Global Net Lease (NYSE:GNL) Issues Earnings Results, Beats Expectations By $0.01 EPS

Global Net Lease (NYSE:GNL) announced its quarterly earnings results on Wednesday. The financial services provider reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01, FiscalAI reports. The company had revenue of $112.47 million during the quarter, compared to analyst estimates of $109.68 million. Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%. Global Net Lease updated its FY 2026 guidance to 0.820-0.850 EPS.

Global Net Lease Stock Up 0.9%

NYSE:GNL traded up $0.08 during mid-day trading on Wednesday, hitting $8.65. 2,804,462 shares of the company’s stock were exchanged, compared to its average volume of 2,268,719. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11. The company has a market cap of $1.83 billion, a PE ratio of -21.62 and a beta of 1.02. The business has a fifty day moving average price of $9.10 and a 200 day moving average price of $9.34. Global Net Lease has a one year low of $6.77 and a one year high of $10.04.

Global Net Lease Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Monday, July 13th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend was Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is -190.00%.

Hedge Funds Weigh In On Global Net Lease

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GNL. Charles Schwab Investment Management Inc. increased its holdings in Global Net Lease by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,383,399 shares of the financial services provider’s stock worth $37,697,000 after buying an additional 28,112 shares in the last quarter. Conversant Capital LLC raised its stake in shares of Global Net Lease by 69.9% in the second quarter. Conversant Capital LLC now owns 4,343,500 shares of the financial services provider’s stock worth $32,793,000 after buying an additional 1,786,902 shares during the period. Helix Partners Management LP lifted its holdings in Global Net Lease by 2.9% during the fourth quarter. Helix Partners Management LP now owns 3,600,000 shares of the financial services provider’s stock valued at $30,960,000 after purchasing an additional 100,000 shares in the last quarter. Invesco Ltd. boosted its holdings in Global Net Lease by 8.1% in the 3rd quarter. Invesco Ltd. now owns 3,169,478 shares of the financial services provider’s stock worth $25,768,000 after buying an additional 238,217 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Global Net Lease by 5.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,799,810 shares of the financial services provider’s stock worth $22,762,000 after purchasing an additional 138,931 shares in the last quarter. 61.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Huntington started 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 objective for the company. 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 research note on Friday, April 17th. One investment 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $10.33.

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.