Media stories about Global Net Lease (NYSE:GNL) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Global Net Lease earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.8537276052421 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several equities analysts have recently weighed in on GNL shares. B. Riley reiterated a “neutral” rating and set a $26.00 price objective on shares of Global Net Lease in a report on Tuesday, November 7th. BidaskClub upgraded shares of Global Net Lease from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 22nd. Zacks Investment Research lowered shares of Global Net Lease from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Finally, FBR & Co reiterated a “hold” rating on shares of Global Net Lease in a report on Tuesday, October 10th.
Global Net Lease (NYSE GNL) opened at $21.38 on Thursday. Global Net Lease has a fifty-two week low of $20.71 and a fifty-two week high of $25.25. The firm has a market cap of $1,447.34, a PE ratio of 10.05 and a beta of 0.68. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.30.
The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 8th were issued a dividend of $0.1775 per share. The ex-dividend date was Tuesday, November 7th. This represents a $2.13 annualized dividend and a dividend yield of 9.96%. Global Net Lease’s dividend payout ratio is currently 434.68%.
In related news, CEO James Larry Nelson acquired 2,000 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were purchased at an average price of $21.48 per share, for a total transaction of $42,960.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is currently owned by corporate insiders.
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Global Net Lease Company Profile
Global Net Lease, Inc is a real estate investment trust. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. It owns and invests in commercial properties principally in the United States, the United Kingdom and continental Europe that are then leased to companies.
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