GSL Stock Recent News

Global Ship Lease stock appears undervalued by various valuation methods, with potential intrinsic values ranging from $30 to $90+. GSL's financials show robust growth, with increasing revenues, EBITDA, and free cash flows, exceeding EPS forecasts in eighteen of the last twenty quarters. Despite concerns about the stock price being at recent highs, GSL remains objectively undervalued, benefits from recent trends, and offers a generous dividend yield of over 5%.

Moody's Upgrades Corporate Family Rating; S&P Upgrades Credit Rating; KBRA Upgrades Issuer Rating and Affirms Investment Grade Rating of Senior Secured Notes Moody's Upgrades Corporate Family Rating; S&P Upgrades Credit Rating; KBRA Upgrades Issuer Rating and Affirms Investment Grade Rating of Senior Secured Notes

The recent surge in analyst coverage for stocks such as GigaCloud (GCT) and Global Ship Lease (GSL) indicates the potential for significant price appreciation in the near term.

ATHENS, Greece, June 17, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2024 Annual Meeting of Shareholders was duly held on June 17, 2024, in Athens, Greece (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, Yoram Neugeborn, Ulrike Helfer and Alain Pitner, to serve until the Company's 2027 Annual Meeting of Shareholders and until such time as his 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, 2024.

ATHENS, June 06, 2024 (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, 2024 to June 30, 2024 and will be paid on July 1, 2024 to all Series B Preferred Shareholders of record as of June 24, 2024.

Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders Increased dividend payments reflect material outperformance of containership charter markets ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, today announced the introduction of a quarterly supplemental dividend to common shareholders. Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations.

Global Ship Lease, Inc. (NYSE:GSL ) Q1 2024 Results Conference Call May 16, 2024 10:30 AM ET Company Participants Tom Lister - Chief Executive Officer George Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Chris Robertson - Deutsche Bank Liam Burke - B. Riley Securities Ward Blum - UBS Operator Thank you for standing by.

Global Ship Lease (GSL) came out with quarterly earnings of $2.53 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.12 per share a year ago.

Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition successful & Chief Compliance Officer appointed Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition successful & Chief Compliance Officer appointed

Global Ship Lease (GSL) reachead $20.30 at the closing of the latest trading day, reflecting a +0.5% change compared to its last close.