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GNL

Global Net Lease Inc. Common Stock (GNL) fair value

Real Estate · REIT - Diversified · NYSE · United States
$7.20-1.10%
Market cap $1.7BNext earnings 2026-11-04Updated Oct 21, 2026
Add earnings to calendarGoogle
Our verdict
Trades 10% below our fair value
Price
$7.20
Model fair valueConfidence: medium
$7.99
Only one of our models could value this stock with confidence, so use it as a guide.
Not used by alerts or posts.
Valued as a REIT (property company): Dividend discount and EV/EBITDA comparison.
ACCE opinionGlobal Net Lease Inc. Common Stock (GNL)
Fair value (2 models)
Not available
ACCE price target
$7.70
Rating
Not rated
Horizon
12 months
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Price used: $7.20 at the close on 23 Oct 2026, 22:00 CEST.
Models: Dividend discount and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
42
out of 100
Analysts
67% buy
9 covering
P/E
0.0x
forward 0.0x
1-year return
-5.6%
Dividend yield
10.67%

Global Net Lease Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Global Net Lease owns a diversified portfolio of single-tenant net lease properties, mostly office, industrial and retail assets leased on long terms to corporate tenants who pay taxes, insurance and maintenance. The appeal of that model is contracted, inflation-linked rent with little operating burden, and an operating margin of 31.3% against an 85.7% gross margin shows how much of each rent dollar reaches the bottom line. The problem is that revenue fell 10.0% and return on equity is negative at -1.0%, which says the portfolio is shrinking or re-leasing too slowly to offset dispositions and higher interest costs. The stock screens at a score of 42/100 with no index membership, so the question for a deeper look is whether asset sales and debt reduction are stabilizing the top line or simply shrinking the company. Rent roll, lease expirations and the dividend coverage ratio would decide that quickly.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • high
    Revenue shrinking year over year
    Revenue fell 10.0% year over year, even though the five-year revenue CAGR is +8.6%. The top line is contracting from a recent peak.
  • high
    Leverage elevated against equity
    Debt/Equity sits at 1.55, and net margin is -2.9% with ROE at -1.0%. The balance sheet carries heavy debt while equity returns are negative.
  • moderate
    Score down sharply in 90 days
    The ACCE score fell 12 points, from 52 to 40, over the last 90 days. Momentum and margin subscores (M:25) are weak.

AI research notes

AI-assisted·How I use AIWritten Oct 20, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Free cash flow over the last twelve months was $189M, showing the business still generates real cash despite its losses.
  • The latest quarter beat expectations by 540.0%, with earnings per share of 0.22 against an expected loss of 0.05.
Why it could disappoint
  • The company reported a net loss, with a net margin of -2.9% and a return on equity of -1.0%.
  • Revenue fell 10.0% year over year, breaking a five-year average growth rate of +8.6% per year.
  • Debt to equity of 1.55 leaves the balance sheet heavily reliant on borrowing, a meaningful risk if tenants or refinancing markets weaken.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 4, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Ask ACCE

Valuation

INVESTOR
Where GNL's valuation models land
Price
$7.20
Model fair valueConfidence: medium
$7.99
Model
Fair value
Upside
Dividend discount
EV/EBITDA comparison
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See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish67% buy · 9 covering analysts
● Strong buy 4● Buy 2● Hold 2● Sell 1● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-3.1%
1 month
-17.0%
3 months
-18.9%
6 months
-24.3%
YTD
-16.3%
1 year
-5.6%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
11 Oct 2026, 00:00 CESTACCE price target$7.70first publication$7.75
19 Aug 2026, 00:00 CESTFair value$13.07$12.34$8.76
31 Jul 2026, 00:00 CESTFair value$12.34$12.74$8.76
2 Jul 2026, 00:00 CESTFair value$12.74first publication$9.04

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth43Value51Quality50Momentum25Total42
Valuation
Trailing P/E
0.0x
Forward P/E
0.0x
PEG
0.00
P/B
1.33x
EV / Revenue
9.4x
Book value/sh
$7.16
Enterprise value
$4.3B
Profitability
ROE
-1.0%
FCF yield
11.25%
ROIC
-4.4%
Health and risk
Debt / equity
1.55
Dividend yield
10.67%
Beta
1.02

Price

-6.4% · 1Y

Ask anything about GNL

Answered from Global Net Lease Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 250.5x
ROEbetter than 33% of peers
low -11%-1%high 11%
Div yieldbetter than 83% of peers
low 0.0%10.7%high 13.3%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
GNL Global Net Lease Inc. Common Stock$7.20----1.0%5042
CLW.AX Charter Hall Long WALE REITA$3.30A$539% below8.6x8.3%7368
AAT American Assets Trust Inc. Common Stock$21.29--73.7x2.2%5842
ESRT Empire State Realty Trust Inc. Class A Common Stock$4.93--250.5x0.5%4535
YGMP.MC GMP Property SOCIMI, S.A.€62.00€14156% below6.4x10.6%8163
ICAD.PA Icade€14.55----5.2%4338
UTG.L Unite Group PLC£4.54----10.8%6441

Sector report card

Where GNL ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Oct 1, 2026
    Global Net Lease, Inc. Announces Common Stock Dividend for the Fourth Quarter 2026
  • GlobeNewswire•Sep 17, 2026
    Global Net Lease, Inc. Announces Preferred Stock Dividends
  • GlobeNewswire•Aug 13, 2026
    Global Net Lease Completes Acquisition of Modiv Industrial
7 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 19
Form 4Insider transactionPeriod 2026-10-15
View on SEC →
Oct 19
Form 4Insider transactionPeriod 2026-10-15
View on SEC →
Oct 19
Form 4Insider transactionPeriod 2026-10-15
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR