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

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

Global Medical REIT Stock Performance

Shares of GMRE opened at $8.49 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 1.26. The firm’s fifty day simple moving average is $7.95 and its two-hundred day simple moving average is $8.75. Global Medical REIT has a 12 month low of $7.33 and a 12 month high of $10.46. The stock has a market capitalization of $566.82 million, a P/E ratio of -424.04, a price-to-earnings-growth ratio of 1.43 and a beta of 1.24.

Global Medical REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 9.90%. The ex-dividend date was Friday, December 20th. Global Medical REIT’s dividend payout ratio (DPR) is currently -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.