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How to buy Global Ship Lease (GSL) stocks in Canada

Learn how to easily invest in Global Ship Lease stocks.

Global Ship Lease is a marine shipping business based in the US. Global Ship Lease stocks (GSL.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $17.16 – an increase of 6.4% over the previous week. Global Ship Lease employs 7 staff and has a trailing 12-month revenue of around $337.4 million.

How to buy shares in Global Ship Lease

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GSL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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

Information last updated 2022-01-23.
Latest market close$24.43
52-week range$10.87 - $26.22
50-day moving average $22.95
200-day moving average $20.08
Wall St. target price$33.33
PE ratio 9.0394
Dividend yield $0.75 (4.11%)
Earnings per share (TTM) $2.54

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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.

Global Ship Lease price performance over time

Historical closes compared with the close of $24.43 from 2022-01-27

1 week (2022-01-21) 6.40%
1 month (2021-12-29) 9.11%
3 months (2021-10-29) 4.94%
6 months (2021-07-29) 37.40%
1 year (2021-01-29) 106.16%
2 years (2020-01-29) 218.93%
3 years (2019-01-29) 2,878.54%
5 years (2017-01-27) 1,380.61%

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 9x. In other words, Global Ship Lease shares trade at around 9x 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 $194.4 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 $337.4 million
Operating margin TTM 51.39%
Gross profit TTM $168.8 million
Return on assets TTM 6.89%
Return on equity TTM 20.99%
Profit margin 34.09%
Book value $18.07
Market capitalisation $831.5 million

TTM: trailing 12 months

Global Ship Lease share dividends

21%

Dividend payout ratio: 20.91% of net profits

Recently Global Ship Lease has paid out, on average, around 20.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.11% 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 4.11% return on their shares, in the form of dividend payments. In Global Ship Lease's case, that would currently equate to about $0.75 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 1 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 November 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 $10.8673 up to $26.2236. A popular way to gauge a stock's volatility is its "beta".

GSL.US volatility(beta: 1.8)Avg. volatility(beta: 1.00)LowHigh

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 1.7957. 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. .

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