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

Shares of Global Net Lease, Inc. (NYSE:GNL) have received a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $10.40.

A number of research analysts have commented on GNL shares. BMO Capital Markets cut shares of 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 report on Friday, April 17th. Wall Street Zen lowered shares of Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th.

Institutional Trading of Global Net Lease

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

Global Net Lease Trading Down 0.1%

Shares of GNL stock opened at $9.21 on Monday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.78. The business has a 50-day moving average price of $9.28 and a two-hundred day moving average price of $9.30. Global Net Lease has a 12-month low of $6.77 and a 12-month high of $10.04. The firm has a market cap of $1.95 billion, a P/E ratio of -23.01 and a beta of 1.02.

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

Global Net Lease Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Monday, July 13th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is presently -190.00%.

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.