Global Ship Lease

ATHENS, Greece, May 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the first quarter 2025 on Monday, May 19, 2025 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2025 on Monday, May 19, 2025 before the open of market trading.» Mehr auf globenewswire.com

Global Ship Lease's strong backlog and improved balance sheet make both common and preferred shares appealing, despite potential volatility in charter rates. 2024 was a strong year with increased revenue and decreased net debt, resulting in a net profit of $92.6M and EPS of $2.54. The Series B preferred shares offer an 8.4% yield and are well covered, backed by a robust balance sheet with $1.35B in common equity.» Mehr auf seekingalpha.com

Meaningful revenue backlog continues to grow. This offers earnings visibility ahead of time and an ongoing deleveraging strategy. The company disposed of three older containerships with higher book value. GSL offers double-digit total return (thanks to dividends and buyback), low P/E, and solid FCF generation. It is a clear buy.» Mehr auf seekingalpha.com