Global Indemnity Group, LLC (NASDAQ:GBLI – Free Report) – Equities researchers at Zacks Small Cap issued their Q1 2025 earnings estimates for Global Indemnity Group in a report released on Monday, March 17th. Zacks Small Cap analyst T. Kerr expects that the insurance provider will post earnings per share of $0.37 for the quarter. The consensus estimate for Global Indemnity Group’s current full-year earnings is $3.25 per share. Zacks Small Cap also issued estimates for Global Indemnity Group’s Q2 2025 earnings at $0.90 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $3.20 EPS and FY2026 earnings at $3.36 EPS.
Separately, StockNews.com started coverage on shares of Global Indemnity Group in a research report on Saturday, March 15th. They issued a “buy” rating for the company.
Global Indemnity Group Stock Down 1.4 %
Shares of NASDAQ:GBLI opened at $35.98 on Wednesday. Global Indemnity Group has a 52-week low of $28.62 and a 52-week high of $37.00. The company has a 50 day moving average of $35.24 and a two-hundred day moving average of $34.70. The company has a market capitalization of $492.43 million, a price-to-earnings ratio of 12.36 and a beta of 0.46.
Institutional Investors Weigh In On Global Indemnity Group
Several large investors have recently added to or reduced their stakes in GBLI. Cannell Capital LLC increased its position in Global Indemnity Group by 23.1% in the fourth quarter. Cannell Capital LLC now owns 245,934 shares of the insurance provider’s stock worth $8,854,000 after buying an additional 46,167 shares during the period. Boston Partners increased its position in Global Indemnity Group by 34.9% in the fourth quarter. Boston Partners now owns 103,947 shares of the insurance provider’s stock worth $3,742,000 after buying an additional 26,893 shares during the period. Huber Capital Management LLC acquired a new stake in Global Indemnity Group in the fourth quarter worth $232,000. Finally, State of Wyoming increased its position in Global Indemnity Group by 56.3% in the fourth quarter. State of Wyoming now owns 1,901 shares of the insurance provider’s stock worth $68,000 after buying an additional 685 shares during the period. 37.40% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, CEO Praveen Kotha Reddy acquired 1,500 shares of Global Indemnity Group stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of $35.96 per share, for a total transaction of $53,940.00. Following the completion of the purchase, the chief executive officer now directly owns 1,500 shares of the company’s stock, valued at $53,940. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 52.80% of the company’s stock.
Global Indemnity Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 21st will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Friday, March 21st. Global Indemnity Group’s dividend payout ratio (DPR) is currently 44.87%.
Global Indemnity Group Company Profile
Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Penn-America and Non-Core Operations. The company distributes property and general liability products for small commercial businesses through a network of wholesale general agents; and property and general liability niche products through program administrators with specific binding authority.
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