Global Ship Lease에 대한 매도 수량은 투자자에게 Global Ship Lease의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Global Ship Lease (NYSE:GSL) 주식, 공매도 수량 보고

Global Ship Lease

Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.

Global

Markets

ESEA

소매업체들이 미국 항구에서 파업 조치를 앞두고 재고를 보충하려고 함에 따라 미국으로 향하는 대서양 횡단 컨테이너 운송량이 다시 증가하고 있다.

美 항구 파업 가능성에 대서양 횡단 컨테이너 운송량 증가, 컨테이너 선사들 주가 상승

Global Ship Lease Inc New Class A Common Shares

Global Ship Lease Inc

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GREEN SCIENTIFIC LBS HLD by Green Scientific Labs Holdings Inc.

Go Solar USA Inc

GEOSOLAR TECHNOLOGIES INC by GEOSOLAR TECHNOLOGIES, INC.

Geosolar Technologies Inc

Global Ship Lease, Inc. Depository Shares Representing 1/100th Perpetual Preferred Series B% (Marshall Island)

Jefferies analyst Omar Nokta maintains Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) with a Buy and maintains $29 price target.

News

Price Target

Analyst Ratings

Jefferies Maintains Buy on Global Ship Lease, Maintains $29 Price Target

Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.41 by 1.66 percent. The company reported quarterly sales of $174.064 million which missed the analyst consensus estimate of $174.309 million by 0.14 percent. This is a 0.27 percent decrease over sales of $174.530 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Global Ship Lease Q3 2024 Adj. EPS $2.45 Beats $2.41 Estimate, Sales $174.064M Miss $174.309M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is projected to report quarterly earnings at $2.41 per share on revenue of $174.31 million. 
• Monday.Com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) is projected to report quarterly earnings at $0.63 per share on revenue of $246.09 million. 
• Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) is likely to report quarterly earnings at $0.53 per share on revenue of $4.46 billion. 
• ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $2.03 billion. 
• Lincoln Educational Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINC#NASDAQ">LINC</a>) is projected to report quarterly earnings at $0.09 per share on revenue of $110.77 million. 
• Strawberry Fields REIT (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/STRW#AMEX">STRW</a>) is estimated to report earnings for its third quarter. 
• Sapiens Intl Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $140.07 million. 
• Nuwellis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) is projected to report quarterly loss at $1.28 per share on revenue of $2.36 million. 
• GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) is estimated to report earnings for its third quarter. 
<h3>Companies Reporting After The Bell</h3>
• Grab Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) is expected to report quarterly loss at $0.01 per share on revenue of $691.80 million. 
• Ispire Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPR#NASDAQ">ISPR</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $52.81 million. 
• Talos Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TALO#NYSE">TALO</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $500.03 million. 
• Team (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TISI#NYSE">TISI</a>) is estimated to report earnings for its third quarter. 
• Mineralys Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLYS#NASDAQ">MLYS</a>) is expected to report earnings for its third quarter. 
• Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) is likely to report quarterly earnings at $1.71 per share on revenue of $8.09 billion. 
• Gatos Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATO#NYSE">GATO</a>) is projected to report earnings for its third quarter. 
• Yalla Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YALA#NYSE">YALA</a>) is likely to report earnings for its third quarter. 
• Archrock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AROC#NYSE">AROC</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $283.55 million. 
• Ampco-Pittsburgh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AP#NYSE">AP</a>) is likely to report earnings for its third quarter. 
• FGI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGI#NASDAQ">FGI</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $30.69 million. 
• Bioceres Crop Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOX#NASDAQ">BIOX</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $120.80 million. 
• RMR Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMR#NASDAQ">RMR</a>) is estimated to report quarterly earnings at $0.38 per share on revenue of $220.35 million. 
• Assertio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASRT#NASDAQ">ASRT</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $28.87 million. 
• Beyond Air (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XAIR#NASDAQ">XAIR</a>) is projected to report quarterly loss at $0.28 per share on revenue of $1.04 million. 
• Bridger Aerospace Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAER#NASDAQ">BAER</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $57.50 million. 
• Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) is expected to report quarterly loss at $0.55 per share on revenue of $26.01 million. 
• QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) is likely to report quarterly loss at $0.05 per share on revenue of $4.20 million. 
• VAALCO Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGY#NYSE">EGY</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $145.89 million. 
• Assured Guaranty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGO#NYSE">AGO</a>) is projected to report quarterly earnings at $1.36 per share on revenue of $201.37 million. 
• Stereotaxis (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/STXS#AMEX">STXS</a>) is likely to report quarterly loss at $0.05 per share on revenue of $7.10 million. 
• NET Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPWR#NYSE">NPWR</a>) is estimated to report quarterly loss at $0.09 per share on revenue of $3.00 million. 
• Luminar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) is expected to report quarterly loss at $0.17 per share on revenue of $18.68 million. 
• James River Gr Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JRVR#NASDAQ">JRVR</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $146.56 million. 
• Crescent Capital BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCAP#NASDAQ">CCAP</a>) is estimated to report quarterly earnings at $0.57 per share on revenue of $48.69 million. 
• IAC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAC#NASDAQ">IAC</a>) is estimated to report quarterly loss at $0.28 per share on revenue of $923.69 million. 
• Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $298.54 million. 
• Intevac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVAC#NASDAQ">IVAC</a>) is expected to report quarterly loss at $0.15 per share on revenue of $11.50 million. 
• Nevro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVRO#NYSE">NVRO</a>) is likely to report quarterly loss at $0.81 per share on revenue of $93.07 million. 
• Zeta Global Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $248.65 million. 
• DoubleDown Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDI#NASDAQ">DDI</a>) is estimated to report quarterly earnings at $0.55 per share on revenue of $85.43 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ANGI

