Global Industrial (NYSE:GIC - Free Report) - Investment analysts at Sidoti Csr increased their Q2 2025 earnings estimates for shares of Global Industrial in a research note issued to investors on Wednesday, April 30th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.46 for the quarter, up from their previous forecast 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 Stock Up 0.3 %
NYSE GIC opened at $25.75 on Friday. The firm has a market cap of $987.76 million, a P/E ratio of 15.15, a price-to-earnings-growth ratio of 0.93 and a beta of 0.85. The company's 50 day moving average is $22.65 and its 200-day moving average is $25.39. Global Industrial has a 12-month low of $20.79 and a 12-month high of $36.17.
Global Industrial (NYSE:GIC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.15. The company had revenue of $321.00 million during the quarter, compared to the consensus estimate of $307.15 million. Global Industrial had a return on equity of 24.53% and a net margin of 4.92%.
Global Industrial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Monday, May 12th will be given 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 4.04%. Global Industrial's dividend payout ratio is currently 65.82%.
Hedge Funds Weigh In On Global Industrial
A number of large investors have recently made changes to their positions in the stock. Isthmus Partners LLC lifted its holdings in Global Industrial by 4.9% during the 1st quarter. Isthmus Partners LLC now owns 86,382 shares of the company's stock worth $1,935,000 after purchasing an additional 4,022 shares in the last quarter. CWM LLC lifted its holdings in shares of Global Industrial by 187.7% in the first quarter. CWM LLC now owns 1,614 shares of the company's stock worth $36,000 after buying an additional 1,053 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Global Industrial by 41.8% in the first quarter. New York State Common Retirement Fund now owns 53,572 shares of the company's stock worth $1,200,000 after buying an additional 15,800 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Global Industrial by 135.5% in the first quarter. SG Americas Securities LLC now owns 18,780 shares of the company's stock valued at $421,000 after acquiring an additional 10,806 shares during the period. Finally, GAMMA Investing LLC grew its stake in Global Industrial by 1,600.0% during the first 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. 31.19% of the stock is owned by institutional investors.
Global Industrial Company Profile
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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.
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