Global Net Lease, Inc. is a real estate investment trust. The Company's business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. It owns and invests in commercial properties principally in the United States, the United Kingdom and continental Europe that are then leased to companies. It was formed to primarily acquire a portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net-leased commercial properties. As of December 31, 2016, it owned 310 properties consisting of 22 million rentable square feet. As of December 31, 2016, its owned 310 properties, including 241 properties located in the United States and Puerto Rico, 43 properties located in the United Kingdom and 26 properties located across continental Europe. It may also originate or acquire first mortgage loans secured by real estate. Its business is conducted through Global Net Lease Operating Partnership, L.P.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial REITs
- Sub-Industry: N/A
- Symbol: NYSE:GNL
- CUSIP: N/A
- Web: www.globalnetlease.com
Capitalization:- Market Cap: $1.44129 billion
- Outstanding Shares: 67,241,000
Average Prices:- 50 Day Moving Avg: $21.53
- 200 Day Moving Avg: $21.53
- 52 Week Range: $20.76 - $25.25
P/E:- Trailing P/E Ratio: 36.00
- Foreward P/E Ratio: 9.78
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $233.85 million
- Price / Sales: 6.16
- Book Value: $19.70 per share
- Price / Book: 1.09
Dividend:- Annual Dividend: $2.13
- Dividend Yield: 9.9%
Profitability:- EBIDTA: $180.89 million
- Net Margins: 16.04%
- Return on Equity: 2.91%
- Return on Assets: 1.35%
Debt:- Debt-to-Equity Ratio: 0.54%
- Current Ratio: 0.09%
- Quick Ratio: 0.09%
Misc:- Average Volume: 402,271 shs.
- Beta: 0.69
- Short Ratio: 5.08
Frequently Asked Questions for Global Net Lease (NYSE:GNL)
What is Global Net Lease's stock symbol?
Global Net Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNL."
How often does Global Net Lease pay dividends? What is the dividend yield for Global Net Lease?
Global Net Lease declared a monthly dividend on Friday, June 23rd. Stockholders of record on Friday, July 7th will be given a dividend of $0.1775 per share on Friday, July 14th. This represents a $2.13 annualized dividend and a dividend yield of 9.94%. The ex-dividend date of this dividend is Wednesday, July 5th. View Global Net Lease's Dividend History.
When did Global Net Lease's stock split? How did Global Net Lease's stock split work?
Global Net Lease shares reverse split before market open 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 Global Net Lease stock prior to the reverse split would have 33 shares after the split.
How were Global Net Lease's earnings last quarter?
Global Net Lease, Inc. (NYSE:GNL) announced its quarterly earnings results on Monday, August, 8th. The company reported $0.09 earnings per share for the quarter. The company had revenue of $53.20 million for the quarter, compared to the consensus estimate of $49.10 million. Global Net Lease had a net margin of 16.04% and a return on equity of 2.91%. View Global Net Lease's Earnings History.
When will Global Net Lease make its next earnings announcement?
Where is Global Net Lease's stock going? Where will Global Net Lease's stock price be in 2017?
1 analysts have issued 12 month target prices for Global Net Lease's stock. Their forecasts range from $24.45 to $24.45. On average, they anticipate Global Net Lease's stock price to reach $24.45 in the next twelve months. View Analyst Ratings for Global Net Lease.
Who are some of Global Net Lease's key competitors?
Some companies that are related to Global Net Lease include Shaftesbury plc (SHB), Columbia Property Trust (CXP), Washington Real Estate Investment Trust (WRE), Lexington Realty Trust (LXP), Select Income REIT (SIR), Great Portland Estates Plc (GPOR), Seritage Growth Properties (SRG), Workspace Group plc (WKP), CBL & Associates Properties (CBL), New York REIT (NYRT), Hannon Armstrong Sustainable Infrastructure Capital (HASI), Monmouth Real Estate Investment Corporation (MNR), Londonmetric Property PLC (LMP), Urstadt Biddle Properties (UBA), Newriver Reit PLC (NRR), Easterly Government Properties (DEA), Redefine International PLC (RDI) and First Potomac Realty Trust (FPO).
