NYSE:GSL Global Ship Lease - GSL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Global Ship Lease, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $19.42 +0.05 (+0.26%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$19.10▼$19.5450-Day Range$16.10▼$19.4252-Week Range$14.62▼$30.02Volume406,242 shsAverage Volume471,291 shsMarket Capitalization$713.30 millionP/E Ratio2.52Dividend Yield7.74%Price Target$31.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Global Ship Lease MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside62.2% Upside$31.50 Price TargetShort InterestBearish8.97% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.29Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth1.12%From $8.01 to $8.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsTransportation Sector23rd out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry8th out of 29 stocks 3.5 Analyst's Opinion Consensus RatingGlobal Ship Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.50, Global Ship Lease has a forecasted upside of 62.2% from its current price of $19.42.Amount of Analyst CoverageGlobal Ship Lease has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.97% of the float of Global Ship Lease has been sold short.Short Interest Ratio / Days to CoverGlobal Ship Lease has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Global Ship Lease has recently increased by 5.17%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipGlobal Ship Lease is a leading dividend payer. It pays a dividend yield of 7.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGlobal Ship Lease has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Global Ship Lease is 19.46%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Global Ship Lease will have a dividend payout ratio of 18.52% next year. This indicates that Global Ship Lease will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GSL. Previous Next 2.9 News and Social Media Coverage News SentimentGlobal Ship Lease has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Global Ship Lease this week, compared to 2 articles on an average week.Search Interest41 people have searched for GSL on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Global Ship Lease to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Global Ship Lease insiders have not sold or bought any company stock.Percentage Held by Institutions45.86% of the stock of Global Ship Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Global Ship Lease are expected to grow by 1.12% in the coming year, from $8.01 to $8.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global Ship Lease is 2.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Global Ship Lease is 2.52, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 31.74.Price to Book Value per Share RatioGlobal Ship Lease has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Global Ship Lease (NYSE:GSL) StockGlobal 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.Read More Receive GSL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Global Ship Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address GSL Stock News HeadlinesFebruary 2, 2023 | finance.yahoo.comGlobal Ship Lease Announces Result of Reconvened Shareholder MeetingJanuary 25, 2023 | finance.yahoo.comReturns Are Gaining Momentum At Global Ship Lease (NYSE:GSL)February 6, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 25, 2023 | seekingalpha.comGlobal Ship Lease: Riding Against The CurrentsJanuary 24, 2023 | seekingalpha.comGlobal Ship Lease: A Beacon Of Hope In Stormy SeasJanuary 22, 2023 | seekingalpha.comGlobal Ship Lease: Undervalued, Well-Covered 8% Yield, Long-Term ChartersJanuary 22, 2023 | morningstar.comGlobal Ship Lease Inc Class AJanuary 19, 2023 | reuters.comGSL.A - | Stock Price & Latest News | ReutersFebruary 6, 2023 | Investing Trends (Ad)"TAKE THAT, CHINA!" 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(GSL) Is a Trending Stock: Facts to Know Before Betting on ItNovember 28, 2022 | finance.yahoo.comHere's Why We Think Global Ship Lease (NYSE:GSL) Is Well Worth WatchingNovember 15, 2022 | seekingalpha.comGlobal Ship Lease: Trends Point To Shares Being UndervaluedNovember 11, 2022 | finance.yahoo.comGlobal Ship Lease Third Quarter 2022 Earnings: Beats ExpectationsNovember 9, 2022 | finanznachrichten.deGlobal Ship Lease Inc.: Global Ship Lease Reports Results for the Third Quarter of 2022November 9, 2022 | finance.yahoo.comGlobal Ship Lease Reports Results for the Third Quarter of 2022November 8, 2022 | finance.yahoo.comEneti (NETI) Beats Q3 Earnings and Revenue EstimatesNovember 4, 2022 | msn.comWhat's in Store for Global Ship Lease (GSL) in Q3 Earnings?November 3, 2022 | finance.yahoo.comIs Now An Opportune Moment To Examine Global Ship Lease, Inc. (NYSE:GSL)?November 1, 2022 | finance.yahoo.comGlobal Ship Lease Announces Third Quarter 2022 Earnings Release, Conference Call and WebcastOctober 28, 2022 | seekingalpha.comGlobal Ship Lease: 9% Yield, Strong Earnings, UndervaluedOctober 27, 2022 | finance.yahoo.comInvestors Heavily Search Global Ship Lease, Inc. (GSL): Here is What You Need to KnowOctober 10, 2022 | finance.yahoo.comWith 52% ownership, Global Ship Lease, Inc. (NYSE:GSL) boasts of strong institutional backingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GSL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Global Ship Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address GSL Company Calendar Last Earnings11/09/2022Ex-Dividend for 12/2 Dividend11/21/2022Dividend Payable12/02/2022Today2/06/2023Next Earnings (Estimated)3/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:GSL CUSIPN/A CIK1430725 Webwww.globalshiplease.com Phone442039980063Fax44-0-20-7869-8119Employees7Year FoundedN/APrice Target and Rating Average Stock Price Forecast$31.50 High Stock Price Forecast$38.