Global Medical Reit inc   (GMRE)
Other Ticker:  
Price: $9.9300 $0.05 0.506%
Day's High: $9.97 Week Perf: 1.95 %
Day's Low: $ 9.79 30 Day Perf: 17.38 %
Volume (M): 186 52 Wk High: $ 11.79
Volume (M$): $ 1,846 52 Wk Avg: $9.50
Open: $9.87 52 Wk Low: $8.04

 Market Capitalization (Millions $) 651
 Shares Outstanding (Millions) 66
 Employees 16
 Revenues (TTM) (Millions $) 144
 Net Income (TTM) (Millions $) 25
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 1

Global Medical Reit Inc
Global Medical REIT Inc. is a real estate investment trust (REIT) that focuses on owning and managing medical facilities across the United States. The company was founded in 2016 and is based in Bethesda, Maryland.

Global Medical REIT's portfolio consists of a variety of medical properties, including hospitals, senior living facilities, outpatient clinics, and behavioral health centers. The company's properties are located in 26 states across the country, making it one of the largest healthcare REITs in the United States.

The company's business model is based on leasing its properties to healthcare providers, who in turn offer medical services to patients. Global Medical REIT's tenants are predominantly established healthcare organizations, including large hospital systems and regional health providers. As a result, the company has a diversified tenant base that mitigates risk and ensures a stable income stream.

Global Medical REIT focuses on acquiring properties with long-term leases, typically lasting 10-15 years, which provide predictable and stable income. The company also looks for properties that offer growth potential through lease extensions, expansions, or new developments.

Global Medical REIT has a highly experienced management team with decades of experience in the healthcare and real estate sectors. The team has a proven track record of successfully acquiring, managing, and maximizing value in healthcare real estate assets. The management team has a keen focus on risk management and maintaining a conservative balance sheet.

Since its inception, Global Medical REIT has shown impressive growth, expanding its portfolio rapidly through strategic acquisitions. The company's financial performance has been strong, with steady revenue and net income growth over the years. The company has a healthy dividend yield, making it an attractive investment for income-seeking investors.

Overall, Global Medical REIT is a stable and growing healthcare REIT that offers investors exposure to the healthcare sector. With a geographically diversified portfolio, long-term leases, experienced management team, and strong financial performance, the company's future looks promising.

   Company Address: 7373 Wisconsin Avenue, Suite 800 Bethesda 20814 MD
   Company Phone Number: 524-6851   Stock Exchange / Ticker: NYSE GMRE
   GMRE is expected to report next financial results on February 29, 2024.


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