Global Medical Reit Stock Today

GMRE Stock  USD 8.75  0.15  1.74%   

Performance

0 of 100

 
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Odds Of Distress

Less than 42

 
100  
 
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Below Average
Global Medical is trading at 8.75 as of the 29th of March 2024, a 1.74 percent up since the beginning of the trading day. The stock's lowest day price was 8.6. Global Medical has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Global Medical REIT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
29th of June 2016
Category
Real Estate
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. Global Medical operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. The company has 65.57 M outstanding shares of which 1.25 M shares are currently shorted by private and institutional investors with about 3.02 trading days to cover. More on Global Medical REIT

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Global Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorDavid Young
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Diversified REITs, REIT—Healthcare Facilities, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Global Medical report their recommendations after researching Global Medical's financial statements, talking to executives and customers, or listening in on Global Medical's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Global Medical REIT. The Global consensus assessment is calculated by taking the average forecast from all of the analysts covering Global Medical.
Global Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Global Medical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Global Medical's financial leverage. It provides some insight into what part of Global Medical's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Global Medical's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Global Medical deploys its capital and how much of that capital is borrowed.
Liquidity
Global Medical cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 624.19 M in liabilities with Debt to Equity (D/E) ratio of 1.02, which is about average as compared to similar companies. Global Medical REIT has a current ratio of 2.54, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Global Medical until it has trouble settling it off, either with new capital or with free cash flow. So, Global Medical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Medical REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Medical's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

61.31 Million
Global Medical REIT (GMRE) is traded on New York Stock Exchange in USA. It is located in 7373 Wisconsin Avenue, Bethesda, MD, United States, 20814 and employs 26 people. Global Medical is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 617.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Global Medical's market, we take the total number of its shares issued and multiply it by Global Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Global Medical REIT conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 65.57 M outstanding shares of which 1.25 M shares are currently shorted by private and institutional investors with about 3.02 trading days to cover. Global Medical REIT currently holds about 22.46 M in cash with 68.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Check Global Medical Probability Of Bankruptcy
Ownership Allocation
Global Medical REIT has a total of 65.57 Million outstanding shares. Over half of Global Medical's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Global Medical REIT. Please watch out for any change in the institutional holdings of Global Medical as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Global Ownership Details

Global Stock Price Odds Analysis

What are Global Medical's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Global Medical jumping above the current price in 90 days from now is about 82.91%. The Global Medical REIT probability density function shows the probability of Global Medical stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.149. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Global Medical will likely underperform. Additionally, global Medical REIT has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 8.75HorizonTargetOdds Above 8.75
16.99%90 days
 8.75 
82.91%
Based on a normal probability distribution, the odds of Global Medical to move above the current price in 90 days from now is about 82.91 (This Global Medical REIT probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) .

Global Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Global Medical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Global Medical's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Global Medical's value.
InstituionRecorded OnShares
Stifel Financial Corp2023-12-31
840.4 K
Charles Schwab Investment Management Inc2023-12-31
793.2 K
Phocas Financial Corp2023-12-31
789.5 K
Bank Of New York Mellon Corp2023-12-31
693.2 K
Pacific Ridge Capital Partners, Llc2023-12-31
666 K
Morgan Stanley - Brokerage Accounts2023-12-31
611.8 K
Northern Trust Corp2023-12-31
580.5 K
Lsv Asset Management2023-12-31
485.2 K
Goldman Sachs Group Inc2023-12-31
423.6 K
Vanguard Group Inc2023-12-31
6.1 M
Blackrock Inc2023-12-31
5.2 M
View Global Medical Diagnostics

Global Medical Historical Income Statement

Global Medical REIT Income Statement is one of the three primary financial statements used for reporting Global's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Global Medical REIT revenue and expense. Global Medical Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Global Medical's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 56.2 M, whereas Income Tax Expense is forecasted to decline to about 1.1 M. View More Fundamentals

Global Stock Against Markets

Picking the right benchmark for Global Medical stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global Medical stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global Medical is critical whether you are bullish or bearish towards Global Medical REIT at a given time. Please also check how Global Medical's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Global Medical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Global Medical Corporate Directors

Global Medical corporate directors refer to members of a Global Medical board of directors. The board of directors generally takes responsibility for the Global Medical's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Global Medical's board members must vote for the resolution. The Global Medical board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Matthew CypherIndependent DirectorProfile
Yufei QinDirectorProfile
Roscoe MooreIndependent DirectorProfile
Ronald MarstonIndependent DirectorProfile

How to buy Global Stock?

Before investing in Global Medical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global Medical. To buy Global Medical stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global Medical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Global Medical stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Global Medical REIT stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Global Medical REIT stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Global Medical REIT, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Global Stock please use our How to Invest in Global Medical guide.

Already Invested in Global Medical REIT?

The danger of trading Global Medical REIT is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global Medical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global Medical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global Medical REIT is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Global Medical REIT is a strong investment it is important to analyze Global Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Medical's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Medical REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Global Medical's price analysis, check to measure Global Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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Is Global Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Medical. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.21
Earnings Share
0.23
Revenue Per Share
2.152
Quarterly Revenue Growth
(0.09)
The market value of Global Medical REIT is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Medical's value that differs from its market value or its book value, called intrinsic value, which is Global Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Medical's market value can be influenced by many factors that don't directly affect Global Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.