Global Medical REIT Inc. – NYSE:GMRE

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$7.05

-0.56

-7.36%

Market closed

Open in 1 day

-19.56%

month

-19.56%

quarter

-33.25%

year

Market Cap	519.06M
Enterprise value	1.13B

P/E	113.20
EV/Sales	7.83
EV/EBITDA	11.31
Price/Sales	3.49
Price/Book	0.92
PEG ratio	1.40
EPS	0.29

Revenue	144.32M
EBITDA	99.14M
Income	20.73M
Revenue Q/Q	-3.20%
Revenue Y/Y	1.90%

Profit margin	3.04%
Oper. margin	36.48%
Gross margin	63.99%
EBIT margin	36.48%
EBITDA margin	68.69%

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10 years history
Forward ratios (Analysts estimates)

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Global Medical REIT Stock Forecast

M Q Y

Last Year

$11.75

Potential upside: 66.66%

Analysts Price target
Financials & Ratios estimates

Global Medical REIT Inc. (NYSE:GMRE): Profit margin
Jun 2023	36.31M	13.27M	36.55%
Sep 2023	35.48M	4.59M	12.94%
Dec 2023	37.44M	616K	1.64%
Mar 2024	35.06M	2.24M	6.41%

Dividends

Paying a dividend greater than earnings.

Global Medical REIT Inc. (NYSE:GMRE): Payout ratio
Payout ratio	1479.95%

Global Medical REIT Inc. (NYSE:GMRE): Dividend Yield
2019	7.81%
2020	7.58%
2021	5.42%
2022	10.35%
2023	8.91%

GMRE dividends history

Global Medical REIT Inc. (NYSE:GMRE): Debt to assets
Jun 2023	1320800000	679.40M	51.44%
Sep 2023	1302520000	668.87M	51.35%
Dec 2023	1267700000	661.88M	52.21%
Mar 2024	1263580000	666.48M	52.75%

Global Medical REIT Inc. (NYSE:GMRE): Cash Flow
Jun 2023	17.87M	61.97M	-84.04M
Sep 2023	16.66M	5.66M	-24.50M
Dec 2023	18.12M	5.08M	-24.09M
Mar 2024	14.29M	-2.71M	-10.49M

Global Medical REIT alternative data

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Global Medical REIT Inc. (NYSE:GMRE): Employee count
Aug 2023	29
Sep 2023	29
Oct 2023	29
Nov 2023	29
Dec 2023	29
Jan 2024	29
Feb 2024	29
Mar 2024	26
Apr 2024	26
May 2024	26
Jun 2024	26
Jul 2024	26

Global Medical REIT
Hedge Funds Holdings Q3 2022

57.18% -11.68%

of GMRE is owned by hedge funds

174 -37

hedge funds hold GMRE stock

37.45M -7.51M

shares is hold by hedge funds

GMRE hedge funds holdings changes

Global Medical REIT
Insider Trading

Global Medical REIT Inc. (NYSE:GMRE): Insider trades (number of shares)
Period	Buy	Sel
Mar 2022	3287	0
Jan 2023	0	5000

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Option	30 Jan 2023	MOORE ROSCOE M JR director director	Common Stock	7,412	N/A	N/A
Option	30 Jan 2023	MOORE ROSCOE M JR director director	LTIP Unit	7,412	N/A	N/A
Sale	10 Jan 2023	MOORE ROSCOE M JR director director	Common Stock	5,000	$9.79	$48,955
Option	29 Mar 2022	MOORE ROSCOE M JR director director	LTIP Unit	5,000	N/A	N/A
Option	29 Mar 2022	MOORE ROSCOE M JR director: director:	Common Stock	5,000	N/A	N/A
Purchase	4 Mar 2022	COLE HENRY director director	Common Stock	1,287	$15.54	$20,000
Purchase	3 Mar 2022	BUSCH JEFFREY director, officer..	Common Stock	2,000	$15.55	$31,100
Purchase	3 Mar 2022	BUSCH JEFFREY director, officer..	Common Stock	2,000	$15.55	$31,100
Purchase	19 Aug 2021	BUSCH JEFFREY director, officer..	Common Stock	1,000	$15.01	$15,010
Purchase	19 Aug 2021	BUSCH JEFFREY director, officer..	Common Stock	1,000	$15.01	$15,010

