Short Interest in Global Net Lease, Inc. (NYSE:GNL) Increases By 28.0%

Global Net Lease, Inc. (NYSE:GNL) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 10,554,530 shares, a growth of 28.0% from the December 31st total of 8,245,537 shares. Based on an average trading volume of 2,259,640 shares, the short-interest ratio is currently 4.7 days. Currently, 4.8% of the company’s shares are sold short. Currently, 4.8% of the company’s shares are sold short. Based on an average trading volume of 2,259,640 shares, the short-interest ratio is currently 4.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GNL. Eastern Bank bought a new stake in Global Net Lease in the 3rd quarter worth approximately $33,000. Aventura Private Wealth LLC bought a new stake in shares of Global Net Lease in the fourth quarter worth $44,000. GAMMA Investing LLC increased its position in Global Net Lease by 100.6% during the second quarter. GAMMA Investing LLC now owns 5,487 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 2,752 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Global Net Lease by 31.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 1,412 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Global Net Lease by 180.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 3,830 shares during the last quarter. Institutional investors own 61.19% of the company’s stock.

Analyst Upgrades and Downgrades

GNL has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Global Net Lease from a “sell” rating to a “hold” rating in a research report on Saturday, December 20th. Citizens Jmp boosted their price target on shares of Global Net Lease from $9.00 to $10.00 and gave the company a “market outperform” rating in a research note on Monday, January 12th. Finally, Citigroup reiterated an “outperform” rating on shares of Global Net Lease in a report on Monday, January 12th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $9.60.

Global Net Lease Stock Down 1.5%

Shares of NYSE:GNL traded down $0.15 during midday trading on Monday, reaching $9.32. The company’s stock had a trading volume of 1,797,026 shares, compared to its average volume of 1,942,776. Global Net Lease has a 12-month low of $6.51 and a 12-month high of $9.65. The firm has a 50 day moving average of $8.73 and a 200-day moving average of $8.08. The firm has a market capitalization of $2.04 billion, a P/E ratio of -6.51 and a beta of 1.13. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.93.

Global Net Lease (NYSE:GNL) last issued its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. Global Net Lease had a negative return on equity of 10.27% and a negative net margin of 48.52%.The firm had revenue of $121.01 million for the quarter, compared to analysts’ expectations of $118.86 million. Global Net Lease has set its FY 2025 guidance at 0.950-0.970 EPS. On average, research analysts anticipate that Global Net Lease will post 1.26 earnings per share for the current year.

Global Net Lease Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, January 12th were paid a $0.19 dividend. The ex-dividend date was Monday, January 12th. This represents a $0.76 annualized dividend and a dividend yield of 8.2%. Global Net Lease’s payout ratio is currently -53.15%.

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.