Global Ship Lease, Inc. (GSL)
| Market Cap | 953.95M |
| Revenue (ttm) | 674.80M |
| Net Income (ttm) | 294.96M |
| Shares Out | 35.19M |
| EPS (ttm) | 8.21 |
| PE Ratio | 3.26 |
| Forward PE | n/a |
| Dividend | $1.50 (5.53%) |
| Ex-Dividend Date | May 23, 2024 |
| Volume | 1,004,974 |
| Open | 26.79 |
| Previous Close | 26.79 |
| Day's Range | 26.71 - 27.22 |
| 52-Week Range | 16.80 - 27.22 |
| Beta | 1.47 |
| Analysts | Strong Buy |
| Price Target | 29.00 (+6.97%) |
| Earnings Date | May 16, 2024 |
About GSL
Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU. The company was founded in 2007 and is based in Athens, Greece. [Read more]
Financial Performance
In 2023, GSL's revenue was $674.80 million, an increase of 4.51% compared to the previous year's $645.65 million. Earnings were $294.96 million, an increase of 4.08%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GSL stock is "Strong Buy" and the 12-month stock price forecast is $29.0.
News
Global Ship Lease Reports Results for the First Quarter of 2024
Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition ...
Global Ship Lease Declares Quarterly Dividend per Common Share for First Quarter of 2024
ATHENS, Greece, May 10, 2024 (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...
Global Ship Lease Announces First Quarter 2024 Earnings Release, Conference Call and Webcast
ATHENS, Greece, May 07, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the C...
Global Ship Lease Announces Annual Meeting of Shareholders
ATHENS, Greece, May 03, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) has scheduled its Annual Meeting of Shareholders for June 17, 2024, at 10:00 a.m. Eastern Time (the ...
Global Ship Lease Files its Annual Report for 2023 on Form 20-F
ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Form 20-F") with t...
Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
LONDON, March 04, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per deposi...
Global Ship Lease Reports Results for the Fourth Quarter of 2023
Contracted revenue of $1.72 billion, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities Contracted revenue o...
Global Ship Lease Announces Fourth Quarter and Full Year 2023 Earnings Release, Conference Call and Webcast
LONDON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company'...
Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2023
LONDON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company's Board of Directors has declared a dividend of $0.375 per Class A common ...
Global Ship Lease Announces CEO Transition
LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”), a leading independent owner of containerships, today announced that Ian Webber, its Chief Execut...
Global Ship Lease Reports Results for the Third Quarter of 2023
Contracted revenue of $1.81 billion, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share Contracted revenue of $1.81 billion, interest rate risk fully hedged, su...
Global Ship Lease Announces Third Quarter 2023 Earnings Release, Conference Call and Webcast
LONDON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company'...
Global Ship Lease to be a Project Partner to Bayes Business School on UK National Clean Maritime Research Hub
Collaborative effort of government, academic, and industry partners intended to accelerate decarbonization, reduce emissions, and maximize economic and societal benefits from the maritime energy trans...
Global Ship Lease Reports Results for the Second Quarter of 2023
Recent acquisitions come online, interest rate risk fully hedged, credit rating and outlook upgrades, sustainable quarterly dividend of $0.375 per common share Recent acquisitions come online, interes...
Global Ship Lease Announces Second Quarter 2023 Earnings Release, Conference Call and Webcast
LONDON, July 20, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company'...
Global Ship Lease Announces Credit Rating and Outlook Upgrades
Moody's Upgrades Corporate Family Rating; S&P Improves Outlook; KBRA Affirms Investment Grade Rating of Senior Secured Notes Moody's Upgrades Corporate Family Rating; S&P Improves Outlook; KBRA Affirm...
Global Ship Lease Announces Results of 2023 Annual Meeting of Shareholders
LONDON, June 06, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2023 Annual Meeting of Shareholders was duly held on June 6, 2023, in At...
Global Ship Lease Reports Results for the First Quarter of 2023
Value-focused growth adds to significant contract cover, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share Value-focused growth adds to significant contract co...
Global Ship Lease Announces Agreement to Acquire Four Post-Panamax Containerships on Multi-Year Charters
LONDON, May 08, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) a leading independent owner of containerships, announced today that it has agreed to purchase and charter b...
Global Ship Lease Announces First Quarter 2023 Earnings Release, Conference Call and Webcast
LONDON, May 01, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's...
Global Ship Lease Files its Annual Report for 2022 on Form 20-F
LONDON, March 23, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F for the year ended December 31, 2022 (the "Form 20-F") with the U.S. ...
Container lines still chartering ships despite drop in cargo demand
With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you might think nobody would be chartering more ships. In fact, t...
Global Ship Lease Reports Results for the Fourth Quarter of 2022
Significant contract cover, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per Common Share Significant contract cover, interest rate risk fully hedged, sustainable quarterl...
Global Ship Lease Announces Fourth Quarter and Full Year 2022 Earnings Release, Conference Call and Webcast
LONDON, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) a containership charter owner, announced today that it will hold a conference call to discuss the Company's...
Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2022
LONDON, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company's Board of Directors has declared a dividend of $0.375 per Class A common ...