Global Medical REIT Inc. (GMRE)

NYSE: GMRE · IEX Real-Time Price · USD
11.10
-0.29 (-2.55%)
At close: Dec 29, 2023, 4:00 PM
11.23
+0.13 (1.17%)
After-hours: Dec 29, 2023, 7:15 PM EST
-2.55%
Market Cap 727.77M
Revenue (ttm) 144.39M
Net Income (ttm) 16.00M
Shares Out 65.56M
EPS (ttm) 0.24
PE Ratio 46.25
Forward PE 174.12
Dividend $0.84 (7.57%)
Ex-Dividend Date Dec 26, 2023
Volume 317,952
Open 11.34
Previous Close 11.39
Day's Range 11.10 - 11.34
52-Week Range 8.04 - 11.79
Beta 1.15
Analysts Strong Buy
Price Target 11.00 (-0.9%)
Earnings Date Nov 6, 2023

About GMRE

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. [Read more]

Sector Real Estate
CEO Jeffery M. Busch
Employees 29
Stock Exchange NYSE
Ticker Symbol GMRE
Full Company Profile

Financial Performance

In 2022, GMRE's revenue was $137.28 million, an increase of 18.41% compared to the previous year's $115.94 million. Earnings were $13.32 million, an increase of 12.88%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GMRE stock is "Strong Buy" and the 12-month stock price forecast is $11.0.

Price Target
$11.0
(-0.90% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Global Medical REIT Inc. Board Declares 2023 Fourth Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

19 days ago - Business Wire

Lock In 9%+ REIT Yields Before They Disappear

Ready for some “next level” dividend thinking? We have a potential opportunity right now to buy five payers yielding up to 14.9% as the economy heads into recession.

Other symbols: BDNHROUTSLG
5 weeks ago - Forbes

Global Medical REIT Announces Third Quarter 2023 Financial Results

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

7 weeks ago - Business Wire

Global Medical REIT Inc. Announces Dates for Third Quarter Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

2 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2023 Third Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

4 months ago - Business Wire

Global Medical REIT Announces Second Quarter 2023 Financial Results

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

5 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for Second Quarter Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

5 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2023 Second Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

7 months ago - Business Wire

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...

7 months ago - Market Watch

Global Medical REIT Inc. Releases Corporate Social Responsibility Report

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facili...

7 months ago - Business Wire

Global Medical REIT Announces First Quarter 2023 Financial Results

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facili...

8 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for First Quarter Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

9 months ago - Business Wire

Global Medical REIT Inc. Board Declares 2023 First Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and ...

10 months ago - Business Wire

Global Medical REIT Announces Fourth Quarter and Year-End 2022 Financial Results

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facili...

10 months ago - Business Wire

Global Medical REIT Inc. Announces Dates for 2022 Fourth Quarter and Year-End Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare f...

11 months ago - Business Wire

Global Medical REIT Reports Tax Treatment of 2022 Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built h...

11 months ago - Business Wire

Global Medical REIT Announces That Pipeline Health Will Assume its Leases at White Rock Hospital in Dallas, Texas

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built h...

1 year ago - Business Wire

Global Medical REIT Inc. Board Declares 2022 Fourth Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare...

1 year ago - Business Wire

20 dividend stocks with high yields that have become more attractive right now

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...

Other symbols: AHHBDNBNLCTODEIEPRHIW
1 year ago - Market Watch

Global Medical REIT Inc. Board Declares 2022 Third Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare f...

1 year ago - Business Wire

Global Medical REIT Announces Second Quarter 2022 Financial Results

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built hea...

1 year ago - Business Wire

Global Medical REIT Inc. Announces Dates for Second Quarter 2022 Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare f...

1 year ago - Business Wire

Global Medical REIT Inc. Board Declares 2022 Second Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare f...

1 year ago - Business Wire