ARMK

AROC

ASRT

ATER

BAER

BIOX

CCAP

GATO

GRAB

ISPR

IVAC

JRVR

LAZR

LINC

MLYS

MNDY

NPWR

NUWE

NVRO

QUIK

SPNS

STRW

STXS

TALO

TISI

XAIR

YALA

ZETA

Earnings Scheduled For November 11, 2024

Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is gearing up to announce its quarterly earnings on Monday, 2024-11-11. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Global Ship Lease will report an earnings per share (EPS) of $2.47.
Investors in Global Ship Lease are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Performance in Previous Earnings</h3>
In the previous earnings release, the company beat EPS by $0.17, leading to a 6.39% increase in the share price the following trading session.
Here's a look at Global Ship Lease's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.29</td>
<td>2.27</td>
<td>2.35</td>
<td>2.15</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.46</td>
<td>2.53</td>
<td>2.49</td>
<td>2.33</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.0%</td>
<td>2.0%</td>
<td>1.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731078112_0.png" alt="eps graph" />
<h3>Performance of Global Ship Lease Shares</h3>
Shares of Global Ship Lease were trading at $24.73 as of November 07. Over the last 52-week period, shares are up 41.52%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/GSL/earnings">To track all earnings releases for Global Ship Lease visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Global Ship Lease's Earnings

Possible labor strikes at U.S. East and Gulf coast ports and Canadian railways may lead to volatility in <a href="https://www.benzinga.com/news/global/24/08/40451543/transatlantic-container-shipping-volumes-rise-as-possible-strike-at-u-s-ports-hovers">container freight rates</a> by causing supply-chain disruptions for the container industry and cargo owners, according to an industry expert.
&#8220;With the looming strikes at Canadian railways and U.S. ports, we may see an immediate uptick in freight rates as market participants brace for significant disruptions,&#8221; said Christian Roeloffs, CEO of German online container marketplace Container xChange.
Read Also: <a href="https://www.benzinga.com/top-stories/24/07/39964809/stock-of-the-day-reversal-for-sfl-corp-why-investors-are-concerned">Stock Of The Day: Reversal For SFL Corp? Why Investors Are Concerned</a>
&#8220;The possibility of simultaneous strikes at U.S. ports and Canadian railways present a perfect storm for North American trade.&#8221;
Canadian&nbsp;National&nbsp;Railway and&nbsp;Canadian&nbsp;Pacific Kansas City plan to lock out thousands of rail workers on Thursday if they cannot reach labor agreements with the Teamsters Canada Rail Conference, Reuters reported.
The Teamsters issued a 72-hour strike notice on Sunday to CPKC ahead of the company's lockout notice.
Meanwhile, the International Longshoreman Association, which represents 45,000 dockworkers at three dozen U.S. ports, plans to go on strike on Oct. 1 if it does not sign a new labor contract with the U.S. Maritime Alliance by that date.
Price Action: Container leasing and container liner stocks saw gains and losses on Wednesday.
<ul>
<li>Triton International Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRTN#NYSE">TRTN</a>) was down 0.53% to close at $26.18</li>
<li>Euroseas Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESEA#NASDAQ">ESEA</a>) declined 4.98% to $45.42.</li>
<li>Global Ship Lease, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) slipped 0.87% to $26.17</li>
<li>Matson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) picked up 2.09% to $133.73</li>
<li>Danaos Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAC#NYSE">DAC</a>) declined 0.90% to $82.36</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/06/39323886/new-chinese-megaport-roils-us-trading-influence-with-south-america">New Chinese Megaport Roils US Trading Influence With South America</a></li>
</ul>
Photo: Shutterstock

MATX

TRTN

Strikes At US Ports, Canada's Railways May Cause Container Freight Rate Volatility

Transatlantic container shipping volumes into the U.S. are <a href="https://www.benzinga.com/news/earnings/24/08/40439449/why-is-israel-based-cargo-shipping-company-zim-integrated-stock-surging-today">making a comeback </a>as U.S. retailers look to replenish inventories ahead of possible strike action at U.S. ports.
&#8220;There is some temptation by customers to bring in goods ahead of the labor contract expiry on Sept. 30,&#8221; Hapag-Lloyd CEO Rolf Habben Jansen said in an online news briefing, Reuters reported.
Hapag-Lloyd is the world&#8217;s fifth-largest container liner.
Freight sector analysts are closely following contract talks between cargo worker unions and port managers in case the September deadline is missed and a strike becomes imminent.
Retailers have also put in their orders sooner as they expect their goods to take longer trips around Africa to avoid Houthi-led attacks in the Red Sea, Hansen said.
Read Also: <a href="https://www.benzinga.com/government/24/03/37969025/baltimore-bridge-ship-collisions-not-uncommon-5-more-u-s-fatal-accidents">Baltimore Bridge: Ship Collisions Not Uncommon — 5 More Fatal Accidents In US</a>
This jump in ordering by U.S. retailers can be good news for several other liner operators that ship goods across the Atlantic basin to the U.S., such as Euroseas Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESEA#NASDAQ">ESEA</a>), Global Ship Lease Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) and Danaos Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAC#NYSE">DAC</a>).
This good news for container shipping comes as ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) posted very strong second-quarter earnings on Monday by capitalizing on transpacific trade into the U.S.
The company&#8217;s average freight rate for a 20-foot container came in at $1,674 for the second quarter, up from $1,193 for the same period last year. ZIM carried 952,000 20-foot containers in the quarter, up from 860,000 such containers a year ago.
ZIM posted earnings per share of $3.08 for the quarter, blowing away analyst EPS consensus of $1.79. Second-quarter revenue totaled $1.933 billion, up from $1.31 billion a year earlier.
Price Actions: Container shipping stocks trended upward on Monday.
<ul>
<li>ZIM jumped 16.74% to close at $22.25</li>
<li>Euroseas gained 6.36% to finish the day at $47.02</li>
<li>Global Ship Lease rose 1.26% to $27.24</li>
<li>Danaos picked up 2% to $84.23</li>
</ul>
Read Now: • <a href="https://www.benzinga.com/markets/equities/24/03/37961583/tesla-gm-ford-supply-chain-concerns-baltimore-port-closure-going-to-have-an-impact">Tesla, GM, Ford Supply Chain Concerns: Baltimore Port Closure &#8216;Going To Have An Impact&#8217;</a>
Photo: Shutterstock

