Global Medical REIT Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 121/195 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 40.25.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Global Medical REIT Inc's Score
Industry at a Glance
Industry Ranking
121 / 195
Overall Ranking
240 / 4563
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
40.250
Target Price
+22.56%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Global Medical REIT Inc Highlights
StrengthsRisks
Global Medical REIT Inc. is an internally managed real estate investment trust (REIT). The Company acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The Company conducts its business through a wholly owned subsidiary of its operating partnership, Global Medical REIT L.P. It owns 92.6% of the outstanding common operating partnership units (OP Units) of its operating partnership, with an aggregate of 7.4% of the Operating Partnership owned by holders of long-term incentive plan units (LTIP Units) and third-party limited partners who contributed properties or services to the operating partnership in exchange for OP Units. Its portfolio includes medical office buildings (MOBs), inpatient rehab. facility (IRF), surgical hospitals and others. The Company's portfolio is located in various areas, including Texas, Florida, Ohio, Pennsylvania, Illinois, Arizona, and Michigan.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 6851.17%.
Undervalued
The company’s latest PE is -135.60, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 9.42M shares, decreasing 8.21% quarter-over-quarter.
Global Medical REIT Inc. is an internally managed real estate investment trust (REIT). The Company acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The Company conducts its business through a wholly owned subsidiary of its operating partnership, Global Medical REIT L.P. It owns 92.6% of the outstanding common operating partnership units (OP Units) of its operating partnership, with an aggregate of 7.4% of the Operating Partnership owned by holders of long-term incentive plan units (LTIP Units) and third-party limited partners who contributed properties or services to the operating partnership in exchange for OP Units. Its portfolio includes medical office buildings (MOBs), inpatient rehab. facility (IRF), surgical hospitals and others. The Company's portfolio is located in various areas, including Texas, Florida, Ohio, Pennsylvania, Illinois, Arizona, and Michigan.
Ticker SymbolGMRE
CompanyGlobal Medical REIT Inc
CEODecker (Mark Okey)
Websitehttps://www.globalmedicalreit.com/
FAQs
What is the current price of Global Medical REIT Inc (GMRE)?
The current price of Global Medical REIT Inc (GMRE) is 33.445.
What is the symbol of Global Medical REIT Inc?
The ticker symbol of Global Medical REIT Inc is GMRE.
What is the 52-week high of Global Medical REIT Inc?
The 52-week high of Global Medical REIT Inc is 45.750.
What is the 52-week low of Global Medical REIT Inc?
The 52-week low of Global Medical REIT Inc is 29.050.
What is the market capitalization of Global Medical REIT Inc?
The market capitalization of Global Medical REIT Inc is 448.40M.
What is the net income of Global Medical REIT Inc?
The net income of Global Medical REIT Inc is 811.00K.
Is Global Medical REIT Inc (GMRE) currently rated as Buy, Hold, or Sell?
According to analysts, Global Medical REIT Inc (GMRE) has an overall rating of Buy, with a price target of 40.250.
What is the Earnings Per Share (EPS TTM) of Global Medical REIT Inc (GMRE)?
The Earnings Per Share (EPS TTM) of Global Medical REIT Inc (GMRE) is -0.247.