Global Ship Lease Stock Forecast, Price & News

Global Ship Lease (NYSE:GSL) Frequently Asked Questions

Is Global Ship Lease a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Global Ship Lease stock.
View analyst ratings for Global Ship Lease or view top-rated stocks.

How has Global Ship Lease's stock been impacted by COVID-19 (Coronavirus)?

Global Ship Lease's stock was trading at $4.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GSL stock has increased by 406.0% and is now trading at $22.67.
View which stocks have been most impacted by COVID-19.

Are investors shorting Global Ship Lease?

Global Ship Lease saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 581,700 shares, a drop of 26.0% from the November 30th total of 786,300 shares. Based on an average daily trading volume, of 679,800 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.0% of the company's shares are short sold.
View Global Ship Lease's Short Interest.

When is Global Ship Lease's next earnings date?

Global Ship Lease is scheduled to release its next quarterly earnings announcement on Thursday, March 3rd 2022.
View our earnings forecast for Global Ship Lease.

How were Global Ship Lease's earnings last quarter?

Global Ship Lease, Inc. (NYSE:GSL) posted its quarterly earnings data on Wednesday, November, 10th. The shipping company reported $1.74 EPS for the quarter, topping the consensus estimate of $0.95 by $0.79. The shipping company had revenue of $138.57 million for the quarter, compared to the consensus estimate of $100.04 million. Global Ship Lease had a net margin of 31.56% and a trailing twelve-month return on equity of 21.34%. During the same quarter last year, the company earned $0.44 EPS.
View Global Ship Lease's earnings history.

How often does Global Ship Lease pay dividends? What is the dividend yield for Global Ship Lease?

Global Ship Lease declared a quarterly dividend on Thursday, November 11th. Investors of record on Monday, November 22nd will be given a dividend of $0.25 per share on Thursday, December 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Friday, November 19th.
View Global Ship Lease's dividend history.

Is Global Ship Lease a good dividend stock?

Global Ship Lease pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.50%. GSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Global Ship Lease does not yet have a strong track record of dividend growth. The dividend payout ratio of Global Ship Lease is 32.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Global Ship Lease will have a dividend payout ratio of 13.77% next year. This indicates that Global Ship Lease will be able to sustain or increase its dividend.
View Global Ship Lease's dividend history.

When did Global Ship Lease's stock split? How did Global Ship Lease's stock split work?

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 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.

What price target have analysts set for GSL?

3 Wall Street analysts have issued twelve-month price targets for Global Ship Lease's stock. Their forecasts range from $23.00 to $33.00. On average, they anticipate Global Ship Lease's share price to reach $29.33 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price.
View analysts' price targets for Global Ship Lease or view top-rated stocks among Wall Street analysts.

Who are Global Ship Lease's key executives?

Global Ship Lease's management team includes the following people:

• Ian James Webber, Chief Executive Officer
• Anastasios Psaropoulos, Chief Financial Officer & Treasurer
• Thomas A. Lister, Chief Commercial Officer
• George Giannopoulos, Head-Internal Audit
• Maria Danezi, Secretary

Who are some of Global Ship Lease's key competitors?

Some companies that are related to Global Ship Lease include Star Bulk Carriers (SBLK), Pacific Basin Shipping (PCFBY), Euronav (EURN), Danaos (DAC), Costamare (CMRE), Frontline (FRO), SFL (SFL), DHT (DHT), Scorpio Tankers (STNG), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), TORM (TRMD), Navigator (NVGS), Navios Maritime Partners (NMM) and Dorian LPG (LPG).
View all of GSL's competitors.

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 retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.31%), Isthmus Partners LLC (0.16%), Belvedere Trading LLC (0.09%), Cutler Group LP (0.00%), Clear Harbor Asset Management LLC (0.05%) and Russell Investments Group Ltd. (0.04%).

Which institutional investors are selling Global Ship Lease stock?

GSL stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., CHURCHILL MANAGEMENT Corp, and Clear Harbor Asset Management LLC.

Which institutional investors are buying Global Ship Lease stock?

GSL stock was bought by a variety of institutional investors in the last quarter, including Belvedere Trading LLC, Cutler Group LP, Kestra Advisory Services LLC, and Isthmus Partners LLC.

How do I buy shares of Global Ship Lease?

Shares of GSL 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.
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What is Global Ship Lease's stock price today?

One share of GSL stock can currently be purchased for approximately $22.67.

How much money does Global Ship Lease make?

Global Ship Lease has a market capitalization of $822.54 million and generates $282.81 million in revenue each year. The shipping company earns $41.56 million in net income (profit) each year or $3.04 on an earnings per share basis.

How many employees does Global Ship Lease have?

Global Ship Lease employs 7 workers across the globe.

What is Global Ship Lease's official website?

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

Where are Global Ship Lease's headquarters?

Global Ship Lease is headquartered at TRUST COMPANY COMPLEX AJELTAKE ROAD AJELTAKE ISLAND, MAJURO 1T, SW1V 1LW.

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 shipping company can be reached via phone at 442039980063, via email at [email protected], or via fax at 44-0-20-7869-8119.