Global Medical REIT Inc is a reit-healthcare facilities business based in the US. Global Medical REIT shares (GMRE) are listed on the NYSE and all prices are listed in US Dollars. Global Medical REIT employs 26 staff and has a trailing 12-month revenue of around 0.00.
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| Latest market close | $11.47 |
|---|---|
| 52-week range | $10.30 - $17.92 |
| 50-day moving average | $13.28 |
| 200-day moving average | $15.51 |
| Wall St. target price | $16.75 |
| PE ratio | 56.95 |
| Dividend yield | $0.825 (7.37%) |
| Earnings per share (TTM) | $0.20 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $11.47 from 2022-07-01
| 1 week (2022-06-24) | 0.70% |
|---|---|
| 1 month (2022-06-02) | -11.50% |
| 3 months (2022-03-31) | -29.72% |
| 6 months (2021-12-31) | -35.38% |
| 1 year (2021-07-02) | -22.92% |
|---|---|
| 2 years (2020-07-02) | 2.78% |
| 3 years (2019-07-02) | 8.21% |
| 5 years (2017-06-30) | 28.30% |
Valuing Global Medical REIT stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Global Medical REIT's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Global Medical REIT's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 57x. In other words, Global Medical REIT shares trade at around 57x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Global Medical REIT's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $83.3 million.
The EBITDA is a measure of a Global Medical REIT's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $120.5 million |
|---|---|
| Operating margin TTM | 31.29% |
| Gross profit TTM | $115.8 million |
| Return on assets TTM | 1.95% |
| Return on equity TTM | 3.09% |
| Profit margin | 15.38% |
| Book value | $8.61 |
| Market capitalisation | $765.6 million |
TTM: trailing 12 months
Dividend payout ratio: 1.51% of net profits
Recently Global Medical REIT has paid out, on average, around 1.51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Global Medical REIT shareholders could enjoy a 7.37% return on their shares, in the form of dividend payments. In Global Medical REIT's case, that would currently equate to about $0.825 per share.
While Global Medical REIT's payout ratio might seem low, this can signify that Global Medical REIT is investing more in its future growth.
Global Medical REIT's most recent dividend payout was on 7 July 2022. The latest dividend was paid out to all shareholders who bought their shares by 22 June 2022 (the "ex-dividend date").
Global Medical REIT's shares were split on a 1:400 basis on 16 November 2014. So if you had owned 400 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Global Medical REIT shares – just the quantity. However, indirectly, the new 39900% higher share price could have impacted the market appetite for Global Medical REIT shares which in turn could have impacted Global Medical REIT's share price.
Over the last 12 months, Global Medical REIT's shares have ranged in value from as little as $10.3001 up to $17.9178. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Global Medical REIT's is 0.9328. This would suggest that Global Medical REIT's shares are less volatile than average (for this exchange).
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. .
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