Who are Global Net Lease's key executives?
Global Net Lease's management team includes the folowing people:
- James L. Nelson, President, Chief Executive Officer, Director
- Nicholas Radesca CPA, Chief Financial Officer, Treasurer, Secretary
- Portia Sue Perrotty, Independent Non-Executive Chairman of the Board
- Edward G. Rendell, Independent Director
- Edward M. Weil Jr., Director
- Abby M. Wenzel, Independent Director
- Lee M. Elman, Independent Director
Who owns Global Net Lease stock?
Global Net Lease's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.55%), BlackRock Inc. (7.96%), State Street Corp (2.28%), Northern Trust Corp (1.68%), Bank of New York Mellon Corp (0.94%) and Dimensional Fund Advisors LP (0.93%). View Institutional Ownership Trends for Global Net Lease.
Who sold Global Net Lease stock? Who is selling Global Net Lease stock?
Global Net Lease's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., HighTower Advisors LLC, Sigma Planning Corp, JPMorgan Chase & Co., California State Teachers Retirement System, First Allied Advisory Services Inc., Raymond James Financial Services Advisors Inc. and Virtu KCG Holdings LLC. View Insider Buying and Selling for Global Net Lease.
Who bought Global Net Lease stock? Who is buying Global Net Lease stock?
Global Net Lease's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Balyasny Asset Management LLC, Citadel Advisors LLC, BlackRock Inc., Dimensional Fund Advisors LP, Schwab Charles Investment Management Inc., State Street Corp and Arete Wealth Advisors LLC. View Insider Buying and Selling for Global Net Lease.
How do I buy Global Net Lease stock?
Shares of Global Net Lease can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Global Net Lease's stock price today?
One share of Global Net Lease stock can currently be purchased for approximately $21.42.
MarketBeat Community Rating for Global Net Lease (NYSE GNL)MarketBeat's community ratings are surveys of what our community members think about Global Net Lease and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Global Net Lease (NYSE:GNL) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $24.45 (14.15% upside) |
Analysts' Ratings History for Global Net Lease (NYSE:GNL)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/23/2017 | FBR & Co | Reiterated Rating | Hold | | Low |  |
(Data available from 9/24/2015 forward)
Earnings History for Global Net Lease (NYSE:GNL)Earnings History by Quarter for Global Net Lease (NYSE GNL)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/7/2017 | | | | | | | N/A | |
| 8/8/2016 | Q216 | | $0.09 | $49.10 million | $53.20 million | View | N/A | |
| 11/6/2015 | Q315 | | $0.03 | $49.07 million | $50.25 million | View | N/A | |
| 8/10/2015 | Q2 | | ($0.25) | | $49.07 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Global Net Lease (NYSE:GNL)2017 EPS Consensus Estimate: $1.90
