Global Medical REIT Inc. (GMRE): Price and Financial Metrics
GMRE Price/Volume Stats
Current price | $9.54 | 52-week high | $11.59 |
Prev. close | $9.43 | 52-week low | $8.04 |
Day low | $9.38 | Volume | 373,200 |
Day high | $9.56 | Avg. volume | 327,289 |
50-day MA | $10.52 | Dividend yield | 8.78% |
200-day MA | $9.57 | Market Cap | 625.49M |
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%.
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.
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 AnalysisGlobal 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. |
Global Medical REIT Inc. Board Declares 2023 Fourth Quarter Common and Preferred DividendsBETHESDA, 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. |
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? |
Global Medical REIT Inc. (NYSE:GMRE) Q3 2023 Earnings Call TranscriptGlobal 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 […] |
Q3 2023 Global Medical REIT Inc Earnings CallQ3 2023 Global Medical REIT Inc Earnings Call |
GMRE Price Returns
1-mo | -11.17% |
3-mo | 5.05% |
6-mo | 0.47% |
1-year | -5.17% |
3-year | -11.28% |
5-year | 37.01% |
YTD | -14.05% |
2023 | 27.91% |
2022 | -42.38% |
2021 | 43.51% |
2020 | 5.76% |
2019 | 59.98% |
GMRE Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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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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