Transatlantic Container Shipping Volumes Rise As Possible Strike At U.S. Ports Hovers

Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) reported quarterly earnings of $2.46 per share which beat the analyst consensus estimate of $2.29 by 7.42 percent. The company reported quarterly sales of $175.000 million which beat the analyst consensus estimate of $171.713 million by 1.91 percent. This is a 7.97 percent increase over sales of $162.080 million the same period last year.

Global Ship Lease Q2 2024 Adj. EPS $2.46 Beats $2.29 Estimate, Sales $175.000M Beat $171.713M Estimate

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$67.50</td>
<td>$27.9K</td>
<td>2.5K</td>
<td>3.6K</td>
</tr>
<tr>
<td>ZIM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$20.00</td>
<td>$36.4K</td>
<td>2.1K</td>
<td>3.0K</td>
</tr>
<tr>
<td>SPWR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/12/24</td>
<td>$2.00</td>
<td>$29.4K</td>
<td>587</td>
<td>1.6K</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$45.00</td>
<td>$30.4K</td>
<td>2.5K</td>
<td>1.3K</td>
</tr>
<tr>
<td>UBER</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$70.00</td>
<td>$57.9K</td>
<td>7.0K</td>
<td>152</td>
</tr>
<tr>
<td>GSL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.00</td>
<td>$30.0K</td>
<td>1.9K</td>
<td>134</td>
</tr>
<tr>
<td>JBHT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$165.00</td>
<td>$33.9K</td>
<td>48</td>
<td>81</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$180.00</td>
<td>$171.5K</td>
<td>1.7K</td>
<td>34</td>
</tr>
<tr>
<td>SAIA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$490.00</td>
<td>$43.0K</td>
<td>1.0K</td>
<td>26</td>
</tr>
<tr>
<td>JBLU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$10.00</td>
<td>$32.4K</td>
<td>1.6K</td>
<td>0</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding JCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>), we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on July 19, 2024. Parties traded 465 contract(s) at a $67.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $60.0 per contract. There were 2557 open contracts at this strike prior to today, and today 3612 contract(s) were bought and sold. 
• Regarding ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we observe a put option sweep with bearish sentiment. It expires in 42 day(s) on August 16, 2024. Parties traded 243 contract(s) at a $20.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $150.0 per contract. There were 2154 open contracts at this strike prior to today, and today 3056 contract(s) were bought and sold. 
• Regarding SPWR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on July 12, 2024. Parties traded 2102 contract(s) at a $2.00 strike. This particular put needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $14.0 per contract. There were 587 open contracts at this strike prior to today, and today 1683 contract(s) were bought and sold. 
• Regarding DAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), we observe a put option sweep with bullish sentiment. It expires in 350 day(s) on June 20, 2025. Parties traded 67 contract(s) at a $45.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $30.4K, with a price of $455.0 per contract. There were 2521 open contracts at this strike prior to today, and today 1334 contract(s) were bought and sold. 
• For UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we notice a put option trade that happens to be bullish, expiring in 42 day(s) on August 16, 2024. This event was a transfer of 161 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $57.9K, with a price of $360.0 per contract. There were 7067 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For GSL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>), we notice a call option trade that happens to be bullish, expiring in 196 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $150.0 per contract. There were 1999 open contracts at this strike prior to today, and today 134 contract(s) were bought and sold. 
• Regarding JBHT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>), we observe a call option sweep with bearish sentiment. It expires in 133 day(s) on November 15, 2024. Parties traded 39 contract(s) at a $165.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $33.9K, with a price of $870.0 per contract. There were 48 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on July 19, 2024. This event was a transfer of 350 contract(s) at a $180.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $171.5K, with a price of $490.0 per contract. There were 1715 open contracts at this strike prior to today, and today 34 contract(s) were bought and sold. 
• For SAIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>), we notice a call option trade that happens to be neutral, expiring in 14 day(s) on July 19, 2024. This event was a transfer of 100 contract(s) at a $490.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $430.0 per contract. There were 1088 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold. 
• For JBLU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>), we notice a call option sweep that happens to be bullish, expiring in 378 day(s) on July 18, 2025. This event was a transfer of 772 contract(s) at a $10.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $32.4K, with a price of $42.0 per contract. There were 1684 open contracts at this strike prior to today, and today 0 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

