CSIMarket
 
Global Medical Reit inc   (GMRE)
Other Ticker:  
 
 
Price: $8.7400 $0.06 0.691%
Day's High: $8.76 Week Perf: -3.96 %
Day's Low: $ 8.61 30 Day Perf: -7.51 %
Volume (M): 996 52 Wk High: $ 11.59
Volume (M$): $ 8,702 52 Wk Avg: $9.48
Open: $8.62 52 Wk Low: $8.04



 Market Capitalization (Millions $) 562
 Shares Outstanding (Millions) 64
 Employees 16
 Revenues (TTM) (Millions $) 141
 Net Income (TTM) (Millions $) 22
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) 0

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
    Next quarterly dividend pay out on April 12, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Dividend

Global Medical REIT Inc. Boosts Investor Confidence with Declaration of 2024 First Quarter Dividends

Published Thu, Mar 7 2024 9:05 PM UTC



Global Medical REIT Inc. (GMRE), a leading net-lease medical office real estate investment trust (REIT), has recently announced the declaration of its 2024 first quarter common and preferred dividends. This move demonstrates the company's commitment to providing returns to its shareholders and further solidifies its position as a reliable investment option in the h...

Global Medical Reit Inc

Global Medical REIT Inc Reports Single-Digit Revenue Depreciation in Fourth Quarter of 2023

Global Medical REIT Inc (GMRE), a net-lease medical office real estate investment trust (REIT), has reported its financial results for the three and twelve months ending on December 31, 2023. The company specializes in acquiring healthcare facilities and leasing them to various healthcare systems and physician groups. Under the leadership of Jeffrey M. Busch, Chairman, Chief Executive Officer, and President, Global Medical REIT has experienced significant success throughout the year.
In the most recent fiscal period, GMRE faced lower turnover, resulting in dwindling revenue and an increased shortfall. The company slipped into a shortfall of $-0.01 per share, while revenue dropped by -9.211% to $32.96 million year-on-year. In the prior quarter, GMRE realized revenue of $35.51 million and a bottom line of $0.05 per share.

Dividend

Global Medical REIT Reports Strong Financial Performance for 2023Sub Net-lease medical office REIT achieves remarkable growth and expansion

Published Tue, Feb 27 2024 9:05 PM UTC



Bethesda, Md.-based Global Medical REIT Inc. (NYSE: GMRE) has released its financial results for the three and twelve months ending on December 31, 2023. As a net-lease medical office real estate investment trust (REIT), the company specializes in acquiring healthcare facilities and leasing them to various healthcare systems and physician groups. Under the leadersh...

Business Update

Global Medical REIT Releases Tax Treatment Details for its 2023 Dividends

Published Fri, Jan 26 2024 9:05 PM UTC

Global Medical REIT Inc. (NYSE: GMRE), a prominent net-lease medical office Real Estate Investment Trust (REIT), recently made an announcement concerning the tax treatment of its 2023 dividends on both common and preferred stock. The information has been made available on the company's official website, allowing shareholders and investors to access vital details regarding th...

Dividend

Global Medical REIT Unveils Lucrative Fourth Quarter Dividends Amidst Surging Market Demand

Published Tue, Dec 12 2023 9:05 PM UTC



Global Medical REIT Inc. (GMRE), a leading net-lease medical office real estate investment trust (REIT), has made a significant announcement regarding its 2023 fourth quarter common and preferred dividends. The positive news comes at a time when the market is witnessing a remarkable surge in the company's share prices. As GMRE continues to acquire healthcare facili...






 

Global Medical Reit Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Global Medical Reit Inc does not provide revenue guidance.

Earnings Outlook
Global Medical Reit inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com