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Global Medical REIT (GMRE)
NYSE:GMRE
Global Medical REIT (GMRE) Stock Price & Analysis
599 Followers
GMRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.38 - $11.19
Previous Close$8.18
Volume548.21K
Average Volume (3M)392.00K
Market Cap
$577.30M
Enterprise Value$1.22B
Total Cash (Recent Filing)$1.28M
Total Debt (Recent Filing)$617.61M
Price to Earnings (P/E)36.3
Beta1.20
Next Earnings
May 01, 2024EPS Estimate
<$0.01Last Dividend Ex-Date
Mar 21, 2024Dividend Yield10.11%
Share Statistics
EPS (TTM)0.23
Shares Outstanding65,574,549
10 Day Avg. Volume385,870
30 Day Avg. Volume391,995
Standard Deviation0.09
R-Squared0.46
Alpha-0.00511
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)3.91
Price to Cash Flow (P/CF)7.50
P/FCF Ratio9.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.42
Enterprise Value/Gross Profit8.86
Enterprise Value/Ebitda15.95
Forecast
1Y Price Target
$11.00Price Target Upside37.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Global Medical REIT News
PremiumPre-Earnings
Is GMRE a Buy, Before Earnings?
Ownership Overview
22.77%
Insiders
16.80% Mutual Funds
18.75% Other Institutional Investors
41.68% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GMRE FAQ
What was Global Medical REIT’s price range in the past 12 months?
Global Medical REIT lowest stock price was $7.38 and its highest was $11.19 in the past 12 months.
What is Global Medical REIT’s market cap?
Currently, no data Available
When is Global Medical REIT’s upcoming earnings report date?
Global Medical REIT’s upcoming earnings report date is May 01, 2024 which is in 14 days.
How were Global Medical REIT’s earnings last quarter?
Global Medical REIT released its earnings results on Feb 27, 2024. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of $0.015 by -$0.025.
Is Global Medical REIT overvalued?
According to Wall Street analysts Global Medical REIT’s price is currently Undervalued.
Does Global Medical REIT pay dividends?
Global Medical REIT pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 10.11%. See more information on Global Medical REIT dividends here
What is Global Medical REIT’s EPS estimate?
Global Medical REIT’s EPS estimate is <$0.01.
How many shares outstanding does Global Medical REIT have?
Global Medical REIT has 65,574,550 shares outstanding.
What happened to Global Medical REIT’s price movement after its last earnings report?
Global Medical REIT reported an EPS of -$0.01 in its last earnings report, missing expectations of $0.015. Following the earnings report the stock price went down -6.557%.
Which hedge fund is a major shareholder of Global Medical REIT?
Among the largest hedge funds holding Global Medical REIT’s share is Polaris Capital Management LLC. It holds Global Medical REIT’s shares valued at 865K.
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Global Medical REIT Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (37.84% Upside)
$11.00 (37.84% Upside)
Blogger Sentiment
Bullish
GMRE Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 65.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.51%
12-Months-Change
Fundamentals
Return on Equity
3.39%
Trailing 12-Months
Asset Growth
-9.01%
Trailing 12-Months
Company Description
Global Medical REIT
Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and leasing of those properties to strong healthcare systems and physician groups. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD.
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GMRE Company Deck
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GMRE Earnings Call
Q4 2024
0:00 / 0:00
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GMRE Stock 12 Months Forecast
Average Price Target
$11.00
▲(37.84% Upside)
Technical Analysis
Healthpeak Properties
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Medical Properties
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Omega Healthcare
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Healthcare Realty Trust
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Best Analysts Covering GMRE
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+17.34%
reiterated a buy rating 5 months ago
Copying Bryan Maher's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +17.34% per trade.
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