Global Net Lease (NYSE:GNL) Announces Earnings Results, Meets Estimates

Global Net Lease (NYSE:GNL) issued its quarterly earnings data on Wednesday. The financial services provider reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05), Zacks reports. The firm had revenue of $112.47 million during the quarter, compared to analyst estimates of $109.68 million. Global Net Lease had a negative return on equity of 0.98% and a negative net margin of 2.94%. Global Net Lease updated its FY 2026 guidance to 0.820-0.850 EPS.

Global Net Lease Stock Up 1.4%

Global Net Lease stock traded up $0.12 during mid-day trading on Friday, reaching $9.20. The stock had a trading volume of 1,875,692 shares, compared to its average volume of 2,183,414. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.11 and a current ratio of 0.11. Global Net Lease has a fifty-two week low of $7.39 and a fifty-two week high of $10.04. The firm has a market capitalization of $1.95 billion, a PE ratio of -32.84 and a beta of 1.02. The stock’s 50-day simple moving average is $9.09 and its 200-day simple moving average is $9.33.

Global Net Lease Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Monday, July 13th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.76 annualized dividend and a yield of 8.3%. Global Net Lease’s dividend payout ratio (DPR) is currently -190.00%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on GNL shares. Huntington initiated coverage on shares of Global Net Lease in a report on Wednesday, July 15th. They issued a “market perform” rating and a $10.00 price objective on the stock. BMO Capital Markets cut shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target on the stock. in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $10.00.

Institutional Investors Weigh In On Global Net Lease

Several large investors have recently made changes to their positions in GNL. Charles Schwab Investment Management Inc. increased its position in Global Net Lease by 0.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,383,399 shares of the financial services provider’s stock worth $37,697,000 after buying an additional 28,112 shares during the last quarter. Conversant Capital LLC increased its holdings in Global Net Lease by 69.9% in 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. Helix Partners Management LP raised its stake in Global Net Lease by 2.9% in the 4th quarter. Helix Partners Management LP now owns 3,600,000 shares of the financial services provider’s stock valued at $30,960,000 after acquiring an additional 100,000 shares during the period. Invesco Ltd. lifted its holdings in Global Net Lease by 8.1% during the third quarter. Invesco Ltd. now owns 3,169,478 shares of the financial services provider’s stock valued at $25,768,000 after purchasing an additional 238,217 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Global Net Lease by 5.2% during the third quarter. Dimensional Fund Advisors LP now owns 2,799,810 shares of the financial services provider’s stock worth $22,762,000 after purchasing an additional 138,931 shares during the period. 61.19% of the stock is owned by hedge funds and other institutional investors.

Global Net Lease Company Profile

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.