NYSE:GSLGlobal Ship Lease Stock Price, Forecast & News

Global Ship Lease's stock was trading at $4.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GSL shares have increased by 4.5% and is now trading at $4.68. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Global Ship Lease.

Global Ship Lease is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Global Ship Lease.

Global Ship Lease Inc (NYSE:GSL) announced its quarterly earnings data on Wednesday, November, 6th. The shipping company reported $0.43 EPS for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.06. The shipping company had revenue of $65.95 million for the quarter, compared to analyst estimates of $64.61 million. Global Ship Lease had a return on equity of 10.87% and a net margin of 11.41%. View Global Ship Lease's earnings history.

Shares of Global Ship Lease 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 analysts have issued twelve-month price objectives for Global Ship Lease's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Global Ship Lease's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 156.4% from the stock's current price. View analysts' price targets for Global Ship Lease.

Headlines about GSL stock have been trending positive this week, InfoTrie reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Global Ship Lease earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutGlobal Ship Lease.

Global Ship Lease saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 17,000 shares, a decrease of 41.0% from the April 30th total of 28,800 shares. Based on an average trading volume of 44,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold. View Global Ship Lease's Current Options Chain.

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

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 many different retail and institutional investors. Top institutional shareholders include RBF Capital LLC (2.63%), Foundry Partners LLC (1.27%) and Corsair Capital Management L.P. (0.19%).

GSL stock was sold by a variety of institutional investors in the last quarter, including RBF Capital LLC, and Corsair Capital Management L.P..

GSL stock was purchased 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 $4.68.

Global Ship Lease has a market capitalization of $82.18 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, SW1E 5RS. The shipping company can be reached via phone at 44-0-20-7869-8006 or via email at [email protected]