Global Medical Reit Stock Today
| GMRE Stock | USD 8.58 0.03 0.35% |
Performance0 of 100
| Odds Of DistressLess than 41
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Global Medical is trading at 8.58 as of the 10th of December 2024, a 0.35 percent increase since the beginning of the trading day. The stock's lowest day price was 8.4. Global Medical has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 16th of December 2023 and ending today, the 10th of December 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 66.8 M outstanding shares of which 1.04 M shares are currently shorted by private and institutional investors with about 3.07 trading days to cover. More on Global Medical REIT
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Global Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President Chairman | Jeffery Busch | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Diversified REITs, REIT—Healthcare Facilities, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsGlobal Medical can leverage 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.
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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 592.46 M. Global Medical REIT conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 66.8 M outstanding shares of which 1.04 M shares are currently shorted by private and institutional investors with about 3.07 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 AllocationGlobal Medical REIT has a total of 66.8 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. 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.
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Global Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 868.4 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 853.1 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 795.1 K | |
| State Of New Jersey Common Pension Fd D | 2024-09-30 | 637.8 K | |
| Phocas Financial Corp | 2024-09-30 | 627.7 K | |
| Northern Trust Corp | 2024-09-30 | 568 K | |
| Pacific Ridge Capital Partners, Llc | 2024-09-30 | 539.9 K | |
| Keeley-teton Advisors, Llc | 2024-09-30 | 471.9 K | |
| Cutler Capital Management | 2024-09-30 | 448.9 K | |
| Vanguard Group Inc | 2024-09-30 | 6.4 M | |
| Blackrock Inc | 2024-06-30 | 5.3 M |
Global Medical Historical Income Statement
Global Stock Against Markets
Global Medical Corporate Directors
| Henry Cole | Lead Independent Director | Profile | |
| Matthew Cypher | Independent Director | Profile | |
| Huiqi Zhang | Director | Profile | |
| Roscoe Moore | Independent Director | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Diversified REITs space 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 (0.43) | Dividend Share 0.84 | Earnings Share (0.02) | Revenue Per Share 2.082 | Quarterly Revenue Growth (0.04) |
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.