Global Ship Lease: EPS Outlook Improving, But Cyclical Pressures Mount [Seeking Alpha]
Global Ship Lease Inc New Class A Common Shares (GSL)
Last global ship lease inc new class a common shares earnings: 3/5 08:48 am
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US:NYSE Investor Relations:
globalshiplease.com/investor_relations.cfm
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Source: Seeking Alpha
Summary Global Ship Lease has risen ~8% since January, driven by geopolitical tensions, but faces risks from an aging fleet and potential global recession. Container shipping rates remain high due to the Red Sea crisis, benefiting GSL's cash flow despite its fleet's average age of 17.2 years. GSL's valuation has improved with a better EPS outlook, but economic slowdown concerns could impair the stock price and future earnings. Due to uncertain cyclical pressures, I remain neutral on GSL. I consider it a potential long-term buy at a lower price, around $15. Suphanat Khumsap/iStock via Getty Images In January, I published a neutral outlook regarding the container shipping company Global Ship Lease ( NYSE: GSL ) in " Global Ship Lease: Red Sea Crisis Unlikely To Significantly Boost Profits ." At the time, there was significant speculation in the stock, as investors viewed it as a play on the Houthi Red Sea crisis that has continued to force Western fleets to deviate around A
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GSL
News
- Why Global Ship Lease's (NYSE:GSL) Earnings Are Better Than They Seem [Yahoo! Finance]Yahoo! Finance
- Is It Smart To Buy Global Ship Lease, Inc. (NYSE:GSL) Before It Goes Ex-Dividend? [Yahoo! Finance]Yahoo! Finance
- Global Ship Lease, Inc. (NYSE: GSL) was downgraded by analysts at Clarkson Capital from a "buy" rating to a "neutral" rating. They now have a $27.00 price target on the stock.MarketBeat
- Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.45 [Yahoo! Finance]Yahoo! Finance
- Global Ship Lease Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
GSL
Earnings
- 11/11/24 - Miss
GSL
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form 6-K
- GSL's page on the SEC website