GMRE

Global Medical REIT
GMRE

$9.85

2.28%

Market Cap: 646M

About: Global Medical REIT Inc is a Maryland corporation engaged predominantly in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to physician groups and regional and national healthcare systems. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases.

Employees: 26

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

134% more call options, than puts

Call options by funds: $867K | Put options by funds: $371K

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

18% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 61

4% more funds holding

Funds holding: 190 [Q4 2023] → 198 (+8) [Q1 2024]

0.61% less ownership

Funds ownership: 57.46% [Q4 2023] → 56.85% (-0.61%) [Q1 2024]

23% less capital invested

Capital invested by funds: $419M [Q4 2023] → $321M (-$97.9M) [Q1 2024]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$10

2%

upside

Avg. target

$10

2%

upside

High target

$10

2%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

B. Riley Securities

Bryan Maher

2%upside

$10

Buy

Maintained

13 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about GMRE published over the past 30 days

Picking A Winner In High-Yield REITs

REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avoid potential dividend cuts and share price sell-offs. Market cap, balance sheet strength, FFO growth forecast, dividend score, and price are key factors in identifying the best high-yield REIT for investment.

Picking A Winner In High-Yield REITs

Global Medical REIT Inc. Announces Dates for Second Quarter Earnings Release and Webcast

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that it intends to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the foll.

Global Medical REIT Inc. Announces Dates for Second Quarter Earnings Release and Webcast

5 Roughed-Up REITs With 11%+ Average Yields

I love the economics of real estate. But a landlord I'm not.

5 Roughed-Up REITs With 11%+ Average Yields

Global Medical REIT Inc. Releases Corporate Social Responsibility Report

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced the publication of the Company's Corporate Social Responsibility Report (“the Report”) detailing its approach to environmental, social, and governance (ESG) topics. Jeffrey M. Busch, Chairman, Chief E.

Global Medical REIT Inc. Releases Corporate Social Responsibility Report

2 De-Risked 9% Yielding Picks That I Own In My Portfolio

The current interest rates levels enable more high yield opportunities. Yet, to achieve close to double digit yields, in most cases, investors have to take excessive risk. In this article I present two de-risked ~ 9% yielders, which I also own in my high yield seeking investment portfolio.

2 De-Risked 9% Yielding Picks That I Own In My Portfolio

Global Medical: The Yield Is Not Too Good To Be True

Global Medical's portfolio consists of 185 properties across 34 states, with strong rent coverage and tenant diversification. GMRE pays a high dividend yield of 9.53% and the payout ratio is 92.3%, but I think a dividend cut is unlikely. Demand for medical services is resilient and the REIT has manageable debt levels to take advantage of it in the long term.

Global Medical: The Yield Is Not Too Good To Be True

Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2024 second quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 second quarter cash divid.

Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends

Picking A Winner In Healthcare REITs

Healthcare REITs performed well during the recent earnings season. The sector showed strength and resilience in the face of economic challenges, and enjoys strong tailwinds from the aging of the U.S. population. This article examines growth, balance sheet, dividend, and valuation metrics of 16 Healthcare REITs, to identify the best investment from this sector.

Picking A Winner In Healthcare REITs

Global Medical: The 7.6% Preferred Yield Trumps The Common

Global Medical REIT Inc. experienced a slight decline in revenues and occupancy levels in Q1-2024. The company's growth strategy has stalled, but it still yields a whopping 9.6%. We look at the dividend safety of the common shares and also go over why we don't own the safer preferreds yielding 7.6%.

Global Medical: The 7.6% Preferred Yield Trumps The Common

24/7 Wall Street

Want $10,000 In Passive Income? Invest $8,000 Into These 12 Dividend Stocks

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement?

Want $10,000 In Passive Income? Invest $8,000 Into These 12 Dividend Stocks

See News Rankings