Global Medical REIT Inc. (GMRE): Price and Financial Metrics

Global Medical REIT Inc. (GMRE): $8.72

0.12 (+1.40%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: REITs - Healthcare

Industry

F

Ranked

#5 of 14

in industry

GMRE Price/Volume Stats

Current price $8.72 52-week high $11.59
Prev. close $8.60 52-week low $8.06
Day low $8.60 Volume 63,331
Day high $8.73 Avg. volume 374,992
50-day MA $9.36 Dividend yield 10.08%
200-day MA $9.60 Market Cap 571.81M

GMRE Stock Price Chart Interactive Chart >

GMRE POWR Grades

  • GMRE scores best on the Sentiment dimension, with a Sentiment rank ahead of 88.96% of US stocks.
  • The strongest trend for GMRE is in Growth, which has been heading up over the past 26 weeks.
  • GMRE ranks lowest in Value; there it ranks in the 43rd percentile.

GMRE Stock Summary

  • GMRE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 212.19 -- higher than 85.53% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of GLOBAL MEDICAL REIT INC's sales and general administrative expense to its total operating expenses; only 5.41% of US stocks have a lower such ratio.
  • GLOBAL MEDICAL REIT INC's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 19.38%, greater than the shareholder yield of 91.14% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to GLOBAL MEDICAL REIT INC, a group of peers worth examining would be XHR, DRH, SITC, SRC, and ADC.
  • Visit GMRE's SEC page to see the company's official filings. To visit the company's web site, go to www.globalmedicalreit.com.

GMRE Valuation Summary

  • In comparison to the median Real Estate stock, GMRE's price/sales ratio is 316.67% higher, now standing at 5.
  • Over the past 91 months, GMRE's price/sales ratio has gone up 0.1.

Below are key valuation metrics over time for GMRE.

Stock Date P/S P/B P/E EV/EBIT
GMRE 2023-12-29 5.0 1.2 45.5 24.9
GMRE 2023-12-28 5.2 1.2 46.7 25.2
GMRE 2023-12-27 5.2 1.2 46.7 25.2
GMRE 2023-12-26 5.2 1.2 46.8 25.2
GMRE 2023-12-22 5.2 1.2 47.2 25.4
GMRE 2023-12-21 5.1 1.2 46.4 25.2

GMRE Growth Metrics

    Its 3 year cash and equivalents growth rate is now at 147.58%.
  • Its 2 year net cashflow from operations growth rate is now at 64.83%.
  • Its year over year net cashflow from operations growth rate is now at 86.74%.
GMRE's revenue has moved up $60,595,000 over the prior 33 months.

The table below shows GMRE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 131.321 75.516 16.757
2022-06-30 125.898 75.81 12.389
2022-03-31 120.462 70.116 12.706
2021-12-31 115.936 68.967 11.8
2021-09-30 110.522 67.815 9.061
2021-06-30 105.636 43.728 -4.896

GMRE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • GMRE has a Quality Grade of C, ranking ahead of 26.93% of graded US stocks.
  • GMRE's asset turnover comes in at 0.095 -- ranking 222nd of 444 Trading stocks.
  • FHI, REXR, and BLK are the stocks whose asset turnover ratios are most correlated with GMRE.

The table below shows GMRE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.095 1 0.013
2021-03-31 0.094 1 0.012
2020-12-31 0.093 1 0.011
2020-09-30 0.093 1 0.012
2020-06-30 0.091 1 0.021
2020-03-31 0.091 1 0.022

Global Medical REIT Inc. (GMRE) Company Bio


Global Medical REIT engages primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to leading clinical operators. The company was founded in 2011 and is based in Bethesda, Maryland.


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Latest GMRE News From Around the Web

Below are the latest news stories about GLOBAL MEDICAL REIT INC that investors may wish to consider to help them evaluate GMRE as an investment opportunity.

Global Medical REIT Inc's Dividend Analysis

Global Medical REIT Inc (NYSE:GMRE) recently announced a dividend of $0.21 per share, payable on 2024-01-09, with the ex-dividend date set for 2023-12-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Global Medical REIT Inc's dividend performance and assess its sustainability.

Yahoo | December 25, 2023

Global Medical REIT Inc. Board Declares 2023 Fourth Quarter Common and Preferred Dividends

BETHESDA, Md., December 12, 2023--Global Medical REIT Inc. (NYSE: GMRE) (the "Company" or "GMRE"), a net-lease medical office 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 2023 fourth quarter common and preferred dividends.

Yahoo | December 12, 2023

Should You Buy Global Medical REIT (GMRE) After Golden Cross?

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

Yahoo | December 11, 2023

Global Medical REIT Inc. (NYSE:GMRE) Q3 2023 Earnings Call Transcript

Global Medical REIT Inc. (NYSE:GMRE) Q3 2023 Earnings Call Transcript November 7, 2023 Operator: Greetings, and welcome to the Global Medical REIT Third Quarter 2023 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Steve, Investor Relations. Thank you, sir. You may […]

Yahoo | November 8, 2023

Q3 2023 Global Medical REIT Inc Earnings Call

Q3 2023 Global Medical REIT Inc Earnings Call

Yahoo | November 8, 2023

Read More 'GMRE' Stories Here

GMRE Price Returns

1-mo -4.69%
3-mo -19.55%
6-mo 1.41%
1-year 8.11%
3-year -15.56%
5-year 27.63%
YTD -19.55%
2023 27.91%
2022 -42.38%
2021 43.51%
2020 5.76%
2019 59.98%

GMRE Dividends

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Continue Researching GMRE

Here are a few links from around the web to help you further your research on Global Medical REIT Inc's stock as an investment opportunity:

Global Medical REIT Inc (GMRE) Stock Price | Nasdaq
Global Medical REIT Inc (GMRE) Stock Quote, History and News - Yahoo Finance
Global Medical REIT Inc (GMRE) Stock Price and Basic Information | MarketWatch

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