NYSE$XRN

Global Medical REIT Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced fourth quarter and year-end 2019 financial results.

Global Medical REIT invested $253.5 million in 18 high-quality, medical facility acquisitions during 2019. Rental revenue for the fourth quarter of 2019 increased 42.1% period-over-period to $20.4 million.

  • Invested $253.5 million in 18 high-quality, medical facility acquisitions, that position the company for long-term growth.
  • Achieved a weighted average cap rate of 7.5% for acquisitions.
  • Grew enterprise value to $1.1 billion with stockholders’ equity of more than $500 million.
  • Portfolio was 99.8% occupied and comprised of 2.8 million leasable square feet with an annual base rent of $70.4 million as of December 31, 2019.

Headline financials

Total Revenue

$20.5M

Previous: $14.4M+42.3%
EPS (adj)

$0.21

Previous: $0.20+5.0%
WALT

8.8

No prior period
Rent Escalations

2.1%

No prior period
Net Income

$1.2M

No prior period
Operating Income

$2.7M

No prior period
Gross Profit

$18.3M

No prior period
Cash & Equivalents

$151M

No prior period
Total Assets

$885M

No prior period
Stock-Based Comp

$843K

No prior period

Revenue & EPS history

Global Medical REIT · Revenue · Quarterly

$20.5M

Q4 2019+42.3%vs Q4 2018
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Global Medical REIT · $38M total across 2 segments · Q2 2025

  • Rental Revenue
    $37.9M—
  • Other Income
    $89K—

Forward guidance

The company is excited about its prospects as it looks ahead, with a large and active pipeline.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.1%

Avg return

30 days after

56%

22 / 39 earnings

Positive

+7.3%

Q4 2016

Best reaction

-9.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-9.2%-4.2%—
Q4 2025-1.6%-2.6%-13.2%
Q3 2025+1.8%+3.2%+1.7%
Q1 2025-9.8%-11.7%-17.0%
Q4 2024+3.8%+4.4%+3.1%
Q3 2024-2.6%-3.6%-7.4%
Q2 2024-1.8%-0.3%+1.0%
Q1 2024+3.4%+4.8%+8.4%
Q4 2023-5.6%-2.7%-5.7%
Q3 2023-1.8%-0.8%+11.7%
Q2 2023+3.5%+4.8%-1.5%
Q1 2023+0.8%+1.8%+1.9%
Q4 2022-4.0%-1.2%-13.0%
Q3 2022-0.9%+0.2%+12.3%
Q2 2022-0.5%-1.3%-11.0%
Q1 2022-5.3%-11.9%-12.5%
Q4 2021-3.2%-2.2%+1.9%
Q3 2021+1.6%+1.0%-2.5%
Q2 2021-0.7%-0.2%+3.7%
Q1 2021-1.2%+1.0%+5.2%
Q4 2020+1.6%+3.9%+0.2%
Q3 2020+2.0%+1.4%+7.2%
Q2 2020+4.8%+11.4%+11.6%
Q1 2020+7.0%+9.3%+26.0%
Q4 2019+4.7%-7.2%-41.1%
Q3 2019+2.3%+9.5%+22.4%
Q2 2019-0.7%+1.8%+5.0%
Q1 2019+1.4%+4.5%+7.1%
Q4 2018+0.8%+2.6%-2.0%
Q3 2018+2.2%+2.0%+6.4%
Q2 2018+4.3%+6.7%+12.2%
Q1 2018+2.6%-0.1%+4.6%
Q4 2017+5.8%+6.3%+3.9%
Q3 2017+3.1%+3.7%-2.8%
Q2 2017+0.7%+2.8%+2.8%
Q1 2017-1.2%+0.0%+0.3%
Q4 2016+7.3%+9.3%+17.1%
Q3 2016-8.5%-14.9%-0.2%
Q2 2016+1.1%+2.3%-5.0%
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2011———
Q4 2011———

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