NASDAQ:GBLI

Global Indemnity Group (GBLI) Stock Forecast, Price & News

$34.80

+0.49 (+1.43%)

(As of 09/27/2023 ET)

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Today's Range: $34.75
▼
$34.80
50-Day Range: $31.25
▼
$36.57
52-Week Range: $20.52
▼
$37.00

Volume: 652 shs
Average Volume: 9,590 shs
Market Capitalization: $470.50 million

P/E Ratio: 13.44
Dividend Yield: 2.87%
Price Target: N/A

About Global Indemnity Group (NASDAQ:GBLI) Stock

Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Commercial Specialty and Reinsurance Operations. The Commercial Specialty segment distributes property and casualty insurance products; and general liability products for small commercial businesses through a network of wholesale general agents. The Reinsurance Operations segment provides third-party treaty reinsurance for casualty insurance and reinsurance companies, as well as professional liability products to companies through brokers. The company was founded in 2003 and is based in Wilmington, Delaware.

GBLI Price History

30 days | 90 days | 365 days | Advanced Chart

GBLI Stock News Headlines

August 30, 2023 | marketbeat.com

5 Undervalued Stocks To Secure Your High Yield Portfolio (GBLI)

Insurance stocks face their share of headwinds but can sustain dividend payments and growth this year and into the future.

September 26, 2023 | americanbankingnews.com

Global Indemnity Group (NASDAQ:GBLI) Stock Price Passes Above 200 Day Moving Average of $31.28

September 27, 2023 | Chaikin Analytics (Ad)

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September 19, 2023 | americanbankingnews.com

Financial Contrast: Skyward Specialty Insurance Group (NASDAQ:SKWD) & Global Indemnity Group (NASDAQ:GBLI)

August 17, 2023 | finance.yahoo.com

While hedge funds own 25% of Global Indemnity Group, LLC (NYSE:GBLI), private equity firms are its largest shareholders with 43% ownership

August 9, 2023 | finance.yahoo.com

GBLI: Global Indemnity reports 2nd quarter 2023 earnings which showed significant underwriting improvement.

August 8, 2023 | finance.yahoo.com

Global Indemnity Group, LLC Reports Second Quarter 2023 Results

July 16, 2023 | finance.yahoo.com

Those who invested in Global Indemnity Group (NYSE:GBLI) three years ago are up 54%

September 27, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

July 12, 2023 | finance.yahoo.com

Global Indemnity Group Second Quarter 2023 Earnings Release & Conference Call

July 12, 2023 | finance.yahoo.com

Will Shareholders Benefit From Global Indemnity Group, LLC (GBLI)?

June 23, 2023 | sg.finance.yahoo.com

GBLI - Global Indemnity Group, LLC

June 17, 2023 | finance.yahoo.com

Why You Might Be Interested In Global Indemnity Group, LLC (NYSE:GBLI) For Its Upcoming Dividend

June 11, 2023 | fool.com

Global Indemnity Group, Llc (NYSE: GBLI)

June 9, 2023 | msn.com

Global Indemnity says multiple parties interested in potential deal

June 9, 2023 | finance.yahoo.com

Global Indemnity Announces that Multiple Parties Have Expressed Preliminary Interest in Acquiring or Merging with Penn-America or Global Indemnity

June 5, 2023 | finance.yahoo.com

Global Indemnity Group's (NYSE:GBLI) Dividend Will Be $0.25

June 4, 2023 | msn.com

Global Indemnity Group LLC - (GBLI) Declares $0.25 Dividend

May 15, 2023 | finance.yahoo.com

GBLI: Global Indemnity reports 1st quarter results and remains on the path to profitable growth this year.

May 14, 2023 | uk.finance.yahoo.com

Insider Stock Buying Reaches US$4.6m On Global Indemnity Group

May 13, 2023 | finance.yahoo.com

Insider Stock Buying Reaches US$4.6m On Global Indemnity Group \

May 12, 2023 | marketwatch.com

8-K: Global Indemnity Group, LLC

May 10, 2023 | msn.com

Global Indemnity Group: Q1 Earnings Insights

May 10, 2023 | msn.com

Global Indemnity Non-GAAP EPS of $0.24, revenue of $140.41M

May 10, 2023 | finance.yahoo.com

Global Indemnity Group, LLC Reports First Quarter 2023 Results

March 24, 2023 | msn.com

GBLI: UPDATE: The company reported 4th quarter and fiscal 2022 earnings which showed ongoing strength in its Continuing Lines businesses. An update was provided on recent ...

March 22, 2023 | finance.yahoo.com

GBLI: UPDATE: The company reported 4th quarter and fiscal 2022 earnings which showed ongoing strength in its Continuing Lines businesses. An update was provided on recent discontinued lines of business.

