Brokerages Set Global Net Lease, Inc. (NYSE:GNL) Target Price at $10.25

Shares of Global Net Lease, Inc. (NYSE:GNL) have earned a consensus rating of “Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $10.25.

Several research analysts have recently issued reports on the company. BMO Capital Markets raised Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 price objective for the company in a research note on Monday, August 17th. Citizens Jmp reaffirmed a “market outperform” rating and set a $10.00 target price on shares of Global Net Lease in a research note on Monday, August 31st. Finally, Huntington started coverage on shares of Global Net Lease in a research report on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price objective for the company.

Hedge Funds Weigh In On Global Net Lease

Several institutional investors have recently made changes to their positions in the stock. Arrow Investment Advisors LLC lifted its position in 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 valued at $241,000 after acquiring an additional 1,518 shares in the last quarter. Essex Financial Services Inc. increased its holdings in Global Net Lease by 9.6% during the 1st quarter. Essex Financial Services Inc. now owns 18,005 shares of the financial services provider’s stock worth $169,000 after purchasing an additional 1,577 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Global Net Lease by 11.8% in the first quarter. Geneos Wealth Management Inc. now owns 17,258 shares of the financial services provider’s stock worth $162,000 after purchasing an additional 1,821 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Global Net Lease by 8.2% in the second quarter. QRG Capital Management Inc. now owns 26,667 shares of the financial services provider’s stock valued at $238,000 after purchasing an additional 2,025 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Global Net Lease during the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 61.19% of the company’s stock.

Global Net Lease Stock Performance

Shares of Global Net Lease stock opened at $8.68 on Friday. The company’s 50 day moving average price is $9.00 and its two-hundred day moving average price is $9.20. The firm has a market capitalization of $1.83 billion, a P/E ratio of -30.98 and a beta of 1.04. Global Net Lease has a fifty-two week low of $7.48 and a fifty-two week high of $10.04. 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 issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.05). Global Net Lease had a negative return on equity of 1.00% and a negative net margin of 2.94%.The business had revenue of $112.47 million for the quarter, compared to analyst estimates of $109.68 million. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Company Profile

Global Net Lease, Inc (NYSE:GNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties leased primarily under long-term, net lease agreements. Under these arrangements, tenants generally assume responsibility for many property-level expenses, such as maintenance, insurance and taxes.

The company’s portfolio includes office, industrial and retail properties occupied by a range of corporate and commercial tenants. Global Net Lease focuses on properties that generate recurring rental income and typically seeks locations leased to creditworthy tenants under contractual lease terms.

Global Net Lease invests in properties across the United States and Europe.