GMRE

Global Medical REIT

8.66 USD
-0.04
0.46%
At close Mar 13, 4:00 PM EDT
After hours
8.61
-0.05
0.58%
1 day
-0.46%
5 days
-2.04%
1 month
6.52%
3 months
2.36%
6 months
-13.31%
Year to date
14.10%
1 year
-3.02%
5 years
-19.44%
10 years
-13.49%
 

About: Global Medical REIT Inc is 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 7,372 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

145% more call options, than puts

Call options by funds: $726K | Put options by funds: $296K

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

3% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 66

0.14% less ownership

Funds ownership: 62.29% [Q3] → 62.14% (-0.14%) [Q4]

1% less funds holding

Funds holding: 199 [Q3] → 197 (-2) [Q4]

20% less capital invested

Capital invested by funds: $399M [Q3] → $321M (-$78M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for GMRE.

Financial journalist opinion

Based on 5 articles about GMRE published over the past 30 days

Positive
Seeking Alpha
1 week ago
REITs Rally As Rates Tumble
US equity markets declined for the fourth week in the past five after a frenetic slate of geopolitical headlines and economic data indicated a sluggish start to 2025 for global growth. The Atlanta Fed's updated growth forecast indicated a -1.5% contraction in first-quarter GDP, while PCE data showed the first monthly decline in personal spending in nearly two years. Buoyed by the interest rate retreat, real estate equities were also a notable source of strength this week as REIT earnings season wrapped up with a surprisingly solid slate of results.
REITs Rally As Rates Tumble
Neutral
Seeking Alpha
1 week ago
Global Medical REIT Inc. (GMRE) Q4 2024 Earnings Call Transcript
Global Medical REIT Inc. (NYSE:GMRE ) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Stephen Swett - Investor Relations Jeff Busch - Chief Executive Officer Alfonzo Leon - Chief Investment Officer Bob Kiernan - Chief Financial Officer Conference Call Participants Juan Sanabria - BMO Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Gaurav Mehta - Alliance Global Partners Wes Golladay - Baird Rob Stevenson - Janney Montgomery Scott Operator Greetings, and welcome to Global Medical REIT Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Global Medical REIT Inc. (GMRE) Q4 2024 Earnings Call Transcript
Positive
Seeking Alpha
1 week ago
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.
Buried Treasures: 4 Dramatically Undervalued REITs
Neutral
Business Wire
2 weeks ago
Global Medical REIT Announces Fourth Quarter and Full Year 2024 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and twelve months ended December 31, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, “During the year we maintained our d.
Global Medical REIT Announces Fourth Quarter and Full Year 2024 Financial Results
Neutral
Business Wire
4 weeks ago
Global Medical REIT Inc. Announces Dates for 2024 Fourth Quarter and Year-End Earnings Release and Webcast
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. Announces Dates for 2024 Fourth Quarter and Year-End Earnings Release and Webcast.
Global Medical REIT Inc. Announces Dates for 2024 Fourth Quarter and Year-End Earnings Release and Webcast
Negative
Seeking Alpha
1 month ago
REITs To Avoid This Year
I am very bullish on REITs. But I still recognize that this sector is full of landmines. I highlight REITs to avoid this year.
REITs To Avoid This Year
Positive
Seeking Alpha
1 month ago
Global Medical REIT: Undervalued With Strong Rent Coverage And Occupancy
Global Medical REIT offers a quality portfolio of healthcare facilities with long-term, triple-net leases, benefiting from favorable demographic trends and a strong tenant base. GMRE's current discounted valuation presents a potential for strong returns and high income, with a 10.6% dividend yield. At a forward P/AFFO ratio of 9.9, well below its historical average, GMRE is a speculative 'buy' for income-focused investors willing to balance risk and reward.
Global Medical REIT: Undervalued With Strong Rent Coverage And Occupancy
Neutral
Business Wire
1 month ago
Global Medical REIT Reports Tax Treatment of 2024 Dividends
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that information regarding the federal income tax treatment of the dividends paid in 2024 on the Company's common and preferred stock has been posted to the Company's website, at the following link. h.
Global Medical REIT Reports Tax Treatment of 2024 Dividends
Negative
Seeking Alpha
1 month ago
Global Medical REIT: Attractive Valuation Despite Refinancing Headwinds
Global Medical REIT primarily invests in outpatient medical facilities, with the company's largest markets being Texas, Florida, and Ohio. The REIT should generate marginally higher AFFO in 2025 thanks to rent indexation, fading impact from the Steward Health Care bankruptcy, and portfolio growth. The company's debt is 81% fixed-rate at 3.18%, but low average maturity implies rising interest costs will weigh on AFFO growth in 2025-2026.
Global Medical REIT: Attractive Valuation Despite Refinancing Headwinds
Negative
Seeking Alpha
1 month ago
My Biggest Losses Of 2024
No one bats a thousand. Not me. Not you. Not Warren Buffett. I suffered massive losses on two investments in 2024. Here they are.
My Biggest Losses Of 2024
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