How to buy Global Ship Lease stock | $23.79

Global Ship Lease Inc is a marine shipping business based in the US. Global Ship Lease shares (GSL) are listed on the NYSE and all prices are listed in US Dollars. Global Ship Lease employs 7 staff and has a trailing 12-month revenue of around 0.00.

Global Ship Lease stock price (NYSE: GSL)

Use our graph to track the performance of GSL stocks over time.

Global Ship Lease shares at a glance

• Key figures

Information last updated 2021-10-16.

Latest market close	$23.79
52-week range	$6.15 - $25.44
50-day moving average	$22.92
200-day moving average	$18.42
Wall St. target price	$23.25
PE ratio	18.7489
Dividend yield	$0.5 (2.37%)
Earnings per share (TTM)	$1.18

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Is it a good time to buy Global Ship Lease stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Global Ship Lease price performance over time

Historical closes compared with the close of $23.79 from 2021-10-20

1 week (2021-10-15)	7.99%
1 month (2021-09-22)	1.58%
3 months (2021-07-22)	38.23%
6 months (2021-04-22)	78.60%

1 year (2020-10-21)	207.76%
2 years (2019-10-21)	220.19%
3 years (2018-10-19)	2,555.13%
5 years (2016-10-21)	1,587.23%

Is Global Ship Lease under- or over-valued?

Valuing Global Ship Lease stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Global Ship Lease's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Global Ship Lease's P/E ratio

Global Ship Lease's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Global Ship Lease shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Global Ship Lease's EBITDA

Global Ship Lease's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $163 million.

The EBITDA is a measure of a Global Ship Lease's overall financial performance and is widely used to measure a its profitability.

Global Ship Lease financials

Revenue TTM	$296.3 million
Operating margin TTM	41.45%
Gross profit TTM	$168.8 million
Return on assets TTM	5.59%
Return on equity TTM	12.61%
Profit margin	21.69%
Book value	$16.35
Market capitalisation	$797.9 million

TTM: trailing 12 months

Shorting Global Ship Lease shares

There are currently 899,348 Global Ship Lease shares held short by investors – that's known as Global Ship Lease's "short interest". This figure is 73.6% up from 518,170 last month.

There are a few different ways that this level of interest in shorting Global Ship Lease shares can be evaluated.

Global Ship Lease's "short interest ratio" (SIR)

Global Ship Lease's "short interest ratio" (SIR) is the quantity of Global Ship Lease shares currently shorted divided by the average quantity of Global Ship Lease shares traded daily (recently around 881713.7254902). Global Ship Lease's SIR currently stands at 1.02. In other words for every 100,000 Global Ship Lease shares traded daily on the market, roughly 1020 shares are currently held short.

However Global Ship Lease's short interest can also be evaluated against the total number of Global Ship Lease shares, or, against the total number of tradable Global Ship Lease shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Global Ship Lease's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Global Ship Lease shares in existence, roughly 20 shares are currently held short) or 0.0306% of the tradable shares (for every 100,000 tradable Global Ship Lease shares, roughly 31 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Global Ship Lease.

Find out more about how you can short Global Ship Lease stock.

Global Ship Lease share dividends

Dividend payout ratio: 19.04% of net profits

Recently Global Ship Lease has paid out, on average, around 19.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Global Ship Lease shareholders could enjoy a 4.54% return on their shares, in the form of dividend payments. In Global Ship Lease's case, that would currently equate to about $0.5 per share.

While Global Ship Lease's payout ratio might seem low, this can signify that Global Ship Lease is investing more in its future growth.

Global Ship Lease's most recent dividend payout was on 2 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 19 August 2021 (the "ex-dividend date").

Have Global Ship Lease's shares ever split?

Global Ship Lease's shares were split on a 1:8 basis on 24 March 2019. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Global Ship Lease shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Global Ship Lease shares which in turn could have impacted Global Ship Lease's share price.

Global Ship Lease share price volatility

Over the last 12 months, Global Ship Lease's shares have ranged in value from as little as $6.1541 up to $25.44. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Global Ship Lease's is 1.9704. This would suggest that Global Ship Lease's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Global Ship Lease overview

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2021, it owned 43 mid-sized and smaller containerships with an aggregate capacity of 245,280 twenty-foot equivalent units. The company is based in London, the United Kingdom. .

Frequently asked questions

What percentage of Global Ship Lease is owned by insiders or institutions?
Currently 23.138% of Global Ship Lease shares are held by insiders and 43.708% by institutions. How many people work for Global Ship Lease?
Latest data suggests 7 work at Global Ship Lease. When does the fiscal year end for Global Ship Lease?
Global Ship Lease's fiscal year ends in December. Where is Global Ship Lease based?
Global Ship Lease's address is: 25 Wilton Road, London, United Kingdom, SW1V 1LW What is Global Ship Lease's ISIN number?
Global Ship Lease's international securities identification number is: MHY271836006 What is Global Ship Lease's CUSIP number?
Global Ship Lease's Committee on Uniform Securities Identification Procedures number is: Y27183105