Global Ship Lease
GSL
Market cap $993M

27.89 USD

+0.27

0.98%

At close Jul 11, 4:00 PM EDT

After hours

27.89

+0.00

0.00%

1 day

0.98%

5 days

4.85%

1 month

8.23%

3 months

40.57%

6 months

25.74%

Year to date

22.92%

1 year

4.50%

5 years

576.94%

10 years

-38.94%

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: 11

Industrials Marine Shipping

0

Funds holding %

of 7,312 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

51% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 39

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]

0% more capital invested

Capital invested by funds: $408M [Q4 2024] → $409M (+$587K) [Q1 2025]

8% less call options, than puts

Call options by funds: $7.61M | Put options by funds: $8.31M

2.98% less ownership

Funds ownership: 53.01% [Q4 2024] → 50.03% (-2.98%) [Q1 2025]

5% less funds holding

Funds holding: 157 [Q4 2024] → 149 (-8) [Q1 2025]

20% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 30

See Fund Rankings

Research analyst outlook

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

Low target

$30

8%

upside

Avg. target

$30

8%

upside

High target

$30

8%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Jefferies

Omar Nokta

8%upside

$30

Buy

Maintained

19 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about GSL published over the past 30 days

Global Ship Lease: Attractive Yield Likely To Increase Further

GSL remains an attractive buy, supported by strong Q1 results, a robust contract backlog, and continued fleet optimization. The company boasts a rock-solid financial position, low leverage, and a rising dividend yield near 7.8%, with further increases likely. Risks include potential share dilution and sector-specific headwinds, but long-term contracts and conservative management mitigate major threats.

Global Ship Lease: Attractive Yield Likely To Increase Further

Global Ship Lease: Expect More Dividend Hikes Ahead

I remain bullish on Global Ship Lease, which has outperformed both the market and its preferred shares since my latest update. My previous suggestion to shift from GSL preferreds to the common stock has proven highly successful, validating my conviction in the company's risk/reward profile. GSL's strong operational results and disciplined capital allocation continue to support both a pristine balance sheet and growing capital returns.

Global Ship Lease: Expect More Dividend Hikes Ahead

Global Ship Lease Announces Affirmed Credit Ratings and Outlooks

Moody's Maintains Corporate Family Rating; S&P Maintains Credit Rating; KBRA Maintains Issuer Rating and Affirms Investment Grade Rating of Senior Secured Notes Moody's Maintains Corporate Family Rating; S&P Maintains Credit Rating; KBRA Maintains Issuer Rating and Affirms Investment Grade Rating of Senior Secured Notes

Global Ship Lease Announces Affirmed Credit Ratings and Outlooks

Global Ship Lease: A Marine Shipping Stock Beyond Dividends

GSL is a resilient, flexible marine shipping play with long-term contracts, strong counterparties, and a niche in smaller, adaptable vessels. Recent fleet expansion, robust Q1 results, and a $1.87 bn contracted revenue backlog provide high revenue visibility and limited downside risk. The balance sheet is strong, with ample liquidity, investment-grade ratings, and a generous dividend yield of 7.8%, supported by low valuation multiples.

Global Ship Lease: A Marine Shipping Stock Beyond Dividends

CNBC International TV

Insurance costs for Strait of Hormuz 'all over the place', says Global Ship Lease CEO

Tom Lister, the CEO of Global Ship Lease, discusses the impact of Trump's tariffs and the ongoing crises in the Middle East on global shipping.

Insurance costs for Strait of Hormuz 'all over the place', says Global Ship Lease CEO

Global Ship Lease Announces Results of 2025 Annual Meeting of Shareholders

ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2025 Annual Meeting of Shareholders was duly held on June 17, 2025 in Athens, Greece (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, George Giouroukos, Ian J. Webber and Michael Chalkias, to serve until the Company's 2028 Annual Meeting of Shareholders and until such time as his respective successor has been duly elected and qualified, and (ii) ratified the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2025.

Global Ship Lease Announces Results of 2025 Annual Meeting of Shareholders

Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) (NYSE:GSLPrB). The dividend represents payment for the period from April 1, 2025 to June 30, 2025 and will be paid on July 1, 2025 to all Series B Preferred Shareholders of record as of June 23, 2025.

Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares

Global Ship Lease: Undervalued Opportunity

Global Ship Lease, Inc. remains significantly undervalued, with a strong balance sheet, guaranteed backlog, and a P/E ratio just above 2, supporting a Strong Buy rating. The company's 69-ship fleet is fully leased for the next 2+ years, providing $1.24 billion in near-guaranteed cash flows versus an $885 million market cap. Management continues to execute well, selling older ships at a gain, growing backlog, and maintaining an attractive 8% dividend yield in a volatile market.

Global Ship Lease: Undervalued Opportunity

Global Ship Lease: Securing New Charters With Ongoing Deleverage

GSL's asset-light model, strong backlog, and robust Q1 results support our strong buy rating and target price increase to $33.30 per share. The company boasts a 93% contract coverage for 2024, 75% for 2026, and an 8.5% dividend yield, offering downside protection and earnings visibility. GSL's deleveraging, rising cash position, and disciplined fleet management enhance its financial strength, supporting ongoing free cash flow growth.

Global Ship Lease: Securing New Charters With Ongoing Deleverage

Global Ship Lease: Despite Protectionism On The Horizon, It's Still A Good Option

Despite tariff fears, GSL's focus on mid-sized vessels positions it to benefit from shifting trade flows and constrained supply in its segment. Management's expertise in fleet renewal and debt reduction has strengthened GSL's financial position, lowering leverage and borrowing costs significantly. GSL's stable, locked-in contracts and robust cash generation create a high margin of safety and underscore its undervaluation at current market prices.

Global Ship Lease: Despite Protectionism On The Horizon, It's Still A Good Option

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