Global Medical REIT

Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and leasing of those properties to strong healthcare systems and physician groups. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

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Global Medical REIT reports revenue growth and debt reduction strategies

GMRE's Q4 performance showcased revenue growth and strategic focus on reducing debt through property sales.
While challenges like potential lease vacancies exist, the company remains optimistic about growth opportunities and shareholder value.
Strategic acquisitions, occupancy retention targets, and financial prudence position GMRE for stability and future growth potential.

Global Medical REIT reports strong Q1 performance amidst market challenges

Global Medical REIT (GMRE) delivered a robust performance in Q1 2023, showcasing strong occupancy rates and revenue growth.
While facing challenges such as higher expenses and a slow transaction market, GMRE's strategic focus on debt reduction and portfolio optimization presents opportunities for growth.
By maintaining high occupancy levels, managing expenses, and leveraging acquisitions for debt reduction, GMRE aims to ensure financial stability and operational resilience.
Investors should monitor GMRE's execution of its strategic initiatives to capitalize on market opportunities and navigate potential challenges effectively.

Global Medical REIT reports robust Q2 earnings amidst market challenges

Global Medical REIT (GMRE) delivered strong financial results in Q2 2023, driven by strategic property transactions and revenue growth.
While facing challenges such as increased interest expenses and lease expirations, GMRE's solid portfolio fundamentals and proactive approach present opportunities for sustained growth.
By focusing on asset optimization, prudent capital management, and strategic acquisitions, GMRE aims to navigate market uncertainties and drive long-term value for shareholders.
Investors should monitor GMRE's ability to balance operational challenges with growth opportunities to assess the company's resilience and future performance.

Global Medical REIT reports solid Q3 performance amidst financial challenges

Global Medical REIT (GMRE) showcased strong portfolio performance and revenue generation in Q3 2023.
While facing challenges such as higher interest costs and leverage ratio, the company remains resilient.
Opportunities lie in potential acquisitions and strategic portfolio optimization for future growth.

Global Medical REIT reports stable occupancy and strategic growth plans

Global Medical REIT (GMRE) navigated challenges in Q4 2023 while maintaining a strong portfolio occupancy and lease terms.
The company's strategic focus on lowering leverage and pursuing acquisitions positions it for growth opportunities in the real estate market.
Despite financial setbacks, GMRE's commitment to operational efficiency and cost management bodes well for future performance.
Investors should monitor GMRE's progress in executing acquisitions and managing expenses to gauge its financial resilience and growth potential.

Global Medical REIT (GMRE) reports resilient Q1 performance and eyes strategic acquisitions

Global Medical REIT (GMRE) navigated Q1 2024 with strong financial metrics, strategic acquisitions, and a focus on expanding its portfolio. While facing challenges such as tenant bankruptcy and market conditions, GMRE's solid performance and available capital position it well for future growth and acquisitions.

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Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and the leasing of those properties to healthcare systems and physician groups. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD.

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Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?

GMRE vs. CDP: Which Stock Is the Better Value Option?

The current interest rate environment offers yield-seeking investors opportunities for ~ 7% yields without sacrificing quality. However, to move closer to double-digit yield territory, things become more tricky and investors have to be very selective to avoid unpleasant surprises. In this article, I elaborate on two equity REITs, which yield 9% and above.

Two 9% Yielding REITs, Where It's Worth Waiting A Bit Before Buying

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GMRE Q2-2024 numbers show challenges in rental revenues and FFO despite high occupancy. Steward Health Care bankruptcy poses additional headwinds. We go over the risks for a dividend cut and tell you how we are playing it.

Global Medical: Steward Issues Could Force Dividend Cut

Q2, 2024 earnings results for Global Medical showed a decrease in FFO and AFFO compared to the prior-year quarter. The major driver for this was the relatively recently conducted dispositions, which quite naturally have imposed a drag on the top line. In this quarter, however, we can see how GMRE has started to deploy this capital at higher cap rates, thus aiming for a positive spread capture.

Global Medical REIT: Stability Across The Board, But More Is Needed To Be Bullish

Global Medical REIT, Inc. (NYSE:GMRE ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Stephen Swett - ICR, Investor Relations Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Robert Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Operator Greetings and welcome to Global Medical REIT Second Quarter 2024 Earnings Conference Call.

Global Medical REIT, Inc. (GMRE) Q2 2024 Earnings Call Transcript

Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago.

Global Medical REIT (GMRE) Meets Q2 FFO Estimates

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and six months ended June 30, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, “During the second quarter, we continued to.

Global Medical REIT Announces Second Quarter 2024 Financial Results

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Picking A Winner In High-Yield REITs

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that it intends to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the foll.

Global Medical REIT Inc. Announces Dates for Second Quarter Earnings Release and Webcast

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BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced the publication of the Company's Corporate Social Responsibility Report (“the Report”) detailing its approach to environmental, social, and governance (ESG) topics. Jeffrey M. Busch, Chairman, Chief E.

Global Medical REIT Inc. Releases Corporate Social Responsibility Report

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The current interest rates levels enable more high yield opportunities. Yet, to achieve close to double digit yields, in most cases, investors have to take excessive risk. In this article I present two de-risked ~ 9% yielders, which I also own in my high yield seeking investment portfolio.

2 De-Risked 9% Yielding Picks That I Own In My Portfolio

Global Medical's portfolio consists of 185 properties across 34 states, with strong rent coverage and tenant diversification. GMRE pays a high dividend yield of 9.53% and the payout ratio is 92.3%, but I think a dividend cut is unlikely. Demand for medical services is resilient and the REIT has manageable debt levels to take advantage of it in the long term.

Global Medical: The Yield Is Not Too Good To Be True

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that its Board of Directors (“Board”) has declared the Company's 2024 second quarter common and preferred dividends. Common Dividend The Board has declared the Company's 2024 second quarter cash divid.

Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends

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Picking A Winner In Healthcare REITs

Global Medical REIT Inc. experienced a slight decline in revenues and occupancy levels in Q1-2024. The company's growth strategy has stalled, but it still yields a whopping 9.6%. We look at the dividend safety of the common shares and also go over why we don't own the safer preferreds yielding 7.6%.

Global Medical: The 7.6% Preferred Yield Trumps The Common

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While I have been covering Global Medical since early 2019 and it is still my only healthcare REIT in the portfolio, a couple of quarters ago I turned bearish here.

Global Medical REIT: Better Q1 Than Expected, But Still A Cautious Stance

Global Medical REIT, Inc. (NYSE:GMRE ) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Stephen Swett - ICR Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Rob Stevenson - Janney Bryan Maher - B. Riley FBR Wes Golladay - Baird Operator Good day, and welcome to the Global Medical REIT First Quarter 2024 Earnings Conference Call.

Global Medical REIT, Inc. (GMRE) Q1 2024 Earnings Call Transcript

Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.23 per share a year ago.

Global Medical REIT (GMRE) Q1 FFO and Revenues Miss Estimates

BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three months ended March 31, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executive Officer and President stated, “During the first quarter, we continued to deliver.

Global Medical REIT Announces First Quarter 2024 Financial Results

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BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, announced today that it intends to release its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The Company intends to hold a conference call to discuss those results the followin.

Global Medical REIT Inc. Announces Dates for First Quarter Earnings Release and Webcast

News for Global Medical REIT Stock (GMRE)