Research Analysts Offer Predictions for GIC Q1 Earnings

Global Industrial Company (NYSE:GICFree Report) – Stock analysts at William Blair boosted their Q1 2026 earnings estimates for Global Industrial in a research report issued to clients and investors on Tuesday, October 28th. William Blair analyst R. Merkel now forecasts that the company will post earnings of $0.40 per share for the quarter, up from their previous estimate of $0.38. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share.

Global Industrial (NYSE:GICGet Free Report) last posted its earnings results on Tuesday, October 28th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.10). The company had revenue of $353.60 million for the quarter, compared to the consensus estimate of $357.00 million. Global Industrial had a net margin of 5.11% and a return on equity of 22.85%.

A number of other equities analysts have also recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Global Industrial in a report on Wednesday, October 8th. Wall Street Zen raised Global Industrial from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Finally, Zacks Research downgraded Global Industrial from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Analysis on GIC

Global Industrial Stock Performance

GIC stock opened at $28.27 on Thursday. Global Industrial has a fifty-two week low of $20.79 and a fifty-two week high of $38.79. The business’s 50-day moving average is $35.86 and its two-hundred day moving average is $30.55. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 16.15, a P/E/G ratio of 0.92 and a beta of 0.87.

Institutional Trading of Global Industrial

A number of large investors have recently added to or reduced their stakes in GIC. CWM LLC increased its position in Global Industrial by 187.7% in the first quarter. CWM LLC now owns 1,614 shares of the company’s stock worth $36,000 after purchasing an additional 1,053 shares during the last quarter. US Bancorp DE increased its position in Global Industrial by 954.3% in the first quarter. US Bancorp DE now owns 3,068 shares of the company’s stock worth $69,000 after purchasing an additional 2,777 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Global Industrial in the 3rd quarter worth about $79,000. Quantbot Technologies LP increased its holdings in shares of Global Industrial by 25.8% in the 1st quarter. Quantbot Technologies LP now owns 4,548 shares of the company’s stock worth $102,000 after buying an additional 934 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of Global Industrial in the 2nd quarter worth about $117,000. Institutional investors own 31.19% of the company’s stock.

Global Industrial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 10th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a yield of 3.7%. Global Industrial’s payout ratio is presently 60.82%.

Global Industrial Company Profile

(Get Free Report)

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.

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Earnings History and Estimates for Global Industrial (NYSE:GIC)

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