Global Net Lease, Inc. (NYSE:GNL) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of Global Net Lease, Inc. (NYSE:GNL - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $10.3333.

A number of equities research analysts recently weighed in on GNL shares. BMO Capital Markets downgraded shares of Global Net Lease from an "outperform" rating to a "market perform" rating and set a $10.00 price objective for the company. in a research report on Friday, April 17th. Huntington started coverage on shares of Global Net Lease in a report on Wednesday, July 15th. They issued a "market perform" rating and a $10.00 target price on the stock.

Global Net Lease Stock Down 0.7%

GNL stock opened at $8.80 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11. Global Net Lease has a 1-year low of $6.77 and a 1-year high of $10.04. The firm has a fifty day moving average price of $9.16 and a two-hundred day moving average price of $9.35. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of -22.01 and a beta of 1.02.

Global Net Lease (NYSE:GNL - Get Free Report) last issued its earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.18). Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.The business had revenue of $109.29 million for the quarter, compared to analyst estimates of $112.37 million. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, July 13th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Monday, July 13th. Global Net Lease's dividend payout ratio is presently -190.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. bought a new position in Global Net Lease during the 4th quarter worth $28,000. Northwestern Mutual Wealth Management Co. lifted its stake in Global Net Lease by 180.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider's stock valued at $45,000 after buying an additional 3,830 shares during the last quarter. Ameriflex Group Inc. lifted its stake in Global Net Lease by 43.3% in the fourth quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider's stock valued at $50,000 after buying an additional 1,761 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Global Net Lease by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider's stock valued at $51,000 after acquiring an additional 1,412 shares during the period. Finally, Focus Partners Wealth acquired a new position in shares of Global Net Lease during the third quarter valued at $61,000. Institutional investors and hedge funds own 61.19% of the company's stock.

Global Net Lease Company Profile

Global Net Lease NYSE: GNL is a real estate investment trust (REIT) that focuses on acquiring and managing a diversified portfolio of single-tenant, net-lease commercial properties. The company's business model centers on establishing long-term, triple-net leases with creditworthy tenants, enabling the pass-through of property operating expenses while aiming to provide predictable rental income and stable cash flows. Global Net Lease's portfolio spans retail, industrial, office and light-industrial assets, each selected for its strategic location and tenant credit quality.

Since launching its initial public offering in April 2016, Global Net Lease has built a presence in key markets throughout the United States and Western Europe.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.