Global Net Lease, Inc. (NYSE:GNL) Receives $10.25 Average Price Target from Analysts

Shares of Global Net Lease, Inc. (NYSE:GNL) have received a consensus rating of “Buy” from the five analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has 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 1 year price target among analysts that have covered the stock in the last year is $10.25.

GNL has been the topic of several research analyst reports. Huntington started coverage on Global Net Lease in a research report on Wednesday, July 15th. They issued a “market perform” rating and a $10.00 price objective on the stock. BMO Capital Markets upgraded Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 price target for the company in a report on Monday, August 17th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $10.00 price objective on shares of Global Net Lease in a research note on Monday.

Global Net Lease Stock Performance

Shares of NYSE GNL opened at $9.18 on Tuesday. The stock has a market cap of $1.94 billion, a PE ratio of -32.78 and a beta of 1.02. Global Net Lease has a 1 year low of $7.48 and a 1 year high of $10.04. The firm has a fifty day moving average price of $9.01 and a 200-day moving average price of $9.28. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.16 and a quick ratio of 0.16.

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). The company had revenue of $112.47 million for the quarter, compared to analysts’ expectations of $109.68 million. Global Net Lease had a negative net margin of 2.94% and a negative return on equity of 1.00%. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Monday, July 13th were given a dividend of $0.19 per share. The ex-dividend date was Monday, July 13th. This represents a $0.76 dividend on an annualized basis and a yield of 8.3%. Global Net Lease’s payout ratio is -271.43%.

Institutional Investors Weigh In On Global Net Lease

Several hedge funds and other institutional investors have recently modified their holdings of GNL. Mirae Asset Global Investments Co. Ltd. increased its stake in Global Net Lease by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock worth $51,000 after buying an additional 1,412 shares during the period. Arrow Investment Advisors LLC raised its position in shares of Global Net Lease by 5.7% in the 4th quarter. Arrow Investment Advisors LLC now owns 27,969 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 1,518 shares in the last quarter. Essex Financial Services Inc. lifted its position in shares of Global Net Lease by 9.6% during the first quarter. Essex Financial Services Inc. now owns 18,005 shares of the financial services provider’s stock valued at $169,000 after buying an additional 1,577 shares during the last quarter. Ameriflex Group Inc. boosted its stake in Global Net Lease by 43.3% in the fourth 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. Finally, The Manufacturers Life Insurance Company increased its position in Global Net Lease by 1.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 154,190 shares of the financial services provider’s stock valued at $1,164,000 after buying an additional 1,784 shares in the last quarter. 61.19% of the stock is currently 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.