View ValuationGlobal Ship Lease 향후 성장Future 기준 점검 0/6Global Ship Lease 의 수익과 수익은 각각 연간 3.2% 및 8.2% 감소할 것으로 예상됩니다 while EPS는 연간 11.6% 만큼 쇠퇴할 것으로 예상됩니다.핵심 정보-8.2%이익 성장률-11.58%EPS 성장률Shipping 이익 성장-0.01%매출 성장률-3.2%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트02 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • May 24First quarter 2026 earnings released: EPS: US$2.55 (vs US$3.40 in 1Q 2025)First quarter 2026 results: EPS: US$2.55 (down from US$3.40 in 1Q 2025). Revenue: US$198.1m (up 5.5% from 1Q 2025). Net income: US$91.4m (down 24% from 1Q 2025). Profit margin: 46% (down from 64% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 8.2% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • May 20Fourth quarter dividend of US$0.63 announcedShareholders will receive a dividend of US$0.63. Ex-date: 22nd May 2026 Payment date: 3rd June 2026 Dividend yield will be 6.2%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 40% over the next 3 years. However, it would need to fall by 78% to increase the payout ratio to a potentially unsustainable range.공시 • May 13+ 1 more updateGlobal Ship Lease, Inc. to Report Q1, 2026 Results on May 22, 2026Global Ship Lease, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 22, 2026공시 • Apr 28Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2026Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2026, at 10:00 GTB Standard Time.공시 • Feb 20Global Ship Lease, Inc. to Report Q4, 2025 Results on Mar 05, 2026Global Ship Lease, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 05, 2026공시 • Feb 12Global Ship Lease, Inc. Declares Quarterly Dividend on Class A Shares for the Fourth Quarter of 2025, Payable March 6, 2026Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.625 per Class A common share for the fourth quarter of 2025, to be paid on March 6, 2026 to shareholders of record as of February 24, 2026.공시 • Nov 11Global Ship Lease, Inc. Announces Dividend for Third Quarter of 2025, Payable on or About December 4, 2025Global Ship Lease, Inc. declared a dividend of $0.625 per class A common share for the third quarter of 2025, to be paid on or about December 4, 2025 to common shareholders of record as of November 21, 2025.공시 • Oct 30Global Ship Lease, Inc. to Report Q3, 2025 Results on Nov 10, 2025Global Ship Lease, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 10, 2025공시 • Sep 23+ 1 more updateGlobal Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $150 million.Global Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $150 million. Security Name: Depositary Shares Security Type: Depositary Receipt (Preferred Security) Transaction Features: At the Market Offering공시 • Aug 05Global Ship Lease, Inc. Announces Dividend for the Second Quarter of 2025, Payable on or About September 4, 2025Global Ship Lease, Inc. declared dividend of $0.525 per Class A common share for the second quarter of 2025, to be paid on or about September 4, 2025 to common shareholders of record as of August 22, 2025.공시 • Jul 23Global Ship Lease, Inc. to Report Q2, 2025 Results on Aug 05, 2025Global Ship Lease, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025공시 • May 14Global Ship Lease, Inc. announces Quarterly dividend, payable on June 03, 2025Global Ship Lease, Inc. announced Quarterly dividend of USD 0.5250 per share payable on June 03, 2025, ex-date on May 23, 2025 and record date on May 23, 2025.공시 • May 10Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2025Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2025, at 17:00 GTB Standard Time. Location: 9 irodou attikou street, kifisia, athens, 14561., Greece공시 • May 06Global Ship Lease, Inc. to Report Q1, 2025 Results on May 19, 2025Global Ship Lease, Inc. announced that they will report Q1, 2025 results Pre-Market on May 19, 2025공시 • Feb 21Global Ship Lease, Inc. to Report Q4, 2024 Results on Mar 05, 2025Global Ship Lease, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 05, 2025공시 • Feb 13Global Ship Lease Declares Dividend for the Fourth Quarter of 2024, Payable on March 6, 2025Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.45 per Class A common share for the fourth quarter of 2024, to be paid on March 6, 2025 to shareholders of record as of February 24, 2025.Declared Dividend • Nov 13Third quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 22nd November 2024 Payment date: 4th December 2024 Dividend yield will be 7.0%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 14% over the next 2 years. However, it would need to fall by 95% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: US$2.22 (vs US$2.34 in 3Q 2023)Third quarter 2024 results: EPS: US$2.22 (down from US$2.34 in 3Q 2023). Revenue: US$174.1m (flat on 3Q 2023). Net income: US$78.8m (down 4.7% from 3Q 2023). Profit margin: 45% (down from 48% in 3Q 2023). Revenue is forecast to decline by 7.0% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Nov 12Global Ship Lease, Inc. Announces Third Quarter Dividend, Payable on or About December 4, 2024Global Ship Lease, Inc. declared a dividend of $0.45 per Class A common share for the third quarter of 2024, to be paid on or about December 4, 2024 to common shareholders of record as of November 22, 2024. Paid a dividend of $0.45 per Class A common share for the second quarter of 2024 on September 4, 2024.