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NYSE:GSL

Global Ship Lease (GSL) Stock Price, News & Analysis

Global Ship Lease logo
$22.11 +0.31 (+1.42%)
(As of 12/24/2024 04:45 PM ET)

About Global Ship Lease Stock (NYSE:GSL)

Key Stats

Today's Range
$21.70
$22.35
50-Day Range
$21.21
$25.04
52-Week Range
$18.75
$30.32
Volume
146,439 shs
Average Volume
540,447 shs
Market Capitalization
$814.97 million
P/E Ratio
2.45
Dividend Yield
8.14%
Price Target
$28.00
Consensus Rating
Moderate Buy

Company Overview

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. The company was founded in 2007 and is based in Athens, Greece.

Global Ship Lease Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
80th Percentile Overall Score

GSL MarketRank™: 

Global Ship Lease scored higher than 80% of companies evaluated by MarketBeat, and ranked 41st out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Global Ship Lease has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Global Ship Lease has only been the subject of 2 research reports in the past 90 days.

  • Read more about Global Ship Lease's stock forecast and price target.
  • Earnings Growth

    Earnings for Global Ship Lease are expected to decrease by -11.78% in the coming year, from $9.85 to $8.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Global Ship Lease is 2.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Global Ship Lease is 2.45, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.12.

  • Price to Book Value per Share Ratio

    Global Ship Lease has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.16% of the float of Global Ship Lease has been sold short.
  • Short Interest Ratio / Days to Cover

    Global Ship Lease has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Global Ship Lease has recently decreased by 3.74%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Global Ship Lease is a leading dividend payer. It pays a dividend yield of 8.28%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Global Ship Lease does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Global Ship Lease is 19.93%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Global Ship Lease will have a dividend payout ratio of 20.71% next year. This indicates that Global Ship Lease will be able to sustain or increase its dividend.

  • Read more about Global Ship Lease's dividend.
  • Percentage of Shares Shorted

    3.16% of the float of Global Ship Lease has been sold short.
  • Short Interest Ratio / Days to Cover

    Global Ship Lease has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Global Ship Lease has recently decreased by 3.74%, indicating that investor sentiment is improving.
  • News Sentiment

    Global Ship Lease has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Global Ship Lease this week, compared to 3 articles on an average week.
  • Search Interest

    Only 7 people have searched for GSL on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Global Ship Lease to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Global Ship Lease insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.40% of the stock of Global Ship Lease is held by insiders.

  • Percentage Held by Institutions

    50.08% of the stock of Global Ship Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Global Ship Lease's insider trading history.
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GSL Stock News Headlines

We recommended Palantir in 2021, now we’re recommending this...
My research indicates there is only one investment that can meet AI's unprecedented demand for energy.
Global Ship Lease downgraded to Neutral from Buy at Clarksons
Global Ship Lease: Resilient Performance Amid Market Challenges
Global Ship Lease Strengthens Financial Position Amid Growth
See More Headlines

GSL Stock Analysis - Frequently Asked Questions

Global Ship Lease's stock was trading at $19.82 at the start of the year. Since then, GSL shares have increased by 11.6% and is now trading at $22.11.
View the best growth stocks for 2024 here
.

Global Ship Lease, Inc. (NYSE:GSL) announced its quarterly earnings data on Monday, November, 11th. The shipping company reported $2.45 earnings per share for the quarter, beating analysts' consensus estimates of $2.43 by $0.02. The shipping company had revenue of $174.06 million for the quarter, compared to the consensus estimate of $175.83 million. Global Ship Lease had a trailing twelve-month return on equity of 27.88% and a net margin of 46.38%.

Global Ship Lease's stock reverse split on Monday, March 25th 2019. The 1-8 reverse split was announced on Wednesday, March 20th 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, March 22nd 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Top institutional investors of Global Ship Lease include Donald Smith & CO. Inc. (5.04%), Jane Street Group LLC (1.38%), Harbor Capital Advisors Inc. (1.44%) and Foundry Partners LLC (1.29%).

Shares of GSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Global Ship Lease investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and Humana (HUM).

Company Calendar

Last Earnings
11/11/2024
Ex-Dividend for 12/4 Dividend
11/22/2024
Dividend Payable
12/04/2024
Today
12/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.00
High Stock Price Target
$29.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+26.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$304.50 million
Pretax Margin
46.44%

Debt

Sales & Book Value

Annual Sales
$674.79 million
Cash Flow
$12.22 per share
Book Value
$33.66 per share

Miscellaneous

Free Float
34,134,000
Market Cap
$814.97 million
Optionable
Optionable
Beta
1.55
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This page (NYSE:GSL) was last updated on 12/25/2024 by MarketBeat.com Staff
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