Equities Analysts Set Expectations for GIC Q3 Earnings

Global Industrial (NYSE:GIC - Free Report) - Equities researchers at Sidoti Csr decreased their Q3 2025 earnings per share estimates for Global Industrial in a report released on Wednesday, April 30th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.44 per share for the quarter, down from their prior forecast of $0.48. 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 Q1 2026 earnings at $0.38 EPS.

Global Industrial Price Performance

Shares of NYSE GIC traded down $0.37 during mid-day trading on Thursday, hitting $25.54. The company had a trading volume of 70,640 shares, compared to its average volume of 92,380. Global Industrial has a 12 month low of $20.79 and a 12 month high of $36.17. The firm has a market cap of $979.74 million, a P/E ratio of 15.02, a PEG ratio of 0.93 and a beta of 0.82. The business's 50-day simple moving average is $22.68 and its 200-day simple moving average is $25.21.

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

Institutional Trading of Global Industrial

Several institutional investors have recently bought and sold shares of GIC. J. Goldman & Co LP boosted its holdings in shares of Global Industrial by 559.7% in the 4th quarter. J. Goldman & Co LP now owns 494,650 shares of the company's stock worth $12,262,000 after acquiring an additional 419,672 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Global Industrial by 65.6% in the 4th quarter. Bank of New York Mellon Corp now owns 319,282 shares of the company's stock valued at $7,915,000 after purchasing an additional 126,431 shares during the period. Geode Capital Management LLC grew its position in shares of Global Industrial by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 319,056 shares of the company's stock worth $7,912,000 after buying an additional 2,973 shares during the period. Denali Advisors LLC increased its position in shares of Global Industrial by 54.5% in the 1st quarter. Denali Advisors LLC now owns 165,779 shares of the company's stock valued at $3,713,000 after buying an additional 58,479 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Global Industrial during the 4th quarter valued at about $4,001,000. Institutional investors and hedge funds own 31.19% of the company's stock.

Global Industrial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Monday, May 12th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.04 dividend on an annualized basis and a yield of 4.07%. Global Industrial's dividend payout ratio is currently 65.82%.

Global Industrial Company Profile

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.