Global Net Lease stock
GNLNYSEGlobal Net Lease, Inc., Real EstateISIN US3793782018
39Score 39 out of 100, Weak
Price and trend
35 / 100
Price history
−15% in one yearThe chart shows daily closes over 11 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 25% below it.
Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 31).
The price is 32% below its 52-week high. Largest decline in 11 years: 77% (June 2015 to April 2024).
Chart figures for advanced users
- SMA 50$7.96
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$8.96
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)31
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$6.75
- The lowest closing price of the last twelve months.
- Resistance$9.96
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Global Net Lease, Inc. belongs to the REIT (Diversified) industry (United States) and, with a market value of $1.5B, is number 10 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $497.89M (down 38.2% year on year) and a loss of $225.46M.
- For fiscal 2026, analysts expect on average revenue of $453.81M (down 8.9%) and adjusted earnings per share of −$0.09.
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- MEQIRI Score 39 out of 100 (Weak): rank 298 of 327 in Real Estate, median 55.
- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $11.99, with the price 44% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High dividend yieldDividend yield 11.26%, REIT (Diversified) median 6.43%.
Weaknesses
- DilutionShare count up 150% since 2020.Capital allocation 18
- Interest barely coveredOperating profit covers interest only 0.4 times.Stability 36
- Loss-makingLoss of $31.48M over the last 12 months.Fundamentals 54
Its standout strength is valuation, while momentum and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak momentum
- price far below its 52-week high
Valuation
Valuation signal
Possible value trapIn our model the price counts as cheap below $9.99 and expensive above $14.99 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $12.90 (cash-flow model) and $11.08 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $10.92, at 7.8% it would be $13.60.
Possible value trap: looks cheap, but score below 50, high risk.
Valuation metrics
Half from the cash-flow model, half from operating cash flow per share times the median price to cash flow of the REIT industry (11.6). For the fair value, FFO only counts when it is in line with operating cash flow. That is not the case here, for example because the REIT carries its properties at market value, records little depreciation or a gain on sale sits in earnings. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 4% of revenue. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the quarter to 30 Sep 2026, revenue fell 6.7% on the same quarter a year earlier. Up to 2024 the bars include businesses that were later spun off or sold. On a comparable basis, as restated in the SEC annual reports, revenue grew 11.6% a year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 13%, operating 34%, net −45%. Last 12 months: net −7%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 4 Nov 2026EPS reported −$0.32 (expected $0.00)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- −$0.090.0%
- Revenue
- $453.81M+0.3%
- Earnings per share
- −$0.040.0%
- Revenue
- $473.92M+0.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +7.1%AFFO per share guidance raised to $0.82 to $0.85 (previously $0.80 to $0.84), and transaction volume guidance raised to $700 million to $800 million.
“Turning to our outlook for 2026, we are raising our full-year AFFO per share guidance from $0.80 to $0.84 to a new range of $0.82 to $0.85, and increasing our gross transaction volume guidance from $250 million to $350 million to a new range of $700 million to $800 million.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Global Net Lease
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
327 rated companies in Real Estate
- This company
- 39
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Diversified)
The next larger and next smaller companies by market value
- CovivioCOV.PA $5.53B48
- Rithm CapitalRITM $5.14B44
- Broadstone Net LeaseBNL $3.4B58
- AroundtownAT1.DE $2.1B47
- American Assets TrustAAT $1.32B53
- GMP Property SOCIMIYGMP.MC $1.32B64
- IcadeICAD.PA $1.28B37
- Cpi Fim S.a.OPG.WA $1.09B49
ETFs that hold Global Net Lease
Held by 22 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X Superdividend UCITS ETF USDUDIV | 0.79% | 0.45% | €842.65M |
| iShares US Property Yield UCITS ETFIQQ7 | 0.12% | 0.40% | €554.91M |
| State Street SPDR Dow Jones Global Real Estate UCITS ETF (Dist)SPYJ | 0.08% | 0.40% | €329.7M |
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| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 0.08% | 0.59% | €812.71M |
| iShares S&P SmallCap 600 UCITS ETFIUS3 | 0.08% | 0.30% | €2.28B |
| UBS FTSE EPRA Nareit Developed Green UCITS ETF USD disCSYZ | 0.08% | 0.25% | €207.23M |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 0.07% | 0.24% | €603.52M |
| HSBC FTSE EPRA NAREIT Developed UCITS ETFH4ZL | 0.07% | 0.24% | €3.36B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 19 Jun 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.