Analysts Set Global Net Lease, Inc. (NYSE:GNL) PT at $10.33

Global Net Lease, Inc. (NYSE:GNL) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $10.00.

GNL has been the topic of a number of analyst reports. BMO Capital Markets lowered 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 report on Friday, April 17th. Huntington began coverage on shares of Global Net Lease in a report on Wednesday, July 15th. They issued a “market perform” rating and a $10.00 price target on the stock.

Global Net Lease Price Performance

Global Net Lease stock opened at $9.09 on Friday. Global Net Lease has a 52 week low of $6.80 and a 52 week high of $10.04. The company’s 50 day moving average price is $9.09 and its two-hundred day moving average price is $9.33. 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 stock has a market cap of $1.93 billion, a P/E ratio of -32.46 and a beta of 1.02.

Global Net Lease (NYSE:GNL) last released its earnings results on Wednesday, August 5th. The financial services provider reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05). Global Net Lease had a negative net margin of 2.94% and a negative return on equity of 0.98%. The firm had revenue of $112.47 million for the quarter, compared to analysts’ expectations of $109.68 million. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, July 13th were issued a $0.19 dividend. 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 dividend payout ratio is presently -190.00%.

Institutional Trading of Global Net Lease

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lloyd Advisory Services LLC. purchased a new position in Global Net Lease in the 4th quarter worth about $28,000. Northwestern Mutual Wealth Management Co. grew its stake 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 in the last quarter. Ameriflex Group Inc. increased its position in shares of Global Net Lease by 43.3% during the fourth quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 1,761 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position 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 worth $51,000 after acquiring an additional 1,412 shares during the period. Finally, Focus Partners Wealth bought a new stake in shares of Global Net Lease during the third quarter valued at approximately $61,000. 61.19% of the stock is owned by hedge funds and other institutional investors.

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.