Global Net Lease Inc (NYSE: GNL) closed the day trading at $7.16 down -2.45% from the previous closing price of $7.34. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 4264514 shares were traded.
Ratios:
For a better understanding of GNL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.81. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 2.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on February 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $11.
On March 16, 2023, Exane BNP Paribas started tracking the stock assigning a Underperform rating and target price of $13.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 16 when SCHORSCH NICHOLAS S sold 155,000 shares for $8.10 per share. The transaction valued at 1,255,500 led to the insider holds 3,706,472 shares of the business.
SCHORSCH NICHOLAS S sold 4,837 shares of GNL for $43,049 on Jan 26. The 10% Owner now owns 3,861,472 shares after completing the transaction at $8.90 per share. On Jan 25, another insider, SCHORSCH NICHOLAS S, who serves as the 10% Owner of the company, sold 158,021 shares for $8.93 each. As a result, the insider received 1,411,128 and left with 3,866,309 shares of the company.
Valuation Measures:
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 1.65B and an Enterprise Value of 6.73B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 16.73 whereas that against EBITDA is 53.71.
Stock Price History:
Over the past 52 weeks, GNL has reached a high of $14.50, while it has fallen to a 52-week low of $7.29. The 50-Day Moving Average of the stock is 8.86, while the 200-Day Moving Average is calculated to be 9.61.
Shares Statistics:
Over the past 3-months, GNL traded about 1.75M shares per day on average, while over the past 10 days, GNL traded about 1.64M shares per day. A total of 230.17M shares are outstanding, with a floating share count of 197.80M. Insiders hold about 14.07% of the company’s shares, while institutions hold 61.83% stake in the company. Shares short for GNL as of Feb 15, 2024 were 6.4M with a Short Ratio of 3.65, compared to 9.4M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.78% and a Short% of Float of 3.29%.
Dividends & Splits
GNL’s forward annual dividend rate is 1.51, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 19.29%. The stock’s 5-year Average Dividend Yield is 11.78.
Earnings Estimates
Current recommendations for the stock of the company come from 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.08. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$1.12 and -$1.12 for the fiscal current year, implying an average EPS of -$1.12. EPS for the following year is $0.41, with 1 analysts recommending between $0.41 and $0.41.
Revenue Estimates
2 analysts predict $95.28M in revenue for the current quarter. It ranges from a high estimate of $96.1M to a low estimate of $94.46M. As of the current estimate, Global Net Lease Inc’s year-ago sales were $95.18M, an estimated increase of 0.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $120.39M, an increase of 30.00% over than the figure of $0.10% in the same quarter last year. There is a high estimate of $121.58M for the next quarter, whereas the lowest estimate is $119.2M.
A total of 3 analysts have provided revenue estimates for GNL’s current fiscal year. The highest revenue estimate was $513.6M, while the lowest revenue estimate was $490.64M, resulting in an average revenue estimate of $515.07M. In the same quarter a year ago, actual revenue was $378.86M, up 36.00% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $798.17M in the next fiscal year. The high estimate is $830.3M and the low estimate is $739.21M. The average revenue growth estimate for next year is up 55.00% from the average revenue estimate for this year.
