Global Ship Lease, Inc. (GSL)

NYSE: GSL · Real-Time Price · USD
24.91
+0.43 (1.76%)
May 27, 2025, 3:34 PM - Market open
1.76%
Market Cap 887.11M
Revenue (ttm) 715.23M
Net Income (ttm) 375.60M
Shares Out 35.61M
EPS (ttm) 10.54
PE Ratio 2.32
Forward PE 2.56
Dividend $2.10 (8.43%)
Ex-Dividend Date May 23, 2025
Volume 301,300
Open 24.57
Previous Close 24.48
Day's Range 24.45 - 25.05
52-Week Range 17.73 - 30.32
Beta 1.10
Analysts Strong Buy
Price Target 30.00 (+20.43%)
Earnings Date May 19, 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]

Industry Marine Shipping
Sector Industrials
IPO Date Aug 25, 2006
Employees 7
Stock Exchange NYSE
Ticker Symbol GSL
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for GSL stock is "Strong Buy" and the 12-month stock price forecast is $30.0.

Price Target
$30.0
(20.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days ago - Seeking Alpha

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 ...

8 days ago - Seeking Alpha

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 ...

8 days ago - GlobeNewsWire

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...

14 days ago - GlobeNewsWire

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 ...

18 days ago - GlobeNewsWire

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.

Other symbols: AGROEQNRSTLATS
19 days ago - Benzinga

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...

21 days ago - GlobeNewsWire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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,...

4 months ago - Seeking Alpha

Tariffs, Trump and China: What 2025 holds for shipping stocks

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

4 months ago - Market Watch

Global Ship Lease: Undervalued In Current Market

Global Ship Lease: Undervalued In Current Market

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

Global Ship Lease Announces Agreement to Acquire Four High-Reefer ECO Containerships on Multi-Year Charters, with 10-Year Financing Committed

Addition of 4x 2015/2016-built, immediately cash-generative post-panamax vessels, purchased from non-conventional seller at a 30+% discount to open-market charter-free values, consistent with strict i...

6 months ago - GlobeNewsWire

Global Ship Lease, Inc. (GSL) Q3 2024 Earnings Call Transcript

Global Ship Lease, Inc. (NYSE:GSL) Q3 2024 Results Conference Call November 11, 2024 10:30 AM ET Company Participants Tom Lister - Chief Executive Officer Georgios Youroukos - Executive Chairman Tass...

7 months ago - Seeking Alpha

Global Ship Lease Reports Results for the Third Quarter of 2024

Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and cashflow generation, supporting annualized dividend of $1....

7 months ago - GlobeNewsWire