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

Key Points

• B. Riley has revised its Q3 2025 earnings per share (EPS) estimate for Global Ship Lease down from $2.25 to $2.23.
• The company recently declared a quarterly dividend of $0.525 per share, which represents an annual yield of 6.9%.
• Shares of Global Ship Lease opened at $30.36 and experienced a 4.1% increase recently, with a market capitalization of $1.08 billion.

Global Ship Lease, Inc. (NYSE:GSL - Free Report) - Equities researchers at B. Riley decreased their Q3 2025 earnings per share (EPS) estimates for Global Ship Lease in a research note issued to investors on Wednesday, August 6th. B. Riley analyst L. Burke now anticipates that the shipping company will post earnings of $2.23 per share for the quarter, down from their previous forecast of $2.25. The consensus estimate for Global Ship Lease's current full-year earnings is $9.74 per share. B. Riley also issued estimates for Global Ship Lease's FY2025 earnings at $9.93 EPS and FY2026 earnings at $9.96 EPS.

Several other equities research analysts have also recently weighed in on GSL. Jefferies Financial Group reissued a "buy" rating and set a $33.00 price objective on shares of Global Ship Lease in a research note on Tuesday. Clarkson Capital lowered Global Ship Lease from a "strong-buy" rating to a "hold" rating and set a $28.00 price target for the company. in a report on Thursday, May 22nd. Finally, Wall Street Zen lowered Global Ship Lease from a "buy" rating to a "hold" rating in a report on Saturday, July 26th.

Global Ship Lease Trading Up 4.1%

Shares of NYSE GSL opened at $30.36 on Thursday. The business's 50 day moving average is $26.90 and its two-hundred day moving average is $23.80. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.77 and a quick ratio of 1.71. Global Ship Lease has a 1-year low of $17.73 and a 1-year high of $30.98. The stock has a market capitalization of $1.08 billion, a P/E ratio of 2.82 and a beta of 1.21.

Global Ship Lease (NYSE:GSL - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The shipping company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.52. Global Ship Lease had a return on equity of 25.52% and a net margin of 53.09%. The company had revenue of $191.86 million for the quarter, compared to analysts' expectations of $177.98 million.

Global Ship Lease Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Friday, August 22nd. Global Ship Lease's dividend payout ratio (DPR) is currently 19.83%.

Institutional Investors Weigh In On Global Ship Lease

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GSL. Kingstone Capital Partners Texas LLC acquired a new stake in Global Ship Lease during the 2nd quarter worth about $68,680,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Global Ship Lease during the 1st quarter valued at about $13,304,000. Renaissance Technologies LLC grew its position in shares of Global Ship Lease by 34.9% during the 4th quarter. Renaissance Technologies LLC now owns 629,750 shares of the shipping company's stock valued at $13,747,000 after acquiring an additional 162,900 shares during the period. SG Americas Securities LLC grew its position in shares of Global Ship Lease by 182.9% during the 1st quarter. SG Americas Securities LLC now owns 180,858 shares of the shipping company's stock valued at $4,133,000 after acquiring an additional 116,917 shares during the period. Finally, Donald Smith & CO. Inc. grew its position in shares of Global Ship Lease by 2.6% during the 1st quarter. Donald Smith & CO. Inc. now owns 3,220,085 shares of the shipping company's stock valued at $73,579,000 after acquiring an additional 80,615 shares during the 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.

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.