Global Net Lease, Inc. (NYSE:GNL) – Research analysts at FBR & Co issued their Q3 2017 earnings per share estimates for Global Net Lease in a research report issued on Monday. FBR & Co analyst D. Corak anticipates that the financial services provider will earn $0.52 per share for the quarter. FBR & Co currently has a “Hold” rating on the stock. FBR & Co also issued estimates for Global Net Lease’s Q4 2017 earnings at $0.53 EPS, Q1 2018 earnings at $0.56 EPS, Q2 2018 earnings at $0.53 EPS, Q3 2018 earnings at $0.55 EPS and Q4 2018 earnings at $0.54 EPS.

Other equities analysts have also issued research reports about the company. Zacks Investment Research raised Global Net Lease from a “strong sell” rating to a “hold” rating in a report on Monday, July 10th. BidaskClub raised Global Net Lease from a “sell” rating to a “hold” rating in a report on Thursday, July 6th.

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Global Net Lease (NYSE:GNL) opened at 21.76 on Wednesday. The stock has a market capitalization of $1.46 billion, a P/E ratio of 36.57 and a beta of 0.69. The stock has a 50 day moving average price of $21.81 and a 200-day moving average price of $22.22. Global Net Lease has a one year low of $20.71 and a one year high of $25.25.

Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in Global Net Lease in the first quarter valued at about $101,000. Daiwa Securities Group Inc. lifted its position in Global Net Lease by 6.6% in the second quarter. Daiwa Securities Group Inc. now owns 4,866 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 300 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Global Net Lease by 50.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,368 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 1,793 shares during the period. GAM Holding AG lifted its position in Global Net Lease by 48.6% in the second quarter. GAM Holding AG now owns 5,500 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 1,800 shares during the period. Finally, Pacad Investment Ltd. lifted its position in Global Net Lease by 89.1% in the second quarter. Pacad Investment Ltd. now owns 8,701 shares of the financial services provider’s stock valued at $194,000 after purchasing an additional 4,100 shares during the period. Institutional investors and hedge funds own 42.57% of the company’s stock.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 8th will be paid a dividend of $0.1775 per share. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $2.13 annualized dividend and a dividend yield of 9.79%. Global Net Lease’s dividend payout ratio (DPR) is 349.16%.

About Global Net Lease

Global Net Lease, Inc is a real estate investment trust. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. It owns and invests in commercial properties principally in the United States, the United Kingdom and continental Europe that are then leased to companies.

Earnings History and Estimates for Global Net Lease (NYSE:GNL)

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