Global Ship Lease (NYSE:GSL) Upgraded by Zacks Research to Hold Rating

Posted by Stanley Muller on Jul 29th, 2026

Zacks Research upgraded shares of Global Ship Lease (NYSE:GSL – Free Report) from a strong sell rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

GSL has been the topic of several other research reports. Fearnley Fonds upgraded shares of Global Ship Lease from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Global Ship Lease in a report on Friday, July 17th. Wall Street Zen raised shares of Global Ship Lease from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Finally, Jefferies Financial Group began coverage on shares of Global Ship Lease in a research report on Friday, April 24th. They issued a “buy” rating and a $45.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Global Ship Lease has an average rating of “Buy” and a consensus target price of $46.50.

Read Our Latest Research Report on Global Ship Lease

Global Ship Lease Stock Performance

Shares of GSL opened at $43.52 on Monday. The firm has a market capitalization of $1.56 billion, a P/E ratio of 4.13 and a beta of 0.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.26 and a quick ratio of 2.21. Global Ship Lease has a one year low of $27.28 and a one year high of $43.89. The business has a fifty day moving average of $39.24 and a 200 day moving average of $38.71.

Global Ship Lease (NYSE:GSL – Get Free Report) last posted its earnings results on Friday, May 22nd. The shipping company reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.16. The company had revenue of $198.08 million for the quarter, compared to the consensus estimate of $182.87 million. Global Ship Lease had a return on equity of 21.11% and a net margin of 50.01%.The business’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Global Ship Lease will post 9.5 EPS for the current year.

Global Ship Lease Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Friday, May 22nd were paid a $0.625 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.50 annualized dividend and a dividend yield of 5.7%. Global Ship Lease’s dividend payout ratio (DPR) is 23.74%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Samalin Investment Counsel LLC increased its holdings in Global Ship Lease by 1.3% in the 4th quarter. Samalin Investment Counsel LLC now owns 23,127 shares of the shipping company’s stock worth $810,000 after acquiring an additional 291 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Global Ship Lease by 1.4% during the first quarter. NewEdge Advisors LLC now owns 21,269 shares of the shipping company’s stock valued at $792,000 after purchasing an additional 296 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Global Ship Lease by 5.2% during the third quarter. Parallel Advisors LLC now owns 9,827 shares of the shipping company’s stock valued at $302,000 after purchasing an additional 485 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Global Ship Lease by 49.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,579 shares of the shipping company’s stock worth $59,000 after purchasing an additional 522 shares during the period. Finally, Moors & Cabot Inc. boosted its position in shares of Global Ship Lease by 0.7% in the third quarter. Moors & Cabot Inc. now owns 83,650 shares of the shipping company’s stock worth $2,568,000 after purchasing an additional 600 shares during the period. 50.08% of the stock is currently owned by institutional investors.

Global Ship Lease Company Profile

(Get Free Report)

Global Ship Lease (NYSE: GSL) is a Bermuda-based containership charter owner focused on acquiring, owning and leasing modern, fuel-efficient vessels to major liner operators. Founded in 2011 and listed on the New York Stock Exchange the same year, the company’s fleet primarily comprises post-Panamax containerships designed to serve the high-volume Asia–Europe and transpacific shipping lanes. By specializing in long-term charter agreements, Global Ship Lease aims to maintain stable revenue streams and minimize spot-market volatility.

The company’s business model centers on negotiating multi-year time charters with leading global shipping lines.