공시 • Oct 29Global Ship Lease, Inc. to Report Q3, 2024 Results on Nov 11, 2024Global Ship Lease, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 11, 2024공시 • Aug 18Global Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $100 million.Global Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $100 million. Security Name: Class A Common Shares Security Type: Common Stock Transaction Features: At the Market OfferingDeclared Dividend • Aug 09Second quarter dividend of US$0.075 announcedShareholders will receive a dividend of US$0.075. Ex-date: 23rd August 2024 Payment date: 4th September 2024 Dividend yield will be 4.5%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 24% over the next 3 years. However, it would need to fall by 81% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 06Second quarter 2024 earnings released: EPS: US$2.44 (vs US$2.13 in 2Q 2023)Second quarter 2024 results: EPS: US$2.44 (up from US$2.13 in 2Q 2023). Revenue: US$173.5m (up 8.2% from 2Q 2023). Net income: US$85.6m (up 14% from 2Q 2023). Profit margin: 49% (up from 47% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Aug 06Global Ship Lease, Inc. Declares Supplemental Dividend on Class A Common Shares for the Second Quarter of 2024, Payable on September 4, 2024Global Ship Lease, Inc. declared a total dividend, including the first payment of the Supplemental Dividend, of $0.45 per Class A common share for the second quarter of 2024, to be paid on September 4, 2024 to common shareholders of record as of August 23, 2024. Paid a dividend of $0.375 per Class A common share for the first quarter of 2024 on June 3, 2024.New Risk • Aug 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Jul 23Global Ship Lease, Inc. to Report Q2, 2024 Results on Aug 05, 2024Global Ship Lease, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024공시 • May 31Global Ship Lease Announces Introduction of Quarterly Supplemental Dividend for Common ShareholdersGlobal Ship Lease, Inc. announced the introduction of a quarterly supplemental dividend to common shareholders. Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations. As a result, in addition to the sustainable dividend of $0.375 per Class A common share per quarter, commencing with the dividend payable after the release of the Company’s earnings for the second quarter of 2024, Global Ship Lease expects to initiate a supplemental dividend of $0.075 per Class A common share per quarter, an increase of 20%, for as long as conditions are supportive.Reported Earnings • May 19First quarter 2024 earnings released: EPS: US$2.54 (vs US$2.02 in 1Q 2023)First quarter 2024 results: EPS: US$2.54 (up from US$2.02 in 1Q 2023). Revenue: US$179.6m (up 15% from 1Q 2023). Net income: US$89.5m (up 24% from 1Q 2023). Profit margin: 50% (up from 46% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 14% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • May 18Global Ship Lease, Inc. Appoints George Giannopoulos as Chief Compliance OfficerGlobal Ship Lease, Inc. announced George Giannopoulos, who has been Head of Internal Audit of the Company since the merger with Poseidon Containers in 2018, has been appointed Chief Compliance Officer.Declared Dividend • May 13Fourth quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 23rd May 2024 Payment date: 3rd June 2024 Dividend yield will be 6.4%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 62% over the next 3 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.공시 • May 11Global Ship Lease, Inc. Declares Quarterly Dividend Per Common Share for First Quarter of 2024, Payable on June 3, 2024Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the first quarter of 2024, to be paid on June 3, 2024 to shareholders of record as of May 24, 2024.공시 • May 09Global Ship Lease, Inc. to Report Q1, 2024 Results on May 16, 2024Global Ship Lease, Inc. announced that they will report Q1, 2024 results Pre-Market on May 16, 2024공시 • May 05Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2024Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2024, at 10:00 US Eastern Standard Time. Location: office at 9 Irodou Attikou Street, Kifisia Athens Greece Agenda: To elect three Term I Directors to serve until the 2027 Annual Meeting of Shareholders; and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider transact such other business as may properly come before the Meeting or any adjournment thereof.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: US$8.38 (vs US$7.74 in FY 2022)Full year 2023 results: EPS: US$8.38 (up from US$7.74 in FY 2022). Revenue: US$674.8m (up 12% from FY 2022). Net income: US$295.0m (up 4.1% from FY 2022). Profit margin: 44% (down from 47% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 11% p.a. on average during the next 2 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Feb 23Global Ship Lease, Inc. to Report Q4, 2023 Results on Mar 04, 2024Global Ship Lease, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 04, 2024Declared Dividend • Feb 19Third quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 21st February 2024 Payment date: 6th March 2024 Dividend yield will be 7.5%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 27% over the next 2 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.공시 • Feb 13Global Ship Lease, Inc. Declares Quarterly Dividend for Fourth Quarter of 2023, Payable on March 6, 2024Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the fourth quarter of 2023, to be paid on March 6, 2024 to shareholders of record as of February 22, 2024.공시 • Dec 08+ 1 more updateGlobal Ship Lease, Inc. Announces Chief Executive Officer ChangesGlobal Ship Lease, Inc. (GSL) announced that Ian Webber, its Chief Executive Officer, has chosen to retire from the CEO role he has held since the Company’s inception in 2007 and will join GSL’s Board of Directors, effective March 31, 2024, expanding the size of the Board to nine members. Thomas Lister, who also joined the Company in 2007 and has held a number of senior executive roles, has been appointed to succeed Mr. Webber as CEO, effective concurrently with Mr. Webber’s retirement. Thomas Lister was part of the management team that took GSL public in August 2008, and has served as Chief Commercial Officer of the Company since then, having also served as Chief Financial Officer from 2017 – 2018 in the lead-up to GSL’s transformational combination with Poseidon Containers. Since 2019, Mr. Lister has also led GSL’s decarbonization initiatives. Prior to joining GSL, he worked in asset finance, banking, and liner shipping. Mr. Lister graduated from Durham University and holds an MBA from INSEAD.Upcoming Dividend • Nov 15Upcoming dividend of US$0.38 per share at 8.4% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.4%. Within top quartile of German dividend payers (5.1%). Lower than average of industry peers (21%).Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: US$2.34 (vs US$2.44 in 3Q 2022)Third quarter 2023 results: EPS: US$2.34 (down from US$2.44 in 3Q 2022). Revenue: US$179.6m (up 10.0% from 3Q 2022). Net income: US$82.7m (down 7.7% from 3Q 2022). Profit margin: 46% (down from 55% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.1% p.a. on average during the next 3 years compared to a 4.7% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.공시 • Nov 10Global Ship Lease, Inc. Declares Dividend for the Third Quarter 2023, Payable on December 4, 2023Global Ship Lease, Inc. declared a dividend of $0.375 per Class A common share for the third quarter 2023 to be paid on December 4, 2023 to common shareholders of record as of November 24, 2023. Paid a dividend of $0.375 per Class A common share for the second quarter 2023 on September 5, 2023.공시 • Oct 27Global Ship Lease, Inc. to Report Q3, 2023 Results on Nov 09, 2023Global Ship Lease, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 09, 2023Upcoming Dividend • Aug 15Upcoming dividend of US$0.38 per share at 7.5% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (17%).공시 • Aug 04Global Ship Lease, Inc. Declares Quarterly Dividend, Payable on September 4, 2023Global Ship Lease, Inc. declared a dividend of $0.375 per Class A common share for the second quarter of 2023 to be paid on September 4, 2023 to common shareholders of record as of August 23, 2023.Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$2.21 (vs US$1.40 in 2Q 2022)Second quarter 2023 results: EPS: US$2.21 (up from US$1.40 in 2Q 2022). Revenue: US$162.1m (up 13% from 2Q 2022). Net income: US$77.8m (up 53% from 2Q 2022). Profit margin: 48% (up from 35% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is expected to fall by 3.3% p.a. on average during the next 3 years compared to a 8.4% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 73% per year whereas the company’s share price has increased by 69% per year.New Risk • Jul 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Jul 23Global Ship Lease, Inc. to Report Q2, 2023 Results on Aug 03, 2023Global Ship Lease, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023Upcoming Dividend • May 16Upcoming dividend of US$0.38 per share at 7.8% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (17%).Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$2.04 (vs US$1.93 in 1Q 2022)First quarter 2023 results: EPS: US$2.04 (up from US$1.93 in 1Q 2022). Revenue: US$159.3m (up 13% from 1Q 2022). Net income: US$72.2m (up 2.9% from 1Q 2022). Profit margin: 45% (down from 50% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 4.3% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: US$8.40 (vs US$4.65 in FY 2021)Full year 2022 results: EPS: US$8.40 (up from US$4.65 in FY 2021). Revenue: US$645.6m (up 60% from FY 2021). Net income: US$302.5m (up 85% from FY 2021). Profit margin: 47% (up from 41% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 1.0% p.a. on average during the next 2 years compared to a 11% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 14Upcoming dividend of US$0.38 per share at 8.0% yieldEligible shareholders must have bought the stock before 21 February 2023. Payment date: 06 March 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (14%).공시 • Feb 10Global Ship Lease, Inc. Declares Quarterly Dividend, Payable on March 06, 2023Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the fourth quarter of 2022, to be paid on March 6, 2023 to shareholders of record as of February 22, 2023.공시 • Dec 08Global Ship Lease, Inc., Annual General Meeting, Jan 05, 2023Global Ship Lease, Inc., Annual General Meeting, Jan 05, 2023, at 20:00 E. Europe Standard Time. Location: 3- 5 Menandrou Str., 14561 Kifisia Ahtens Greece Agenda: To approve the adoption of an amendment to the Company's Amended and Restated Articles of Incorporation establishing a quorum for all meetings of shareholders of the Company of one-third (1/3) of the shares, present either in person or by proxy, issued and outstanding and entitled to vote at such meetings.Upcoming Dividend • Nov 16Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 21 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.8%). Lower than average of industry peers (12%).Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: US$2.54 (vs US$1.73 in 3Q 2021)Third quarter 2022 results: EPS: US$2.54 (up from US$1.73 in 3Q 2021). Revenue: US$172.5m (up 51% from 3Q 2021). Net income: US$92.0m (up 46% from 3Q 2021). Profit margin: 53% (down from 55% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 15Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 22 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.5%). Lower than average of industry peers (9.4%).Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$1.48 (vs US$0.83 in 2Q 2021)Second quarter 2022 results: EPS: US$1.48 (up from US$0.83 in 2Q 2021). Revenue: US$154.5m (up 92% from 2Q 2021). Net income: US$54.5m (up 81% from 2Q 2021). Profit margin: 35% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.6%, compared to a 4.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to €17.50, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 169% over the past three years.Upcoming Dividend • May 16Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.3%). Lower than average of industry peers (8.5%).Reported Earnings • May 10First quarter 2022 earnings released: EPS: US$1.93 (vs US$0.13 in 1Q 2021)First quarter 2022 results: EPS: US$1.93 (up from US$0.13 in 1Q 2021). Revenue: US$153.6m (up 111% from 1Q 2021). Net income: US$70.2m (up US$66.0m from 1Q 2021). Profit margin: 46% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Hank Mannix was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Mar 03Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$4.51 (up from US$1.23 in FY 2020). Revenue: US$448.0m (up 58% from FY 2020). Net income: US$163.2m (up US$141.5m from FY 2020). Profit margin: 36% (up from 7.