Global Net Lease
About: Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its segments include Industrial & Distribution; Multi-Tenant Retail; Single-Tenant Retail ; and office. The company derives maximum revenue from industrial and distribution segment. The company geographically operates in Unites States, United Kingdom, Canada and Europe.
Employees: 77
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 98
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
10% more capital invested
Capital invested by funds: $1.07B [Q2] → $1.18B (+$109M) [Q3]
1% more funds holding
Funds holding: 303 [Q2] → 307 (+4) [Q3]
2.41% less ownership
Funds ownership: 63.0% [Q2] → 60.59% (-2.41%) [Q3]
63% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $3.34M
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
12%
upside
Avg. target
$8.50
19%
upside
High target
$9
26%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
JMP Securities Mitch Germain 53% 1-year accuracy 18 / 34 met price target | 26%upside $9 | Market Outperform Upgraded | 17 Dec 2024 |
Truist Securities Anthony Hau 41% 1-year accuracy 13 / 32 met price target | 12%upside $8 | Hold Maintained | 29 Nov 2024 |
Financial journalist opinion
Based on 6 articles about GNL published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
Global Net Lease, Inc. Announces Preferred Stock Dividends
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL/ GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, GNL declared (i) a dividend of $0.453125 per share on its 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”), payable on January 15, 2025, to holders of record of shares of its Series A Preferred Stock at the close of business on January 3, 2025, (ii) a dividend of $0.4296875 per share on its 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) payable on January 15, 2025 to holders of record of shares of its Series B Preferred Stock at the close of business on January 3, 2025, (iii) a dividend of $0.46875 per share on its 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”) payable on January 15, 2025 to holders of record of shares of its Series D Preferred Stock at the close of business on January 3, 2025, and (iv) a dividend of $0.4609375 per share on its 7.375% Series E Cumulative Redeemable Perpetual Preferred Stock (“Series E Preferred Stock”) payable on January 15, 2025 to holders of record of shares of its Series E Preferred Stock at the close of business on January 3, 2025.
Neutral
Seeking Alpha
6 days ago
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
Neutral
Seeking Alpha
1 week ago
What I Wish I Knew Before Investing In REITs
I have done well over time, but I could have done even better. I have made many mistakes over the years. I discuss 3 of my biggest regrets as a REIT investor.
Neutral
GlobeNewsWire
1 week ago
Global Net Lease Announces $620 Million of Closed Dispositions as Part of Strategic Disposition Plan
- Including Pipeline, Dispositions Total $1.1 Billion at a 7.1% Cash Cap Rate on 5.4 Years of Weighted Average Lease Term NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) today announced continued progress on its strategic disposition plan. Through December 9, 2024, GNL has closed $620 million of dispositions, and, together with its pipeline of potential asset sales, dispositions currently total $1.1 billion1.
Negative
Seeking Alpha
1 week ago
Sell Alert: 3 REITs That Likely Will Cut Their Dividend In 2025
Most REITs are well-positioned to grow dividends. But there are exceptions. I highlight three REITs that are at high risk of cutting their dividend.
Negative
Seeking Alpha
2 weeks ago
My Single Biggest Regret As A REIT Investor
I have outperformed REIT sector averages over the long run. But I could have done even better. I discuss my #1 biggest mistake I have made as a REIT investor.
Positive
Seeking Alpha
1 month ago
Global Net Lease: How Safe Is The 15% Dividend Yield?
Global Net Lease's dividend cuts have been significant, dropping from $0.5325 per share in 2020 to $0.275 per share recently. The latest dividend cut followed the internalization of its management, raising concerns about the REIT's stability. The REIT's current annualized cash dividend stands at $1.10 per share annualized, yielding a high of 15.1%. This was covered by fiscal 2024 third quarter AFFO.
Neutral
Business Wire
1 month ago
Bellevue Capital Partners Acquires Additional 100,000 Shares of Global Net Lease, Inc. (GNL)
NEWPORT, R.I.--(BUSINESS WIRE)--Bellevue Capital Partners, one of the largest shareholders of Global Net Lease, Inc. (NYSE: GNL), announces the acquisition of an additional 100,000 shares of GNL. This strategic investment reemphasizes Bellevue Capital Partners' confidence in the company's management and its execution of its previously announced strategic plan. Bellevue Capital Partners is encouraged by GNL's recent communications regarding its strategic disposition plan, which includes the rece.
Neutral
Seeking Alpha
1 month ago
Global Net Lease: Key Takeaways From Q3-2024
Global Net Lease has struggled since our last article, underperforming the broader market and the Real Estate Index. Despite what appeared to be positive Q3-2024 results, core issues remain unaddressed. We go over our main takeaways and tell you how we come up with a payout ratio of over 150%.
Neutral
Seeking Alpha
1 month ago
The Dark Side Of REIT Investments
Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:
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