Global Medical REIT(GMRE)

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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
☐ 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) 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 | Maryland ...
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. ...
Global Medical REIT (GMRE) Q1 FFO and Revenues Miss Estimates
Zacks Investment Research· 2024-05-07 23:56
Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4.17%. 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 fou ...
Global Medical REIT(GMRE) - 2024 Q1 - Quarterly Results
2024-05-07 20:48
Exhibit 99.1 Global Medical REIT Announces First Quarter 2024 Financial Results Bethesda, MD – May 7, 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 for the three months ended March 31, 2024 and other data. Jeffrey M. Busch, Chairman, Chief Executiv ...
Global Medical REIT(GMRE) - 2023 Q4 - Annual Report
2024-02-28 21:07
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 ...
Global Medical REIT(GMRE) - 2023 Q4 - Earnings Call Transcript
2024-02-28 16:52
Global Medical REIT, Inc. (NYSE:GMRE) Q4 2023 Earnings Conference Call February 28, 2024 9:00 AM ET Company Participants Stephen Swett - ICR Jeffery Busch - Chairman, President & CEO Alfonzo Leon - CIO Robert Kiernan - CFO & Treasurer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Robert Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Alec Feygin - Robert W. Baird & Co. Operator Greetings, and welcome to the Global Medical REIT Fourth Quarter 2023 Earnings Cal ...
Global Medical REIT(GMRE) - 2023 Q4 - Earnings Call Presentation
2024-02-28 14:44
AL REIT Infusion Services Atrium Health – Winston-Salem, NC www.globalmedicalreit.com NYSE: GMRE Forward-Looking Statements Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is the Company's intent that any such statements be protected by the safe harbor created thereby. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "could," ...
Global Medical REIT(GMRE) - 2023 Q4 - Annual Results
2024-02-27 21:31
Exhibit 99.1 Global Medical REIT Announces Fourth Quarter and Year-End 2023 Financial Results Net Proceeds From 2023 Dispositions Used to Reduce Leverage and Position Company for Growth Interest expense for the fourth quarter was $7.0 million, compared to $8.1 million for the comparable prior year period. This change reflects the impact of lower average borrowings and lower interest rates compared to the prior year period. Bethesda, MD – February 27, 2024 – (BUSINESS WIRE) – Global Medical REIT Inc. (NYSE: ...