NYSE:GSL Global Ship Lease (GSL) Stock Price, News & Analysis → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free GSL Stock Alerts $24.18 0.00 (0.00%) (As of 05/13/2024 ET) Add Compare Share Share Today's Range$24.15▼$24.4050-Day Range$18.83▼$24.1852-Week Range$16.80▼$24.42Volume457,010 shsAverage Volume663,612 shsMarket Capitalization$851.07 millionP/E Ratio2.90Dividend Yield6.20%Price Target$25.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Global Ship Lease alerts: Email Address Global Ship Lease MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside3.4% Upside$25.00 Price TargetShort InterestHealthy3.59% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-11.81%From $9.40 to $8.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.93 out of 5 starsTransportation Sector59th out of 116 stocksDeep Sea Foreign Transportation Of Freight Industry12th out of 28 stocks 1.5 Analyst's Opinion Consensus RatingGlobal Ship Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageGlobal Ship Lease has only been the subject of 1 research reports in the past 90 days.Read more about Global Ship Lease's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.59% of the float of Global Ship Lease has been sold short.Short Interest Ratio / Days to CoverGlobal Ship Lease has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Global Ship Lease has recently decreased by 8.59%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipGlobal Ship Lease is a leading dividend payer. It pays a dividend yield of 6.20%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGlobal Ship Lease does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Global Ship Lease is 18.01%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Global Ship Lease will have a dividend payout ratio of 18.09% next year. This indicates that Global Ship Lease will be able to sustain or increase its dividend.Read more about Global Ship Lease's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GSL. Previous Next 3.1 News and Social Media Coverage News SentimentGlobal Ship Lease has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Global Ship Lease this week, compared to 2 articles on an average week.Search Interest24 people have searched for GSL on MarketBeat in the last 30 days. This is an increase of 26% compared to the previous 30 days.MarketBeat Follows5 people have added Global Ship Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Global Ship Lease insiders have not sold or bought any company stock.Percentage Held by Institutions50.08% of the stock of Global Ship Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Global Ship Lease's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Global Ship Lease are expected to decrease by -11.81% in the coming year, from $9.40 to $8.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global Ship Lease is 2.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Global Ship Lease is 2.90, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 20.37.Price to Book Value per Share RatioGlobal Ship Lease has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Global Ship Lease's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Global Ship Lease Stock (NYSE:GSL)Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU. The company was founded in 2007 and is based in Athens, Greece.Read More GSL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GSL Stock News HeadlinesMay 10 at 12:54 PM | finance.yahoo.comGlobal Ship Lease Declares Quarterly Dividend per Common Share for First Quarter of 2024May 9, 2024 | americanbankingnews.comGlobal Ship Lease (GSL) Scheduled to Post Quarterly Earnings on ThursdayMay 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksMay 7, 2024 | globenewswire.comGlobal Ship Lease Announces First Quarter 2024 Earnings Release, Conference Call and WebcastMay 3, 2024 | globenewswire.comGlobal Ship Lease Announces Annual Meeting of ShareholdersApril 28, 2024 | seekingalpha.comA.P. Møller Maersk A/S ADR Investors Face Calm Seas AheadApril 23, 2024 | finance.yahoo.comGlobal Ship Lease Stock Sees Relative Strength Rating Sails HigherApril 18, 2024 | finance.yahoo.comIs Now The Time To Put Global Ship Lease (NYSE:GSL) On Your Watchlist?April 