Global Ship Lease (NYSE:GSL) Hits New 52-Week High – Still a Buy?

Posted by George Bondi on Aug 26th, 2026

Shares of Global Ship Lease, Inc. (NYSE:GSL – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $44.80 and last traded at $44.3580, with a volume of 69306 shares. The stock had previously closed at $43.83.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on GSL shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Global Ship Lease in a report on Friday, July 17th. Jefferies Financial Group lifted their price objective on Global Ship Lease from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Fearnley Fonds raised Global Ship Lease from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. B. Riley Financial increased their target price on Global Ship Lease from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Zacks Research raised shares of Global Ship Lease from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Global Ship Lease presently has a consensus rating of “Buy” and an average target price of $51.00.

View Our Latest Research Report on GSL

Global Ship Lease Trading Up 1.5%

The firm has a market cap of $1.63 billion, a PE ratio of 4.36 and a beta of 0.90. The company has a quick ratio of 2.06, a current ratio of 2.13 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average price is $41.17 and its two-hundred day moving average price is $39.65.

Global Ship Lease (NYSE:GSL – Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $186.85 million. During the same period in the previous year, the company earned $2.67 EPS. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Global Ship Lease, Inc. will post 9.62 EPS for the current year.

Global Ship Lease Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 21st will be issued a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, August 21st. Global Ship Lease’s dividend payout ratio is presently 24.04%.

Hedge Funds Weigh In On Global Ship Lease

Hedge funds have recently bought and sold shares of the business. Ameritas Advisory Services LLC purchased a new stake in Global Ship Lease in the second quarter worth $103,000. Secure Asset Management LLC purchased a new stake in shares of Global Ship Lease during the second quarter valued at $212,000. Navellier & Associates Inc. purchased a new stake in shares of Global Ship Lease during the second quarter valued at $1,857,000. Public Employees Retirement System of Ohio bought a new position in shares of Global Ship Lease in the second quarter worth about $4,210,000. Finally, Pinnacle Holdings LLC bought a new position in shares of Global Ship Lease in the second quarter worth about $80,000. Institutional investors own 50.08% of the company’s stock.

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.