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Global Medical REIT Inc. (GMRE)

NYSE Real Estate REIT - Healthcare Facilities
$35.74 ▼ -1.24%
Market Cap
$478.1M
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Beta
1.20
52-Wk Range
29.05-45.75
CEO
Mark O. Decker Jr.
Country
US
Currency
USD

Global Medical REIT Inc. operates in the REIT - Healthcare Facilities industry of the Real Estate sector, headquartered in Bethesda, MD, US. The stock last traded at $35.74, down 1.24% on the session, giving a market capitalisation of $478.1M. On trailing twelve-month figures it carries a trailing P/E of 9.58, a net margin of 30.1%. Its beta of 1.20 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
9.58
Price / Sales
3.11
Price / Book
0.72
EV / EBITDA
17.70
Gross margin
11.3%
Operating margin
8.1%
Net margin
30.1%
Return on equity
Debt / equity
0.00
Current ratio
0.00
Dividend yield
4.2%
Payout ratio
97.5%
Company profile
Exchange
New York Stock Exchange
Employees
26
IPO date
2016-06-30
Headquarters
Bethesda, MD, US
About Global Medical REIT Inc.

Global Medical REIT Inc. operates as a specialized real estate investment trust (REIT) focused on net-lease medical office properties. The company's core activity involves purchasing and subsequently leasing custom-designed healthcare facilities to well-established healthcare systems and physician practices that command a significant share of their market.

Comparable companies

Global Medical REIT Inc. is most often compared with the following Real Estate names:

AFCGCHMICLPRICRLFTLOANMAYSOPADTKCM
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