Q2 EPS Estimates for Global Industrial Raised by Sidoti Csr

Global Industrial (NYSE:GIC - Free Report) - Equities researchers at Sidoti Csr raised their Q2 2025 EPS estimates for shares of Global Industrial in a research report issued to clients and investors on Wednesday, April 30th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.46 per share for the quarter, up from their previous estimate of $0.41. The consensus estimate for Global Industrial's current full-year earnings is $1.59 per share. Sidoti Csr also issued estimates for Global Industrial's FY2025 earnings at $1.61 EPS, Q2 2026 earnings at $0.60 EPS and Q3 2026 earnings at $0.66 EPS.

Global Industrial (NYSE:GIC - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.15. The business had revenue of $321.00 million during the quarter, compared to the consensus estimate of $307.15 million. Global Industrial had a net margin of 4.92% and a return on equity of 24.53%.

Global Industrial Stock Up 1.6 %

Shares of Global Industrial stock traded up $0.40 during trading on Friday, reaching $25.78. The company's stock had a trading volume of 16,622 shares, compared to its average volume of 92,152. The company has a market cap of $988.95 million, a price-to-earnings ratio of 15.16, a P/E/G ratio of 0.93 and a beta of 0.82. The company has a 50-day simple moving average of $22.75 and a two-hundred day simple moving average of $25.14. Global Industrial has a 1-year low of $20.79 and a 1-year high of $36.17.

Institutional Trading of Global Industrial

Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in shares of Global Industrial by 340.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,560 shares of the company's stock valued at $39,000 after buying an additional 1,206 shares during the period. CWM LLC lifted its position in shares of Global Industrial by 187.7% in the first quarter. CWM LLC now owns 1,614 shares of the company's stock valued at $36,000 after acquiring an additional 1,053 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in Global Industrial during the 4th quarter worth $50,000. GAMMA Investing LLC grew its stake in Global Industrial by 1,600.0% during the 1st quarter. GAMMA Investing LLC now owns 2,397 shares of the company's stock valued at $54,000 after acquiring an additional 2,256 shares in the last quarter. Finally, Quantbot Technologies LP lifted its position in Global Industrial by 150.3% during the fourth quarter. Quantbot Technologies LP now owns 3,614 shares of the company's stock worth $90,000 after buying an additional 2,170 shares in the last quarter. Hedge funds and other institutional investors own 31.19% of the company's stock.

Global Industrial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Monday, May 12th will be paid a dividend of $0.26 per share. The ex-dividend date is Monday, May 12th. This represents a $1.04 annualized dividend and a dividend yield of 4.03%. Global Industrial's payout ratio is currently 65.82%.

About Global Industrial

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.