Zacks Research Has Pessimistic View of GBLI FY2026 Earnings

Key Points

• Zacks Research lowered its FY2026 EPS forecast for Global Indemnity Group to $2.37 from $2.38, below the $2.68 consensus estimate, and projected FY2027 EPS of $2.96.
• Global Indemnity reported quarterly EPS of $0.59, missing analysts’ $0.63 consensus, despite generating $116.1 million in revenue. Weiss Ratings also downgraded its outlook from “hold (c)” to “hold (c-).”
• GBLI shares opened at $28.47, while the company maintained a quarterly dividend of $0.35, equivalent to a 4.9% annualized yield; institutional investors own 37.4% of its stock.

Global Indemnity Group, LLC (NASDAQ:GBLI - Free Report) - Research analysts at Zacks Research lowered their FY2026 EPS estimates for shares of Global Indemnity Group in a report released on Thursday, August 6th. Zacks Research analyst T. Kerr now expects that the insurance provider will post earnings of $2.37 per share for the year, down from their prior forecast of $2.38. The consensus estimate for Global Indemnity Group's current full-year earnings is $2.68 per share. Zacks Research also issued estimates for Global Indemnity Group's FY2027 earnings at $2.96 EPS.

Global Indemnity Group (NASDAQ:GBLI - Get Free Report) last announced its earnings results on Wednesday, August 5th. The insurance provider reported $0.59 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.04). Global Indemnity Group had a net margin of 7.50% and a return on equity of 5.57%. The firm had revenue of $116.10 million during the quarter.

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

Global Indemnity Group Stock Up 1.8%

Shares of NASDAQ GBLI opened at $28.47 on Monday. The company has a market capitalization of $415.99 million, a PE ratio of 12.12 and a beta of 0.41. The stock's 50 day moving average price is $26.38 and its 200-day moving average price is $27.44. Global Indemnity Group has a twelve month low of $24.28 and a twelve month high of $30.52.

Global Indemnity Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Thursday, June 18th. Global Indemnity Group's payout ratio is currently 59.57%.

Institutional Investors Weigh In On Global Indemnity Group

Institutional investors have recently made changes to their positions in the stock. Boston Partners boosted its holdings in shares of Global Indemnity Group by 9.6% in the fourth quarter. Boston Partners now owns 150,351 shares of the insurance provider's stock worth $4,270,000 after acquiring an additional 13,181 shares during the period. Ameriprise Financial Inc. lifted its holdings in Global Indemnity Group by 0.4% during 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 in the last quarter. Cannell Capital LLC lifted its holdings in Global Indemnity Group by 1.4% during the 2nd quarter. Cannell Capital LLC now owns 282,313 shares of the insurance provider's stock worth $8,853,000 after purchasing an additional 3,841 shares in the last quarter. Franklin Street Advisors Inc. NC bought a new position in Global Indemnity Group in the 2nd quarter worth about $368,000. Finally, State of Wyoming boosted its stake in Global Indemnity Group by 23.8% in the 4th quarter. State of Wyoming now owns 4,898 shares of the insurance provider's stock worth $139,000 after purchasing an additional 942 shares during the period. Hedge funds and other institutional investors own 37.40% of the company's stock.

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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