NYSE:GSL Global Ship Lease (GSL) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free GSL Stock Alerts $29.06 -0.37 (-1.26%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$28.95▼$29.4250-Day Range$20.23▼$29.9752-Week Range$16.80▼$30.32Volume423,600 shsAverage Volume711,221 shsMarket Capitalization$1.02 billionP/E Ratio3.28Dividend Yield5.16%Price Target$29.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Global Ship Lease alerts: Email Address Global Ship Lease MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.2% Downside$29.00 Price TargetShort InterestHealthy4.14% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.90Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-12.70%From $9.61 to $8.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.10 out of 5 starsTransportation Sector76th out of 109 stocksDeep Sea Foreign Transportation Of Freight Industry18th out of 28 stocks 1.5 Analyst's Opinion Consensus RatingGlobal Ship Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageGlobal Ship Lease has only been the subject of 1 research reports in the past 90 days.Read more about Global Ship Lease's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.14% of the float of Global Ship Lease has been sold short.Short Interest Ratio / Days to CoverGlobal Ship Lease has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Global Ship Lease has recently increased by 15.38%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipGlobal Ship Lease is a leading dividend payer. It pays a dividend yield of 5.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGlobal Ship Lease has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Global Ship Lease is 16.95%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Global Ship Lease will have a dividend payout ratio of 17.88% next year. This indicates that Global Ship Lease will be able to sustain or increase its dividend.Read more about Global Ship Lease's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GSL. Previous Next 3.3 News and Social Media Coverage News SentimentGlobal Ship Lease has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Global Ship Lease this week, compared to 2 articles on an average week.Search Interest34 people have searched for GSL on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.MarketBeat Follows12 people have added Global Ship Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Global Ship Lease insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.40% of the stock of Global Ship Lease is held by insiders.Percentage Held by Institutions50.08% of the stock of Global Ship Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Global Ship Lease's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Global Ship Lease are expected to decrease by -12.70% in the coming year, from $9.61 to $8.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global Ship Lease is 3.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Global Ship Lease is 3.28, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 20.73.Price to Book Value per Share RatioGlobal Ship Lease has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Global Ship Lease's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Market Moving TrendsTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Click to View The 5 Best AI Stocks to Invest In About Global Ship Lease Stock (NYSE:GSL)Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU. The company was founded in 2007 and is based in Athens, Greece.Read More GSL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GSL Stock News HeadlinesJune 6, 2024 | globenewswire.comGlobal Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred SharesJune 5, 2024 | americanbankingnews.comGlobal Ship Lease (NYSE:GSL) Reaches New 1-Year High at $30.32May 28, 2024 | globenewswire.comGlobal Ship Lease Announces Introduction of Quarterly Supplemental Dividend for Common ShareholdersMay 21, 2024 | finance.yahoo.comGlobal Ship Lease (NYSE:GSL) Has Affirmed Its Dividend Of $0.375May 20, 2024 | finance.yahoo.comExploring Three Dividend Stocks In May 2024May 18, 2024 | 247wallst.comGlobal Ship Lease Inc - Class AMay 17, 2024 | finance.yahoo.comGlobal Ship Lease Stock Scores RS Rating UpgradeMay 16, 2024 | msn.comGlobal Ship Lease surges to two-year high after strong Q1May 16, 2024 | investorplace.comGSL Stock Earnings: Global Ship Lease Beats EPS, Beats Revenue for Q1 2024May 16, 2024 | washingtonpost.comGlobal Ship Lease: Q1 Earnings SnapshotMay 16, 2024 | globenewswire.comGlobal Ship Lease Reports Results for the First Quarter of 2024May 10, 2024 | finance.yahoo.comGlobal Ship Lease Declares Quarterly Dividend per Common Share for First Quarter of 2024May 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksMay 7, 2024 | globenewswire.comGlobal Ship Lease Announces First Quarter 2024 Earnings Release, Conference Call and WebcastMay 3, 2024 | globenewswire.comGlobal Ship Lease Announces Annual Meeting of ShareholdersApril 28, 2024 | seekingalpha.comA.P. Møller Maersk A/S ADR Investors Face Calm Seas AheadApril 23, 2024 | finance.yahoo.comGlobal Ship Lease Stock Sees Relative Strength Rating Sails HigherApril 18, 2024 | finance.yahoo.comIs Now The Time To Put Global Ship Lease (NYSE:GSL) On Your Watchlist?April 18, 2024 | seekingalpha.comGlobal Ship Lease Stock Looks Good, But I Have Some Concerns (Rating Downgrade)April 4, 2024 | msn.comS&P/TSX composite posts small loss as U.S. stock markets turn negative mid-afternoonApril 4, 2024 | finance.yahoo.comThose who invested in Global Ship Lease (NYSE:GSL) five years ago are up 369%April 3, 2024 | finance.yahoo.comWEBINAR INVITATION | Global Ship Lease, Inc. (NYSE: GSL) Thursday, April 11, 2024 at 10:00 a.m. ETMarch 25, 2024 | seekingalpha.comGlobal Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A ConcernMarch 20, 2024 | globenewswire.comGlobal Ship Lease Files its Annual Report for 2023 on Form 20-FMarch 6, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: VAT Group AG (OtherVTTGF) and Global Ship Lease (GSL)See More Headlines Receive GSL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Global Ship Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/16/2024Ex-Dividend for 6/3 Dividend5/23/2024Dividend Payable6/03/2024Today6/10/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:GSL CUSIPN/A CIK1430725 Webwww.globalshiplease.com Phone442039980063Fax44-0-20-7869-8119Employees7Year FoundedN/APrice Target and Rating Average Stock Price Target$29.00 High Stock Price Target$29.00 Low Stock Price Target$29.00 Potential Upside/Downside-0.