GMRE
Global Medical REIT Inc.35.42
+0.18+0.51%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
964.53MP/E (TTM)
-Basic EPS (TTM)
-0.26Dividend Yield
0.1%Recent Filings
8-K
Expands ATM to $363M total
Chiron Real Estate expanded its at-the-market programs on March 12, 2026, amending its common stock sales agreement to $288M capacity while adding Huntington and Raymond James as agents. It launched a $75M Series B Preferred ATM offering at 8% cumulative rate, backed by charter amendments effective March 11 classifying 3M more shares and OP unit increases to 5.3M. Funds flow to the partnership. No proceeds yet.
8-K
Chiron inks $150M note facility
Chiron Real Estate LP secured an uncommitted $150M senior unsecured note facility with New York Life on March 2, 2026. Notes, issuable in $10M minimum tranches up to 10-year maturities at Treasury spreads, rank pari passu with other senior unsecured debt; optional prepay with make-whole. Flexible firepower bolsters liquidity, yet hinges on NYL's discretion.
10-K
FY2025 results
Chiron Real Estate closed FY2025 ended December 31, 2025 with $1.5B in gross real estate investments across 189 buildings and $118.8M annualized base rent, up from prior year amid $69.6M acquisitions offset by $23.0M dispositions. Rental revenue climbed 6.7% y/y to $147.7M, fueled by net portfolio growth and higher expense recoveries, yet Q4 impairments hit $13.0M on three sold assets where sales prices trailed carrying values. Core FFO rose to $4.53 per share/unit, backed by $73.6M operating cash flow, while debt averaged 3.74% over 4.1 years with $663M outstanding. Repurchased $6M common shares; issued $51.3M Series B preferred. Tenant bankruptcies risk rent collection.
8-K
Chiron rebrands, posts Q4 gains
Chiron Real Estate completed its rebrand from Global Medical REIT effective February 23, 2026, with NYSE symbols shifting to XRN, XRN PrA, and XRN PrB. Q4 Core FFO hit $1.16 per share, up 6.4% year-over-year, fueled by 5.4% same-property Cash NOI growth and 96% occupancy; leverage eased to 44.4%. Issued 2026 Core FFO guide of $4.30-$4.45. White Rock tenant bankruptcy clouds recovery.
8-K
Director Cole to step down
Global Medical REIT director Henry Cole notified the board on January 23, 2026, that he will step down effective at the 2026 Annual Meeting of Stockholders, where he won't stand for re-election. No disagreements with company operations, policies, or practices prompted his exit. Smooth transition. Board continuity intact.
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