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

Global Ship Lease (NYSE:GSL) will post its quarterly earnings results before the market opens on Monday, November 11th. Analysts expect Global Ship Lease to post earnings of $2.43 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Global Ship Lease Trading Down 0.6 %

Shares of NYSE:GSL opened at $24.58 on Friday. The company has a market cap of $906.02 million, a P/E ratio of 2.69 and a beta of 1.62. The stock’s 50-day moving average is $24.58 and its 200-day moving average is $25.89. Global Ship Lease has a 52-week low of $16.99 and a 52-week high of $30.32. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.42.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. StockNews.com downgraded Global Ship Lease from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 25th. Clarkson Capital raised Global Ship Lease from a “neutral” rating to a “buy” rating in a research report on Thursday, August 8th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $29.00 price target on shares of Global Ship Lease in a research report on Monday, August 5th.

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.