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GMRE

Global Medical REIT NYSE:GMRE Stock Report

Last Price

US$11.18

Market Cap

US$751.3m

7D

-0.4%

1Y

-30.6%

Updated

07 Feb, 2023

Data

Company Financials +

GMRE Stock Overview

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.

GMRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends4/6

My Notes

New

Notes are coming soon

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$11.18
52 Week HighUS$16.52
52 Week LowUS$7.01
Beta1.12
1 Month Change12.93%
3 Month Change24.78%
1 Year Change-30.60%
3 Year Change-26.35%
5 Year Change55.28%
Change since IPO-97.73%

Recent News & Updates

Global Medical REIT: A Strong Buy At Attractive Valuations And 7.8% Dividend Yield

Jan 27

Global Medical REIT: Brace For A Hawkish Fed

Dec 25

Recent updates

Global Medical REIT: A Strong Buy At Attractive Valuations And 7.8% Dividend Yield

Jan 27

Global Medical REIT: Brace For A Hawkish Fed

Dec 25

Global Medical REIT GAAP EPS of $0.12

Nov 02

Global Medical REIT: Passive Income Machine With Safe 10.8% Yield

Oct 21

Global Medical REIT stock drops after BMO downgrades on elevated leverage

Oct 06

Global Medical REIT Now Has A 9% Recession Resistant Yield

Sep 28

Global Medical REIT declares $0.21 dividend

Sep 09

Global Medical REIT: Significant Upside Potential, Along With A High Yielding Dividend

Aug 18

Global Medical REIT: Market Dislocation From First To Worst, Opportunity Refreshed

Jun 29

Global Medical REIT: Another Solid Quarter From This Growing Healthcare REIT

May 17

Global Medical REIT: A Breakdown Of My Favorite Healthcare REIT

Mar 03

Global Medical REIT: Success Like This Draws A Crowd

Dec 29

Global Medical REIT And Medical Properties Are Clear Winners In The Mispriced Healthcare Sector

Oct 20

The Growth Story Remains Intact At Global Medical REIT

Oct 04

Global Medical REIT: This Tadpole Has Legs

Jul 20

Global Medical REIT: Delivers Growth And Income

Jun 28

Broker Revenue Forecasts For Global Medical REIT Inc. (NYSE:GMRE) Are Surging Higher

May 14
Broker Revenue Forecasts For Global Medical REIT Inc. (NYSE:GMRE) Are Surging Higher

Global Medical REIT Inc. 2021 Q1 - Results - Earnings Call Presentation

May 07

Did Global Medical REIT Inc. (NYSE:GMRE) Insiders Buy Up More Shares?

Mar 12
Did Global Medical REIT Inc. (NYSE:GMRE) Insiders Buy Up More Shares?

What Kind Of Shareholders Own Global Medical REIT Inc. (NYSE:GMRE)?

Jan 16
What Kind Of Shareholders Own Global Medical REIT Inc. (NYSE:GMRE)?

Global Medical REIT (GMRE) Investor Presentation - Slideshow

Jan 13

Global Medical REIT Preferred Might Be A Good Bet On Rising Rates

Dec 22

Did Global Medical REIT Inc. (NYSE:GMRE) Insiders Buy Up More Shares?

Dec 12
Did Global Medical REIT Inc. (NYSE:GMRE) Insiders Buy Up More Shares?

Global Medical REIT (GMRE) Investor Presentation - Slideshow

Nov 18

Global Medical REIT Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 06

Shareholder Returns

GMREUS REITsUS Market
7D-0.4%0.2%0.9%
1Y-30.6%-11.8%-10.9%

Return vs Industry: GMRE underperformed the US REITs industry which returned -11.9% over the past year.

Return vs Market: GMRE underperformed the US Market which returned -9.6% over the past year.

Price Volatility

Is GMRE's price volatile compared to industry and market?
GMRE volatility
GMRE Average Weekly Movement4.2%
REITs Industry Average Movement4.4%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: GMRE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GMRE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201126Jeff Buschhttps://www.globalmedicalreit.com

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.

Global Medical REIT Inc. Fundamentals Summary

How do Global Medical REIT's earnings and revenue compare to its market cap?
GMRE fundamental statistics
Market CapUS$751.33m
Earnings (TTM)US$16.76m
Revenue (TTM)US$131.32m

43.7x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GMRE income statement (TTM)
RevenueUS$131.32m
Cost of RevenueUS$247.00k
Gross ProfitUS$131.07m
Other ExpensesUS$114.32m
EarningsUS$16.76m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin99.81%
Net Profit Margin12.76%
Debt/Equity Ratio104.2%

How did GMRE perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

99%

Payout Ratio