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How to buy Global Medical REIT (GMRE) stocks in Canada

Learn how to easily invest in Global Medical REIT stocks.

Global Medical REIT is a reit-healthcare facilities business based in the US. Global Medical REIT stocks (GMRE.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $14.85 – a decrease of 2.39% over the previous week. Global Medical REIT employs 22 staff and has a trailing 12-month revenue of around $110.5 million.

How to buy shares in Global Medical REIT

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GMRE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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

Information last updated 2022-01-18.
Latest market close$16.74
52-week range$11.74 - $18.51
50-day moving average $16.99
200-day moving average $15.52
Wall St. target price$18.67
PE ratio 106.875
Dividend yield $0.815 (4.78%)
Earnings per share (TTM) $0.16

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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.

Global Medical REIT price performance over time

Historical closes compared with the close of $16.74 from 2022-01-21

1 week (2022-01-14) -2.39%
1 month (2021-12-22) -3.46%
3 months (2021-10-22) 3.08%
6 months (2021-07-22) 9.06%
1 year (2021-01-22) 26.24%
2 years (2020-01-22) 13.18%
3 years (2019-01-22) 75.29%
5 years (2017-01-20) 89.37%

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 P/E ratio

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 107x. In other words, Global Medical REIT shares trade at around 107x 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

Global Medical REIT's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $76.7 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 $110.5 million
Operating margin TTM 32.36%
Gross profit TTM $87.8 million
Return on assets TTM 1.97%
Return on equity TTM 2.86%
Profit margin 13.47%
Book value $8.42
Market capitalisation $1.1 billion

TTM: trailing 12 months

Global Medical REIT share dividends

91%

Dividend payout ratio: 91.11% of net profits

Recently Global Medical REIT has paid out, on average, around 91.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.78% 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 4.78% return on their shares, in the form of dividend payments. In Global Medical REIT's case, that would currently equate to about $0.815 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 9 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 22 December 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 $11.7434 up to $18.51. A popular way to gauge a stock's volatility is its "beta".

GMRE.US volatility(beta: 0.86)Avg. volatility(beta: 1.00)LowHigh

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 0.8632. 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. .

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