
Global Ship Lease, Inc. (NYSE:GSL – Free Report) – Equities researchers at B. Riley upped their Q3 2025 earnings per share (EPS) estimates for Global Ship Lease in a note issued to investors on Thursday, October 2nd. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings of $2.27 per share for the quarter, up from their previous estimate of $2.23. The consensus estimate for Global Ship Lease’s current full-year earnings is $9.74 per share.
Global Ship Lease (NYSE:GSL – Get Free Report) last posted its earnings results on Tuesday, August 5th. The shipping company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.52. The company had revenue of $191.86 million for the quarter, compared to the consensus estimate of $177.98 million. Global Ship Lease had a return on equity of 24.81% and a net margin of 53.09%.
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Global Ship Lease Stock Down 2.2%
Global Ship Lease stock opened at $29.25 on Monday. Global Ship Lease has a twelve month low of $17.73 and a twelve month high of $33.08. The business has a fifty day moving average of $30.64 and a two-hundred day moving average of $26.48. The company has a quick ratio of 1.94, a current ratio of 2.01 and a debt-to-equity ratio of 0.37. The firm has a market cap of $1.05 billion, a P/E ratio of 2.72 and a beta of 1.20.
Institutional Trading of Global Ship Lease
Large investors have recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC bought a new position in shares of Global Ship Lease during the 2nd quarter worth approximately $68,680,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Global Ship Lease during the first quarter worth $13,304,000. CSM Advisors LLC acquired a new stake in shares of Global Ship Lease during the second quarter worth $11,057,000. Lonestar Capital Management LLC acquired a new position in Global Ship Lease in the second quarter valued at about $5,262,000. Finally, SG Americas Securities LLC raised its stake in Global Ship Lease by 182.9% in the first quarter. SG Americas Securities LLC now owns 180,858 shares of the shipping company’s stock valued at $4,133,000 after purchasing an additional 116,917 shares in the last quarter. 50.08% of the stock is owned by institutional investors.
Global Ship Lease Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, September 24th were issued a $0.5469 dividend. This is an increase from Global Ship Lease’s previous quarterly dividend of $0.53. This represents a $2.19 dividend on an annualized basis and a dividend yield of 7.5%. Global Ship Lease’s payout ratio is presently 19.50%.
About Global Ship Lease
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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