(GMRE) Global Medical REIT - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US37954A2042

Healthcare Facilities Leasing, Real Estate Investment

EPS (Earnings per Share)

EPS (Earnings per Share) of GMRE over the last years for every Quarter: "2020-12": 0.02, "2021-03": 0.03, "2021-06": 0.04, "2021-09": 0.06, "2021-12": 0.06, "2022-03": 0.04, "2022-06": 0.03, "2022-09": 0.12, "2022-12": 0.01, "2023-03": 0.01, "2023-06": 0.18, "2023-09": 0.05, "2023-12": -0.01, "2024-03": 0.01, "2024-06": -0.05, "2024-09": 0.03, "2024-12": -0.04, "2025-03": 0.0103, "2025-06": -0.01, "2025-09": -0.0011,

Revenue

Revenue of GMRE over the last years for every Quarter: 2020-12: 24.929, 2021-03: 27.349, 2021-06: 28.261, 2021-09: 29.983, 2021-12: 30.343, 2022-03: 31.875, 2022-06: 33.697, 2022-09: 35.406, 2022-12: 36.306, 2023-03: 36.23, 2023-06: 36.351, 2023-09: 35.487, 2023-12: 32.931, 2024-03: 35.069, 2024-06: 34.214, 2024-09: 34.175, 2024-12: 34.952, 2025-03: 34.595, 2025-06: 37.88, 2025-09: 40.562,

Dividends

Dividend Yield 9.40%
Yield on Cost 5y 4.24%
Yield CAGR 5y 21.23%
Payout Consistency 95.2%
Payout Ratio -
Risk via 5d forecast
Volatility 28.3%
Value at Risk 5%th 43.8%
Relative Tail Risk -6.07%
Reward TTM
Sharpe Ratio 0.01
Alpha -13.99
CAGR/Max DD -0.12
Character TTM
Hurst Exponent 0.617
Beta 0.592
Beta Downside 0.777
Drawdowns 3y
Max DD 39.20%
Mean DD 19.78%
Median DD 18.99%

Description: GMRE Global Medical REIT January 21, 2026

Global Medical REIT Inc. (NYSE: GMRE) is an internally managed REIT organized in Maryland that acquires and leases medical office and outpatient facilities to physician groups and health-system operators. Its real-estate assets are held through Global Medical REIT L.P., a Delaware limited partnership, while the Company acts as the sole general partner via its wholly-owned subsidiary, Global Medical REIT GP LLC.

As of September 30 2025, the Company owned 92.14 % of the limited-partner interests in the Operating Partnership; the remaining 7.86 % was held by LTIP-unit participants and third-party partners who contributed properties or services in exchange for partnership units. This ownership structure aligns management incentives with long-term asset performance and limits dilution from external capital.

Key market drivers for GMRE include a historically high occupancy rate of roughly 95 % across its portfolio, an average lease term of 10 years that cushions cash-flow volatility, and a sector-wide cap-rate compression to about 5.5 % driven by the aging U.S. population and the shift toward outpatient care. In 2024 the REIT reported an 8 % year-over-year increase in funds-from-operations (FFO) and maintained a debt-to-equity ratio near 0.7, supporting its current dividend yield of roughly 5.5 %.

For a deeper dive into GMRE’s valuation metrics and comparable peers, check the analysis on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: 2.50m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -3.67 > 1.0
NWC/Revenue: -11.18% < 20% (prev -462.7%; Δ 451.5% < -1%)
CFO/TA 0.06 > 3% & CFO 72.5m > Net Income 2.50m
Net Debt (721.5m) to EBITDA (83.2m): 8.67 < 3
Current Ratio: 0.53 > 1.5 & < 3
Outstanding Shares: last quarter (13.4m) vs 12m ago 408.9% < -2%
Gross Margin: 68.76% > 18% (prev 0.79%; Δ 6797 % > 0.5%)
Asset Turnover: 11.76% > 50% (prev 10.98%; Δ 0.79% > 0%)
Interest Coverage Ratio: 0.81 > 6 (EBITDA TTM 83.2m / Interest Expense TTM 30.9m)

Altman Z'' -1.25

A: -0.01 (Total Current Assets 18.7m - Total Current Liabilities 35.2m) / Total Assets 1.27b
B: -0.26 (Retained Earnings -332.6m / Total Assets 1.27b)
C: 0.02 (EBIT TTM 24.9m / Avg Total Assets 1.26b)
D: -0.42 (Book Value of Equity -325.1m / Total Liabilities 767.4m)
Altman-Z'' Score: -1.25 = CCC

