Global Medical REIT Inc [GMRE] stock prices are up 4.71% to $7.33 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GMRE shares have gain 9.90% over the last week, with a monthly amount glided 4.27%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Berenberg started tracking the stock with Buy rating on October 18, 2024, and set its price target to $11.75. On September 19, 2024, Alliance Global Partners initiated with a Buy rating and assigned a price target of $12 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $9 on October 10, 2022. BMO Capital Markets downgraded its rating to a Market Perform and reduced its price target to $9 on October 06, 2022. In a note dated January 13, 2022, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
The stock price of Global Medical REIT Inc [GMRE] has been fluctuating between $6.05 and $10.35 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Global Medical REIT Inc [NYSE: GMRE] shares were valued at $7.33 at the most recent close of the market. An investor can expect a potential return of 50.07% based on the average GMRE price forecast.
Analyzing the GMRE fundamentals
The Global Medical REIT Inc [NYSE:GMRE] reported sales of 156.88M for trailing twelve months, representing a surge of 6.71%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.12 points at the first support level, and at 6.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.45, and for the 2nd resistance point, it is at 7.57.
Ratios To Look Out For
It’s worth pointing out that Global Medical REIT Inc [NYSE:GMRE]’s Current Ratio is 0.98. Further, the Quick Ratio stands at 0.98, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 3.12, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 108.92.
Transactions by insiders
Recent insider trading involved Barber Jamie Allen, General Counsel and Secretary, that happened on Aug 15 ’25 when 0.13 million shares were sold. CEO and President, Decker Mark Okey Jr completed a deal on Aug 15 ’25 to buy 17023.0 shares. Meanwhile, CEO and President Decker Mark Okey Jr bought 13871.0 shares on Aug 15 ’25.