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+62.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$7.71 Trailing P/E Ratio2.52 Forward P/E Ratio2.42 P/E GrowthN/ANet Income$171.49 million Net Margins45.72% Pretax Margin45.72% Return on Equity36.88% Return on Assets14.52% Debt Debt-to-Equity Ratio0.86 Current Ratio0.85 Quick Ratio0.80 Sales & Book Value Annual Sales$447.95 million Price / Sales1.59 Cash Flow$5.83 per share Price / Cash Flow3.33 Book Value$19.54 per share Price / Book0.99Miscellaneous Outstanding Shares36,730,000Free FloatN/AMarket Cap$713.30 million OptionableOptionable Beta1.70 Key ExecutivesIan James WebberChief Executive OfficerAnastasios PsaropoulosChief Financial OfficerThomas A. ListerChief Commercial OfficerGeorge GiannopoulosHead-Internal AuditMaria DaneziSecretaryKey CompetitorsGenco Shipping & TradingNYSE:GNKEagle Bulk ShippingNASDAQ:EGLEArdmore ShippingNYSE:ASCNavios Maritime PartnersNYSE:NMMDorian LPGNYSE:LPGView All CompetitorsInsiders & InstitutionsSimplex Trading LLCBought 36,400 shares on 2/2/2023Ownership: 0.000%SG Americas Securities LLCBought 17,421 shares on 2/2/2023Ownership: 0.047%Foundry Partners LLCBought 47,973 shares on 1/30/2023Ownership: 0.770%New York State Common Retirement FundBought 16,010 shares on 1/30/2023Ownership: 0.044%Exchange Traded Concepts LLCBought 22,882 shares on 1/27/2023Ownership: 0.062%View All Institutional Transactions GSL Stock - Frequently Asked Questions Should I buy or sell Global Ship Lease stock right now? 1 Wall Street equities research 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 equities research 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 targets for Global Ship Lease's shares. Their GSL share price forecasts range from $25.00 to $38.00. On average, they predict the company's share price to reach $31.50 in the next year. This suggests a possible upside of 62.2% 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 at the beginning of the year. Since then, GSL stock has increased by 16.6% and is now trading at $19.42. View the best growth stocks for 2023 here. Are investors shorting Global Ship Lease? Global Ship Lease saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,900,000 shares, an increase of 15.5% from the December 15th total of 2,510,000 shares. Based on an average daily volume of 509,200 shares, the days-to-cover ratio is presently 5.7 days. Approximately 8.5% of the shares of the stock are sold short. View Global Ship Lease's Short Interest. When is Global Ship Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023. View our GSL earnings forecast. How were Global Ship Lease's earnings last quarter? Global Ship Lease, Inc. (NYSE:GSL) posted its earnings results on Wednesday, November, 9th. The shipping company reported $2.38 EPS for the quarter, beating the consensus estimate of $1.78 by $0.60. The shipping company earned $172.54 million during the quarter, compared to analyst estimates of $147.43 million. Global Ship Lease had a trailing twelve-month return on equity of 36.88% and a net margin of 45.72%. 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, November 9th. Investors of record on Tuesday, November 22nd will be given a dividend of $0.375 per share on Friday, December 2nd. This represents a $1.50 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Monday, November 21st. Read our dividend analysis for GSL. 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 7.74%. 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 19.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSL will have a dividend payout ratio of 18.52% 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? Global Ship Lease's stock 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 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 number of institutional and retail investors. Top institutional shareholders include Foundry Partners LLC (0.77%), Hall Private Wealth Advisors (0.43%), Simplex Trading LLC (0.00%), Exchange Traded Concepts LLC (0.06%), Exchange Traded Concepts LLC (0.06%) and SG Americas Securities LLC (0.05%). 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 $19.42. How much money does Global Ship Lease make? Global Ship Lease (NYSE:GSL) has a market capitalization of $713.30 million and generates $447.95 million in revenue each year. The shipping company earns $171.49 million in net income (profit) each year or $7.71 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 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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