​

Global Medical REIT (GMRE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

GMRE Stock Forecast

Global Medical REIT (GMRE) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $11.75, with a high of $11.75 and a low of $11.75. This represents a 50.06% increase from the last price of $7.83.

$7 $8 $9 $10 $11 $12 High: $11.75 Avg: $11.75 Low: $11.75 Last Closed Price: $7.83

GMRE Stock Rating

Global Medical REIT stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (66.67%), 1 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 1 2 0 Strong Sell Sell Hold Buy Strong Buy

GMRE Forecast vs Benchmarks

TypeNameUpside
StockGlobal Medical REIT50.06%
SectorReal Estate Stocks 14.90%
IndustryHealthcare REIT Stocks10.70%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$11.75
Last Closing Price$7.83$7.83$7.83
Upside/Downside--50.06%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25154--10
Dec, 24154--10
Nov, 24254--11
Oct, 24354--12
Sep, 24344--11
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 18, 2024Kai KloseBerenberg Bank$11.75$9.4823.95%50.06%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Sep 19, 2024Alliance Global PartnersBuyinitialise
Sep 18, 2024KeyBancSector WeightSector Weighthold
Aug 01, 2023B. Riley SecuritiesBuyBuyhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.45$-0.03$-0.08$0.23-----
Avg Forecast$-0.10$0.19$0.22$0.25$-0.01$0.08$0.08$0.06$0.09
High Forecast$-0.10$0.19$0.22$0.25$-0.01$0.08$0.02$0.06$0.09
Low Forecast$-0.10$0.20$0.23$0.26$-0.01$0.08$0.14$0.06$0.09
Surprise %350.00%-115.79%-136.36%-8.00%-----

Revenue Forecast

$90M $103M $116M $129M $142M $155M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$93.73M$115.94M$137.28M$141.05M-----
Avg Forecast$92.98M$116.12M$127.33M$143.65M$138.29M$144.29M$147.67M$153.03M$149.28M
High Forecast$91.87M$114.74M$125.00M$143.62M$135.25M$141.12M$146.37M$153.01M$146.00M
Low Forecast$94.25M$117.71M$129.68M$143.68M$141.92M$148.08M$148.96M$153.06M$153.20M
Surprise %0.81%-0.16%7.81%-1.81%-----

Net Income Forecast

$-25M $-15M $-5M $5M $15M $25M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-20.61M$-2.07M$-5.23M$14.79M-----
Avg Forecast$-6.55M$12.64M$18.03M$14.79M$-920.26K$5.26M$7.64M$3.94M$5.90M
High Forecast$-6.67M$12.45M$14.43M$11.83M$-949.03K$5.09M$1.31M$3.82M$5.73M
Low Forecast$-6.45M$12.87M$21.64M$17.75M$-891.48K$5.42M$9.18M$4.07M$6.10M
Surprise %214.34%-116.41%-129.02%------

GMRE Forecast FAQ

Is Global Medical REIT stock a buy?

Global Medical REIT stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Global Medical REIT is a favorable investment for most analysts.

What is Global Medical REIT's price target?

Global Medical REIT's price target, set by 3 Wall Street analysts, averages $11.75 over the next 12 months. The price target range spans from $11.75 at the low end to $11.75 at the high end, suggesting a potential 50.06% change from the previous close price of $7.83.

How does Global Medical REIT stock forecast compare to the average forecast of its sector, industry, and investment themes?

Global Medical REIT stock forecast shows a 50.06% upside, outperforming the average forecast for the real estate stocks sector (14.90%) and outperforming the healthcare reit stocks industry (10.70%).

What is the breakdown of analyst ratings for Global Medical REIT over the past three months?

  • January 2025: 10.00% Strong Buy, 50.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 10.00% Strong Buy, 50.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 18.18% Strong Buy, 45.45% Buy, 36.36% Hold, 0% Sell, 0% Strong Sell.

What is Global Medical REIT’s EPS forecast?

Global Medical REIT's average annual EPS forecast for its fiscal year ending in December is -0.01 for 2024, a -104.35% decrease from the reported $0.23 in 2023. The prediction for 2025 is $0.08, $0.08 for 2026, $0.06 for 2027, and $0.09 for 2028.

What is Global Medical REIT’s revenue forecast?

Global Medical REIT's average annual revenue forecast for its fiscal year ending in December is $138.29M for 2024, a -1.96% decrease from the reported $141.05M in 2023. The forecast for 2025 is $144.29M, $147.67M for 2026, $153.03M for 2027, and $149.28M for 2028.

What is Global Medical REIT’s net income forecast?

For its fiscal year ending in December, Global Medical REIT's average annual net income forecast is $-920K for 2024, reflecting a -106.22% decrease from the reported $14.79M in 2023. The projection for 2025 is $5.26M, $7.64M for 2026, $3.94M for 2027, and $5.9M for 2028.