JBHT

JBLU

SAIA

SPWR

UBER

10 Industrials Stocks Whale Activity In Today's Session

New analyst coverage greatly benefits investors by providing comprehensive data on stocks for an informed investment decision. Analysts possess information crucial for investors, and their insights are highly valued. Without them, stocks may be misinterpreted and potentially mispriced. 
Recently, several stocks, including GigaCloud Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gct#NASDAQ">GCT</a>) and Global Ship Lease, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gsl#NYSE">GSL</a>), have caught the attention of analysts, signaling potential value and growth opportunities for investors. 
Analysts do not randomly choose which stocks to cover. Typically, the decision to add a stock to their coverage is driven by significant investor interest or prospects associated with it. 
A noteworthy observation is that stocks tend to experience gradual upward price movements when they receive new analyst coverage compared with the price changes seen with existing analyst coverage. The extent of this price movement is influenced by the recommendations of the new analysts. Positive recommendations like &quot;Buy&quot; and &quot;Strong Buy&quot; result in a more substantial positive price reaction than &quot;Strong Sell,&quot; &quot;Sell,&quot; or &quot;Hold&quot; recommendations. 
When an analyst provides a new recommendation for a company with limited or no prior analyst coverage, investors pay more attention to the stock. Additionally, any fresh information attracts portfolio managers, who may decide to build a position in the stock. 
Instead of focusing on a single recommendation change, it is advisable to consider the average change in broker recommendations. Upgrades, initiations and increased coverage by multiple analysts carry equal significance in assessing a stock&#39;s potential. 
To formulate a prudent strategy, it is worthwhile to concentrate on the number of analyst recommendations that have increased in recent weeks. This approach can provide valuable insights into the overall sentiment and potential trajectory of a stock.
<h3>Screening Criteria</h3>
The Number of Broker Ratings now greater than the Number of Broker Ratings four weeks ago (this will shortlist stocks that have recent new coverage). 
Average Broker Rating less than Average Broker Rating four weeks ago (&quot;less than&quot; means &quot;better than&quot; four weeks ago). 
Increased analyst coverage and improving average rating are the primary criteria of this strategy, but one should also consider other relevant parameters to make it foolproof.
<h3>Here are the other screening parameters:</h3>
Price greater than or equal to $5 (as a stock below $5 will not likely create significant interest for most investors). 
Average Daily Volume greater than or equal to 100,000 shares (if the volume isn&#39;t enough, it will not attract individual investors).
<h3>Here are two out of the six stocks that passed the screen:</h3>
GigaCloud: Headquartered in El Monte, CA, this company offers comprehensive B2B e-commerce solutions for large parcel merchandise both in the United States and globally. GCT shares have gained 65% so far this year, outperforming the industry&#39;s 19% rise. 
GCT currently sports a Zacks Rank #1 (Strong Buy). Earnings per share estimates for GCT have moved north to $3.25 from $2.98 for 2024 over the past 60 days, depicting analysts&#39; optimism over the company&#39;s prospects. Earnings surpassed the Zacks Consensus Estimate in all of the trailing four quarters, the average surprise being 47.9%. GCT has a VGM Score of A. 
Global Ship Lease: Based in Athens, Greece, this company specializes in owning and chartering containerships, offering fixed-rate charters to container shipping companies around the world. GSL shares have gained 43.7% so far this year, outperforming the industry&#39;s 15.7% growth. 
GSL currently carries a Zacks Rank #3 (Hold). EPS estimates for GSL have moved north to $9.62 from $9.40 for 2024 over the last 60 days. Earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 5.7%. 
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. 
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. 
<a href="https://www.zacks.com/stock/news/2290714/2-stocks-in-focus-as-new-analysts-initiate-coverage?cid=CS-BENZ-FT-analyst_blog|rw-2290714">To read this article on Zacks.com click here.</a>

Small Cap

Trading Ideas

2 Stocks in Focus As New Analysts Initiate Coverage

Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders &nbsp;
Increased dividend payments reflect material outperformance of containership charter markets
ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) (the "Company"), a containership charter owner, today announced the introduction of a quarterly supplemental dividend to common shareholders.
Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations. As a result, in addition to the sustainable dividend of $0.375 per Class A common share per quarter, commencing with the dividend payable after the release of the Company's earnings for the second quarter of 2024, Global Ship Lease expects to initiate a supplemental dividend of $0.075 per Class A common share per quarter, an increase of 20%, for as long as conditions are supportive.

Dividends

Global Ship Lease Expects To Initiate A Supplemental Dividend Of $0.075 Per Share, An Increase Of 20%, For As Long As Conditions Are Supportive

Jefferies analyst Omar Nokta maintains Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) with a Buy and raises the price target from $26 to $29.

Jefferies Maintains Buy on Global Ship Lease, Raises Price Target to $29

Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) reported quarterly earnings of $2.53 per share which beat the analyst consensus estimate of $2.27 by 11.45 percent. This is a 19.34 percent increase over earnings of $2.12 per share from the same period last year. The company reported quarterly sales of $179.561 million which beat the analyst consensus estimate of $168.061 million by 6.84 percent. This is a 12.73 percent increase over sales of $159.291 million the same period last year.

