Global Net Lease

Global Net Lease, Inc. engages in the as a real estate investment services. It is focuses on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the U.S., Western, and Northern Europe. The company was founded on July 13, 2011 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Global Net Lease (GNL) excels in 2022, faces financing challenges

Global Net Lease (GNL) delivered a strong financial performance in 2022, driven by high occupancy rates, successful lease renewals, and strategic acquisitions.
While facing challenges from rising interest rates and market uncertainties, GNL's focus on industrial properties and financial stability positions it well for future growth.
To capitalize on opportunities, GNL should continue its strategic approach to property investments, lease management, and financial planning.

Global Net Lease (GNL) reports strong Q1 performance and strategic acquisitions

Global Net Lease (GNL) demonstrated strong operational performance in Q1 2023 with a focus on acquisitions and leasing activities.
Despite facing a net loss, the company's high portfolio occupancy and dividend distribution reflect its commitment to shareholder value.
GNL's strategic approach to acquisitions and renewals positions it well for future growth and value creation.

Global Net Lease (GNL) reports robust Q2 earnings and strategic portfolio moves

Global Net Lease (GNL) delivered a solid performance in Q2 2023, driven by strong leasing activity and high occupancy levels across its portfolio.
With a focus on quality tenants and strategic portfolio optimization, GNL showcased resilience and positioned itself for future growth opportunities.
While facing integration challenges from the proposed merger and operational hurdles, GNL's emphasis on stability and value creation underpins its long-term prospects.

Global Net Lease (GNL) reports mixed Q3 results, eyes growth opportunities

Global Net Lease (GNL) delivered mixed financial results in Q3 2023, with strong revenue but a net loss. Despite challenges in occupancy optimization, the company remains focused on reducing debt, increasing NOI, and pursuing growth opportunities.

Global Net Lease (GNL) focuses on deleveraging and maximizing value

Global Net Lease (GNL) is strategically positioned to execute its 2024 plan, emphasizing leverage reduction and shareholder value maximization.
The company's strong asset management capabilities and focus on quality tenants provide a solid foundation for financial performance.
GNL faces challenges in debt management and market dynamics but has opportunities to drive value through strategic dispositions and debt reduction.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Global Net Lease, Inc. is involved in real estate investment, acquiring a diversified global portfolio of commercial properties. It operates through the following segments: Industrial and Distribution, Multi-Tenant Retail, Single-Tenant Retail, and Office. The company was founded on July 13, 2011, and is headquartered in New York, NY.

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.

Global Net Lease (GNL) Q2 FFO Match Estimates

— Increased AFFO Per Share by 2% While Reducing Outstanding Debt By $251 Million, Improving Net Debt to Adjusted EBITDA from 8.4x to 8.1x

Global Net Lease Reports Second Quarter 2024 Results

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it will release its financial results for the second quarter ended June 30, 2024 on Tuesday, August 6, 2024 after the close of trading on the New York Stock Exchange.

Global Net Lease Announces Release Date for Second Quarter 2024 Results

Arbor Realty Trust

Ashford Hospitality Trust

Bally's

JPMorgan BetaBuilders MSCI US REIT ETF

Boston Properties

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equity LifeStyle Properties

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Gaming and Leisure Properties

Gladstone Commercial

Healthcare Realty Trust Inc

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Kilroy Realty

Medical Properties Trust

Neuberger Berman Real Estate Securities Income Fund Inc

GRIFFIN RLTY TRUST INC

Plymouth Industrial REIT

US Diversified Real Estate ETF

Invesco Active US Real Estate

U.S. equity markets climbed to record highs, while benchmark interest rates dipped to four-month lows as investors rotated from high-flying growth stocks into beaten-down value names following a cooler-than-expected CPI report. Headline CPI declined 0.1% month-over-month, which dragged the annual increase to below 3% for the first time since March 2021, while CPI ex-Shelter is again below the Fed's 2% target. Combined with recent softness in employment data and relatively dovish Fed commentary, markets now see at least two Fed rate cuts this year, with September now viewed as a near-lock.

REITs Rip As Rates Retreat

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.

Are Investors Undervaluing Global Net Lease (GNL) Right Now?

AvalonBay Communities

Blackstone Group

Camden Property

Essential Properties Realty Trust Inc

Farmland Partners

Mid-America Apartment Communities

National Retail Properties

Realty Income Corp

Cohen & Steers Quality Income Realty Fund

Simon Property Group

Vanguard Real Estate ETF

W. P. Carey

REITs and rental properties are two of the most popular methods for investing in real estate. While REITs have many advantages over rental properties, there are also some important differences between the two investments that can significantly impact the performance of the investment. I go over these differences to explain why, in some cases, rental properties may significantly outperform REITs despite the enormous advantages that REITs hold over rental properties.

What I Wish I Knew Before Investing In REITs Instead Of Rentals

Agree Realty

Broadstone Net Lease

EPR Properties

Four Corners Property Trust

Gladstone Commercial Corp 7 1/2 % Cum Red Pfd Shs Series B

Getty Realty

NETSTREIT Corp

Alpine Income Property Trust

Vici Properties

Walgreens

Thinking outside the box involves looking at problems from a different perspective, such as using virtual reality to stimulate creativity. Realty Income has grown into a $73 billion REIT by thinking outside the box and expanding into various property sectors. Evaluating cost of capital is crucial for REITs to create value, with lower costs allowing for higher quality investments.

