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Global Ship Lease NYSE:GSL Stock Report

Last Price

US$22.47

Market Cap

US$785.6m

7D

6.0%

1Y

20.0%

Updated

25 Apr, 2024

Data

Company Financials +

Global Ship Lease, Inc.

NYSE:GSL Stock Report

Market Cap: US$785.6m

GSL Stock Overview

Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide.

GSL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

Global Ship Lease, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Global Ship Lease
Historical stock prices
Current Share PriceUS$22.47
52 Week HighUS$22.65
52 Week LowUS$16.80
Beta1.52
1 Month Change12.07%
3 Month Change4.27%
1 Year Change20.03%
3 Year Change62.24%
5 Year Change308.55%
Change since IPO-63.24%

Recent News & Updates

Recent updates

Global Ship Lease Stock Looks Good, But I Have Some Concerns (Rating Downgrade)

Apr 18

Global Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A Concern

Mar 25

Global Ship Lease: Time To Sell The Preferreds (And Buy The Common Shares)

Mar 12

Global Ship Lease's (NYSE:GSL) Returns On Capital Are Heading Higher

Mar 05
Global Ship Lease's (NYSE:GSL) Returns On Capital Are Heading Higher

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Feb 16
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Global Ship Lease: Is 7% Dividend Yield Worth Given Cyclical Industry?

Feb 14

Global Ship Lease: Red Sea Crisis Unlikely To Significantly Boost Profits

Jan 28

Global Ship Lease: Very Undervalued, 7% Yield, Low Leverage

Jan 07

Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375

Nov 12
Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375

Global Ship Lease: 8% Yield, Very Undervalued, Buy Rating

Oct 06

Global Ship Lease: Dirt Cheap For Locked In Revenues

Aug 25

Global Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375

Aug 13
Global Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375

Global Ship Lease Stock Is Still A Good-Looking Dividend Buy

Aug 12

Global Ship Lease: The 8.7% Preferred Dividend Is Well-Covered

Jul 22

Is Global Ship Lease (NYSE:GSL) A Risky Investment?

Jun 08
Is Global Ship Lease (NYSE:GSL) A Risky Investment?

Global Ship Lease: Stock Offers 8% Yield, Undervalued, 97% Chartered In 2023

Jun 02

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

May 16
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

Is There An Opportunity With Global Ship Lease, Inc.'s (NYSE:GSL) 42% Undervaluation?

Mar 14
Is There An Opportunity With Global Ship Lease, Inc.'s (NYSE:GSL) 42% Undervaluation?

Global Ship Lease (NYSE:GSL) Shareholders Will Want The ROCE Trajectory To Continue

Feb 28
Global Ship Lease (NYSE:GSL) Shareholders Will Want The ROCE Trajectory To Continue

At US$19.37, Is Global Ship Lease, Inc. (NYSE:GSL) Worth Looking At Closely?

Feb 06
At US$19.37, Is Global Ship Lease, Inc. (NYSE:GSL) Worth Looking At Closely?

Global Ship Lease: Undervalued, Well-Covered 8% Yield, Long-Term Charters

Jan 22

Global Ship Lease: This Massive 9% Yield Is A Buy

Dec 08

Global Ship Lease: Trends Point To Shares Being Undervalued

Nov 15

Global Ship Lease Q3 2022 Earnings Preview

Nov 08

Global Ship Lease: 9% Yield, Strong Earnings, Undervalued

Oct 28

Global Ship Lease: Pummeled By Recession Fears For Strong Buyers To Accumulate

Oct 10

Global Ship Lease's 9.5% Yield + Its Preferred's 8.7% Yield = The Ultimate Upside/Income Combo

Sep 26

Global Ship Lease: Lopsided Risk-Reward

Sep 06

Global Ship Lease announces forward charter agreements

Aug 30

Global Ship Lease (NYSE:GSL) Is Looking To Continue Growing Its Returns On Capital

Aug 28
Global Ship Lease (NYSE:GSL) Is Looking To Continue Growing Its Returns On Capital

Is Now The Time To Look At Buying Global Ship Lease, Inc. (NYSE:GSL)?

Aug 12
Is Now The Time To Look At Buying Global Ship Lease, Inc. (NYSE:GSL)?

Global Ship Lease declares $0.375 dividend

Aug 04

Does Global Ship Lease (NYSE:GSL) Have A Healthy Balance Sheet?

Jul 23
Does Global Ship Lease (NYSE:GSL) Have A Healthy Balance Sheet?

Global Ship Lease (NYSE:GSL) Will Pay A Larger Dividend Than Last Year At US$0.38

May 15
Global Ship Lease (NYSE:GSL) Will Pay A Larger Dividend Than Last Year At US$0.38

If You Like EPS Growth Then Check Out Global Ship Lease (NYSE:GSL) Before It's Too Late

May 04
If You Like EPS Growth Then Check Out Global Ship Lease (NYSE:GSL) Before It's Too Late

Global Ship Lease (NYSE:GSL) Takes On Some Risk With Its Use Of Debt

Apr 19
Global Ship Lease (NYSE:GSL) Takes On Some Risk With Its Use Of Debt

Return Trends At Global Ship Lease (NYSE:GSL) Aren't Appealing

Mar 03
Return Trends At Global Ship Lease (NYSE:GSL) Aren't Appealing

What Does Global Ship Lease, Inc.'s (NYSE:GSL) Share Price Indicate?

Jan 18
What Does Global Ship Lease, Inc.'s (NYSE:GSL) Share Price Indicate?

Here's Why Global Ship Lease (NYSE:GSL) Has A Meaningful Debt Burden

Jan 05
Here's Why Global Ship Lease (NYSE:GSL) Has A Meaningful Debt Burden

Global Ship Lease: Great Upside Seasoned With A 7% Dividend Yield

Dec 13

The Returns At Global Ship Lease (NYSE:GSL) Aren't Growing

Dec 02
The Returns At Global Ship Lease (NYSE:GSL) Aren't Growing

Is It Time To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?

Oct 19
Is It Time To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?

Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?

Oct 06
Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?

Global Ship Lease's Preferred Shares: A Bet On Them Not Being Called

Sep 02

Global Ship Lease's (NYSE:GSL) Returns Have Hit A Wall

Sep 02
Global Ship Lease's (NYSE:GSL) Returns Have Hit A Wall

Shareholder Returns

GSLUS ShippingUS Market
7D6.0%4.1%1.2%
1Y20.0%33.4%24.9%

Return vs Industry: GSL underperformed the US Shipping industry which returned 33.4% over the past year.

Return vs Market: GSL underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is GSL's price volatile compared to industry and market?
GSL volatility
GSL Average Weekly Movement4.1%
Shipping Industry Average Movement4.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: GSL has not had significant price volatility in the past 3 months.

Volatility Over Time: GSL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20077Tom Listerwww.globalshiplease.com

Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU. The company was founded in 2007 and is based in Athens, Greece.

Global Ship Lease, Inc. Fundamentals Summary

How do Global Ship Lease's earnings and revenue compare to its market cap?
GSL fundamental statistics
Market capUS$785.60m
Earnings (TTM)US$294.96m
Revenue (TTM)US$666.72m

2.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSL income statement (TTM)
RevenueUS$666.72m
Cost of RevenueUS$202.80m
Gross ProfitUS$463.91m
Other ExpensesUS$168.95m
EarningsUS$294.96m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)8.41
Gross Margin69.58%
Net Profit Margin44.24%
Debt/Equity Ratio59.5%

How did GSL perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

18%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.