Global Net Lease, Inc. (NYSE:GNL) Given Consensus Rating of “Moderate Buy” by Analysts

Global Net Lease, Inc. (NYSE:GNL) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $10.3333.

Several analysts have weighed in on GNL shares. Huntington initiated coverage on Global Net Lease in a research note on Wednesday, July 15th. They set a “market perform” rating and a $10.00 target price on the stock. BMO Capital Markets cut Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target for the company. in a research note on Friday, April 17th.

Hedge Funds Weigh In On Global Net Lease

Several large investors have recently bought and sold shares of the stock. Corient Private Wealth LLC increased its stake in Global Net Lease by 4,854.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,263,808 shares of the financial services provider’s stock valued at $17,092,000 after buying an additional 2,218,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Global Net Lease in the 3rd quarter worth approximately $15,933,000. Conversant Capital LLC lifted its stake in shares of Global Net Lease by 69.9% in the 2nd quarter. Conversant Capital LLC now owns 4,343,500 shares of the financial services provider’s stock worth $32,793,000 after acquiring an additional 1,786,902 shares during the period. Marshall Wace LLP bought a new position in shares of Global Net Lease in the second quarter valued at approximately $7,525,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Global Net Lease by 533.8% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,064,250 shares of the financial services provider’s stock valued at $8,652,000 after acquiring an additional 896,322 shares in the last quarter. Institutional investors and hedge funds own 61.19% of the company’s stock.

Global Net Lease Price Performance

Shares of NYSE:GNL opened at $8.80 on Friday. The firm’s 50 day moving average is $9.16 and its two-hundred day moving average is $9.35. Global Net Lease has a 52 week low of $6.77 and a 52 week high of $10.04. The firm has a market capitalization of $1.87 billion, a P/E ratio of -22.01 and a beta of 1.02. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78.

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

Global Net Lease Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Monday, July 13th were issued a $0.19 dividend. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.76 annualized dividend and a yield of 8.6%. Global Net Lease’s dividend payout ratio 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.