After finishing at $7.35 in the prior trading day, Global Net Lease Inc (NYSE: GNL) closed at $7.44, up 1.22%. In other words, the price has increased by $+0.09 from its previous closing price. On the day, 1151357 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 10.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.27. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 1.85.
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:
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 1.71B and an Enterprise Value of 6.88B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 13.37 whereas that against EBITDA is 31.92.
Stock Price History:
Over the past 52 weeks, GNL has reached a high of $12.90, while it has fallen to a 52-week low of $6.83. The 50-Day Moving Average of the stock is 7.82, while the 200-Day Moving Average is calculated to be 9.27.
Shares Statistics:
The stock has traded on average 1.64M shares per day over the past 3-months and 1.44M 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 61.74% stake in the company. Shares short for GNL as of Mar 15, 2024 were 8.03M with a Short Ratio of 4.88, compared to 6.4M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.49% and a Short% of Float of 4.12%.
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 21.14%, it implies a Forward Annual Dividend Yield of 18.56%. 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 -$0.63, with 1 analysts recommending between -$0.63 and -$0.63.
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 7 analysts’ estimates, the company’s revenue will be $825.5M 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 60.30% from the average revenue estimate for this year.
