Global Medical REIT (NYSE:GMRE - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect Global Medical REIT to post earnings of $0.01 per share and revenue of $34.87 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
Global Medical REIT Price Performance
GMRE traded down $0.02 during trading on Friday, reaching $8.39. The stock had a trading volume of 804,180 shares, compared to its average volume of 488,129. The firm has a market capitalization of $560.12 million, a price-to-earnings ratio of -419.04, a price-to-earnings-growth ratio of 1.43 and a beta of 1.24. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 1.26. Global Medical REIT has a 1-year low of $7.33 and a 1-year high of $10.46. The stock has a 50 day moving average of $7.93 and a two-hundred day moving average of $8.77.
Global Medical REIT Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.84 dividend on an annualized basis and a yield of 10.02%. Global Medical REIT's dividend payout ratio (DPR) is -4,197.90%.
Global Medical REIT Company Profile
(
Get Free Report)
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.
Further Reading
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