Key Details
Price
$7.32Last Dividend
$0.28Annual Revenue
$515.07 MAnnual EPS
-$1.71Annual ROE
-10.35%Beta
0.82Events Calendar
Next earnings date:
Feb 27, 2025Recent quarterly earnings:
Nov 06, 2024Recent annual earnings:
Feb 27, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Oct 11, 2024Next split:
N/ARecent split:
Mar 01, 2017Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
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 $0.40 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Global Net Lease (GNL) or EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?
Although the Federal Reserve's continued caution regarding interest rate cuts has stymied a further recovery for real estate investment trusts (REITs), when it comes to the top REITs to sell, that's not the main issue at hand. Rather, these clear-cut sells in the sector face either REIT-specific or property class-specific headwinds.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Net Lease (GNL) and EastGroup Properties (EGP). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Global Net Lease (GNL) and EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?
A prolonged decrease in the ten-year treasury yield led to extended decreases in capitalization rates for different property types. Despite favorable market conditions, Global Net Lease has not been successful. With the real estate market worsening, there is no indication of improvement. GNL's AFFO per share has dropped by more than 30% in the last two years, leading to dividend reductions.
Global Net Lease dropped sharply and reset the dividend rates and AFFO expectations. Normally, this would be credit positive and boost our value of the preferred shares. We tell you why we think the high yield preferred shares need to be exited.
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