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Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Options Trading Plan–Perfect For Beginners (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Options Trading Plan–Perfect For Beginners (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Options Trading Plan–Perfect For Beginners (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
NYSE:GSL

Global Ship Lease (GSL) Stock Forecast, Price & News

$18.13
+0.14 (+0.78%)
(As of 09/22/2023 ET)
Compare
Today's Range
$17.89
$18.23
50-Day Range
$17.80
$21.58
52-Week Range
$15.17
$21.83
Volume
522,137 shs
Average Volume
568,939 shs
Market Capitalization
$652.50 million
P/E Ratio
2.11
Dividend Yield
8.27%
Price Target
$25.00

Global Ship Lease MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.9% Upside
$25.00 Price Target
Short Interest
Healthy
5.09% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.37mentions of Global Ship Lease in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.53%
From $8.68 to $9.16 Per Share

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 stars

Transportation Sector

20th out of 110 stocks

Deep Sea Foreign Transportation Of Freight Industry

6th out of 25 stocks


GSL stock logo

About Global Ship Lease (NYSE:GSL) Stock

Global 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.

GSL Price History

GSL Stock News Headlines

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.
Global Ship Lease: Dirt Cheap For Locked In Revenues
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.
Buy These 3 High-Yield Stocks for Passive Income
See More Headlines
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GSL Company Calendar

Last Earnings
8/03/2023
Ex-Dividend for 9/4 Dividend
8/22/2023
Dividend Payable
9/04/2023
Today
9/22/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$292.92 million
Pretax Margin
48.46%

Debt

Sales & Book Value

Annual Sales
$645.65 million
Cash Flow
$9.96 per share
Book Value
$26.85 per share

Miscellaneous

Free Float
33,327,000
Market Cap
$652.50 million
Optionable
Optionable
Beta
1.70
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Key Executives

  • Mr. 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 Giannopoulos
    Head of Internal Audit
  • Ms. Maria Danezi
    Company Sec.













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?
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

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