Global Ship Lease (GSL) Stock Forecast, Price Target & Predictions
GSL Stock Forecast
Global Ship Lease stock forecast is as follows: an average price target of $29.00 (represents a 20.48% upside from GSL’s last price of $24.07) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
GSL Price Target
The average price target for Global Ship Lease (GSL) is $29.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $29.00. This represents a potential 20.48% upside from GSL's last price of $24.07.
GSL Analyst Ratings
According to 3 Wall Street analysts, Global Ship Lease's rating consensus is 'Buy'. The analyst rating breakdown for GSL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Global Ship Lease Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 16, 2024 | Omar Nokta | Jefferies | $29.00 | $26.35 | 10.06% | 20.48% |
The latest Global Ship Lease stock forecast, released on May 16, 2024 by Omar Nokta from Jefferies, set a price target of $29.00, which represents a 10.06% increase from the stock price at the time of the forecast ($26.35), and a 20.48% increase from GSL last price ($24.07).
Global Ship Lease Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $29.00 |
| Last Closing Price | $24.07 | $24.07 | $24.07 |
| Upside/Downside | -100.00% | -100.00% | 20.48% |
In the current month, the average price target of Global Ship Lease stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Global Ship Lease's last price of $24.07. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | Clarksons Platou | - | Buy | Upgrade |
| May 16, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
Global Ship Lease's last stock rating was published by Clarksons Platou on Aug 08, 2024. The company Upgrade its GSL rating from "null" to "Buy".
Global Ship Lease Financial Forecast
Global Ship Lease Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $155.93M | $156.59M | $163.23M | $143.89M | $140.78M | $135.17M | $113.97M | $82.87M | $72.98M | $69.97M | $70.52M |
| Avg Forecast | $201.67M | $199.64M | $197.62M | $195.63M | $132.38M | $132.38M | $130.94M | $131.59M | $157.00M | $167.00M | $174.00M | $174.00M | $174.00M | $175.87M | $172.04M | $168.08M | $172.15M | $163.82M | $157.99M | $150.99M | $143.97M | $149.18M | $143.97M | $148.39M | $125.01M | $104.19M | $79.12M | $70.55M | $67.85M | $70.00M |
| High Forecast | $203.79M | $201.74M | $199.70M | $197.69M | $133.77M | $133.77M | $132.32M | $132.97M | $158.65M | $168.76M | $175.83M | $175.83M | $175.83M | $177.77M | $173.85M | $169.85M | $175.03M | $165.55M | $159.66M | $152.57M | $145.48M | $150.75M | $143.97M | $150.17M | $126.51M | $105.44M | $80.07M | $71.40M | $68.67M | $70.84M |
| Low Forecast | $199.42M | $197.41M | $195.42M | $193.45M | $130.91M | $130.91M | $129.48M | $130.12M | $155.25M | $165.14M | $172.06M | $172.06M | $172.06M | $173.96M | $170.13M | $166.20M | $169.26M | $162.00M | $156.23M | $149.30M | $142.36M | $147.51M | $143.97M | $146.95M | $123.80M | $103.18M | $78.35M | $69.87M | $67.19M | $69.32M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.09% | 1.09% | 1.00% | 0.95% | 1.08% | 1.09% | 1.05% | 1.03% | 1.03% | 1.01% |
Global Ship Lease's average Quarter revenue forecast for Jun 23 based on 1 analysts is $157.99M, with a low forecast of $156.23M, and a high forecast of $159.66M. GSL's average Quarter revenue forecast represents a 1.33% increase compared to the company's last Quarter revenue of $155.93M (Mar 23).
Global Ship Lease EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $106.31M | $102.29M | $123.95M | $117.97M | $93.73M | $57.22M | $97.20M | $59.21M | $42.78M | $38.38M | $40.99M |
| Avg Forecast | $126.83M | $125.56M | $124.29M | $123.04M | $83.26M | $83.26M | $82.35M | $82.76M | $98.74M | $105.03M | $109.43M | $109.43M | $109.43M | $110.60M | $108.20M | $85.93M | $108.27M | $103.03M | $99.36M | $91.91M | $90.54M | $105.12M | $90.55M | $98.30M | $78.62M | $95.56M | $49.05M | $54.19M | $42.67M | $44.02M |
| High Forecast | $128.17M | $126.88M | $125.60M | $124.33M | $84.13M | $84.13M | $83.22M | $83.63M | $99.78M | $106.13M | $110.58M | $110.58M | $110.58M | $111.80M | $109.34M | $103.12M | $110.08M | $104.11M | $100.41M | $110.29M | $91.50M | $126.15M | $90.55M | $117.96M | $79.57M | $114.68M | $58.86M | $65.03M | $43.18M | $44.55M |
| Low Forecast | $125.42M | $124.16M | $122.90M | $121.67M | $82.33M | $82.33M | $81.43M | $81.84M | $97.64M | $103.86M | $108.21M | $108.21M | $108.21M | $109.40M | $106.99M | $68.75M | $106.45M | $101.88M | $98.26M | $73.53M | $89.53M | $84.10M | $90.55M | $78.64M | $77.86M | $76.45M | $39.24M | $43.35M | $42.26M | $43.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.13% | 1.18% | 1.30% | 0.95% | 0.73% | 1.02% | 1.21% | 0.79% | 0.90% | 0.93% |
1 analysts predict GSL's average Quarter EBITDA for Jun 23 to be $99.36M, with a high of $100.41M and a low of $98.26M. This is -6.53% lower than Global Ship Lease's previous annual EBITDA (Mar 23) of $106.31M.
