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
$492M
109.68
$0.07
1.19
$0.78
8.15%

Bulls say / Bears say

Global Medical REIT reported 95.6% portfolio occupancy with a 4.4× rent coverage ratio as of March 31, 2025, building on a 96.4% occupancy and 4.5× coverage at year-end 2024, underlining stable cash flows from long-term triple-net leases. (Business Wire)
In 2024, GMRE closed on a 15-property single-tenant triple-net portfolio for US$80.3 million at an 8.0% cap rate and in Q1 2025 completed a US$69.6 million five-property portfolio acquisition at a 9.0% cap rate, demonstrating disciplined sourcing of high-yield medical real estate despite a higher cost of capital. (Business Wire) (Business Wire)
GMRE reaffirmed its full-year 2025 AFFO per share guidance of $0.89–$0.93, signalling management’s confidence in its portfolio’s cash-flow generation amid macroeconomic uncertainty. (Business Wire)
On May 28, 2025, GMRE reduced its quarterly common dividend by 29% to $0.15 per share from $0.21, reflecting pressure on distributable cash flow. (MarketScreener)
In Q1 2025, FFO per share declined to $0.20 from $0.21 year-over-year, and AFFO per share dipped to $0.22 from $0.23, indicating compression in core cash earnings. (Business Wire)
GMRE faces approximately $350 million of Term Loan A maturing in May 2026 and $202.6 million on its revolver due in August 2026—over $550 million of debt requiring near-term refinancing amid rising interest rates. (Panabee)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 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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Sept29
Global Medical REIT
Dividend·Ex-dividend
Oct15
Global Medical REIT
Dividend·Payment
$0.75Per share
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