Global Medical REIT

Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and leasing of those properties to strong healthcare systems and physician groups. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Global Medical REIT reports revenue growth and debt reduction strategies

GMRE's Q4 performance showcased revenue growth and strategic focus on reducing debt through property sales.
While challenges like potential lease vacancies exist, the company remains optimistic about growth opportunities and shareholder value.
Strategic acquisitions, occupancy retention targets, and financial prudence position GMRE for stability and future growth potential.

Global Medical REIT reports strong Q1 performance amidst market challenges

Global Medical REIT (GMRE) delivered a robust performance in Q1 2023, showcasing strong occupancy rates and revenue growth.
While facing challenges such as higher expenses and a slow transaction market, GMRE's strategic focus on debt reduction and portfolio optimization presents opportunities for growth.
By maintaining high occupancy levels, managing expenses, and leveraging acquisitions for debt reduction, GMRE aims to ensure financial stability and operational resilience.
Investors should monitor GMRE's execution of its strategic initiatives to capitalize on market opportunities and navigate potential challenges effectively.

Global Medical REIT reports robust Q2 earnings amidst market challenges

Global Medical REIT (GMRE) delivered strong financial results in Q2 2023, driven by strategic property transactions and revenue growth.
While facing challenges such as increased interest expenses and lease expirations, GMRE's solid portfolio fundamentals and proactive approach present opportunities for sustained growth.
By focusing on asset optimization, prudent capital management, and strategic acquisitions, GMRE aims to navigate market uncertainties and drive long-term value for shareholders.
Investors should monitor GMRE's ability to balance operational challenges with growth opportunities to assess the company's resilience and future performance.

Global Medical REIT reports solid Q3 performance amidst financial challenges

Global Medical REIT (GMRE) showcased strong portfolio performance and revenue generation in Q3 2023.
While facing challenges such as higher interest costs and leverage ratio, the company remains resilient.
Opportunities lie in potential acquisitions and strategic portfolio optimization for future growth.

Global Medical REIT reports stable occupancy and strategic growth plans

Global Medical REIT (GMRE) navigated challenges in Q4 2023 while maintaining a strong portfolio occupancy and lease terms.
The company's strategic focus on lowering leverage and pursuing acquisitions positions it for growth opportunities in the real estate market.
Despite financial setbacks, GMRE's commitment to operational efficiency and cost management bodes well for future performance.
Investors should monitor GMRE's progress in executing acquisitions and managing expenses to gauge its financial resilience and growth potential.

Global Medical REIT (GMRE) reports resilient Q1 performance and eyes strategic acquisitions

Global Medical REIT (GMRE) navigated Q1 2024 with strong financial metrics, strategic acquisitions, and a focus on expanding its portfolio. While facing challenges such as tenant bankruptcy and market conditions, GMRE's solid performance and available capital position it well for future growth and acquisitions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and the leasing of those properties to healthcare systems and physician groups. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD.

Alexandria Real Estate Equities

Boston Properties

Easterly Government Properties

Douglas Emmett

EPR Properties

Gladstone Commercial

SL Green Realty

Vornado Realty Trust

REIT dividend yields are high today. This suggests that their dividends may be at risk.

Will Your REITs Cut Their Dividend

Investors need to pay close attention to Global Medical REIT (GMRE) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Global Medical REIT (GMRE) Stock?

Since the start of 2022, Global Medical REIT has lost all of its relative gains achieved in the previous years compared to the broader REIT indices. Currently, GMRE offers close to a 10% dividend yield that is still underpinned with robust fundamentals.

Global Medical REIT: 10% Yield With Resilient Fundamentals

Great Elm Capital

Rithm Capital Corp

ZIM Integrated Shipping Services

Devon Energy

LyondellBasell Industries

Philip Morris

In general, investors who park their capital in dividend stocks tend to be more conservative with their money. They tend to like the dependable dividends paid from their stock holdings, often used as income.

7 High-Yield Dividend Stocks to Buy for Income Investors

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2023 first quarter common and preferred dividends.

Global Medical REIT Inc. Board Declares 2023 First Quarter Common and Preferred Dividends

Armada Hoffler Properties

CTO Realty Growth

I'm beginning to see more and more readers on Seeking Alpha chasing yield. That's not necessarily a bad thing, especially if you do your homework and research before you buy.

My Oh My, 3 Small-Cap Buys

AlerisLife

JPMorgan BetaBuilders MSCI US REIT ETF

Community Healthcare Trust

CareTrust REIT

Diversified Healthcare Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Healthcare Realty Trust Inc

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Medical Properties Trust

National Health Investors

Neuberger Berman Real Estate Securities Income Fund Inc

Omega Healthcare Investors

US Diversified Real Estate ETF

Invesco Active US Real Estate

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

For Healthcare REITs - the physical epicenter of the pandemic - the road to recovery has remained inconsistent across its distinct sub-sectors, with "private-pay" segments now showing notable improvement while "public-pay" segments relapse. Public-pay segments - Hospital and Skilled-Nursing - have seen a re-intensification of tenant operator issues amid pressure from soaring labor costs and waning government fiscal support, triggering some missed rents and lease renegotiations.

