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Global Medical REIT (GMRE)

Profile

Full Name

Global Medical REIT Inc.

Ticker Symbol

GMRE

Exchange

NYSE

Sector

Real Estate

Industry

Healthcare Facilities

Country

United States

IPO

June 30, 2016

Indexes

Not included

Website

http://www.globalmedicalreit.com

Employees

26

Key Details

Price

$7.48(+1.77%)

Market cap

$500.20M(Small cap)

Last Dividend

$0.21

TTM Dividend yield

11.23%

Annual revenue

$138.41M(-1.79% YoY)

Annual EPS

$0.01(-95.65% YoY)

PE ratio

748.00

Next earnings date

May 7, 2025

Next ex-dividend date

N/A

Next split date

N/A

Price

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Current Price

$7.48
GMRE price is $7.48

30-Day Relative Volume

0.71
GMRE 30-day relative volume is 0.71

Price Performance

Price Most recent change

+1.77%
GMRE price was up +1.77% on Apr 17, 2025

Price YTD change

-3.11%
GMRE price is down -3.11% since January 1st

Price 1-year change

-7.2%
GMRE price is down -7.2% year-on-year

Price 3-year change

-52.9%
GMRE price is down -52.9% over the past 3 years

Price Range

Price All-time high

$18.51
GMRE price is currently -59.59% below its historical high of $18.51

Price 3-year low

$6.75
GMRE price is currently +10.81% above its 3-year low

Capitalization

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Market cap

Market cap

$500.20M
GMRE market capitalization is $500.20 million

Market cap 3-year change

-51.84%
GMRE market capitalization is down -51.84% over the past 3 years

Market cap All-time high

$1.19B
GMRE market capitalization is currently -58.08% below its historical high of $1.19 billion

Market cap sector rank

35.98%
GMRE market capitalization is higher than 35.98% of companies in Real Estate sector

Shares Outstanding

Shares Outstanding 1-Year Change

+1.96%
GMRE shares outstanding is up +1.96% year-on-year

Shares Outstanding 3-Year Change

+2.25%
GMRE shares outstanding is up +2.25% over the past 3 years

Technical Indicators

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Beta

0.68
GMRE beta is 0.68

200-day SMA

$8.78
GMRE price is currently -14.76% below its 200-day simple moving average

50-day SMA

$8.28
GMRE price is currently -9.66% below its 50-day simple moving average

RSI

40.85
GMRE 14-day relative strength index is 40.85

Volume

0.71
GMRE 30-day relative volume is 0.71

ATR

$0.32
GMRE average true range is $0.32

10-day Historical Volatility

70.47%
GMRE 10-day historical volatility is 70.47%

Dividend

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Events

Last Paid Dividend

$0.21
GMRE last dividend was $0.21 per share, with an ex-dividend date of March 21, 2025

Next Dividend

-
GMRE next dividend has not yet been announced

Dividend per share

Dividend per share

$0.84
GMRE annual dividend per share is $0.84

Dividend per share Sector Rank

33.99%
GMRE annual dividend per share is higher than 33.99% of companies in Real Estate sector

Dividend per share 1-Year Change

0%
GMRE {parameterFullLabel} has remained unchanged year-on-year

Dividend per share 3-Year Change

+2.44%
GMRE annual dividend per share is up +2.44% over the past 3 years

Dividend yield

Dividend yield

11.23%
GMRE annual dividend yield is 11.23%

Dividend yield Sector Rank

74.75%
GMRE annual dividend yield is higher than 74.75% of companies in Real Estate sector

Other

Payout ratio

990.35%
GMRE annual payout ratio is 990.35%

Dividends paid

$65.69M
GMRE annual dividends paid is $65.69 million

Free cash flow

-$25.07M
GMRE annual free cash flow is -$25.07 million

Income Statement

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Revenue

Revenue

$138.41M
GMRE annual revenue is $138.41 million

Revenue Analysts estimate

$146.75M
GMRE annual revenue is currently -5.68% lower than the consensus analysts' forecast

Revenue 1-year change

-1.79%
GMRE annual revenue is down -1.79% year-on-year

Revenue Sector rank

29.26%
GMRE annual revenue is higher than 29.26% of companies in Real Estate sector

