Global Medical REIT (GMRE)

• Market cap: $525M
• 1 day: -1.13%
• 5 days: -6.76%
• 1 month: -9.03%
• 3 months: -19.14%
• 6 months: -15.03%
• Year to date: -28.55%
• 1 year: -29.13%
• 5 years: -40.41%
• 10 years: -21.48%
• Sector: Financials
• Industry: Real Estate Investment Trusts

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

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

19% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 57

14% more capital invested

Capital invested by funds: $347M [Q2] → $396M (+$49.7M) [Q3]

2.78% more ownership

Funds ownership: 59.13% [Q2] → 61.9% (+2.78%) [Q3]

1% more funds holding

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

9% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 23

Research analyst outlook

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

• Low target: $11.75 49% upside
• Avg. target: $11.75 49% upside
• High target: $11.75 49% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Berenberg Kai Klose 0% 1-year accuracy 0 / 2 met price target

49% upside $11.75

Buy Initiated

18 Oct 2024