Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.
IPO Year: 2016
Exchange: NYSE
Website: globalmedicalreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | $11.75 | Buy | Berenberg |
| 9/19/2024 | $12.00 | Buy | Alliance Global Partners |
| 10/10/2022 | $9.00 | Outperform → Neutral | Robert W. Baird |
| 10/6/2022 | $13.00 → $9.00 | Outperform → Market Perform | BMO Capital Markets |
| 7/7/2022 | Mkt Perform | JMP Securities | |
| 1/13/2022 | Overweight → Sector Weight | Keybanc | |
| 9/20/2021 | $17.00 | Overweight | Keybanc |
| 7/9/2021 | $18.00 | Buy | Colliers Securities |
Chief Executive Officer Transition Expected in 2025 Mr. Busch to Remain on Board of Directors as Non-Executive Chairman Lori Wittman Appointed Lead Independent Director Effective January 1, 2025 Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced that as part of the Company's succession planning efforts, the Board of Directors (the "Board") has reached an agreement with Mr. Jeffrey Busch, Chairman of the Board of Directors and Chief Executive Officer ("CEO") of the Company,
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 2024 fourth quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 fourth quarter cash dividend of $0.21 per share of common stock and unit, which will be paid January 8, 2025 to common stockholders and unitholders of record as of December 20, 2024. Series A Preferred Dividend The Board has also declared a quarterly
Year-to-Date Completed $80.3 Million in Acquisitions of Single Tenant Triple Net Medical Real Estate Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and nine months ended September 30, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "During the third quarter, we continued to deliver steady results while actively engaging in the transaction market to accretively grow our high-quality portfolio. I'm
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 it intends to release its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. The Company intends to hold a conference call to discuss those results the following day, Thursday, November 7, 2024, at 9:00 a.m. Eastern Time. The conference call will be hosted by Chairman, President, and Chief Executive Officer Jeffrey Busch, Chief Financial Officer Robert Kiernan, and Chief Investment O
CHRISTUS Health Lease is a triple-net lease with a term of 15 years Former tenant, Steward Health Care, formally requested that its lease be rejected as of September 15, 2024, as part of its Chapter 11 bankruptcy proceedings Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced that it has entered into a new, 15-year, triple-net lease with an affiliate of CHRISTUS Health ("CHRISTUS") at its healthcare facility in Beaumont, Texas (the "Beaumont Facility"). CHRISTUS will utilize the
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 2024 third quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 third quarter cash dividend of $0.21 per share of common stock and unit, which will be paid October 8, 2024 to common stockholders and unitholders of record as of September 20, 2024. Series A Preferred Dividend The Board has also declared a quarterly
Completes $31 million in Acquisitions of Single Tenant Triple Net Medical Real Estate in July Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and six months ended June 30, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "During the second quarter, we continued to produce consistent results due to the quality of our portfolio and the reliability of our tenant base. On the acquisition front, durin
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 it intends to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the following day, Wednesday, August 7, 2024, at 9:00 a.m. Eastern Time. The conference call will be hosted by Chairman, President, and Chief Executive Officer Jeffrey Busch, Chief Financial Officer Robert Kiernan, and Chief Investment Offic
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced the publication of the Company's Corporate Social Responsibility Report ("the Report") detailing its approach to environmental, social, and governance (ESG) topics. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "We are proud to have released our third Corporate Social Responsibility report, as we continue our commitment to our ESG principles and initiatives. Our investing strategy and business operat
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 2024 second quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 second quarter cash dividend of $0.21 per share of common stock and unit, which will be paid July 9, 2024 to common stockholders and unitholders of record as of June 21, 2024. Series A Preferred Dividend The Board has also declared a quarterly cash d
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 2024 fourth quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 fourth quarter cash dividend of $0.21 per share of common stock and unit, which will be paid January 8, 2025 to common stockholders and unitholders of record as of December 20, 2024. Series A Preferred Dividend The Board has also declared a quarterly
Year-to-Date Completed $80.3 Million in Acquisitions of Single Tenant Triple Net Medical Real Estate Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and nine months ended September 30, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "During the third quarter, we continued to deliver steady results while actively engaging in the transaction market to accretively grow our high-quality portfolio. I'm