2018 EPS Consensus Estimate: $2.26
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.20 | $0.20 | $0.20 |
| Q2 2017 | 1 | $0.56 | $0.56 | $0.56 |
| Q3 2017 | 1 | $0.58 | $0.58 | $0.58 |
| Q4 2017 | 1 | $0.56 | $0.56 | $0.56 |
| Q1 2018 | 1 | $0.56 | $0.56 | $0.56 |
| Q2 2018 | 1 | $0.56 | $0.56 | $0.56 |
| Q3 2018 | 1 | $0.58 | $0.58 | $0.58 |
| Q4 2018 | 1 | $0.56 | $0.56 | $0.56 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Global Net Lease (NYSE:GNL)| Most Recent Dividend: | 7/14/2017 |
| Annual Dividend: | $2.13 |
| Dividend Yield: | 9.94% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 349.16% (Trailing 12 Months of Earnings)
100.95% (Based on This Year's Estimates)
97.26% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Global Net Lease (NYSE GNL)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/23/2017 | monthly | $0.18 | 9.58% | 7/5/2017 | 7/7/2017 | 7/14/2017 |
| 6/23/2017 | monthly | $0.18 | 9.58% | 9/7/2017 | 9/8/2017 | 9/15/2017 |
| 6/23/2017 | monthly | $0.18 | 9.58% | 8/4/2017 | 8/8/2017 | 8/15/2017 |
| 3/28/2017 | monthly | $0.18 | 8.96% | 4/5/2017 | 4/7/2017 | 4/13/2017 |
| 3/28/2017 | monthly | $0.18 | 8.96% | 6/6/2017 | 6/8/2017 | 6/15/2017 |
| 3/28/2017 | monthly | $0.18 | 8.96% | 5/4/2017 | 5/8/2017 | 5/15/2017 |
| 12/30/2016 | monthly | $0.06 | 9.07% | 2/6/2017 | 2/8/2017 | 2/15/2017 |
| 12/30/2016 | monthly | $0.06 | 9.07% | 1/4/2017 | 1/8/2017 | 1/13/2017 |
| 12/30/2016 | monthly | $0.06 | 9.07% | 3/6/2017 | 3/8/2017 | 3/15/2017 |
| 12/29/2016 | | $0.06 | | 1/4/2017 | 1/8/2017 | 1/15/2017 |
| 9/28/2016 | monthly | $0.06 | 8.52% | 12/6/2016 | 12/8/2016 | 12/15/2016 |
| 9/28/2016 | monthly | $0.06 | 8.52% | 11/4/2016 | 11/8/2016 | 11/15/2016 |
| 9/27/2016 | monthly | $0.06 | 8.52% | 10/5/2016 | 10/7/2016 | 10/14/2016 |
| 6/28/2016 | monthly | $0.06 | 9.44% | 8/4/2016 | 8/8/2016 | 8/15/2016 |
| 6/28/2016 | monthly | $0.06 | 9.44% | 7/6/2016 | 7/8/2016 | 7/15/2016 |
| 6/28/2016 | monthly | $0.06 | 9.44% | 9/6/2016 | 9/8/2016 | 9/15/2016 |
| 3/30/2016 | monthly | $0.06 | 8.4% | 6/6/2016 | 6/8/2016 | 6/15/2016 |
| 3/30/2016 | monthly | $0.06 | 8.4% | 4/6/2016 | 4/8/2016 | 4/15/2016 |
| 3/30/2016 | monthly | $0.06 | 8.4% | 5/4/2016 | 5/6/2016 | 5/13/2016 |
| 12/29/2015 | monthly | $0.06 | 9.02% | 3/4/2016 | 3/8/2016 | 3/15/2016 |
| 12/29/2015 | monthly | $0.06 | 9.02% | 2/4/2016 | 2/8/2016 | 2/15/2016 |
| 12/29/2015 | monthly | $0.06 | 9.02% | 1/6/2016 | 1/8/2016 | 1/15/2016 |
| 9/28/2015 | monthly | $0.06 | 8% | 11/4/2015 | 11/6/2015 | 11/13/2015 |
| 9/28/2015 | monthly | $0.06 | 8% | 10/6/2015 | 10/8/2015 | 10/15/2015 |
| 9/28/2015 | monthly | $0.06 | 8% | 12/4/2015 | 12/8/2015 | 12/15/2015 |
| 6/25/2015 | | $0.18 | | 9/3/2015 | 9/8/2015 | 9/15/2015 |
