Q2 Earnings Estimate for GSL Issued By B. Riley

Global Ship Lease, Inc. (NYSE:GSL - Free Report) - Analysts at B. Riley issued their Q2 2025 earnings per share (EPS) estimates for shares of Global Ship Lease in a report released on Wednesday, March 5th. B. Riley analyst L. Burke anticipates that the shipping company will post earnings per share of $2.40 for the quarter. The consensus estimate for Global Ship Lease's current full-year earnings is $9.74 per share. B. Riley also issued estimates for Global Ship Lease's Q3 2025 earnings at $2.47 EPS, Q4 2025 earnings at $2.63 EPS and FY2026 earnings at $10.49 EPS.

Global Ship Lease (NYSE:GSL - Get Free Report) last announced its earnings results on Wednesday, March 5th. The shipping company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.25. Global Ship Lease had a net margin of 46.38% and a return on equity of 27.88%. The company had revenue of $182.43 million during the quarter, compared to analyst estimates of $170.71 million.

A number of other analysts also recently weighed in on GSL. StockNews.com downgraded Global Ship Lease from a "strong-buy" rating to a "buy" rating in a research report on Friday. Clarkson Capital cut shares of Global Ship Lease from a "buy" rating to a "neutral" rating and set a $27.00 target price on the stock. in a research report on Thursday, November 14th. Finally, Jefferies Financial Group restated a "buy" rating and set a $29.00 price target on shares of Global Ship Lease in a research report on Wednesday, March 5th.

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Global Ship Lease Price Performance

Shares of GSL traded up $0.44 during midday trading on Monday, reaching $23.23. The stock had a trading volume of 260,813 shares, compared to its average volume of 376,008. The company has a current ratio of 1.64, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $856.12 million, a price-to-earnings ratio of 2.56 and a beta of 1.47. The company's 50-day moving average is $22.05 and its 200 day moving average is $23.12. Global Ship Lease has a 12-month low of $19.22 and a 12-month high of $30.32.

Global Ship Lease Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were issued a dividend of $0.45 per share. The ex-dividend date was Monday, February 24th. This represents a $1.80 dividend on an annualized basis and a yield of 7.75%. Global Ship Lease's dividend payout ratio is currently 18.50%.

Institutional Investors Weigh In On Global Ship Lease

Several institutional investors have recently added to or reduced their stakes in GSL. Janney Montgomery Scott LLC raised its stake in shares of Global Ship Lease by 126.1% during the third quarter. Janney Montgomery Scott LLC now owns 90,840 shares of the shipping company's stock valued at $2,421,000 after acquiring an additional 50,660 shares during the last quarter. GSA Capital Partners LLP raised its holdings in shares of Global Ship Lease by 62.5% during the third quarter. GSA Capital Partners LLP now owns 173,391 shares of the shipping company's stock valued at $4,621,000 after acquiring an additional 66,714 shares in the last quarter. Moors & Cabot Inc. raised its holdings in Global Ship Lease by 2.2% in the 3rd quarter. Moors & Cabot Inc. now owns 33,150 shares of the shipping company's stock worth $883,000 after purchasing an additional 700 shares in the last quarter. Moran Wealth Management LLC purchased a new stake in shares of Global Ship Lease in the 3rd quarter worth about $2,894,000. Finally, Foundry Partners LLC boosted its stake in shares of Global Ship Lease by 45.2% during the 3rd quarter. Foundry Partners LLC now owns 475,956 shares of the shipping company's stock valued at $12,684,000 after purchasing an additional 148,247 shares in the last quarter. Hedge funds and other institutional investors own 50.08% of the company's stock.

About Global Ship Lease

Global Ship Lease, Inc, together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU.