Global Medical REIT Inc. (GMRE) Analysts See $0.23 EPS

October 14, 2018 - By Ash

Global Medical REIT Inc. (NYSE:GMRE) Logo

Analysts expect Global Medical REIT Inc. (NYSE:GMRE) to report $0.23 EPS on November, 8.They anticipate $0.06 EPS change or 35.29 % from last quarter’s $0.17 EPS. GMRE’s profit would be $5.40M giving it 9.62 P/E if the $0.23 EPS is correct. After having $0.20 EPS previously, Global Medical REIT Inc.’s analysts see 15.00 % EPS growth. The stock decreased 1.01% or $0.09 during the last trading session, reaching $8.85. About 130,533 shares traded or 17.19% up from the average. Global Medical REIT Inc. (NYSE:GMRE) has risen 1.18% since October 14, 2017 and is uptrending. It has underperformed by 14.44% the S&P500.

Global Medical REIT Inc. is a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share. The company has market cap of $207.87 million. The Company's strategy is to produce increasing, reliable rental revenue by expanding its portfolio, and leasing its healthcare facilities to market-leading operators under long-term triple-net leases. It currently has negative earnings. The Company's management team has significant healthcare, real estate and public real estate investment trust, or REIT, experience and has long-established relationships with a wide range of healthcare providers.

More news for Global Medical REIT Inc. (NYSE:GMRE) were recently published by:, which released: “Benzinga’s Top Upgrades, Downgrades For October 11, 2018” on October 11, 2018.‘s article titled: “Global Medical REIT 7.50% Preferred: Q2 Update” and published on September 24, 2018 is yet another important article.

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