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Global Ship Lease Inc (GSL)

Stock Price: $19.82 USD -0.39 (-1.91%)
Updated Jun 16, 2021 9:41 AM EDT - Market open
Market Cap 711.48M
Revenue (ttm) 282.81M
Net Income (ttm) 37.57M
Shares Out 36.28M
EPS (ttm) 0.70
PE Ratio 28.52
Forward PE n/a
Dividend $0.25
Dividend Yield 1.26%
Trading Day June 16
Last Price $19.82
Previous Close $20.21
Change ($) -0.39
Change (%) -1.91%
Day's Open 20.20
Day's Range 19.80 - 20.21
Day's Volume 31,718
52-Week Range 3.96 - 21.50

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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...

1 day ago - Zacks Investment Research

Global Ship Lease (GSL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

6 days ago - Zacks Investment Research

Vessels averaging 3,000 TEU chartered to leading liner operators with significant near-term upside potential in strong charter market Vessels averaging 3,000 TEU chartered to leading liner operators wit...

1 week ago - GlobeNewsWire

LONDON, June 07, 2021 (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...

1 week ago - GlobeNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

If you are looking for stocks that are well positioned to maintain their recent uptrend, Global Ship Lease (GSL) could be a great choice. It is one of the several stocks that passed through our "Recent ...

2 weeks ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 weeks ago - Zacks Investment Research

Shares of Global Ship Lease (NYSE:GSL) moved higher by 0.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 16.95% year over year to $0.49, which m...

1 month ago - Benzinga

Declares Dividend of $0.25 per Common Share Declares Dividend of $0.25 per Common Share

1 month ago - GlobeNewsWire

On Monday, May 10, Global Ship Lease (NYSE:GSL) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

1 month ago - Benzinga

High container rates are likely to have aided Global Ship Lease's (GSL) Q1 performance.

1 month ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — have...

Other stocks mentioned: AMKBY, CMRE, DAC, DHT, EDRY, EGLE, ESEA ...
1 month ago - FreightWaves

LONDON, April 30, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the...

1 month ago - GlobeNewsWire

3 Shipping Stocks to Tide Over Coronavirus-Led Industry Hurdles

Other stocks mentioned: CMRE, DAC, DHT, FRO
2 months ago - Zacks Investment Research

Listed container-ship owners and operators won't report final Q1 results for another month, but three early disclosures give a taste of what's to come. The signals are flashing bright green.

Other stocks mentioned: ATCO, CMRE, CPLP, DAC, ESEA, NMM
2 months ago - FreightWaves

If you want to enhance your likelihood to uncover bargains, one way to do so is to screen the market for equities that are trading at a discount to their intrinsic value estimate as calculated from the ...

Other stocks mentioned: GTN, SAMG
2 months ago - GuruFocus

LONDON, April 09, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today the pricing of the previously announced secondary offering by certain shareholders of the Co...

2 months ago - GlobeNewsWire

LONDON, April 08, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that KEP VI (Newco Marine), Ltd. and KIA VIII (Newco Marine), Ltd., both affiliates of Kelso...

2 months ago - GlobeNewsWire

LONDON, March 24, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F on March 19, 2021 for the year ended December 31, 2020 (the "Form 20-F"...

2 months ago - GlobeNewsWire

After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns.

Other stocks mentioned: CMRE, DHT, DSSI, EGLE, ESEA, FRO, GNK ...
3 months ago - FreightWaves

LONDON, March 05, 2021 (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 deposita...

3 months ago - GlobeNewsWire

Shares of Global Ship Lease (NYSE:GSL) fell 0.1% after the company reported Q4 results. Quarterly Results Earnings per share rose 14.81% year over year to $0.31, which missed the estimate of $0.43.

3 months ago - Benzinga

Global Ship Lease (NYSE:GSL) will be releasing its next round of earnings this Thursday, March 04. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.

3 months ago - Benzinga

Global Ship Lease (GSL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

SAILING INTO RECOVERY  Complimentary Registration

Other stocks mentioned: CPLP, DAC, EDRY, ESEA, GNK, GOGL, GRIN ...
3 months ago - GlobeNewsWire

Global Ship Lease (GSL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 months ago - Zacks Investment Research

One Wall Street analyst is bullish on the company's expansion plans.

4 months ago - The Motley Fool

LONDON, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) announced today that it has closed its underwritten public offering of 5,400,000 Class A common shares, at a...

