Global Indemnity Group, LLC (NASDAQ:GBLI – Free Report) – Equities research analysts at Zacks Small Cap issued their Q1 2025 earnings per share (EPS) estimates for Global Indemnity Group in a research note issued to investors on Monday, March 17th. Zacks Small Cap analyst T. Kerr anticipates that the insurance provider will post earnings of $0.37 per share 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 began coverage on Global Indemnity Group in a research report on Saturday, March 15th. They set a “buy” rating for the company.
Global Indemnity Group Stock Down 1.4 %
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 firm has a market cap of $492.43 million, a P/E ratio of 12.36 and a beta of 0.46. The business’s 50-day moving average price is $35.24 and its 200 day moving average price is $34.70.
Institutional Investors Weigh In On Global Indemnity Group
Several institutional investors have recently made changes to their positions in GBLI. State of Wyoming lifted its holdings in shares of Global Indemnity Group by 56.3% during the 4th quarter. State of Wyoming now owns 1,901 shares of the insurance provider’s stock valued at $68,000 after buying an additional 685 shares during the last quarter. Huber Capital Management LLC acquired a new stake in shares of Global Indemnity Group during the 4th quarter valued at about $232,000. Boston Partners lifted its holdings in shares of Global Indemnity Group by 34.9% during the 4th quarter. Boston Partners now owns 103,947 shares of the insurance provider’s stock valued at $3,742,000 after buying an additional 26,893 shares during the last quarter. Finally, Cannell Capital LLC lifted its holdings in shares of Global Indemnity Group by 23.1% during the 4th quarter. Cannell Capital LLC now owns 245,934 shares of the insurance provider’s stock valued at $8,854,000 after buying an additional 46,167 shares during the last quarter. 37.40% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, CEO Praveen Kotha Reddy purchased 1,500 shares of Global Indemnity Group stock in a transaction dated Friday, March 14th. The stock was acquired at an average cost of $35.96 per share, for a total transaction of $53,940.00. Following the acquisition, the chief executive officer now directly owns 1,500 shares in the company, valued at $53,940. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 52.80% of the stock is owned by corporate insiders.
Global Indemnity Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 21st will be given a dividend of $0.35 per share. The ex-dividend date is Friday, March 21st. This represents a $1.40 dividend on an annualized basis and a yield of 3.89%. Global Indemnity Group’s payout ratio is presently 44.87%.
About Global Indemnity Group
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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