FBR & Co reissued their marketperform rating on shares of Global Net Lease Inc. (NYSE:GNL) in a research note published on Tuesday.

Global Net Lease (NYSE:GNL) opened at 7.65 on Tuesday. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 32.97 and a beta of 0.53. The company has a 50-day moving average of $8.06 and a 200-day moving average of $8.35. Global Net Lease has a one year low of $5.77 and a one year high of $9.29.

Global Net Lease (NYSE:GNL) last posted its earnings results on Monday, August 8th. The company reported $0.09 earnings per share for the quarter. The business earned $53.20 million during the quarter, compared to analyst estimates of $49.10 million. Global Net Lease had a return on equity of 3.36% and a net margin of 18.87%.

The business also recently announced a monthly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 8th will be issued a dividend of $0.0592 per share. This represents a $0.71 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date of this dividend is Tuesday, December 6th. Global Net Lease’s payout ratio is presently 308.71%.

Global Net Lease Company Profile

Global Net Lease, Inc is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Company focuses its investments on commercial and retail properties, including special use single tenant properties.

5 Day Chart for NYSE:GNL

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