global net lease, inc. (nyse: gnl) is a real estate investment trust that focuses on acquiring and managing a globally-diversified portfolio of strategically-located commercial real estate properties which are crucial to the success of gnl’s roster of primarily investment grade corporate tenants. through the execution of this investment strategy, management has built a best-in-class portfolio of premium commercial real estate assets occupied by high-quality tenants and spanning countries including the u.s., the u.k., germany, the netherlands and finland - creating a portfolio which supports investors by helping provide: - inflation protection - stable monthly dividends - volatility protection - strong growth potential in this way, gnl seeks to not only help address the needs of corporations and the consumers they serve, but also – and most importantly to management – gnl seeks to help responsibly provide capital protection, regular cash flow and long-term capital appreciation potential
Company profile
Ticker
GNL
Exchange
Website
CEO
James Nelson
Employees
Location
Fiscal year end
Industry (SIC)
Former names
American Realty Capital Global Daily Net Asset Value Trust, Inc., American Realty Capital Global Trust, Inc.
SEC CIK
Corporate docs
Subsidiaries
ARC ACHNETH001, LLC • ARC ALSFDUK001, LLC • ARC AMWCHKS001, LLC • ARC AMWORUK001, LLC • ARC ATSNTTX001, LLC • ARC BBWYKUK001, LLC • ARC BHSBDIN001, LLC • ARC BKSCOUK001, LLC • ARC CABIRUK001, LLC • ARC CCLTRUK001, LLC ...
GNL stock data
Latest filings (excl ownership)
8-K
Global Net Lease Announces $462 Million of Dispositions Closed or Under AGREEMENT1 As Part of Strategic Disposition Plan
17 Apr 24
8-K
Departure of Directors or Certain Officers
12 Apr 24
8-K
Entry into a Material Definitive Agreement
10 Apr 24
8-K
Global Net Lease Announces $237 Million CMBS Re-financing
8 Apr 24
8-K
Announces Common Stock Dividend for the Second Quarter 2024
1 Apr 24
8-K
Announces Preferred Stock Dividends
21 Mar 24
8-K
Departure of Directors or Certain Officers
20 Mar 24
8-K
Departure of Directors or Certain Officers
11 Mar 24
8-K
Departure of Directors or Certain Officers
4 Mar 24
8-K
Global Net Lease Appoints Real Estate Veteran to Board of Directors
28 Feb 24
Transcripts
GNL
Earnings call transcript
2023 Q4
28 Feb 24
GNL
Earnings call transcript
2023 Q3
8 Nov 23
GNL
Earnings call transcript
2023 Q2
3 Aug 23
GNL
Earnings call transcript
2023 Q1
10 May 23
GNL
Earnings call transcript
2022 Q4
23 Feb 23
GNL
Earnings call transcript
2022 Q3
3 Nov 22
GNL
Earnings call transcript
2022 Q2
4 Aug 22
GNL
Earnings call transcript
2022 Q1
5 May 22
GNL
Earnings call transcript
2021 Q4
24 Feb 22
GNL
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
3
ROBERT I KAUFFMAN
28 Mar 24
3
Michael J. U. Monahan
8 Mar 24
4
Jesse Charles Galloway
6 Mar 24
4
Edward M Jr. Weil
6 Mar 24
4
Christopher J. Masterson
6 Mar 24
4
NICHOLAS S SCHORSCH
20 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
STATE STREET CORP
30 Jan 24
4
NICHOLAS S SCHORSCH
26 Jan 24
4
NICHOLAS S SCHORSCH
23 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 178.44 mm | 178.44 mm | 178.44 mm | 178.44 mm | 178.44 mm | 178.44 mm |
Cash burn (monthly) | (no burn) | (no burn) | 44.46 mm | 8.49 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 295.97 mm | 56.52 mm | n/a | n/a |
Cash remaining | n/a | n/a | -117.53 mm | 121.92 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | -2.6 | 14.4 | n/a | n/a |
Institutional ownership, Q3 2023
73.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 320 |
Opened positions | 99 |
Closed positions | 22 |
Increased positions | 165 |
Reduced positions | 35 |
13F shares | Current |
---|---|
Total value | 1.29 tn |
Total shares | 169.89 mm |
Total puts | 132.54 k |
Total calls | 217.40 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Bellevue Capital Partners | 34.30 mm | $381.08 mm |
Vanguard | 30.77 mm | $295.70 bn |
BLK Blackrock | 28.33 mm | $272.21 bn |
STT State Street | 12.43 mm | $119.48 bn |
HBCYF HSBC | 4.83 mm | $46.54 bn |
Geode Capital Management | 4.36 mm | $41.88 bn |
Mirae Asset Global Investments | 3.99 mm | $38.36 bn |
LSV Asset Management | 3.81 mm | $36.15 bn |
Charles Schwab Investment Management | 3.50 mm | $33.61 bn |
Balyasny Asset Management | 2.63 mm | $25.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Mar 24 | Jesse Charles Galloway | Common Stock | Grant | Acquire A | No | No | 0 | 21,178 | 0.00 | 69,532 |
4 Mar 24 | Edward M Jr. Weil | Common Stock | Grant | Acquire A | No | No | 0 | 67,385 | 0.00 | 259,939 |
26 Jan 24 | Schorsch Nicholas S | Common Stock | Sell | Dispose S | Yes | No | 8.9 | 4,837 | 43.05 k | 3,861,472 |
25 Jan 24 | Schorsch Nicholas S | Common Stock | Sell | Dispose S | Yes | No | 8.93 | 158,021 | 1.41 mm | 3,866,309 |
24 Jan 24 | Schorsch Nicholas S | Common Stock | Sell | Dispose S | Yes | No | 9 | 20,000 | 180.00 k | 4,024,330 |
News
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
10 Apr 24
Truist Securities Initiates Coverage On Global Net Lease with Hold Rating, Announces Price Target of $7
28 Mar 24
BTIG Downgrades Global Net Lease to Neutral
8 Mar 24
Global Net Lease Q4 2023 FFO $0.21 Misses $0.39 Estimate, Sales $206.73M Beat $197.07M Estimate
27 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24
Press releases
Global Net Lease Announces $462 Million of Dispositions Closed or Under Agreement¹ as Part of Strategic Disposition Plan
17 Apr 24
Global Net Lease Announces $237 Million CMBS Re-Financing
8 Apr 24
Global Net Lease, Inc. Announces Common Stock Dividend for the Second Quarter 2024
1 Apr 24
Global Net Lease, Inc. Announces Preferred Stock Dividends
21 Mar 24
Global Net Lease Appoints Robert Kauffman, Fortress Co-Founder, to Board of Directors
21 Mar 24