Global Net Lease (NYSE:GNL – Get Free Report) issued its quarterly earnings data on Wednesday. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01, FiscalAI reports. Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.The company had revenue of $112.47 million during the quarter, compared to analysts’ expectations of $109.68 million. Global Net Lease updated its FY 2026 guidance to 0.820-0.850 EPS.
Global Net Lease Stock Performance
NYSE:GNL traded up $0.08 during mid-day trading on Wednesday, reaching $8.65. 2,804,462 shares of the company’s stock were exchanged, compared to its average volume of 2,268,719. Global Net Lease has a one year low of $6.77 and a one year high of $10.04. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.11 and a current ratio of 0.11. The business’s fifty day simple moving average is $9.10 and its two-hundred day simple moving average is $9.34. The firm has a market capitalization of $1.83 billion, a PE ratio of -21.62 and a beta of 1.02.
Global Net Lease Announces Dividend
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 currently -190.00%.
Wall Street Analyst Weigh In
Check Out Our Latest Report on GNL
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Ameriflex Group Inc. increased its holdings 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 purchasing an additional 1,761 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Global Net Lease by 1.2% in the second 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 during the period. Amundi boosted its stake in shares of Global Net Lease by 2.0% in the third quarter. Amundi now owns 101,123 shares of the financial services provider’s stock valued at $815,000 after buying an additional 1,966 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Global Net Lease by 2.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 74,170 shares of the financial services provider’s stock valued at $638,000 after buying an additional 2,109 shares during the period. Finally, Centaurus Financial Inc. grew its position in Global Net Lease by 11.6% during the third quarter. Centaurus Financial Inc. now owns 21,247 shares of the financial services provider’s stock worth $173,000 after buying an additional 2,203 shares in the last quarter. Institutional investors and hedge funds own 61.19% of the company’s stock.
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.
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