Global Ship Lease Q1 2024 Adj EPS $2.53 Beats $2.27 Estimate, Sales $179.561M Beat $168.061M Estimate

Jefferies analyst Omar Nokta reiterates Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) with a Buy and maintains $25 price target.

Reiteration

Jefferies Reiterates Buy on Global Ship Lease, Maintains $25 Price Target

Global Ship Lease Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) shares are trading lower after the company reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/g37453394/global-ship-lease-reports-results-for-the-fourth-quarter-of-2023" rel="noreferrer noopener">fourth-quarter FY23 results</a>.
Operating revenue grew 8.4% Y/Y to $178.9 million, beating the consensus of $172.0 million. Operating income declined to $78.9 million from $85.1 million a year ago. 
Revenue increased Y/Y due to charter renewals at higher rates on several vessels, the acquisition of four vessels (delivered in the second quarter of 2023), and a decrease in planned and unplanned off-hire days.
Adjusted EBITDA improved by 27.1% Y/Y to $127.1 million. Normalized EPS rose 16.4% Y/Y to $2.49,&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">beating the consensus of $2.35</a>.
Utilization for the quarter was 98.1% compared to 94.2% in the same period of the prior year. Time charter and voyage expenses were $5.4 million, compared to $6.6 million in the prior year quarter.
Vessel operating expenses increased by 3.1% to $47.0 million, with a 1.5% Y/Y decline in average cost per ownership day to $7,505.
As of December 31, 2023, the company had 68 containerships in its fleet. Global Ship Lease generated an operating cash flow of $105.5 million in the quarter.
Dividend: The company declared a dividend of $0.375 per Class A common share payable on March 6, 2024, to shareholders of record as of February 22, 2024.
George Youroukos, Executive Chairman, said, &#8220;Trade disruptions in the Red Sea significantly escalated towards the end of the fourth quarter of 2023, resulting in large-scale re-routing of containerships away from the Suez Canal and around the Cape of Good Hope, absorbing substantial effective supply.&#8221;&nbsp;
&#8220;Meanwhile, water shortages in the Panama Canal have led to a reduction in the number of vessels that can transit that key waterway, adding further bottlenecks to the global supply chain. Taken together, these two developments have caused a meaningful tightening of containership supply and demand &#8211; arresting, and even reversing, the previous downward normalization of charter rates and asset values.&#8221;
&#8220;It is impossible to predict how long disruptions to the Red Sea and Panama will last, and significant macroeconomic, geopolitical, and&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">regulatory uncertainty remain prominent features of the market outlook.&#8221;</a>
Price Action: GSL shares are trading lower by 6.6% at $19.24 on the last check Monday.
Yemen Red Sea &#x7C; Photo courtesy: Wikimedia

Equities

Guidance

Movers

Why Is Global Ship Lease Stock Trading Lower Today?

On CNBC&rsquo;s &quot;Mad Money Lightning Round,&quot; Jim Cramer said he can&rsquo;t recommend Global Ship Lease, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gsl#NYSE">GSL</a>) as &quot;we don&rsquo;t really <a href="https://www.benzinga.com/quote/GSL/news"> know what they own.&quot; </a>
Global Ship Lease is expected to report results for the fourth quarter and full year 2023 on March 4, 2024. Analysts expect the company to report quarterly earnings at $2.35 per share on revenue of $172.02 million.
Cramer said Magnite, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgni#NASDAQ">MGNI</a>) has caught his eye, too. &quot;I think you&rsquo;ve got an interesting stock here.&quot;
On Feb. 28, Magnite reported better-than-expected fourth-quarter financial results. Multiple analysts also raised their price targets on the stock following the report.
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
When asked about Roku, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/roku#NASDAQ">ROKU</a>), he said, &quot;You are in the house of pain, and I&rsquo;ve got to tell you, I don&rsquo;t think the door is going to open and let you out soon.&quot;
On Feb. 15, Roku reported fourth-quarter revenue of $984.42 million, which was up 14% year-over-year. The revenue came in ahead of a Street consensus estimate of $966.3 million, according to data from Benzinga Pro.
The &quot;Mad Money&quot; host said Dream Finders Homes, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dfh#NYSE">DFH</a>) is a &quot;company that&rsquo;s a home builder, frankly, and I prefer Toll Brothers (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tol#NYSE">TOL</a>) and then Lennar (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/len#NYSE">LEN</a>). But they&rsquo;re all doing well.&quot;
On Feb. 29, Dream Finders Homes reported better-than-expected fourth-quarter earnings and sales results.
<h3>Price Action:</h3>
<ul>
<li>Shares of Global Ship Lease gained 1.2% to close at $20.60 on Friday.</li>
<li>Magnite shares gained 1.8% to close at $12.23 on Friday.</li>
<li>Roku shares gained 0.3% to settle at $63.35.</li>
<li>Dream Finders Homes shares fell 1.5% to settle at $38.54 on Friday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37420040/around-2m-bet-on-tile-shop-holdings-check-out-these-4-stocks-insiders-are-buying"> Around $2M Bet On Tile Shop Holdings? Check Out These 4 Stocks Insiders Are Buying </a>

Media

MGNI

ROKU

'I Think You've Got An Interesting Stock Here': Cramer On This Advertising Company

Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) reported quarterly adjusted earnings of $2.49 per share which beat the analyst consensus estimate of $2.35 by 5.96 percent. This is a 16.36 percent increase over earnings of $2.14 per share from the same period last year. The company reported quarterly sales of $178.90 million which beat the analyst consensus estimate of $172.02 million by 4.00 percent. This is a 8.41 percent increase over sales of $165.02 million the same period last year.

