GMRE

Global Medical REIT

9.48 USD
-0.11
1.15%
At close Oct 17, 4:00 PM EDT
1 day
-1.15%
5 days
2.93%
1 month
-6.60%
3 months
-3.36%
6 months
17.62%
Year to date
-13.82%
1 year
4.52%
5 years
-18.97%
 

About: Global Medical REIT Inc is a Maryland corporation engaged predominantly in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to physician groups and regional and national healthcare systems. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases.

Employees: 26

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $519K | Put options by funds: $371K

17% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 63

4% more capital invested

Capital invested by funds: $327M [Q1] → $340M (+$13.7M) [Q2]

0.2% more ownership

Funds ownership: 57.89% [Q1] → 58.09% (+0.2%) [Q2]

3% less funds holding

Funds holding: 202 [Q1] → 196 (-6) [Q2]

22% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 27

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$12
27%
upside
Avg. target
$12
27%
upside
High target
$12
27%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Alliance Global Partners
27%upside
$12
Buy
Initiated
19 Sept 2024

Financial journalist opinion

Based on 12 articles about GMRE published over the past 30 days

Charts implemented using Lightweight Charts™