GMRE insider trading transactions

Global Medical REIT
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 8 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 28 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 7 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 3 Aug 2023	Q2 2023 Earnings Call Transcript

GMRE earnings call transcripts

Global Medical REIT
Executives

Insider	Age	Compensation
Mr. Jeffrey M. Busch (1960) Chairman, Pres & Chief Executive Officer	65	$626,110
Mr. Robert J. Kiernan CPA (1966) Chief Financial Officer & Treasurer	59	$330,700
Mr. Alfonzo Leon (1976) Chief Investment Officer	49	$305,040
Ms. Danica Holley (1973) Chief Operating Officer	52	$205,340
Mr. Jamie A. Barber (1977) Gen. Counsel & Corporation Sec.	48	$205,340

Global Medical REIT
Latest News

Tuesday, 10 December 2024
08:25	Sell Alert: 3 REITs That Likely Will Cut Their Dividend In 2025	seekingalpha.com
Wednesday, 4 December 2024
16:05	Global Medical REIT Inc. Board Declares 2024 Fourth Quarter Common and Preferred Dividends	businesswire.com
Saturday, 16 November 2024
08:25	1 REIT To Sell And 1 REIT To Buy	seekingalpha.com
Monday, 11 November 2024
09:15	Capitalize On The Dip: Two Durable 9% Yields To Load Up Your Income Portfolio	seekingalpha.com
Sunday, 10 November 2024
21:46	Global Medical REIT: Cash Flow Tracking Lower Than 9.4% Dividend Yield	seekingalpha.com
Thursday, 7 November 2024
12:37	Global Medical REIT, Inc. (GMRE) Q3 2024 Earnings Call Transcript	seekingalpha.com
Wednesday, 6 November 2024
19:00	Global Medical REIT (GMRE) Q3 FFO and Revenues Miss Estimates	zacks.com
16:05	Global Medical REIT Announces Third Quarter 2024 Financial Results	businesswire.com
Saturday, 2 November 2024
00:20	MOBs, Office But No Need For Life Support	seekingalpha.com
Sunday, 20 October 2024
00:27	The Ultimate Portfolio Structure For Stress-Free High Current Income	seekingalpha.com
Wednesday, 16 October 2024
16:15	Global Medical REIT Inc. Announces Dates for Third Quarter Earnings Release and Webcast	businesswire.com
09:23	These 15 Stocks Are Among the Top Dividend Payers in the Russell 2000	247wallst.com
Friday, 11 October 2024
12:40	GMRE vs. CUBE: Which Stock Is the Better Value Option?	zacks.com
Monday, 7 October 2024
08:25	Sell Alert: 2 REITs Getting Too Risky	seekingalpha.com
Saturday, 5 October 2024
08:30	7 Dividend Stocks I'm Buying As The Recession Debate Rages	seekingalpha.com
Friday, 4 October 2024
18:00	2 High-Income Picks That Match Peter Lynch Criteria	seekingalpha.com
Monday, 30 September 2024
09:23	8 Dividend Stocks I'm Buying In October (Including A New Holding)	seekingalpha.com
Friday, 27 September 2024
13:17	3 REITs Best Positioned To Benefit From Cheaper Debt	seekingalpha.com
Wednesday, 25 September 2024
12:40	GMRE vs. CDP: Which Stock Should Value Investors Buy Now?	zacks.com
Tuesday, 24 September 2024
23:29	2 REITs With Asymmetric Payoff And Juicy Dividends	seekingalpha.com
15:14	Global Medical REIT's Underwriting Is Demonstrated To Be Effective	seekingalpha.com
Sunday, 22 September 2024
09:00	Fed Goes Big	seekingalpha.com
Monday, 9 September 2024
12:41	GMRE or CDP: Which Is the Better Value Stock Right Now?	zacks.com
Thursday, 5 September 2024
16:05	Global Medical REIT Inc. Board Declares 2024 Third Quarter Common and Preferred Dividends	businesswire.com
Tuesday, 3 September 2024
08:15	I Sold These REITs	seekingalpha.com
Friday, 23 August 2024
12:40	GMRE vs. CDP: Which Stock Is the Better Value Option?	zacks.com
Tuesday, 20 August 2024
20:58	Two 9% Yielding REITs, Where It's Worth Waiting A Bit Before Buying	seekingalpha.com
Monday, 19 August 2024
09:38	Want $13,500? Check Out These High Dividend REIT Stocks	247wallst.com
Sunday, 11 August 2024
12:21	Slate Grocery REIT: Still A Hold Until The Inflection Point Later This Year	seekingalpha.com
08:15	Global Medical: Steward Issues Could Force Dividend Cut	seekingalpha.com

