Shares of Global Net Lease, Inc. (NYSE:GNL – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $10.3333.
A number of equities research analysts recently weighed in on GNL shares. BMO Capital Markets downgraded shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price objective for the company. in a research report on Friday, April 17th. Huntington started coverage on shares of Global Net Lease in a report on Wednesday, July 15th. They issued a “market perform” rating and a $10.00 target price on the stock.
Check Out Our Latest Stock Report on GNL
Global Net Lease Stock Down 0.7%
Global Net Lease (NYSE:GNL – Get Free Report) last issued its earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.18). Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.The business had revenue of $109.29 million for the quarter, compared to analyst estimates of $112.37 million. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.
Global Net Lease Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, July 13th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Monday, July 13th. Global Net Lease’s dividend payout ratio is presently -190.00%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. bought a new position in Global Net Lease during the 4th quarter worth $28,000. Northwestern Mutual Wealth Management Co. lifted its stake in Global Net Lease by 180.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock valued at $45,000 after buying an additional 3,830 shares during the last quarter. Ameriflex Group Inc. lifted its stake in Global Net Lease by 43.3% in the fourth quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock valued at $50,000 after buying an additional 1,761 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Global Net Lease by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 1,412 shares during the period. Finally, Focus Partners Wealth acquired a new position in shares of Global Net Lease during the third quarter valued at $61,000. Institutional investors and hedge funds own 61.19% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Global Net Lease
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Global Net Lease Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Net Lease and related companies with MarketBeat.com's FREE daily email newsletter.
