Global Medical REIT (NYSE: GMRE) is one of 23 public companies in the “Healthcare REITs” industry, but how does it compare to its peers? We will compare Global Medical REIT to related businesses based on the strength of its institutional ownership, dividends, valuation, earnings, analyst recommendations, profitability and risk.
Volatility & Risk
Global Medical REIT has a beta of -0.26, indicating that its share price is 126% less volatile than the S&P 500. Comparatively, Global Medical REIT’s peers have a beta of 0.43, indicating that their average share price is 57% less volatile than the S&P 500.
This table compares Global Medical REIT and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Global Medical REIT||$8.21 million||-$6.35 million||-34.59|
|Global Medical REIT Competitors||$812.10 million||$208.81 million||134.94|
Global Medical REIT’s peers have higher revenue and earnings than Global Medical REIT. Global Medical REIT is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
41.0% of Global Medical REIT shares are owned by institutional investors. Comparatively, 83.0% of shares of all “Healthcare REITs” companies are owned by institutional investors. 16.5% of Global Medical REIT shares are owned by company insiders. Comparatively, 6.2% of shares of all “Healthcare REITs” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares Global Medical REIT and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Global Medical REIT||-19.98%||-2.86%||-1.39%|
|Global Medical REIT Competitors||33.85%||7.56%||3.70%|
Global Medical REIT pays an annual dividend of $0.80 per share and has a dividend yield of 8.6%. Global Medical REIT pays out -296.3% of its earnings in the form of a dividend. As a group, “Healthcare REITs” companies pay a dividend yield of 5.4% and pay out 134.3% of their earnings in the form of a dividend. Global Medical REIT is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
This is a summary of recent recommendations and price targets for Global Medical REIT and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Global Medical REIT||0||1||5||0||2.83|
|Global Medical REIT Competitors||139||752||674||12||2.35|
Global Medical REIT currently has a consensus target price of $10.75, indicating a potential upside of 15.10%. As a group, “Healthcare REITs” companies have a potential upside of 27.52%. Given Global Medical REIT’s peers higher possible upside, analysts clearly believe Global Medical REIT has less favorable growth aspects than its peers.
Global Medical REIT peers beat Global Medical REIT on 10 of the 15 factors compared.
Global Medical REIT Company Profile
Global Medical REIT Inc. is engaged primarily in the acquisition of licensed, purpose-built healthcare facilities and the leasing of these facilities to clinical operators with market share. The Company’s strategy is to produce increasing, reliable rental revenue by expanding its portfolio, and leasing its healthcare facilities to market operators under long-term triple-net leases.
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