NYSE:GSLGlobal Ship Lease Stock Price, Forecast & News

Global Ship Lease's stock was trading at $4.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GSL stock has increased by 7.4% and is now trading at $4.81.
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1 Wall Street 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, resulting in a consensus recommendation of "Buy."
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Global Ship Lease is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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Global Ship Lease Inc (NYSE:GSL) announced its earnings results on Thursday, August, 6th. The shipping company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.15. Global Ship Lease had a net margin of 12.50% and a return on equity of 11.76%.
View Global Ship Lease's earnings history.

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

1 equities research analysts have issued 1-year price objectives for Global Ship Lease's stock. Their forecasts range from $12.00 to $12.00. On average, they anticipate Global Ship Lease's share price to reach $12.00 in the next year. This suggests a possible upside of 149.5% from the stock's current price.
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Media coverage about GSL stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Ship Lease earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about Global Ship Lease.

Global Ship Lease saw a increase in short interest in July. As of July 15th, there was short interest totaling 23,800 shares, an increase of 61.9% from the June 30th total of 14,700 shares. Based on an average daily trading volume, of 43,600 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the stock are short sold.
View Global Ship Lease's Short Interest.

Some companies that are related to Global Ship Lease include Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Ardmore Shipping (ASC), Diana Shipping (DSX), Safe Bulkers (SB), Danaos (DAC), Capital Product Partners (CPLP), Pangaea Logistics Solutions (PANL), TOP SHIPS (TOPS), StealthGas (GASS) and Navios Maritime Acquisition (NNA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Global Ship Lease investors own include Actinium Pharmaceuticals (ATNM), Energy Transfer LP Unit (ET), Capital Product Partners (CPLP), Verastem (VSTM), Groupon (GRPN), Mazor Robotics (MZOR), TSAKOS ENERGY N/SH (TNP), DHT (DHT), Enterprise Products Partners (EPD) and Fitbit (FIT).

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

Global Ship Lease's stock is owned by a variety of institutional and retail investors. Top institutional investors include Foundry Partners LLC (1.51%) and Clear Harbor Asset Management LLC (0.32%).

GSL stock was sold by a variety of institutional investors in the last quarter, including Clear Harbor Asset Management LLC.

GSL stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners 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 $4.81.

Global Ship Lease has a market capitalization of $84.46 million and generates $261.10 million in revenue each year. The shipping company earns $39.84 million in net income (profit) each year or $1.51 on an earnings per share basis. Global Ship Lease employs 11 workers across the globe.

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

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 44-0-20-3998-0060 or via email at [email protected]