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Global Medical Reit inc (GMRE) |
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Price: $9.9300
$0.05 
0.506%
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| Day's High:
| $9.97
| Week Perf:
| 1.95 %
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| 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 |
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| 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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| Stock Performances by Major Competitors |
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Mbc Funding Ii Corp
Mbc Funding II Corp, a renowned financial institution, recently announced its financial results for the third quarter of 2023. While the company experienced a slight increase in net income, various other key performance indicators witnessed a significant decline. This article aims to analyze the impact of these results on the company's future prospects.
1. Declining Stock Performance:
Over the last five trading days, Mbc Funding II Corp shares experienced a decrease of -3.04%. This negative trend adds to the company's year-to-date performance, which currently stands at -17.98%. Furthermore, the shares trade merely 4.7% above their 52-week low. These factors suggest that investors have adopted a cautious stance towards the company, potentially affecting its growth prospects.
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Direct Investment Holdings Group Inc
Investing in Real Estate Investment Trusts (REITs) has long been considered a reliable and profitable strategy for many investors. While the industry is dominated by well-established entities, it is important not to overlook the potential of other companies in this sector. One such company is Frontline Equity Partners Inc (FEPI), which recently announced its financial results for the third quarter of 2023.
FEPI reported an operating shortfall of -$0.007582 million for the third quarter of 2023. While this may initially seem like a cause for concern, it is actually a promising revelation when compared to the previous year's operating shortfall of -$0.043621 million. This improvement in performance provides investors with a sense of assurance regarding FEPI's potential.
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Cencora Inc
Cencora Inc, formerly known as AmerisourceBergen Corporation, has shown remarkable growth in its earnings and revenue in the financial interval closing on September 30, 2023, compared to the same reporting period a year ago. The real estate investment trusts (REITs) company has more than doubled its earnings, with its net profit per share soaring by an impressive 426.61% to $2.43, and Revenue increasing by a staggering 168,799.681% to $261.69 billion.
This outstanding performance clearly sets Cencora Inc apart from its industry peers, as the rest of the REITs industry only recorded a 5.26% increase in top-line revenue during the same period. In comparison to the preceding financial reporting period, Cencora Inc's EPS more than doubled by 385.61% from $0.50 per share, while its Revenue doubled by 159,605.225% from $163.86 million.
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Terra Property Trust Inc
Terra Property Trust Inc, a Real Estate Investment Trusts (REIT) company, recently announced a surge in revenue during the third quarter of 2023. The company reported an impressive 25.224% increase in revenue, reaching $17.11 million compared to the corresponding reporting season a year before. However, despite this seemingly positive news, a closer look at the financials reveals some concerning issues which may suggest a bearish outlook for Terra Property Trust Inc.
One of the major concerns is the swelling of Diminishing Returns at $-0.72 per share. This is particularly alarming as it indicates that the company is experiencing diminishing profitability, possibly due to a decline in the efficiency of its operations. A decrease in profitability will undoubtedly impact the overall performance and value of Terra Property Trust Inc.
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Kbs Real Estate Investment Trust Iii Inc
Kbs Real Estate Investment Trust III Inc, a player in the real estate investment trust (REITs) industry, experienced a decline in business and incurred losses during the July to September 30, 2023 period. The company's revenue diminished by -0.838% to $79.55 million, and its loss per share was $-0.16, compared to $-0.11 per share in the same reporting season the previous year.
This drop in business stands in strong contrast to the rest of the REITs industry, which posted a revenue gain during the same period. In the previous reporting season, Kbs Real Estate Investment Trust III Inc saw an improvement in both Income per Share, which increased from $-0.30 per share, and revenue, which improved by 19.029% from $66.83 million.
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| Per Share |
Current |
| Earnings (TTM) |
0.25 $ |
| Revenues (TTM) |
2.2 $
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| Cash Flow (TTM) |
- |
| Cash |
0.17 $
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| Book Value |
9.66 $
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| Dividend (TTM) |
0.09 $ |
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| Per Share |
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| Earnings (TTM) |
0.25 $
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| Revenues (TTM) |
2.2 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.17 $
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| Book Value |
9.66 $ |
| Dividend (TTM) |
0.09 $ |
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