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NYSE: GMRE
Global Medical Reit Inc Stock

$9.29+0.11 (+1.2%)
Updated May 31, 2024
GMRE Price
$9.29
Fair Value Price
N/A
Market Cap
$609.31M
52 Week Low
$7.98
52 Week High
$11.59
P/E
40.39x
P/B
1.06x
P/S
4.1x
PEG
N/A
Dividend Yield
9.04%
Revenue
$139.94M
Earnings
$20.73M
Gross Margin
100%
Operating Margin
35.91%
Profit Margin
10.7%
Debt to Equity
1.16
Operating Cash Flow
$67M
Beta
1.01
Next Earnings
Jul 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GMRE Overview

Global Medical REIT Inc. leases purpose-built healthcare facilities in select markets to clinical operators with dominant market share. Its facilities include surgery centers, specialty hospitals, and outpatient treatment centers. Global Medical REIT was founded in 2011 and is headquartered in Bethesda, MD.

Zen Score

Industry Average (26)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GMRE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GMRE was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GMRE is poor value based on its earnings relative to its share price (40.39x), compared to the US market average (28.44x)
P/E vs Market Valuation
GMRE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more GMRE due diligence checks available for Premium users.

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GMRE News

Valuation

GMRE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
40.39x
Industry
27.54x
Market
28.44x
GMRE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GMRE is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

GMRE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.06x
Industry
1.74x
GMRE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GMRE's financial health

Profit margin

Revenue
$35.1M
Net Income
$2.2M
Profit Margin
2.3%
GMRE's Earnings (EBIT) of $50.25M... subscribe to Premium to read more.
Interest Coverage Financials
GMRE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.3B
Liabilities
$666.5M
Debt to equity
1.16
GMRE's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
GMRE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$14.3M
Investing
-$2.7M
Financing
-$10.5M
GMRE's operating cash flow ($66.96M)... subscribe to Premium to read more.
Debt Coverage Financials

GMRE vs Healthcare Facility REIT Stocks

TickerMarket Cap1d %P/EP/B
GMRE$609.31M+1.20%40.39x1.06x
DHC$584.16M+3.85%-1.77x0.26x
CHCT$649.87M+2.31%38.46x1.27x
UHT$519.55M+0.16%32.12x2.64x
STRW$69.70M-0.82%25.19x9.31x

Global Medical Reit Stock FAQ

What is Global Medical Reit's quote symbol?

(NYSE: GMRE) Global Medical Reit trades on the NYSE under the ticker symbol GMRE. Global Medical Reit stock quotes can also be displayed as NYSE: GMRE.

If you're new to stock investing, here's how to buy Global Medical Reit stock.

What is the 52 week high and low for Global Medical Reit (NYSE: GMRE)?

(NYSE: GMRE) Global Medical Reit's 52-week high was $11.59, and its 52-week low was $7.98. It is currently -19.81% from its 52-week high and 16.42% from its 52-week low.

How much is Global Medical Reit stock worth today?

(NYSE: GMRE) Global Medical Reit currently has 65,587,648 outstanding shares. With Global Medical Reit stock trading at $9.29 per share, the total value of Global Medical Reit stock (market capitalization) is $609.31M.

Global Medical Reit stock was originally listed at a price of $10.11 in Jun 30, 2016. If you had invested in Global Medical Reit stock at $10.11, your return over the last 7 years would have been -8.11%, for an annualized return of -1.2% (not including any dividends or dividend reinvestments).

How much is Global Medical Reit's stock price per share?

(NYSE: GMRE) Global Medical Reit stock price per share is $9.29 today (as of May 31, 2024).

What is Global Medical Reit's Market Cap?

(NYSE: GMRE) Global Medical Reit's market cap is $609.31M, as of Jun 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Global Medical Reit's market cap is calculated by multiplying GMRE's current stock price of $9.29 by GMRE's total outstanding shares of 65,587,648.
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