Frequently Asked Questions (FAQ)

What's the price of Global Medical REIT stock today?

One share of Global Medical REIT stock can currently be purchased for approximately $7.05.
When is Global Medical REIT's next earnings date?

Unfortunately, Global Medical REIT's (GMRE) next earnings date is currently unknown.
Does Global Medical REIT pay dividends?

Yes, Global Medical REIT pays dividends and its trailing 12-month yield is 11.04% with 1480% payout ratio.It means that the company is paying a dividend greater than earnings. The last Global Medical REIT stock dividend of $0.21 was paid on 10 Jan 2022.
How much money does Global Medical REIT make?

Global Medical REIT has a market capitalization of 519.06M and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2.66% to 140.93M US dollars.
What is Global Medical REIT's stock symbol?

Global Medical REIT Inc. is traded on the NYSE under the ticker symbol "GMRE".
What is Global Medical REIT's primary industry?

Company operates in the Real Estate sector and REIT - Healthcare Facilities industry.
How do i buy shares of Global Medical REIT?

Shares of Global Medical REIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Global Medical REIT's key executives?
Global Medical REIT's management team includes the following people:
- Mr. Jeffrey M. Busch Chairman, Pres & Chief Executive Officer(age: 65, pay: $626,110)
- Mr. Robert J. Kiernan CPA Chief Financial Officer & Treasurer(age: 59, pay: $330,700)
- Mr. Alfonzo Leon Chief Investment Officer(age: 49, pay: $305,040)
- Ms. Danica Holley Chief Operating Officer(age: 52, pay: $205,340)
- Mr. Jamie A. Barber Gen. Counsel & Corporation Sec.(age: 48, pay: $205,340)
How many employees does Global Medical REIT have?

As Jul 2024, Global Medical REIT employs 26 workers.
When Global Medical REIT went public?

Global Medical REIT Inc. is publicly traded company for more then 9 years since IPO on 30 Jun 2016.
What is Global Medical REIT's official website?

The official website for Global Medical REIT is globalmedicalreit.com.
Where are Global Medical REIT's headquarters?

Global Medical REIT is headquartered at 2 Bethesda Metro Center, Bethesda, MD.
How can i contact Global Medical REIT?

Global Medical REIT's mailing address is 2 Bethesda Metro Center, Bethesda, MD and company can be reached via phone at +20 2 5246851.
What is Global Medical REIT stock forecast & price target?

Based on 1 Wall Street analysts` predicted price targets for Global Medical REIT in the last 12 months, the avarage price target is $11.75. The average price target represents a 66.66% change from the last price of $7.05.

Global Medical REIT Inc.

globalmedicalreit.com

Exchange:

NYSE

Full time employees:

Industry:

REIT - Healthcare Facilities

Sector:

Real Estate

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.

+20 2 5246851

2 Bethesda Metro Center
Bethesda, MD 20814

CIK: 0001533615
ISIN: US37954A2042
CUSIP: 37954A204