4 months ago - GlobeNewsWire

The container ship owner is selling shares into a rally.

4 months ago - The Motley Fool

LONDON, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) announced today the pricing of its previously announced underwritten public offering (the “Offering”) of 5,4...

4 months ago - GlobeNewsWire

LONDON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) announced today that it intends to commence an underwritten public offering (the “Offering”) of its Class A ...

4 months ago - GlobeNewsWire

LONDON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it has closed on its previously announced full redemption of all of the then-outstandin...

4 months ago - GlobeNewsWire

High yield for your IRA is easier to come by than high qualified yield for your taxable account. Regional banks, containership preferred, insurance companies, turnarounds, and companies with over-looked...

Other stocks mentioned: ATCO, CMRE, KINS, NRIM, AMNF, PEBO
4 months ago - Seeking Alpha

Preferreds have continued powering higher on the back of lower volatility and spread compression. Few opportunities exist among IG preferreds but there are still some beaten-down high yield preferreds w...

Other stocks mentioned: ATCO, CMRE, GOOD, GOODM, NYMT, NYMTM, NYMTN ...
4 months ago - Seeking Alpha

Global Ship Lease (GSL) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

5 months ago - Zacks Investment Research

GSL Corporate Family Rating Upgraded to B2 / Positive on basis of recent refinancing, resilient performance, and improved leverage profile GSL Corporate Family Rating Upgraded to B2 / Positive on basis ...

5 months ago - GlobeNewsWire

Company to initiate quarterly cash dividend of $0.12 per Class A Common Share, with effect from first quarter of 2021 Company to initiate quarterly cash dividend of $0.12 per Class A Common Share, with ...

5 months ago - GlobeNewsWire

Container ship leasing rates are at decade highs and rising as current demand for worldwide containerized trade far outstrips ship capacity. Restrained ship ordering from years of trade tension uncertai...

Other stocks mentioned: ATCO, CMRE, CPLP, DAC, ESEA, NMCI, NMM
5 months ago - Seeking Alpha

LONDON, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it has issued a notice of optional full redemption for all of the currently outstanding...

5 months ago - GlobeNewsWire

Refinancing of 9.875% Senior Secured Notes due 2022 expected to reduce annual debt service by up to $15 million, extends maturity to 2026, and simplifies covenants to materially improve flexibility Refi...

5 months ago - GlobeNewsWire

Value Investor's Edge Live continues with this latest episode focused on the containership segment of the shipping industry. We hosted the management team at Global Ship Lease on 12 November to discuss ...

5 months ago - Seeking Alpha

As of late, it has definitely been a great time to be an investor in Global Ship Lease (GSL).

5 months ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

5 months ago - Zacks Investment Research

As of Dec. 16, the GuruFocus All-in-One Screener, a Premium feature, found that the following industrial companies have low price-earnings ratios and are owned by gurus. While some of them are great val...

Other stocks mentioned: APT, CIX, CPLP
5 months ago - GuruFocus

In previous large fixed-income sell-offs, most preferred stocks and baby bonds ultimately returned to par and higher. We believe this is happening as we speak. Currently the market is rotating from qual...

6 months ago - Seeking Alpha

The world's container liner business is now so consolidated that it can deftly match vessel capacity to cargo demand. This change — courtesy of mergers and alliances — is structural, not cyclical.

Other stocks mentioned: ATCO, CMRE, DAC, NMCI
6 months ago - FreightWaves

LONDON, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”), a leading independent owner of containerships, today announced that S&P Global Ratings (“S&P”) has upgraded...

6 months ago - GlobeNewsWire

LONDON, Dec. 09, 2020 (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...

6 months ago - GlobeNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

6 months ago - Zacks Investment Research

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, 2021, it owned 43 mid-sized and smaller containerships with an aggregate capacity of 245,280 twenty-foot equivalent units. The company is based in London, the United Kingdom.

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

Financial Performance

In 2020, GSL's revenue was $282.81 million, an increase of 8.32% compared to the previous year's $261.10 million. Earnings were $41.56 million, an increase of 4.33%.

Financial Statements

Analyst Forecasts

According to 2 analysts, the average rating for GSL stock is "Strong Buy." The 12-month stock price forecast is 21.67, which is an increase of 9.31% from the latest price.

Price Target
$21.67
(9.31% upside)
Analyst Consensus: Strong Buy