Global Ship Lease Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Global Ship Lease stock.
View analyst ratings for Global Ship Lease or view top-rated stocks.

Wall Street analysts have given Global Ship Lease a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Global Ship Lease wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Global Ship Lease saw a decline in short interest in the month of February. As of February 12th, there was short interest totaling 22,400 shares, a decline of 59.0% from the January 28th total of 54,700 shares. Based on an average daily volume of 348,800 shares, the days-to-cover ratio is presently 0.1 days.
View Global Ship Lease's Short Interest.

Global Ship Lease, Inc. (NYSE:GSL) announced its quarterly earnings results on Thursday, August, 6th. The shipping company reported $0.47 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.15. The shipping company earned $71.38 million during the quarter, compared to the consensus estimate of $72.03 million. Global Ship Lease had a trailing twelve-month return on equity of 11.79% and a net margin of 13.66%.
View Global Ship Lease's earnings history.

Global Ship Lease's stock was trading at $4.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GSL stock has increased by 183.3% and is now trading at $12.69.
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Shares of Global Ship Lease reverse split on 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 market closes on Friday, March 22nd 2019. An investor that had 100 shares of Global Ship Lease stock prior to the reverse split would have 13 shares after the split.

2 analysts have issued 1 year target prices for Global Ship Lease's stock. Their forecasts range from $18.00 to $20.00. On average, they anticipate Global Ship Lease's stock price to reach $19.00 in the next year. This suggests a possible upside of 49.7% from the stock's current price.
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Some companies that are related to Global Ship Lease include Frontline (FRO), Pacific Basin Shipping (PCFBY), Star Bulk Carriers (SBLK), Costamare (CMRE), Danaos (DAC), SFL (SFL), Scorpio Tankers (STNG), Seacor (CKH), DHT (DHT), Dorian LPG (LPG), TORM (TRMD), Navigator (NVGS), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE) and Teekay (TK).
View all of GSL's competitors.

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).

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

Global Ship Lease's stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (1.48%), RBF Capital LLC (1.34%), RBF Capital LLC (1.34%), Foundry Partners LLC (0.72%), Ahrens Investment Partners LLC (0.30%) and Vanguard Capital Wealth Advisors (0.18%).

GSL stock was sold by a variety of institutional investors in the last quarter, including Clear Harbor Asset Management LLC, BlackRock Inc., RBF Capital LLC, and RBF Capital LLC.

GSL stock was purchased by a variety of institutional investors in the last quarter, including Ahrens Investment Partners LLC, Renaissance Technologies LLC, Vanguard Capital Wealth Advisors, and Foundry Partners LLC.

Shares of GSL 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.
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One share of GSL stock can currently be purchased for approximately $12.69.

Global Ship Lease has a market capitalization of $458.06 million and generates $261.10 million in revenue each year. The shipping company earns $39.84 million in net income (profit) each year or $1.51 on an earnings per share basis.

Global Ship Lease employs 7 workers across the globe.

The official website for Global Ship Lease is www.globalshiplease.com.

Global Ship Lease is headquartered at TRUST COMPANY COMPLEX AJELTAKE ROAD AJELTAKE ISLAND, MAJURO 1T, SW1V 1LW.

Global Ship Lease's mailing address is TRUST COMPANY COMPLEX AJELTAKE ROAD AJELTAKE ISLAND, MAJURO 1T, SW1V 1LW. The shipping company can be reached via phone at 44-0-20-3998-0060 or via email at [email protected]