S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
NYSE:GSL

Global Ship Lease Stock Forecast, Price & News

$24.43
+0.64 (+2.69%)
(As of 01/27/2022 12:00 AM ET)
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Compare
Today's Range
$23.87
$24.77
50-Day Range
$20.60
$24.70
52-Week Range
$11.37
$26.51
Volume
825,148 shs
Average Volume
716,840 shs
Market Capitalization
$886.39 million
P/E Ratio
8.04
Dividend Yield
4.20%
Beta
1.79
30 days | 90 days | 365 days | Advanced Chart
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Global Ship Lease logo

About Global Ship Lease

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.

Headlines

See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$282.81 million
Cash Flow
$2.93 per share
Book Value
$12.88 per share

Profitability

Net Income
$41.56 million
Pretax Margin
31.58%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$886.39 million
Optionable
Optionable

Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 12/2 Dividend
11/19/2021
Dividend Payable
12/02/2021
Today
1/28/2022
Next Earnings (Estimated)
3/03/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.92 out of 5 stars

Transportation Sector

15th out of 172 stocks

Deep Sea Foreign Transportation Of Freight Industry

2nd out of 45 stocks

Analyst Opinion: 2.5Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Global Ship Lease (NYSE:GSL) Frequently Asked Questions

Is Global Ship Lease a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Global Ship Lease stock.
View analyst ratings for Global Ship Lease
or view top-rated stocks.

How has Global Ship Lease's stock been impacted by COVID-19?

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 shares have increased by 445.3% and is now trading at $24.43.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Global Ship Lease?

Global Ship Lease saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,240,000 shares, an increase of 133.9% from the December 31st total of 530,100 shares. Based on an average daily volume of 628,800 shares, the short-interest ratio is presently 2.0 days. Currently, 4.2% of the company's stock are sold short.
View Global Ship Lease's Short Interest
.

When is Global Ship Lease's next earnings date?

Global Ship Lease is scheduled to release its next quarterly earnings announcement on Thursday, March 3rd 2022.
View our earnings forecast for Global Ship Lease
.

How were Global Ship Lease's earnings last quarter?

Global Ship Lease, Inc. (NYSE:GSL) issued its quarterly earnings data on Wednesday, November, 10th. The shipping company reported $1.74 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.95 by $0.79. The shipping company earned $138.57 million during the quarter, compared to analyst estimates of $100.04 million. Global Ship Lease had a trailing twelve-month return on equity of 21.34% and a net margin of 31.56%. During the same period in the previous year, the business earned $0.44 earnings per share.
View Global Ship Lease's earnings history
.

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 Thursday, November 11th. Investors of record on Monday, November 22nd will be paid a dividend of $0.25 per share on Thursday, December 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date is Friday, November 19th.
View Global Ship Lease's dividend history
.

Is Global Ship Lease a good dividend stock?

Global Ship Lease pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.20%. GSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Global Ship Lease does not yet have a strong track record of dividend growth. The dividend payout ratio of Global Ship Lease is 32.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Global Ship Lease will have a dividend payout ratio of 13.77% next year. This indicates that Global Ship Lease will be able to sustain or increase its dividend.
View Global Ship Lease's dividend history.

When did Global Ship Lease's stock split? How did Global Ship Lease's stock split work?

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.

What price target have analysts set for GSL?

3 analysts have issued 12 month target prices for Global Ship Lease's shares. Their forecasts range from $23.00 to $33.00. On average, they anticipate Global Ship Lease's share price to reach $29.33 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price.
View analysts' price targets for Global Ship Lease
or view top-rated stocks among Wall Street analysts.

Who are Global Ship Lease's key executives?

Global Ship Lease's management team includes the following people:
  • Ian James Webber, Chief Executive Officer
  • Anastasios Psaropoulos, Chief Financial Officer & Treasurer
  • Thomas A. Lister, Chief Commercial Officer
  • George Giannopoulos, Head-Internal Audit
  • Maria Danezi, Secretary

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 many different retail and institutional investors. Top institutional investors include Foundry Partners LLC (0.73%), CHURCHILL MANAGEMENT Corp (0.31%), Isthmus Partners LLC (0.16%), Belvedere Trading LLC (0.09%), Cutler Group LP (0.00%) and Clear Harbor Asset Management LLC (0.05%).

Which major investors are selling Global Ship Lease stock?

GSL stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Russell Investments Group Ltd., CHURCHILL MANAGEMENT Corp, and Clear Harbor Asset Management LLC.

Which major investors are buying Global Ship Lease stock?

GSL stock was purchased by a variety of institutional investors in the last quarter, including Belvedere Trading LLC, Cutler Group LP, Kestra Advisory Services LLC, and Isthmus Partners LLC.

How do I buy shares of Global Ship Lease?

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.
Compare Top Brokerages Here.

What is Global Ship Lease's stock price today?

One share of GSL stock can currently be purchased for approximately $24.43.

How much money does Global Ship Lease make?

Global Ship Lease has a market capitalization of $886.39 million and generates $282.81 million in revenue each year. The shipping company earns $41.56 million in net income (profit) each year or $3.04 on an earnings per share basis.

How many employees does Global Ship Lease have?

Global Ship Lease employs 7 workers across the globe.

What is Global Ship Lease's official website?

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

Where are Global Ship Lease's headquarters?

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 shipping company can be reached via phone at 442039980063, via email at [email protected], or via fax at 44-0-20-7869-8119.


This page was last updated on 1/28/2022 by MarketBeat.com Staff

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