Global Medical REIT (GMRE) to Release Quarterly Earnings on Thursday

Posted by Defense World Staff on Feb 25th, 2025

Global Medical REIT (NYSE:GMRE – Get Free Report) is expected to release its earnings data after the market closes on Thursday, February 27th. Analysts expect Global Medical REIT to post earnings of $0.01 per share and revenue of $34.87 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Global Medical REIT Trading Up 0.8 %

Shares of Global Medical REIT stock opened at $8.44 on Tuesday. Global Medical REIT has a 1-year low of $7.33 and a 1-year high of $10.46. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a market cap of $563.48 million, a P/E ratio of -421.54, a P/E/G ratio of 1.43 and a beta of 1.24. The stock’s 50 day simple moving average is $7.93 and its 200-day simple moving average is $8.76.

Global Medical REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 9.96%. The ex-dividend date of this dividend was Friday, December 20th. Global Medical REIT’s dividend payout ratio (DPR) is currently -4,200.00%.

Global Medical REIT Company Profile

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Global Medical REIT Inc (GMRE) is a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems.