
Global Indemnity Group, LLC (NASDAQ:GBLI – Free Report) – Zacks Research reduced their Q2 2026 EPS estimates for Global Indemnity Group in a note issued to investors on Thursday, March 19th. Zacks Research analyst T. Kerr now anticipates that the insurance provider will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.89. The consensus estimate for Global Indemnity Group’s current full-year earnings is $3.25 per share. Zacks Research also issued estimates for Global Indemnity Group’s Q3 2026 earnings at $0.74 EPS and FY2027 earnings at $3.30 EPS.
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Global Indemnity Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Global Indemnity Group presently has an average rating of “Hold”.
Global Indemnity Group Price Performance
Shares of NASDAQ:GBLI opened at $28.84 on Friday. The business’s 50-day moving average is $28.64 and its 200 day moving average is $28.68. Global Indemnity Group has a 1 year low of $25.88 and a 1 year high of $36.65. The firm has a market capitalization of $412.99 million, a P/E ratio of 16.87 and a beta of 0.41.
Global Indemnity Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 20th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, March 20th. Global Indemnity Group’s dividend payout ratio is presently 81.87%.
Hedge Funds Weigh In On Global Indemnity Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Clearstead Advisors LLC lifted its position in Global Indemnity Group by 190.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,454 shares of the insurance provider’s stock worth $41,000 after acquiring an additional 954 shares during the period. State of Wyoming raised its stake in shares of Global Indemnity Group by 23.8% in the fourth quarter. State of Wyoming now owns 4,898 shares of the insurance provider’s stock worth $139,000 after purchasing an additional 942 shares during the last quarter. Flagship Capital Management Inc. purchased a new position in shares of Global Indemnity Group in the fourth quarter worth about $241,000. Maryland Capital Advisors Inc. acquired a new stake in shares of Global Indemnity Group during the fourth quarter worth about $330,000. Finally, Cove Street Capital LLC lifted its holdings in shares of Global Indemnity Group by 5.6% during the third quarter. Cove Street Capital LLC now owns 18,746 shares of the insurance provider’s stock worth $545,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 37.40% of the company’s stock.
Global Indemnity Group Company Profile
Global Indemnity Group (NASDAQ: GBLI) is a specialty property and casualty insurance holding company headquartered in Princeton, New Jersey. Through its subsidiaries, the company focuses on underwriting commercial niche insurance products designed to meet the needs of small to mid-sized businesses and select specialty markets. Its approach centers on disciplined underwriting, customized policy structures and targeted distribution channels to address coverage gaps often underserved by standard carriers.
The company’s product portfolio encompasses surety and fidelity bonds, workers’ compensation, general liability, commercial auto, professional liability and environmental liability.
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