| 6/25/2015 | | $0.18 | | 8/5/2015 | 8/7/2015 | 8/14/2015 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Global Net Lease (NYSE:GNL)Insider Ownership Percentage: 0.19%
Institutional Ownership Percentage: 42.50%
Insider Trades by Quarter for Global Net Lease (NYSE:GNL)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/12/2015 | Scott J Bowman | CEO | Buy | 10,000 | $7.99 | $79,900.00 | |
| 7/16/2015 | Scott J Bowman | CEO | Buy | 10,000 | $8.56 | $85,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Global Net Lease (NYSE:GNL)
Latest Headlines for Global Net Lease (NYSE:GNL)
| Source: |
|
| Date | Headline |
|---|
 | Global Net Lease, Inc. breached its 50 day moving average in a Bullish Manner : GNL-US : September 19, 2017
finance.yahoo.com - September 19 at 7:07 PM |
 | Global Net Lease, Inc. Announces Successful Completion of its $100 Million Series A Cumulative Redeemable ... - PR Newswire (press release)
www.prnewswire.com - September 12 at 7:58 PM |
| Global Net Lease, Inc. Announces Successful Completion of its $100 Million Series A Cumulative Redeemable Preferred Stock Offering
finance.yahoo.com - September 12 at 7:58 PM |
 | 7.3% Yield From This Net Lease REIT
seekingalpha.com - September 7 at 7:20 PM |
| Global Net Lease Prices Public Offering of 4,000,000 Shares of 7.25% Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - September 7 at 7:20 PM |
 | BRIEF-Global Net Lease to offer Series A Cumulative Redeemable Preferred Stock
www.reuters.com - September 6 at 7:04 PM |
| Global Net Lease Announces Offering of Series A Cumulative Redeemable Preferred Stock
finance.yahoo.com - September 6 at 7:04 PM |
 | Financial Review: Global Net Lease (GNL) & Monmouth Real Estate Investment Corporation (MNR)
www.americanbankingnews.com - September 4 at 8:20 PM |
| Armada Hoffler Properties (AHH) vs. Global Net Lease (GNL) Head-To-Head Survey
www.americanbankingnews.com - September 2 at 6:08 AM |
| Build Your Own Global REIT Portfolio
seekingalpha.com - August 25 at 6:20 AM |
| Global Net Lease, Inc. : GNL-US: Dividend Analysis : August 08th, 2017 (record date) : By the numbers : August 21, 2017
finance.yahoo.com - August 23 at 12:45 AM |
| Global Net Lease, Inc. (GNL) Lifted to "Sell" at BidaskClub
www.americanbankingnews.com - August 22 at 8:08 PM |
| Buy This REIT For The 10% Yield
seekingalpha.com - August 15 at 7:46 PM |
| See what the IHS Markit Score report has to say about Global Net Lease Inc.
finance.yahoo.com - August 12 at 6:16 PM |
| Global Net Lease (GNL) on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 8 at 4:56 AM |
| Global Net Lease reports 2Q results
finance.yahoo.com - August 7 at 11:54 PM |
| Investor Network: Global Net Lease Inc to Host Earnings Call
finance.yahoo.com - August 7 at 6:51 PM |
| Global Net Lease Announces Operating Results For Second Quarter 2017
finance.yahoo.com - August 7 at 6:51 PM |
| 5 Widely Held REITs You Should Dump Today!
