Global Net Lease (GNL) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Net Lease in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" GNL shares.
View GNL analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12 month price objectives for Global Net Lease's shares. Their GNL share price forecasts range from $13.00 to $15.00. On average, they predict the company's share price to reach $14.00 in the next year. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for GNL or view top-rated stocks among Wall Street analysts.

Global Net Lease's stock was trading at $12.57 on January 1st, 2023. Since then, GNL stock has decreased by 18.6% and is now trading at $10.23.
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Global Net Lease saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,880,000 shares, an increase of 12.9% from the April 30th total of 2,550,000 shares. Based on an average daily trading volume, of 792,900 shares, the short-interest ratio is currently 3.6 days.
View Global Net Lease's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our GNL earnings forecast.

Global Net Lease, Inc. (NYSE:GNL) issued its quarterly earnings results on Thursday, May, 5th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by $0.38. Global Net Lease had a trailing twelve-month return on equity of 0.04% and a net margin of 0.16%. During the same period in the previous year, the company earned $0.44 earnings per share.

Global Net Lease announced a quarterly dividend on Monday, April 3rd. Shareholders of record on Thursday, April 13th will be paid a dividend of $0.40 per share on Monday, April 17th. This represents a $1.60 annualized dividend and a dividend yield of 15.64%. The ex-dividend date is Wednesday, April 12th. This is a positive change from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for GNL.

ETFs with the largest weight of Global Net Lease (NYSE:GNL) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), NETLease Corporate Real Estate ETF (NETL), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Global X SuperDividend REIT ETF (SRET), ALPS REIT Dividend Dogs ETF (RDOG), Global SuperDividend US ETF (DIV), InfraCap Equity Income Fund ETF (ICAP) and Hoya Capital High Dividend Yield ETF (RIET).

Global Net Lease (NYSE:GNL) pays an annual dividend of $1.60 per share and currently has a dividend yield of 15.94%. GNL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GNL.

Shares of Global Net Lease reverse split on Wednesday, March 1st 2017. The 1-3 reverse split was announced on Wednesday, February 8th 2017. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, February 28th 2017. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Net Lease investors own include Energy Transfer (ET), AGNC Investment (AGNC), New Residential Investment (NRZ), VEREIT (VER), AT&T (T), Hercules Capital (HTGC), Annaly Capital Management (NLY), FS KKR Capital (FSK), Prospect Capital (PSEC) and General Electric (GE).

Global Net Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNL."

Global Net Lease's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.54%), State Street Corp (6.51%), Geode Capital Management LLC (2.16%), Mirae Asset Global Investments Co. Ltd. (2.16%), LSV Asset Management (1.88%) and Charles Schwab Investment Management Inc. (1.69%). Insiders that own company stock include Carrie L Bourdow, Edward M Jr Weil and James Larry Nelson.
View institutional ownership trends.

Shares of GNL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GNL stock can currently be purchased for approximately $10.23.

Global Net Lease (NYSE:GNL) has a market capitalization of $1.06 billion and generates $378.86 million in revenue each year. The financial services provider earns $12.02 million in net income (profit) each year or ($0.20) on an earnings per share basis.

Global Net Lease's mailing address is 650 FIFTH AVE 30TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.globalnetlease.com. The financial services provider can be reached via phone at (212) 415-6500 or via email at investorrelations@globalnetlease.com.