Global Net Lease, Inc. (NYSE:GNL) Receives Consensus Rating of “Buy” from Brokerages

Global Net Lease, Inc. (NYSE:GNL) has been given a consensus recommendation of “Buy” by the five ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $10.25.

A number of equities research analysts have issued reports on GNL shares. BMO Capital Markets raised shares of Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 target price for the company in a research note on Monday, August 17th. Citizens Jmp reiterated a “market outperform” rating and set a $10.00 price objective on shares of Global Net Lease in a report on Monday, August 31st. Finally, Huntington started coverage on Global Net Lease in a research report on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price objective for the company.

Institutional Investors Weigh In On Global Net Lease

Hedge funds and other institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in Global Net Lease in the second quarter worth approximately $51,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Global Net Lease in the second quarter valued at approximately $114,000. Ameritas Advisory Services LLC lifted its stake in Global Net Lease by 387.9% in the second quarter. Ameritas Advisory Services LLC now owns 84,174 shares of the financial services provider’s stock valued at $753,000 after acquiring an additional 66,921 shares during the last quarter. Acorn Wealth Advisors LLC grew its position in Global Net Lease by 16.9% in the second quarter. Acorn Wealth Advisors LLC now owns 34,824 shares of the financial services provider’s stock worth $311,000 after acquiring an additional 5,043 shares in the last quarter. Finally, BTG Pactual Asset Management US LLC bought a new stake in Global Net Lease in the second quarter worth approximately $534,000. 61.19% of the stock is owned by hedge funds and other institutional investors.

Global Net Lease Price Performance

NYSE GNL opened at $8.79 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of -31.37 and a beta of 1.04. The company has a 50 day simple moving average of $9.01 and a 200-day simple moving average of $9.22. Global Net Lease has a 52-week low of $7.48 and a 52-week high of $10.04.

Global Net Lease (NYSE:GNL) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) EPS for the quarter, meeting analysts’ consensus estimates of ($0.05). The firm had revenue of $112.47 million for the quarter, compared to the consensus estimate of $109.68 million. Global Net Lease had a negative net margin of 2.94% and a negative return on equity of 1.00%. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

About Global Net Lease

Global Net Lease, Inc (NYSE:GNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties leased primarily under long-term, net lease agreements. Under these arrangements, tenants generally assume responsibility for many property-level expenses, such as maintenance, insurance and taxes.

The company’s portfolio includes office, industrial and retail properties occupied by a range of corporate and commercial tenants. Global Net Lease focuses on properties that generate recurring rental income and typically seeks locations leased to creditworthy tenants under contractual lease terms.

Global Net Lease invests in properties across the United States and Europe.