The closing price of Global Net Lease Inc (NYSE: GNL) was $6.57 for the day, down -2.38% from the previous closing price of $6.73. On the day, 1768139 shares were traded.
Ratios:
Our analysis of GNL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.25. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 0.58.
Stock Price History:
Over the past 52 weeks, GNL has reached a high of $11.73, while it has fallen to a 52-week low of $6.65.
Shares 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 61.83% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Genius Group Limited analysts. The consensus estimate for the next quarter is $59.97, with high estimates of $6.57 and low estimates of $5.81.
Analysts are recommending an EPS of between $Real Estate and $Financial Services for the fiscal current year, implying an average EPS of $Financial Services.
