Global Net Lease, Inc. (GNL)
| Market Cap | 1.79B |
| Revenue (ttm) | 626.78M |
| Net Income (ttm) | -268.05M |
| Shares Out | 230.38M |
| EPS (ttm) | -1.65 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.10 (14.16%) |
| Ex-Dividend Date | Apr 10, 2024 |
| Volume | 917,197 |
| Open | 7.79 |
| Previous Close | 7.76 |
| Day's Range | 7.69 - 7.86 |
| 52-Week Range | 6.52 - 11.58 |
| Beta | 1.30 |
| Analysts | Hold |
| Price Target | 9.00 (+15.83%) |
| Earnings Date | May 7, 2024 |
About GNL
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. [Read more]
Financial Performance
In 2023, GNL's revenue was $515.07 million, an increase of 35.95% compared to the previous year's $378.86 million. Losses were -$239.35 million, 2762.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GNL stock is "Hold." The 12-month stock price forecast is $9.0, which is an increase of 15.83% from the latest price.
News
Global Net Lease Reports First Quarter 2024 Results
AFFO Per Share Increased 6% Compared to Fourth Quarter 2023 On Target to Reach High End of Disposition Guidance of $600 Million; Currently 7.2% Cash Cap Rate on Occupied Dispositions Company Reaffirms...
Global Net Lease Announces Release Date for First Quarter 2024 Results
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it will release its financial results for the first quarter ended March 31...
Global Net Lease Announces $462 Million of Dispositions Closed or Under Agreement¹ as Part of Strategic Disposition Plan
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) today announced continued progress on its 2024 strategic disposition plan, which it first detai...
Global Net Lease Announces $237 Million CMBS Re-Financing
NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that the Company completed a $237 million commercial mortgage-backed security l...
Global Net Lease, Inc. Announces Common Stock Dividend for the Second Quarter 2024
NEW YORK, April 01, 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 a dividend on its out...
Global Net Lease Appoints Robert Kauffman, Fortress Co-Founder, to Board of Directors
NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced the appointment of Robert Kauffman to its Board of Directors, effective immediately.
Global Net Lease, Inc. Announces Preferred Stock Dividends
NEW YORK, March 21, 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 ...
Global Net Lease Appoints Real Estate Veteran to Board of Directors
NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced the appointment of Michael J. U. Monahan to GNL's Board of Directors, effective immedi...
Global Net Lease Reports Fourth Quarter 2023 Results
— Implemented 2024 Business Plan Focused on Deleveraging the Company's Balance Sheet Through $400 to $600 million of Strategic Dispositions; Released Full Year 2024 Guidance — Recognized $68 Million i...
Global Net Lease Announces Release Date for Fourth Quarter and Full Year 2023 Results
NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it will release its financial results for the fourth quarter and year ended...
Nordstrom Rack to Open Two New North Carolina Stores in Raleigh and Matthews
SEATTLE , Jan. 30, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open two new Nordstrom Rack stores in North Carolina.
Global Net Lease, Inc. Announces Common Stock Dividend for the First Quarter 2024
NEW YORK, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (“GNL”) (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend on its outstanding common st...
Global Net Lease, Inc. Announces Preferred Stock Dividends
NEW YORK, Dec. 21, 2023 (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 i...
Global Net Lease Continues Leasing Momentum Into the Fourth Quarter
NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it completed approximately 1.7 million square feet of leasing activity, com...
Global Net Lease Reports Third Quarter 2023 Results
Closed Transformational Merger and Internalization Creating Third Largest Publicly Listed Net Lease REIT with a Global Presence Exceeded Initial Synergy Estimate of $54 Million by $2 Million Based on ...
GLOBAL NET LEASE ANNOUNCES RELEASE DATE FOR THIRD QUARTER 2023 RESULTS
NEW YORK , Oct. 12, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") announced today it will release its financial results for the third quarter ended September 30, 202...
Global Net Lease, Inc. Announces Common Stock Dividend for the Fourth Quarter 2023
NEW YORK , Oct. 2, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL") (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend on its outstanding common stock f...
GLOBAL NET LEASE AND THE NECESSITY RETAIL REIT COMPLETE MERGER AND INTERNALIZATION TRANSACTION
Establishes Third-Largest Net Lease REIT With Global Presence NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Global Net Lease Inc. (NYSE: GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT In...
The Necessity Retail REIT Announces Special Stockholder Meeting Preliminary Results
Preliminary Results Indicate Stockholders Approved Merger and Internalization with GNL Transaction Expected to Close on September 12, 2023 NEW YORK , Sept. 8, 2023 /PRNewswire/ -- The Necessity Retail...
Global Net Lease, Inc. Announces Special Stockholder Meeting Preliminary Results
Preliminary Results Indicate Stockholders Approved Proposals Involving Merger and Internalization Transaction Transaction Expected to Close on September 12, 2023 NEW YORK , Sept. 8, 2023 /PRNewswire/ ...
Orange Capital to Vote FOR the Merger and Internalization Transaction at the GNL Special Meeting
Orange Capital Agrees that the Proposed Internalization Consideration is Within the Range of Precedent Transactions NEW YORK , Sept. 6, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capita...
Orange Capital Issues Statement and Releases KEY Questions in Advance of Today's GNL Management Call
Both ISS and Glass Lewis recommend GNL shareholders vote AGAINST the proposed value-destructive merger of GNL and RTL NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capi...
Blackwells Capital Reiterates Support for the Combination of Global Net Lease and The Necessity Retail REIT
NEW YORK--(BUSINESS WIRE)--Blackwells Capital LLC (together with its affiliates, “Blackwells”), an alternative investment management firm that is a shareholder of both Global Net Lease, Inc. (NYSE: GN...
GLOBAL NET LEASE TO HOST CONFERENCE CALL AND Q&A TO DISCUSS BENEFITS OF MERGER AND INTERNALIZATION TRANSACTION
ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("Global N...