Global Ship Lease, Inc. (NYSE:GSL – Free Report) – Equities research analysts at B. Riley decreased their Q2 2025 earnings estimates for Global Ship Lease in a research note issued on Monday, May 19th. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings per share of $2.16 for the quarter, down from their previous estimate of $2.40. The consensus estimate for Global Ship Lease’s current full-year earnings is $9.74 per share. B. Riley also issued estimates for Global Ship Lease’s Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $2.38 EPS and FY2025 earnings at $9.44 EPS.
Several other research analysts also recently commented on GSL. Clarkson Capital raised shares of Global Ship Lease from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 19th. StockNews.com cut shares of Global Ship Lease from a “buy” rating to a “hold” rating in a report on Wednesday, May 14th. Finally, Jefferies Financial Group lifted their price target on shares of Global Ship Lease from $28.00 to $30.00 and gave the company a “buy” rating in a report on Monday.
Global Ship Lease Stock Down 2.9%
Shares of NYSE GSL opened at $25.62 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.64 and a debt-to-equity ratio of 0.38. Global Ship Lease has a 52 week low of $17.73 and a 52 week high of $30.32. The firm’s fifty day moving average is $21.90 and its 200 day moving average is $22.15. The company has a market cap of $908.15 million, a price-to-earnings ratio of 2.84 and a beta of 1.10.
Global Ship Lease (NYSE:GSL – Get Free Report) last posted its quarterly earnings results on Monday, May 19th. The shipping company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.27 by $0.38. The firm had revenue of $190.98 million for the quarter, compared to the consensus estimate of $171.73 million. Global Ship Lease had a net margin of 46.38% and a return on equity of 27.88%. During the same period last year, the firm posted $2.53 earnings per share.
Global Ship Lease Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date is Friday, May 23rd. This is a boost from Global Ship Lease’s previous quarterly dividend of $0.45. Global Ship Lease’s payout ratio is 19.83%.
Institutional Trading of Global Ship Lease
Hedge funds have recently modified their holdings of the business. DGS Capital Management LLC boosted its holdings in shares of Global Ship Lease by 125.1% during the 4th quarter. DGS Capital Management LLC now owns 46,158 shares of the shipping company’s stock valued at $1,008,000 after buying an additional 25,651 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Global Ship Lease during the 4th quarter valued at $37,000. Donald Smith & CO. Inc. boosted its stake in Global Ship Lease by 69.0% in the 4th quarter. Donald Smith & CO. Inc. now owns 3,139,470 shares of the shipping company’s stock worth $68,535,000 after purchasing an additional 1,281,941 shares in the last quarter. Raymond James Financial Inc. bought a new position in Global Ship Lease in the 4th quarter worth about $633,000. Finally, Stifel Financial Corp bought a new position in Global Ship Lease in the 4th quarter worth about $342,000. Institutional investors own 50.08% of the company’s stock.
Global Ship Lease Company Profile
Global Ship Lease, Inc, together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU.
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