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The price of Global Net Lease Inc (NYSE: GNL) closed at $8.59 in the last session, up 1.90% from day before closing price of $8.43. In other words, the price has increased by $1.90 from its previous closing price. On the day, 1.62 million shares were traded. GNL stock price reached its highest trading level at $8.65 during the session, while it also had its lowest trading level at $8.36.
Ratios:
We take a closer look at GNL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.48. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 1.98.
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, Truist on March 28, 2024, initiated with a Hold rating and assigned the stock a target price of $7.
On February 13, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $11.BMO Capital Markets initiated its Outperform rating on February 13, 2024, with a $11 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 27 ’24 when SCHORSCH NICHOLAS S sold 200,000 shares for $7.15 per share. The transaction valued at 1,430,000 led to the insider holds 1,629,073 shares of the business.
SCHORSCH NICHOLAS S sold 100,000 shares of GNL for $702,000 on Jun 26 ’24. The 10% Owner now owns 1,829,073 shares after completing the transaction at $7.02 per share. On Jun 25 ’24, another insider, SCHORSCH NICHOLAS S, who serves as the 10% Owner of the company, sold 150,000 shares for $7.08 each. As a result, the insider received 1,062,000 and left with 1,929,073 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 1978998656 and an Enterprise Value of 7015806464. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 11.193 whereas that against EBITDA is 17.773.
Stock Price History:
Over the past 52 weeks, GNL has reached a high of $11.58, while it has fallen to a 52-week low of $6.52. The 50-Day Moving Average of the stock is 15.25%, while the 200-Day Moving Average is calculated to be 6.58%.
Shares Statistics:
According to the various share statistics, GNL traded on average about 1.47M shares per day over the past 3-months and 2021102 shares per day over the past 10 days. A total of 230.89M shares are outstanding, with a floating share count of 199.88M. Insiders hold about 13.24% of the company’s shares, while institutions hold 62.11% stake in the company. Shares short for GNL as of 1719532800 were 7724095 with a Short Ratio of 5.27, compared to 1717113600 on 9881164. Therefore, it implies a Short% of Shares Outstanding of 7724095 and a Short% of Float of 5.74.
Dividends & Splits
The forward annual dividend rate for GNL is 1.26, which was 1.508 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.17888492The stock’s 5-year Average Dividend Yield is 12.47.