EPS

EPS

$0.01
GMRE annual earnings per share is $0.01

EPS Analysts estimate

$0.53
GMRE annual earnings per share is currently -98.11% lower than the consensus analysts' forecast

EPS 1-year change

-95.65%
GMRE annual earnings per share is down -95.65% year-on-year

EPS Sector rank

35.14%
GMRE annual earnings per share is higher than 35.14% of companies in Real Estate sector

Profit

Gross profit

$109.16M
GMRE annual gross profit is $109.16 million

Gross margin

78.87%
GMRE annual gross profit margin is 78.87%

Operating profit

$32.68M
GMRE annual operating income is $32.68 million

Operating margin

23.61%
GMRE annual operating profit margin is 23.61%

Net income

$6.63M
GMRE annual net profit is $6.63 million

Net margin

4.79%
GMRE annual net profit margin is 4.79%

Expenses

Total expenses

$105.73M
GMRE annual total expenses is $105.73 million

Operating expenses

$76.48M
GMRE annual total operating expenses is $76.48 million

Cost of goods sold

$29.25M
GMRE annual cost of goods sold is $29.25 million

Selling, general & administrative expenses

$21.12M
GMRE annual SGA is $21.12 million

Depreciation and amortization

$56.08M
GMRE annual depreciation & amortization is $56.08 million

Interest expense

$28.69M
GMRE annual interest expense is $28.69 million

Income tax

-
GMRE annual income tax value is unknown

EBIT & EBITDA

EBIT

$35.38M
GMRE annual earnings before interest & taxes is $35.38 million

EBITDA

$91.47M
GMRE annual EBITDA is $91.47 million

Balance Sheet

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Assets

Total assets

$1.26B
GMRE annual total assets is $1.26 billion

Non current assets

$1.24B
GMRE annual long term assets is $1.24 billion

Current assets

$17.35M
GMRE annual total current assets is $17.35 million

Cash and cash equivalents

$6.82M
GMRE annual cash & cash equivalents is $6.82 million

Accounts receivable

$7.42M
GMRE annual accounts receivable is $7.42 million

Inventory

-
GMRE annual inventory value is unknown

Liabilities

Total liabilities

$700.57M
GMRE annual total liabilities is $700.57 million

Long term liabilities

$29.12M
GMRE annual total long term liabilities is $29.12 million

Current liabilities

$671.45M
GMRE annual total current liabilities is $671.45 million

Accounts payable

$16.47M
GMRE annual accounts payable is $16.47 million

Debt

Total debt

$653.59M
GMRE annual total debt is $653.59 million

Total debt 1-year change

+5.6%
GMRE annual total debt is up +5.6% year-on-year

Long term debt

$21.86M
GMRE annual long term debt is $21.86 million

Short term debt

$631.73M
GMRE annual short term debt is $631.73 million

Equity & Capital

Shareholders equity

$534.13M
GMRE annual stockholders equity is $534.13 million

Book value

$459.17M
GMRE annual book value is $459.17 million

Retained earnings

-$293.74M
GMRE annual retained earnings is -$293.74 million

Working capital

-$654.10M
GMRE annual working capital is -$654.10 million

Cash Flow Statement

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Cashflow Activities

Cash from operations

$70.05M
GMRE annual cash flow from operations is $70.05 million

Cash from operations 1-year change

+2.35%
GMRE annual cash flow from operations is up +2.35% year-on-year

Cash from investing

-$45.94M
GMRE annual cash flow from investing activities is -$45.94 million

Cash from investing 1-year change

-167.95%
GMRE annual cash flow from investing activities is down -167.95% year-on-year

Cash from financing

-$21.89M
GMRE annual cash flow from financing activities is -$21.89 million

Cash from financing 1-year change

+84.78%
GMRE annual cash flow from financing activities is up +84.78% year-on-year

CAPEX

CAPEX

$95.12M
GMRE annual capital expenditures is $95.12 million

CAPEX 1-year change

+846.83%
GMRE annual capital expenditures is up +846.83% year-on-year

Free Cash Flow

Free cash flow

-$25.07M
GMRE annual free cash flow is -$25.07 million

Free cash flow 1-year change

-142.94%
GMRE annual free cash flow is down -142.94% year-on-year

Profitability Ratios

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Margins

Gross margin

78.87%
GMRE annual gross profit margin is 78.87%

Operating margin

23.61%
GMRE annual operating profit margin is 23.61%

Net margin

4.79%
GMRE annual net profit margin is 4.79%

ROA & ROE

ROA

0.53%
GMRE annual return on assets is 0.53%

ROE

1.14%
GMRE annual return on equity is 1.14%

Valuation

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PE Ratio

PE ratio

748.00
GMRE price to earnings ratio is 748.00

PE ratio Sector rank

98.78%
GMRE price to earnings ratio is higher than 98.78% of companies in Real Estate sector

