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Global Medical REIT NYSE:GMRE.PRA Stock Report

Last Price

US$24.33

Market Cap

US$548.9m

7D

-0.5%

1Y

-3.0%

Updated

25 Apr, 2024

Data

Company Financials +

Global Medical REIT Inc.

NYSE:GMRE.PRA Stock Report

Market Cap: US$548.9m

GMRE.PRA Stock Overview

Global Medical REIT Inc. (GMRE) is a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems.

GMRE.PRA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends4/6

Global Medical REIT Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Global Medical REIT
Historical stock prices
Current Share PriceUS$24.33
52 Week HighUS$25.79
52 Week LowUS$23.32
Beta1.15
1 Month Change-2.49%
3 Month Change-2.49%
1 Year Change-2.99%
3 Year Change-7.99%
5 Year Change-5.26%
Change since IPO-1.58%

Recent News & Updates

Recent updates

Shareholder Returns

GMRE.PRAUS Health Care REITsUS Market
7D-0.5%2.4%1.0%
1Y-3.0%3.2%21.9%

Return vs Industry: GMRE.PRA underperformed the US Health Care REITs industry which returned 6.1% over the past year.

Return vs Market: GMRE.PRA underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is GMRE.PRA's price volatile compared to industry and market?
GMRE.PRA volatility
GMRE.PRA Average Weekly Movement1.3%
Health Care REITs Industry Average Movement3.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: GMRE.PRA has not had significant price volatility in the past 3 months.

Volatility Over Time: GMRE.PRA's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201126Jeff Buschwww.globalmedicalreit.com

Global Medical REIT Inc. (GMRE) is a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems.

Global Medical REIT Inc. Fundamentals Summary

How do Global Medical REIT's earnings and revenue compare to its market cap?
GMRE.PRA fundamental statistics
Market capUS$548.91m
Earnings (TTM)US$14.79m
Revenue (TTM)US$141.05m

35.9x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GMRE.PRA income statement (TTM)
RevenueUS$141.05m
Cost of RevenueUS$44.00k
Gross ProfitUS$141.01m
Other ExpensesUS$126.22m
EarningsUS$14.79m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)0.23
Gross Margin99.97%
Net Profit Margin10.49%
Debt/Equity Ratio100.9%

How did GMRE.PRA perform over the long term?

See historical performance and comparison

Dividends

10.4%

Current Dividend Yield

111%

Payout Ratio
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