Global Ship Lease Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $74.60M | $75.00M | $92.00M | $29.06M | $72.57M | $68.48M | $65.30M | $32.08M | $5.64M | $12.00M | $14.55M |
| Avg Forecast | $46.54M | $48.98M | $52.97M | $51.13M | $50.32M | $49.95M | $49.54M | $50.53M | $56.60M | $59.34M | $64.72M | $72.81M | $85.30M | $87.23M | $80.90M | $63.44M | $82.64M | $75.47M | $72.49M | $67.85M | $59.12M | $70.62M | $61.89M | $72.57M | $45.44M | $64.20M | $26.35M | $7.15M | $13.24M | $13.42M |
| High Forecast | $47.18M | $49.65M | $53.69M | $51.83M | $51.01M | $50.64M | $50.22M | $51.22M | $57.37M | $60.15M | $65.60M | $73.80M | $86.47M | $94.97M | $82.01M | $76.13M | $82.99M | $76.50M | $73.48M | $81.42M | $59.92M | $84.74M | $61.89M | $87.08M | $46.15M | $77.04M | $31.62M | $8.58M | $13.45M | $13.63M |
| Low Forecast | $45.87M | $48.28M | $52.20M | $50.39M | $49.59M | $49.23M | $48.82M | $49.80M | $55.78M | $58.48M | $63.78M | $71.75M | $84.06M | $79.50M | $79.73M | $50.75M | $82.28M | $74.37M | $71.44M | $54.28M | $58.26M | $56.49M | $61.89M | $58.05M | $44.87M | $51.36M | $21.08M | $5.72M | $13.07M | $13.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.27% | 1.30% | 0.47% | 1.00% | 1.51% | 1.02% | 1.22% | 0.79% | 0.91% | 1.08% |
Global Ship Lease's average Quarter net income forecast for Jun 23 is $72.49M, with a range of $71.44M to $73.48M. GSL's average Quarter net income forecast represents a -2.83% decrease compared to the company's last Quarter net income of $74.60M (Mar 23).
Global Ship Lease SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.79M | $4.08M | $4.16M | $2.87M | $3.86M | $3.69M | $3.42M | $1.86M | $4.27M | $1.97M | $1.62M |
| Avg Forecast | $6.20M | $6.14M | $6.08M | $6.02M | $4.07M | $4.07M | $4.03M | $4.05M | $4.83M | $5.14M | $5.35M | $5.35M | $5.35M | $5.41M | $5.29M | $3.38M | $5.30M | $5.04M | $4.86M | $3.61M | $4.43M | $3.70M | $4.43M | $3.86M | $3.85M | $3.37M | $1.53M | $5.41M | $2.09M | $2.15M |
| High Forecast | $6.27M | $6.21M | $6.14M | $6.08M | $4.12M | $4.12M | $4.07M | $4.09M | $4.88M | $5.19M | $5.41M | $5.41M | $5.41M | $5.47M | $5.35M | $4.05M | $5.38M | $5.09M | $4.91M | $4.33M | $4.48M | $4.44M | $4.43M | $4.63M | $3.89M | $4.04M | $1.83M | $6.50M | $2.11M | $2.18M |
| Low Forecast | $6.14M | $6.07M | $6.01M | $5.95M | $4.03M | $4.03M | $3.98M | $4.00M | $4.78M | $5.08M | $5.29M | $5.29M | $5.29M | $5.35M | $5.23M | $2.70M | $5.21M | $4.98M | $4.81M | $2.89M | $4.38M | $2.96M | $4.43M | $3.09M | $3.81M | $2.69M | $1.22M | $4.33M | $2.07M | $2.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | 0.92% | 1.12% | 0.65% | 1.00% | 0.96% | 1.02% | 1.22% | 0.79% | 0.94% | 0.75% |
Global Ship Lease's average Quarter SG&A projection for Jun 23 is $4.86M, based on 1 Wall Street analysts, with a range of $4.81M to $4.91M. The forecast indicates a 1.49% rise compared to GSL last annual SG&A of $4.79M (Mar 23).
