Global Net Lease, Inc. (GNL) – What Are Investment Firms Thinking About This Stock?

Shares of Global Net Lease, Inc. (NYSE:GNL) have been given an average recommendation of “Buy” by the five analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $10.25.

GNL has been the subject of a number of analyst reports. BMO Capital Markets raised shares of 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 report on Monday, August 17th. Huntington began coverage on shares of Global Net Lease in a research report on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price target on the stock. Finally, Citizens Jmp restated a “market outperform” rating and set a $10.00 price objective on shares of Global Net Lease in a research note on Monday, August 31st.

Global Net Lease Price Performance

Shares of GNL opened at $7.37 on Wednesday. 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 has a twelve month low of $7.24 and a twelve month high of $10.04. The stock has a market capitalization of $1.55 billion, a P/E ratio of -26.30 and a beta of 1.05. The company has a 50 day moving average of $8.62 and a 200-day moving average of $9.01.

Global Net Lease (NYSE:GNL) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) EPS for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $109.68 million. 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, October 16th. Investors of record on Monday, October 12th were given a $0.19 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 10.3%. Global Net Lease’s payout ratio is currently -271.43%.

Institutional Trading of Global Net Lease

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Global Net Lease by 26.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 56,052 shares of the financial services provider’s stock valued at $463,000 after buying an additional 11,640 shares during the last quarter. Blankinship & Foster LLC acquired a new stake in Global Net Lease in the 3rd quarter valued at about $248,000. TT Capital Management LLC acquired a new stake in Global Net Lease in the 3rd quarter valued at about $176,000. Krilogy Financial LLC lifted its stake in Global Net Lease by 15.8% in the 3rd quarter. Krilogy Financial LLC now owns 12,457 shares of the financial services provider’s stock valued at $97,000 after purchasing an additional 1,696 shares during the last quarter. Finally, QRG Capital Management Inc. grew its holdings in Global Net Lease by 8.2% during the second quarter. QRG Capital Management Inc. now owns 26,667 shares of the financial services provider’s stock worth $238,000 after purchasing an additional 2,025 shares during the period. Institutional investors own 61.19% of the company’s stock.

About Global Net Lease

Global Net Lease, Inc (NYSE:GNL) is a real estate investment trust that owns and manages a diversified portfolio of commercial properties subject to long-term, net leases. Under these arrangements, tenants generally pay property operating expenses such as taxes, insurance and maintenance, which can provide the company with relatively predictable rental income.

The company invests primarily in single-tenant office, industrial and retail properties leased to corporate and other commercial tenants.