Global Medical REIT Inc. is a 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.
Company profile
Ticker
GMRE, GMRE-PA
Exchange
Website
CEO
Jeffrey Busch
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SCOOP MEDIA, INC.
SEC CIK
Corporate docs
Subsidiaries
Global Medical REIT L.P. • Global Medical REIT GP LLC • Inter-American Management LLC • GMR Omaha, LLC • GMR Asheville, LLC • GMR Pittsburgh, LLC • GMR Plano, LLC • GMR Memphis, LLC • GMR Melbourne, LLC • GMR Westland, LLC ...
IRS number
330122471
GMRE stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
1 Mar 23
8-K
Global Medical REIT Announces Fourth Quarter and Year-End 2022 Financial Results
28 Feb 23
8-K
Departure of Directors or Certain Officers
23 Jan 23
8-K
Amendments to Articles of Incorporation or Bylaws
7 Dec 22
8-K
NIMBLE. TENACIOUS. DISCIPLINED. Investor Presentation November 2022
14 Nov 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Global Medical REIT Announces Third Quarter 2022 Financial Results
2 Nov 22
8-K
Regulation FD Disclosure
6 Oct 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
8-K
Global Medical REIT Announces Second Quarter 2022 Financial Results
3 Aug 22
Transcripts
GMRE
Earnings call transcript
2022 Q4
1 Mar 23
GMRE
Earnings call transcript
2022 Q3
3 Nov 22
GMRE
Earnings call transcript
2022 Q2
4 Aug 22
GMRE
Earnings call transcript
2022 Q1
5 May 22
GMRE
Earnings call transcript
2021 Q4
1 Mar 22
GMRE
Earnings call transcript
2021 Q3
4 Nov 21
GMRE
Earnings call transcript
2021 Q2
4 Aug 21
GMRE
Earnings call transcript
2021 Q1
6 May 21
GMRE
Earnings call transcript
2020 Q4
4 Mar 21
GMRE
Earnings call transcript
2020 Q3
5 Nov 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Institutional ownership, Q4 2022
59.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 195 |
| Opened positions | 33 |
| Closed positions | 28 |
| Increased positions | 75 |
| Reduced positions | 60 |
| 13F shares | Current |
|---|---|
| Total value | 360.77 bn |
| Total shares | 39.14 mm |
| Total puts | 52.80 k |
| Total calls | 119.30 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 6.42 mm | $60.83 bn |
| BLK Blackrock | 5.04 mm | $47.73 bn |
| STT State Street | 1.87 mm | $18.15 bn |
| Northwood Liquid Management | 1.73 mm | $16.44 bn |
| Geode Capital Management | 1.34 mm | $12.69 bn |
| RY Royal Bank Of Canada | 1.22 mm | $11.57 bn |
| Nuveen Asset Management | 1.21 mm | $11.48 bn |
| Brown Advisory | 1.18 mm | $11.22 bn |
| IVZ Invesco | 1.05 mm | $9.93 bn |
| BK Bank Of New York Mellon | 997.13 k | $9.45 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Feb 23 | Alfonzo Leon | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 7,094 | 0.00 | 343,962 |
| 28 Feb 23 | Robert J Kiernan | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 7,601 | 0.00 | 311,403 |
| 28 Feb 23 | Danica Holley | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 4,864 | 0.00 | 214,803 |
| 28 Feb 23 | Jamie Allen Barber | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 4,732 | 0.00 | 216,203 |
| 28 Feb 23 | Jeffrey Busch | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 13,175 | 0.00 | 629,842 |
News
Global Medical REIT: Dividend Insights
20 Mar 23
B. Riley Securities Maintains Buy on Global Medical REIT, Lowers Price Target to $12
6 Mar 23
Global Medical REIT Q4 FFO $0.24, Same YoY, Sales $36.29M Beat $35.95M Estimate
28 Feb 23
Earnings Scheduled For February 28, 2023
28 Feb 23
3 Best-Performing REITs With Dividend Yields Above 8%
19 Jan 23
Press releases
Global Medical REIT Inc. Board Declares 2023 First Quarter Common and Preferred Dividends
10 Mar 23
Global Medical REIT Announces Fourth Quarter and Year-End 2022 Financial Results
28 Feb 23
Global Medical REIT Inc. Announces Dates for 2022 Fourth Quarter and Year-End Earnings Release and Webcast
14 Feb 23
Global Medical REIT Reports Tax Treatment of 2022 Dividends
30 Jan 23
Global Medical REIT Announces That Pipeline Health Will Assume its Leases at White Rock Hospital in Dallas, Texas
17 Jan 23