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Global Medical REIT (GMRE)
NYSE:GMRE
GMRE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.75 - $10.46
Previous CloseN/A
Volume238.52K
Average Volume (3M)614.37K
Market Cap
$543.08M
Enterprise Value$1.26B
Total Cash (Recent Filing)$12.31K
Total Debt (Recent Filing)$380.00
Price to Earnings (P/E)611.4
Beta0.72
Next Earnings
May 07, 2025EPS Estimate
0.01Last Dividend Ex-Date
Mar 21, 2025Dividend Yield11.17%
Share Statistics
EPS (TTM)0.01
Shares Outstanding66,878,730
10 Day Avg. Volume807,016
30 Day Avg. Volume614,368
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 Cap2.32
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit9.09
Enterprise Value/Ebitda12.87
Forecast
1Y Price Target
$10.40Price Target Upside35.77% 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
Financial PerformanceAdjusted AFFO (FAD) came in above the Street expectations.
Joint VenturesThe company formed a new venture with Heitman, focusing on achieving cash-on-cash returns through a core-plus investment strategy, enabling GMRE to expand its acquisition pipeline without taking on additional balance sheet risk while earning ancillary fees from managing the assets.
Tenant ManagementThe most positive development was the announcement of a replacement tenant for a hospital that was formerly leased by Steward Healthcare, which removes an overhang.
Bears Say
Capital MarketsAnalyst remains at a Market Perform rating as capital markets remain a challenge for the company.
Expense ManagementExpenses were up 15% from the same period last year due to the cost of the CEO succession plan.
Stock ValuationValuation discounted to peers but appropriate at this time, as shares of GMRE are trading below the company's historical average.
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Ownership Overview
0.09%
Insiders
16.43% Mutual Funds
0.02% Other Institutional Investors
63.52% 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 $6.75 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 $543.08M.
When is Global Medical REIT’s upcoming earnings report date?
Global Medical REIT’s upcoming earnings report date is May 07, 2025 which is in 13 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 11.17%. 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 66,878,730 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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.40 (35.77% Upside)
$10.40 (35.77% 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 ▼ 0.2%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.85%
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 Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.
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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
$10.40
▲(35.77% Upside)
Technical Analysis
Diversified Healthcare Trust
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Community Healthcare
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Universal Health Realty Income
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Strawberry Fields REIT Inc
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Sila Realty Trust, Inc.
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Best Analysts Covering GMRE
1 Year
1 Year Success Rate
8/12 ratings generated profit
1 Year Average Return
+7.07%
reiterated a buy rating 2 months ago
Copying Merrill Ross's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +7.07% per trade.
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