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

Global Net Lease, Inc. (NYSE:GNLGet Free Report) has been given an average recommendation of “Buy” by the six research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $10.40.

Several equities research analysts recently weighed in on GNL shares. Wall Street Zen lowered Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. BMO Capital Markets lowered Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price objective for the company. in a report on Friday, April 17th.

View Our Latest Analysis on Global Net Lease

Institutional Investors Weigh In On Global Net Lease

Large investors have recently added to or reduced their stakes in the company. Miller Global Investments LLC purchased a new position in shares of Global Net Lease during the fourth quarter worth about $1,277,000. Aberdeen Group plc grew its holdings in shares of Global Net Lease by 86.9% during the third quarter. Aberdeen Group plc now owns 241,385 shares of the financial services provider’s stock worth $1,949,000 after purchasing an additional 112,203 shares in the last quarter. Waterfall Asset Management LLC grew its holdings in shares of Global Net Lease by 71.1% during the third quarter. Waterfall Asset Management LLC now owns 342,259 shares of the financial services provider’s stock worth $2,783,000 after purchasing an additional 142,259 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Global Net Lease by 18.6% during the third quarter. Public Sector Pension Investment Board now owns 775,172 shares of the financial services provider’s stock worth $6,302,000 after purchasing an additional 121,663 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of Global Net Lease by 71.6% during the fourth quarter. Teacher Retirement System of Texas now owns 355,766 shares of the financial services provider’s stock worth $3,060,000 after purchasing an additional 148,452 shares in the last quarter. Hedge funds and other institutional investors own 61.19% of the company’s stock.

Global Net Lease Trading Down 0.8%

Shares of Global Net Lease stock opened at $9.49 on Thursday. Global Net Lease has a 1 year low of $6.77 and a 1 year high of $10.04. The firm has a market cap of $2.01 billion, a PE ratio of -23.71 and a beta of 1.01. The stock has a fifty day moving average price of $9.40 and a 200-day moving average price of $9.18. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11.

Global Net Lease (NYSE:GNLGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.18). Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.The firm had revenue of $109.29 million during the quarter, compared to analysts’ expectations of $112.37 million. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Monday, April 13th were issued a $0.19 dividend. The ex-dividend date of this dividend was Monday, April 13th. This represents a $0.76 annualized dividend and a yield of 8.0%. Global Net Lease’s dividend payout ratio (DPR) is -190.00%.

Global Net Lease Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Global Net Lease (NYSE:GNL)

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