GMRE

Global Medical REIT

7.97 USD
-0.15
1.85%
At close Jan 17, 4:00 PM EST
After hours
7.88
-0.09
1.13%
1 day
-1.85%
5 days
6.41%
1 month
-5.79%
3 months
-15.93%
6 months
-18.76%
Year to date
5.01%
1 year
-21.79%
5 years
-46.15%
10 years
-20.38%
 

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 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

110% more call options, than puts

Call options by funds: $831K | Put options by funds: $396K

25% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 20

19% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 57

15% more capital invested

Capital invested by funds: $348M [Q2] → $399M (+$50.6M) [Q3]

2.9% more ownership

Funds ownership: 59.36% [Q2] → 62.26% (+2.9%) [Q3]

1% more funds holding

Funds holding: 196 [Q2] → 198 (+2) [Q3]

Research analyst outlook

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

Financial journalist opinion

Neutral
Business Wire
1 week ago
Global Medical REIT Announces Succession Plan
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Announces Succession Plan Chief Executive Officer Transition Expected in 2025.
Global Medical REIT Announces Succession Plan
Negative
Seeking Alpha
2 weeks ago
Dividend Cut Alert: 1 REIT And 1 BDC With Unsustainable Yields
REITs and BDCs are solid asset classes through which to facilitate income-oriented strategies. However, investors have to be still careful of not assuming excessive risks that might lead to unexpected dividend cuts. In this article, I share two high-yielding picks, where, in my view, the chances are high for experiencing a dividend cut in the foreseeable future.
Dividend Cut Alert: 1 REIT And 1 BDC With Unsustainable Yields
Negative
Seeking Alpha
1 month ago
Sell Alert: 3 REITs That Likely Will Cut Their Dividend In 2025
Most REITs are well-positioned to grow dividends. But there are exceptions. I highlight three REITs that are at high risk of cutting their dividend.
Sell Alert: 3 REITs That Likely Will Cut Their Dividend In 2025
Neutral
Business Wire
1 month ago
Global Medical REIT Inc. Board Declares 2024 Fourth Quarter Common and Preferred 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 its Board of Directors (“Board”) has declared the Company's 2024 fourth quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 fourth quarter cash divid.
Global Medical REIT Inc. Board Declares 2024 Fourth Quarter Common and Preferred Dividends
Neutral
Seeking Alpha
2 months ago
1 REIT To Sell And 1 REIT To Buy
The REIT market is not perfectly efficient. Some REITs are overpriced. Others are undervalued. I highlight a great example of that.
1 REIT To Sell And 1 REIT To Buy
Positive
Seeking Alpha
2 months ago
Capitalize On The Dip: Two Durable 9% Yields To Load Up Your Income Portfolio
High-yield stocks can fall due to non-dividend sustainability reasons, presenting opportunities for income investors to lock in attractive yields. In this article, I have identified two picks, which now yield about 9.5%. The beauty of both of these picks is that their fundamentals are sound and the dividends could be deemed sustainable.
Capitalize On The Dip: Two Durable 9% Yields To Load Up Your Income Portfolio
Neutral
Seeking Alpha
2 months ago
Global Medical REIT: Cash Flow Tracking Lower Than 9.4% Dividend Yield
Global Medical REIT's Q3-2024 results show flat rental revenue and AFFO. Steward Health Care's bankruptcy led to a new lease with CHRISTUS Health. There are a few concerns here on this high yielder, and we go over why we think $10.00 will be the ceiling on this stock.
Global Medical REIT: Cash Flow Tracking Lower Than 9.4% Dividend Yield
Neutral
Seeking Alpha
2 months ago
Global Medical REIT, Inc. (GMRE) Q3 2024 Earnings Call Transcript
Global Medical REIT, Inc. (NYSE:GMRE ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Steve Swett - IR Jeff Busch - CEO Alfonzo Leon - CIO Bob Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Bryan Maher - B. Riley Alec Feygin - Baird Robin Haneland - BMO Capital Markets Gaurav Mehta - Alliance Global Partners Operator Greetings, and welcome to the Global Medical REIT Third Quarter 2024 Earnings Conference Call.
Global Medical REIT, Inc. (GMRE) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
Global Medical REIT (GMRE) Q3 FFO and Revenues Miss Estimates
Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.23 per share a year ago.
Global Medical REIT (GMRE) Q3 FFO and Revenues Miss Estimates
Neutral
Business Wire
2 months ago
Global Medical REIT Announces Third Quarter 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 nine months ended September 30, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, “During the third quarter, we continu.
Global Medical REIT Announces Third Quarter 2024 Financial Results
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