Global Net Lease (NYSE:GNL – Get Free Report) issued its earnings results on Tuesday. The financial services provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.18), FiscalAI reports. Global Net Lease had a negative return on equity of 2.83% and a negative net margin of 8.72%.The firm had revenue of $109.29 million during the quarter, compared to analysts’ expectations of $112.37 million. Global Net Lease updated its FY 2026 guidance to 0.800-0.840 EPS.
Global Net Lease Stock Performance
Shares of GNL stock opened at $9.02 on Thursday. The business’s fifty day simple moving average is $9.45 and its 200-day simple moving average is $8.90. Global Net Lease has a 12-month low of $6.77 and a 12-month high of $10.04. The company has a market cap of $1.92 billion, a PE ratio of -22.56 and a beta of 1.03. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.19.
Global Net Lease Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Monday, April 13th were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 8.4%. The ex-dividend date was Monday, April 13th. Global Net Lease’s payout ratio is -63.87%.
Institutional Investors Weigh In On Global Net Lease
Wall Street Analyst Weigh In
Several research firms recently weighed in on GNL. Cantor Fitzgerald upgraded Global Net Lease to a “strong-buy” rating in a report on Wednesday, February 4th. Citizens Jmp increased their target price on shares of Global Net Lease from $9.00 to $10.00 and gave the stock a “market outperform” rating in a report on Monday, January 12th. BMO Capital Markets downgraded shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price 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. Finally, Citigroup restated an “outperform” rating on shares of Global Net Lease in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $10.40.
Check Out Our Latest Report on Global Net Lease
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.
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