Thinking Outside The (Net Lease REIT) Box

Including Pipeline, Dispositions Total $695 Million at a 7.2% Cash Cap Rate on 4.4 Years of Weighted Average Lease Term 1

Global Net Lease Announces $321 Million of Completed Dispositions Through Second Quarter of 2024

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?

GNL or EGP: Which Is the Better Value Stock Right Now?

NexPoint Diversified Real Estate Trust

Orion Office REIT

PotlatchDeltic

Service Properties Trust

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.

7 REITs to Sell in July Before They Crash & Burn

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend of $0.275 per share of common stock payable on July 16, 2024, to common stockholders of record at the close of business on July 11, 2024.

Global Net Lease, Inc. Announces Common Stock Dividend for the Third Quarter 2024

Granite Point Mortgage Trust

As many of my readers know, I'm not a yield chaser. I typically like to avoid "sucker yields" to prevent capital losses. In this article, I will examine three REITs that I'm avoiding.

Who Else Is Avoiding These 3 High Yielding REITs?

- 7.88% Cash Cap Rate on 3.3 Years of Weighted Average Remaining Lease Term - Part of the Previously Announced $567 Million of Closed and Disposition Pipeline at a Cash Cap Rate of 7.2%

Global Net Lease Sells Americold Portfolio for $170 Million

NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL/ GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, GNL declared (i) a dividend of $0.453125 per share on its 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”), payable on July 15, 2024, to holders of record of shares of its Series A Preferred Stock at the close of business on July 5, 2024, (ii) a dividend of $0.4296875 per share on its 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) payable on July 15, 2024 to holders of record of shares of its Series B Preferred Stock at the close of business on July 5, 2024, (iii) a dividend of $0.46875 per share on its 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (“Series D Preferred Stock”) payable on July 15, 2024 to holders of record of shares of its Series D Preferred Stock at the close of business on July 5, 2024, and (iv) a dividend of $0.4609375 per share on its 7.375% Series E Cumulative Redeemable Perpetual Preferred Stock (“Series E Preferred Stock”) payable on July 15, 2024 to holders of record of shares of its Series E Preferred Stock at the close of business on July 5, 2024.

Global Net Lease, Inc. Announces Preferred Stock Dividends

Apollo Commercial Real Estate Finance

Easterly Government Properties

KKR Real Estate Finance Trust

Most REITs continue to grow their dividend payments. But there are exceptions. Here are 5 REITs that are at high risk of cutting their dividends.

Sell Alert: 5 REITs That Could Cut Their Dividends

Is Global Net Lease (GNL) Stock Undervalued Right Now?

Saul Centers

Braemar Hotels & Resorts Inc

CBL & Associates Properties

Clear Channel Outdoor Holdings

Industrial Logistics Properties

SL Green Realty

Presidio Property Trust

Uniti Group

Veris Residential

The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most damage in any downturn. This article identifies 11 companies that fit this description.

Sell These 11 REITs While You Still Can

Hudson Pacific Properties

We can all agree that the Federal Reserve's never-ending battle in curbing inflation has been incredibly exhausting. The latest in this saga is that the Fed believes it will have to keep interest rates “higher for longer,” which will likely result in significant volatility in the stock market.

3 Sorry REITs to Sell in May While You Still Can

Should Value Investors Buy Global Net Lease (GNL) Stock?

GNL has a diversified portfolio consisting of single-tenant retail, office, industrial, and multi-tenant retail properties. Even though its P/FFO is quite low, and the dividend yield may be tempting for some income-oriented investors, there are more than enough reasons for a negative market sentiment. I believe there are plenty of more attractive opportunities in terms of risk-to-reward ratio.

Global Net Lease: Low Liquidity, Dividend Cuts, And Limited Upside Make It Unattractive

Global Net Lease is a real estate investment trust that net leases commercial properties. The company's first quarter earnings showed a significant increase in operating income but a concerning increase in interest expenses following a merger. GNL's dividend reduction is a step in the right direction, but more is needed to be done to deleverage and make their common shares attractive.

Global Net Lease: Avoid Potential Income Trap With 8.5%+ Yielding Preferred Shares

Brandywine Realty

BRT Apartments

City Office REIT

Digital Realty Trust

Piedmont Office Realty Trust

RLJ Lodging Trust

These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.

10 REITs At Mega Discounts To NAV

Global Net Lease Inc. (NYSE:GNL ) Q1 2024 Results Conference Call May 8, 2024 11:00 AM ET Company Participants Jordyn Schoenfeld - CPA Michael Weil - CEO Chris Masterson - CFO Conference Call Participants Bryan Maher - B. Riley Securities Antara Nag-Chaudhuri - KeyBanc Capital Markets Mitch Germain - Citizens JMP Operator Ladies and gentlemen, good morning, and welcome to the Global Net Lease, Inc. First Quarter 2024 Earnings Conference Call.

Global Net Lease Inc. (GNL) Q1 2024 Earnings Call Transcript

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 $0.38 per share a year ago.

Global Net Lease (GNL) Matches Q1 FFO Estimates

AFFO Per Share Increased 6% Compared to Fourth Quarter 2023 On Target to Reach High End of Disposition Guidance of $600 Million; Currently 7.2% Cash Cap Rate on Occupied Dispositions Company Reaffirms 2024 Guidance

Global Net Lease Reports First Quarter 2024 Results

News for Global Net Lease Stock (GNL)