B+
Bull case
25%
Probability
Target price
$10.25
Analysis reference price unavailable
Analysis 2026-10-16 · RankAlpha Sentiment Codex
GNL
Global Net LeaseBNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
Quote time unavailable
Current thesis
The completed Modiv acquisition could add industrial exposure and deliver management's projected AFFO accretion, while office sales support further deleveraging. These remain execution tests rather than proven forward returns.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite.
What can break
Net debt to adjusted EBITDA remained 6.6x at Q2 despite improvement; refinancing and asset-sale execution remain important. [#SEC-8K-2026-08-05]
Momentum
20
Value
65
Sentiment
57
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $8.00 · Bull $10.25 · Bear $5.80Analysis 2026-10-16; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-16 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $10.13
Why
Momentum20 · Δ7d -5.9
Value65 · Δ7d -
Sentiment57 · Δ7d +3.9
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Value remains the lead driver in the composite.
Contradictions & invalidation
- • Net debt to adjusted EBITDA remained 6.6x at Q2 despite improvement; refinancing and asset-sale execution remain important. [#SEC-8K-2026-08-05]
- • Q2 AFFO was $0.22 per share versus $0.24 a year earlier, and revenue was $112.5 million versus $124.9 million, primarily reflecting prior dispositions. [#SEC-8K-2026-08-05]
- • Q2 revenue and AFFO per share fell year over year, partly reflecting prior dispositions; 6.6x net debt to adjusted EBITDA leaves the equity sensitive to weaker cash flow, financing costs or slower asset sales.
Catalyst clock
2026-11-04
Third-quarter results test the operating thesis
Lead driver: Value · See fundamentals
Momentum
20
8% active weight
Current posture
7d trendFlat
Δ7d
-5.9
Δ21d
-27.0
Value
65
47% active weight
Current posture
7d trendImproving
Δ7d
-
Δ21d
-
Sentiment
57
45% active weight
Current posture
7d trendImproving
Δ7d
+3.9
Δ21d
-17.3
Why this grade
Composite grade B. Momentum 20.4 / Value 65.0 / Sentiment 56.7
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-16. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$8.00
Analysis reference price unavailable
Analysis 2026-10-16 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$5.80
Analysis reference price unavailable
Analysis 2026-10-16 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$1.67B
Beta
1.10
Shares Out
231.32M
P/E (TTM) · Derived
-7.3
P/S (TTM)
3.34
P/FCF (TTM) · Derived
-80.81
Rev YoY
-10.0%
EPS YoY
-87.2%
Gross Margin
+51.3%
Op Margin
+34.9%
Net Debt
$2.38B
Current Ratio
5.06
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data