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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
My Notes
NewNotes are coming soon
Global Medical REIT Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.18 |
| 52 Week High | US$16.52 |
| 52 Week Low | US$7.01 |
| Beta | 1.12 |
| 1 Month Change | 12.93% |
| 3 Month Change | 24.78% |
| 1 Year Change | -30.60% |
| 3 Year Change | -26.35% |
| 5 Year Change | 55.28% |
| Change since IPO | -97.73% |
Recent News & Updates
Global Medical REIT: A Strong Buy At Attractive Valuations And 7.8% Dividend Yield
Jan 27Global Medical REIT: Brace For A Hawkish Fed
Dec 25Recent updates
Global 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 04Global Medical REIT: This Tadpole Has Legs
Jul 20Global Medical REIT: Delivers Growth And Income
Jun 28Broker Revenue Forecasts For Global Medical REIT Inc. (NYSE:GMRE) Are Surging Higher
May 14
Global Medical REIT Inc. 2021 Q1 - Results - Earnings Call Presentation
May 07Did Global Medical REIT Inc. (NYSE:GMRE) Insiders Buy Up More Shares?
Mar 12What Kind Of Shareholders Own Global Medical REIT Inc. (NYSE:GMRE)?
Jan 16
Global Medical REIT (GMRE) Investor Presentation - Slideshow
Jan 13Global Medical REIT Preferred Might Be A Good Bet On Rising Rates
Dec 22Did Global Medical REIT Inc. (NYSE:GMRE) Insiders Buy Up More Shares?
Dec 12Global Medical REIT (GMRE) Investor Presentation - Slideshow
Nov 18Global Medical REIT Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Shareholder Returns
| GMRE | US REITs | US 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
| GMRE volatility | |
|---|---|
| GMRE Average Weekly Movement | 4.2% |
| REITs Industry Average Movement | 4.4% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 26 | Jeff Busch | https://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
| GMRE fundamental statistics | |
|---|---|
| Market Cap | US$751.33m |
| Earnings (TTM) | US$16.76m |
| Revenue (TTM) | US$131.32m |
43.7x
P/E Ratio5.6x
P/S RatioIs GMRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GMRE income statement (TTM) | |
|---|---|
| Revenue | US$131.32m |
| Cost of Revenue | US$247.00k |
| Gross Profit | US$131.07m |
| Other Expenses | US$114.32m |
| Earnings | US$16.76m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.26 |
| Gross Margin | 99.81% |
| Net Profit Margin | 12.76% |
| Debt/Equity Ratio | 104.2% |
How did GMRE perform over the long term?
See historical performance and comparison