Global Net Lease Inc (NYSE: GNL) is -5.07% lower on its value in year-to-date trading and has touched a low of $6.51 and a high of $9.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GNL stock was last observed hovering at around $7.21 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $6.93, the stock is -10.75% and -8.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.69 million and changing -3.88% at the moment leaves the stock -11.58% off its SMA200. GNL registered -9.17% loss for a year compared to 6-month loss of -18.09%. The firm has a 50-day simple moving average (SMA 50) of $7.5968 and a 200-day simple moving average (SMA200) of $7.8379.
The stock witnessed a -11.49% gain in the last 1 month and extending the period to 3 months gives it a -6.22%, and is -11.15% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.47% over the week and 3.44% over the month.
Global Net Lease Inc (GNL) has around 73 employees, a market worth around $1.60B and $805.01M in sales. Profit margin for the company is -21.86%. Distance from 52-week low is 6.45% and -23.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.76%).
with sales reaching $187.4M over the same period.The EPS is expected to grow by 55.26% this year, but quarterly earnings will post -17.90% year-over-year. Quarterly sales are estimated to shrink -9.05% in year-over-year returns.
416.0 institutions hold shares in Global Net Lease Inc (GNL), with institutional investors hold 76.99% of the company’s shares. The shares outstanding are 231.05M, and float is at 199.04M with Short Float at 3.43%. Institutions hold 66.41% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 33.35 million shares valued at $245.15 million. The investor’s holdings represent 14.4813 of the GNL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 31.47 million shares valued at $231.31 million to account for 13.6605 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.48 million shares representing 4.9809 and valued at over $84.34 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.1694 of the shares totaling 5.0 million with a market value of $36.74 million.
Global Net Lease Inc (GNL) Insider Activity
The most recent transaction is an insider sale by SCHORSCH NICHOLAS S, the company’s 10% Owner. SEC filings show that SCHORSCH NICHOLAS S sold 200,000 shares of the company’s common stock on Apr 03 ’25 at a price of $7.95 per share for a total of $1.59 million. Following the sale, the insider now owns 1.63 million shares.
Global Net Lease Inc disclosed in a document filed with the SEC on Nov 11 ’24 that SCHORSCH NICHOLAS S (10% Owner) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $7.72 per share for $0.77 million. Following the transaction, the insider now directly holds 1.83 million shares of the GNL stock.
Still, SEC filings show that on Oct 02 ’24, SCHORSCH NICHOLAS S (10% Owner) acquired 100,000 shares at an average price of $8.40 for $0.84 million. The insider now directly holds 1,729,073 shares of Global Net Lease Inc (GNL).
