Global Medical REIT Inc.

NYSE:GMRE Stock Report

Market Cap: US$533.0m

Global Medical REIT Management

Management criteria checks 3/4

Global Medical REIT's CEO is Jeff Busch, appointed in Aug 2015, has a tenure of 9.42 years. total yearly compensation is $2.18M, comprised of 32.1% salary and 67.9% bonuses, including company stock and options. directly owns 0.065% of the company’s shares, worth $347.01K. The average tenure of the management team and the board of directors is 8.8 years and 8.8 years respectively.

Key information

Jeff Busch

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage32.1%
CEO tenure9.4yrs
CEO ownership0.07%
Management average tenure8.8yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Global Medical REIT's Underwriting Is Demonstrated To Be Effective

Sep 24

Global Medical REIT: Stability Across The Board, But More Is Needed To Be Bullish

Aug 11

Global Medical: The Yield Is Not Too Good To Be True

Jun 26

Global Medical: The 7.6% Preferred Yield Trumps The Common

May 23

Global Medical REIT: Better Q1 Than Expected, But Still A Cautious Stance

May 09

Global Medical REIT Offers A 9.3% Dividend Yield And 7.6% On The Preferreds

Mar 09

Global Medical REIT: Nothing Promising After Q4 Results, Still A Hold

Feb 29

Global Medical REIT:  Patient In Stable Condition, Risk Priced In

Feb 02

Global Medical REIT: A Hold Despite Improving Performance

Nov 21

Global Medical: 7.7% Yielding Preferreds Are Expensive, A Look At Alternatives

Oct 16

Global Medical REIT: Revisiting Dividend Assumption After Q2 Results

Sep 10

Global Medical REIT: Higher For Longer Scenarios Will Stress The REIT

Aug 04

Global Medical: The 9.5% Yield Appears Covered Despite Pressure From Interest Rates

Jun 29

If EPS Growth Is Important To You, Global Medical REIT (NYSE:GMRE) Presents An Opportunity

Mar 13
If EPS Growth Is Important To You, Global Medical REIT (NYSE:GMRE) Presents An Opportunity

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

CEO Compensation Analysis

How has Jeff Busch's remuneration changed compared to Global Medical REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1m

Jun 30 2024n/an/a

-US$56k

Mar 31 2024n/an/a

US$15m

Dec 31 2023US$2mUS$700k

US$15m

Sep 30 2023n/an/a

US$16m

Jun 30 2023n/an/a

US$21m

Mar 31 2023n/an/a

US$11m

Dec 31 2022US$2mUS$650k

US$13m

Sep 30 2022n/an/a

US$17m

Jun 30 2022n/an/a

US$12m

Mar 31 2022n/an/a

US$13m

Dec 31 2021US$2mUS$600k

US$12m

Sep 30 2021n/an/a

US$9m

Jun 30 2021n/an/a

-US$5m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$3mUS$298k

-US$8m

Sep 30 2020n/an/a

-US$8m

Jun 30 2020n/an/a

US$3m

Mar 31 2020n/an/a

US$4m

Dec 31 2019US$455kn/a

US$3m

Sep 30 2019n/an/a

US$9m

Jun 30 2019n/an/a

US$9m

Mar 31 2019n/an/a

US$8m

Dec 31 2018US$396kn/a

US$8m

Compensation vs Market: Jeff's total compensation ($USD2.18M) is about average for companies of similar size in the US market ($USD2.14M).

Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.


CEO

Jeff Busch (64 yo)

9.4yrs

Tenure

US$2,181,100

Compensation

Mr. Jeffrey M. Busch, also known as Jeff, is Director of IMAC Holdings, Inc. from September 19, 2024. Mr. Busch is Chairman of the Board at Theralink Technologies, Inc. (formerly known as OncBioMune Pharma...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Busch
Chairman9.4yrsUS$2.18m0.065%
$ 347.0k
Robert Kiernan
CFO & Treasurer7.4yrsUS$1.41m0%
$ 0
Danica Holley
Chief Operating Officer8.8yrsUS$935.78k0.00075%
$ 4.0k
Alfonzo Leon
Chief Investment Officer9.5yrsUS$1.34m0%
$ 0
Jamie Barber
General Counsel & Corporate Secretary7.7yrsUS$872.70k0%
$ 0
Stephen Swett
Investor Relations Executiveno datano datano data

8.8yrs

Average Tenure

51yo

Average Age

Experienced Management: GMRE's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Busch
Chairman10.3yrsUS$2.18m0.065%
$ 347.0k
Ronald Marston
Independent Director9.4yrsUS$155.71k0.012%
$ 62.5k
Henry Cole
Lead Independent Director9.4yrsUS$183.21k0.012%
$ 61.7k
Paula Crowley
Independent Director6.6yrsUS$177.77k0%
$ 0
Lori Wittman
Independent Director6.7yrsUS$203.10k0%
$ 0
Matthew Cypher
Independent Director8.8yrsUS$153.48k0%
$ 0
Huiqi Zhang
Director8.8yrsno data0%
$ 0

8.8yrs

Average Tenure

65yo

Average Age

Experienced Board: GMRE's board of directors are considered experienced (8.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 06:01
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Global Medical REIT Inc. is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gaurav MehtaAlliance Global Partners
David RodgersBaird
Amanda SweitzerBaird