Global Ship Lease Q4 Adj. EPS $2.49 Beats $2.35 Estimate, Sales $178.90M Beat $172.02M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) is estimated to report earnings for its fourth quarter.
&bull; Avadel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVDL#NASDAQ">AVDL</a>) is projected to report quarterly loss at $0.29 per share on revenue of $18.11 million.
&bull; LENSAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNSR#NASDAQ">LNSR</a>) is expected to report quarterly loss at $0.22 per share on revenue of $12.00 million.
&bull; Sea (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>) is projected to report quarterly loss at $0.27 per share on revenue of $3.53 billion.
&bull; Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is estimated to report quarterly earnings at $2.35 per share on revenue of $172.02 million.
&bull; Modiv Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDV#NYSE">MDV</a>) is likely to report earnings for its fourth quarter.
&bull; GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) is estimated to report earnings for its fourth quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $18.05 million.
&bull; Ekso Bionics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EKSO#NASDAQ">EKSO</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $4.77 million.
&bull; ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISH#NASDAQ">WISH</a>) is likely to report quarterly loss at $2.66 per share on revenue of $53.06 million.
&bull; Stellus Cap Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCM#NYSE">SCM</a>) is expected to report quarterly earnings at $0.45 per share on revenue of $27.41 million.
&bull; Crawford &amp; Company Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRD#NYSE">CRD</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $317.48 million.
&bull; Eos Energy Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>) is likely to report quarterly loss at $0.25 per share on revenue of $9.00 million.
&bull; Southland Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SLND#AMEX">SLND</a>) is expected to report quarterly earnings at $0.02 per share on revenue of $274.41 million.
&bull; Commercial Vehicle Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGI#NASDAQ">CVGI</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $226.24 million.
&bull; Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $157.42 million.
&bull; Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $107.35 million.
&bull; Crescent Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRGY#NYSE">CRGY</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $607.02 million.
&bull; Stitch Fix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $330.85 million.
&bull; Stereotaxis (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/STXS#AMEX">STXS</a>) is expected to report quarterly loss at $0.07 per share on revenue of $7.70 million.
&bull; SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $83.11 million.
&bull; Akoya Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKYA#NASDAQ">AKYA</a>) is expected to report quarterly loss at $0.27 per share on revenue of $25.89 million.
&bull; ThredUp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDUP#NASDAQ">TDUP</a>) is likely to report quarterly loss at $0.13 per share on revenue of $80.33 million.
&bull; AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) is estimated to report quarterly earnings at $0.33 per share on revenue of $170.62 million.
&bull; Cara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARA#NASDAQ">CARA</a>) is estimated to report quarterly loss at $0.41 per share on revenue of $9.42 million.
&bull; GitLab (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $158.21 million.
&bull; Viant Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSP#NASDAQ">DSP</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $65.92 million.
&bull; Vicarious Surgical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBOT#NYSE">RBOT</a>) is expected to report earnings for its fourth quarter.
&bull; Innovate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VATE#NYSE">VATE</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AKYA

AVAV

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

CARA

CRGY

CVGI

EKSO

EOSE

GTLB

LNSR

NKTR

NWPX

RBOT

SEMR

SFIX

SLND

SOHU

TDUP

VATE

WISH

Earnings Scheduled For March 4, 2024

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Sea Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/se#NYSE">SE</a>) to report a quarterly loss at 27 cents per share on revenue of $3.55 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Sea shares fell 0.3% to $50.90 in after-hours trading.
Analysts are expecting AeroVironment, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avav#NASDAQ">AVAV</a>) to have earned 33 cents per share on revenue of $170.63 million for the latest quarter. The company will release earnings after the markets close. AeroVironment shares gained 1% to $130.00 in after-hours trading.
LL Flooring Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ll#NYSE">LL</a>) reported a narrower-than-expected loss for its fourth quarter on Friday. LL Flooring shares surged 6.5% to $2.28 in the after-hours trading session.
Check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
Analysts expect Stitch Fix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sfix#NASDAQ">SFIX</a>) to report a quarterly loss at 20 cents per share on revenue of $330.86 million after the closing bell. Stitch Fix shares gained 1.6% to $3.26 in after-hours trading.
Before the markets open, Global Ship Lease, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gsl#NYSE">GSL</a>) is projected to post quarterly earnings at $2.35 per share on revenue of $172.02 million. Global Ship Lease shares gained 0.6% to $20.73 in after-hours trading.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37414137/jim-cramer-says-this-is-a-smart-consulting-company-calls-commercial-metals-company-a-win"> Jim Cramer Says This Is A &#39;Smart Consulting Company,&#39; Calls Commercial Metals Company A Winner </a>

