Global Net Lease (NYSE:GNL) Reaches New 1-Year Low – Time to Sell?

Global Net Lease, Inc. (NYSE:GNL) reached a new 52-week low during trading on Tuesday. The stock traded as low as $7.05 and last traded at $7.0550, with a volume of 764,973 shares. The stock had previously closed at $7.14.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GNL. Citizens Jmp restated a “market outperform” rating and set a $10.00 price target on shares of Global Net Lease in a research note on Monday, August 31st. BMO Capital Markets raised 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 note on Monday, August 17th. Finally, Huntington began coverage on Global Net Lease in a report 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 issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $10.25.

Global Net Lease Stock Performance

The company has a market cap of $1.48 billion, a price-to-earnings ratio of -24.98 and a beta of 1.05. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.94. The stock has a 50 day moving average price of $8.47 and a two-hundred day moving average price of $9.10.

Global Net Lease (NYSE:GNL) last released its earnings results 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 return on equity of 1.00% and a negative net margin of 2.94%. 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 firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, October 12th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 10.9%. The ex-dividend date was Friday, October 9th. Global Net Lease’s payout ratio is presently -271.43%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GNL. Integrated Wealth Concepts LLC bought a new position in shares of Global Net Lease in the second quarter valued at approximately $51,000. Parallel Advisors LLC increased its position in 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 worth $82,000 after buying an additional 3,746 shares during the last quarter. Krilogy Financial LLC grew its stake in shares of Global Net Lease by 15.8% during the 3rd quarter. Krilogy Financial LLC now owns 12,457 shares of the financial services provider’s stock worth $97,000 after acquiring an additional 1,696 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Global Net Lease during the 2nd quarter worth $114,000. Finally, Kathmere Capital Management LLC purchased a new position in shares of Global Net Lease in the first quarter worth about $115,000. Hedge funds and other 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.