CORRECTED-Greece's Global Ship Lease Q4 revenue up 4.7% yr/yr; flags geopolitical uncertainity

Overview

• Greece-based containership owner's Q4 2025 revenue rose 4.7% yr/yr

• Net income for Q4 2025 was $100.2 mln, with EPS of $2.79

• Company increased annualized dividend to $2.50 per Class A Common Share

• Hostilities in Iran affecting trade patterns and creating volatility, per Executive Chairman

Outlook

• Global Ship Lease locks in 99% contract cover for 2026 and 81% for 2027

• Company cites geopolitical instability in Iran as a source of trade volatility

Result Drivers

• HIGHER CHARTER RATES - Increased Q4 revenue attributed to higher rates on charter renewals and addition of new vessels

• VESSEL ACQUISITIONS - Purchase of three 8,600 TEU ships with ECO upgrades contributed to strategic growth

Company press release: ID:nGNXTm0YS

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the marine freight & logistics peer group is "buy."

• Wall Street's median 12-month price target for Global Ship Lease Inc is $37.00, about 8% below its March 4 closing price of $40.22

• The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

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