News stories about Global Net Lease (NYSE:GNL) have been trending somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Global Net Lease earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.1936682079033 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Several research analysts have weighed in on GNL shares. Zacks Investment Research lowered shares of Global Net Lease from a “hold” rating to a “sell” rating in a research note on Thursday, May 17th. B. Riley reiterated a “neutral” rating on shares of Global Net Lease in a research note on Friday, March 9th. Finally, ValuEngine lowered shares of Global Net Lease from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $22.00.
Shares of Global Net Lease opened at $19.36 on Friday, according to MarketBeat Ratings. Global Net Lease has a 12 month low of $15.55 and a 12 month high of $22.99. The firm has a market cap of $1.30 billion, a PE ratio of 9.63 and a beta of 0.47. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.25.
Global Net Lease (NYSE:GNL) last announced its quarterly earnings results on Tuesday, February 27th. The financial services provider reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.42). Global Net Lease had a return on equity of 1.51% and a net margin of 7.92%. The business had revenue of $66.60 million for the quarter, compared to analyst estimates of $64.93 million. equities research analysts forecast that Global Net Lease will post 2.05 earnings per share for the current fiscal year.
The firm also recently declared a monthly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Tuesday, May 8th were paid a dividend of $0.1775 per share. The ex-dividend date was Monday, May 7th. This represents a $2.13 annualized dividend and a dividend yield of 11.00%. Global Net Lease’s dividend payout ratio (DPR) is 105.97%.
In other Global Net Lease news, Director Edward M. Jr. Weil purchased 6,000 shares of the company’s stock in a transaction dated Friday, March 16th. The shares were bought at an average price of $16.72 per share, for a total transaction of $100,320.00. Following the purchase, the director now directly owns 22,018 shares in the company, valued at approximately $368,140.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.19% of the company’s stock.
About Global Net Lease
Global Net Lease, Inc (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE 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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