GMRE 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.
Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 0/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 4/6 |
Rewards
Risk Analysis
Global Medical REIT Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$8.75 |
52 Week High | US$11.59 |
52 Week Low | US$8.06 |
Beta | 1.15 |
1 Month Change | -6.62% |
3 Month Change | -21.17% |
1 Year Change | -1.80% |
3 Year Change | -35.19% |
5 Year Change | -10.90% |
Change since IPO | -98.22% |
Recent News & Updates
Recent updates
Global Medical REIT Offers A 9.3% Dividend Yield And 7.6% On The Preferreds
Mar 09Global Medical REIT: Nothing Promising After Q4 Results, Still A Hold
Feb 29Global Medical REIT: Patient In Stable Condition, Risk Priced In
Feb 02Global Medical REIT: A Hold Despite Improving Performance
Nov 21Global Medical: 7.7% Yielding Preferreds Are Expensive, A Look At Alternatives
Oct 16Global Medical REIT: Revisiting Dividend Assumption After Q2 Results
Sep 10Global Medical REIT: Higher For Longer Scenarios Will Stress The REIT
Aug 04Global Medical: The 9.5% Yield Appears Covered Despite Pressure From Interest Rates
Jun 29If EPS Growth Is Important To You, Global Medical REIT (NYSE:GMRE) Presents An Opportunity
Mar 13Global Medical REIT: A Strong Buy At Attractive Valuations And 7.8% Dividend Yield
Jan 27Global Medical REIT: Brace For A Hawkish Fed
Dec 25Global Medical REIT GAAP EPS of $0.12
Nov 02Global Medical REIT: Passive Income Machine With Safe 10.8% Yield
Oct 21Global Medical REIT stock drops after BMO downgrades on elevated leverage
Oct 06Global Medical REIT Now Has A 9% Recession Resistant Yield
Sep 28Global Medical REIT declares $0.21 dividend
Sep 09Global Medical REIT: Significant Upside Potential, Along With A High Yielding Dividend
Aug 18Global Medical REIT: Market Dislocation From First To Worst, Opportunity Refreshed
Jun 29Global Medical REIT: Another Solid Quarter From This Growing Healthcare REIT
May 17Global Medical REIT: A Breakdown Of My Favorite Healthcare REIT
Mar 03Global Medical REIT: Success Like This Draws A Crowd
Dec 29Global Medical REIT And Medical Properties Are Clear Winners In The Mispriced Healthcare Sector
Oct 20The Growth Story Remains Intact At Global Medical REIT
Oct 04Shareholder Returns
GMRE | US Health Care REITs | US Market | |
---|---|---|---|
7D | 0.9% | 1.2% | 0.2% |
1Y | -1.8% | 9.1% | 28.1% |
Return vs Industry: GMRE underperformed the US Health Care REITs industry which returned 9.5% over the past year.
Return vs Market: GMRE underperformed the US Market which returned 28.8% over the past year.
Price Volatility
GMRE volatility | |
---|---|
GMRE Average Weekly Movement | 4.3% |
Health Care REITs Industry Average Movement | 3.5% |
Market Average Movement | 6.1% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: GMRE's share price has been volatile over the past 3 months.
Volatility Over Time: GMRE's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | 26 | Jeff Busch | https://www.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
GMRE fundamental statistics | |
---|---|
Market cap | US$583.24m |
Earnings (TTM) | US$14.79m |
Revenue (TTM) | US$141.05m |
38.8x
P/E Ratio4.1x
P/S RatioIs GMRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
GMRE income statement (TTM) | |
---|---|
Revenue | US$141.05m |
Cost of Revenue | US$44.00k |
Gross Profit | US$141.01m |
Other Expenses | US$126.22m |
Earnings | US$14.79m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 0.23 |
Gross Margin | 99.97% |
Net Profit Margin | 10.49% |
Debt/Equity Ratio | 100.9% |
How did GMRE perform over the long term?
See historical performance and comparison