Global Ship Lease, Inc. (NYSE:GSL – Free Report) – Analysts at B. Riley reduced their Q2 2025 earnings per share (EPS) estimates for shares of Global Ship Lease in a research report issued to clients and investors on Monday, May 19th. B. Riley analyst L. Burke now anticipates that the shipping company will earn $2.16 per share for the quarter, down from their prior forecast of $2.40. The consensus estimate for Global Ship Lease’s current full-year earnings is $9.74 per share. B. Riley also issued estimates for Global Ship Lease’s Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $2.38 EPS and FY2025 earnings at $9.44 EPS.
GSL has been the topic of a number of other reports. Clarkson Capital raised Global Ship Lease from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 19th. StockNews.com lowered shares of Global Ship Lease from a “buy” rating to a “hold” rating in a research note on Wednesday, May 14th. Finally, Jefferies Financial Group upped their price objective on shares of Global Ship Lease from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Monday.
Global Ship Lease Stock Down 2.9%
GSL opened at $25.62 on Wednesday. The company has a current ratio of 1.64, a quick ratio of 1.58 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $21.90 and its 200 day simple moving average is $22.15. Global Ship Lease has a 1-year low of $17.73 and a 1-year high of $30.32. The stock has a market cap of $908.15 million, a PE ratio of 2.84 and a beta of 1.10.
Global Ship Lease (NYSE:GSL – Get Free Report) last announced its quarterly earnings data on Monday, May 19th. The shipping company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.38. Global Ship Lease had a return on equity of 27.88% and a net margin of 46.38%. The company had revenue of $190.98 million for the quarter, compared to analysts’ expectations of $171.73 million. During the same quarter in the prior year, the business posted $2.53 EPS.
Global Ship Lease Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, May 23rd will be issued a dividend of $0.525 per share. This is an increase from Global Ship Lease’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.10 annualized dividend and a yield of 8.20%. Global Ship Lease’s dividend payout ratio is presently 19.83%.
Institutional Trading of Global Ship Lease
Institutional investors and hedge funds have recently made changes to their positions in the company. DGS Capital Management LLC increased its holdings in Global Ship Lease by 125.1% during the fourth quarter. DGS Capital Management LLC now owns 46,158 shares of the shipping company’s stock worth $1,008,000 after buying an additional 25,651 shares during the last quarter. Crescent Grove Advisors LLC boosted its position in Global Ship Lease by 215.6% during the fourth quarter. Crescent Grove Advisors LLC now owns 29,789 shares of the shipping company’s stock worth $650,000 after purchasing an additional 20,349 shares during the period. Blue Trust Inc. boosted its position in Global Ship Lease by 35.8% during the fourth quarter. Blue Trust Inc. now owns 15,196 shares of the shipping company’s stock worth $332,000 after purchasing an additional 4,010 shares during the period. R Squared Ltd bought a new position in Global Ship Lease during the fourth quarter worth about $50,000. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Global Ship Lease by 10.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 40,504 shares of the shipping company’s stock valued at $884,000 after acquiring an additional 3,676 shares during the period. Hedge funds and other institutional investors own 50.08% of the company’s stock.
About Global Ship Lease
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.
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