Global Net Lease (NYSE:GNL) Issues FY 2025 Earnings Guidance

Key Points

• Global Net Lease provided FY 2025 earnings guidance of 0.920-0.960 EPS, which is below the consensus estimate of 0.977.
• Shares of Global Net Lease rose 6.8% during trading on Thursday, reaching a price of $7.31.
• The company's dividend yield stands at 10.4%, with a recent quarterly dividend payment of $0.19 per share.

Global Net Lease (NYSE:GNL - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.920-0.960 for the period, compared to the consensus EPS estimate of 0.977. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. JMP Securities reissued a "market outperform" rating and set a $9.00 target price on shares of Global Net Lease in a research note on Thursday, June 12th. B. Riley initiated coverage on Global Net Lease in a report on Tuesday, April 22nd. They set a "neutral" rating and a $8.00 price objective on the stock. Finally, Colliers Securities raised Global Net Lease from a "neutral" rating to a "buy" rating and set a $12.00 target price on the stock in a research note on Thursday. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $9.25.

Global Net Lease Stock Up 3.1%

Shares of NYSE GNL traded up $0.24 during trading hours on Friday, hitting $7.71. The stock had a trading volume of 3,242,441 shares, compared to its average volume of 1,918,801. The company has a market capitalization of $1.76 billion, a P/E ratio of -5.35 and a beta of 1.20. The firm's 50-day moving average price is $7.39 and its two-hundred day moving average price is $7.51. Global Net Lease has a 52 week low of $6.51 and a 52 week high of $9.10. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.11 and a current ratio of 0.08.

Global Net Lease (NYSE:GNL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.24 EPS for the quarter, beating the consensus estimate of $0.20 by $0.04. The business had revenue of $124.91 million during the quarter, compared to analysts' expectations of $138.38 million. Global Net Lease had a negative return on equity of 9.71% and a negative net margin of 43.75%. Analysts anticipate that Global Net Lease will post 1.26 EPS for the current fiscal year.

Global Net Lease Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 16th. Shareholders of record on Friday, July 11th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, July 11th. This represents a $0.76 dividend on an annualized basis and a yield of 9.9%. Global Net Lease's dividend payout ratio is presently -51.35%.

Insider Buying and Selling

In other Global Net Lease news, insider Nicholas S. Schorsch sold 300,000 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $7.33, for a total transaction of $2,199,000.00. Following the completion of the sale, the insider owned 19,607,384 shares of the company's stock, valued at $143,722,124.72. This represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Edward M. Jr. Weil sold 150,000 shares of the company's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $7.61, for a total value of $1,141,500.00. Following the sale, the chief executive officer directly owned 584,053 shares of the company's stock, valued at $4,444,643.33. The trade was a 20.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,653,000 shares of company stock valued at $56,914,790 in the last ninety days. Company insiders own 0.37% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. United Services Automobile Association acquired a new position in shares of Global Net Lease during the first quarter worth approximately $94,000. Jones Financial Companies Lllp acquired a new position in shares of Global Net Lease in the first quarter valued at $296,000. AQR Capital Management LLC raised its stake in shares of Global Net Lease by 95.7% in the first quarter. AQR Capital Management LLC now owns 46,800 shares of the financial services provider's stock valued at $376,000 after purchasing an additional 22,885 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Global Net Lease by 60.7% in the first quarter. Royal Bank of Canada now owns 72,424 shares of the financial services provider's stock valued at $582,000 after purchasing an additional 27,352 shares in the last quarter. Finally, Amundi raised its stake in shares of Global Net Lease by 12.3% in the first quarter. Amundi now owns 118,450 shares of the financial services provider's stock valued at $924,000 after purchasing an additional 12,947 shares in the last quarter. 61.19% of the stock is currently owned by institutional investors and hedge funds.

About Global Net Lease

Global Net Lease, Inc NYSE: GNL is a publicly traded real estate investment trust listed on the NYSE. The firm focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe.