NYSE:GMRE - Global Medical REIT Stock Price, News, & Analysis

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$10.59 0.00 (0.00 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$10.59
Today's Range$10.50 - $10.72
52-Week Range$6.34 - $10.72
Volume197,578 shs
Average Volume135,691 shs
Market Capitalization$236.08 million
P/E Ratio19.61
Dividend Yield7.55%
Beta0.58
Global Medical REIT, Inc. operates as a development stage company that intends to develop and manage a portfolio of healthcare real estate assets and properties. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone202-524-6851

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$30.34 million
Cash Flow$0.53 per share
Book Value$8.51 per share

Profitability

Net Income$-30,000.00

Miscellaneous

Employees9
Market Cap$236.08 million
OptionableOptionable

Global Medical REIT (NYSE:GMRE) Frequently Asked Questions

What is Global Medical REIT's stock symbol?

Global Medical REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "GMRE."

How often does Global Medical REIT pay dividends? What is the dividend yield for Global Medical REIT?

Global Medical REIT declared a quarterly dividend on Friday, December 14th. Stockholders of record on Wednesday, December 26th will be given a dividend of $0.20 per share on Thursday, January 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date is Monday, December 24th. View Global Medical REIT's Dividend History.

How were Global Medical REIT's earnings last quarter?

Global Medical REIT Inc (NYSE:GMRE) issued its quarterly earnings data on Monday, November, 5th. The company reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.22. The company had revenue of $14 million for the quarter, compared to analysts' expectations of $14.34 million. Global Medical REIT had a return on equity of 2.65% and a net margin of 9.87%. View Global Medical REIT's Earnings History.

When is Global Medical REIT's next earnings date?

Global Medical REIT is scheduled to release their next quarterly earnings announcement on Wednesday, March 6th 2019. View Earnings Estimates for Global Medical REIT.

What price target have analysts set for GMRE?

6 analysts have issued 12-month price objectives for Global Medical REIT's shares. Their forecasts range from $8.00 to $12.00. On average, they anticipate Global Medical REIT's share price to reach $10.3383 in the next year. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Global Medical REIT.

What is the consensus analysts' recommendation for Global Medical REIT?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Medical REIT in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Global Medical REIT.

Has Global Medical REIT been receiving favorable news coverage?

News stories about GMRE stock have trended neutral on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Global Medical REIT earned a news impact score of 0.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days.

Who are some of Global Medical REIT's key competitors?

Who are Global Medical REIT's key executives?

Global Medical REIT's management team includes the folowing people:
  • Jeffrey Mark Busch, Chairman, President & Chief Executive Officer
  • Danica Holley, Chief Operating Officer
  • Robert J. Kiernan, Chief Financial Officer & Treasurer
  • Alfonzo Leon, Chief Investment Officer
  • Allen E. Webb, Senior VP-SEC Reporting & Technical Accounting

When did Global Medical REIT IPO?

(GMRE) raised $130 million in an initial public offering (IPO) on Wednesday, June 29th 2016. The company issued 13,000,000 shares at $10.00 per share. Wunderlich and Oppenheimer acted as the underwriters for the IPO and BB&T Capital Markets, Compass Point and D.A. Davidson were co-managers.

Who are Global Medical REIT's major shareholders?

Global Medical REIT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.75%), State of New Jersey Common Pension Fund D (2.64%), Bank of New York Mellon Corp (0.92%), Geode Capital Management LLC (0.90%), Stifel Financial Corp (0.68%) and LSV Asset Management (0.65%). Company insiders that own Global Medical REIT stock include Henry Cole, Jeffrey Busch, Matthew Cypher, Ronald Marston and Zh Usa, Llc. View Institutional Ownership Trends for Global Medical REIT.

Which major investors are selling Global Medical REIT stock?

GMRE stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, BB&T Securities LLC, Martingale Asset Management L P and Citigroup Inc.. View Insider Buying and Selling for Global Medical REIT.

Which major investors are buying Global Medical REIT stock?

GMRE stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, LSV Asset Management, Rhumbline Advisers, PVG Asset Management Corp, Hound Partners LLC, Two Sigma Investments LP, BlackRock Inc. and Dimensional Fund Advisors LP. Company insiders that have bought Global Medical REIT stock in the last two years include Henry Cole, Jeffrey Busch, Matthew Cypher, Ronald Marston and Zh Usa, Llc. View Insider Buying and Selling for Global Medical REIT.

How do I buy shares of Global Medical REIT?

Shares of GMRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Global Medical REIT's stock price today?

One share of GMRE stock can currently be purchased for approximately $10.59.

How big of a company is Global Medical REIT?

Global Medical REIT has a market capitalization of $236.08 million and generates $30.34 million in revenue each year. The company earns $-30,000.00 in net income (profit) each year or $0.54 on an earnings per share basis. Global Medical REIT employs 9 workers across the globe.

What is Global Medical REIT's official website?

The official website for Global Medical REIT is http://www.globalmedicalreit.com.

How can I contact Global Medical REIT?

Global Medical REIT's mailing address is 2 Bethesda Metro Center Suite 440, BETHESDA MD, 20814. The company can be reached via phone at 202-524-6851.


MarketBeat Community Rating for Global Medical REIT (NYSE GMRE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  380
MarketBeat's community ratings are surveys of what our community members think about Global Medical REIT and other stocks. Vote "Outperform" if you believe GMRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GMRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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