Industrials -
Marine Shipping - NYSE - GB
$ 26.05
-2.69 %
$ 928 M
Market Cap
2.54
P/E
1. INTRINSIC VALUE
Balance Sheet
Global Ship Lease, Inc.
| Current Assets | 301 M |
| Cash & Short-Term Investments | 168 M |
| Receivables | 12.8 M |
| Other Current Assets | 121 M |
| Non-Current Assets | 2.07 B |
| Long-Term Investments | 0 |
| PP&E | 1.9 B |
| Other Non-Current Assets | 169 M |
| Current Liabilities | 264 M |
| Accounts Payable | 12.3 M |
| Short-Term Debt | 145 M |
| Other Current Liabilities | 106 M |
| Non-Current Liabilities | 646 M |
| Long-Term Debt | 539 M |
| Other Non-Current Liabilities | 107 M |
EFFICIENCY
Earnings Waterfall
Global Ship Lease, Inc.
| Revenue | 706 M |
| Cost Of Revenue | 315 M |
| Gross Profit | 391 M |
| Operating Expenses | 11.6 M |
| Operating Income | 379 M |
| Other Expenses | 25.5 M |
| Net Income | 354 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Global Ship Lease, Inc.
| Net Income | 354 M |
| Depreciation & Amortization | 100 M |
| Capital Expenditures | -242 M |
| Stock-Based Compensation | 8.7 M |
| Change in Working Capital | -2.48 M |
| Others | -49.8 M |
| Free Cash Flow | 188 M |
Wall Street Analysts Price Targets
Global Ship Lease, Inc.
GSL has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.38%
DIVIDEND YIELD
0.525 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Global Ship Lease, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Global Ship Lease Announces Results of 2025 Annual Meeting of Shareholders
ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2025 Annual Meeting of Shareholders was duly held on June 17, 2025 in Athens, Greece (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, George Giouroukos, Ian J. Webber and Michael Chalkias, to serve until the Company's 2028 Annual Meeting of Shareholders and until such time as his respective successor has been duly elected and qualified, and (ii) ratified the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2025.
globenewswire.com
- 2 weeks ago
Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) (NYSE:GSLPrB). The dividend represents payment for the period from April 1, 2025 to June 30, 2025 and will be paid on July 1, 2025 to all Series B Preferred Shareholders of record as of June 23, 2025.
globenewswire.com
- 1 month ago
Global Ship Lease: Undervalued Opportunity
Global Ship Lease, Inc. remains significantly undervalued, with a strong balance sheet, guaranteed backlog, and a P/E ratio just above 2, supporting a Strong Buy rating. The company's 69-ship fleet is fully leased for the next 2+ years, providing $1.24 billion in near-guaranteed cash flows versus an $885 million market cap. Management continues to execute well, selling older ships at a gain, growing backlog, and maintaining an attractive 8% dividend yield in a volatile market.
seekingalpha.com
- 1 month ago
Global Ship Lease: Securing New Charters With Ongoing Deleverage
GSL's asset-light model, strong backlog, and robust Q1 results support our strong buy rating and target price increase to $33.30 per share. The company boasts a 93% contract coverage for 2024, 75% for 2026, and an 8.5% dividend yield, offering downside protection and earnings visibility. GSL's deleveraging, rising cash position, and disciplined fleet management enhance its financial strength, supporting ongoing free cash flow growth.
seekingalpha.com
- 1 month ago
Global Ship Lease: Despite Protectionism On The Horizon, It's Still A Good Option
Despite tariff fears, GSL's focus on mid-sized vessels positions it to benefit from shifting trade flows and constrained supply in its segment. Management's expertise in fleet renewal and debt reduction has strengthened GSL's financial position, lowering leverage and borrowing costs significantly. GSL's stable, locked-in contracts and robust cash generation create a high margin of safety and underscore its undervaluation at current market prices.
seekingalpha.com
- 1 month ago
Global Ship Lease, Inc. (GSL) Q1 2025 Earnings Call Transcript
Global Ship Lease, Inc. (NYSE:GSL ) Q1 2025 Earnings Conference Call May 19, 2025 10:30 AM ET Company Participants Thomas Lister - Chief Executive Officer George Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Conference Call Participants Liam Burke - B. Riley Securities Omar Nokta - Jefferies Operator Good day everyone and thank you for standing by.
seekingalpha.com
- 1 month ago
Global Ship Lease (GSL) Q1 Earnings and Revenues Surpass Estimates
Global Ship Lease (GSL) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.53 per share a year ago.
zacks.com
- 1 month ago
Global Ship Lease Reports Results for the First Quarter of 2025
Forward contract cover locked in for 93% of 2025 days and 75% of 2026 days Annualized dividend increased to $2.10 per Class A Common Share ATHENS, Greece, May 19, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2025. First Quarter of 2025 Highlights and Other Recent Developments 1Q 2025 operating revenue of $191.0 million; up 6.3% on 1Q 2024.
globenewswire.com
- 1 month ago
Global Ship Lease Declares Quarterly Dividend per Common Share for First Quarter of 2025
ATHENS, Greece, May 12, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a dividend of $0.525 per Class A common share for the first quarter of 2025, to be paid on June 3, 2025 to shareholders of record as of May 23, 2025.
globenewswire.com
- 1 month ago
Global Ship Lease Announces Annual Meeting of Shareholders
ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) has scheduled its Annual Meeting of Shareholders for June 17, 2025, at 10:00 a.m. Eastern Time (the “Annual Meeting”). The record date for determining shareholders entitled to participate at the Annual Meeting is April 23, 2025. The business of the Annual Meeting is to elect three Term II Directors to serve until the 2028 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, 2025. Annual Meeting documentation and instructions for voting were mailed to all shareholders of record on or about May 8, 2025, and will be furnished to the U.S. Securities and Exchange Commission (the “Commission”) and available on the Commission's website at www.sec.gov.
globenewswire.com
- 1 month ago
Global Ship Lease Announces First Quarter 2025 Earnings Release, Conference Call and Webcast
ATHENS, Greece, May 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the first quarter 2025 on Monday, May 19, 2025 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2025 on Monday, May 19, 2025 before the open of market trading.
globenewswire.com
- 2 months ago
Global Ship Lease: A Contrarian Bet On The World Trade Volumes
Global Ship Lease's strong backlog and improved balance sheet make both common and preferred shares appealing, despite potential volatility in charter rates. 2024 was a strong year with increased revenue and decreased net debt, resulting in a net profit of $92.6M and EPS of $2.54. The Series B preferred shares offer an 8.4% yield and are well covered, backed by a robust balance sheet with $1.35B in common equity.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Global Ship Lease, Inc. GSL
COUNTRY
GB
INDUSTRY
Marine Shipping
MARKET CAP
$ 928 M
Dividend Yield
2.38%
Description
Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom.
Contact
25 Wilton Road, Athens, SW1V 1LW
https://www.globalshiplease.com
IPO
Date
Aug. 15, 2008
Employees
7
Officers
Mr. Thomas A. Lister
Chief Executive Officer
Ms. Maria Danezi
Company Secretary
Mr. Anastasios Psaropoulos
Chief Financial Officer & Treasurer
Mr. George Giannopoulos
Chief Compliance Officer
Mr. Georgios Giouroukos Youroukos
Executive Chairman