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German leader seeks energy deals, alliances on Gulf trip
Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
Saudi Arabia's triumphant week reclaims the West's embrace
Kim Kardashian culls Dolce&Gabbana archives for Milan show
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
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Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
MarketBeat: Week in Review 9/19 – 9/23
Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
China using civilian ships to enhance navy capability, reach
German leader seeks energy deals, alliances on Gulf trip
Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
Saudi Arabia's triumphant week reclaims the West's embrace
Kim Kardashian culls Dolce&Gabbana archives for Milan show
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Become an Ethical Hacking and Cybercrime Expert
Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
MarketBeat: Week in Review 9/19 – 9/23
Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
China using civilian ships to enhance navy capability, reach
German leader seeks energy deals, alliances on Gulf trip
Bonner’s “4th and Final Prediction”—First 3 came true, will this too? (Ad)
Saudi Arabia's triumphant week reclaims the West's embrace
Kim Kardashian culls Dolce&Gabbana archives for Milan show
NYSE:GSL

Global Ship Lease - GSL Stock Forecast, Price & News

$15.77
-0.77 (-4.66%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.25
$16.12
50-Day Range
$15.77
$20.53
52-Week Range
$14.62
$30.02
Volume
1.23 million shs
Average Volume
790,959 shs
Market Capitalization
$579.23 million
P/E Ratio
2.25
Dividend Yield
9.07%
Price Target
$31.50

Global Ship Lease MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
99.7% Upside
$31.50 Price Target
Short Interest
Healthy
6.37% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.22mentions of Global Ship Lease in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.30%
From $7.34 to $8.61 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.38 out of 5 stars

Transportation Sector

2nd out of 124 stocks

Deep Sea Foreign Transportation Of Freight Industry

1st out of 30 stocks

GSL stock logo

About Global Ship Lease (NYSE:GSL) Stock

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, 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.

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GSL Stock News Headlines

Global Ship Lease Inc - Ordinary Shares - Class A
GSL Global Ship Lease, Inc.
Best Income Stocks to Buy for September 1st
Best Value Stocks to Buy for September 1st
Global Ship Lease Announces Forward Charter Agreements
Global Ship Lease Shares Slip After Q2 Results
Global Ship Lease: Betting Big On Shipping
See More Headlines
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GSL Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 9/2 Dividend
8/22/2022
Dividend Payable
9/02/2022
Today
9/24/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

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
$31.50
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+99.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$171.49 million
Pretax Margin
43.87%

Debt

Sales & Book Value

Annual Sales
$447.95 million
Cash Flow
$5.53 per share
Book Value
$19.54 per share

Miscellaneous

Free Float
N/A
Market Cap
$579.23 million
Optionable
Optionable
Beta
1.75

Key Executives

  • Mr. Georgios Giouroukos Youroukos (Age 57)
    Exec. Chairman
  • Mr. Ian J. Webber (Age 64)
    Chief Exec. Officer
  • Mr. Anastasios Psaropoulos (Age 44)
    CFO & Treasurer
  • Mr. Thomas A. Lister (Age 52)
    Chief Commercial Officer
  • 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?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last twelve months. There are currently 2 buy ratings 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 2022?

2 equities research analysts have issued twelve-month price targets for Global Ship Lease's stock. Their GSL share price forecasts range from $25.00 to $38.00. On average, they predict the company's stock price to reach $31.50 in the next twelve months. This suggests a possible upside of 99.7% 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 2022?

Global Ship Lease's stock was trading at $22.91 at the beginning of the year. Since then, GSL stock has decreased by 31.2% and is now trading at $15.77.
View the best growth stocks for 2022 here
.

Are investors shorting Global Ship Lease?

Global Ship Lease saw a drop in short interest in August. As of August 15th, there was short interest totaling 2,220,000 shares, a drop of 16.2% from the July 31st total of 2,650,000 shares. Based on an average daily volume of 827,300 shares, the days-to-cover ratio is presently 2.7 days. Currently, 6.7% of the company's stock are short sold.
View Global Ship Lease's Short Interest
.

When is Global Ship Lease's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our GSL earnings forecast
.

How were Global Ship Lease's earnings last quarter?

Global Ship Lease, Inc. (NYSE:GSL) issued its quarterly earnings results on Wednesday, November, 10th. The shipping company reported $1.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.79. The shipping company earned $138.57 million during the quarter, compared to analysts' expectations of $100.04 million. Global Ship Lease had a net margin of 43.86% and a trailing twelve-month return on equity of 36.52%. During the same period in the previous year, the firm posted $0.44 earnings per share.

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 Friday, August 5th. Shareholders of record on Tuesday, August 23rd will be given a dividend of $0.375 per share on Friday, September 2nd. This represents a $1.50 dividend on an annualized basis and a yield of 9.51%. The ex-dividend date is Monday, August 22nd.
Read our dividend analysis for GSL
.

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 9.07%. 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 21.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSL will have a dividend payout ratio of 17.42% 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 before market open 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 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 many different institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (5.53%), Healthcare of Ontario Pension Plan Trust Fund (4.14%), Millennium Management LLC (3.63%), Renaissance Technologies LLC (1.40%), Citadel Advisors LLC (0.00%) and Foundry Partners LLC (0.63%).

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 $15.77.

How much money does Global Ship Lease make?

Global Ship Lease (NYSE:GSL) has a market capitalization of $579.23 million and generates $447.95 million in revenue each year. The shipping company earns $171.49 million in net income (profit) each year or $7.00 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 9/24/2022 by MarketBeat.com Staff

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