GMRE

Global Medical REIT
GMRE
Market cap $623M

9.50 USD

-0.14

1.45%

At close Oct 3, 4:00 PM EDT

After hours

9.50

+0.00

0%

1 day

-1.45%

5 days

-4.14%

1 month

2.48%

3 months

6.15%

6 months

11.37%

Year to date

-13.64%

1 year

10.21%

5 years

-19.08%

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 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $519K | Put options by funds: $371K

17% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 63

4% more capital invested

Capital invested by funds: $327M [Q1] → $340M (+$13.7M) [Q2]

0.2% more ownership

Funds ownership: 57.89% [Q1] → 58.09% (+0.2%) [Q2]

3% less funds holding

Funds holding: 202 [Q1] → 196 (-6) [Q2]

22% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 27

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$12

26%

upside

Avg. target

$12

26%

upside

High target

$12

26%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Alliance Global Partners

26%upside

$12

Buy

Initiated

19 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about GMRE published over the past 30 days

8 Dividend Stocks I'm Buying In October (Including A New Holding)

The stock market appears richly valued, with REITs and utilities outperforming tech stocks since the June CPI report, reflecting a defensive, yield-oriented investor shift. I plan to allocate dividends to the iShares 0-3 Month Treasury ETF for stability and also buy 8 dividend stocks, including a brand-new position. My dividend growth projection guesstimate involves analyzing management's earnings growth expectations, payout ratios, historical dividend growth, and potential obstacles.

8 Dividend Stocks I'm Buying In October (Including A New Holding)

3 REITs Best Positioned To Benefit From Cheaper Debt

BSR REIT, Global Medical REIT, and CTO Realty have strong fundamentals, substantial variable rate debt, and deeply discounted trading multiples. Market fears of refinancing at higher rates have led to steep discounts, but recent yield curve changes suggest these fears may be overblown. Anticipated interest rate cuts could allow these REITs to refinance with minimal impact on interest expenses, potentially boosting their AFFO multiples.

3 REITs Best Positioned To Benefit From Cheaper Debt

Zacks Investment Research

GMRE vs. CDP: Which Stock Should Value Investors Buy Now?

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Global Medical REIT (GMRE) or COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?

GMRE vs. CDP: Which Stock Should Value Investors Buy Now?

2 REITs With Asymmetric Payoff And Juicy Dividends

In the falling interest rate environment, duration-loaded assets thrive. Since REITs enjoy predictable cash flows from long-term agreements, they are quite sensitive to interest rate changes just as bonds. Historical examples, like the Austrian century bond, illustrate the impact of shifting monetary policies on such assets.

2 REITs With Asymmetric Payoff And Juicy Dividends

Global Medical REIT's Underwriting Is Demonstrated To Be Effective

Global Medical REIT (GMRE) trades at a significant discount with a P/AFFO under 11X, compared to the healthcare REIT sector mean of 15.7X. GMRE's strong underwriting and recent lease agreements ensure stable forward cashflows, despite market concerns over Steward's bankruptcy. GMRE's superior acquisition strategy, transparency, and investor alignment have enabled it to grow AFFO/share even during challenging periods for healthcare REITs.

Global Medical REIT's Underwriting Is Demonstrated To Be Effective

U.S. equity and bond markets exhibited a surprisingly muted response to the Federal Reserve's decision to cut interest rates by 50 basis points, a distinctly dovish pivot following its aggressive tightening cycle. Longer-term benchmark rates actually climbed modestly after the decision in a "curve steepening" trade, reflecting concern that the Fed's dovish tack could revive some inflationary pressures. Led by "pro-cyclical" market segments, the S&P 500 posted gains of 1.1% this week, breaching fresh record highs on Thursday before paring post-Fed gains late in the week.

Fed Goes Big

Global Medical REIT Announces Lease with CHRISTUS Health at its Facility in Beaumont, Texas

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 that it has entered into a new, 15-year, triple-net lease with an affiliate of CHRISTUS Health (“CHRISTUS”) at its healthcare facility in Beaumont, Texas (the “Beaumont Facility”). CHRISTUS will utili.

Global Medical REIT Announces Lease with CHRISTUS Health at its Facility in Beaumont, Texas

Zacks Investment Research

GMRE or CDP: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?

GMRE or CDP: Which Is the Better Value Stock Right Now?

Global Medical REIT Inc. Board Declares 2024 Third 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 third quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 third quarter cash dividen.

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

I Sold These REITs

The REIT market is vast and versatile. Not all REITs are equally attractive. Here are three REITs that I sold recently.

I Sold These REITs

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