Global Net Lease, Inc. (NYSE:GNL) Receives Consensus Rating of “Buy” from Brokerages

Shares of Global Net Lease, Inc. (NYSE:GNL) have received a consensus rating of “Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $10.25.

A number of brokerages recently commented on GNL. Huntington initiated coverage on shares of Global Net Lease in a research report on Wednesday, July 15th. They issued a “market perform” rating and a $10.00 price objective for the company. Citizens Jmp reissued a “market outperform” rating and set a $10.00 target price on shares of Global Net Lease in a research note on Monday, August 31st. Finally, BMO Capital Markets raised Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 target price for the company in a research note on Monday, August 17th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GNL. Lloyd Advisory Services LLC. acquired a new position in shares of Global Net Lease during the 4th quarter worth approximately $28,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Global Net Lease during the second quarter worth about $51,000. Parallel Advisors LLC raised its position in shares of Global Net Lease by 74.9% in the first quarter. Parallel Advisors LLC now owns 8,746 shares of the financial services provider’s stock valued at $82,000 after buying an additional 3,746 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Global Net Lease during the second quarter valued at approximately $114,000. Finally, Kathmere Capital Management LLC acquired a new stake in Global Net Lease during the first quarter worth approximately $115,000. Hedge funds and other institutional investors own 61.19% of the company’s stock.

Global Net Lease Stock Down 0.9%

GNL stock opened at $8.55 on Friday. The company has a fifty day moving average price of $8.97 and a 200 day moving average price of $9.19. Global Net Lease has a 12 month low of $7.48 and a 12 month high of $10.04. The company has a market cap of $1.80 billion, a price-to-earnings ratio of -30.55 and a beta of 1.04. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.16 and a quick ratio of 0.16.

Global Net Lease (NYSE:GNL) last issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). Global Net Lease had a negative net margin of 2.94% and a negative return on equity of 1.00%. The company had revenue of $112.47 million for the quarter, compared to the consensus estimate of $109.68 million. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Company Profile

Global Net Lease, Inc (NYSE:GNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties leased primarily under long-term, net lease agreements. Under these arrangements, tenants generally assume responsibility for many property-level expenses, such as maintenance, insurance and taxes.

The company’s portfolio includes office, industrial and retail properties occupied by a range of corporate and commercial tenants. Global Net Lease focuses on properties that generate recurring rental income and typically seeks locations leased to creditworthy tenants under contractual lease terms.

Global Net Lease invests in properties across the United States and Europe.