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 35%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to €23.40, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 356% over the past three years.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS US$1.73 (vs US$0.76 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$138.6m (up 97% from 3Q 2020). Net income: US$62.9m (up 363% from 3Q 2020). Profit margin: 45% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to €19.70, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 176% over the past three years.Upcoming Dividend • Aug 13Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 03 September 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.8%).Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS US$0.83 (vs US$0.70 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$82.9m (up 16% from 2Q 2020). Net income: US$30.1m (up 139% from 2Q 2020). Profit margin: 36% (up from 18% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$15.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Shipping industry in Europe. Total returns to shareholders of 87% over the past three years.Upcoming Dividend • May 14Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 21 May 2021. Payment date: 03 June 2021. Trailing yield: 6.6%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%).Reported Earnings • May 11First quarter 2021 earnings released: EPS US$0.31 (vs US$0.035 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$73.0m (up 2.9% from 1Q 2020). Net income: US$5.64m (up US$5.02m from 1Q 2020). Profit margin: 7.7% (up from 0.9% in 1Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to US$12.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Shipping industry in Europe. Total returns to shareholders of 88% over the past three years.Reported Earnings • Mar 21Full year 2020 earnings released: EPS US$1.23 (vs US$1.48 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$282.8m (up 8.3% from FY 2019). Net income: US$21.7m (up 23% from FY 2019). Profit margin: 7.7% (up from 6.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 05Full year 2020 earnings released: EPS US$2.09 (vs US$1.48 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$282.8m (up 8.3% from FY 2019). Net income: US$37.6m (up 114% from FY 2019). Profit margin: 13% (up from 6.7% in FY 2019). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 05Revenue beats expectationsRevenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 12%, compared to a 8.9% growth forecast for the Shipping industry in Germany.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to US$9.65, the stock is trading at a trailing P/E ratio of 13.8x, down from the previous P/E ratio of 18.4x. This compares to an average P/E of 21x in the Shipping industry in Europe. Total returns to shareholders over the past three years are 25%.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 30% share price gain to US$12.40, the stock is trading at a trailing P/E ratio of 17.2x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 21x in the Shipping industry in Europe. Total returns to shareholders over the past three years are 68%.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$10.80, the stock is trading at a trailing P/E ratio of 15x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 20x in the Shipping industry in Europe. Total returns to shareholders over the past three years are 43%.Is New 90 Day High Low • Jan 07New 90-day high: €10.00The company is up 52% from its price of €6.60 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.30 per share.Is New 90 Day High Low • Dec 24New 90-day high: €9.10The company is up 85% from its price of €4.92 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.60 per share.Is New 90 Day High Low • Dec 08New 90-day high: €8.65The company is up 96% from its price of €4.42 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.79 per share.Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 18% share price gain to US$7.65, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9x. This compares to an average P/E of 17x in the Shipping industry in Europe. Total returns to shareholders over the past three years were flat.Is New 90 Day High Low • Nov 11New 90-day high: €6.75The company is up 57% from its price of €4.30 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.68 per share.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$0.76The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$70.5m (up 6.9% from 3Q 2019). Net income: US$13.6m (up 37% from 3Q 2019). Profit margin: 19% (up from 15% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 2.9%, compared to a 2.9% growth forecast for the Shipping industry in Germany.Is New 90 Day High Low • Oct 08New 90-day high: €6.10The company is up 68% from its price of €3.64 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.44 per share.Is New 90 Day High Low • Sep 22New 90-day high: €4.88The company is up 24% from its price of €3.92 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.05 per share.이익 및 매출 성장 예측DB:37H - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027717326388463312/31/202676335546048633/31/2026757377405506N/A12/31/2025753407359528N/A9/30/2025747397142440N/A6/30/2025730383142446N/A3/31/2025715376126432N/A12/31/2024706344188430N/A9/30/2024701319399430N/A6/30/2024702323368399N/A3/31/2024689312235389N/A12/31/2023667295223375N/A9/30/2023646303194338N/A6/30/2023636310229367N/A3/31/2023620288347358N/A12/31/2022604283318327N/A9/30/2022583277375419N/A6/30/2022534250-2349N/A3/31/2022471227-169304N/A12/31/2021403163-224248N/A9/30/202133792-307126N/A6/30/202129343-5127N/A3/31/2021284258999N/A12/31/20202822273104N/A9/30/20202801627105N/A6/30/202027613295N/A3/31/20202689-2294N/A12/31/201926318N/A93N/A9/30/2019244-44N/A80N/A6/30/2019214-51N/A64N/A3/31/2019185-55N/A52N/A12/31/2018157-60N/A48N/A9/30/2018145-88N/A62N/A6/30/2018151-83N/A51N/A3/31/2018156-80N/A79N/A12/31/2017159-77N/A67N/A9/30/2017163-33N/A74N/A6/30/2017162-65N/A73N/A3/31/2017164-66N/A72N/A12/31/2016167-68N/A72N/A9/30/2016169-7N/A71N/A6/30/2016170-24N/A70N/A3/31/2016170-27N/A68N/A12/31/2015165-32N/A62N/A9/30/2015158-39N/A61N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 37H 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -8.2%).