Global Net Lease Stock Forecast, Price & 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 6.4% and is now trading at $15.22.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Net Lease in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Global Net Lease is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for Global Net Lease.

Global Net Lease Inc (NYSE:GNL) posted its earnings results on Wednesday, August, 5th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.01. Global Net Lease had a return on equity of 2.30% and a net margin of 12.06%.
View Global Net Lease's earnings history.

Global Net Lease announced a quarterly dividend on Wednesday, July 1st. Investors of record on Monday, July 13th will be given a dividend of $0.40 per share on Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 10.51%. The ex-dividend date of this dividend is Friday, July 10th.
View Global Net Lease's dividend history.

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 Global Net Lease stock prior to the reverse split would have 33 shares after the split.

6 brokerages have issued 1 year target prices for Global Net Lease's stock. Their forecasts range from $18.50 to $23.00. On average, they expect Global Net Lease's share price to reach $21.10 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price.
View analysts' price targets for Global Net Lease.

Global Net Lease saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,300,000 shares, an increase of 19.3% from the August 15th total of 1,090,000 shares. Based on an average trading volume of 467,000 shares, the short-interest ratio is presently 2.8 days.
View Global Net Lease's Short Interest.

Some companies that are related to Global Net Lease include Rexford Industrial Realty (REXR), First Industrial Realty Trust (FR), CoreSite Realty (COR), Eastgroup Properties (EGP), Apartment Investment and Management (AIV), Life Storage (LSI), Kimco Realty (KIM), American Campus Communities (ACC), Stag Industrial (STAG), Starwood Property Trust (STWD), Douglas Emmett (DEI), Cousins Properties (CUZ), Healthcare Realty Trust (HR), Klepierre (KLPEF) and QTS Realty Trust (QTS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Global Net Lease investors own include Energy Transfer LP Unit (ET), AGNC Investment (AGNC), New Residential Investment (NRZ), Vereit (VER), AT&T (T), Hercules Capital (HTGC), ANNALY CAP MGMT/SH (NLY), FS KKR Capital (FSK), Prospect Capital (PSEC) and Ares Capital (ARCC).

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 Vanguard Group Inc. (15.80%), Bank of New York Mellon Corp (1.76%), Charles Schwab Investment Management Inc. (1.33%), LSV Asset Management (1.13%), Nuveen Asset Management LLC (1.09%) and LDR Capital Management LLC (0.44%).
View institutional ownership trends for Global Net Lease.

GNL stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Goldman Sachs Group Inc., Vanguard Group Inc., UBS Group AG, First Trust Advisors LP, LSV Asset Management, Skandinaviska Enskilda Banken AB publ, and Belpointe Asset Management LLC.
View insider buying and selling activity for Global Net Lease.

GNL stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Nuveen Asset Management LLC, Public Employees Retirement System of Ohio, Bank of New York Mellon Corp, Barclays PLC, AE Wealth Management LLC, Tri Star Advisors Inc., and Great West Life Assurance Co. Can.
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 $15.22.

Global Net Lease has a market capitalization of $1.36 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]