Global Net Lease, Inc. (NYSE:GNL) Given Average Recommendation of “Buy” by Brokerages

Shares of Global Net Lease, Inc. (NYSE:GNL) have been assigned an average rating of “Buy” from the six research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $10.40.

Several research analysts have commented on the stock. BMO Capital Markets downgraded shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target for the company. in a report on Friday, April 17th. Wall Street Zen downgraded shares of Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Corient Private Wealth LLC lifted its holdings in shares of 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 worth $17,092,000 after acquiring an additional 2,218,115 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Global Net Lease during the 3rd quarter worth $15,933,000. Conversant Capital LLC lifted its holdings in shares of Global Net Lease by 69.9% during 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 last quarter. Marshall Wace LLP bought a new stake in shares of Global Net Lease during the 2nd quarter worth $7,525,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Global Net Lease by 533.8% during the 3rd 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 worth $8,652,000 after acquiring an additional 896,322 shares during the last quarter. 61.19% of the stock is owned by institutional investors.

Global Net Lease Stock Down 1.3%

Global Net Lease stock opened at $9.14 on Thursday. The firm has a 50 day simple moving average of $9.39 and a 200 day simple moving average of $9.22. 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 has a 1-year low of $6.77 and a 1-year high of $10.04. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of -22.84 and a beta of 1.01.

Global Net Lease (NYSE:GNL) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $109.29 million during 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 company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Monday, April 13th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend was Monday, April 13th. Global Net Lease’s dividend payout ratio (DPR) 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.