수익 vs 시장: 37H 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -8.2%).고성장 수익: 37H 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: 37H 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -3.2%).고성장 매출: 37H 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -3.2%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: 37H의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTransportation 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/08 23:00종가2026/07/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Global Ship Lease, Inc.는 5명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liam BurkeB. Riley Securities, Inc.Fredrik DybwadFearnley SecuritiesOmar NoktaJefferies LLC2명의 분석가 더 보기
Reported Earnings • May 24First quarter 2026 earnings released: EPS: US$2.55 (vs US$3.40 in 1Q 2025)First quarter 2026 results: EPS: US$2.55 (down from US$3.40 in 1Q 2025). Revenue: US$198.1m (up 5.5% from 1Q 2025). Net income: US$91.4m (down 24% from 1Q 2025). Profit margin: 46% (down from 64% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 8.2% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • May 20Fourth quarter dividend of US$0.63 announcedShareholders will receive a dividend of US$0.63. Ex-date: 22nd May 2026 Payment date: 3rd June 2026 Dividend yield will be 6.2%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 40% over the next 3 years. However, it would need to fall by 78% to increase the payout ratio to a potentially unsustainable range.
공시 • May 13+ 1 more updateGlobal Ship Lease, Inc. to Report Q1, 2026 Results on May 22, 2026Global Ship Lease, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 22, 2026
공시 • Apr 28Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2026Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2026, at 10:00 GTB Standard Time.
공시 • Feb 20Global Ship Lease, Inc. to Report Q4, 2025 Results on Mar 05, 2026Global Ship Lease, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 05, 2026
공시 • Feb 12Global Ship Lease, Inc. Declares Quarterly Dividend on Class A Shares for the Fourth Quarter of 2025, Payable March 6, 2026Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.625 per Class A common share for the fourth quarter of 2025, to be paid on March 6, 2026 to shareholders of record as of February 24, 2026.
공시 • Nov 11Global Ship Lease, Inc. Announces Dividend for Third Quarter of 2025, Payable on or About December 4, 2025Global Ship Lease, Inc. declared a dividend of $0.625 per class A common share for the third quarter of 2025, to be paid on or about December 4, 2025 to common shareholders of record as of November 21, 2025.
공시 • Oct 30Global Ship Lease, Inc. to Report Q3, 2025 Results on Nov 10, 2025Global Ship Lease, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 10, 2025
공시 • Sep 23+ 1 more updateGlobal Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $150 million.Global Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $150 million. Security Name: Depositary Shares Security Type: Depositary Receipt (Preferred Security) Transaction Features: At the Market Offering
공시 • Aug 05Global Ship Lease, Inc. Announces Dividend for the Second Quarter of 2025, Payable on or About September 4, 2025Global Ship Lease, Inc. declared dividend of $0.525 per Class A common share for the second quarter of 2025, to be paid on or about September 4, 2025 to common shareholders of record as of August 22, 2025.
공시 • Jul 23Global Ship Lease, Inc. to Report Q2, 2025 Results on Aug 05, 2025Global Ship Lease, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025
공시 • May 14Global Ship Lease, Inc. announces Quarterly dividend, payable on June 03, 2025Global Ship Lease, Inc. announced Quarterly dividend of USD 0.5250 per share payable on June 03, 2025, ex-date on May 23, 2025 and record date on May 23, 2025.
공시 • May 10Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2025Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2025, at 17:00 GTB Standard Time. Location: 9 irodou attikou street, kifisia, athens, 14561., Greece
공시 • May 06Global Ship Lease, Inc. to Report Q1, 2025 Results on May 19, 2025Global Ship Lease, Inc. announced that they will report Q1, 2025 results Pre-Market on May 19, 2025
공시 • Feb 21Global Ship Lease, Inc. to Report Q4, 2024 Results on Mar 05, 2025Global Ship Lease, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 05, 2025
공시 • Feb 13Global Ship Lease Declares Dividend for the Fourth Quarter of 2024, Payable on March 6, 2025Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.45 per Class A common share for the fourth quarter of 2024, to be paid on March 6, 2025 to shareholders of record as of February 24, 2025.
Declared Dividend • Nov 13Third quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 22nd November 2024 Payment date: 4th December 2024 Dividend yield will be 7.0%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 14% over the next 2 years. However, it would need to fall by 95% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: US$2.22 (vs US$2.34 in 3Q 2023)Third quarter 2024 results: EPS: US$2.22 (down from US$2.34 in 3Q 2023). Revenue: US$174.1m (flat on 3Q 2023). Net income: US$78.8m (down 4.7% from 3Q 2023). Profit margin: 45% (down from 48% in 3Q 2023). Revenue is forecast to decline by 7.0% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Nov 12Global Ship Lease, Inc. Announces Third Quarter Dividend, Payable on or About December 4, 2024Global Ship Lease, Inc. declared a dividend of $0.45 per Class A common share for the third quarter of 2024, to be paid on or about December 4, 2024 to common shareholders of record as of November 22, 2024. Paid a dividend of $0.45 per Class A common share for the second quarter of 2024 on September 4, 2024.
