Global Medical REIT(GMRE)
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Slate Grocery REIT: Still A Hold Until The Inflection Point Later This Year
Seeking Alpha· 2024-08-11 16:21
shaunl I have been covering Slate Grocery REIT (OTC:SRRTF) since mid 2023, by issuing multiple bull thesis arguing why investors should adding this REIT into their portfolios. The main elements of the thesis here are the dirt cheap multiple (e.g., P/AFFO multiple of 9.3x), high dividend yield and strong underlying fundamentals, which are subject to decent organic growth. The cheapness stems from the fact that Slate is still trading at a significant discount to its closest retail peers both in the freestandi ...
Global Medical REIT(GMRE) - 2024 Q2 - Quarterly Report
2024-08-07 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. Commission file number: 001-37815 Global Medical REIT Inc. (Exact name of registrant as specified in its charter) Maryland 46- ...
Global Medical REIT(GMRE) - 2024 Q2 - Earnings Call Transcript
2024-08-07 16:18
Global Medical REIT, Inc. (NYSE:GMRE) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Stephen Swett - ICR, Investor Relations Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Robert Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Operator Greetings and welcome to Global Medical REIT Second Quarter 2024 Earnings C ...
Global Medical REIT(GMRE) - 2024 Q2 - Earnings Call Presentation
2024-08-07 14:35
AL REIT (J[] Wake Forest Baptist Health Infusion Services Outpatient Endoscopy ↑ Parking Atrium Health – Winston-Salem, NC SECOND QUARTER 2024 EARNINGS SUPPLEMENTAL www.globalmedicalreit.com NYSE: GMRE TABLE OF CONTENTS | --- | --- | --- | --- | --- | |---------------|------------------------------|-------|--------------------------------------------------|-------| | | | | | | | | | | Company Overview | 3 | | | | | Select Quarterly Financial Data | 6 | | | | | Business Summary | 7 | | | | | Portfolio Summar ...
Global Medical REIT (GMRE) Meets Q2 FFO Estimates
ZACKS· 2024-08-06 23:15
Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of $0.23, delivering a surprise of -4.17%. Over the last four quarters, the company has not been able to surpass consensus FFO estim ...
Global Medical REIT(GMRE) - 2024 Q2 - Quarterly Results
2024-08-06 21:05
Exhibit 99.1 1 Global Medical REIT Announces Second Quarter 2024 Financial Results Completes $31 million in Acquisitions of Single Tenant Triple Net Medical Real Estate in July Bethesda, MD – August 6, 2024 – (BUSINESS WIRE) – Global Medical REIT Inc. (NYSE: GMRE) (the "Company" or "GMRE"), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results ...
5 Roughed-Up REITs With 11%+ Average Yields
Forbes· 2024-06-30 15:15
Sure, mega-caps dealing in artificial intelligence have done a lot of the lifting, but a lot of boats have been lifted by the rising tide. In fact, investors have bid up 10 of the market's 11 sectors as of June 24. Contrarian Outlook Real estate was clobbered as the Federal Reserve started hiking rates at the start of 2022, and the beatings continued until a few months after the Fed's final hike in July 2023. The sector started to bounce near the end of last year as every pundit predicted a gaggle of rate h ...
Global Medical REIT: Better Q1 Than Expected, But Still A Cautious Stance
Seeking Alpha· 2024-05-09 18:16
buzbuzzer As most of my followers have probably noticed it by now, I have been actively covering Global Medical (NYSE:GMRE) since early 2019, when I issued my first bull thesis. GMRE was also my first ever REIT investment and up to this day, it still is the only health care REITs in my portfolio. The performance of GMRE since then has been quite volatile and due to the massive price correction stemming from the restrictive monetary policy, the total return result has landed at a similar level than for the o ...
Global Medical REIT(GMRE) - 2024 Q1 - Quarterly Report
2024-05-08 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. Commission file number: 001-37815 Global Medical REIT Inc. (Exact name of registrant as specified in its charter) Maryland 46 ...
Global Medical REIT(GMRE) - 2024 Q1 - Earnings Call Transcript
2024-05-08 16:15
Global Medical REIT, Inc. (NYSE:GMRE) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Stephen Swett - ICR Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Rob Stevenson - Janney Bryan Maher - B. Riley FBR Wes Golladay - Baird Operator Good day, and welcome to the Global Medical REIT First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. ...