After finishing at $7.53 in the prior trading day, Global Net Lease Inc (NYSE: GNL) closed at $7.35, down -2.39%. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1652343 shares were traded.
Ratios:
Our goal is to gain a better understanding of GNL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.06. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 1.85.
On February 13, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $11.
On March 16, 2023, Exane BNP Paribas started tracking the stock assigning a Underperform rating and target price of $13.Exane BNP Paribas initiated its Underperform rating on March 16, 2023, with a $13 target price.
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 ’24 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 ’24. The 10% Owner now owns 3,861,472 shares after completing the transaction at $8.90 per share. On Jan 25 ’24, 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 1.69B and an Enterprise Value of 6.86B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 13.33 whereas that against EBITDA is 31.82.
Stock Price History:
Over the past 52 weeks, GNL has reached a high of $13.56, while it has fallen to a 52-week low of $6.83. The 50-Day Moving Average of the stock is 8.30, while the 200-Day Moving Average is calculated to be 9.45.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 1.8M shares per day over the last 10 days, according to various share statistics. A total of 230.89M shares are outstanding, with a floating share count of 197.82M. Insiders hold about 14.12% of the company’s shares, while institutions hold 61.79% stake in the company. Shares short for GNL as of Feb 29, 2024 were 7.21M with a Short Ratio of 4.25, compared to 6.04M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.13% and a Short% of Float of 3.71%.
Dividends & Splits
In the trailing 12 months, GNL’s forward annual dividend rate was 1.55, compared to 1.51 this year. Against a Trailing Annual Dividend Yield of 20.64%, it implies a Forward Annual Dividend Yield of 19.27%. The stock’s 5-year Average Dividend Yield is 11.93.
Earnings Estimates
Its stock is currently analyzed by 0 different market 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 6 analysts’ estimates, the company’s revenue will be $824.07M in the next fiscal year. The high estimate is $840.6M and the low estimate is $812.4M. The average revenue growth estimate for next year is up 60.00% from the average revenue estimate for this year.
