Global Ship LeaseGSL
GSL
About: Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.
Employees: 11
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
191% more call options, than puts
Call options by funds: $33.2M | Put options by funds: $11.4M
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
1% less funds holding
Funds holding: 157 [Q3] → 156 (-1) [Q4]
4.63% less ownership
Funds ownership: 57.66% [Q3] → 53.02% (-4.63%) [Q4]
25% less capital invested
Capital invested by funds: $541M [Q3] → $408M (-$133M) [Q4]
30% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 66
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$29
41%
upside
Avg. target
$29
41%
upside
High target
$29
41%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Jefferies Omar Nokta 4% 1-year accuracy 2 / 55 met price target | 41%upside $29 | Buy Maintained | 5 Mar 2025 |
Financial journalist opinion
Based on 5 articles about GSL published over the past 30 days
Positive
Seeking Alpha
2 days ago
Global Ship Lease: Combining Value And Growth
Meaningful revenue backlog continues to grow. This offers earnings visibility ahead of time and an ongoing deleveraging strategy. The company disposed of three older containerships with higher book value. GSL offers double-digit total return (thanks to dividends and buyback), low P/E, and solid FCF generation. It is a clear buy.
Positive
Seeking Alpha
3 days ago
Global Ship Lease: A High Yield Opportunity Amid Market Turmoil
Global Ship Lease (NYSE:GSL) offers a compelling investment opportunity with a 10% yield, trading below fair value due to recent market turmoil. GSL's stable, predictable cash flow is backed by long-term contracts with top-tier counterparts, ensuring resilience amid market volatility. The company's strong financial position, with significant debt reduction and increasing dividends, highlights its commitment to shareholder returns.
Positive
24/7 Wall Street
1 week ago
3 Dividend Stocks Yielding Over 8% With Rock-Solid Financials
Dividend stocks are still a good investment right now, even though many investors are focusing on buying the dip.
Positive
Zacks Investment Research
1 week ago
Global Ship Lease (GSL) Surges 6.9%: Is This an Indication of Further Gains?
Global Ship Lease (GSL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Positive
Seeking Alpha
1 week ago
Global Ship Lease: Deeply Undervalued
Global Ship Lease owns a large fleet of medium-sized container ships, ensuring stable income through long-term fixed-rate agreements with cargo lines. Despite significant debt reduction, share buybacks, and increased dividends, GSL is undervalued with a P/E ratio below 2.5 and a dividend yield over 10%. GSL's financials are robust, with 2024 revenue at $711M, EBITDA at $495M, and net profit at $344M, alongside a low Debt/EBITDA ratio of 1.1x.
Neutral
GlobeNewsWire
1 month ago
Global Ship Lease Files its Annual Report for 2024 on Form 20-F
ATHENS, Greece, March 18, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, filed its Annual Report on Form 20-F for the year ended December 31, 2024 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").
Neutral
GlobeNewsWire
1 month ago
Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, March 06, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) (NYSE:GSLPrB). The dividend represents payment for the period from January 1, 2025 to March 31, 2025 and will be paid on April 1, 2025 to all Series B Preferred Shareholders of record as of March 25, 2025.
Neutral
Seeking Alpha
1 month ago
Global Ship Lease, Inc. (GSL) Q4 2024 Earnings Call Transcript
Global Ship Lease, Inc. (NYSE:GSL ) Q4 2024 Earnings Conference Call March 5, 2025 10:30 AM ET Company Participants Thomas Lister - Chief Executive Officer George Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Conference Call Participants Liam Burke - B. Riley Operator Thank you for standing by and good day everyone.
Neutral
GlobeNewsWire
1 month ago
Global Ship Lease Reports Results for the Fourth Quarter of 2024
Forward contract cover locked in for 89% of 2025 days and 66% of 2026 days Annualized Dividend to increase to $2.10 per Class A Common Share ATHENS, Greece, March 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months and year ended December 31, 2024. Full Year and Fourth Quarter of 2024 Highlights and Other Recent Developments - 4Q 2024 operating revenue of $182.4 million; full year operating revenue of $711.1 million, up 5.4% on 2023.
Negative
Zacks Investment Research
1 month ago
What's in the Offing for Global Ship Lease in Q4 Earnings?
The slowdown in economic growth might have hurt GSL's performance in the fourth quarter of 2024.
Charts implemented using Lightweight Charts™