Global Net Lease, Inc. (GNL)

NYSE: GNL · IEX Real-Time Price · USD
7.29
-0.33 (-4.33%)
At close: Feb 26, 2024, 4:00 PM
7.34
+0.05 (0.69%)
Pre-market: Feb 27, 2024, 8:15 AM EST
-4.33%
Market Cap 1.70B
Revenue (ttm) 402.29M
Net Income (ttm) -197.57M
Shares Out 230.34M
EPS (ttm) -1.64
PE Ratio n/a
Forward PE n/a
Dividend $1.42 (19.42%)
Ex-Dividend Date Jan 11, 2024
Volume 1,781,386
Open 7.56
Previous Close 7.62
Day's Range 7.29 - 7.59
52-Week Range 7.29 - 14.50
Beta 1.32
Analysts Buy
Price Target 10.69 (+46.64%)
Earnings Date Feb 27, 2024

About GNL

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. [Read more]

Sector Real Estate
CEO Edward Michael Weil Jr.
Employees 1
Stock Exchange NYSE
Ticker Symbol GNL
Full Company Profile

Financial Performance

In 2022, GNL's revenue was $378.86 million, a decrease of -3.16% compared to the previous year's $391.23 million. Losses were -$8.36 million, -3.85% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GNL stock is "Buy." The 12-month stock price forecast is $10.69, which is an increase of 46.64% from the latest price.

Price Target
$10.69
(46.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

19 days ago - GlobeNewsWire

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.

Other symbols: JWN
27 days ago - PRNewsWire

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...

2 months ago - GlobeNewsWire

This Real Estate Portfolio Yields More Than 12%

Select real estate may be the income investing play for 2024. As I write, seven real estate investment trusts (REITs) are dishing dividends from 8.7% all the way up to 15.4%.

Other symbols: ARRBDNHIWRCSVCUNIT
2 months ago - Forbes

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Global Net Lease, Inc. Announces Preferred Stock Dividends

NEW YORK , Sept. 25, 2023 /PRNewswire/ -- 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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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/ ...

6 months ago - 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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - Business Wire

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...

6 months ago - PRNewsWire

Global Net Lease, Inc. Announces $500 Million Credit Facility Accordion

To be Effective Upon Completion of Merger and Internalization with Necessity Retail REIT, Inc. Increases Credit Facility to $1.95 Billion NEW YORK , Aug. 31, 2023 /PRNewswire/ -- Global Net Lease, Inc...

6 months ago - PRNewsWire

Global Net Lease and Necessity Retail REIT Release Presentation Detailing Benefits of Merger

Highlights Efficiencies, Scale and Significant Governance Overhauls  Nominated Directors of GNL and RTL Were Re-Elected by Shareholders Following the Merger Announcement with 85% GNL Shareholder Parti...

6 months ago - PRNewsWire

The 10% Yielding Real Estate Portfolio

REITs trade more like bonds than stocks, so they tend to hold up well in recessions. Their dividends come back in vogue as easy money dries up.

Other symbols: AHHCTOGOODOLP
6 months ago - Forbes

Orange Capital Releases Detailed Presentation on Why It Intends to Vote Against the Merger of Global Net Lease, Inc. and the Necessity Retail REIT, Inc.

Highlights Lack of Financial or Strategic Value for GNL Stockholders Identifies Key Questions for GNL Stockholders to Ask GNL Board  NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Orange Capital Ventures, L...

7 months ago - PRNewsWire

GLOBAL NET LEASE REPORTS SECOND QUARTER 2023 RESULTS

Company to Host Investor Webcast and Conference Call Today at 1:00 PM ET NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company"), a real estate investment t...

7 months ago - PRNewsWire

THE NECESSITY RETAIL REIT ANNOUNCES SECOND QUARTER 2023 RESULTS

Company to Host Investor Webcast and Conference Call at 11:00 AM ET Today NEW YORK , Aug. 2, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL" or the "Company"), a real estate ...

7 months ago - PRNewsWire

THE NECESSITY RETAIL REIT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Necessity Retail REIT Inc. - RTL

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Necessity Re...

7 months ago - Business Wire

Orange Capital Outlines Strong-arm Tactics Deployed by Global Net Lease, Inc. Board Regarding the Proposed Merger with Necessity Retail REIT

GNL's Board has Refused to Commit to Important Governance Enhancements Unless Shareholders Approve the Proposed Merger NEW YORK, July 20, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capi...

7 months ago - PRNewsWire