Global Ship Lease Inc (GSL)

NYSE: GSL · IEX Real-Time Price · USD
17.35
-0.46 (-2.58%)
Jun 28, 2022 4:00 PM EDT - Market closed
-2.58%
Market Cap 693.36M
Revenue (ttm) 447.95M
Net Income (ttm) 163.23M
Shares Out 39.96M
EPS (ttm) 6.39
PE Ratio 2.72
Forward PE n/a
Dividend $1.13 (6.48%)
Ex-Dividend Date May 23, 2022
Volume 466,282
Open 17.95
Previous Close 17.81
Day's Range 17.32 - 18.01
52-Week Range 15.30 - 30.02
Beta 1.74
Analysts Buy
Price Target 35.02 (+101.8%)
Earnings Date Aug 4, 2022

About GSL

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom. [Read more...]

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

Financial Performance

In 2021, GSL's revenue was $447.95 million, an increase of 58.39% compared to the previous year's $282.81 million. Earnings were $171.50 million, an increase of 312.61%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for GSL stock is "Buy." The 12-month stock price forecast is 35.02, which is an increase of 101.84% from the latest price.

Price Target
$35.02
(101.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Global Ship Lease Announces Full Redemption of its 8.00% Senior Notes Due 2024

LONDON, June 17, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it has delivered a notice of redemption (the “Full Redemption”) to the registered holde...

Global Ship Lease Announces Closing of $350 Million of Senior Secured Notes due 2027

LONDON, June 16, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company” or “GSL”) announced today that its indirect wholly-owned subsidiary, Knausen Holding LLC (the “Issuer”), has c...

Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares

LONDON, June 08, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositar...

Global Ship Lease Announces Pricing of $350 Million of Senior Secured Notes due 2027

LONDON, June 02, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company” or “GSL”) announced today that its indirect wholly-owned subsidiary, Knausen Holding LLC (the “Issuer”), price...

7 Dividend Stocks to Buy for June With Yields Over 6%

As the stock market plunges toward bear market territory, investors increasingly look for dividend stocks to buy. These are the best dividend stocks to buy now.

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Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

Global Ship Lease Announces New Forward Charter Agreement

New multi-year charter for 8,600 TEU, 2004-built GSL Ningbo generating annualized EBITDA at approximately 3.1 times existing rate New multi-year charter for 8,600 TEU, 2004-built GSL Ningbo generating a...

Global Ship Lease Announces Participation in Carbon Capture Initiative

LONDON, May 12, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") today announced its participation in a carbon capture initiative led by Aqualung Carbon Capture AS (“Aqualung”...

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

Global Ship Lease (GSL) Meets Q1 Earnings Estimates

Global Ship Lease (GSL) delivered earnings and revenue surprises of 0% and 3.53%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Global Ship Lease Reports Results for the First Quarter of 2022

Declares Dividend of $0.375 per Common Share Declares Dividend of $0.375 per Common Share

What's in Store for Global Ship Lease (GSL) in Q1 Earnings?

High fuel costs are likely to have dented the bottom-line performance of Global Ship Lease (GSL) in Q1.

Global Ship Lease Announces First Quarter 2022 Earnings Release, Conference Call and Webcast

LONDON, May 02, 2022 (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 Company's re...

Bet on 4 Prospective Shipping Stocks in a Promising Industry

Investors interested in the Zacks Transportation --Shipping industry should consider adding stocks like Golar LNG (GLNG), Global Ship Lease (GSL), Eagle Bulk Shipping (EGLE) and EuroDry (EDRY) to their ...

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4 High Earnings Yield Picks to Spruce Up Your Portfolio

Marathon Oil (MRO), Mosaic (MOS), Univar Solutions (UNVR) and Global Ship Lease (GSL) are some stocks boasting high earnings yield.

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4 Solid Net Profit Margin Stocks to Craft a Standout Portfolio

Let's take a look at four top-ranked stocks - ARCO, TMST, GSL and DNOW - with stellar net profit margins for a winning portfolio.

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Has Global Ship Lease (GSL) Outpaced Other Transportation Stocks This Year?

Here is how Global Ship Lease (GSL) and Grupo Aeroportuario del Centro Norte (OMAB) have performed compared to their sector so far this year.

Global Ship Lease Files its Annual Report for 2021 on Form 20F

LONDON, April 04, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") has filed its Annual Report on Form 20-F for the year ended December 31, 2021 (the "Form 20-F") with the U.S...

Global Ship Lease (GSL): Strong Industry, Solid Earnings Estimate Revisions

Global Ship Lease (GSL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

7 Reliable Transportation Stocks to Buy Before Summer

The supply chain crisis is going to be here a while, these stocks will benefit

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Is Global Ship Lease (GSL) a Solid Growth Stock? 3 Reasons to Think " Yes "

Global Ship Lease (GSL) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Cruise Along in the Market With These 3 Shipping Stocks

The Zacks Transportation - Shipping Industry has a year-to-date return of nearly 35% with high-quality companies leading the way.

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Here's Why Momentum in Global Ship Lease (GSL) Should Keep going

Global Ship Lease (GSL) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through...

Investing in Shipping Stocks

Invest in the businesses that operate the massive vessels that make global trade possible.

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Bull of the Day: Global Ship Lease, Inc. (GSL)

Buoyed by an undervalued and leading industry group, it's not difficult to see why GSL is a top stock.