Global Net Lease, Inc. (NYSE:GNL) Receives $10.40 Consensus Target Price from Analysts

Global Net Lease, Inc. (NYSE:GNL) has received a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $10.40.

A number of research analysts have issued reports on GNL shares. BMO Capital Markets downgraded Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price objective for the company. in a research note on Friday, April 17th. Wall Street Zen downgraded Global Net Lease from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its stake 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 increased its position 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 valued at $32,793,000 after acquiring an additional 1,786,902 shares during the period. Helix Partners Management LP grew its holdings in shares of Global Net Lease by 2.9% during the 4th quarter. Helix Partners Management LP now owns 3,600,000 shares of the financial services provider’s stock worth $30,960,000 after acquiring an additional 100,000 shares during the period. Invesco Ltd. increased its stake in shares of 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 acquiring an additional 238,217 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in Global Net Lease by 14.4% during the fourth quarter. Hsbc Holdings PLC now owns 3,151,749 shares of the financial services provider’s stock valued at $27,246,000 after buying an additional 397,854 shares during the last quarter. Hedge funds and other institutional investors own 61.19% of the company’s stock.

Global Net Lease Price Performance

Shares of NYSE:GNL opened at $9.07 on Monday. Global Net Lease has a twelve month low of $6.77 and a twelve month high of $10.04. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of -22.68 and a beta of 1.02. The stock’s 50 day moving average is $9.23 and its 200-day moving average is $9.32. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.78.

Global Net Lease (NYSE:GNL) last posted its earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.18). The business had revenue of $109.29 million for the quarter, compared to the consensus estimate of $112.37 million. Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Monday, July 13th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is presently -190.00%.

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.