Global Net Lease (NYSE:GNL) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Global Net Lease, Inc. (NYSE:GNL)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.32 and traded as low as $8.77. Global Net Lease shares last traded at $8.8250, with a volume of 2,621,405 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on GNL shares. Huntington started coverage on Global Net Lease in a research note on Wednesday. They issued a “market perform” rating and a $10.00 price objective for the company. Wall Street Zen lowered Global Net Lease from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Finally, BMO Capital Markets cut Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price for the company. in a report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $10.33.

Global Net Lease Stock Performance

The stock has a market capitalization of $2.00 billion, a PE ratio of -23.59 and a beta of 1.02. The stock has a fifty day moving average of $9.21 and a 200-day moving average of $9.33. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.78.

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

Global Net Lease Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Monday, July 13th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Monday, July 13th. Global Net Lease’s dividend payout ratio is presently -190.00%.

Institutional Investors Weigh In On Global Net Lease

A number of hedge funds and other institutional investors have recently modified their holdings of GNL. Lloyd Advisory Services LLC. purchased a new position in Global Net Lease in the fourth quarter valued at $28,000. Aventura Private Wealth LLC purchased a new stake in Global Net Lease during the 4th quarter worth about $44,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Global Net Lease by 180.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock worth $45,000 after buying an additional 3,830 shares during the last quarter. Ameriflex Group Inc. boosted its position in shares of Global Net Lease by 43.3% during the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 1,761 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Global Net Lease by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 1,412 shares during the last quarter. 61.19% of the stock is currently owned by institutional investors and hedge funds.

About Global Net Lease

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.