NYSE:GSL Global Ship Lease (GSL) Stock Forecast, Price & News $18.13 +0.14 (+0.78%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$17.89▼$18.2350-Day Range$17.80▼$21.5852-Week Range$15.17▼$21.83Volume522,137 shsAverage Volume568,939 shsMarket Capitalization$652.50 millionP/E Ratio2.11Dividend Yield8.27%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/Downside37.9% Upside$25.00 Price TargetShort InterestHealthy5.09% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.37Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth5.53%From $8.68 to $9.16 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.2.91 out of 5 starsTransportation Sector20th out of 110 stocksDeep Sea Foreign Transportation Of Freight Industry6th out of 25 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 37.9% from its current price of $18.13.Amount of Analyst CoverageGlobal Ship Lease has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.09% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Global Ship Lease has recently decreased by 4.07%, 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 8.23%, 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 17.44%. 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 16.38% 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 3.5 News and Social Media Coverage News SentimentGlobal Ship Lease has a news sentiment score of 1.37. 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 0.66 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Global Ship Lease this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for GSL on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat Follows12 people have added Global Ship Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 InsidersOnly 7.40% of the stock of Global Ship Lease is held by insiders.Percentage Held by Institutions47.51% 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 5.53% in the coming year, from $8.68 to $9.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global Ship Lease is 2.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Global Ship Lease is 2.11, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.27.Price to Book Value per Share RatioGlobal Ship Lease has a P/B Ratio of 0.68. 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. owns and charters containerships under fixed-rate charters to container shipping companies. As of March 10, 2023, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom.Read More GSL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GSL Stock News HeadlinesSeptember 18, 2023 | finance.yahoo.comGlobal Ship Lease to be a Project Partner to Bayes Business School on UK National Clean Maritime Research HubSeptember 17, 2023 | finance.yahoo.comGlobal Ship Lease, Inc. (NYSE:GSL) is definitely on the radar of institutional investors who own 44% of the companySeptember 23, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 31, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Global Ship Lease, Inc. (NYSE:GSL)August 25, 2023 | seekingalpha.comGlobal Ship Lease: Dirt Cheap For Locked In RevenuesAugust 17, 2023 | finance.yahoo.comIs It Smart To Buy Global Ship Lease, Inc. (NYSE:GSL) Before It Goes Ex-Dividend?August 14, 2023 | finance.yahoo.comGlobal Ship Lease Senior Management Discuss Corporate Developments and Container Shipping SectorAugust 12, 2023 | msn.comGlobal Ship Lease Stock Is Still A Good-Looking Dividend BuySeptember 23, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 11, 2023 | benzinga.comGlobal Ship Lease – Focusing On Shareholder Returns – Shielded From Short Term Market VolatilityAugust 6, 2023 | finance.yahoo.comGlobal Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375August 5, 2023 | msn.comGlobal Ship Lease Non-GAAP EPS of $2.09, revenue of $162.1MAugust 4, 2023 | insidermonkey.comGlobal Ship Lease, Inc. (NYSE:GSL) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | finance.yahoo.comGlobal Ship Lease Reports Results for the Second Quarter of 2023July 31, 2023 | finance.yahoo.comWhat's in Store for Global Ship Lease (GSL) in Q2 Earnings?July 22, 2023 | seekingalpha.comGlobal Ship Lease: The 8.7% Preferred Dividend Is Well-CoveredJuly 21, 2023 | finance.yahoo.comBuy These 3 High-Yield Stocks for Passive IncomeJuly 20, 2023 | finance.yahoo.comGlobal Ship Lease Announces Second Quarter 2023 Earnings Release, Conference Call and WebcastJuly 4, 2023 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Global Ship Lease (NYSE:GSL)June 20, 2023 | finanznachrichten.deGlobal Ship Lease Inc.: Global Ship Lease Announces Credit Rating and Outlook UpgradesJune 20, 2023 | msn.comAll You Need to Know About Global Ship Lease (GSL) Rating Upgrade to Strong BuyJune 20, 2023 | finance.yahoo.comGlobal Ship Lease Announces Credit Rating and Outlook UpgradesJune 20, 2023 | finance.yahoo.comIs Most-Watched Stock Global Ship Lease, Inc. (GSL) Worth Betting on Now?June 7, 2023 | finance.yahoo.comGlobal Ship Lease, Inc. (GSL) is Attracting Investor Attention: Here is What You Should KnowJune 7, 2023 | finanznachrichten.deGlobal Ship Lease Inc.: Global Ship Lease Announces Results of 2023 Annual Meeting of ShareholdersJune 6, 2023 | finance.yahoo.comGlobal Ship Lease Announces Results of 2023 Annual Meeting of ShareholdersJune 2, 2023 | msn.comGlobal Ship Lease: Stock Offers 8% Yield, Undervalued, 97% Chartered In 2023See More Headlines 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 Earnings8/03/2023Ex-Dividend for 9/4 Dividend8/22/2023Dividend Payable9/04/2023Today9/22/2023Next Earnings (Estimated)11/08/2023Fiscal 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+37.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$8.60 Trailing P/E Ratio2.11 Forward P/E Ratio2.09 P/E GrowthN/ANet Income$292.92 million Net Margins48.47% Pretax Margin48.46% Return on Equity32.67% Return on Assets15.26% Debt Debt-to-Equity Ratio0.66 Current Ratio0.77 Quick Ratio0.72 Sales & Book Value Annual Sales$645.65 million Price / Sales1.01 Cash Flow$9.96 per share Price / Cash Flow1.82 Book Value$26.85 per share Price / Book0.68Miscellaneous Outstanding Shares35,990,000Free Float33,327,000Market Cap$652.50 million OptionableOptionable Beta1.70 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Georgios Giouroukos Youroukos (Age 58)Exec. Chairman Mr. Ian J. Webber (Age 65)Chief Exec. Officer Mr. Anastasios Psaropoulos (Age 45)CFO & Treasurer Mr. Thomas A. Lister (Age 53)Chief Commercial Officer & Head of ESG Mr. George GiannopoulosHead of Internal AuditMs. Maria DaneziCompany Sec.More ExecutivesKey CompetitorsNavios Maritime PartnersNYSE:NMMTsakos Energy NavigationNYSE:TNPGenco Shipping & TradingNYSE:GNKArdmore ShippingNYSE:ASCTeekayNYSE:TKView All CompetitorsInstitutional OwnershipTucker Asset Management LLCBought 2,745 shares on 9/8/2023Ownership: 0.008%Royal Bank of CanadaBought 2,927 shares on 8/15/2023Ownership: 0.089%XTX Topco LtdSold 4,684 shares on 8/15/2023Ownership: 0.066%Walleye Capital LLCBought 6,400 shares on 8/15/2023Ownership: 0.000%Quarry LPBought 2,274 shares on 8/15/2023Ownership: 0.006%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 year. 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 target prices for Global Ship Lease's shares. Their GSL share price forecasts range from $25.00 to $25.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 37.9% 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 8.9% and is now trading at $18.13. 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 Wednesday, November 8th 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 Thursday, August, 3rd. The shipping company reported $2.09 EPS for the quarter, topping analysts' consensus estimates of $2.08 by $0.01. The shipping company earned $162.08 million during the quarter, compared to analyst estimates of $158.18 million. Global Ship Lease had a trailing twelve-month return on equity of 32.67% and a net margin of 48.47%. How often does Global Ship Lease pay dividends? What is the dividend yield for Global Ship Lease? Global Ship Lease declared a quarterly dividend on Thursday, August 3rd. Investors of record on Wednesday, August 23rd will be given a dividend of $0.375 per share on Monday, September 4th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.27%. The ex-dividend date of this dividend is Tuesday, August 22nd. 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).SonicShares Global Shipping ETF (BOAT). 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 8.23%. 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 17.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSL will have a dividend payout ratio of 16.38% 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 shares 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), Tufton Oceanic Assets (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 many different retail and institutional investors. Top institutional investors include Whitefort Capital Management LP (5.72%), Acadian Asset Management LLC (3.47%), Marshall Wace LLP (2.80%), Donald Smith & CO. Inc. (1.09%), Pale Fire Capital SE (0.81%) and Foundry Partners LLC (0.71%). 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 $18.13. How much money does Global Ship Lease make? Global Ship Lease (NYSE:GSL) has a market capitalization of $652.50 million and generates $645.65 million in revenue each year. The shipping company earns $292.92 million in net income (profit) each year or $8.60 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 9/23/2023 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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