Global Ship Lease Renews ATM Offering Programs for Common and Preferred Shares

Global Ship Lease ( (GSL) ) just unveiled an update.

On September 23, 2025, Global Ship Lease, Inc. renewed its ‘at the market’ (ATM) offering programs for both its Class A common shares and its depositary shares representing Series B Preferred Stock. The Common Share ATM Program allows the company to offer and sell up to $100 million of its common shares, while the Preferred Share ATM Program permits sales of up to $150 million of its depositary shares. These renewals replace prior programs that expired on September 16, 2025, with minimal sales executed under the previous arrangements. This strategic move aims to provide the company with financial flexibility and potentially strengthen its market position.

The most recent analyst rating on (GSL) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on Global Ship Lease stock, see the GSL Stock Forecast page.

Spark’s Take on GSL Stock

According to Spark, TipRanks’ AI Analyst, GSL is a Outperform.

Global Ship Lease’s strong financial performance and positive earnings call are the most significant factors contributing to its high score. The company’s robust profitability, improved leverage, and strategic positioning in the market are commendable. While technical indicators show bullish momentum, caution is advised due to overbought signals. The low P/E ratio and high dividend yield further enhance the stock’s attractiveness.

To see Spark’s full report on GSL stock, click here.

More about Global Ship Lease

Global Ship Lease, Inc. operates in the shipping industry, focusing on leasing containerships to liner companies. The company provides long-term, fixed-rate charters, which offer stable and predictable cash flows.

Average Trading Volume: 337,572

Technical Sentiment Signal: Buy

Current Market Cap: $1.14B

Learn more about GSL stock on TipRanks’ Stock Analysis page.