공시 • Oct 29Global Ship Lease, Inc. to Report Q3, 2024 Results on Nov 11, 2024Global Ship Lease, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 11, 2024
공시 • Aug 18Global Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $100 million.Global Ship Lease, Inc. has filed a Follow-on Equity Offering in the amount of $100 million. Security Name: Class A Common Shares Security Type: Common Stock Transaction Features: At the Market Offering
Declared Dividend • Aug 09Second quarter dividend of US$0.075 announcedShareholders will receive a dividend of US$0.075. Ex-date: 23rd August 2024 Payment date: 4th September 2024 Dividend yield will be 4.5%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 24% over the next 3 years. However, it would need to fall by 81% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 06Second quarter 2024 earnings released: EPS: US$2.44 (vs US$2.13 in 2Q 2023)Second quarter 2024 results: EPS: US$2.44 (up from US$2.13 in 2Q 2023). Revenue: US$173.5m (up 8.2% from 2Q 2023). Net income: US$85.6m (up 14% from 2Q 2023). Profit margin: 49% (up from 47% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Aug 06Global Ship Lease, Inc. Declares Supplemental Dividend on Class A Common Shares for the Second Quarter of 2024, Payable on September 4, 2024Global Ship Lease, Inc. declared a total dividend, including the first payment of the Supplemental Dividend, of $0.45 per Class A common share for the second quarter of 2024, to be paid on September 4, 2024 to common shareholders of record as of August 23, 2024. Paid a dividend of $0.375 per Class A common share for the first quarter of 2024 on June 3, 2024.
New Risk • Aug 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Jul 23Global Ship Lease, Inc. to Report Q2, 2024 Results on Aug 05, 2024Global Ship Lease, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024
공시 • May 31Global Ship Lease Announces Introduction of Quarterly Supplemental Dividend for Common ShareholdersGlobal Ship Lease, Inc. announced the introduction of a quarterly supplemental dividend to common shareholders. Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations. As a result, in addition to the sustainable dividend of $0.375 per Class A common share per quarter, commencing with the dividend payable after the release of the Company’s earnings for the second quarter of 2024, Global Ship Lease expects to initiate a supplemental dividend of $0.075 per Class A common share per quarter, an increase of 20%, for as long as conditions are supportive.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: US$2.54 (vs US$2.02 in 1Q 2023)First quarter 2024 results: EPS: US$2.54 (up from US$2.02 in 1Q 2023). Revenue: US$179.6m (up 15% from 1Q 2023). Net income: US$89.5m (up 24% from 1Q 2023). Profit margin: 50% (up from 46% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 14% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • May 18Global Ship Lease, Inc. Appoints George Giannopoulos as Chief Compliance OfficerGlobal Ship Lease, Inc. announced George Giannopoulos, who has been Head of Internal Audit of the Company since the merger with Poseidon Containers in 2018, has been appointed Chief Compliance Officer.
Declared Dividend • May 13Fourth quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 23rd May 2024 Payment date: 3rd June 2024 Dividend yield will be 6.4%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 62% over the next 3 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.
공시 • May 11Global Ship Lease, Inc. Declares Quarterly Dividend Per Common Share for First Quarter of 2024, Payable on June 3, 2024Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the first quarter of 2024, to be paid on June 3, 2024 to shareholders of record as of May 24, 2024.
공시 • May 09Global Ship Lease, Inc. to Report Q1, 2024 Results on May 16, 2024Global Ship Lease, Inc. announced that they will report Q1, 2024 results Pre-Market on May 16, 2024
공시 • May 05Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2024Global Ship Lease, Inc., Annual General Meeting, Jun 17, 2024, at 10:00 US Eastern Standard Time. Location: office at 9 Irodou Attikou Street, Kifisia Athens Greece Agenda: To elect three Term I Directors to serve until the 2027 Annual Meeting of Shareholders; and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider transact such other business as may properly come before the Meeting or any adjournment thereof.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: US$8.38 (vs US$7.74 in FY 2022)Full year 2023 results: EPS: US$8.38 (up from US$7.74 in FY 2022). Revenue: US$674.8m (up 12% from FY 2022). Net income: US$295.0m (up 4.1% from FY 2022). Profit margin: 44% (down from 47% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 11% p.a. on average during the next 2 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Feb 23Global Ship Lease, Inc. to Report Q4, 2023 Results on Mar 04, 2024Global Ship Lease, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 04, 2024
Declared Dividend • Feb 19Third quarter dividend of US$0.38 announcedShareholders will receive a dividend of US$0.38. Ex-date: 21st February 2024 Payment date: 6th March 2024 Dividend yield will be 7.5%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 27% over the next 2 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.