Penny Stocks

Pre-Market Outlook

Sea, AeroVironment And 3 Stocks To Watch Heading Into Monday

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, with the index remaining in the &quot;Extreme Greed&quot; zone on Friday.
U.S. stocks closed higher on Friday, with the Nasdaq Composite surging to an all-time high during the session. On a weekly basis, the Nasdaq gained 1.74%, while the S&amp;P 500 gained 0.95%.
NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) shares gained 4%, while Meta Platforms, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>) added 2.5% on Friday. Shares of Dell Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dell#NYSE">DELL</a>) jumped around 32% on Friday after the company reported better-than-expected fourth-quarter financial results and increased its annual cash dividend by 20%.
On the economic data front, the ISM manufacturing PMI declined to 47.8 in February from 49.1 a month ago, compared to market estimates of 49.5. The University of Michigan consumer sentiment for the U.S. fell to 76.9 in February versus a preliminary reading of 79.6 and versus January&rsquo;s reading of 79.
Most sectors on the S&amp;P 500 closed on a positive note, with energy, information technology, and real estate stocks recording the biggest gains on Friday. However, utilities and financials stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 91 points to 39,087.38 on Friday. The S&amp;P 500 rose 0.80% at 5,137.08, while the Nasdaq Composite climbed 1.14% at 16,274.94 during Friday&rsquo;s session.
Investors are awaiting earnings results from Global Ship Lease, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gsl#NYSE">GSL</a>), Commercial Vehicle Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cvgi#NASDAQ">CVGI</a>), AeroVironment, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avav#NASDAQ">AVAV</a>), and Stitch Fix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sfix#NASDAQ">SFIX</a>) today.
At a current reading of 77.3, the index remained in the &quot;Extreme Greed&quot; zone on Friday versus a prior reading of 76.9.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Read Next: <a href="https://www.benzinga.com/news/24/03/37420039/top-3-industrial-stocks-that-may-collapse-this-quarter"> Top 3 Industrial Stocks That May Collapse This Quarter </a>

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Investor Sentiment Improves Further, Nasdaq Hits New High

Global Ship Lease declares $0.45 dividend

Earnings Snapshot: Global Ship Lease beats top-line and bottom-line estimates

As the global container shipping market surges, driven by strong demand and government-backed investments, the industry presents exciting growth opportunities. Hence, fundamentally solid shipping stocks Danaos Corporation (DAC), ZIM Integrated (ZIM), and Global Ship Lease (GSL) might be ideal buys to capitalize on the growing sector. Continue reading... The global shipping market is propelled by growing demand for international marine freight transport, increased reliance on ships for cargo transportation, and a boost in trade-related agreements.
With these trends in mind, quality shipping stocks Danaos Corporation (<a href="https://stocknews.com/stock/DAC/">DAC</a>), ZIM Integrated Shipping Services Ltd. (<a href="https://stocknews.com/stock/ZIM/">ZIM</a>), and Global Ship Lease, Inc. (<a href="https://stocknews.com/stock/GSL/">GSL</a>) present compelling investment opportunities. These companies are well-positioned to capitalize on the growth potential of the shipping industry, making them attractive choices for investors seeking to benefit from this thriving market.
The global shipping market's expansion is fueled by steady demand and <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/07/29/fact-sheet-white-house-announces-new-private-sector-investments-in-american-maritime-industries-due-to-biden-harris-administration-efforts/">significant government investments</a>, particularly in the U.S. maritime sector, spurred by recent actions from the Biden-Harris Administration and U.S. allies. The global container shipping market is expected to grow at a <a href="https://www.statista.com/statistics/1097059/global-shipping-containers-market-size/#:~:text=Between%202020%20and%202028%2C%20the,billion%20U.S.%20dollars%20in%202028.">CAGR of 12%</a> between 2020 and 2028, to reach a projected value of $15.87 billion.
Further, cargo shipping, the most cost-effective transport method per ton, is preferred for long-distance, low-environmental-impact transport of bulky goods. The global cargo shipping market is projected to reach $4.2 trillion by 2031, growing at a <a href="https://www.alliedmarketresearch.com/cargo-shipping-market-A47214#:~:text=The%20global%20cargo%20shipping%20market%20size%20was%20valued,a%20CAGR%20of%207%25%20from%202022%20to%202031.">7% CAGR</a> from 2022 to 2031.
Considering these conducive trends, let's examine the <a href="https://stocknews.com/category/shipping/">Shipping</a> stocks in detail.
Stock #3: Danaos Corporation (<a href="https://stocknews.com/stock/DAC/">DAC</a>)
DAC headquartered in Piraeus, Greece, offers seaborne transportation services through its fleet of containerships and drybulk vessels. Serving major shipping lines, its end users are businesses involved in international trade across Australia, Asia, and Europe.
In July 2024, DAC took delivery of its 10th capsized dry bulk carrier. As a result, aggregate DWT capacity of its capesize drybulk fleet currently stands at approximately 1.8 million DWT.
The company pays an annual dividend of $3.20, which translates to a dividend yield of 3.90% at the prevailing price levels, higher than its four-year average yield of 3.10%. Additionally, the company has raised its dividend payouts at a CAGR of 47.4% over the past three years.
During the fiscal second quarter that ended June 30, 2024, DAC's <a href="https://www.investopedia.com/terms/o/operating-revenue.asp">operating revenues</a> increased 2% year-over-year to $246.31 million. Its adjusted net income and EPS came in at $132.31 million and $6.78, respectively.
Analysts expect DAC's revenue for the quarter ended September 30, 2024, to increase to 7.9% year-over-year to $258 million. Meanwhile, the EPS for the same quarter is expected to be $6.78. It surpassed the Street EPS estimates in three of the trailing four quarters.
Over the past year, the stock has gained 29.9% to close the last trading session at $81.96. It soared 10.7% year-to-date.
DAC's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
DAC has a B grade in Value, Momentum, Stability, and Quality. It is ranked #15 out of 34 stocks in the A-rated <a href="https://stocknews.com/category/shipping/">Shipping</a> industry.
Beyond what we have stated above, we also have given DAC grades for Growth and Sentiment. Get all the DAC's ratings <a href="https://stocknews.com/stock/DAC/">here</a>.
Stock #2: ZIM Integrated Shipping Services Ltd. (<a href="https://stocknews.com/stock/ZIM/">ZIM</a>)
ZIM based in Haifa, Israel, provides container and vehicle shipping services worldwide. With a fleet of 150 vessels and 67 weekly shipping routes, it serves diverse clients, including end-users and freight forwarders. ZIM also offers ZIMonitor, a premium tracking service for reefer cargo.
On September 9, 2024, ZIM announced a new partnership with MSC on the Asia–US East Coast and Gulf routes, launching in February 2025. This collaboration aligns with ZIM's focus on efficiency and sustainability, utilizing larger, LNG-powered vessels to reduce emissions and strengthen its competitive position.
It pays an annual dividend of $3.72, which translates to a dividend yield of 15% at the prevailing price levels.
In the fiscal second quarter that ended June 30, 2024, ZIM posted an income from voyages and related services of $1.93 billion, up 47.6% year over year. Its gross profit was $ 524.2 million, compared to a loss of $79.2 million in the year-ago quarter. Its results from operating activities were $ 468.3 million for the quarter. Moreover, its profit for the period and EPS stood at $ 374.9 million and $3.08, respectively.
Street expects ZIM's revenue for the quarter ending September 30, 2024, to increase 89.5% year-over-year to $2.41 billion whereas the EPS is expected to be $7.21.
The stock climbed 151% year-to-date and has returned 236.6% over the past year, to close the last trading session at $24.77.
ZIM's POWR Ratings reflect strong prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B for Growth, Momentum, Value, and Quality. It is ranked #13 in the same industry.
To access ZIM's Sentiment and Stability ratings, click <a href="https://stocknews.com/stock/ZIM/">here</a>.
Stock #1: Global Ship Lease, Inc. (<a href="https://stocknews.com/stock/GSL/">GSL</a>)
Headquartered in Athens, Greece, GSL owns and charters 68 mid-sized and smaller containerships with a total capacity of 375,406 TEU. It provides fixed-rate charters to container shipping companies worldwide.
On September 10, 2024, GSL announced a cash dividend of $0.55 per depositary share on its 8.8% Series B Cumulative Redeemable Perpetual Preferred Shares This dividend covers the period from July 1 to September 30, 2024, and will be paid on October 1, 2024.It pays an annual dividend of $1.50, which translates to a dividend yield of 6.1% at the prevailing price levels.
On August 12, 2024, GSL secured a $300 million senior term loan to refinance its existing debt on better terms.
GSL's total operating revenue increased 8% year-over-year to $175 million in the fiscal 2024 second quarter that ended on June 30, 2024. Its normalised net income came in at $86.66 million, up 17.2% year-over-year, while its normalised class A EPS grew 17.7% from the year-ago value to $2.46.
For the fiscal year ending December 2024, Street expects GSL's EPS and revenue to rise 9.8% and 3.1% from the previous year to $9.91 and $695.85 million. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters.
Shares of GSL have gained 45.2% over the past year and 24% year to date to close the last trading session at $24.58.
GSL's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has an A grade in Value and Quality and a B for Momentum. Within the same industry, it is ranked #4.
Click <a href="https://stocknews.com/stock/GSL/">here</a> to see GSL's ratings for Growth, Sentiment, and Stability.
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ZIM shares fell $0.07 (-0.28%) in premarket trading Monday. Year-to-date, ZIM has gained 153.68%, versus a 27.04% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/zim-dac-gsl-3-shipping-stocks-navigating-through-global-demand/>3 Shipping Stocks Navigating Through Global Demand</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Shipping Stocks Navigating Through Global Demand

