How to buy Global Medical REIT stock | $15.85

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 22 staff and has a trailing 12-month revenue of around 0.00.

Global Medical REIT stock price (NYSE: GMRE)

Use our graph to track the performance of GMRE stocks over time.

Global Medical REIT shares at a glance

• Key figures

Information last updated 2021-10-10.

Latest market close	$15.85
52-week range	$11.44 - $15.85
50-day moving average	$15.25
200-day moving average	$14.79
Wall St. target price	$17.44
PE ratio	N/A
Dividend yield	$0.81 (5.37%)
Earnings per share (TTM)	$-0.09

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Is it a good time to buy Global Medical REIT stock?

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.

Global Medical REIT price performance over time

Historical closes compared with the close of $15.85 from 2021-10-15

1 week (2021-10-08)	4.83%
1 month (2021-09-16)	3.12%
3 months (2021-07-16)	3.66%
6 months (2021-04-16)	10.84%

1 year (2020-10-16)	15.78%
2 years (2019-10-16)	38.67%
3 years (2018-10-16)	71.54%
5 years (2016-10-14)	68.80%

Is Global Medical REIT under- or over-valued?

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 EBITDA

Global Medical REIT's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $71 million.

The EBITDA is a measure of a Global Medical REIT's overall financial performance and is widely used to measure a its profitability.

Global Medical REIT financials

Revenue TTM	$105.6 million
Operating margin TTM	31.18%
Gross profit TTM	$87.8 million
Return on assets TTM	1.9%
Return on equity TTM	0.09%
Profit margin	0.88%
Book value	$8.54
Market capitalisation	$970.7 million

TTM: trailing 12 months

Shorting Global Medical REIT shares

There are currently 1.0 million Global Medical REIT shares held short by investors – that's known as Global Medical REIT's "short interest". This figure is 5.8% up from 952,863 last month.

There are a few different ways that this level of interest in shorting Global Medical REIT shares can be evaluated.

Global Medical REIT's "short interest ratio" (SIR)

Global Medical REIT's "short interest ratio" (SIR) is the quantity of Global Medical REIT shares currently shorted divided by the average quantity of Global Medical REIT shares traded daily (recently around 303550.30120482). Global Medical REIT's SIR currently stands at 3.32. In other words for every 100,000 Global Medical REIT shares traded daily on the market, roughly 3320 shares are currently held short.

However Global Medical REIT's short interest can also be evaluated against the total number of Global Medical REIT shares, or, against the total number of tradable Global Medical REIT shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Global Medical REIT's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Global Medical REIT shares in existence, roughly 20 shares are currently held short) or 0.0167% of the tradable shares (for every 100,000 tradable Global Medical REIT shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Global Medical REIT.

Find out more about how you can short Global Medical REIT stock.

Global Medical REIT share dividends

Dividend payout ratio: 91.55% of net profits

Recently Global Medical REIT has paid out, on average, around 91.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.43% 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 5.43% return on their shares, in the form of dividend payments. In Global Medical REIT's case, that would currently equate to about $0.81 per share.

Global Medical REIT's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Global Medical REIT's most recent dividend payout was on 7 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 22 September 2021 (the "ex-dividend date").

Have Global Medical REIT's shares ever split?

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.

Global Medical REIT share price volatility

Over the last 12 months, Global Medical REIT's shares have ranged in value from as little as $11.4374 up to $15.8521. 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 0.7677. This would suggest that Global Medical REIT's shares are less volatile than average (for this exchange).

Global Medical REIT overview

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. .

Frequently asked questions

What percentage of Global Medical REIT is owned by insiders or institutions?
Currently 5.876% of Global Medical REIT shares are held by insiders and 76.137% by institutions. How many people work for Global Medical REIT?
Latest data suggests 22 work at Global Medical REIT. When does the fiscal year end for Global Medical REIT?
Global Medical REIT's fiscal year ends in December. Where is Global Medical REIT based?
Global Medical REIT's address is: 2 Bethesda Metro Center, Bethesda, MD, United States, 20814 What is Global Medical REIT's ISIN number?
Global Medical REIT's international securities identification number is: US37954A2042 What is Global Medical REIT's CUSIP number?
Global Medical REIT's Committee on Uniform Securities Identification Procedures number is: 37954A204