Global Net Lease (NYSE:GNL – Get Free Report) posted its quarterly earnings results on Tuesday. The financial services provider reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.18), FiscalAI reports. Global Net Lease had a negative net margin of 8.72% and a negative return on equity of 2.83%. The company had revenue of $109.29 million during the quarter, compared to analyst estimates of $112.37 million. Global Net Lease updated its FY 2026 guidance to 0.800-0.840 EPS.
Global Net Lease Trading Up 1.1%
Global Net Lease stock traded up $0.10 during mid-day trading on Thursday, hitting $9.13. 3,175,199 shares of the stock were exchanged, compared to its average volume of 1,955,091. The firm’s fifty day simple moving average is $9.45 and its two-hundred day simple moving average is $8.90. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.19. Global Net Lease has a 12 month low of $6.77 and a 12 month high of $10.04. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of -22.81 and a beta of 1.03.
Global Net Lease Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Monday, April 13th were issued a dividend of $0.19 per share. The ex-dividend date was Monday, April 13th. This represents a $0.76 annualized dividend and a yield of 8.3%. Global Net Lease’s dividend payout ratio (DPR) is presently -63.87%.
Hedge Funds Weigh In On Global Net Lease
Analysts Set New Price Targets
Several brokerages have recently commented on GNL. Citigroup restated an “outperform” rating on shares of Global Net Lease in a research report on Monday, January 12th. Cantor Fitzgerald upgraded Global Net Lease to a “strong-buy” rating in a research note on Wednesday, February 4th. BMO Capital Markets lowered Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target on the stock. in a research note on Friday, April 17th. Citizens Jmp upped their price objective on Global Net Lease from $9.00 to $10.00 and gave the stock a “market outperform” rating in a research report on Monday, January 12th. Finally, Wall Street Zen downgraded shares of Global Net Lease from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Global Net Lease currently has an average rating of “Buy” and a consensus price target of $10.40.
Global Net Lease Company Profile
Global Net Lease (NYSE: GNL) is a real estate investment trust (REIT) that focuses on acquiring and managing a diversified portfolio of single-tenant, net-lease commercial properties. The company’s business model centers on establishing long-term, triple-net leases with creditworthy tenants, enabling the pass-through of property operating expenses while aiming to provide predictable rental income and stable cash flows. Global Net Lease’s portfolio spans retail, industrial, office and light-industrial assets, each selected for its strategic location and tenant credit quality.
Since launching its initial public offering in April 2016, Global Net Lease has built a presence in key markets throughout the United States and Western Europe.
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