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

Global Ship Lease Inc (NYSE:GSL) announced its earnings results on Wednesday, November, 6th. The shipping company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.06. The shipping company had revenue of $65.95 million for the quarter, compared to the consensus estimate 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 Thursday, March 5th 2020. View Earnings Estimates for Global Ship Lease.

Global Ship Lease will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued 1-year price targets for Global Ship Lease's shares. Their forecasts range from $9.00 to $15.00. On average, they expect Global Ship Lease's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 108.7% 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.

Press coverage about GSL stock has trended very negative on Friday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 daily sentiment score of -3.0 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 stock's share price in the immediate future. View News Stories for Global Ship Lease.

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

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), OHR Pharmaceutical (OHRP), Seanergy Maritime (SHIP) and DHT (DHT).

Global Ship Lease's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Punch & Associates Investment Management Inc. (2.94%), Renaissance Technologies LLC (2.57%), Foundry Partners LLC (1.14%), Vivaldi Asset Management LLC (0.74%), Clear Harbor Asset Management LLC (0.33%) and Victory Capital Management Inc. (0.08%).

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

GSL stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Punch & Associates Investment Management Inc., Vivaldi Asset Management LLC and 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 $5.75.

Global Ship Lease has a market capitalization of $100.97 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]