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 |
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)
8-K - Global Medical REIT Inc. (0001533615) (Filer)
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)
SC 13G/A - Global Medical REIT Inc. (0001533615) (Subject)
SC 13G - Global Medical REIT Inc. (0001533615) (Subject)
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)
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
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 first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The Company intends to hold a conference call to discuss those results the following day, Wednesday, May 8, 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 Officer Alfo
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
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
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 first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The Company intends to hold a conference call to discuss those results the following day, Wednesday, May 8, 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 Officer Alfo
B. Riley Securities analyst Bryan Maher maintains Global Medical REIT (NYSE:GMRE) with a Buy and lowers the price target from $11 to $10.
Global Medical REIT (NYSE:GMRE) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.21 by 9.52 percent. This is unchanged from the same period last year. The company reported quarterly sales of $35.069 million which beat the analyst consensus estimate of $33.938 million by 3.33 percent. This is a 3.12 percent decrease over sales of $36.199 million the same period last year.
Wednesday marks the last chance for investors to receive the next dividend payout from Global Medical REIT (NYSE:GMRE). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 21 cents per share. On Thursday, Global Medical REIT will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 21 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own GMRE as of the end of Wednesday's session are eligible to receive the 21
Global Medical REIT (NYSE:GMRE) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.22 by 4.55 percent. The company reported quarterly sales of $32.93 million which missed the analyst consensus estimate of $35.64 million by 7.60 percent. This is a 9.26 percent decrease over sales of $36.29 million the same period last year.
Companies Reporting Before The Bell • Gaotu Techedu (NYSE:GOTU) is expected to report quarterly loss at $0.07 per share on revenue of $100.49 million. • American Electric Power (NASDAQ:AEP) is projected to report quarterly earnings at $1.26 per share on revenue of $5.12 billion. • Quanterix (NASDAQ:QTRX) is expected to report quarterly loss at $0.32 per share on revenue of $29.84 million. • Pinnacle West Capital (NYSE:PNW) is expected to report quarterly loss at $0.13 per share on revenue of $1.12 billion. • Cracker Barrel Old (NASDAQ:CBRL) is expected to report quarterly earnings at $1.37 per share on revenue of $917.33 million. • PAR Technology (NYSE:PAR) is projected to report quart
By the end of today, January 09, 2024, Global Medical REIT (NYSE:GMRE) is set to deliver a dividend payout of $0.21 per share, equating to an annualized dividend yield of 8.06%. The company's dividend payout went ex-dividend on December 26, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout. Global Medical REIT Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a;
– SEC Filing
Monday marks the last chance for investors to receive the next dividend payout from Global Medical REIT (NYSE:GMRE). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 21 cents per share. On Tuesday, Global Medical REIT will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 21 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own GMRE as of the end of Monday's session are eligible to receive the 21 cents div
Global Medical REIT (NYSE:GMRE) reported quarterly earnings of $0.23 per share. This is a 8 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $35.49 million which missed the analyst consensus estimate of $36.00 million by 1.43 percent. This is a 0.40 percent increase over sales of $35.35 million the same period last year.
Companies Reporting Before The Bell • Kosmos Energy (NYSE:KOS) is expected to report quarterly earnings at $0.16 per share on revenue of $366.82 million. • Gerdau (NYSE:GGB) is estimated to report quarterly earnings at $0.22 per share on revenue of $3.58 billion. • Ryanair Hldgs (NASDAQ:RYAAY) is likely to report quarterly earnings at $7.15 per share on revenue of $5.13 billion. • EchoStar (NASDAQ:SATS) is expected to report quarterly earnings at $0.14 per share on revenue of $479.00 million. • DISH Network (NASDAQ:DISH) is estimated to report quarterly earnings at $0.04 per share on revenue of $3.82 billion. • NAPCO Security Techs (NASDAQ:NSSC) is expected to report quarterly earnings