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

Global Medical REIT (NYSE:GMRE) updated its FY 2025 earnings guidance on Thursday. 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 Up 4.1 %

NYSE GMRE opened at $8.83 on Friday. The stock has a market capitalization of $589.67 million, a price-to-earnings ratio of -441.13, a PEG ratio of 1.43 and a beta of 1.24. The business’s fifty day moving average is $7.97 and its 200-day moving average is $8.75. 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.

Global Medical REIT (NYSE:GMRE) last announced its quarterly earnings results on Thursday, February 27th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.21. The company had revenue of $35.16 million for the quarter, compared to analysts’ expectations of $34.87 million. Global Medical REIT had a net margin of 3.23% and a return on equity of 0.86%. Equities research analysts predict that Global Medical REIT will post 0.81 EPS for the current year.

Global Medical REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 21st will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 9.52%. The ex-dividend date of this dividend is Friday, March 21st. Global Medical REIT’s dividend payout ratio (DPR) is presently -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.