Global Ship Lease, Inc. (GSL)
| Market Cap | 927.71M |
| Revenue (ttm) | 715.23M |
| Net Income (ttm) | 375.60M |
| Shares Out | 35.61M |
| EPS (ttm) | 10.54 |
| PE Ratio | 2.47 |
| Forward PE | 2.68 |
| Dividend | $2.10 (8.06%) |
| Ex-Dividend Date | May 23, 2025 |
| Volume | 501,006 |
| Open | 26.81 |
| Previous Close | 26.77 |
| Day's Range | 25.99 - 26.87 |
| 52-Week Range | 17.73 - 30.19 |
| Beta | 1.18 |
| Analysts | Strong Buy |
| Price Target | 30.00 (+15.16%) |
| Earnings Date | Aug 4, 2025 |
About GSL
Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 10, 2025, it owned 70 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 404,681 TEU. The company was formerly known as Marathon Acquisition Corp. and changed its name to Global Ship Lease, Inc. in August 2008. Global Ship Lease, Inc. was founded in 2007 and is based in Athens, G... [Read more]
Financial Performance
In 2024, Global Ship Lease's revenue was $705.53 million, an increase of 5.82% compared to the previous year's $666.72 million. Earnings were $344.09 million, an increase of 16.66%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GSL stock is "Strong Buy" and the 12-month stock price forecast is $30.0.
News
Global Ship Lease Announces Results of 2025 Annual Meeting of Shareholders
ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2025 Annual Meeting of Shareholders was duly held on June 17, 20...
Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, June 04, 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 ...
Global Ship Lease: Undervalued Opportunity
Global Ship Lease, Inc. remains significantly undervalued, with a strong balance sheet, guaranteed backlog, and a P/E ratio just above 2, supporting a Strong Buy rating. The company's 69-ship fleet is...
Global Ship Lease: Securing New Charters With Ongoing Deleverage
GSL's asset-light model, strong backlog, and robust Q1 results support our strong buy rating and target price increase to $33.30 per share. The company boasts a 93% contract coverage for 2024, 75% for...
Global Ship Lease: Despite Protectionism On The Horizon, It's Still A Good Option
Despite tariff fears, GSL's focus on mid-sized vessels positions it to benefit from shifting trade flows and constrained supply in its segment. Management's expertise in fleet renewal and debt reducti...
Global Ship Lease, Inc. (GSL) Q1 2025 Earnings Call Transcript
Global Ship Lease, Inc. (NYSE:GSL) Q1 2025 Earnings Conference Call May 19, 2025 10:30 AM ET Company Participants Thomas Lister - Chief Executive Officer George Youroukos - Executive Chairman Tassos ...
Global Ship Lease Reports Results for the First Quarter of 2025
Forward contract cover locked in for 93% of 2025 days and 75% of 2026 days Annualized dividend increased to $2.10 per Class A Common Share ATHENS, Greece, May 19, 2025 (GLOBE NEWSWIRE) -- Global Ship ...
Global Ship Lease Declares Quarterly Dividend per Common Share for First Quarter of 2025
ATHENS, Greece, May 12, 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...
Global Ship Lease Announces Annual Meeting of Shareholders
ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) has scheduled its Annual Meeting of Shareholders for June 17, 2025, at 10:00 a.m. Eastern Time (the ...
5 European Stocks Rated High On Our Value Rankings
Despite last week's market rally, which saw US markets recover losses since President Trump's tariff announcement in early April, American stocks are still underperforming their European counterparts.
Global Ship Lease Announces First Quarter 2025 Earnings Release, Conference Call and Webcast
ATHENS, Greece, May 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the C...
Global Ship Lease: A Contrarian Bet On The World Trade Volumes
Global Ship Lease's strong backlog and improved balance sheet make both common and preferred shares appealing, despite potential volatility in charter rates. 2024 was a strong year with increased reve...
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 va...
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-t...
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 buyback...
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 3...
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...
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 S...
Global Ship Lease Announces Fourth Quarter and Full Year 2024 Earnings Release, Conference Call and Webcast
ATHENS, Greece, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the ...
Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2024
ATHENS, Greece, Feb. 12, 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 ...
Global Ship Lease: 8%+ Yield, Still Very Undervalued
GSL offers high yield income with $1.8B in contracted revenues and a well-covered dividend yield of 8.42%. GSL's strategic focus on mid-size and smaller container ships, including high-reefer vessels,...
Global Ship Lease: Undervalued In Current Market
Global Ship Lease: Undervalued In Current Market
Global Ship Lease: A Solid Journey Across A Sea With Predictable Revenues
Global Ship Lease offers strong cash flow predictability with long-term contracts, high margins, and robust cash generation, making it an excellent investment opportunity. GSL's effective debt managem...
Global Ship Lease: Common Shares Are Getting More Interesting Than Preferreds
GSL's preferred shares are trading at a pretty substantial premium to their $25 call value. The common shares lost 30% of their value in the past few quarters. Although (container) shipping remains ve...