GSL icon

Global Ship Lease

21.63 USD
-0.01
0.05%
At close Feb 7, 4:00 PM EST
After hours
21.63
+0.00
0.00%
1 day
-0.05%
5 days
1.93%
1 month
-3.35%
3 months
-12.54%
6 months
-19.35%
Year to date
-4.67%
1 year
4.29%
5 years
183.12%
10 years
-49.08%
 

About: Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.

Employees: 7

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

261% more call options, than puts

Call options by funds: $37.9M | Put options by funds: $10.5M

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 56

7% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 27

4% less funds holding

Funds holding: 163 [Q2] → 157 (-6) [Q3]

6.37% less ownership

Funds ownership: 65.14% [Q2] → 58.76% (-6.37%) [Q3]

16% less capital invested

Capital invested by funds: $658M [Q2] → $551M (-$106M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$29
34%
upside
Avg. target
$29
34%
upside
High target
$29
34%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Jefferies
Omar Nokta
26% 1-year accuracy
15 / 57 met price target
34%upside
$29
Buy
Maintained
11 Nov 2024

Financial journalist opinion

Based on 5 articles about GSL published over the past 30 days

Positive
Zacks Investment Research
6 days ago
Why Global Ship Lease (GSL) Could Beat Earnings Estimates Again
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.
Why Global Ship Lease (GSL) Could Beat Earnings Estimates Again
Positive
Zacks Investment Research
1 week ago
These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
Positive
Zacks Investment Research
1 week ago
Should Value Investors Buy Global Ship Lease (GSL) Stock?
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 value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Global Ship Lease (GSL) Stock?
Positive
Seeking Alpha
2 weeks ago
Global Ship Lease: 8%+ Yield, Still Very Undervalued
GSL offers high yield income with $1.8B in contracted revenues and a well-covered dividend yield of 8.42%. GSL's strategic focus on mid-size and smaller container ships, including high-reefer vessels, positions it well in the market. Despite recent price declines, GSL's strong earnings, declining debt leverage, and low valuations make it a speculative Buy.
Global Ship Lease: 8%+ Yield, Still Very Undervalued
Negative
Market Watch
3 weeks ago
Tariffs, Trump and China: What 2025 holds for shipping stocks
The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.
Tariffs, Trump and China: What 2025 holds for shipping stocks
Positive
Zacks Investment Research
1 month ago
Are Investors Undervaluing Global Ship Lease (GSL) Right Now?
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 value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Global Ship Lease (GSL) Right Now?
Positive
Seeking Alpha
1 month ago
Global Ship Lease: Undervalued In Current Market
Global Ship Lease: Undervalued In Current Market
Global Ship Lease: Undervalued In Current Market
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for January 2nd
GSL, SUN and GPRK made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 2, 2024.
Best Income Stocks to Buy for January 2nd
Positive
Seeking Alpha
1 month ago
Global Ship Lease: A Solid Journey Across A Sea With Predictable Revenues
Global Ship Lease offers strong cash flow predictability with long-term contracts, high margins, and robust cash generation, making it an excellent investment opportunity. GSL's effective debt management and reduced break-even rates highlight the company's financial strength and operational efficiency. The company has secured $1.8 billion in future contracts, representing 156% of its enterprise value, ensuring profitability and safety.
Global Ship Lease: A Solid Journey Across A Sea With Predictable Revenues
Positive
Seeking Alpha
1 month ago
Global Ship Lease: Common Shares Are Getting More Interesting Than Preferreds
GSL's preferred shares are trading at a pretty substantial premium to their $25 call value. The common shares lost 30% of their value in the past few quarters. Although (container) shipping remains very cyclical, I'm warming up again to the common shares.
Global Ship Lease: Common Shares Are Getting More Interesting Than Preferreds
Charts implemented using Lightweight Charts™