18, 2024 | seekingalpha.comGlobal Ship Lease Stock Looks Good, But I Have Some Concerns (Rating Downgrade)April 4, 2024 | msn.comS&P/TSX composite posts small loss as U.S. stock markets turn negative mid-afternoonApril 4, 2024 | finance.yahoo.comThose who invested in Global Ship Lease (NYSE:GSL) five years ago are up 369%April 3, 2024 | finance.yahoo.comWEBINAR INVITATION | Global Ship Lease, Inc. (NYSE: GSL) Thursday, April 11, 2024 at 10:00 a.m. ETMarch 25, 2024 | seekingalpha.comGlobal Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A ConcernMarch 20, 2024 | globenewswire.comGlobal Ship Lease Files its Annual Report for 2023 on Form 20-FMarch 6, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: VAT Group AG (OtherVTTGF) and Global Ship Lease (GSL)March 5, 2024 | finance.yahoo.comGlobal Ship Lease Full Year 2023 Earnings: Revenues Beat Expectations, EPS LagsMarch 5, 2024 | finance.yahoo.comGlobal Ship Lease, Inc. (NYSE:GSL) Q4 2023 Earnings Call TranscriptMarch 4, 2024 | msn.comGlobal Ship Lease Inc Deposit Shs Repr Cum Red Perp Pfd Shs Series B declares $0.5469 dividendMarch 4, 2024 | globenewswire.comGlobal Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred SharesMarch 4, 2024 | finanznachrichten.deGlobal Ship Lease Inc.: Global Ship Lease Reports Results for the Fourth Quarter of 2023March 4, 2024 | markets.businessinsider.comWhy Is Global Ship Lease Stock Trading Lower Today?March 4, 2024 | msn.comGlobal Ship Lease sinks on disappointing Q4 earnings; CEO Lister to retireMarch 4, 2024 | seekingalpha.comGlobal Ship Lease, Inc. 2023 Q4 - Results - Earnings Call PresentationMarch 4, 2024 | globenewswire.comGlobal Ship Lease Reports Results for the Fourth Quarter of 2023March 1, 2024 | finance.yahoo.comOwning 46% shares,institutional owners seem interested in Global Ship Lease, Inc. (NYSE:GSL),See More Headlines Receive GSL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Global Ship Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/6 Dividend2/21/2024Last Earnings3/04/2024Dividend Payable3/06/2024Today5/13/2024Next Earnings (Confirmed)5/16/2024Ex-Dividend for 6/3 Dividend5/23/2024Dividend Payable6/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:GSL CUSIPN/A CIK1430725 Webwww.globalshiplease.com Phone442039980063Fax44-0-20-7869-8119Employees7Year FoundedN/APrice Target and Rating Average Stock Price Target$25.00 High Stock Price Target$25.00 Low Stock Price Target$25.00 Potential Upside/Downside+3.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$8.33 Trailing P/E Ratio2.91 Forward P/E Ratio2.58 P/E GrowthN/ANet Income$304.50 million Net Margins45.12% Pretax Margin45.19% Return on Equity29.87% Return on Assets15.22% Debt Debt-to-Equity Ratio0.52 Current Ratio1.05 Quick Ratio1.00 Sales & Book Value Annual Sales$674.79 million Price / Sales1.26 Cash Flow$12.06 per share Price / Cash Flow2.01 Book Value$33.66 per share Price / Book0.72Miscellaneous Outstanding Shares35,190,000Free FloatN/AMarket Cap$853.01 million OptionableOptionable Beta1.46 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Georgios Giouroukos Youroukos (Age 59)Executive Chairman Mr. Thomas A. Lister (Age 54)Chief Executive Officer Mr. Anastasios Psaropoulos (Age 54)CFO & Treasurer Mr. George GiannopoulosHead of Internal AuditMs. Maria DaneziCompany SecretaryKey CompetitorsTsakos Energy NavigationNYSE:TNPArdmore ShippingNYSE:ASCTeekayNYSE:TKEagle Bulk ShippingNASDAQ:EGLEGenco Shipping & TradingNYSE:GNKView All CompetitorsInstitutional OwnershipO Shaughnessy Asset Management LLCSold 1,483 shares on 5/13/2024Ownership: 0.139%Donald Smith & CO. Inc.Bought 969,536 shares on 5/10/2024Ownership: 7.200%Acadian Asset Management LLCSold 49,354 shares on 5/10/2024Ownership: 0.111%Foundry Partners LLCBought 14,529 shares on 5/9/2024Ownership: 0.896%Inspire Advisors LLCBought 13,341 shares on 5/8/2024Ownership: 0.038%View All Institutional Transactions GSL Stock Analysis - Frequently Asked Questions Should I buy or sell Global Ship Lease stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GSL shares. View GSL analyst ratings or view top-rated stocks. What is Global Ship Lease's stock price target for 2024? 