As of close of business last night, Global Net Lease Inc.’s stock clocked out at $9.24, down -1.39% from its previous closing price of $9.37. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 3020117 shares were traded. GNL stock price reached its highest trading level at $9.56 during the session, while it also had its lowest trading level at $9.11.
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To gain a deeper understanding of GNL’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.79.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GNL now has a Market Capitalization of 959.54M and an Enterprise Value of 3.36B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.53 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 8.95 whereas that against EBITDA is 12.55.
Stock Price History:
Over the past 52 weeks, GNL has reached a high of $15.30, while it has fallen to a 52-week low of $8.84. The 50-Day Moving Average of the stock is 11.44, while the 200-Day Moving Average is calculated to be 12.76.
It appears that GNL traded 882.80K shares on average per day over the past three months and 1.6M shares per day over the past ten days. A total of 103.78M shares are outstanding, with a floating share count of 103.46M. Insiders hold about 0.10% of the company’s shares, while institutions hold 72.80% stake in the company. Shares short for GNL as of May 14, 2023 were 2.88M with a Short Ratio of 2.88M, compared to 2.65M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.78% and a Short% of Float of 4.23%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.60, GNL has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 17.08%, it implies a Forward Annual Dividend Yield of 17.08%. The stock’s 5-year Average Dividend Yield is 10.89.
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.02, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.09 and -$0.1 for the fiscal current year, implying an average EPS of -$0.09. EPS for the following year is -$0.12, with 2 analysts recommending between -$0.11 and -$0.13.
In the current quarter, 2 analysts expect revenue to total $95.51M. It ranges from a high estimate of $96.1M to a low estimate of $94.93M. As of the current estimate, Global Net Lease Inc.’s year-ago sales were $95.18M, an estimated increase of 0.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $96.19M, an increase of 3.90% over than the figure of $0.30% in the same quarter last year. There is a high estimate of $96.4M for the next quarter, whereas the lowest estimate is $95.98M.
A total of 2 analysts have provided revenue estimates for GNL’s current fiscal year. The highest revenue estimate was $383.5M, while the lowest revenue estimate was $382.29M, resulting in an average revenue estimate of $382.89M. In the same quarter a year ago, actual revenue was $378.86M, up 1.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $394.6M in the next fiscal year. The high estimate is $399.5M and the low estimate is $389.7M. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.