Global Net Lease, Inc. (NYSE:GNL) Receives Average Rating of “Buy” from Analysts

Global Net Lease, Inc. (NYSE:GNL) has earned a consensus recommendation of “Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $10.40.

Several research firms have issued reports on GNL. Wall Street Zen downgraded Global Net Lease from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. BMO Capital Markets downgraded Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target on the stock. in a research note on Friday, April 17th. Finally, Cantor Fitzgerald raised Global Net Lease to a “strong-buy” rating in a research note on Wednesday, February 4th.

Global Net Lease Stock Performance

Shares of Global Net Lease stock opened at $9.24 on Friday. The company has a market capitalization of $1.96 billion, a PE ratio of -23.09 and a beta of 1.03. Global Net Lease has a 12 month low of $6.77 and a 12 month high of $10.04. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78. The stock’s fifty day simple moving average is $9.39 and its 200 day simple moving average is $8.97.

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

Global Net Lease Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Monday, April 13th were paid a $0.19 dividend. The ex-dividend date of this dividend was Monday, April 13th. This represents a $0.76 annualized dividend and a dividend yield of 8.2%. Global Net Lease’s dividend payout ratio (DPR) is currently -190.00%.

Institutional Trading of Global Net Lease

Several hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in shares of Global Net Lease by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,383,399 shares of the financial services provider’s stock valued at $37,697,000 after purchasing an additional 28,112 shares during the period. Conversant Capital LLC grew its holdings in shares of Global Net Lease by 69.9% in the 2nd quarter. Conversant Capital LLC now owns 4,343,500 shares of the financial services provider’s stock valued at $32,793,000 after acquiring an additional 1,786,902 shares in the last quarter. Helix Partners Management LP grew its holdings in shares of Global Net Lease by 2.9% in the 4th quarter. Helix Partners Management LP now owns 3,600,000 shares of the financial services provider’s stock valued at $30,960,000 after acquiring an additional 100,000 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Global Net Lease by 8.1% in the 3rd quarter. Invesco Ltd. now owns 3,169,478 shares of the financial services provider’s stock valued at $25,768,000 after acquiring an additional 238,217 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Global Net Lease by 14.4% in the 4th quarter. Hsbc Holdings PLC now owns 3,151,749 shares of the financial services provider’s stock valued at $27,246,000 after acquiring an additional 397,854 shares in the last quarter. Institutional investors and hedge funds own 61.19% of the company’s stock.

Global Net Lease Company Profile

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.