Q2 EPS Estimates for Global Ship Lease Reduced by B. Riley

Global Ship Lease, Inc. (NYSE:GSL) – Equities researchers at B. Riley dropped their Q2 2025 earnings estimates for Global Ship Lease in a note issued to investors on Monday, May 19th. B. Riley analyst L. Burke now anticipates that the shipping company will post earnings per share of $2.16 for the quarter, down from their prior estimate of $2.40. The consensus estimate for Global Ship Lease’s current full-year earnings is $9.74 per share. B. Riley also issued estimates for Global Ship Lease’s Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $2.38 EPS and FY2025 earnings at $9.44 EPS.

A number of other equities analysts have also recently commented on GSL. Jefferies Financial Group lifted their target price on shares of Global Ship Lease from $28.00 to $30.00 and gave the company a “buy” rating in a report on Monday. StockNews.com raised shares of Global Ship Lease from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Clarkson Capital raised shares of Global Ship Lease from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 19th.

Global Ship Lease Stock Performance

Shares of Global Ship Lease stock opened at $25.67 on Wednesday. The firm’s fifty day simple moving average is $21.95 and its 200-day simple moving average is $22.18. The stock has a market capitalization of $909.89 million, a price-to-earnings ratio of 2.84 and a beta of 1.10. Global Ship Lease has a 12 month low of $17.73 and a 12 month high of $30.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.64 and a quick ratio of 1.58.

Global Ship Lease (NYSE:GSL) last released its quarterly earnings data on Monday, May 19th. The shipping company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.38. Global Ship Lease had a net margin of 46.38% and a return on equity of 27.88%. The company had revenue of $190.98 million for the quarter, compared to analysts’ expectations of $171.73 million. During the same quarter last year, the company earned $2.53 earnings per share.

Hedge Funds Weigh In On Global Ship Lease

Several institutional investors have recently bought and sold shares of the company. Donald Smith & CO. Inc. increased its stake in Global Ship Lease by 2.6% in the 1st quarter. Donald Smith & CO. Inc. now owns 3,220,085 shares of the shipping company’s stock valued at $73,579,000 after buying an additional 80,615 shares during the period. Renaissance Technologies LLC boosted its position in shares of Global Ship Lease by 34.9% during the 4th quarter. Renaissance Technologies LLC now owns 629,750 shares of the shipping company’s stock worth $13,747,000 after purchasing an additional 162,900 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Global Ship Lease during the 1st quarter worth $13,304,000. Harbor Capital Advisors Inc. boosted its position in shares of Global Ship Lease by 1.3% during the 1st quarter. Harbor Capital Advisors Inc. now owns 526,769 shares of the shipping company’s stock worth $12,037,000 after purchasing an additional 6,856 shares in the last quarter. Finally, Foundry Partners LLC boosted its position in shares of Global Ship Lease by 1.5% during the 1st quarter. Foundry Partners LLC now owns 511,215 shares of the shipping company’s stock worth $11,681,000 after purchasing an additional 7,470 shares in the last quarter. 50.08% of the stock is owned by institutional investors and hedge funds.

Global Ship Lease Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, May 23rd will be paid a $0.525 dividend. This is a boost from Global Ship Lease’s previous quarterly dividend of $0.45. This represents a $2.10 annualized dividend and a yield of 8.18%. The ex-dividend date is Friday, May 23rd. Global Ship Lease’s payout ratio is currently 19.83%.

About Global Ship Lease

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.