finance.yahoo.com - August 6 at 5:50 PM |
 | Global Net Lease, Inc. (GNL) Ex-Dividend Date Scheduled for August 04, 2017 - Nasdaq
www.nasdaq.com - August 3 at 4:12 PM |
| Macerich (MAC) Q2 FFO & Revenues Beat Estimates, View Intact
finance.yahoo.com - August 3 at 4:12 PM |
| Ex-Dividend Reminder: Idacorp, Global Net Lease and Welltower - Nasdaq
www.nasdaq.com - August 2 at 3:56 PM |
| Global Net Lease, Inc. Announces New Unsecured Revolving Credit Facility and Five Year Term Loan - PR Newswire (press release)
www.prnewswire.com - July 28 at 12:45 AM |
| Global Net Lease Announces Release Date For Second Quarter 2017 Results - PR Newswire (press release)
www.prnewswire.com - July 25 at 7:24 PM |
| Global Net Lease, Inc. Announces New Unsecured Revolving Credit Facility and Five Year Term Loan
finance.yahoo.com - July 25 at 7:24 PM |
| Global Net Lease Announces Release Date For Second Quarter 2017 Results
finance.yahoo.com - July 25 at 7:24 PM |
| Global Net Lease, Inc. breached its 50 day moving average in a Bullish Manner : GNL-US : July 20, 2017
finance.yahoo.com - July 20 at 4:57 PM |
| Global Net Lease, Inc. Appoints Independent Director James L. Nelson as Chief Executive Officer - PR Newswire (press release)
www.prnewswire.com - July 12 at 7:53 PM |
| ETFs with exposure to Global Net Lease, Inc. : July 12, 2017
finance.yahoo.com - July 12 at 7:53 PM |
| Global Net Lease, Inc. Appoints Independent Director James L. Nelson as Chief Executive Officer
finance.yahoo.com - July 12 at 7:53 PM |
| Zacks Investment Research Upgrades Global Net Lease, Inc. (GNL) to "Hold"
www.americanbankingnews.com - July 11 at 12:52 AM |
| Global Net Lease, Inc. (GNL) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 7 at 12:04 AM |
| Global Net Lease, Inc. breached its 50 day moving average in a Bearish Manner : GNL-US : July 6, 2017
finance.yahoo.com - July 6 at 9:01 PM |
| Global Net Lease, Inc. (GNL) Ex-Dividend Date Scheduled for July ... - Nasdaq
www.nasdaq.com - July 3 at 11:48 PM |
| Global Net Lease, Inc. Announces Common Stock Dividend for Third Quarter 2017 - PR Newswire (press release)
www.prnewswire.com - June 25 at 6:09 PM |
| Global Net Lease, Inc. (GNL) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - June 24 at 6:44 PM |
 | Global Net Lease (GNL) Declares $0.1775 Monthly Dividend; 9.6% Yield
www.streetinsider.com - June 24 at 5:50 PM |
| Global Net Lease, Inc. to Issue Monthly Dividend of $0.18 (GNL)
www.americanbankingnews.com - June 23 at 8:28 PM |
| Global Net Lease, Inc. (GNL) Declares Monthly Dividend of $0.18
www.americanbankingnews.com - June 23 at 8:28 PM |
| Global Net Lease, Inc. Announces Monthly Dividend of $0.18 (GNL)
www.americanbankingnews.com - June 23 at 7:58 PM |
| Is Global Net Lease A Value Trap? - Seeking Alpha
seekingalpha.com - June 21 at 7:11 PM |
| Market Dynamics: Supply Chokes - Seeking Alpha
seekingalpha.com - June 20 at 6:18 PM |
| Global Net Lease: Over 9% Yield and Monthly Dividends, but 104% Payout Ratio
finance.yahoo.com - June 19 at 4:23 PM |
| Global Net Lease Announces British Pound and Euro Hedge Placement in Advance of 2017 UK Elections - PR Newswire (press release)
www.prnewswire.com - June 14 at 11:56 AM |
| Global Net Lease, Inc. (GNL) Upgraded by BidaskClub to Hold
www.americanbankingnews.com - June 14 at 1:00 AM |
| Global Net Lease Announces British Pound and Euro Hedge Placement in Advance of 2017 U.K. Elections
finance.yahoo.com - June 13 at 11:14 AM |
| Technical Insights on REIT Stocks -- Global Net Lease, Gramercy Property Trust, New Senior Investment, and Vornado ... - PR Newswire (press release)
www.prnewswire.com - June 12 at 6:17 PM |
| Global Net Lease, Inc. : GNL-US: Dividend Analysis : June 07th, 2017 (record date) : By the numbers : June 7, 2017
finance.yahoo.com - June 7 at 10:48 AM |
| I Have Come Here To Praise GNL, Not To Bury It
seekingalpha.com - June 5 at 5:37 PM |
| Global Net Lease, Inc. to Present at NAREIT's REITWeek 2017 - PR Newswire (press release)
www.prnewswire.com - June 2 at 11:54 PM |
Global Net Lease (GNL) Chart for Sunday, September, 24, 2017