PB Ratio

PB ratio

1.09
GMRE price to book ratio is 1.09

PB ratio Sector rank

54.92%
GMRE price to book ratio is higher than 54.92% of companies in Real Estate sector

PS Ratio

PS ratio

3.61
GMRE price to sales ratio is 3.61

PS ratio Sector rank

49%
GMRE price to sales ratio is higher than 49% of companies in Real Estate sector

Enterprise value

Enterprise value

$1.15B
GMRE enterprise value is $1.15 billion

Enterprise value Sector rank

33.08%
GMRE enterprise value is higher than 33.08% of companies in Real Estate sector

EV/EBITDA

EV/EBITDA

12.54
GMRE EV/EBITDA is 12.54

EV/EBITDA Sector rank

46.86%
GMRE EV/EBITDA is higher than 46.86% of companies in Real Estate sector

Financial Health

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Liquidity

Current ratio

0.03
GMRE annual current ratio is 0.03

Quick ratio

-
GMRE annual quick ratio value is unknown

Leverage

Debt to equity

1.21
GMRE annual debt to equity ratio is 1.21

Interest coverage ratio

1.23
GMRE annual interest coverage ratio is 1.23

Risk & Stability

Piotroski F-Score

6
GMRE piotroski f-score is 6

Altman Z-Score

-0.32
GMRE altman z-score is -0.32

Analyst ratings

Recent major analysts updates

Mar 12, 25 Citizens Capital Markets
Market Perform
Oct 18, 24 Berenberg
Buy
Sep 19, 24 Alliance Global Partners
Buy
May 13, 24 B. Riley Securities
Buy
May 8, 23 B. Riley Securities
Buy
Mar 6, 23 B. Riley Securities
Buy
Oct 10, 22 Baird
Neutral
Oct 6, 22 BMO Capital
Market Perform
Jan 13, 22 Keybanc
Sector Weight
Sep 20, 21 Keybanc
Overweight

Institutional Ownership

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  • What is the ticker symbol for Global Medical REIT?
  • Does Global Medical REIT pay dividends?
  • What sector is Global Medical REIT in?
  • What industry is Global Medical REIT in?
  • What country is Global Medical REIT based in?
  • When did Global Medical REIT go public?
  • Is Global Medical REIT in the S&P 500?
  • Is Global Medical REIT in the NASDAQ 100?
  • Is Global Medical REIT in the Dow Jones?
  • When was Global Medical REIT's last earnings report?
  • When does Global Medical REIT report earnings?
  • Should I buy Global Medical REIT stock now?

What is the ticker symbol for Global Medical REIT?

The ticker symbol for Global Medical REIT is NYSE:GMRE

Does Global Medical REIT pay dividends?

Yes, Global Medical REIT pays dividends. The last payment was $0.21, with an ex-dividend date on March 21, 2025

What sector is Global Medical REIT in?

Global Medical REIT is in the Real Estate sector

What industry is Global Medical REIT in?

Global Medical REIT is in the Healthcare Facilities industry

What country is Global Medical REIT based in?

Global Medical REIT is headquartered in United States

When did Global Medical REIT go public?

Global Medical REIT's initial public offering (IPO) was on June 30, 2016

Is Global Medical REIT in the S&P 500?

No, Global Medical REIT is not included in the S&P 500 index

Is Global Medical REIT in the NASDAQ 100?

No, Global Medical REIT is not included in the NASDAQ 100 index

Is Global Medical REIT in the Dow Jones?

No, Global Medical REIT is not included in the Dow Jones index

When was Global Medical REIT's last earnings report?

Global Medical REIT's most recent earnings report was on Feb 28, 2025

When does Global Medical REIT report earnings?

The next expected earnings date for Global Medical REIT is May 7, 2025

Should I buy Global Medical REIT stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions
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