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.
Company profile
Ticker
GMRE, GMRE-PA
Exchange
Website
CEO
Jeffrey Busch
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SCOOP MEDIA, INC.
SEC CIK
Corporate docs
Subsidiaries
Global Medical REIT L.P. • Global Medical REIT GP LLC • Inter-American Management LLC • GMR Omaha, LLC • GMR Asheville, LLC • GMR Pittsburgh, LLC • GMR Plano, LLC • GMR Memphis, LLC • GMR Melbourne, LLC • GMR Westland, LLC ...
IRS number
330122471
GMRE stock data
Latest filings (excl ownership)
8-K
Other Events
5 Mar 24
POS AM
Prospectus update (post-effective amendment)
29 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
424B5
Prospectus supplement for primary offering
27 Feb 24
POSASR
Automatic shelf registration (post-effective amendment)
27 Feb 24
8-K
Global Medical REIT Announces Fourth Quarter and Year-End 2023 Financial Results
27 Feb 24
8-K
Entry into a Material Definitive Agreement
9 Jan 24
424B5
Prospectus supplement for primary offering
9 Jan 24
S-3ASR
Automatic shelf registration
22 Dec 23
8-K
NIMBLE. TENACIOUS. DISCIPLINED. Investor Presentation November 2023
13 Nov 23
Transcripts
GMRE
Earnings call transcript
2023 Q4
28 Feb 24
GMRE
Earnings call transcript
2023 Q3
7 Nov 23
GMRE
Earnings call transcript
2023 Q2
3 Aug 23
GMRE
Earnings call transcript
2023 Q1
4 May 23
GMRE
Earnings call transcript
2022 Q4
1 Mar 23
GMRE
Earnings call transcript
2022 Q3
3 Nov 22
GMRE
Earnings call transcript
2022 Q2
4 Aug 22
GMRE
Earnings call transcript
2022 Q1
5 May 22
GMRE
Earnings call transcript
2021 Q4
1 Mar 22
GMRE
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
Alfonzo Leon
23 Feb 24
4
ROBERT J KIERNAN
23 Feb 24
4
Danica Holley
23 Feb 24
4
Jeffrey Busch
23 Feb 24
4
Jamie Allen Barber
23 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
25 Jan 24
144
Notice of proposed sale of securities
28 Jul 23
4
Lori Wittman
10 May 23
4
Ronald Marston
10 May 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.61 mm | 7.61 mm | 7.61 mm | 7.61 mm | 7.61 mm | 7.61 mm |
Cash burn (monthly) | 724.33 k | 498.58 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 4.33 mm | 2.98 mm | n/a | n/a | n/a | n/a |
Cash remaining | 3.28 mm | 4.63 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4.5 | 9.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
55.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 182 |
Opened positions | 20 |
Closed positions | 15 |
Increased positions | 64 |
Reduced positions | 53 |
13F shares | Current |
---|---|
Total value | 322.15 bn |
Total shares | 36.40 mm |
Total puts | 21.50 k |
Total calls | 129.80 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.06 mm | $54.36 bn |
BLK Blackrock | 5.04 mm | $45.24 bn |
STT State Street | 1.96 mm | $18.01 bn |
Geode Capital Management | 1.44 mm | $12.93 bn |
Brown Advisory | 1.42 mm | $12.77 bn |
RY Royal Bank Of Canada | 1.22 mm | $10.94 bn |
Nuveen Asset Management | 1.13 mm | $10.13 bn |
IVZ Invesco | 1.03 mm | $9.24 bn |
Sound Income Strategies | 913.66 k | $8.20 bn |
Dimensional Fund Advisors | 873.54 k | $7.84 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 May 23 | Cole Henry | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 8,903 | 0.00 | 34,692 |
10 May 23 | Ronald Marston | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 8,903 | 0.00 | 34,692 |
10 May 23 | Matthew Cypher | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 8,903 | 0.00 | 34,692 |
10 May 23 | Paula Crowley | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 8,903 | 0.00 | 28,747 |
10 May 23 | Wittman Lori | LTIP Unit Common Stock | Grant | Acquire A | No | No | 0 | 8,903 | 0.00 | 28,747 |
Press releases
Global Medical REIT Inc. Board Declares 2024 First Quarter Common and Preferred Dividends
7 Mar 24
Global Medical REIT Announces Fourth Quarter and Year-End 2023 Financial Results
27 Feb 24
Global Medical REIT Inc. Announces Dates for 2023 Fourth Quarter and Year-End Earnings Release and Webcast
12 Feb 24
Global Medical REIT Reports Tax Treatment of 2023 Dividends
26 Jan 24