
Apr 30, 2025EPS Estimate
0.01Last Dividend Ex-Date
Mar 21, 2025Dividend Yield9.61%
Share Statistics
EPS (TTM)0.01
Shares Outstanding66,871,230
10 Day Avg. Volume479,283
30 Day Avg. Volume484,061
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.04
Price to Cash Flow (P/CF)6.80
P/FCF Ratio0.00
Enterprise Value/Market Cap2.00
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit9.09
Enterprise Value/Ebitda12.87
Forecast
1Y Price Target
$10.95Price Target Upside25.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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Global Medical REIT News
PremiumCompany Announcements
Global Medical REIT Reports 2024 Earnings and Strategic Moves
PremiumCompany Announcements
Global Medical REIT’s Earnings Call: Achievements and Challenges
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Bulls Say, Bears Say
Bulls Say
AcquisitionsGMRE announced a $70mm portfolio acquisition without increasing leverage to inappropriate levels, demonstrating strong acquisition strategies.
New VenturesThe company formed a new venture with Heitman, focusing on a core-plus investment strategy, allowing expansion of its acquisition pipeline without additional balance sheet risk.
Tenant ManagementThe announcement of a replacement tenant for a hospital formerly leased by Steward Healthcare removes an overhang and is a positive development.
Bears Say
Capital Markets ChallengesAnalyst remains at a Market Perform rating as capital markets present challenges for the company.
Expense IncreaseExpenses rose by 15% from the previous year due to the cost associated with the CEO succession plan.
Stock Trading And FinancingManagement may need to use the credit facility for a newly announced portfolio deal given the stock has traded down and limited its ability to finance with equity.
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Ownership Overview
0.09%
Insiders
16.32% Mutual Funds
10.74% Other Institutional Investors
53.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GMRE FAQ
What was Global Medical REIT’s price range in the past 12 months?
Global Medical REIT lowest stock price was $7.33 and its highest was $10.46 in the past 12 months.
What is Global Medical REIT’s market cap?
Global Medical REIT’s market cap is $631.13M.
When is Global Medical REIT’s upcoming earnings report date?
Global Medical REIT’s upcoming earnings report date is Apr 30, 2025 which is in 29 days.
How were Global Medical REIT’s earnings last quarter?
Global Medical REIT released its earnings results on Feb 27, 2025. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0 by $0.02.
Is Global Medical REIT overvalued?
According to Wall Street analysts Global Medical REIT’s price is currently Undervalued.
Does Global Medical REIT pay dividends?
Global Medical REIT pays a Quarterly dividend of $0.209 which represents an annual dividend yield of 9.61%. See more information on Global Medical REIT dividends here
What is Global Medical REIT’s EPS estimate?
Global Medical REIT’s EPS estimate is 0.01.
How many shares outstanding does Global Medical REIT have?
Global Medical REIT has 66,871,230 shares outstanding.
What happened to Global Medical REIT’s price movement after its last earnings report?
Global Medical REIT reported an EPS of $0.02 in its last earnings report, beating expectations of $0. Following the earnings report the stock price went up 3.744%.
Which hedge fund is a major shareholder of Global Medical REIT?
Currently, no hedge funds are holding shares in GMRE
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Global Medical REIT Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.95 (25.29% Upside)
$10.95 (25.29% Upside)
Blogger Sentiment
Bullish
GMRE Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 93.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.2%
Last 30 Days ▲ 31.8%
Last 30 Days ▲ 31.8%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.85%
12-Months-Change
Fundamentals
Return on Equity
1.19%
Trailing 12-Months
Asset Growth
-0.88%
Trailing 12-Months
Company Description
Global Medical REIT
Global Medical REIT (GMRE) is a real estate investment trust focused on acquiring and managing healthcare facilities across the United States. The company primarily invests in specialized healthcare real estate including hospitals, outpatient treatment centers, and other medical facilities. GMRE's portfolio is strategically diversified to encompass a range of property types within the healthcare sector, ensuring steady income through long-term lease agreements with healthcare providers.
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GMRE Company Deck
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GMRE Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlighted strong portfolio performance with significant acquisitions and successful joint venture formation, but also noted challenges such as a reduction in FFO due to severance costs, a major tenant bankruptcy, and increased expenses. Despite the positive achievements, these challenges cannot be overlooked.Read More>---
GMRE Stock 12 Month Forecast
Average Price Target
$10.95
▲(25.29% Upside)
Technical Analysis
Healthpeak Properties
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National Health Investors
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Ventas
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Medical Properties
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Healthcare Realty Trust
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Best Analysts Covering GMRE
1 Year
1 Year Success Rate
19/23 ratings generated profit
1 Year Average Return
+17.16%
reiterated a buy rating 5 months ago
Copying Bryan Maher's trades and holding each position for 1 Year would result in 82.61% of your transactions generating a profit, with an average return of +17.16% per trade.
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