Global Net Lease (NYSE:GNL) Releases Earnings Results, Meets Expectations

Global Net Lease (NYSE:GNLGet Free Report) released its quarterly earnings results on Wednesday. The financial services provider reported ($0.05) EPS for the quarter, hitting analysts’ consensus estimates of ($0.05), Zacks reports. The business had revenue of $112.47 million for the quarter, compared to analyst estimates of $109.68 million. Global Net Lease had a negative net margin of 8.72% and a negative return on equity of 2.90%. Global Net Lease updated its FY 2026 guidance to 0.820-0.850 EPS.

Global Net Lease Price Performance

Shares of Global Net Lease stock traded up $0.47 during trading on Thursday, reaching $9.09. 3,890,274 shares of the company’s stock were exchanged, compared to its average volume of 2,182,373. 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 has a 1-year low of $6.80 and a 1-year high of $10.04. The company has a market cap of $1.93 billion, a P/E ratio of -22.72 and a beta of 1.02. The firm’s 50-day moving average price is $9.10 and its 200 day moving average price is $9.34.

Global Net Lease Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, July 13th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.4%. Global Net Lease’s payout ratio is -190.00%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ameriflex Group Inc. boosted its holdings 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 acquiring an additional 1,761 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Global Net Lease by 68.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 27,635 shares of the financial services provider’s stock worth $238,000 after purchasing an additional 11,256 shares in the last quarter. XTX Topco Ltd increased its holdings in Global Net Lease by 680.5% in the 4th quarter. XTX Topco Ltd now owns 143,783 shares of the financial services provider’s stock worth $1,237,000 after purchasing an additional 125,362 shares in the last quarter. VestGen Advisors LLC bought a new position in Global Net Lease in the fourth quarter valued at about $198,000. Finally, Man Group plc boosted its stake in shares of Global Net Lease by 104.2% during the fourth quarter. Man Group plc now owns 72,217 shares of the financial services provider’s stock valued at $621,000 after purchasing an additional 36,853 shares in the last quarter. Institutional investors and hedge funds own 61.19% of the company’s stock.

Analysts Set New Price Targets

GNL has been the subject of a number of analyst reports. BMO Capital Markets downgraded shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target for the company. in a research report on Friday, April 17th. Huntington initiated coverage on Global Net Lease in a research report on Wednesday, July 15th. They set a “market perform” rating and a $10.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.33.

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About Global Net Lease

(Get Free Report)

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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Earnings History for Global Net Lease (NYSE:GNL)

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