Global Net Lease (NYSE:GNL) Given Market Outperform Rating at Citizens Jmp

Global Net Lease (NYSE:GNL)‘s stock had its “market outperform” rating reaffirmed by stock analysts at Citizens Jmp in a note issued to investors on Monday,Benzinga reports. They presently have a $10.00 target price on the financial services provider’s stock. Citizens Jmp’s price target points to a potential upside of 9.17% from the stock’s current price.

GNL has been the topic of several other research reports. BMO Capital Markets upgraded shares of Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 price target on the stock in a research report on Monday, August 17th. Huntington started coverage on Global Net Lease in a research note on Wednesday, July 15th. They issued a “market perform” rating and a $10.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $10.25.

Global Net Lease Stock Performance

Shares of NYSE GNL opened at $9.16 on Monday. The company has a market cap of $1.93 billion, a P/E ratio of -32.71 and a beta of 1.02. Global Net Lease has a 52-week low of $7.48 and a 52-week high of $10.04. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.16 and a current ratio of 0.16. The firm’s fifty day moving average is $9.00 and its two-hundred day moving average is $9.29.

Global Net Lease (NYSE:GNL) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) EPS for the quarter, meeting 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 business had revenue of $112.47 million during 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.

Hedge Funds Weigh In On Global Net Lease

Several institutional investors have recently made changes to their positions in the company. Arrow Investment Advisors LLC grew its position in Global Net Lease by 5.7% during the 4th quarter. Arrow Investment Advisors LLC now owns 27,969 shares of the financial services provider’s stock worth $241,000 after purchasing an additional 1,518 shares during the last quarter. Essex Financial Services Inc. increased its stake in Global Net Lease by 9.6% during the 1st quarter. Essex Financial Services Inc. now owns 18,005 shares of the financial services provider’s stock valued at $169,000 after purchasing an additional 1,577 shares in the last quarter. Ameriflex Group Inc. raised its holdings in shares of 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 worth $50,000 after buying an additional 1,761 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Global Net Lease by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 154,190 shares of the financial services provider’s stock worth $1,164,000 after buying an additional 1,784 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Global Net Lease by 11.8% during the first quarter. Geneos Wealth Management Inc. now owns 17,258 shares of the financial services provider’s stock worth $162,000 after buying an additional 1,821 shares during the period. Hedge funds and other institutional investors 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.