Global Medical REIT Inc logo

GMRE - Global Medical REIT Inc Share Price

$11.01 0.8  7.5%

Last Trade - 10/07/20

Sector
Financials
Size
Mid Cap
Market Cap £392.7m
Enterprise Value £829.5m
Revenue £61.2m
Position in Universe 2867th / 6339
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -10.8%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -31.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.60 2.06 8.21 30.3 53.2 70.7 89.5 102.2 +159.9%
-56.5 +535.7 +33.3 +50.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Global Medical REIT Inc revenues increased 42% to $21.6M. Net income applicable to common stockholders increased from $528K to $1.3M. Revenues reflect Adjusted Funds from Operations (AFFO) - increase of 18% to $0.2, FFO per Share (Diluted) increase of 12% to $0.19, Other income increase of 97% to $116K. Dividend per share remained flat at $0.20.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
GMRE EPS Forecasts Unlock GMRE Revenue
Profile Summary

Global Medical REIT Inc. is engaged primarily in the acquisition of licensed, purpose-built healthcare facilities and the leasing of these facilities to clinical operators with market share. The Company’s strategy is to produce increasing, reliable rental revenue by expanding its portfolio, and leasing its healthcare facilities to market operators under long-term triple-net leases.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated January 6, 2014
Public Since November 2, 2012
No. of Shareholders: 32
No. of Employees: n/a
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange New York Stock Exchange
Shares in Issue 45,012,749
Free Float (0.0%)
Eligible for
ISAs
SIPPs
GMRE Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for GMRE
Upcoming Events for GMRE
Tuesday 14th July, 2020
Dividend For GMRE_pa.N - 0.4688 USD
Frequently Asked Questions for Global Medical REIT Inc
What is the Global Medical REIT Inc share price?

As of 10/07/20, shares in Global Medical REIT Inc are trading at $11.01, giving the company a market capitalisation of £392.7m. This share price information is delayed by 15 minutes.

How has the Global Medical REIT Inc share price performed this year?

Shares in Global Medical REIT Inc are currently trading at $11.01 and the price has moved by 2.71% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Global Medical REIT Inc price has moved by -1.8% over the past year.

What are the analyst and broker recommendations for Global Medical REIT Inc?

Of the analysts with advisory recommendations for Global Medical REIT Inc, there are there are currently 4 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Global Medical REIT Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Global Medical REIT Inc next release its financial results?

Global Medical REIT Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Global Medical REIT Inc dividend yield?

The Global Medical REIT Inc dividend yield is 7.27% based on the trailing twelve month period.

Does Global Medical REIT Inc pay a dividend?

Last year, Global Medical REIT Inc paid a total dividend of 0.8, and it currently has a trailing dividend yield of 7.27%. Looking ahead, Global Medical REIT Inc has not announced an ex-dividend date yet.

When does Global Medical REIT Inc next pay dividends?

Global Medical REIT Inc has yet to annouce their ex-dividend date. The historic dividend yield on Global Medical REIT Inc shares is currently 7.27%.

How do I buy Global Medical REIT Inc shares?

To buy shares in Global Medical REIT Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Global Medical REIT Inc?

Shares in Global Medical REIT Inc are currently trading at $11.01, giving the company a market capitalisation of £392.7m.

Where are Global Medical REIT Inc shares listed? Where are Global Medical REIT Inc shares listed?

Here are the trading details for Global Medical REIT Inc:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: GMRE
What kind of share is Global Medical REIT Inc?

Based on an overall assessment of its quality, value and momentum, Global Medical REIT Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Global Medical REIT Inc share price forecast 2020?

Shares in Global Medical REIT Inc are currently priced at $11.01. At that level they are trading at 15.44% discount to the analyst consensus target price of 0.00.

Analysts covering Global Medical REIT Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.145 for the next financial year.

How can I tell whether the Global Medical REIT Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Global Medical REIT Inc. Over the past six months, the relative strength of its shares against the market has been -14.29%. At the current price of $11.01, shares in Global Medical REIT Inc are trading at -9.93% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Global Medical REIT Inc PE Ratio?

The Global Medical REIT Inc PE ratio based on its reported earnings over the past 12 months is 94.2. The shares are currently trading at $11.01.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Global Medical REIT Inc?

Global Medical REIT Inc's management team is headed by:

Jeffrey Busch - CHM
Jingguo Zhang - DRC
Henry Cole - IND
Alfonzo Leon - CIN
Matthew Cypher - IND
Huiqi Zhang - DRC
Danica Holley - COO
Allen Webb - SVP
Robert Kiernan - CFO
Paula Crowley - IND
Jamie Barber - GCN
Who are the major shareholders of Global Medical REIT Inc?

Here are the top five shareholders of Global Medical REIT Inc based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 9.31% (4.19m shares)
Zensun Enterprises Ltd Holding Company
Percentage owned: 8.25% (3.72m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 6.06% (2.73m shares)
Vanguard Real Estate Index Fund Mutual Fund
Percentage owned: 4.04% (1.82m shares)
Jennison Associates LLC Investment Advisor/Hedge Fund
Percentage owned: 2.64% (1.19m shares)
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