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

Global Net Lease, Inc. (NYSE:GNL) has been assigned an average rating of “Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $10.40.

GNL has been the topic of a number of recent research reports. BMO Capital Markets cut Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a report on Friday, April 17th. Wall Street Zen cut Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th.

Hedge Funds Weigh In On Global Net Lease

A number of large investors have recently modified their holdings of GNL. Lloyd Advisory Services LLC. purchased a new stake in shares of Global Net Lease during the 4th quarter valued at $28,000. Aventura Private Wealth LLC purchased a new stake in shares of Global Net Lease during the 4th quarter valued at $44,000. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 valued at $45,000 after purchasing an additional 3,830 shares during the last quarter. Ameriflex Group Inc. increased 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 valued at $50,000 after purchasing an additional 1,761 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Global Net Lease by 31.4% during 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 purchasing an additional 1,412 shares during the last quarter. 61.19% of the stock is currently owned by institutional investors.

Global Net Lease Price Performance

Global Net Lease stock opened at $9.49 on Thursday. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -23.71 and a beta of 1.01. Global Net Lease has a 52-week low of $6.77 and a 52-week high of $10.04. The stock’s 50 day moving average price is $9.40 and its two-hundred day moving average price is $9.18. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.11 and a current ratio of 0.11.

Global Net Lease (NYSE:GNL) last posted its quarterly earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.18). The business had revenue of $109.29 million for the quarter, compared to the consensus estimate 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Monday, April 13th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Monday, April 13th. Global Net Lease’s dividend payout ratio (DPR) is currently -190.00%.

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.