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Global Medical REIT Inc (XRN)
NYSE:XRN
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a balanced but constructive tone: management outlined clear strategic initiatives (portfolio review, leadership appointment, disciplined capital recycling, and diversification into senior housing) and provided concrete near-term metrics and guidance. Operational performance showed strength with same-store NOI expansion and reduced leverage, and the company secured liquidity runway with no debt maturities before 2028. Notable risks remain — a challenging medical office macro environment, short-term EBIT/FFO headwinds from balance sheet actions ($0.36 of guidance impact), potential earnings dilution during disposition/redevelopment timing, and execution/operational risks as Chiron enters senior housing. Overall, positives (measurable financial improvements, strategic clarity, new investment pipeline) outweigh the manageable challenges described by management.Company Guidance
FFO and Core FFO Results
NAREIT-defined FFO per share and unit of $0.97 for the quarter; Core FFO (previously AFFO) of $1.16 per share and unit.
Same-Store NOI Growth
Same-store cash NOI increased 5.4% year-over-year and 2.9% sequentially, showing healthy operating performance across assets owned at least 15 months.
Balance Sheet Fortification
No debt maturing before 2028 after recent capital markets actions; net debt to adjusted EBITDA REIT improved to 6.2x, a reduction of 0.7x from the prior period.
Dividend and Shareholder Return Actions
Transition to a monthly dividend frequency with no change to the annual $3 per share rate; repurchased stock using proceeds from a $10 million sale in a leverage-neutral manner.
Proactive Portfolio Management and Leadership Moves
Comprehensive portfolio review and a strategic re-write of the playbook; appointed Alex Wilburn as Portfolio Manager to drive capital allocation and active asset management.
Initial 2026 Guidance
Provided 2026 core FFO guidance range of $4.30 to $4.45 per share/unit (which excludes speculative acquisitions/dispositions), conveying forward-looking expectations.
Strategic Diversification into Senior Housing
Announced intent to invest in active adult and senior housing; closed a 49% interest in a Minneapolis active adult development (expected delivery 2027) with a projected stabilized double-digit unlevered IRR and established an attractive pipeline sourced off-market.
Identified Disposition Pipeline
Identified approximately $250 million of prospective dispositions (likely IRF assets and Beaumont Surgical Hospital), with management expecting proceeds meaningfully above basis to recycle into higher-return opportunities.
XRN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
XRN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $37.20 | $36.60 | -1.61% |
Nov 04, 2025 | $29.51 | $31.12 | +5.47% |
Aug 05, 2025 | $32.29 | $31.09 | -3.70% |
May 07, 2025 | $35.92 | $32.41 | -9.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Global Medical REIT Inc (XRN) report earnings?
Global Medical REIT Inc (XRN) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Global Medical REIT Inc (XRN) earnings time?
Global Medical REIT Inc (XRN) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XRN EPS forecast?
XRN EPS forecast for the fiscal quarter 2026 (Q1) is 0.