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 it intends to release its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. The Company intends to hold a conference call to discuss those results the following day, Thursday, November 7, 2024, at 9:00 a.m. Eastern Time. The conference call will be hosted by Chairman, President, and Chief Executive Officer Jeffrey Busch, Chief Financial Officer Robert Kiernan, and Chief Investment O
CHRISTUS Health Lease is a triple-net lease with a term of 15 years Former tenant, Steward Health Care, formally requested that its lease be rejected as of September 15, 2024, as part of its Chapter 11 bankruptcy proceedings Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced that it has entered into a new, 15-year, triple-net lease with an affiliate of CHRISTUS Health ("CHRISTUS") at its healthcare facility in Beaumont, Texas (the "Beaumont Facility"). CHRISTUS will utilize the
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 2024 third quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 third quarter cash dividend of $0.21 per share of common stock and unit, which will be paid October 8, 2024 to common stockholders and unitholders of record as of September 20, 2024. Series A Preferred Dividend The Board has also declared a quarterly
Completes $31 million in Acquisitions of Single Tenant Triple Net Medical Real Estate in July Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and six months ended June 30, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "During the second quarter, we continued to produce consistent results due to the quality of our portfolio and the reliability of our tenant base. On the acquisition front, durin
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 it intends to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the following day, Wednesday, August 7, 2024, at 9:00 a.m. Eastern Time. The conference call will be hosted by Chairman, President, and Chief Executive Officer Jeffrey Busch, Chief Financial Officer Robert Kiernan, and Chief Investment Offic
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced the publication of the Company's Corporate Social Responsibility Report ("the Report") detailing its approach to environmental, social, and governance (ESG) topics. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "We are proud to have released our third Corporate Social Responsibility report, as we continue our commitment to our ESG principles and initiatives. Our investing strategy and business operat
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical 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 2024 second quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 second quarter cash dividend of $0.21 per share of common stock and unit, which will be paid July 9, 2024 to common stockholders and unitholders of record as of June 21, 2024. Series A Preferred Dividend The Board has also declared a quarterly cash d
Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three months ended March 31, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, "During the first quarter, we continued to deliver steady results due to the quality of our portfolio and the resilience of our tenant base. We are seeing an increase in acquisition opportunities, and this month we entered into an agreement to purchase a 15-property portfolio of o
8-K - Global Medical REIT Inc. (0001533615) (Filer)
8-K - Global Medical REIT Inc. (0001533615) (Filer)
10-Q - Global Medical REIT Inc. (0001533615) (Filer)
8-K - Global Medical REIT Inc. (0001533615) (Filer)
8-K - Global Medical REIT Inc. (0001533615) (Filer)
S-8 - Global Medical REIT Inc. (0001533615) (Filer)
10-Q - Global Medical REIT Inc. (0001533615) (Filer)
8-K - Global Medical REIT Inc. (0001533615) (Filer)
8-K/A - Global Medical REIT Inc. (0001533615) (Filer)
8-K - Global Medical REIT Inc. (0001533615) (Filer)
Chief Executive Officer Transition Expected in 2025 Mr. Busch to Remain on Board of Directors as Non-Executive Chairman Lori Wittman Appointed Lead Independent Director Effective January 1, 2025 Global Medical REIT Inc. (NYSE:GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced that as part of the Company's succession planning efforts, the Board of Directors (the "Board") has reached an agreement with Mr. Jeffrey Busch, Chairman of the Board of Directors and Chief Executive Officer ("CEO") of the Company,
Berenberg initiated coverage of Global Medical REIT with a rating of Buy and set a new price target of $11.75
Alliance Global Partners initiated coverage of Global Medical REIT with a rating of Buy and set a new price target of $12.00
Robert W. Baird downgraded Global Medical REIT from Outperform to Neutral and set a new price target of $9.00
BMO Capital Markets downgraded Global Medical REIT from Outperform to Market Perform and set a new price target of $9.00 from $13.00 previously
JMP Securities initiated coverage of Global Medical REIT with a rating of Mkt Perform
Keybanc downgraded Global Medical REIT from Overweight to Sector Weight
Keybanc initiated coverage of Global Medical REIT with a rating of Overweight and set a new price target of $17.00
Colliers Securities initiated coverage of Global Medical REIT with a rating of Buy and set a new price target of $18.00
BMO Capital initiated coverage of Global Medical REIT with a rating of Outperform and set a new price target of $16.00
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SC 13G/A - Global Medical REIT Inc. (0001533615) (Subject)
SC 13G/A - Global Medical REIT Inc. (0001533615) (Subject)
SC 13G/A - Global Medical REIT Inc. (0001533615) (Subject)
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SC 13G/A - Global Medical REIT Inc. (0001533615) (Subject)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)
4 - Global Medical REIT Inc. (0001533615) (Issuer)