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Global Ship Lease NYSE:GSL Stock Report

Last Price

US$21.95

Market Cap

US$760.5m

7D

0.5%

1Y

16.5%

Updated

02 Dec, 2024

Data

Company Financials +

Global Ship Lease, Inc.

NYSE:GSL Stock Report

Market Cap: US$760.5m

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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$21.95
52 Week HighUS$30.32
52 Week LowUS$17.69
Beta1.62
11 Month Change-8.77%
3 Month Change-8.58%
1 Year Change16.51%
33 Year Change-2.75%
5 Year Change155.83%
Change since IPO-64.09%

Recent News & Updates

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45

Nov 14
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45

Why Global Ship Lease, Inc. (NYSE:GSL) Could Be Worth Watching

Oct 30
Why Global Ship Lease, Inc. (NYSE:GSL) Could Be Worth Watching

Recent updates

Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45

Nov 14
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45

Why Global Ship Lease, Inc. (NYSE:GSL) Could Be Worth Watching

Oct 30
Why Global Ship Lease, Inc. (NYSE:GSL) Could Be Worth Watching

Is Global Ship Lease, Inc. (NYSE:GSL) Worth US$23.1 Based On Its Intrinsic Value?

Sep 09
Is Global Ship Lease, Inc. (NYSE:GSL) Worth US$23.1 Based On Its Intrinsic Value?

Global Ship Lease: Raised Dividend By 20%, Very Undervalued

Sep 06

Global Ship Lease (NYSE:GSL) Is Increasing Its Dividend To $0.45

Aug 17
Global Ship Lease (NYSE:GSL) Is Increasing Its Dividend To $0.45

Global Ship Lease: Most Likely Still Marginally Undervalued, A Moderate Buy

Jul 17

Global Ship Lease (NYSE:GSL) Knows How To Allocate Capital Effectively

Jul 11
Global Ship Lease (NYSE:GSL) Knows How To Allocate Capital Effectively

Global Ship Lease, Inc. Might Have Already Sailed

Jul 04

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

Jun 25
Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?

Global Ship Lease, Inc. (NYSE:GSL) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Jun 06
Global Ship Lease, Inc. (NYSE:GSL) Stock Catapults 28% Though Its Price And Business Still Lag The Market

We Like Global Ship Lease's (NYSE:GSL) Earnings For More Than Just Statutory Profit

Jun 01
We Like Global Ship Lease's (NYSE:GSL) Earnings For More Than Just Statutory Profit

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

May 13
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375

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)?

Shareholder Returns

GSLUS ShippingUS Market
7D0.5%-4.8%0.7%
1Y16.5%33.3%32.2%

Return vs Industry: GSL underperformed the US Shipping industry which returned 34.2% over the past year.

Return vs Market: GSL underperformed the US Market which returned 31.9% over the past year.

Price Volatility

Is GSL's price volatile compared to industry and market?
GSL volatility
GSL Average Weekly Movement4.0%
Shipping Industry Average Movement4.9%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

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

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$760.55m
Earnings (TTM)US$318.58m
Revenue (TTM)US$701.48m

2.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSL income statement (TTM)
RevenueUS$701.48m
Cost of RevenueUS$211.03m
Gross ProfitUS$490.45m
Other ExpensesUS$171.87m
EarningsUS$318.58m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.99
Gross Margin69.92%
Net Profit Margin45.42%
Debt/Equity Ratio45.8%

How did GSL perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

18%

Payout Ratio

Does GSL pay a reliable dividends?

See GSL dividend history and benchmarks
When do you need to buy GSL by to receive an upcoming dividend?
Global Ship Lease dividend dates
Ex Dividend DateNov 22 2024
Dividend Pay DateDec 04 2024
Days until Ex dividend11 days
Days until Dividend pay date1 day

Does GSL pay a reliable dividends?

See GSL dividend history and benchmarks