Q1 Earnings Estimate for GMRE Issued By B. Riley

Global Medical REIT Inc. (NYSE:GMRE - Free Report) - B. Riley issued their Q1 2025 earnings estimates for shares of Global Medical REIT in a report released on Wednesday, April 2nd. B. Riley analyst J. Massocca expects that the company will earn $0.20 per share for the quarter. B. Riley currently 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 Trading Down 0.6 %

GMRE stock traded down $0.05 during trading on Monday, hitting $6.98. 685,267 shares of the company traded hands, compared to its average volume of 443,805. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.28 and a current ratio of 0.28. The company has a 50-day moving average of $8.31 and a 200-day moving average of $8.50. The firm has a market capitalization of $466.43 million, a PE ratio of -348.58, a P/E/G ratio of 1.43 and a beta of 1.12. Global Medical REIT has a 1 year low of $6.77 and a 1 year high of $10.46.

Global Medical REIT (NYSE:GMRE - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.21. The business had revenue of $35.16 million during the quarter, compared to analyst estimates of $34.87 million. Global Medical REIT had a net margin of 3.23% and a return on equity of 0.86%.

Global Medical REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 21st were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 12.04%. The ex-dividend date of this dividend was Friday, March 21st. Global Medical REIT's dividend payout ratio is 8,400.00%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Quarry LP grew its holdings in Global Medical REIT by 111.5% in 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. grew its stake in shares of Global Medical REIT by 58.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,260 shares of the company's stock worth $48,000 after purchasing an additional 2,301 shares during the last quarter. GAMMA Investing LLC increased its holdings in Global Medical REIT by 11,234.4% during the 1st quarter. GAMMA Investing LLC now owns 7,254 shares of the company's stock valued at $63,000 after purchasing an additional 7,190 shares during the period. Squarepoint Ops LLC bought a new position in Global Medical REIT during the 4th quarter valued at approximately $82,000. Finally, Corton Capital Inc. purchased a new stake in Global Medical REIT in the 4th quarter worth approximately $85,000. 57.52% of the stock is owned by hedge funds and other institutional investors.

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.