Global Net Lease, Inc. (NYSE:GNL) Stock Has Average Price Target of $9.75 According to Brokerages

Shares of Global Net Lease, Inc. (NYSE:GNL) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $9.75.

A number of research analysts have recently issued reports on the stock. Zacks Research started coverage on shares of Global Net Lease in a report on Thursday. They set a “hold” rating for the company. Citizens Jmp restated a “market outperform” rating and issued a $10.00 target price on shares of Global Net Lease in a report on Monday, August 31st. BMO Capital Markets upgraded shares of Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 target price on the stock in a report on Monday, August 17th. Wall Street Zen cut shares of Global Net Lease from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Cantor Fitzgerald cut their price target on Global Net Lease from $11.00 to $9.00 and set an “overweight” rating for the company in a research note on Friday, November 6th.

Global Net Lease Stock Down 1.4%

GNL traded down $0.10 during trading on Friday, hitting $6.59. 3,924,766 shares of the company’s stock were exchanged, compared to its average volume of 3,422,207. Global Net Lease has a fifty-two week low of $6.55 and a fifty-two week high of $10.04. The stock has a market cap of $1.47 billion, a P/E ratio of -24.43 and a beta of 1.09. The business’s 50 day moving average is $7.86 and its two-hundred day moving average is $8.93. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 1.13.

Global Net Lease Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, October 12th were paid a $0.19 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $0.76 annualized dividend and a dividend yield of 11.5%. Global Net Lease’s dividend payout ratio is -281.48%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. ProShare Advisors LLC boosted its position in Global Net Lease by 5.5% during the 3rd quarter. ProShare Advisors LLC now owns 29,088 shares of the financial services provider’s stock valued at $240,000 after buying an additional 1,518 shares during the period. Krilogy Financial LLC boosted its position in Global Net Lease by 15.8% during the 3rd quarter. Krilogy Financial LLC now owns 12,457 shares of the financial services provider’s stock valued at $97,000 after acquiring an additional 1,696 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Global Net Lease by 0.5% during the third quarter. Bessemer Group Inc. now owns 378,501 shares of the financial services provider’s stock valued at $3,127,000 after purchasing an additional 1,794 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Global Net Lease by 11.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 17,258 shares of the financial services provider’s stock valued at $162,000 after buying an additional 1,821 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its stake in Global Net Lease by 8.2% during the second quarter. QRG Capital Management Inc. now owns 26,667 shares of the financial services provider’s stock worth $238,000 after acquiring an additional 2,025 shares in the last quarter. Institutional investors own 61.19% of the company’s stock.

Recent Global Net Lease Headlines

These are some of the GNL headlines that stood out recently:

• Neutral Sentiment: Huntington projects EPS of $0.49 for 2026, $0.60 for 2027 and $0.62 for 2028, with quarterly estimates generally between $0.14 and $0.16. Its “Hold” rating suggests a broadly neutral view; the repeated forecasts were issued November 4 and do not indicate a fresh shift in sentiment. Article: Global Net Lease, Inc. (GNL) – What Are Brokerages Thinking About This Stock?

Global Net Lease Company Profile

Global Net Lease, Inc. is a real estate investment trust (REIT) that acquires and manages commercial properties leased to businesses, generally under long-term net leases. These leases typically assign some property expenses to tenants, such as taxes, insurance and maintenance. The company’s portfolio includes industrial, office and retail properties in the United States and Europe. Global Net Lease was formed in 2011 and became publicly traded in 2012. Its 2023 merger with The Necessity Retail REIT expanded its portfolio to include additional retail properties.