Global Net Lease(GNL)

Search documents
3 Sorry REITs to Sell in May While You Still Can
investorplace.com· 2024-05-30 10:45
We can all agree that the Federal Reserve's never-ending battle in curbing inflation has been incredibly exhausting. The latest in this saga is that the Fed believes it will have to keep interest rates "higher for longer," which will likely result in significant volatility in the stock market. With these economic pressures expected to sustain for a while, it might be time to think about REITS to sell. Real Estate Investment Trusts (REITs) are known to be sensitive to interest rate fluctuations. Some trusts ...
GNL or EGP: Which Is the Better Value Stock Right Now?
zacks.com· 2024-05-29 16:46
Core Viewpoint - The article compares Global Net Lease (GNL) and EastGroup Properties (EGP) to determine which stock represents a better undervalued investment opportunity for investors in the REIT and Equity Trust - Other sector [1] Valuation Metrics - GNL has a forward P/E ratio of 5.44, significantly lower than EGP's forward P/E of 19.23 [5] - GNL's PEG ratio is 0.91, while EGP's PEG ratio is 2.48, indicating GNL's stock is expected to grow at a more favorable rate relative to its price [5] - GNL's P/B ratio is 0.66, compared to EGP's P/B of 2.89, suggesting GNL is undervalued relative to its book value [6] Earnings Estimates - GNL currently holds a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions, while EGP has a Zacks Rank of 3 (Hold) [3] - The stronger estimate revision activity for GNL suggests a more favorable earnings outlook compared to EGP [7] Value Grades - GNL has been assigned a Value grade of A, while EGP has received a Value grade of F, highlighting GNL's superior valuation metrics [6]
Should Value Investors Buy Global Net Lease (GNL) Stock?
zacks.com· 2024-05-29 14:46
GNL is also sporting a PEG ratio of 0.90. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GNL's PEG compares to its industry's average PEG of 1.93. Over the past 52 weeks, GNL's PEG has been as high as 1.21 and as low as 0.73, with a median of 0.94. Another valuation metric that we should highlight is GNL's P/B ratio of 0.68. The P/B is a method of comparing a stock's market value to its book value, which is defined ...
Global Net Lease(GNL) - 2024 Q1 - Quarterly Report
2024-05-08 20:16
650 Fifth Ave., 30th Floor, New York, NY 10019 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission file number: 001-37390 Global Net Lease, Inc. (Exact name of registrant as s ...
Global Net Lease(GNL) - 2024 Q1 - Earnings Call Transcript
2024-05-08 19:32
Global Net Lease Inc. (NYSE:GNL) Q1 2024 Results Conference Call May 8, 2024 11:00 AM ET Company Participants Jordyn Schoenfeld - CPA Michael Weil - CEO Chris Masterson - CFO Conference Call Participants Bryan Maher - B. Riley Securities Antara Nag-Chaudhuri - KeyBanc Capital Markets Mitch Germain - Citizens JMP Operator Ladies and gentlemen, good morning, and welcome to the Global Net Lease, Inc. First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief ...
Global Net Lease (GNL) Matches Q1 FFO Estimates
Zacks Investment Research· 2024-05-07 23:50
Global Net Lease (GNL) came out with quarterly funds from operations (FFO) of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.38 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.40 per share when it actually produced FFO of $0.31, delivering a surprise of -22.50%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Globa ...
Global Net Lease(GNL) - 2024 Q1 - Quarterly Results
2024-05-07 20:19
EXHIBIT 99.2 Global Net Lease, Inc. Supplemental Information Quarter ended March 31, 2024 (unaudited) Global Net Lease, Inc. Supplemental Information Quarter ended March 31, 2024 (Unaudited) Table of Contents | Item | Page | | --- | --- | | Non-GAAP Definitions | 4 | | Key Metrics | 6 | | Consolidated Balance Sheets | 7 | | Consolidated Statements of Operations | 8 | | Non-GAAP Measures | 9 | | Debt Overview | 11 | | Future Minimum Lease Rents | 12 | | Top Twenty Tenants | 13 | | Diversification by Property ...
Global Net Lease Announces Release Date for First Quarter 2024 Results
Newsfilter· 2024-04-23 10:00
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") announced today that it will release its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Wednesday, May 8, 2024, beginning at 11:00 a.m. ET, to discuss the first quarter results and provide commentary on business performance. The results will be relea ...
Global Net Lease: Declining Dividends And AFFO Per Share Impact Common Shares
Seeking Alpha· 2024-04-18 02:39
DNY59 REIT investing has been reshaped over the past five years. Looking at the era following the Great Recession, rock bottom interest rates precipitated a long-term decline in capitalization rates, which mirrored the long-term decline in treasury rates. As the ten-year treasury yield fell consistently over a period of four decades, real estate investors were supported by an extraordinary tailwind. Data by YCharts The era was essentially “easy street” for most REITs. However, as we know well, not all R ...
Global Net Lease Announces $462 Million of Dispositions Closed or Under Agreement¹ as Part of Strategic Disposition Plan
Newsfilter· 2024-04-17 10:00
Expect to achieve a 7.2% cash cap rate on occupied dispositions with a weighted average remaining lease term of 3.8 years NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") today announced continued progress on its 2024 strategic disposition plan, which it first detailed in its fourth-quarter and full year earnings report in February 2024. As of April 15, 2024, GNL's strategic disposition efforts have resulted in over $462 million of transactions that are ...