Global Net Lease (NYSE:GNL) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Global Net Lease, Inc. (NYSE:GNL) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.32 and traded as low as $8.77. Global Net Lease shares last traded at $8.8250, with a volume of 2,621,405 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GNL. Wall Street Zen downgraded Global Net Lease from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. BMO Capital Markets cut Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $10.40.

Global Net Lease Trading Up 0.1%

The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.78. The business’s fifty day moving average is $9.21 and its two-hundred day moving average is $9.32. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of -22.06 and a beta of 1.02.

Global Net Lease (NYSE:GNL) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.18). The firm had revenue of $109.29 million for the quarter, compared to analyst estimates of $112.37 million. Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Monday, July 13th will be given a dividend of $0.19 per share. The ex-dividend date is Monday, July 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.6%. Global Net Lease’s payout ratio is presently -190.00%.

Hedge Funds Weigh In On Global Net Lease

Several hedge funds have recently added to or reduced their stakes in GNL. Lloyd Advisory Services LLC. bought a new stake in Global Net Lease during the 4th quarter worth about $28,000. Aventura Private Wealth LLC bought a new position in shares of Global Net Lease in the 4th quarter valued at about $44,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global Net Lease by 180.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 3,830 shares during the last quarter. Ameriflex Group Inc. grew its position in shares of Global Net Lease by 43.3% during the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock worth $50,000 after buying an additional 1,761 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global Net Lease by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock worth $51,000 after buying an additional 1,412 shares during the period. Institutional investors own 61.19% of the company’s stock.

About Global Net Lease

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.