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 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) released its earnings results on Wednesday, November, 6th. The shipping company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' 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 negative net margin of 16.69% and a positive return on equity of 10.14%. 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 Wall Street analysts have issued 1 year price objectives for Global Ship Lease's shares. Their forecasts range from $9.00 to $15.00. On average, they expect Global Ship Lease's share price to reach $12.00 in the next year. This suggests a possible upside of 43.0% 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 coverage about GSL stock has been trending somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Ship Lease earned a news impact score of 1.7 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Global Ship Lease.

Some companies that are related to Global Ship Lease include Teekay (TK), DryShips (DRYS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), TSAKOS ENERGY N/SH (TNP), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), SEACOR Marine (SMHI), Ardmore Shipping (ASC), Capital Product Partners (CPLP), Danaos (DAC), Navios Maritime Partners (NMM), Overseas Shipholding Group (OSG), Safe Bulkers (SB) 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), Verastem (VSTM), Energy Transfer LP Unit (ET), Groupon (GRPN), Mazor Robotics (MZOR), OHR Pharmaceutical (OHRP), Fitbit (FIT), NovaBay Pharmaceuticals (NBY), DHT (DHT) and TransEnterix (TRXC).

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 $8.39.

Global Ship Lease has a market capitalization of $147.33 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]