NYSE:GNLGlobal Net Lease Stock Price, Forecast & News

Global Net Lease's stock was trading at $16.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GNL shares have decreased by 9.0% and is now trading at $14.79. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Net Lease in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Global Net Lease.

Global Net Lease is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Global Net Lease.

Global Net Lease Inc (NYSE:GNL) posted its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.02. The financial services provider had revenue of $79.24 million for the quarter, compared to analysts' expectations of $80.40 million. Global Net Lease had a net margin of 15.42% and a return on equity of 2.93%. View Global Net Lease's earnings history.

Global Net Lease declared a quarterly dividend on Wednesday, April 1st. Stockholders of record on Monday, April 13th will be paid a dividend of $0.40 per share on Wednesday, April 15th. This represents a $1.60 annualized dividend and a yield of 10.82%. The ex-dividend date of this dividend is Thursday, April 9th. View Global Net Lease's dividend history.

Global Net Lease shares 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 market closes on Tuesday, February 28th 2017. An investor that had 100 shares of Global Net Lease stock prior to the reverse split would have 33 shares after the split.

4 analysts have issued 1-year price objectives for Global Net Lease's stock. Their forecasts range from $18.50 to $23.00. On average, they anticipate Global Net Lease's stock price to reach $20.88 in the next twelve months. This suggests a possible upside of 41.1% from the stock's current price. View analysts' price targets for Global Net Lease.

Media headlines about GNL stock have been trending somewhat negative on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Net Lease earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutGlobal Net Lease.

Some companies that are related to Global Net Lease include Store Capital (STOR), CubeSmart (CUBE), Kimco Realty (KIM), First Industrial Realty Trust (FR), Douglas Emmett (DEI), CoreSite Realty (COR), Rexford Industrial Realty (REXR), American Campus Communities (ACC), Eastgroup Properties (EGP), Life Storage (LSI), Healthcare Realty Trust (HR), JBG SMITH Properties (JBGS), Equity Commonwealth (EQC), QTS Realty Trust (QTS) and Cousins Properties (CUZ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Net Lease investors own include AGNC Investment (AGNC), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Hercules Capital (HTGC), ANNALY CAP MGMT/SH (NLY), Omega Healthcare Investors (OHI), Orchid Island Capital (ORC), AT&T (T), Prospect Capital (PSEC) and Vereit (VER).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.39%), State Street Corp (4.64%), Invesco Ltd. (2.06%), Bank of New York Mellon Corp (1.66%), Geode Capital Management LLC (1.43%) and Nuveen Asset Management LLC (0.99%). View institutional ownership trends for Global Net Lease.

GNL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Morgan Stanley, UBS Group AG, Jane Street Group LLC, Robeco Institutional Asset Management B.V., Invesco Ltd., and Squarepoint Ops LLC. View insider buying and selling activity for Global Net Lease.

GNL stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Advisor Group Holdings Inc., Nuveen Asset Management LLC, Canada Pension Plan Investment Board, JPMorgan Chase & Co., Geode Capital Management LLC, Ziegler Capital Management LLC, and LDR Capital Management LLC. View insider buying and selling activity for Global Net Lease.

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

One share of GNL stock can currently be purchased for approximately $14.79.

Global Net Lease has a market capitalization of $1.32 billion and generates $306.21 million in revenue each year. The financial services provider earns $46.48 million in net income (profit) each year or $1.85 on an earnings per share basis. Global Net Lease employs 1 workers across the globe.

The official website for Global Net Lease is www.globalnetlease.com.

Global Net Lease's mailing address is 650 FIFTH AVE 30TH FLOOR, NEW YORK NY, 10019. The financial services provider can be reached via phone at 212-415-6500 or via email at [email protected]