2 REITs With Asymmetric Payoff And Juicy Dividends
In the falling interest rate environment, duration-loaded assets thrive. Since REITs enjoy predictable cash flows from long-term agreements, they are quite sensitive to interest rate changes just as bonds. Historical examples, like the Austrian century bond, illustrate the impact of shifting monetary policies on such assets.
GMRE or CDP: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?
GMRE vs. CDP: Which Stock Is the Better Value Option?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Medical REIT (GMRE) and COPT Defense (CDP). But which of these two stocks presents investors with the better value opportunity right now?
Two 9% Yielding REITs, Where It's Worth Waiting A Bit Before Buying
The current interest rate environment offers yield-seeking investors opportunities for ~ 7% yields without sacrificing quality. However, to move closer to double-digit yield territory, things become more tricky and investors have to be very selective to avoid unpleasant surprises. In this article, I elaborate on two equity REITs, which yield 9% and above.
Slate Grocery REIT: Still A Hold Until The Inflection Point Later This Year
Slate Grocery REIT has still a dirt cheap multiple, high dividend yield, and strong fundamentals, similar to Global Medical REIT. Currently, Slate carries ~ 30% discount to its closest peers, while having industry-leading organic growth profile stemming from the below market level rent convergence. However, just as GMRE, Slate is exposed to refinancing risk from the 2024 and 2025 debt maturities pushing the interest costs higher.
Global Medical REIT, Inc. (GMRE) Q2 2024 Earnings Call Transcript
Global Medical REIT, Inc. (NYSE:GMRE ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Stephen Swett - ICR, Investor Relations Jeffery Busch - Chairman, President and CEO Alfonzo Leon - CIO Robert Kiernan - CFO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Robert Stevenson - Janney Montgomery Scott Bryan Maher - B. Riley Securities Operator Greetings and welcome to Global Medical REIT Second Quarter 2024 Earnings Conference Call.
Global Medical REIT (GMRE) Meets Q2 FFO Estimates
Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago.
5 Roughed-Up REITs With 11%+ Average Yields
I love the economics of real estate. But a landlord I'm not.
Global Medical: The Yield Is Not Too Good To Be True
Global Medical's portfolio consists of 185 properties across 34 states, with strong rent coverage and tenant diversification. GMRE pays a high dividend yield of 9.53% and the payout ratio is 92.3%, but I think a dividend cut is unlikely. Demand for medical services is resilient and the REIT has manageable debt levels to take advantage of it in the long term.
