Global Net Lease (NYSE:GNL – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.900-0.960 for the period, compared to the consensus earnings per share estimate of 1.220. The company issued revenue guidance of -.
Global Net Lease Price Performance
Shares of Global Net Lease stock traded up $0.14 during trading on Thursday, hitting $7.55. The stock had a trading volume of 2,078,685 shares, compared to its average volume of 1,317,891. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -8.03 and a beta of 1.34. Global Net Lease has a 12 month low of $6.52 and a 12 month high of $9.10. The business’s 50-day moving average is $7.22 and its 200 day moving average is $7.77. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.70.
Global Net Lease (NYSE:GNL – Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.48. Global Net Lease had a negative net margin of 21.37% and a negative return on equity of 7.04%. As a group, sell-side analysts anticipate that Global Net Lease will post 1.26 earnings per share for the current year.
Global Net Lease Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Citizens Jmp raised Global Net Lease from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 17th. Truist Financial reduced their target price on Global Net Lease from $8.50 to $8.00 and set a “hold” rating on the stock in a research note on Friday, November 29th. Finally, JMP Securities raised Global Net Lease from a “market perform” rating to an “outperform” rating and set a $9.00 target price on the stock in a research note on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $9.50.
Read Our Latest Stock Report on Global Net Lease
About Global Net Lease
Global Net Lease, Inc (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE. The firm focused on acquiring 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 the United States, Western and Northern Europe.
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