NYSE:GMRE - Global Medical REIT Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Global Medical REIT Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.69 +0.09 (+0.58 %) (As of 02/17/2020 04:00 PM ET) Add Compare Today's Range$15.55Now: $15.69▼$15.7250-Day Range$12.97MA: $14.44▼$15.6952-Week Range$9.36Now: $15.69▼$15.72Volume203,012 shsAverage Volume278,219 shsMarket Capitalization$578.49 millionP/E Ratio41.29Dividend Yield5.10%Beta0.41 ProfileAnalyst RatingsAdvanced ChartDividendEarningsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:GMRE Previous Symbol CUSIPN/A CIKN/A Webhttp://www.globalmedicalreit.com/ Phone202-524-6851Debt Debt-to-Equity Ratio1.25 Current Ratio0.13 Quick Ratio0.13Price-To-Earnings Trailing P/E Ratio41.29 Forward P/E Ratio20.92 P/E GrowthN/A Sales & Book Value Annual Sales$53.19 million Price / Sales10.88 Cash Flow$1.49 per share Price / Cash Flow10.56 Book Value$10.08 per share Price / Book1.56Profitability EPS (Most Recent Fiscal Year)$0.78 Net Income$13.49 million Net Margins23.42% Return on Equity5.49% Return on Assets2.12%Miscellaneous EmployeesN/A Outstanding Shares36,870,000Market Cap$578.49 million Next Earnings Date3/4/2020 (Confirmed) OptionableOptionable Receive GMRE News and Ratings via Email Sign-up to receive the latest news and ratings for GMRE and its competitors with MarketBeat's FREE daily newsletter. GMRE Rates by TradingView 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 Monday, December 16th. Investors of record on Thursday, December 26th will be paid a dividend of $0.20 per share on Thursday, January 9th. This represents a $0.80 annualized dividend and a yield of 5.10%. The ex-dividend date is Tuesday, December 24th. View Global Medical REIT's Dividend History. How were Global Medical REIT's earnings last quarter? Global Medical REIT Inc (NYSE:GMRE) posted its earnings results on Wednesday, November, 6th. The company reported $0.02 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.17. The firm had revenue of $18.20 million for the quarter, compared to the consensus estimate of $17.68 million. Global Medical REIT had a return on equity of 5.49% and a net margin of 23.42%. 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 4th 2020. View Earnings Estimates for Global Medical REIT. How can I listen to Global Medical REIT's earnings call? Global Medical REIT will be holding an earnings conference call on Wednesday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. What price target have analysts set for GMRE? 5 analysts have issued 12-month target prices for Global Medical REIT's shares. Their forecasts range from $11.00 to $16.00. On average, they anticipate Global Medical REIT's stock price to reach $14.10 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Global Medical REIT. What is the consensus analysts' recommendation for Global Medical REIT? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Medical REIT in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Global Medical REIT. What are Wall Street analysts saying about Global Medical REIT stock? Here are some recent quotes from research analysts about Global Medical REIT stock: 1. According to Zacks Investment Research, "Global Medical REIT Inc. is engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to clinical operators. Global Medical REIT Inc. is based in Denver, United States. " (11/9/2019) 2. Boenning Scattergood analysts commented, "We think that GMRE could have purchasing power remaining, on the order of $25 million to $35 million, and that incremental acquisition activity in 2019 will be funded by the newly expanded credit facility and ATM offerings. While GMRE’s portfolio acquisition offered an attractive ROI, we think that future acquisitions will be one-off properties — probably medical office – priced around its sweet spot of $10 million on average. Based on what we know about the timing of acquisitions in April and what we estimate in terms of acquisition activity over the balance of the year, we are raising our forward NAV estimate from $10.30 to $10.50." (5/10/2019) Has Global Medical REIT been receiving favorable news coverage? Media headlines about GMRE stock have trended somewhat negative on Monday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Global Medical REIT earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Global Medical REIT. Who are some of Global Medical REIT's key competitors? Some companies that are related to Global Medical REIT include Great Portland Estates (GPEAF), Ladder Capital (LADR), National Storage Affiliates Trust (NSA), Acadia Realty Trust (AKR), Caretrust REIT (CTRE), Four Corners Property Trust (FCPT), The GEO Group (GEO), DiamondRock Hospitality (DRH), Redwood Trust (RWT), Corecivic (CXW), Mack Cali Realty (CLI), Retail Opportunity Investments (ROIC), LTC Properties (LTC), Global Net Lease (GNL) and Easterly Government Properties (DEA). What other stocks do shareholders of Global Medical REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other Global Medical REIT investors own include Principal Financial Group (PFG), Insys Therapeutics (INSY), General Electric (GE), Big Lots (BIG), Square (SQ), New Residential Investment (NRZ), Ready Capital (RC), Cypress Semiconductor (CY), Sangamo Therapeutics (SGMO) and Ritter Pharmaceuticals (RTTR). 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 OfficerDanica Holley, Chief Operating OfficerRobert J. Kiernan, Chief Financial Officer & TreasurerAlfonzo Leon, Chief Investment OfficerAllen E. Webb, Senior VP-SEC Reporting & Technical Accounting When did Global Medical REIT IPO? (GMRE) raised $130 million in an initial public offering on Wednesday, June 29th 2016. The company issued 13,000,000 shares at $10.00 per share. Wunderlich and Oppenheimer served 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 many different of retail and institutional investors. Top institutional investors include Prudential Financial Inc. (2.59%), Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD (2.51%), State Street Corp (2.14%), FMR LLC (2.00%), RMR Advisors LLC (1.45%) and State of New Jersey Common Pension Fund D (1.31%). Company insiders that own Global Medical REIT stock include Jeffrey Busch, Matthew Cypher, Ronald Marston, Roscoe M Moore Jr and Zh Usa, Llc. View Institutional Ownership Trends for Global Medical REIT. Which institutional investors are selling Global Medical REIT stock? GMRE stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Pacific Ridge Capital Partners LLC, Chicago Equity Partners LLC, EAM Investors LLC, Foundry Partners LLC, Victory Capital Management Inc., Eidelman Virant Capital and UBS Group AG. View Insider Buying and Selling for Global Medical REIT. Which institutional investors are buying Global Medical REIT stock? GMRE stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., FMR LLC, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD, Dana Investment Advisors Inc., Meitav Dash Investments Ltd., HGI Capital Management LLC, Renaissance Technologies LLC and Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD. Company insiders that have bought Global Medical REIT stock in the last two years include 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, Robinhood, Fidelity and Charles Schwab. What is Global Medical REIT's stock price today? One share of GMRE stock can currently be purchased for approximately $15.69. How big of a company is Global Medical REIT? Global Medical REIT has a market capitalization of $578.49 million and generates $53.19 million in revenue each year. The company earns $13.49 million in net income (profit) each year or $0.78 on an earnings per share basis. View Additional Information About Global Medical REIT. 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: 2.5 out of 5 ( )Outperform Votes: 246 (Vote Outperform)Underperform Votes: 242 (Vote Underperform)Total Votes: 488MarketBeat'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 2/17/2020 by MarketBeat.com StaffFeatured Article: What is a Buy-Side Analyst?
