Global Ship Lease (NYSE:GSL – Get Free Report) is expected to announce its Q3 2026 results before the market opens on Monday, November 9th. Analysts expect Global Ship Lease to post earnings of $2.46 per share and revenue of $189.00 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Monday, November 9, 2026 at 10:30 AM ET.
Global Ship Lease (NYSE:GSL – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The shipping company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.06. Global Ship Lease had a net margin of 49.10% and a return on equity of 19.92%. The firm had revenue of $198.69 million for the quarter, compared to analyst estimates of $186.85 million. During the same quarter in the previous year, the business posted $2.67 EPS. The firm’s revenue was up 3.9% compared to the same quarter last year. On average, analysts expect Global Ship Lease to post $9.62 EPS for the current fiscal year and $10.10 EPS for the next fiscal year.
Global Ship Lease Stock Performance
Shares of GSL stock opened at $41.72 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.13 and a quick ratio of 2.06. The company’s fifty day moving average price is $44.20 and its two-hundred day moving average price is $40.50. The firm has a market capitalization of $1.50 billion, a P/E ratio of 4.01 and a beta of 1.03. Global Ship Lease has a 12 month low of $30.58 and a 12 month high of $46.57.
Insider Buying and Selling
In other Global Ship Lease news, CEO Thomas Lister sold 30,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $44.26, for a total transaction of $1,327,800.00. Following the sale, the chief executive officer owned 15,934 shares in the company, valued at approximately $705,238.84. The trade was a 65.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Anastasios Psaropoulos sold 48,330 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $45.02, for a total transaction of $2,175,816.60. Following the sale, the chief financial officer owned 68,698 shares in the company, valued at $3,092,783.96. This represents a 41.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 91,692 shares of company stock worth $4,104,852 in the last quarter.
Analyst Ratings Changes
A number of equities analysts recently issued reports on GSL shares. Wall Street Zen lowered shares of Global Ship Lease from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research upgraded shares of Global Ship Lease from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Global Ship Lease in a research note on Thursday, October 15th. B. Riley Financial boosted their target price on Global Ship Lease from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Jefferies Financial Group boosted their target price on Global Ship Lease from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One 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 stock. Based on data from MarketBeat.com, Global Ship Lease currently has a consensus rating of “Buy” and an average target price of $51.00.
Read Our Latest Report on Global Ship Lease
Global Ship Lease Company Profile
Global Ship Lease, Inc (NYSE:GSL) is a containership owner and chartering company. It owns and manages a fleet of mid-sized and smaller containerships, which are vessels designed to transport containerized cargo such as manufactured goods, consumer products and industrial materials.
The company primarily generates revenue by chartering its vessels to container shipping companies under fixed-rate time charter agreements. Its customers operate liner services that connect major ports and trade routes worldwide, allowing Global Ship Lease to participate in global seaborne commerce while its charterers manage cargo transportation and logistics.
Global Ship Lease was founded in 2007 and completed its initial public offering in 2008.
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