공시 • Feb 13Global Ship Lease, Inc. Declares Quarterly Dividend for Fourth Quarter of 2023, Payable on March 6, 2024Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the fourth quarter of 2023, to be paid on March 6, 2024 to shareholders of record as of February 22, 2024.
공시 • Dec 08+ 1 more updateGlobal Ship Lease, Inc. Announces Chief Executive Officer ChangesGlobal Ship Lease, Inc. (GSL) announced that Ian Webber, its Chief Executive Officer, has chosen to retire from the CEO role he has held since the Company’s inception in 2007 and will join GSL’s Board of Directors, effective March 31, 2024, expanding the size of the Board to nine members. Thomas Lister, who also joined the Company in 2007 and has held a number of senior executive roles, has been appointed to succeed Mr. Webber as CEO, effective concurrently with Mr. Webber’s retirement. Thomas Lister was part of the management team that took GSL public in August 2008, and has served as Chief Commercial Officer of the Company since then, having also served as Chief Financial Officer from 2017 – 2018 in the lead-up to GSL’s transformational combination with Poseidon Containers. Since 2019, Mr. Lister has also led GSL’s decarbonization initiatives. Prior to joining GSL, he worked in asset finance, banking, and liner shipping. Mr. Lister graduated from Durham University and holds an MBA from INSEAD.
Upcoming Dividend • Nov 15Upcoming dividend of US$0.38 per share at 8.4% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.4%. Within top quartile of German dividend payers (5.1%). Lower than average of industry peers (21%).
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: US$2.34 (vs US$2.44 in 3Q 2022)Third quarter 2023 results: EPS: US$2.34 (down from US$2.44 in 3Q 2022). Revenue: US$179.6m (up 10.0% from 3Q 2022). Net income: US$82.7m (down 7.7% from 3Q 2022). Profit margin: 46% (down from 55% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.1% p.a. on average during the next 3 years compared to a 4.7% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
공시 • Nov 10Global Ship Lease, Inc. Declares Dividend for the Third Quarter 2023, Payable on December 4, 2023Global Ship Lease, Inc. declared a dividend of $0.375 per Class A common share for the third quarter 2023 to be paid on December 4, 2023 to common shareholders of record as of November 24, 2023. Paid a dividend of $0.375 per Class A common share for the second quarter 2023 on September 5, 2023.
공시 • Oct 27Global Ship Lease, Inc. to Report Q3, 2023 Results on Nov 09, 2023Global Ship Lease, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 09, 2023
Upcoming Dividend • Aug 15Upcoming dividend of US$0.38 per share at 7.5% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (17%).
공시 • Aug 04Global Ship Lease, Inc. Declares Quarterly Dividend, Payable on September 4, 2023Global Ship Lease, Inc. declared a dividend of $0.375 per Class A common share for the second quarter of 2023 to be paid on September 4, 2023 to common shareholders of record as of August 23, 2023.
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$2.21 (vs US$1.40 in 2Q 2022)Second quarter 2023 results: EPS: US$2.21 (up from US$1.40 in 2Q 2022). Revenue: US$162.1m (up 13% from 2Q 2022). Net income: US$77.8m (up 53% from 2Q 2022). Profit margin: 48% (up from 35% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is expected to fall by 3.3% p.a. on average during the next 3 years compared to a 8.4% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 73% per year whereas the company’s share price has increased by 69% per year.
New Risk • Jul 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Jul 23Global Ship Lease, Inc. to Report Q2, 2023 Results on Aug 03, 2023Global Ship Lease, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023
Upcoming Dividend • May 16Upcoming dividend of US$0.38 per share at 7.8% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (17%).
Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$2.04 (vs US$1.93 in 1Q 2022)First quarter 2023 results: EPS: US$2.04 (up from US$1.93 in 1Q 2022). Revenue: US$159.3m (up 13% from 1Q 2022). Net income: US$72.2m (up 2.9% from 1Q 2022). Profit margin: 45% (down from 50% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 4.3% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: US$8.40 (vs US$4.65 in FY 2021)Full year 2022 results: EPS: US$8.40 (up from US$4.65 in FY 2021). Revenue: US$645.6m (up 60% from FY 2021). Net income: US$302.5m (up 85% from FY 2021). Profit margin: 47% (up from 41% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 1.0% p.a. on average during the next 2 years compared to a 11% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 14Upcoming dividend of US$0.38 per share at 8.0% yieldEligible shareholders must have bought the stock before 21 February 2023. Payment date: 06 March 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (14%).
공시 • Feb 10Global Ship Lease, Inc. Declares Quarterly Dividend, Payable on March 06, 2023Global Ship Lease, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the fourth quarter of 2022, to be paid on March 6, 2023 to shareholders of record as of February 22, 2023.
공시 • Dec 08Global Ship Lease, Inc., Annual General Meeting, Jan 05, 2023Global Ship Lease, Inc., Annual General Meeting, Jan 05, 2023, at 20:00 E. Europe Standard Time. Location: 3- 5 Menandrou Str., 14561 Kifisia Ahtens Greece Agenda: To approve the adoption of an amendment to the Company's Amended and Restated Articles of Incorporation establishing a quorum for all meetings of shareholders of the Company of one-third (1/3) of the shares, present either in person or by proxy, issued and outstanding and entitled to vote at such meetings.
