Global Net Lease Inc. (NYSE:GNL)‘s stock had its “marketperform” rating reiterated by FBR & Co in a report issued on Tuesday.
Shares of Global Net Lease (NYSE:GNL) remained flat at $7.65 during mid-day trading on Tuesday. The company’s stock had a trading volume of 178,151 shares. The firm has a market cap of $1.29 billion, a PE ratio of 32.97 and a beta of 0.53. The firm has a 50-day moving average of $8.09 and a 200-day moving average of $8.35. Global Net Lease has a 12-month low of $5.77 and a 12-month high of $9.29.
Global Net Lease (NYSE:GNL) last issued its quarterly earnings data on Monday, August 8th. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $53.20 million for the quarter, compared to analysts’ expectations of $49.10 million. Global Net Lease had a return on equity of 3.36% and a net margin of 18.87%.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 8th will be issued a dividend of $0.0592 per share. The ex-dividend date of this dividend is Tuesday, December 6th. This represents a $0.71 annualized dividend and a dividend yield of 9.28%. Global Net Lease’s dividend payout ratio (DPR) is 308.71%.
Global Net Lease Company Profile