Sidoti Forecasts Increased Earnings for Global Industrial

Global Industrial Company (NYSE:GIC) – Equities researchers at Sidoti lifted their Q1 2026 earnings per share estimates for shares of Global Industrial in a report released on Wednesday, February 25th. Sidoti analyst A. Lebiedzinski now forecasts that the company will post earnings of $0.40 per share for the quarter, up from their previous forecast of $0.38. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share. Sidoti also issued estimates for Global Industrial’s Q4 2026 earnings at $0.43 EPS, FY2026 earnings at $2.05 EPS, Q1 2027 earnings at $0.47 EPS, Q2 2027 earnings at $0.68 EPS, Q3 2027 earnings at $0.66 EPS, Q4 2027 earnings at $0.51 EPS and FY2027 earnings at $2.33 EPS.

Global Industrial (NYSE:GIC) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. The company had revenue of $345.60 million for the quarter, compared to the consensus estimate of $324.86 million. Global Industrial had a net margin of 5.23% and a return on equity of 23.76%.

A number of other equities analysts have also weighed in on the stock. Wall Street Zen upgraded shares of Global Industrial from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Zacks Research raised Global Industrial from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Global Industrial in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Global Industrial Stock Performance

Shares of NYSE GIC opened at $33.27 on Thursday. The firm’s 50 day moving average price is $31.09 and its 200-day moving average price is $32.30. Global Industrial has a 52-week low of $20.79 and a 52-week high of $38.79. The company has a market cap of $1.28 billion, a PE ratio of 17.89, a P/E/G ratio of 1.04 and a beta of 0.90.

Global Industrial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.28 per share. This is a positive change from Global Industrial’s previous quarterly dividend of $0.26. The ex-dividend date is Monday, March 9th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.4%. Global Industrial’s dividend payout ratio is presently 59.43%.

Institutional Investors Weigh In On Global Industrial

A number of institutional investors and hedge funds have recently bought and sold shares of the business. New York State Teachers Retirement System purchased a new position in Global Industrial in the 4th quarter worth approximately $38,000. Advisors Asset Management Inc. lifted its stake in Global Industrial by 234.9% in the 4th quarter. Advisors Asset Management Inc. now owns 2,502 shares of the company’s stock worth $73,000 after purchasing an additional 1,755 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in Global Industrial in the 3rd quarter worth $79,000. State of Wyoming bought a new position in shares of Global Industrial during the 2nd quarter valued at about $117,000. Finally, CWM LLC grew its position in shares of Global Industrial by 185.2% during the second quarter. CWM LLC now owns 4,603 shares of the company’s stock valued at $124,000 after purchasing an additional 2,989 shares in the last quarter. 31.19% of the stock is owned by institutional investors.

More Global Industrial News

Here are the key news stories impacting Global Industrial this week:

• Positive Sentiment: Sidoti raised multiple quarterly and full‑year EPS forecasts for GIC (Q1–Q4 2026/2027 and FY2026/FY2027), with FY2027 raised to $2.33 from $2.22 — signaling analyst confidence in sustained margin/revenue strength. This should support upside to estimates and valuation. Sidoti estimate lifts
• Positive Sentiment: GIC reported Q4 results that beat expectations (EPS $0.38 vs. consensus $0.35) and showed revenue above estimates, confirming near‑term operational momentum and providing a catalyst for multiple expansions. Zacks Q4 beat
• Positive Sentiment: GIC raised its quarterly dividend to $0.28 (annualized yield ~3.4%), a ~7.7% increase versus the prior dividend — supporting income investor interest and signaling confidence in cash flow. (Record/ex‑dividend dates announced.)
• Neutral Sentiment: Management outlined a strategic realignment focused on customer‑centric growth for 2026. The plan could drive higher revenue per customer over time, but execution risk and timeline make this a medium‑term positive. Seeking Alpha strategic realignment
• Neutral Sentiment: Q4 earnings call transcript and highlights provide management color on margin drivers, channel performance and inventory trends — useful for investors modeling next quarters but not a near‑term surprise beyond the published beat. Earnings transcript Yahoo highlights

About Global Industrial

Global Industrial Company (NYSE: GIC) is a leading business-to-business distributor of industrial products and equipment. Headquartered in Port Washington, New York, the company provides a comprehensive range of products to support manufacturing, warehousing, and facility maintenance operations across North America. Through a digital-first platform, Global Industrial combines e-commerce, direct sales and catalog-based ordering channels to serve a diverse commercial customer base.

The company’s product portfolio encompasses material handling solutions (including conveyors, pallet racks and hoists), storage and shelving systems, janitorial and sanitation supplies, packaging and shipping materials, and office furniture.