Global Net Lease Inc. (NYSE:GNL) – Investment analysts at FBR & Co cut their Q1 2017 earnings per share estimates for Global Net Lease in a research note issued on Thursday. FBR & Co analyst D. Corak now anticipates that the brokerage will earn $0.18 per share for the quarter, down from their previous estimate of $0.20. FBR & Co has a “Hold” rating and a $8.15 price target on the stock. FBR & Co also issued estimates for Global Net Lease’s Q2 2017 earnings at $0.19 EPS, Q3 2017 earnings at $0.20 EPS, Q4 2017 earnings at $0.20 EPS, FY2017 earnings at $0.78 EPS and FY2018 earnings at $0.83 EPS.

Earnings History and Estimates for Global Net Lease (NYSE:GNL)

Global Net Lease (NYSE:GNL) opened at 7.51 on Friday. The stock has a market cap of $1.28 billion, a P/E ratio of 30.04 and a beta of 0.61. The company has a 50 day moving average of $7.65 and a 200-day moving average of $8.17. Global Net Lease has a 12-month low of $5.77 and a 12-month high of $9.10.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 8th will be issued a dividend of $0.0592 per share. The ex-dividend date of this dividend is Tuesday, December 6th. This represents a $0.71 annualized dividend and a dividend yield of 9.45%. Global Net Lease’s dividend payout ratio (DPR) is currently 284.00%.

Global Net Lease Company Profile

Global Net Lease, Inc is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Company focuses its investments on commercial and retail properties, including special use single tenant properties.

5 Day Chart for NYSE:GNL

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