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

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$9.46 -0.08 (-0.84 %)
(As of 01/22/2019 10:02 AM ET)
Previous Close$9.54
Today's Range$9.45 - $9.54
52-Week Range$6.34 - $10.05
Volume6,233 shs
Average Volume128,863 shs
Market Capitalization$212.68 million
P/E Ratio17.52
Dividend Yield8.39%
Beta0.51
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$0.5186 per share
Book Value$8.51 per share

Profitability

Net Income$-30,000.00

Miscellaneous

Employees9
Market Cap$212.68 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 announced a quarterly dividend on Friday, December 14th. Shareholders 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 yield of 8.46%. The ex-dividend date of this dividend 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) announced its earnings results on Monday, November, 5th. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.22. The business earned $14 million during the quarter, compared to the consensus estimate of $14.34 million. Global Medical REIT had a net margin of 9.87% and a return on equity of 2.65%. 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 brokers have issued 12 month price objectives for Global Medical REIT's shares. Their predictions range from $8.00 to $12.00. On average, they anticipate Global Medical REIT's stock price to reach $10.3383 in the next year. This suggests a possible upside of 9.3% from the stock's current price. 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?

Media coverage about GMRE stock has trended very positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog 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 sentiment score of 3.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several 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 a price of $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.

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 $9.46.

How big of a company is Global Medical REIT?

Global Medical REIT has a market capitalization of $212.68 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:  176 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  369
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 1/22/2019 by MarketBeat.com Staff

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