With 1.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on GMRE shows that it touched its highest point at $10.35 and its lowest point at $6.26 during that stretch. It currently has a 1-year price target of $9.66. With its current market cap of 446.86 million, GMRE has annualized dividend of $0.62 while the current yield stands at 10.05%. Beta for the stock currently stands at 1.20.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GMRE was down-trending over the past week, with a drop of -8.47%, but this was down by -19.58% over a month. Three-month performance dropped to -26.40% while six-month performance fell -28.21%. The stock lost -29.51% in the past year, while it has lost -20.21% so far this year. A look at the trailing 12-month EPS for GMRE yields 0.03 with Next year EPS estimates of 0.05. For the next quarter, that number is 0.01. This implies an EPS growth rate of 583.33% for this year and -26.83% for next year. EPS is expected to grow by 108.01% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -34.34%.
Float and Shares Shorts:
At present, 66.88 million GMRE shares are outstanding with a float of 63.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GMRE since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.01368345 being high and -$0.01435781 being low. For GMRE, this leads to a yearly average estimate of -$0.014. Based on analyst estimates, the high estimate for the next quarter is $0.01 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.01.
