Global Net Lease (NYSE:GNL – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.900-0.960 for the period, compared to the consensus earnings per share estimate of 1.220. The company issued revenue guidance of -.
Global Net Lease Stock Up 1.8 %
Shares of GNL traded up $0.14 during trading hours on Thursday, hitting $7.55. The stock had a trading volume of 2,078,685 shares, compared to its average volume of 1,317,891. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.06 and a quick ratio of 0.06. The firm has a 50 day simple moving average of $7.22 and a 200-day simple moving average of $7.77. The firm has a market capitalization of $1.74 billion, a P/E ratio of -8.03 and a beta of 1.34. Global Net Lease has a 1-year low of $6.52 and a 1-year high of $9.10.
Global Net Lease (NYSE:GNL – Get Free Report) last issued its earnings results on Thursday, February 27th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of ($0.14) by $0.48. Global Net Lease had a negative return on equity of 7.04% and a negative net margin of 21.37%. Sell-side analysts predict that Global Net Lease will post 1.26 EPS for the current fiscal year.
Global Net Lease Announces Dividend
Analyst Ratings Changes
Several brokerages recently weighed in on GNL. Truist Financial dropped their price target on shares of Global Net Lease from $8.50 to $8.00 and set a “hold” rating on the stock in a research report on Friday, November 29th. Citizens Jmp upgraded Global Net Lease from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 17th. Finally, JMP Securities upgraded Global Net Lease from a “market perform” rating to an “outperform” rating and set a $9.00 price objective on the stock in a research note on Tuesday, December 17th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $9.50.
Check Out Our Latest Stock Report on Global Net Lease
About Global Net Lease
Global Net Lease, Inc (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE. The firm focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe.
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