NYSE:GSL - Global Ship Lease Stock Price, Forecast & News

Global Ship Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "GSL."

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 Global Ship Lease stock prior to the reverse split would have 13 shares after the split.

Global Ship Lease Inc (NYSE:GSL) posted its quarterly earnings data on Wednesday, November, 6th. The shipping company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.06. The shipping company earned $65.95 million during the quarter, compared to analysts' expectations of $64.61 million. Global Ship Lease had a positive return on equity of 10.14% and a negative net margin of 16.69%. View Global Ship Lease's Earnings History.

Global Ship Lease is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Global Ship Lease.

2 brokers have issued 1-year price targets for Global Ship Lease's shares. Their forecasts range from $9.00 to $15.00. On average, they anticipate Global Ship Lease's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Price Targets for Global Ship Lease.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Global Ship Lease.

Media headlines about GSL stock have trended neutral this week, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Global Ship Lease earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Global Ship Lease.

Some companies that are related to Global Ship Lease include Teekay (TK), DryShips (DRYS), Scorpio Bulkers (SALT), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), TSAKOS ENERGY N/SH (TNP), Ardmore Shipping (ASC), SEACOR Marine (SMHI), Capital Product Partners (CPLP), Navios Maritime Partners (NMM), Safe Bulkers (SB), Overseas Shipholding Group (OSG), StealthGas (GASS) and Pangaea Logistics Solutions (PANL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Ship Lease investors own include Actinium Pharmaceuticals (ATNM), Mazor Robotics (MZOR), OHR Pharmaceutical (OHRP), Verastem (VSTM), Groupon (GRPN), Fitbit (FIT), Energy Transfer LP Unit (ET), NovaBay Pharmaceuticals (NBY), TransEnterix (TRXC) and Broadcom (AVGO).

Global Ship Lease's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Luxor Capital Group LP (1.06%), Foundry Partners LLC (1.00%), Clear Harbor Asset Management LLC (0.37%), Millennium Management LLC (0.33%) and Virtu Financial LLC (0.09%).

GSL stock was bought by a variety of institutional investors in the last quarter, including Luxor Capital Group LP, Foundry Partners LLC, Millennium Management LLC, Clear Harbor Asset Management LLC and Virtu Financial LLC.

Shares of GSL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GSL stock can currently be purchased for approximately $8.66.

Global Ship Lease has a market capitalization of $143.44 million and generates $157.10 million in revenue each year. The shipping company earns $-57,360,000.00 in net income (profit) each year or $1.76 on an earnings per share basis. Global Ship Lease employs 11 workers across the globe.View Additional Information About Global Ship Lease.

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

Global Ship Lease's mailing address is TRUST COMPANY COMPLEX AJELTAKE ROAD AJELTAKE ISLAND, MAJURO 1T, SW1E 5RS. The shipping company can be reached via phone at 44-0-20-7869-8006 or via email at [email protected]