Healthcare REITs: Life After The Pandemic

Global Medical REIT beat estimates for Q4-2022. They have managed their interest rate risk rather well and management is focused on value creation.

Global Medical REIT: Why We Are Lowering Our Price Target

Global Medical REIT Inc. (NYSE:GMRE ) Q4 2022 Earnings Conference Call March 1, 2023 9:00 AM ET Company Participants Steve Swett - Investor Relations, ICR Jeffrey Busch - CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Rob Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Aaron Hecht - JMP Securities Operator Greetings and welcome to the Global Medical Fourth Quarter 2022 Earnings Call.

Global Medical REIT Inc. (GMRE) Q4 2022 Earnings Call Transcript

The following slide deck was published by Global Medical REIT Inc. in conjunction with their 2022 Q4 earnings call.

Global Medical REIT Inc. 2022 Q4 - Results - Earnings Call Presentation

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and twelve months ended December 31, 2022 and other data. Jeffrey M.

Global Medical REIT Announces Fourth Quarter and Year-End 2022 Financial Results

Healthpeak Properties Inc

These healthcare real estate investment trusts offer dividend yields of 5% or more.

Want to Get Richer? 2 Dividend Stocks to Buy Now and Hold Forever

Simon Property Group

REIT valuations have been hit hard over the past 12 months creating cheap valuations in certain sectors. REITs tend to provide higher yields due to their structure.

3 Undervalued REITs To Buy

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share, announced today that it intends to release its fourth quarter and year-end 2022 financial results after the market closes on Tuesday, February 28, 2023.

Global Medical REIT Inc. Announces Dates for 2022 Fourth Quarter and Year-End Earnings Release and Webcast

All three of these REITs trade at sizable discounts to their historical averages.

3 Cheap REITs With Huge Upside

Global Medical REIT has a strong portfolio of mostly net lease healthcare properties. Unlike the big healthcare REITs that cut their dividends, GMRE has grown its dividend over the past 2 years.

Global Medical REIT: Compelling High Yield Opportunity

BETHESDA, Md.--( BUSINESS WIRE )--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, today announced that information regarding the federal income tax treatment of the dividends paid in 2022 on the Company's common and preferred stock has been posted to the Company's website, at the following link.

Global Medical REIT Reports Tax Treatment of 2022 Dividends

GMRE's business model operates on a net-lease structure focusing on properties that are predominantly medical offices and facilities operated by established healthcare systems providing essential care in local communities. GMRE is attractively priced at just 11.5x forward P/FFO and 11.6x TTM P/FFO, with a TTM dividend yield of 7.8%.

Global Medical REIT: A Strong Buy At Attractive Valuations And 7.8% Dividend Yield

AGNC Investment

Brookfield Asset Management

Broadmark Realty Capital Inc.

Blackstone Group

Equity Commonwealth

Equity Residential

Innovative Industrial Properties

Industrial Logistics Properties

Annaly Capital

NexPoint Residential Trust

Sabra Health Care

Vanguard Real Estate ETF

Many high-profile billionaires are loading up on REITs at the moment. I present 5 reasons why REITs are attractive to billionaires and average investors alike.

Billionaires Are Buying REITs (And You Should Too)

BETHESDA, Md.--( BUSINESS WIRE )--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, today announced that the Company's leases with Pipeline Health (“Pipeline”), the tenant at GMRE's White Rock Medical Center in Dallas, Texas (“White Rock”), will be assumed by Pipeline as part of its approved bankruptcy reorganization plan. Under its approved plan, Pipeline will assume its leases at White Rock subject to amendments to help facilitate Pipeline's exit from bankruptcy and its new business plan that reiterates Pipeline's commitment to the Dallas, Texas market.

Global Medical REIT Announces That Pipeline Health Will Assume its Leases at White Rock Hospital in Dallas, Texas

Shares of GMRE have had a rough 2022 and are down almost 50% YTD. Growth has remained solid, but debt has increased this year along with a rise in their weighted interest rates.

Global Medical REIT: A Small Cap REIT To Own For 2023

Global Medical REIT stock has recovered remarkably from its October capitulation lows. Therefore, investors who bailed out at those lows have missed a steep recovery. However, the Fed's hawkish stance must be considered carefully. Accordingly, we assessed that its near-term upside has likely been reflected.

Global Medical REIT: Brace For A Hawkish Fed

EastGroup Properties

REITs crashed because the high inflation rate caused interest rates to rise. But now, the opposite is happening, and REITs present significant upside potential.

There Might Not Be An Opportunity Like This In Years

This year's sell-off across the REIT sector has created a lot of bargains. Hoya Capital Income Builder makes it easy to spot them. There are three Medical REITs showing strong growth in revenue, dividends, and cash flow, yet available at unusually attractive prices.

3 Fast-Growing Medical REITs At Attractive Prices

BETHESDA, Md.--( BUSINESS WIRE )--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share, announced today that its Board of Directors (“Board”) has declared the Company's 2022 fourth quarter common and preferred dividends.

Global Medical REIT Inc. Board Declares 2022 Fourth Quarter Common and Preferred Dividends

News for Global Medical REIT Stock (GMRE)