FY2028 Earnings Forecast for GBLI Issued By DOWLING & PARTN

Key Points

• DOWLING & PARTN forecast FY2028 EPS of $3.50 for Global Indemnity Group, above the current full-year consensus estimate of $2.68.
• Global Indemnity’s latest quarterly EPS was $0.59, missing the $0.63 analyst consensus, while revenue reached $116.1 million. Weiss Ratings also downgraded the stock to “hold (c-),” with the broader analyst consensus remaining “Hold.”
• The company pays a quarterly dividend of $0.35, equivalent to $1.40 annually and a 5.2% yield; institutional investors own 37.4% of its shares.

Global Indemnity Group, LLC (NASDAQ:GBLI - Free Report) - Research analysts at DOWLING & PARTN issued their FY2028 earnings per share (EPS) estimates for Global Indemnity Group in a note issued to investors on Friday, August 14th. DOWLING & PARTN analyst A. Mottolese anticipates that the insurance provider will post earnings of $3.50 per share for the year. The consensus estimate for Global Indemnity Group's current full-year earnings is $2.68 per share.

Separately, Weiss Ratings cut shares of Global Indemnity Group from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold".

Global Indemnity Group Stock Performance

Shares of NASDAQ:GBLI opened at $27.18 on Tuesday. The firm has a market cap of $397.07 million, a price-to-earnings ratio of 11.57 and a beta of 0.41. The business has a 50-day simple moving average of $26.51 and a two-hundred day simple moving average of $27.40. Global Indemnity Group has a fifty-two week low of $24.28 and a fifty-two week high of $30.52.

Global Indemnity Group (NASDAQ:GBLI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.63 by ($0.04). Global Indemnity Group had a net margin of 7.50% and a return on equity of 5.56%. The business had revenue of $116.10 million for the quarter.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Clearstead Advisors LLC boosted its position in Global Indemnity Group by 190.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,454 shares of the insurance provider's stock worth $41,000 after purchasing an additional 954 shares during the last quarter. State of Wyoming grew its stake in shares of Global Indemnity Group by 23.8% during the 4th quarter. State of Wyoming now owns 4,898 shares of the insurance provider's stock valued at $139,000 after purchasing an additional 942 shares during the period. Franklin Street Advisors Inc. NC purchased a new stake in shares of Global Indemnity Group during the 2nd quarter valued at about $368,000. Boston Partners increased its position in shares of Global Indemnity Group by 5.0% during the 3rd quarter. Boston Partners now owns 137,170 shares of the insurance provider's stock valued at $3,985,000 after purchasing an additional 6,552 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Global Indemnity Group by 0.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 299,626 shares of the insurance provider's stock worth $8,704,000 after purchasing an additional 1,191 shares during the period. Institutional investors own 37.40% of the company's stock.

Global Indemnity Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.40 annualized dividend and a dividend yield of 5.2%. Global Indemnity Group's payout ratio is presently 59.57%.

About Global Indemnity Group

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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