Global Net Lease (NYSE:GNL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. 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 -.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. Citizens Jmp raised shares of Global Net Lease from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 17th. Truist Financial lowered their target price on shares of Global Net Lease from $8.50 to $8.00 and set a “hold” rating on the stock in a report on Friday, November 29th. Finally, JMP Securities raised shares of Global Net Lease from a “market perform” rating to an “outperform” rating and set a $9.00 target price on the stock in a report on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Global Net Lease presently has a consensus rating of “Moderate Buy” and an average price target of $9.50.
Get Our Latest Stock Report on GNL
Global Net Lease Trading Up 6.4 %
Global Net Lease Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, January 13th were issued a $0.275 dividend. The ex-dividend date of this dividend was Monday, January 13th. This represents a $1.10 annualized dividend and a dividend yield of 13.73%. Global Net Lease’s payout ratio is currently -117.02%.
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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