Global Ship Lease (GSL) Projected to Post Earnings on Tuesday

Key Points

• Global Ship Lease is projected to release its Q2 2025 earnings on August 5th, with analysts expecting earnings of $2.15 per share and revenue of $177.98 million.
• The company recently increased its quarterly dividend to $0.525 per share, up from $0.45, representing a 7.22% yield based on an annualized rate of $2.10.
• Institutional interest in Global Ship Lease has grown, with Goldman Sachs raising its position by 137.0% in Q1, indicating confidence in the company's prospects.

Global Ship Lease (NYSE:GSL - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $2.15 per share and revenue of $177.98 million for the quarter.

Global Ship Lease (NYSE:GSL - Get Free Report) last posted its quarterly earnings results 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. Global Ship Lease had a return on equity of 25.56% and a net margin of 53.31%. The business had revenue of $190.98 million for the quarter, compared to the consensus estimate of $171.73 million. During the same quarter in the previous year, the business earned $2.53 EPS. On average, analysts expect Global Ship Lease to post $10 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Global Ship Lease Stock Performance

Shares of GSL traded down $0.30 during mid-day trading on Friday, reaching $28.22. The company had a trading volume of 169,088 shares, compared to its average volume of 377,682. Global Ship Lease has a 52-week low of $17.73 and a 52-week high of $29.23. The company has a quick ratio of 1.71, a current ratio of 1.77 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $1.00 billion, a P/E ratio of 2.66 and a beta of 1.19. The stock has a 50 day moving average of $26.66 and a two-hundred day moving average of $23.65.

Global Ship Lease Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Friday, May 23rd were paid a $0.525 dividend. The ex-dividend date was Friday, May 23rd. This is a positive change from Global Ship Lease's previous quarterly dividend of $0.45. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.4%. Global Ship Lease's dividend payout ratio (DPR) is currently 19.83%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GSL. Clarkson Capital downgraded Global Ship Lease from a "strong-buy" rating to a "hold" rating and set a $28.00 target price on the stock. in a research note on Thursday, May 22nd. Wall Street Zen downgraded Global Ship Lease from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Jefferies Financial Group upped their price target on Global Ship Lease from $28.00 to $30.00 and gave the stock a "buy" rating in a report on Monday, May 19th.

Hedge Funds Weigh In On Global Ship Lease

A hedge fund recently raised its stake in Global Ship Lease stock. Goldman Sachs Group Inc. increased its holdings in Global Ship Lease, Inc. (NYSE:GSL - Free Report) by 137.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,098 shares of the shipping company's stock after purchasing an additional 24,333 shares during the quarter. Goldman Sachs Group Inc. owned 0.12% of Global Ship Lease worth $962,000 at the end of the most recent reporting period. 50.08% of the stock is owned by institutional investors and hedge funds.

About Global Ship Lease

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.