1 Wall Street analysts have issued 1 year target prices for Global Ship Lease's shares. Their GSL share price targets range from $25.00 to $25.00. On average, they anticipate the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View analysts price targets for GSL or view top-rated stocks among Wall Street analysts. How have GSL shares performed in 2024? Global Ship Lease's stock was trading at $19.82 at the start of the year. Since then, GSL stock has increased by 22.0% and is now trading at $24.1850. View the best growth stocks for 2024 here. Are investors shorting Global Ship Lease? Global Ship Lease saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,170,000 shares, a drop of 8.6% from the April 15th total of 1,280,000 shares. Based on an average daily volume of 735,000 shares, the short-interest ratio is presently 1.6 days. Currently, 3.6% of the shares of the stock are short sold. View Global Ship Lease's Short Interest. When is Global Ship Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our GSL earnings forecast. How can I listen to Global Ship Lease's earnings call? Global Ship Lease will be holding an earnings conference call on Thursday, May 16th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Global Ship Lease's earnings last quarter? Global Ship Lease, Inc. (NYSE:GSL) announced its quarterly earnings data on Monday, March, 4th. The shipping company reported $2.49 earnings per share for the quarter, beating analysts' consensus estimates of $2.34 by $0.15. The shipping company earned $178.89 million during the quarter, compared to the consensus estimate of $171.54 million. Global Ship Lease had a trailing twelve-month return on equity of 29.87% and a net margin of 45.12%. During the same period in the previous year, the company posted $2.14 EPS. How often does Global Ship Lease pay dividends? What is the dividend yield for Global Ship Lease? Global Ship Lease declared a quarterly dividend on Friday, May 10th. Shareholders of record on Friday, May 24th will be paid a dividend of $0.375 per share on Monday, June 3rd. This represents a $1.50 annualized dividend and a yield of 6.20%. The ex-dividend date is Thursday, May 23rd. Read our dividend analysis for GSL. Is Global Ship Lease a good dividend stock? Global Ship Lease (NYSE:GSL) pays an annual dividend of $1.50 per share and currently has a dividend yield of 6.20%. GSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSL will have a dividend payout ratio of 18.09% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GSL. What ETFs hold Global Ship Lease's stock? ETFs with the largest weight of Global Ship Lease (NYSE:GSL) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).SonicShares Global Shipping ETF (BOAT). When did Global Ship Lease's stock split? Global Ship Lease shares reverse split on Monday, March 25th 2019. The 1-8 reverse split was announced on Wednesday, March 20th 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, March 22nd 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split. What other stocks do shareholders of Global Ship Lease own? Based on aggregate information from My MarketBeat watchlists, some companies that other Global Ship Lease investors own include Actinium Pharmaceuticals (ATNM), Energy Transfer (ET), Verastem (VSTM), Capital Product Partners (CPLP), Teekay LNG Partners (TGP), Enterprise Products Partners (EPD), Mazor Robotics (MZOR), Seanergy Maritime (SHIP), DHT (DHT) and Dorian LPG (LPG). Who are Global Ship Lease's major shareholders? Global Ship Lease's stock is owned by many different institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (7.20%), Foundry Partners LLC (0.90%), Isthmus Partners LLC (0.40%), Commonwealth Equity Services LLC (0.27%), Crescent Grove Advisors LLC (0.22%) and GSA Capital Partners LLP (0.18%). How do I buy shares of Global Ship Lease? Shares of GSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:GSL) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe Crypto 9-5 Escape PlanCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersCharles Payne Demystifies OptionsUnstoppable ProsperityElon’s New Device is About to Shock the WorldInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Global Ship Lease, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