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Global Ship Lease, Inc. (GSL) Q3 2024 Earnings Call Transcript

Global Ship Lease ( ($GSL) ) has released its Q3 earnings. Here is a breakdown of the information Global Ship Lease presented to its investors. Glo...

Global Ship Lease: Resilient Performance Amid Market Challenges

Global Ship Lease (GSL) has released an update. Global Ship Lease, Inc. reported a slight decline in third-quarter revenue for 2024 but achieved si...

Global Ship Lease Strengthens Financial Position Amid Growth

ZIM Integrated: Selling The Great News On Potential 2025 Headwinds (Downgrade)

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Press Releases

Global Ship Lease Announces Introduction of Quarterly Supplemental Dividend for Common Shareholders

Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares

Global Ship Lease Announces Results of 2024 Annual Meeting of Shareholders

Global Ship Lease Announces Credit Rating Upgrades

Global Ship Lease Announces Second Quarter 2024 Earnings Release, Conference Call and Webcast

Global Ship Lease Reports Results for the Second Quarter of 2024

General

Global Ship Lease Provides Update on Refinancing Activity

Global Ship Lease Announces Third Quarter 2024 Earnings Release, Conference Call and Webcast

Global Ship Lease Reports Results for the Third Quarter of 2024

GSLPRB

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EuroDry

Euroseas

Globus Maritime

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands)

Genco Shipping & Trading

Golden Ocean Group Limited - Common Stock

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Himalaya Shipping

Caravelle International Group - Ordinary Shares

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Matson

Navios Maritime Partners LP Common Units Representing Limited Partner Interests

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Performance Shipping Inc. - Common Shares

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