How to Buy Global Medical Reit Stock
Global Medical Reit Inc
Global Medical Reit is a healthcare facility REIT company located in Maryland, United States, which is part of the Real Estate sector, and is traded under the ticker GMRE on the NYSE exchange.
Global Medical Reit stock last closed at $8.16, down 0.37% from the previous day, and has decreased 12.73% in one year. It has underperformed other stocks in the REIT - Healthcare Facilities industry by 0.13 percentage points. Global Medical Reit stock is currently +2.26% from its 52-week low of $7.98, and -29.56% from its 52-week high of $11.59.
As of Apr 24, 2024, there are 65.57M shares of GMRE outstanding. The market cap of GMRE is $535.09M. In the past 24 hours, 507,532 GMRE shares were traded.
How to Buy Global Medical Reit Stock
Not sure how to invest in Global Medical Reit stock? Here's how.
- Choose where to buy Global Medical Reit stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Global Medical Reit stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your information.
- Research Global Medical Reit stock: The Global Medical Reit ticker symbol is GMRE. Is Global Medical Reit stock a good investment? Should you buy shares of GMRE? How do GMRE's underlying business fundamentals look? Do top analysts think Global Medical Reit is a good buy? Why has GMRE's stock price moved recently? (Hint: Our stock research website can help you figure out if GMRE is a good stock to buy).
- Make your GMRE trade: Decide if you will purchase GMRE shares at the current market price or use a limit order to buy GMRE shares at a particular price.
- Monitor your GMRE investment: Create a watchlist to monitor your investment in Global Medical Reit stock.
Step 1: Choose where to buy Global Medical Reit stock
You will need an online brokerage account in order to access the NYSE market and buy GMRE shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to buy GMRE stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on mobile trading apps, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring money into your new investment account.
Step 4: Research Global Medical Reit stock
After you have chosen the best place to buy Global Medical Reit stock, it's critical to analyze their stock before you buy, so you can wrap your head around the risk and upside.
Global Medical Reit stock data
Global Medical Reit Overview
WallStreetZen was created to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on GMRE's stock page.
Is GMRE stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge GMRE's true value.
Using relative valuations measures:
- GMRE may be overvalued based on its P/E ratio of 35.48x, relative to REIT - Healthcare Facilities industry P/E ratio of 12.42x
- GMRE could be undervalued based on its P/B ratio of 0.92x, relative to REIT - Healthcare Facilities industry P/B ratio of 1.57x
You can access more valuation research on GMRE's stock here.
Is GMRE a healthy company?
Passed Financial Due Diligence Checks:
- Total GMRE debt is lower than 5 years ago, relative to shareholder equity.
- GMRE profit margin has gone up from 9.7% to 10.5% in the past year.
Failed Financial Due Diligence Checks:
- GMRE has a relatively high debt to equity ratio of 1.13.
- GMRE earnings of $51.51M is not sufficient to cover its interest payments.
- GMRE's operating cash flow of $68.44M allows it to safely service it's debt of $611.23M.
You can dive deeper into what analysts are projecting on the Global Medical Reit stock forecast page.
GMRE Trading Indicators
GMRE Growth Numbers
Last year, GMRE earnings were $14.79M. In the last 5 year, GMRE's earnings have increased by -8.05% per year. This was faster than the REIT - Healthcare Facilities industry average of -13.98%.
Last year, GMRE revenue was $141.05M. In the last five year, GMRE's revenue has gone up by 21.54% per year. This was faster than the REIT - Healthcare Facilities industry average of 6.62%.
Dig into GMRE's earnings and revenue performance here.
Latest Insiders Trades at GMRE
In the last year, executives and large shareholders at GMRE have not bought or sold any shares.
Learn more about who owns GMRE shares here.
Can I get consistent income from GMRE stock?
Global Medical Reit pays a dividend of 10.29%, compared to the REIT - Healthcare Facilities industry's average dividend yield of 7.24%. If you owned $1,000 worth of GMRE stock, you would have received $102.94 in the past 12 months.
Global Medical Reit dividend payments have consistently grown over the past 8 years and have remained stable.
Dig into more info about Global Medical Reit dividend yield and history here.
Get opinions from other investors
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Step 5: Make your GMRE trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Monitor your GMRE investment
Now that you own some shares in GMRE, you'll want to stay up-to-date on your new investment.
Create a watchlist to get the latest updates about your GMRE stock.
GMRE Feed
How to Buy Stock in Global Medical Reit
To summarize, here are the 6 steps you need to take to buy Global Medical Reit stock right now:
- Choose where to buy Global Medical Reit stock
- Sign up for your brokerage account
- Put funds into your investment account
- Research Global Medical Reit stock
- Make your GMRE trade
- Monitor your GMRE investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Global Medical Reit, create a watchlist on WallStreetZen today.
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