Global Net Lease, Inc. (NYSE:GNL) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Global Net Lease, Inc. (NYSE:GNL) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $9.60.

GNL has been the subject of a number of recent analyst reports. Wall Street Zen upgraded Global Net Lease from a “sell” rating to a “hold” rating in a research note on Saturday, December 20th. Citizens Jmp increased their price target on shares of Global Net Lease from $9.00 to $10.00 and gave the company a “market outperform” rating in a research report on Monday. Finally, Citigroup reissued an “outperform” rating on shares of Global Net Lease in a research report on Monday.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Eastern Bank bought a new stake in shares of Global Net Lease in the 3rd quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new position in Global Net Lease in the 2nd quarter worth $32,000. Aventura Private Wealth LLC purchased a new position in Global Net Lease in the 4th quarter worth $44,000. GAMMA Investing LLC lifted its stake in Global Net Lease by 100.6% in the second quarter. GAMMA Investing LLC now owns 5,487 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 2,752 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Global Net Lease by 180.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock valued at $45,000 after buying an additional 3,830 shares during the period. Institutional investors own 61.19% of the company’s stock.

Global Net Lease Price Performance

Shares of NYSE GNL opened at $8.96 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.15 and a current ratio of 0.15. The firm’s 50-day simple moving average is $8.24 and its 200 day simple moving average is $7.88. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of -6.26 and a beta of 1.13. Global Net Lease has a fifty-two week low of $6.51 and a fifty-two week high of $9.03.

Global Net Lease (NYSE:GNL) last posted its earnings results on Wednesday, November 5th. The financial services provider reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. The company had revenue of $121.01 million for the quarter, compared to analyst estimates of $118.86 million. Global Net Lease had a negative return on equity of 10.27% and a negative net margin of 48.52%.Global Net Lease has set its FY 2025 guidance at 0.950-0.970 EPS. As a group, research analysts anticipate that Global Net Lease will post 1.26 earnings per share for the current fiscal year.

Global Net Lease Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, January 12th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend is Monday, January 12th. Global Net Lease’s dividend payout ratio (DPR) is currently -53.15%.

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.