Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their ...
Global Ship Lease, Inc. (NYSE:GSL) is an American company that owns a fleet of 69 container vessels, which it leases out to shipping operators through long-term, fixed-rate contracts. Its business ...
GSL yields 8.4% with a very conservative 18% payout ratio. Its trailing and forward P/Es are much lower than industry averages. Management locked in charters at high rates - its fleet is 91% covered ...
As you may have heard marine shipping rates can be very volatile, moving up and down as many factors come to bear. Container shipowners, such as Global Ship Lease (GSL), reaped the benefits of high ...