Global Medical REIT/$GMRE

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About Global Medical REIT

Global Medical REIT Inc is engaged predominantly in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to physician groups and regional and national healthcare systems. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases.

Ticker

$GMRE

Primary listing

NYSE

Employees

26

GMRE Metrics

BasicAdvanced
$438M
97.67
$0.34
1.19
$3.90
9.15%

Bulls say / Bears say

Completed a $69.6 million acquisition of a five-property medical portfolio at a 9.0% cap rate in April 2025, expanding its asset base by 486,598 leasable square feet at a discount to replacement cost (Business Wire)
Adjusted funds from operations (AFFO) increased to $0.23 per share in Q2 2025 from $0.22 a year earlier, demonstrating modest growth in core operating cash flow (Business Wire)
Secured a 15-year triple-net lease with an affiliate of CHRISTUS Health on its Beaumont, TX facility, yielding $2.9 million in first-year base rent and 2.5% annual escalations, enhancing long-term revenue visibility (Business Wire)
Portfolio occupancy declined to 94.5% as of June 30, 2025, down from 96.1% at year-end 2024, reflecting tenant turnover and lease expirations that may pressure rental income growth (Business Wire)
Interest expense rose to $8.0 million in Q2 2025 from $7.0 million a year ago, driven by higher average borrowings under its credit facility, which may weigh on net cash flows amid rising rates (Business Wire)
The company reduced its quarterly common dividend from $0.21 to $0.15 per share in May 2025, resulting in an AFFO coverage ratio of approximately 79%, potentially signaling constrained free cash flow (SEC Filing)
Data summarised monthly by Lightyear AI. Last updated on 25 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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