Q3 EPS Estimates for Global Ship Lease Boosted by B. Riley

Key Points

• B. Riley has raised the Q3 2025 earnings per share (EPS) estimate for Global Ship Lease to $2.27, slightly up from the previous estimate of $2.23.
• The company recently declared an increased quarterly dividend of $0.5469, representing an annualized dividend yield of 7.2%.
• Global Ship Lease reported a strong Q2 with $2.67 EPS, surpassing estimates and a net margin of 53.09%, indicating robust profitability.

Global Ship Lease, Inc. (NYSE:GSL - Free Report) - Analysts at B. Riley raised their Q3 2025 earnings per share (EPS) estimates for shares of Global Ship Lease in a report released on Thursday, October 2nd. B. Riley analyst L. Burke now anticipates that the shipping company will post earnings per share of $2.27 for the quarter, up from their previous forecast of $2.23. The consensus estimate for Global Ship Lease's current full-year earnings is $9.74 per share.

Global Ship Lease (NYSE:GSL - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The shipping company reported $2.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.15 by $0.52. The firm had revenue of $191.86 million for the quarter, compared to analysts' expectations of $177.98 million. Global Ship Lease had a return on equity of 24.81% and a net margin of 53.09%.

A number of other research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Global Ship Lease in a research report on Saturday, September 27th. Jefferies Financial Group restated a "buy" rating and issued a $33.00 price objective on shares of Global Ship Lease in a research report on Tuesday, August 5th. Finally, Wall Street Zen raised Global Ship Lease from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Global Ship Lease presently has an average rating of "Moderate Buy" and an average price target of $30.50.

Global Ship Lease Price Performance

Shares of Global Ship Lease stock opened at $30.49 on Monday. The company has a quick ratio of 1.94, a current ratio of 2.01 and a debt-to-equity ratio of 0.37. Global Ship Lease has a 12-month low of $17.73 and a 12-month high of $33.08. The firm has a market cap of $1.08 billion, a PE ratio of 2.83 and a beta of 1.20. The company's fifty day simple moving average is $30.62 and its two-hundred day simple moving average is $26.42.

Global Ship Lease Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, September 24th were issued a $0.5469 dividend. This is an increase from Global Ship Lease's previous quarterly dividend of $0.53. This represents a $2.19 dividend on an annualized basis and a dividend yield of 7.2%. Global Ship Lease's dividend payout ratio (DPR) is presently 19.50%.

Institutional Trading of Global Ship Lease

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in Global Ship Lease in the 2nd quarter worth about $26,000. SVB Wealth LLC purchased a new position in Global Ship Lease during the 1st quarter worth $33,000. SBI Securities Co. Ltd. raised its position in Global Ship Lease by 41.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 2,430 shares of the shipping company's stock valued at $56,000 after purchasing an additional 717 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Global Ship Lease by 6,605.4% in the 2nd quarter. Allworth Financial LP now owns 2,481 shares of the shipping company's stock worth $65,000 after buying an additional 2,444 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in shares of Global Ship Lease during the 2nd quarter worth $72,000. Hedge funds and other institutional investors own 50.08% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.