Upcoming Dividend • Nov 16Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 21 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.8%). Lower than average of industry peers (12%).
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: US$2.54 (vs US$1.73 in 3Q 2021)Third quarter 2022 results: EPS: US$2.54 (up from US$1.73 in 3Q 2021). Revenue: US$172.5m (up 51% from 3Q 2021). Net income: US$92.0m (up 46% from 3Q 2021). Profit margin: 53% (down from 55% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 15Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 22 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.5%). Lower than average of industry peers (9.4%).
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$1.48 (vs US$0.83 in 2Q 2021)Second quarter 2022 results: EPS: US$1.48 (up from US$0.83 in 2Q 2021). Revenue: US$154.5m (up 92% from 2Q 2021). Net income: US$54.5m (up 81% from 2Q 2021). Profit margin: 35% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.6%, compared to a 4.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to €17.50, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 6x in the Shipping industry in Europe. Total returns to shareholders of 169% over the past three years.
Upcoming Dividend • May 16Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.3%). Lower than average of industry peers (8.5%).
Reported Earnings • May 10First quarter 2022 earnings released: EPS: US$1.93 (vs US$0.13 in 1Q 2021)First quarter 2022 results: EPS: US$1.93 (up from US$0.13 in 1Q 2021). Revenue: US$153.6m (up 111% from 1Q 2021). Net income: US$70.2m (up US$66.0m from 1Q 2021). Profit margin: 46% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Hank Mannix was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Mar 03Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$4.51 (up from US$1.23 in FY 2020). Revenue: US$448.0m (up 58% from FY 2020). Net income: US$163.2m (up US$141.5m from FY 2020). Profit margin: 36% (up from 7.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 35%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to €23.40, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 356% over the past three years.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS US$1.73 (vs US$0.76 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$138.6m (up 97% from 3Q 2020). Net income: US$62.9m (up 363% from 3Q 2020). Profit margin: 45% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to €19.70, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Shipping industry in Europe. Total returns to shareholders of 176% over the past three years.
Upcoming Dividend • Aug 13Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 03 September 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.8%).
Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS US$0.83 (vs US$0.70 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$82.9m (up 16% from 2Q 2020). Net income: US$30.1m (up 139% from 2Q 2020). Profit margin: 36% (up from 18% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$15.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Shipping industry in Europe. Total returns to shareholders of 87% over the past three years.
Upcoming Dividend • May 14Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 21 May 2021. Payment date: 03 June 2021. Trailing yield: 6.6%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%).
Reported Earnings • May 11First quarter 2021 earnings released: EPS US$0.31 (vs US$0.035 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$73.0m (up 2.9% from 1Q 2020). Net income: US$5.64m (up US$5.02m from 1Q 2020). Profit margin: 7.7% (up from 0.9% in 1Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to US$12.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Shipping industry in Europe. Total returns to shareholders of 88% over the past three years.
Reported Earnings • Mar 21Full year 2020 earnings released: EPS US$1.23 (vs US$1.48 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$282.8m (up 8.3% from FY 2019). Net income: US$21.7m (up 23% from FY 2019). Profit margin: 7.7% (up from 6.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 05Full year 2020 earnings released: EPS US$2.09 (vs US$1.48 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$282.8m (up 8.3% from FY 2019). Net income: US$37.6m (up 114% from FY 2019). Profit margin: 13% (up from 6.7% in FY 2019). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 05Revenue beats expectationsRevenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 12%, compared to a 8.9% growth forecast for the Shipping industry in Germany.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to US$9.65, the stock is trading at a trailing P/E ratio of 13.8x, down from the previous P/E ratio of 18.4x. This compares to an average P/E of 21x in the Shipping industry in Europe. Total returns to shareholders over the past three years are 25%.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 30% share price gain to US$12.40, the stock is trading at a trailing P/E ratio of 17.2x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 21x in the Shipping industry in Europe. Total returns to shareholders over the past three years are 68%.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$10.80, the stock is trading at a trailing P/E ratio of 15x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 20x in the Shipping industry in Europe. Total returns to shareholders over the past three years are 43%.
Is New 90 Day High Low • Jan 07New 90-day high: €10.00The company is up 52% from its price of €6.60 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.30 per share.
Is New 90 Day High Low • Dec 24New 90-day high: €9.10The company is up 85% from its price of €4.92 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.60 per share.
Is New 90 Day High Low • Dec 08New 90-day high: €8.65The company is up 96% from its price of €4.42 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.79 per share.
Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 18% share price gain to US$7.65, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9x. This compares to an average P/E of 17x in the Shipping industry in Europe. Total returns to shareholders over the past three years were flat.
Is New 90 Day High Low • Nov 11New 90-day high: €6.75The company is up 57% from its price of €4.30 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.68 per share.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$0.76The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$70.5m (up 6.9% from 3Q 2019). Net income: US$13.6m (up 37% from 3Q 2019). Profit margin: 19% (up from 15% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 2.9%, compared to a 2.9% growth forecast for the Shipping industry in Germany.
Is New 90 Day High Low • Oct 08New 90-day high: €6.10The company is up 68% from its price of €3.64 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.44 per share.
Is New 90 Day High Low • Sep 22New 90-day high: €4.88The company is up 24% from its price of €3.92 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.05 per share.