Global Ship Lease (GSL) Set to Announce Quarterly Earnings on Monday

Global Ship Lease (NYSE:GSL) is scheduled to announce its earnings results before the market opens on Monday, November 11th. Analysts expect the company to announce earnings of $2.43 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Global Ship Lease Stock Performance

Shares of NYSE GSL opened at $24.58 on Friday. The stock has a fifty day moving average price of $24.58 and a two-hundred day moving average price of $25.89. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.42. The firm has a market cap of $906.02 million, a P/E ratio of 2.69 and a beta of 1.62. Global Ship Lease has a 1 year low of $16.99 and a 1 year high of $30.32.

Analyst Ratings Changes

GSL has been the subject of several research reports. Clarkson Capital raised Global Ship Lease from a “neutral” rating to a “buy” rating in a research note on Thursday, August 8th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $29.00 target price on shares of Global Ship Lease in a research report on Monday, August 5th. Finally, StockNews.com cut Global Ship Lease from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 25th.

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.