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Global Medical REIT Inc

GMRE
View Detailed Chart
36.630USD
-0.080-0.22%
Close 02/06, 16:00ETQuotes delayed by 15 min
491.10MMarket Cap
LossP/E TTM

Global Medical REIT Inc

36.630
-0.080-0.22%
Intraday
1m
30m
1h
D
W
M
D

Today

-0.22%

5 Days

+6.05%

1 Month

+6.82%

6 Months

+12.71%

Year to Date

+8.57%

1 Year

-7.62%

View Detailed Chart

Key Insights

Global Medical REIT Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 73 out of 191 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 40.86.In the medium term, the stock price is expected to trend up.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
73 / 191
Overall Ranking
141 / 4521
Industry
Residential & Commercial REITs

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

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 -148.49, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 9.51M shares, decreasing 11.27% quarter-over-quarter.
Held by PRFDX
Star Investor PRFDX holds 8.93K shares of this stock.

Analyst Rating

Based on 9 analysts
Buy
Current Rating
40.857
Target Price
+11.30%
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 News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Global Medical REIT Inc Info

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/
KeyAI