Q2 EPS Estimates for Global Ship Lease Reduced by B. Riley

Global Ship Lease, Inc. (NYSE:GSL - Free Report) - B. Riley reduced their Q2 2025 EPS estimates for Global Ship Lease in a research report issued to clients and investors on Monday, May 19th. B. Riley analyst L. Burke now anticipates that the shipping company will earn $2.16 per share for the quarter, down from their previous estimate of $2.40. The consensus estimate for Global Ship Lease's current full-year earnings is $9.74 per share. B. Riley also issued estimates for Global Ship Lease's Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $2.38 EPS and FY2025 earnings at $9.44 EPS.

GSL has been the topic of several other reports. Clarkson Capital lowered shares of Global Ship Lease from a "strong-buy" rating to a "hold" rating and set a $28.00 price objective on the stock. in a research report on Thursday. Jefferies Financial Group upped their price target on shares of Global Ship Lease from $28.00 to $30.00 and gave the company a "buy" rating in a report on Monday, May 19th. Finally, Wall Street Zen upgraded shares of Global Ship Lease from a "hold" rating to a "buy" rating in a research report on Thursday.

Global Ship Lease Price Performance

Shares of GSL stock traded down $0.50 during mid-day trading on Wednesday, reaching $24.45. The stock had a trading volume of 415,021 shares, compared to its average volume of 415,672. The company has a market cap of $866.75 million, a P/E ratio of 2.71 and a beta of 1.10. The company has a current ratio of 1.64, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. Global Ship Lease has a 12-month low of $17.73 and a 12-month high of $30.32. The business has a 50-day simple moving average of $22.02 and a 200 day simple moving average of $22.15.

Global Ship Lease (NYSE:GSL - Get Free Report) last released its quarterly earnings data on Monday, May 19th. The shipping company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.38. The firm had revenue of $190.98 million during the quarter, compared to the consensus estimate of $171.73 million. Global Ship Lease had a return on equity of 27.88% and a net margin of 46.38%. During the same period last year, the business posted $2.53 EPS.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. grew its holdings in shares of Global Ship Lease by 41.9% during the first quarter. SBI Securities Co. Ltd. now owns 2,430 shares of the shipping company's stock worth $56,000 after buying an additional 717 shares in the last quarter. Isthmus Partners LLC boosted its holdings in shares of Global Ship Lease by 0.7% during the first quarter. Isthmus Partners LLC now owns 113,625 shares of the shipping company's stock worth $2,596,000 after purchasing an additional 793 shares during the last quarter. WealthCollab LLC grew its position in shares of Global Ship Lease by 64.1% in the fourth quarter. WealthCollab LLC now owns 2,615 shares of the shipping company's stock valued at $57,000 after purchasing an additional 1,021 shares during the period. SVB Wealth LLC acquired a new position in Global Ship Lease in the first quarter valued at $33,000. Finally, CIBC Private Wealth Group LLC increased its stake in Global Ship Lease by 6,856.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,600 shares of the shipping company's stock valued at $36,000 after purchasing an additional 1,577 shares during the last quarter. Institutional investors and hedge funds own 50.08% of the company's stock.

Global Ship Lease Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Friday, May 23rd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 8.59%. The ex-dividend date is Friday, May 23rd. This is a boost from Global Ship Lease's previous quarterly dividend of $0.45. Global Ship Lease's dividend payout ratio (DPR) is currently 19.83%.

Global Ship Lease Company Profile

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.