Global Net Lease (NYSE:GNL) Releases Earnings Results, Misses Estimates By $0.18 EPS

Global Net Lease (NYSE:GNLGet 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

Several hedge funds and other institutional investors have recently bought and sold shares of GNL. Cibc World Markets Corp acquired a new position in shares of Global Net Lease during the 4th quarter valued at $113,000. Franklin Resources Inc. acquired a new stake in Global Net Lease in the fourth quarter worth $125,000. Sherbrooke Park Advisers LLC bought a new stake in Global Net Lease in the third quarter valued at $107,000. Brevan Howard Capital Management LP acquired a new position in shares of Global Net Lease during the third quarter valued at about $121,000. Finally, State of Wyoming acquired a new position in shares of Global Net Lease during the second quarter valued at about $104,000. Institutional investors and hedge funds own 61.19% of the company’s stock.

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.

View Our Latest Report on GNL

Global Net Lease Company Profile

(Get Free Report)

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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Earnings History for Global Net Lease (NYSE:GNL)

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