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$8.85 Trailing P/E Ratio3.28 Forward P/E Ratio3.02 P/E GrowthN/ANet Income$304.50 million Net Margins46.30% Pretax Margin46.36% Return on Equity29.44% Return on Assets15.69% Debt Debt-to-Equity Ratio0.46 Current Ratio1.24 Quick Ratio1.18 Sales & Book Value Annual Sales$674.79 million Price / Sales1.52 Cash Flow$12.01 per share Price / Cash Flow2.42 Book Value$33.66 per share Price / Book0.86Miscellaneous Outstanding Shares35,190,000Free Float32,584,000Market Cap$1.02 billion OptionableOptionable Beta1.64 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Georgios Giouroukos Youroukos (Age 59)Executive Chairman Mr. Thomas A. Lister (Age 54)Chief Executive Officer Mr. Anastasios Psaropoulos (Age 54)CFO & Treasurer Mr. George GiannopoulosHead of Internal AuditMs. Maria DaneziCompany SecretaryKey CompetitorsEuronavNYSE:EURNTORMNASDAQ:TRMDZIM Integrated Shipping ServicesNYSE:ZIMStar Bulk CarriersNASDAQ:SBLKCadeler A/SNYSE:CDLRView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 15,982 shares on 5/20/2024Ownership: 0.045%Whitefort Capital Management LPBought 79,743 shares on 5/17/2024Ownership: 5.619%Tidal Investments LLCBought 2,038 shares on 5/17/2024Ownership: 0.045%Walleye Trading LLCBought 3,000 shares on 5/17/2024Ownership: 0.000%PEAK6 Investments LLCSold 5,700 shares on 5/15/2024Ownership: 0.000%View All Institutional Transactions GSL Stock Analysis - Frequently Asked Questions Should I buy or sell Global Ship Lease stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Ship Lease in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GSL shares. View GSL analyst ratings or view top-rated stocks. What is Global Ship Lease's stock price target for 2024? 1 Wall Street research analysts have issued twelve-month target prices for Global Ship Lease's shares. Their GSL share price targets range from $29.00 to $29.00. On average, they predict the company's share price to reach $29.00 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View analysts price targets for GSL or view top-rated stocks among Wall Street analysts. How have GSL shares performed in 2024? Global Ship Lease's stock was trading at $19.82 at the beginning of 2024. Since then, GSL stock has increased by 46.6% and is now trading at $29.06. View the best growth stocks for 2024 here. Are investors shorting Global Ship Lease? Global Ship Lease saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,350,000 shares, an increase of 15.4% from the April 30th total of 1,170,000 shares. Based on an average daily trading volume, of 801,300 shares, the days-to-cover ratio is presently 1.7 days. Currently, 4.1% of the shares of the stock are short sold. View Global Ship Lease's Short Interest. When is Global Ship Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our GSL earnings forecast. How were Global Ship Lease's earnings last quarter? Global Ship Lease, Inc. (NYSE:GSL) posted its quarterly earnings data on Thursday, May, 16th. The shipping company reported $2.53 EPS for the quarter, beating analysts' consensus estimates of $2.34 by $0.19. The shipping company had revenue of $179.56 million for the quarter, compared to analysts' expectations of $170.70 million. Global Ship Lease had a net margin of 46.30% and a trailing twelve-month return on equity of 29.44%. How often does Global Ship Lease pay dividends? What is the dividend yield for Global Ship Lease? Global Ship Lease announced a quarterly dividend on Friday, May 10th. Investors of record on Friday, May 24th will be paid a dividend of $0.375 per share on Monday, June 3rd. This represents a $1.50 annualized dividend and a yield of 5.16%. The ex-dividend date of this dividend is Thursday, May 23rd. Read our dividend analysis for GSL. Is Global Ship Lease a good dividend stock? Global Ship Lease (NYSE:GSL) pays an annual dividend of $1.50 per share and currently has a dividend yield of 5.10%. GSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GSL will have a dividend payout ratio of 17.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GSL. What ETFs hold Global Ship Lease's stock? ETFs with the largest weight of Global Ship Lease (NYSE:GSL) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).SonicShares Global Shipping ETF (BOAT). When did Global Ship Lease's stock split? Global Ship Lease's stock reverse split before market open on Monday, March 25th 2019. The 1-8 reverse split was announced on Wednesday, March 20th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 22nd 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split. What other stocks do shareholders of Global Ship Lease own? Based on aggregate information from My MarketBeat watchlists, some companies that other Global Ship Lease investors own include Actinium Pharmaceuticals (ATNM), Energy Transfer (ET), Verastem (VSTM), Capital Product Partners (CPLP), Teekay LNG Partners (TGP), Enterprise Products Partners (EPD), Mazor Robotics (MZOR), Seanergy Maritime (SHIP), DHT (DHT) and Dorian LPG (LPG). Who are Global Ship Lease's major shareholders? Global Ship Lease's stock is owned by many different institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (7.20%), Whitefort Capital Management LP (5.62%), Nokomis Capital L.L.C. (2.43%), Foundry Partners LLC (0.90%), Healthcare of Ontario Pension Plan Trust Fund (0.75%) and Isthmus Partners LLC (0.40%). How do I buy shares of Global Ship Lease? Shares of GSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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