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

Global Medical REIT (NYSE:GMRE) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.890-0.930 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of -.

Global Medical REIT Trading Down 0.1 %

NYSE:GMRE opened at $8.49 on Friday. The firm has a 50-day moving average price of $7.95 and a two-hundred day moving average price of $8.75. Global Medical REIT has a 52 week low of $7.33 and a 52 week high of $10.46. The firm has a market cap of $566.82 million, a price-to-earnings ratio of -424.04, a price-to-earnings-growth ratio of 1.43 and a beta of 1.24. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.28 and a current ratio of 0.28.

Global Medical REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 9.90%. The ex-dividend date was Friday, December 20th. Global Medical REIT’s dividend payout ratio (DPR) is presently -4,200.00%.

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.