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GBLI Company Calendar

Ex-Dividend for 6/30 Dividend: 6/22/2023
Dividend Payable: 6/30/2023
Last Earnings: 8/08/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Fire, marine, & casualty insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NASDAQ:GBLI
CUSIP: G3931910
CIK: 1494904
Web: www.globalindemnity.ky
Phone: (610) 664-1500
Fax: N/A
Employees: 355
Year Founded: 2016

Profitability

EPS (Most Recent Fiscal Year): $2.59
Trailing P/E Ratio: 13.25
Forward P/E Ratio: 14.66
P/E Growth: N/A
Net Income: $-850,000.00
Net Margins: 5.90%
Pretax Margin: 7.42%
Return on Equity: 3.59%
Return on Assets: 1.25%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.25
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: $628.53 million
Price / Sales: 0.74
Cash Flow: $2.10 per share
Price / Cash Flow: 16.32
Book Value: $44.87 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 13,520,000
Free Float: 6,613,000
Market Cap: $463.82 million
Optionable: Not Optionable
Beta: 0.43

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Key Executives

Mr. Saul A. Fox J.D. (Age 69)
Exec. Chairman

Mr. Joseph Warner Brown Jr. (Age 74)
CEO & Director
Comp: $196.9k

Mr. Thomas Michael McGeehan (Age 66)
Exec. VP of Fin. & CFO
Comp: $724.65k

Mr. Jonathan Edward Oltman (Age 48)
Pres of Insurance Operations
Comp: $690.04k

Mr. David C. Elliott (Age 55)
Sr. VP of Claims
Comp: $428.19k

Mr. Thomas P. Gibbons (Age 58)
Exec. VP & Chief Actuary
Comp: $492.97k

Stephen Warren Ries
Head of Investor Relations, Sr. Corp. Counsel & Sec.

Mr. Michael Patrick Loftus
Sr. VP & Gen. Auditor

Mr. Stanley K. Lam (Age 56)
Sr. VP of the Penn-America Group

Bevan Olson Greibesland
Exec. VP of GBLI Programs & Cannabis

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GBLI Stock - Frequently Asked Questions

How have GBLI shares performed in 2023?: Global Indemnity Group's stock was trading at $23.31 at the beginning of the year. Since then, GBLI stock has increased by 47.2% and is now trading at $34.3060.
View the best growth stocks for 2023 here.
When is Global Indemnity Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our GBLI earnings forecast.
How were Global Indemnity Group's earnings last quarter?: Global Indemnity Group, LLC (NASDAQ:GBLI) announced its quarterly earnings data on Tuesday, August, 8th. The insurance provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by $0.08. The insurance provider earned $141.89 million during the quarter, compared to analyst estimates of $146 million. Global Indemnity Group had a trailing twelve-month return on equity of 3.59% and a net margin of 5.90%.
How often does Global Indemnity Group pay dividends? What is the dividend yield for Global Indemnity Group?: Global Indemnity Group declared a quarterly dividend on Thursday, June 1st. Shareholders of record on Friday, June 23rd will be paid a dividend of $0.25 per share on Friday, June 30th. This represents a $1.00 annualized dividend and a yield of 2.91%. The ex-dividend date is Thursday, June 22nd.
Read our dividend analysis for GBLI.
Is Global Indemnity Group a good dividend stock?: Global Indemnity Group (NASDAQ:GBLI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.91%. The dividend payout ratio is 38.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GBLI will have a dividend payout ratio of 31.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GBLI.
What other stocks do shareholders of Global Indemnity Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Global Indemnity Group investors own include NVIDIA (NVDA), Main Street Capital (MAIN), Boeing (BA), General Motors (GM), Overstock.com (OSTK), QUALCOMM (QCOM), Twilio (TWLO), CalAmp (CAMP), Chegg (CHGG) and DocuSign (DOCU).

What is Global Indemnity Group's stock symbol?: Global Indemnity Group trades on the NASDAQ under the ticker symbol "GBLI."
Who are Global Indemnity Group's major shareholders?: Global Indemnity Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include RBF Capital LLC (1.42%), Cove Street Capital LLC (0.75%), Renaissance Technologies LLC (0.08%) and State of Wyoming (0.01%). Insiders that own company stock include Bruce R Lederman, David S Charlton, Gary Charles Tolman, Joseph W Brown, Reiner Ralf Mauer and Seth Gersch.
View institutional ownership trends.
How do I buy shares of Global Indemnity Group?: Shares of GBLI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Global Indemnity Group's stock price today?: One share of GBLI stock can currently be purchased for approximately $34.31.
How much money does Global Indemnity Group make?: Global Indemnity Group (NASDAQ:GBLI) has a market capitalization of $463.82 million and generates $628.53 million in revenue each year. The insurance provider earns $-850,000.00 in net income (profit) each year or $2.59 on an earnings per share basis.
How many employees does Global Indemnity Group have?: The company employs 355 workers across the globe.
How can I contact Global Indemnity Group?: Global Indemnity Group's mailing address is 27 HOSPITAL ROAD, GEORGE TOWN E9, 19004. The official website for the company is www.globalindemnity.ky. The insurance provider can be reached via phone at (610) 664-1500 or via email at ir@gbli.com.

This page (NASDAQ:GBLI) was last updated on 9/27/2023 by MarketBeat.com Staff

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