Global Net Lease, Inc. (GNL)
| Market Cap | 2.29B |
| Revenue (ttm) | 402.29M |
| Net Income (ttm) | -197.57M |
| Shares Out | 230.17M |
| EPS (ttm) | -1.64 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.42 (14.23%) |
| Ex-Dividend Date | Oct 11, 2023 |
| Volume | 1,184,579 |
| Open | 10.17 |
| Previous Close | 10.11 |
| Day's Range | 9.94 - 10.19 |
| 52-Week Range | 7.56 - 15.28 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 10.59 (+6.43%) |
| Earnings Date | Feb 22, 2024 |
About GNL
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. [Read more]
Financial Performance
In 2022, GNL's revenue was $378.86 million, a decrease of -3.16% compared to the previous year's $391.23 million. Losses were -$8.36 million, -3.85% less than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GNL stock is "Buy." The 12-month stock price forecast is $10.59, which is an increase of 6.43% from the latest price.
News
Global Net Lease, Inc. Announces Preferred Stock Dividends
NEW YORK, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL/ GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared quarterly dividends on i...
Global Net Lease Continues Leasing Momentum Into the Fourth Quarter
NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it completed approximately 1.7 million square feet of leasing activity, com...
Global Net Lease Reports Third Quarter 2023 Results
Closed Transformational Merger and Internalization Creating Third Largest Publicly Listed Net Lease REIT with a Global Presence Exceeded Initial Synergy Estimate of $54 Million by $2 Million Based on ...
GLOBAL NET LEASE ANNOUNCES RELEASE DATE FOR THIRD QUARTER 2023 RESULTS
NEW YORK , Oct. 12, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") announced today it will release its financial results for the third quarter ended September 30, 202...
Global Net Lease, Inc. Announces Common Stock Dividend for the Fourth Quarter 2023
NEW YORK , Oct. 2, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL") (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend on its outstanding common stock f...
Global Net Lease, Inc. Announces Preferred Stock Dividends
NEW YORK , Sept. 25, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or the "Company") (NYSE: GNL/ GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared quarterly dividends on its...
GLOBAL NET LEASE AND THE NECESSITY RETAIL REIT COMPLETE MERGER AND INTERNALIZATION TRANSACTION
Establishes Third-Largest Net Lease REIT With Global Presence NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Global Net Lease Inc. (NYSE: GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT In...
The Necessity Retail REIT Announces Special Stockholder Meeting Preliminary Results
Preliminary Results Indicate Stockholders Approved Merger and Internalization with GNL Transaction Expected to Close on September 12, 2023 NEW YORK , Sept. 8, 2023 /PRNewswire/ -- The Necessity Retail...
Global Net Lease, Inc. Announces Special Stockholder Meeting Preliminary Results
Preliminary Results Indicate Stockholders Approved Proposals Involving Merger and Internalization Transaction Transaction Expected to Close on September 12, 2023 NEW YORK , Sept. 8, 2023 /PRNewswire/ ...
Orange Capital to Vote FOR the Merger and Internalization Transaction at the GNL Special Meeting
Orange Capital Agrees that the Proposed Internalization Consideration is Within the Range of Precedent Transactions NEW YORK , Sept. 6, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capita...
Orange Capital Issues Statement and Releases KEY Questions in Advance of Today's GNL Management Call
Both ISS and Glass Lewis recommend GNL shareholders vote AGAINST the proposed value-destructive merger of GNL and RTL NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capi...
Blackwells Capital Reiterates Support for the Combination of Global Net Lease and The Necessity Retail REIT
NEW YORK--(BUSINESS WIRE)--Blackwells Capital LLC (together with its affiliates, “Blackwells”), an alternative investment management firm that is a shareholder of both Global Net Lease, Inc. (NYSE: GN...
GLOBAL NET LEASE TO HOST CONFERENCE CALL AND Q&A TO DISCUSS BENEFITS OF MERGER AND INTERNALIZATION TRANSACTION
ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization NEW YORK , Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("Global N...
Global Net Lease, Inc. Announces $500 Million Credit Facility Accordion
To be Effective Upon Completion of Merger and Internalization with Necessity Retail REIT, Inc. Increases Credit Facility to $1.95 Billion NEW YORK , Aug. 31, 2023 /PRNewswire/ -- Global Net Lease, Inc...
Global Net Lease and Necessity Retail REIT Release Presentation Detailing Benefits of Merger
Highlights Efficiencies, Scale and Significant Governance Overhauls Nominated Directors of GNL and RTL Were Re-Elected by Shareholders Following the Merger Announcement with 85% GNL Shareholder Parti...
The 10% Yielding Real Estate Portfolio
REITs trade more like bonds than stocks, so they tend to hold up well in recessions. Their dividends come back in vogue as easy money dries up.
Orange Capital Releases Detailed Presentation on Why It Intends to Vote Against the Merger of Global Net Lease, Inc. and the Necessity Retail REIT, Inc.
Highlights Lack of Financial or Strategic Value for GNL Stockholders Identifies Key Questions for GNL Stockholders to Ask GNL Board NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Orange Capital Ventures, L...
GLOBAL NET LEASE REPORTS SECOND QUARTER 2023 RESULTS
Company to Host Investor Webcast and Conference Call Today at 1:00 PM ET NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company"), a real estate investment t...
THE NECESSITY RETAIL REIT ANNOUNCES SECOND QUARTER 2023 RESULTS
Company to Host Investor Webcast and Conference Call at 11:00 AM ET Today NEW YORK , Aug. 2, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL" or the "Company"), a real estate ...
THE NECESSITY RETAIL REIT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Necessity Retail REIT Inc. - RTL
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Necessity Re...
Orange Capital Outlines Strong-arm Tactics Deployed by Global Net Lease, Inc. Board Regarding the Proposed Merger with Necessity Retail REIT
GNL's Board has Refused to Commit to Important Governance Enhancements Unless Shareholders Approve the Proposed Merger NEW YORK, July 20, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capi...
Global Net Lease, Inc. and The Necessity Retail REIT, Inc. Announce Effectiveness of Registration Statement
Special Meetings Scheduled for September 8, 2023 Merger Expected to Close in September 2023 NEW YORK , July 19, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or "the Company") (NYSE: GNL/ GNL PRA...
GLOBAL NET LEASE ANNOUNCES RELEASE DATE FOR SECOND QUARTER 2023 RESULTS
NEW YORK , July 13, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") announced today it will release its financial results for the second quarter ended June 30, 2023 on...
Global Net Lease, Inc. Announces $50 Million Disposition of Office Property in San Jose, CA
NEW YORK, July 11, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or "the Company") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that it has signed a definitive purchase and sale agreement to se...