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NYSE:GNL

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

$7.83
+0.03 (+0.38%)
(As of 05/21/2024 ET)
Today's Range
$7.73
$7.85
50-Day Range
$6.56
$7.83
52-Week Range
$6.52
$11.58
Volume
1.04 million shs
Average Volume
1.56 million shs
Market Capitalization
$1.80 billion
P/E Ratio
N/A
Dividend Yield
14.05%
Price Target
$11.00

Global Net Lease MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
40.5% Upside
$11.00 Price Target
Short Interest
Healthy
4.72% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.46
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
4.65%
From $1.29 to $1.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.34 out of 5 stars

Finance Sector

182nd out of 810 stocks

Real Estate Investment Trusts Industry

33rd out of 173 stocks

GNL stock logo

About Global Net Lease Stock (NYSE:GNL)

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe.

GNL Stock Price History

GNL Stock News Headlines

Q1 2024 Global Net Lease Inc Earnings Call
7 REITs to Sell in May Before They Crash and Burn
JMP Securities Sticks to Their Hold Rating for Global Net Lease (GNL)
Ex-Div Reminder for Global Net Lease (GNL)
7 REITs to Sell in March Before They Crash & Burn
See More Headlines
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Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 4/16 Dividend
4/10/2024
Dividend Payable
4/16/2024
Today
5/21/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
1
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+40.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-211,910,000.00
Pretax Margin
-35.20%

Debt

Sales & Book Value

Annual Sales
$515.07 million
Cash Flow
$0.19 per share
Book Value
$11.46 per share

Miscellaneous

Free Float
229,670,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
1.34

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GNL Stock Analysis - Frequently Asked Questions

Should I buy or sell Global Net Lease stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Global Net Lease in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GNL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GNL, but not buy additional shares or sell existing shares.
View GNL analyst ratings
or view top-rated stocks.

What is Global Net Lease's stock price target for 2024?

4 analysts have issued twelve-month target prices for Global Net Lease's shares. Their GNL share price targets range from $7.00 to $15.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for GNL
or view top-rated stocks among Wall Street analysts.

How have GNL shares performed in 2024?

Global Net Lease's stock was trading at $9.95 on January 1st, 2024. Since then, GNL shares have decreased by 21.3% and is now trading at $7.83.
View the best growth stocks for 2024 here
.

Are investors shorting Global Net Lease?

Global Net Lease saw a decrease in short interest in April. As of April 30th, there was short interest totaling 10,870,000 shares, a decrease of 12.6% from the April 15th total of 12,440,000 shares. Based on an average daily volume of 1,660,000 shares, the days-to-cover ratio is currently 6.5 days.
View Global Net Lease's Short Interest
.

When is Global Net Lease's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our GNL earnings forecast
.

How were Global Net Lease's earnings last quarter?

Global Net Lease, Inc. (NYSE:GNL) posted its quarterly earnings data 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 negative trailing twelve-month return on equity of 10.08% and a negative net margin of 37.46%. During the same period last year, the business earned $0.44 EPS.

How often does Global Net Lease pay dividends? What is the dividend yield for Global Net Lease?

Global Net Lease announced a quarterly dividend on Monday, April 1st. Shareholders of record on Thursday, April 11th will be given a dividend of $0.275 per share on Tuesday, April 16th. This represents a $1.10 annualized dividend and a dividend yield of 14.05%. The ex-dividend date of this dividend is Wednesday, April 10th. This is a positive change from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for GNL
.

Is Global Net Lease a good dividend stock?

Global Net Lease (NYSE:GNL) pays an annual dividend of $1.10 per share and currently has a dividend yield of 14.16%. 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.

When did Global Net Lease's stock split?

Shares of Global Net Lease reverse split on the morning of 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 closing bell 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.

What guidance has Global Net Lease issued on next quarter's earnings?

Global Net Lease updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 1.300-1.400 for the period, compared to the consensus earnings per share estimate of 1.090. The company issued revenue guidance of -.

What other stocks do shareholders of Global Net Lease own?

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).

Who are Global Net Lease's major shareholders?

Global Net Lease's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.62%), Mirae Asset Global Investments Co. Ltd. (0.97%), LSV Asset Management (0.52%), Sound Income Strategies LLC (0.44%), Principal Financial Group Inc. (0.44%) and Advisors Asset Management Inc. (0.30%). Insiders that own company stock include Carrie L Bourdow, Edward M Jr Weil, James Larry Nelson and Nicholas S Schorsch.
View institutional ownership trends
.

How do I buy shares of Global Net Lease?

Shares of GNL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Global Net Lease have any subsidiaries?
The following companies are subsidiares of Global Net Lease: Amphenol Borisch Technologies  Inc..
Read More
This page (NYSE:GNL) was last updated on 5/21/2024 by MarketBeat.com Staff

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