Global Net Lease, Inc. (NYSE:GNL) Given Average Recommendation of “Buy” by Brokerages

Shares of Global Net Lease, Inc. (NYSE:GNL) have been given a consensus recommendation of “Buy” by the five ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $10.25.

Several brokerages recently issued reports on GNL. BMO Capital Markets upgraded Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 price target for the company in a report on Monday, August 17th. Huntington began coverage on Global Net Lease in a research note on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price objective on the stock.

Institutional Trading of Global Net Lease

Several large investors have recently bought and sold shares of GNL. Mirae Asset Global Investments Co. Ltd. increased its stake in Global Net Lease by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock worth $51,000 after buying an additional 1,412 shares during the period. Arrow Investment Advisors LLC boosted its position in Global Net Lease by 5.7% in the 4th quarter. Arrow Investment Advisors LLC now owns 27,969 shares of the financial services provider’s stock valued at $241,000 after buying an additional 1,518 shares during the last quarter. Essex Financial Services Inc. boosted its position in Global Net Lease by 9.6% in the 1st quarter. Essex Financial Services Inc. now owns 18,005 shares of the financial services provider’s stock valued at $169,000 after buying an additional 1,577 shares during the last quarter. Ameriflex Group Inc. grew its stake in shares of Global Net Lease by 43.3% during the fourth quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 1,761 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Global Net Lease by 1.2% during the second quarter. The Manufacturers Life Insurance Company now owns 154,190 shares of the financial services provider’s stock valued at $1,164,000 after acquiring an additional 1,784 shares in the last quarter. Institutional investors and hedge funds own 61.19% of the company’s stock.

Global Net Lease Price Performance

GNL opened at $9.21 on Tuesday. Global Net Lease has a 52-week low of $7.48 and a 52-week high of $10.04. The company has a 50 day moving average of $9.01 and a two-hundred day moving average of $9.30. The company has a market cap of $1.94 billion, a P/E ratio of -32.91 and a beta of 1.02. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.94.

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

Global Net Lease Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Monday, July 13th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 8.2%. The ex-dividend date was Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is presently -271.43%.

About Global Net Lease

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.