Beneish M -2.97

DSRI: 0.90 (Receivables 8.31m/8.53m, Revenue 148.0m/136.4m)
GMI: 1.15 (GM 68.76% / 79.36%)
AQI: 1.00 (AQ_t 0.97 / AQ_t-1 0.97)
SGI: 1.09 (Revenue 148.0m / 136.4m)
TATA: -0.05 (NI 2.50m - CFO 72.5m) / TA 1.27b)
Beneish M-Score: -2.97 = A

ValueRay F-Score (Strict, 0-100) 47.98

1. Piotroski: 2.0pt
2. FCF Yield: 1.09%
3. FCF Margin: 12.59%
4. Debt/Equity: 1.50
5. Debt/Ebitda: 8.67
6. ROIC - WACC: -3.12%
7. RoE: 0.49%
8. Revenue Trend: 61.29%
9. EPS Trend: -48.55%

What is the price of GMRE shares?

As of January 23, 2026, the stock is trading at USD 35.49 with a total of 41,221 shares traded.
Over the past week, the price has changed by -1.61%, over one month by +3.80%, over three months by +13.64% and over the past year by -0.88%.

Is GMRE a buy, sell or hold?

Global Medical REIT has received a consensus analysts rating of 3.90. Therefore, it is recommended to buy GMRE.
  • Strong Buy: 4
  • Buy: 1
  • Hold: 5
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the GMRE price?

Issuer Target Up/Down from current
Wallstreet Target Price 40.3 13.4%
Analysts Target Price 40.3 13.4%
ValueRay Target Price 39.5 11.2%

GMRE Fundamental Data Overview January 18, 2026

P/E Forward = 144.9275
P/S = 6.7895
P/B = 1.1786
P/EG = -26.28
Revenue TTM = 148.0m USD
EBIT TTM = 24.9m USD
EBITDA TTM = 83.2m USD
Long Term Debt = 709.6m USD (from longTermDebt, last quarter)
Short Term Debt = 280.0k USD (from shortTermDebt, last quarter)
Debt = 728.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 721.5m USD (from netDebt column, last quarter)
Enterprise Value = 1.70b USD (983.3m + Debt 728.7m - CCE 7.12m)
Interest Coverage Ratio = 0.81 (Ebit TTM 24.9m / Interest Expense TTM 30.9m)
EV/FCF = 91.50x (Enterprise Value 1.70b / FCF TTM 18.6m)
FCF Yield = 1.09% (FCF TTM 18.6m / Enterprise Value 1.70b)
FCF Margin = 12.59% (FCF TTM 18.6m / Revenue TTM 148.0m)
Net Margin = 1.69% (Net Income TTM 2.50m / Revenue TTM 148.0m)
Gross Margin = 68.76% ((Revenue TTM 148.0m - Cost of Revenue TTM 46.2m) / Revenue TTM)
Gross Margin QoQ = 42.72% (prev 78.31%)
Tobins Q-Ratio = 1.34 (Enterprise Value 1.70b / Total Assets 1.27b)
Interest Expense / Debt = 1.12% (Interest Expense 8.18m / Debt 728.7m)
Taxrate = 12.12% (811.0k / 6.69m)
NOPAT = 21.9m (EBIT 24.9m * (1 - 12.12%))
Current Ratio = 0.53 (Total Current Assets 18.7m / Total Current Liabilities 35.2m)
Debt / Equity = 1.50 (Debt 728.7m / totalStockholderEquity, last quarter 485.3m)
Debt / EBITDA = 8.67 (Net Debt 721.5m / EBITDA 83.2m)
Debt / FCF = 38.73 (Net Debt 721.5m / FCF TTM 18.6m)
Total Stockholder Equity = 510.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.20% (Net Income 2.50m / Total Assets 1.27b)
RoE = 0.49% (Net Income TTM 2.50m / Total Stockholder Equity 510.0m)
RoCE = 2.05% (EBIT 24.9m / Capital Employed (Equity 510.0m + L.T.Debt 709.6m))
RoIC = 1.96% (NOPAT 21.9m / Invested Capital 1.12b)
WACC = 5.07% (E(983.3m)/V(1.71b) * Re(8.10%) + D(728.7m)/V(1.71b) * Rd(1.12%) * (1-Tc(0.12)))
Discount Rate = 8.10% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 125.9%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈36.7m ; Y1≈24.1m ; Y5≈11.0m
Fair Price DCF = N/A (negative equity: EV 350.3m - Net Debt 721.5m = -371.2m; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -48.55 | EPS CAGR: -18.74% | SUE: -0.07 | # QB: 0
Revenue Correlation: 61.29 | Revenue CAGR: 8.05% | SUE: 1.64 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.12 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.12 | Chg30d=-2.115 | Revisions Net=+0 | Growth EPS=-46.1% | Growth Revenue=+3.2%

Additional Sources for GMRE Stock

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