Global Medical REIT Inc.

Global Medical REIT Inc.

GMREยทNYSE

$35.74

-1.2%
Real EstateREIT - Healthcare Facilities

Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.

At a Glance

Live Snapshot
Market Cap$478.13M
EPS-0.9100
P/E Ratio-39.27
Earnings Date05/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -39.3).

Valuation inputs: P/E -39.3, earnings yield N/A, momentum -1.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.4%, ROIC 0.0%).

Profitability stack: net margin -8.2%, ROE -2.4%, ROIC 0.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +57.3%, momentum -1.2%, net margin -8.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Global Medical REIT Inc. Market vs Earnings Trajectory

GMRE ยท NYSE

Loading price and EPS data...

Global Medical REIT Inc.

Global Medical REIT Inc. Fair Value Envelope

GMRE ยท NYSE

Our analysis suggests that GMRE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $35.74, this represents a potential HIDDEN relative to our calculated worth for Global Medical REIT Inc..

Intrinsic Value
Current Price: $35.74
3Y-54.0%
5Y-92.0%
10Y-95.0%
3Y+8.0%
5Y+58.0%
10Y+1734.0%
3Y-163.0%
5Y+529.0%
10Y+91.0%
3Y+2.0%
5Y+92.0%
10Y-33647.0%
3Y-81.0%
5Y-89.0%
10Y-23.0%
3Y-11.0%
5Y+13.0%
10Y+447.0%
Global Medical REIT Inc.

Global Medical REIT Inc. Profit Bridge

GMRE ยท NYSE
Revenue148.21M
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (32.62M)
Operating Income0.00
Interest Expense (31.75M)
Other Income/Expense0.00
Pretax Income-12.12M
Income Tax (0.00)
Net Income-12.12M
Net Income
-12.12M

Profitability Analysis

Gross Margin

0.0%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

0.0%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-8.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

0.00%
Gross Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Operating Profit Margin
-100%
3Y-100.0%
5Y-
10Y-100.0%
-8.18%
Net Profit Margin
-271%
3Y-159.0%
5Y+297.0%
10Y-90.0%
-2.38%
Return on Equity
-291%
3Y-179.0%
5Y+449.0%
10Y-42.0%
-0.98%
Return on Assets
-285%
3Y-171.0%
5Y+458.0%
10Y-65.0%
0.00%
Return on Invested Capital
-100%
3Y-100.0%
5Y-
10Y-100.0%
GMRE

Global Medical REIT Inc. Cash Conversion Engine

GMRE ยท NYSE
Net Income6.63M
Depreciation & Amortization56.08M
Stock-Based Compensation5.10M
Change in Working Capital1.21M
Others1.01M
Capital Expenditures-95.12M
Free Cash Flow-25.07M

Cash Flow Quality Analysis

FCF Conversion Rate

-378.0%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

135.8%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-142.9%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$1.21M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

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Global Medical REIT Inc. Funding & Solvency Profile

GMRE ยท NYSE
Cash & Cash Equivalents9.08M
Net Receivables7.22M
Inventory0.00
Other Current Assets0.00
Total Current Assets16 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets150.48M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
1.24B

Financial Health Analysis

Debt-to-Equity Ratio

1.34x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

16 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Global Medical REIT Inc. Street Expectations Map

GMRE ยท NYSE

Wall Street analysts project that GMRE stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 40.00, with estimates ranging from a low of 40.00 to a high of 40.00.

Lowest Target
40.00
11.92%
Consensus Target
40.00
11.92%
Highest Target
40.00
11.92%

The consensus 1-year price target stands at 40.00, with estimates ranging from a low of 40.00 to a high of 40.00.

Analyst Consensus Analysis

Upside Potential

+11.9%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Global Medical REIT Inc. Insider Positioning

GMRE ยท NYSE

During the last 12 months, insiders have purchased $1.57M and sold $861K worth of GMRE shares, resulting in $709K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

18.9K

613.99K

Sold

0

0.00

Net Activity

+614K

+$614K

9-12 Months

Bought

146.0K

956.40K

Sold

130.0K

861.07K

Net Activity

+95K

+$95K

Top Buyers

1
DMOJ

Decker Mark Okey Jr

Director, Officer: Ceo And President

160.5K sharesโ€ข5 transactions

$1.46M

2
KRJ

Kiernan Robert J

Officer: Cfo And Treasurer

3.0K sharesโ€ข1 transactions

$96K

3
CM

Cypher Matthew

Director

1.4K sharesโ€ข1 transactions

$10K

Top Sellers

1
BJA

Barber Jamie Allen

Officer: General Counsel And Secretary

130.0K sharesโ€ข1 transactions

$861K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $709K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.82:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

High Buying

3 insider buyers vs. 1 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Broad-based insider buying: When multiple insiders independently decide to purchase shares, it often reflects genuine confidence rather than coordinated optics. This pattern deserves attention, especially if buying followed a price decline.

2.22%
Dividend Yield
26%
3Y+329.0%
5Y+496.0%
10Y+51.0%
ย 

gmre Dividend History

GMRE
10Y CAGR +24%
Latest $0.75
Annual $4.35
5 year growth trend
Last Period: +0%