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Global Net Lease (GB:0IW3)
LSE:0IW3
Holding GB:0IW3?
Track your performance easily
0IW3 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.51 - $10.16
Previous Close$8.79
Volume705.00
Average Volume (3M)2.25K
Market Cap
$2.02B
Enterprise Value$6.85B
Total Cash (Recent Filing)$122.18M
Total Debt (Recent Filing)$4.95B
Price to Earnings (P/E)―
Beta1.50
Next Earnings
Nov 07, 2024EPS EstimateN/A
Last Dividend Ex-Date
Jul 11, 2024Dividend Yield14.38%
Share Statistics
EPS (TTM)-1.73
Shares Outstanding230,469,621
10 Day Avg. Volume1,507
30 Day Avg. Volume2,250
Standard Deviation0.11
R-Squared0.29
Alpha-0.00312
Financial Highlights & Ratios
Price to Book (P/B)0.83
Price to Sales (P/S)2.75
Price to Cash Flow (P/CF)7.20
P/FCF Ratio8.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.33
Enterprise Value/Gross Profit15.31
Enterprise Value/Ebitda20.00
Forecast
1Y Price Target
$10.38Price Target Upside20.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Global Net Lease News
PremiumCompany Announcements
Global Net Lease Announces Quarterly Preferred Stock Dividends
PremiumCompany Announcements
Global Net Lease Outlines Strategic Plan and Risks
PremiumCompany Announcements
Global Net Lease Discusses Quarterly Performance and RisksBulls Say, Bears Say
Bulls Say
Debt ReductionThe company successfully reduced its outstanding debt balance by $251.0 million from 1Q 2024.
Financial PerformanceRenewal leasing resulted in a 4.3% increase in rental rates across the entire portfolio, with leases averaging 8.5 years in duration.
Merger SynergiesThe company has realized 99% of the anticipated $75.0 million in cost synergies from the Merger and Internalization.
Bears Say
Asset DispositionThe sale of a single-tenant office building in the UK for $27 million comes at the same time as the lease in that building expired, drawing more than $11 million of rent out of GNL's portfolio.
Debt And LeverageDespite recent progress, the de-leveraging plan is likely to extend into 2025, creating some uncertainty, suggesting a discounted valuation is appropriate.
Financial PerformanceDespite higher asset sales, management did not update its leverage targets for 2024 and the model still shows GNL near the top end of those targets heading into 2025.
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Options Prices
Currently, No data available
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Ownership Overview
13.28% Insiders
20.33% Mutual Funds
33.83% Other Institutional Investors
32.56% Public Companies and
Individual Investors
0IW3 FAQ
What was Global Net Lease’s price range in the past 12 months?
Global Net Lease lowest share price was $6.51 and its highest was $10.16 in the past 12 months.
What is Global Net Lease’s market cap?
Currently, no data Available
When is Global Net Lease’s upcoming earnings report date?
Global Net Lease’s upcoming earnings report date is Nov 07, 2024 which is in 42 days.
How were Global Net Lease’s earnings last quarter?
Global Net Lease released its earnings results on Aug 06, 2024. The company reported -$0.2 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.2.
Is Global Net Lease overvalued?
According to Wall Street analysts Global Net Lease’s price is currently Undervalued.
Does Global Net Lease pay dividends?
Global Net Lease pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 14.38%. See more information on Global Net Lease dividends here
What is Global Net Lease’s EPS estimate?
Global Net Lease’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Global Net Lease have?
Global Net Lease has 230,469,620 shares outstanding.
What happened to Global Net Lease’s price movement after its last earnings report?
Global Net Lease reported an EPS of -$0.2 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.591%.
Which hedge fund is a major shareholder of Global Net Lease?
Among the largest hedge funds holding Global Net Lease’s share is Caxton Associates LP. It holds Global Net Lease’s shares valued at 673K.
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Global Net Lease Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.38 (20.14% Upside)
$10.38 (20.14% Upside)
Blogger Sentiment
Bearish
GB:0IW3 Sentiment 80%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.25%
12-Months-Change
Fundamentals
Return on Equity
-13.20%
Trailing 12-Months
Asset Growth
90.23%
Trailing 12-Months
Company Description
Global Net Lease
Global Net Lease, Inc. operates as a real estate investment trust. It engages in the acquisition and management of a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across U.S., Western and Northern Europe. The company was founded on July 13, 2011 and is headquartered in New York, NY.
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0IW3 Company Deck
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0IW3 Earnings Call
Q2 2024
0:00 / 0:00
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0IW3 Stock 12 Month Forecast
Average Price Target
$10.38
▲(20.14% Upside)
Technical Analysis
Global Net Lease
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Realty Income
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Office Properties Income
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Gladstone Commercial
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Essential Properties Realty
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Best Analysts Covering 0IW3
1 Year
1 Year Success Rate
7/20 ratings generated profit
1 Year Average Return
-3.04%
reiterated a buy rating 2 months ago
Copying Bryan Maher's trades and holding each position for 1 Year would result in 35.00% of your transactions generating a profit, with an average return of -3.04% per trade.
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