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) Add Compare Share Share Today's Range$17.83▼$18.1750-Day Range$17.33▼$20.7152-Week Range$14.62▼$23.79Volume504,400 shsAverage Volume586,917 shsMarket Capitalization$649.26 millionP/E Ratio2.26Dividend Yield8.31%Price Target$25.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Global Ship Lease MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside38.6% Upside$25.00 Price TargetShort InterestBearish8.92% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth6.09%From $8.87 to $9.41 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.2.71 out of 5 starsTransportation Sector28th out of 122 stocksDeep Sea Foreign Transportation Of Freight Industry9th 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 $25.00, Global Ship Lease has a forecasted upside of 38.6% from its current price of $18.04.Amount of Analyst CoverageGlobal Ship Lease has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.92% 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 4.5.Change versus previous monthShort interest in Global Ship Lease has recently decreased by 1.34%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipGlobal Ship Lease is a leading dividend payer. It pays a dividend yield of 8.31%, 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 18.82%. 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 15.94% 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 2.7 News and Social Media Coverage News SentimentGlobal Ship Lease has a news sentiment score of 0.88. 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 0.50 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Global Ship Lease this week, compared to 2 articles on an average week.Search InterestOnly 33 people have searched for GSL on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Global Ship Lease to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% 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 6.09% in the coming year, from $8.87 to $9.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global Ship Lease is 2.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Global Ship Lease is 2.26, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 24.05.Price to Book Value per Share RatioGlobal Ship Lease has a P/B Ratio of 0.67. 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 HeadlinesMay 24, 2023 | finance.yahoo.comLive Webinar: Wednesday, May 31, 2023, at 10 a.m. EST Danaos Corporation, Euroseas Ltd., Global Ship Lease and MPC Container Ships To Discuss the Container Sector Current Trends & OutlookMay 21, 2023 | americanbankingnews.comGlobal Ship Lease, Inc. (NYSE:GSL) Plans $0.38 Quarterly DividendMay 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS 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!May 18, 2023 | msn.comMonday Is Your Last Chance To Buy Global Ship Lease Before The Dividend PayoutMay 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Global Ship Lease (NYSE:GSL)May 17, 2023 | finance.yahoo.comZacks Industry Outlook Highlights FLEX LNG, Global Ship Lease and Ardmore ShippingMay 16, 2023 | finance.yahoo.com3 Shipping Stocks to Bet On From a Prospering IndustryMay 16, 2023 | americanbankingnews.comB. Riley Analysts Cut Earnings Estimates for Global Ship Lease, Inc. (NYSE:GSL)May 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS 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!May 14, 2023 | americanbankingnews.comGlobal Ship Lease, Inc. (NYSE:GSL) Forecasted to Earn FY2023 Earnings of $8.81 Per ShareMay 13, 2023 | finance.yahoo.comGlobal Ship Lease (NYSE:GSL) Is Paying Out A Dividend Of $0.375May 12, 2023 | msn.comJefferies Reiterates Global Ship Lease Inc - (GSL) Buy RecommendationMay 12, 2023 | msn.comGlobal Ship Lease Inc - (GSL) Declares $0.38 DividendMay 11, 2023 | msn.comGlobal Ship Lease: 8.1% Yield, Notable Buybacks, Discounted Valuation, Still BullishMay 11, 2023 | markets.businessinsider.comDeutsche Bank Sticks to Their Buy Rating for Global Ship Lease (GSL)May 10, 2023 | finanznachrichten.deGlobal Ship Lease Inc.: Global Ship Lease Reports Results for the First Quarter of 2023May 10, 2023 | finance.yahoo.comGlobal Ship Lease (GSL) Beats Q1 Earnings and Revenue EstimatesMay 10, 2023 | finance.yahoo.comGlobal Ship Lease Reports Results for the First Quarter of 2023May 8, 2023 | finance.yahoo.comGlobal Ship Lease Announces Agreement to Acquire Four Post-Panamax Containerships on Multi-Year ChartersMay 8, 2023 | americanbankingnews.comGlobal Ship Lease (GSL) Set to Announce Earnings on WednesdayMay 7, 2023 | finance.yahoo.comShould You Be Adding Global Ship Lease (NYSE:GSL) To Your Watchlist Today?May 3, 2023 | benzinga.comGlobal Ship Lease Stock (NYSE:GSL), Short Interest ReportMay 1, 2023 | finance.yahoo.comGlobal Ship Lease Announces First Quarter 2023 Earnings Release, Conference Call and WebcastApril 28, 2023 | americanbankingnews.comGlobal Ship Lease, Inc. Forecasted to Earn FY2023 Earnings of $8.03 Per Share (NYSE:GSL)April 26, 2023 | msn.comHere is What to Know Beyond Why Global Ship Lease, Inc. (GSL) is a Trending StockApril 23, 2023 | americanbankingnews.comGlobal Ship Lease, Inc. (NYSE:GSL) Short Interest Up 7.6% in MarchApril 13, 2023 | finance.yahoo.comIs It Too Late To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?See 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 Ex-Dividend for 3/6 Dividend2/21/2023Last Earnings3/01/2023Dividend Payable3/06/2023Ex-Dividend for 6/2 Dividend5/23/2023Today5/29/2023Dividend Payable6/02/2023Next Earnings (Estimated)8/03/2023Fiscal 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$25.00 High Stock Price Forecast$25.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+38.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$7.97 Trailing P/E Ratio2.26 Forward P/E Ratio2.03 P/E GrowthN/ANet Income$292.92 million Net Margins45.83% Pretax Margin45.65% Return on Equity34.03% Return on Assets15.05% Debt Debt-to-Equity Ratio0.69 Current Ratio0.96 Quick Ratio0.92 Sales & Book Value Annual Sales$645.65 million Price / Sales1.01 Cash Flow$10.02 per share Price / Cash Flow1.80 Book Value$26.85 per share Price / Book0.67Miscellaneous Outstanding Shares35,990,000Free FloatN/AMarket Cap$649.26 million OptionableOptionable Beta1.66 Key ExecutivesIan James WebberChief Executive OfficerAnastasios PsaropoulosChief Financial OfficerThomas A. ListerChief Commercial OfficerGeorge GiannopoulosHead-Internal AuditMaria DaneziSecretaryKey CompetitorsNavios Maritime PartnersNYSE:NMMEagle Bulk ShippingNASDAQ:EGLETeekayNYSE:TKGenco Shipping & TradingNYSE:GNKTsakos Energy NavigationNYSE:TNPView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 55,399 shares on 5/18/2023Ownership: 0.175%New York State Common Retirement FundBought 34,700 shares on 5/18/2023Ownership: 0.141%Donald Smith & CO. Inc.Sold 5,028 shares on 5/17/2023Ownership: 0.708%Thrivent Financial for LutheransBought 556 shares on 5/17/2023Ownership: 0.106%Arrowstreet Capital Limited PartnershipBought 11,502 shares on 5/16/2023Ownership: 0.334%View All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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