Q1 Earnings Estimate for GMRE Issued By B. Riley

Global Medical REIT Inc. (NYSE:GMRE) – Analysts at B. Riley issued their Q1 2025 EPS estimates for shares of Global Medical REIT in a research report issued on Wednesday, April 2nd. B. Riley analyst J. Massocca forecasts that the company will earn $0.20 per share for the quarter. B. Riley has a “Hold” rating on the stock. The consensus estimate for Global Medical REIT’s current full-year earnings is $0.81 per share. B. Riley also issued estimates for Global Medical REIT’s Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.21 EPS, FY2025 earnings at $0.84 EPS and FY2026 earnings at $0.79 EPS.

Global Medical REIT (NYSE:GMRE) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.21. Global Medical REIT had a return on equity of 0.86% and a net margin of 3.23%. The company had revenue of $35.16 million for the quarter, compared to the consensus estimate of $34.87 million.

Global Medical REIT Stock Performance

NYSE:GMRE opened at $7.14 on Monday. The stock has a market cap of $477.12 million, a P/E ratio of -356.57, a PEG ratio of 1.43 and a beta of 1.12. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 1.26. The business’s 50-day moving average price is $8.35 and its two-hundred day moving average price is $8.56. Global Medical REIT has a twelve month low of $7.09 and a twelve month high of $10.46.

Hedge Funds Weigh In On Global Medical REIT

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP lifted its holdings in shares of Global Medical REIT by 111.5% during the 4th quarter. Quarry LP now owns 4,940 shares of the company’s stock worth $38,000 after acquiring an additional 2,604 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Global Medical REIT by 58.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,260 shares of the company’s stock valued at $48,000 after purchasing an additional 2,301 shares in the last quarter. GAMMA Investing LLC lifted its stake in Global Medical REIT by 11,234.4% during the first quarter. GAMMA Investing LLC now owns 7,254 shares of the company’s stock worth $63,000 after purchasing an additional 7,190 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of Global Medical REIT in the 4th quarter worth about $82,000. Finally, Corton Capital Inc. bought a new position in shares of Global Medical REIT during the 4th quarter valued at about $85,000. Hedge funds and other institutional investors own 57.52% of the company’s stock.

Global Medical REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 21st will be given a dividend of $0.21 per share. The ex-dividend date is Friday, March 21st. This represents a $0.84 annualized dividend and a yield of 11.77%. Global Medical REIT’s payout ratio is presently 8,400.00%.

About Global Medical REIT

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.