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NYSE:GSL

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

$26.05
-0.12 (-0.46%)
(As of 10:46 AM ET)
Today's Range
$26.02
$26.30
50-Day Range
$24.77
$30.11
52-Week Range
$16.80
$30.32
Volume
60,632 shs
Average Volume
638,505 shs
Market Capitalization
$916.65 million
P/E Ratio
2.94
Dividend Yield
5.76%
Price Target
$29.00

Global Ship Lease MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.8% Upside
$29.00 Price Target
Short Interest
Healthy
5.27% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.57mentions of Global Ship Lease in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-12.29%
From $9.52 to $8.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.38 out of 5 stars

Transportation Sector

80th out of 126 stocks

Deep Sea Foreign Transportation Of Freight Industry

23rd out of 32 stocks

GSL stock logo

About Global Ship Lease Stock (NYSE:GSL)

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.

GSL Stock Price History

GSL Stock News Headlines

Global Ship Lease (NYSE:GSL) Lowered to Buy at StockNews.com
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Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
7 Stocks Set to Explode in August 2024
Global Ship Lease, Inc. Might Have Already Sailed
See More Headlines
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Company Calendar

Ex-Dividend for 6/3 Dividend
5/23/2024
Dividend Payable
6/03/2024
Last Earnings
8/05/2024
Today
8/22/2024
Ex-Dividend for 9/4 Dividend
8/23/2024
Dividend Payable
9/04/2024
Next Earnings (Estimated)
11/14/2024
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
$29.00
High Stock Price Target
$29.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+10.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$304.50 million
Pretax Margin
46.36%

Debt

Sales & Book Value

Annual Sales
$701.94 million
Cash Flow
$12.47 per share
Book Value
$33.66 per share

Miscellaneous

Free Float
32,584,000
Market Cap
$921.22 million
Optionable
Optionable
Beta
1.64
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GSL Stock Analysis - Frequently Asked Questions

How have GSL shares performed this year?

Global Ship Lease's stock was trading at $19.82 at the beginning of the year. Since then, GSL stock has increased by 32.1% and is now trading at $26.18.
View the best growth stocks for 2024 here
.

How were Global Ship Lease's earnings last quarter?

Global Ship Lease, Inc. (NYSE:GSL) issued its earnings results on Monday, August, 5th. The shipping company reported $2.46 earnings per share for the quarter, beating analysts' consensus estimates of $2.27 by $0.19. The shipping company earned $175 million during the quarter, compared to analyst estimates of $172.07 million. Global Ship Lease had a net margin of 46.30% and a trailing twelve-month return on equity of 29.44%.

When did Global Ship Lease's stock split?

Shares of Global Ship Lease 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 closing bell 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.

Who are Global Ship Lease's major shareholders?

Global Ship Lease's top institutional shareholders include Donald Smith & CO. Inc. (4.63%), Acadian Asset Management LLC (4.29%), Marshall Wace LLP (3.04%) and Renaissance Technologies LLC (1.58%).

How do I buy shares of Global Ship Lease?

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.

What other stocks do shareholders of Global Ship Lease own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global Ship Lease investors own include Energy Transfer (ET), Verastem (VSTM), Capital Product Partners (CPLP), Teekay LNG Partners (TGP), Enterprise Products Partners (EPD) and Mazor Robotics (MZOR).

This page (NYSE:GSL) was last updated on 8/22/2024 by MarketBeat.com Staff

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