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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
PwC Australia sidelines 9 directors as leak of tax information investigated
66,000% upside on tiny biotech? (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
PwC Australia sidelines 9 directors as leak of tax information investigated
66,000% upside on tiny biotech? (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
PwC Australia sidelines 9 directors as leak of tax information investigated
66,000% upside on tiny biotech? (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
NYSE:GSL

Global Ship Lease (GSL) Stock Forecast, Price & News

$18.04
+0.11 (+0.61%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$17.83
$18.17
50-Day Range
$17.33
$20.71
52-Week Range
$14.62
$23.79
Volume
504,400 shs
Average Volume
586,917 shs
Market Capitalization
$649.26 million
P/E Ratio
2.26
Dividend Yield
8.31%
Price Target
$25.00

Global Ship Lease MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.6% Upside
$25.00 Price Target
Short Interest
Bearish
8.92% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Global Ship Lease in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.09%
From $8.87 to $9.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.71 out of 5 stars

Transportation Sector

28th out of 122 stocks

Deep Sea Foreign Transportation Of Freight Industry

9th out of 29 stocks


GSL stock logo

About Global Ship Lease (NYSE:GSL) Stock

Global Ship Lease, Inc. is a holding company, which owns and charters out containerships under long-term and fixed rate charters to container shipping companies. It also focuses on the operation and technical management of each vessel, such as crewing, provision of lubricating oils, maintaining the vessel, periodic dry docking, and performing work required by regulations. The company was founded on May 3, 2007 and is headquartered in London, the United Kingdom.

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GSL Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
See More Headlines
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GSL Company Calendar

Ex-Dividend for 3/6 Dividend
2/21/2023
Last Earnings
3/01/2023
Dividend Payable
3/06/2023
Ex-Dividend for 6/2 Dividend
5/23/2023
Today
5/29/2023
Dividend Payable
6/02/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+38.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$292.92 million
Pretax Margin
45.65%

Debt

Sales & Book Value

Annual Sales
$645.65 million
Cash Flow
$10.02 per share
Book Value
$26.85 per share

Miscellaneous

Free Float
N/A
Market Cap
$649.26 million
Optionable
Optionable
Beta
1.66

Key Executives

  • Ian James Webber
    Chief Executive Officer
  • Anastasios Psaropoulos
    Chief Financial Officer
  • Thomas A. Lister
    Chief Commercial Officer
  • George Giannopoulos
    Head-Internal Audit
  • Maria Danezi
    Secretary













GSL Stock - Frequently Asked Questions

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

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

What is Global Ship Lease's stock price forecast for 2023?

1 Wall Street research analysts have issued 12-month price objectives for Global Ship Lease's shares. Their GSL share price forecasts range from $25.00 to $25.00. On average, they anticipate the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 38.6% from the stock's current price.
View analysts price targets for GSL
or view top-rated stocks among Wall Street analysts.

How have GSL shares performed in 2023?

Global Ship Lease's stock was trading at $16.65 on January 1st, 2023. Since then, GSL shares have increased by 8.3% and is now trading at $18.04.
View the best growth stocks for 2023 here
.

When is Global Ship Lease's next earnings date?

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

How were Global Ship Lease's earnings last quarter?

Global Ship Lease, Inc. (NYSE:GSL) announced its earnings results on Wednesday, March, 1st. The shipping company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.27. The shipping company earned $165.02 million during the quarter, compared to analysts' expectations of $152.43 million. Global Ship Lease had a trailing twelve-month return on equity of 34.03% and a net margin of 45.83%.

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

Global Ship Lease announced a quarterly dividend on Wednesday, May 10th. Investors of record on Wednesday, May 24th will be given a dividend of $0.375 per share on Friday, June 2nd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.31%. The ex-dividend date of this dividend is Tuesday, May 23rd.
Read our dividend analysis for GSL
.

What ETFs hold Global Ship Lease's stock?

ETFs with the largest weight of Global Ship Lease (NYSE:GSL) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP) and SonicShares Global Shipping ETF (BOAT).Invesco Zacks Multi-Asset Income ETF (CVY).

Is Global Ship Lease a good dividend stock?

Global Ship Lease (NYSE:GSL) pays an annual dividend of $1.50 per share and currently has a dividend yield of 8.31%. GSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSL will have a dividend payout ratio of 15.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GSL.

When did Global Ship Lease's stock split?

Shares of Global Ship Lease reverse split on the morning of Monday, March 25th 2019. The 1-8 reverse split was announced on Wednesday, March 20th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 22nd 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

What other stocks do shareholders of Global Ship Lease own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Ship Lease investors own include Actinium Pharmaceuticals (ATNM), Energy Transfer (ET), Verastem (VSTM), Capital Product Partners (CPLP), Teekay LNG Partners (TGP), Enterprise Products Partners (EPD), Mazor Robotics (MZOR), Seanergy Maritime (SHIP), DHT (DHT) and Dorian LPG (LPG).

What is Global Ship Lease's stock symbol?

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

Who are Global Ship Lease's major shareholders?

Global Ship Lease's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Punch & Associates Investment Management Inc. (5.33%), Acadian Asset Management LLC (2.50%), Healthcare of Ontario Pension Plan Trust Fund (2.10%), Balyasny Asset Management L.P. (1.02%), State Street Corp (0.80%) and Susquehanna International Group LLP (0.00%).

How do I buy shares of Global Ship Lease?

Shares of GSL 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.
Compare Top Brokerages Here.

What is Global Ship Lease's stock price today?

One share of GSL stock can currently be purchased for approximately $18.04.

How much money does Global Ship Lease make?

Global Ship Lease (NYSE:GSL) has a market capitalization of $649.26 million and generates $645.65 million in revenue each year. The shipping company earns $292.92 million in net income (profit) each year or $7.97 on an earnings per share basis.

How can I contact Global Ship Lease?

Global Ship Lease's mailing address is TRUST COMPANY COMPLEX AJELTAKE ROAD AJELTAKE ISLAND, MAJURO 1T, SW1V 1LW. The official website for the company is www.globalshiplease.com. The shipping company can be reached via phone at 442039980063, via email at info@globalshiplease.com, or via fax at 44-0-20-7869-8119.

This page (NYSE:GSL) was last updated on 5/29/2023 by MarketBeat.com Staff

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