Global Ship Lease (GSL) Projected to Post Quarterly 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 expected to be releasing its Q2 2025 earnings data before the market opens on Tuesday, August 5th. Analysts expect Global Ship Lease to post earnings of $2.15 per share and revenue of $177.98 million for the quarter.

Global Ship Lease (NYSE:GSL - Get Free Report) last released its earnings results on Monday, May 19th. The shipping company reported $2.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.38. The company had revenue of $190.98 million for the quarter, compared to analyst estimates of $171.73 million. Global Ship Lease had a net margin of 53.31% and a return on equity of 25.56%. During the same period in the prior year, the firm 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 Price Performance

NYSE:GSL opened at $29.09 on Tuesday. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 2.75 and a beta of 1.19. The company has a current ratio of 1.77, a quick ratio of 1.71 and a debt-to-equity ratio of 0.40. The company's 50-day moving average is $26.46 and its two-hundred day moving average is $23.53. Global Ship Lease has a 12-month low of $17.73 and a 12-month high of $29.23.

Global Ship Lease Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Friday, May 23rd were issued a dividend of $0.525 per share. This is a positive change from Global Ship Lease's previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a dividend yield of 7.22%. The ex-dividend date of this dividend was Friday, May 23rd. Global Ship Lease's dividend payout ratio is presently 19.83%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global Ship Lease stock. Goldman Sachs Group Inc. raised its position in Global Ship Lease, Inc. (NYSE:GSL - Free Report) by 137.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,098 shares of the shipping company's stock after acquiring 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 quarter. Institutional investors and hedge funds own 50.08% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Jefferies Financial Group increased their price objective on shares of Global Ship Lease from $28.00 to $30.00 and gave the stock a "buy" rating in a report on Monday, May 19th. Wall Street Zen lowered shares of Global Ship Lease from a "buy" rating to a "hold" rating in a report on Saturday. Finally, 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 report on Thursday, May 22nd.

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.

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