Global Ship Lease EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.02 | $2.02 | $2.47 | $0.80 | $1.93 | $1.88 | $1.74 | $0.83 | $0.11 | $0.60 | $0.75 |
| Avg Forecast | $1.32 | $1.39 | $1.51 | $1.45 | $1.43 | $1.42 | $1.41 | $1.44 | $1.61 | $1.69 | $1.84 | $2.07 | $2.42 | $2.48 | $2.30 | $2.27 | $2.35 | $2.15 | $2.06 | $2.03 | $1.68 | $1.85 | $1.74 | $1.84 | $1.29 | $0.90 | $0.50 | $0.45 | $0.38 | $0.38 |
| High Forecast | $1.34 | $1.41 | $1.53 | $1.47 | $1.45 | $1.44 | $1.43 | $1.46 | $1.63 | $1.71 | $1.87 | $2.10 | $2.46 | $2.70 | $2.33 | $2.30 | $2.36 | $2.17 | $2.09 | $2.06 | $1.70 | $1.88 | $1.74 | $1.87 | $1.31 | $0.91 | $0.51 | $0.46 | $0.38 | $0.39 |
| Low Forecast | $1.30 | $1.37 | $1.48 | $1.43 | $1.41 | $1.40 | $1.39 | $1.42 | $1.59 | $1.66 | $1.81 | $2.04 | $2.39 | $2.26 | $2.27 | $2.23 | $2.34 | $2.11 | $2.03 | $2.00 | $1.66 | $1.83 | $1.74 | $1.82 | $1.27 | $0.89 | $0.50 | $0.45 | $0.37 | $0.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.20% | 1.33% | 0.46% | 1.05% | 1.46% | 1.93% | 1.65% | 0.25% | 1.59% | 1.95% |
According to 1 Wall Street analysts, Global Ship Lease's projected average Quarter EPS for Jun 23 is $2.06, with a low estimate of $2.03 and a high estimate of $2.09. This represents a 2.02% increase compared to GSL previous annual EPS of $2.02 (Mar 23).
Global Ship Lease Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GOGL | Golden Ocean Group | $11.65 | $16.75 | 43.78% | Hold |
| DAC | Danaos | $78.84 | $105.00 | 33.18% | Buy |
| SBLK | Star Bulk Carriers | $20.80 | $27.33 | 31.39% | Buy |
| DSX | Diana Shipping | $2.35 | $3.00 | 27.66% | Hold |
| GSL | Global Ship Lease | $24.07 | $29.00 | 20.48% | Buy |
| GNK | Genco Shipping & Trading | $17.24 | $20.67 | 19.90% | Buy |
| CMRE | Costamare | $13.60 | $14.50 | 6.62% | Buy |
| CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
GSL Forecast FAQ
Is Global Ship Lease a good buy?
Yes, according to 3 Wall Street analysts, Global Ship Lease (GSL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of GSL's total ratings.
What is GSL's price target?
Global Ship Lease (GSL) average price target is $29 with a range of $29 to $29, implying a 20.48% from its last price of $24.07. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Global Ship Lease stock go up soon?
According to Wall Street analysts' prediction for GSL stock, the company can go up by 20.48% (from the last price of $24.07 to the average price target of $29), up by 20.48% based on the highest stock price target, and up by 20.48% based on the lowest stock price target.
Can Global Ship Lease stock reach $40?
GSL's average twelve months analyst stock price target of $29 does not support the claim that Global Ship Lease can reach $40 in the near future.
What are Global Ship Lease's analysts' financial forecasts?
Global Ship Lease's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $527.29M (high $532.84M, low $521.42M), average EBITDA is $331.62M (high $335.11M, low $327.93M), average net income is $200.34M (high $203.08M, low $197.44M), average SG&A $16.22M (high $16.39M, low $16.04M), and average EPS is $5.7 (high $5.77, low $5.61). GSL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $794.57M (high $802.92M, low $785.71M), average EBITDA is $499.72M (high $504.97M, low $494.15M), average net income is $199.63M (high $202.36M, low $196.74M), average SG&A $24.44M (high $24.7M, low $24.17M), and average EPS is $5.68 (high $5.75, low $5.59).
Did the GSL's actual financial results beat the analysts' financial forecasts?
Based on Global Ship Lease's last annual report (Dec 2022), the company's revenue was $604.49M, beating the average analysts forecast of $585.5M by 3.24%. Apple's EBITDA was $401.66M, beating the average prediction of $384.51M by 4.46%. The company's net income was $292.92M, beating the average estimation of $264.19M by 10.88%. Apple's SG&A was $18.53M, beating the average forecast of $16.42M by 12.81%. Lastly, the company's EPS was $8.03, beating the average prediction of $7.11 by 12.92%. In terms of the last quarterly report (Mar 2023), Global Ship Lease's revenue was $155.93M, beating the average analysts' forecast of $150.99M by 3.27%. The company's EBITDA was $106.31M, beating the average prediction of $91.91M by 15.67%. Global Ship Lease's net income was $74.6M, beating the average estimation of $67.85M by 9.96%. The company's SG&A was $4.79M, beating the average forecast of $3.61M by 32.62%. Lastly, the company's EPS was $2.02, missing the average prediction of $2.03 by -0.68%