Does Global Ship Lease (GSL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Global Ship Lease (GSL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
| - Industry | - Sector | Thomas A. Lister CEO | XFRA Exchange | MHY271836006 ISIN |
| GB Country | 7 Employees | 21 Nov 2025 Last Dividend | 25 Mar 2019 Last Split | 25 Aug 2006 IPO Date |
Global Ship Lease, Inc., established in 2007 and headquartered in Athens, Greece, operates within the international shipping industry, primarily focusing on the ownership and chartering of containerships. The company caters to container shipping companies globally by offering its fleet under fixed-rate charters. As of March 11, 2024, Global Ship Lease, Inc. prides itself on having a diversified portfolio of 68 mid-sized and smaller containerships. These vessels encompass a wide range of capacities, starting from 2,207 to 11,040 twenty-foot equivalent units (TEUs), totaling an aggregate capacity of 375,406 TEUs. This allows the company to serve a broad spectrum of cargo transportation needs worldwide.
Global Ship Lease offers containerships for charter under fixed-rate agreements. This service provides stability and predictability for both the company and its clients, enabling long-term planning and financial forecasting in the highly volatile shipping industry. By locking in rates, clients can shield themselves from market fluctuations, ensuring consistent cargo transportation costs.
The company's fleet consists of 68 containerships with capacities ranging from 2,207 to 11,040 TEUs, making it versatile enough to accommodate a variety of cargo sizes and types. This range of vessel sizes allows Global Ship Lease to provide tailored shipping solutions, catering to the unique needs of each customer, whether they require small-scale localized shipments or larger intercontinental deliveries.
Operating worldwide, Global Ship Lease maintains a robust global shipping network. This extensive network facilitates efficient international trade by connecting major ports and markets across the globe, ensuring timely and reliable cargo delivery for businesses of all sizes.