Global Medical REIT (NYSE:GMRE) Issues FY 2025 Earnings Guidance

Global Medical REIT (NYSE:GMRE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.890-0.930 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of -.

Global Medical REIT Trading Down 0.1 %

Shares of NYSE GMRE traded down $0.01 during mid-day trading on Thursday, hitting $8.49. The company’s stock had a trading volume of 375,900 shares, compared to its average volume of 476,882. The stock has a market cap of $566.82 million, a price-to-earnings ratio of -424.04, a price-to-earnings-growth ratio of 1.43 and a beta of 1.24. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.28 and a quick ratio of 0.28. Global Medical REIT has a one year low of $7.33 and a one year high of $10.46. The company’s fifty day simple moving average is $7.94 and its 200-day simple moving average is $8.75.

Global Medical REIT (NYSE:GMRE) last announced its quarterly earnings results on Thursday, February 27th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.21. Global Medical REIT had a net margin of 3.23% and a return on equity of 0.86%. On average, sell-side analysts anticipate that Global Medical REIT will post 0.81 earnings per share for the current fiscal year.

Global Medical REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.84 annualized dividend and a yield of 9.90%. Global Medical REIT’s dividend payout ratio (DPR) is currently -4,200.00%.

Global Medical REIT Company Profile

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.