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 shares have increased by 47.8% and is now trading at $34.45. 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 Thursday, March 14th 2024. View our GBLI earnings forecast .

How were Global Indemnity Group's earnings last quarter?

Global Indemnity Group, LLC (NASDAQ:GBLI) posted its earnings results on Wednesday, November, 8th. The insurance provider reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.79 by $0.84. The insurance provider earned $126.06 million during the quarter, compared to the consensus estimate of $148 million. Global Indemnity Group had a net margin of 3.81% and a trailing twelve-month return on equity of 2.68%.

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 Friday, September 29th. Shareholders of record on Monday, October 9th will be paid a dividend of $0.25 per share on Monday, October 16th. This represents a $1.00 annualized dividend and a yield of 2.90%. The ex-dividend date is Thursday, October 5th. 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 2.97%. The dividend payout ratio is 64.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GBLI will have a dividend payout ratio of 33.56% 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) .

Who are Global Indemnity Group's major shareholders?

Global Indemnity Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (2.13%) and Ellsworth Advisors LLC (0.09%). 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 .

Global Indemnity Group Stock Price, News & Analysis (NASDAQ:GBLI)

$34.45

+0.80 (+2.38%)

(As of 12/4/2023 ET)

Compare

Today's Range: $34.45
▼
$34.45
50-Day Range: $32.31
▼
$36.76
52-Week Range: $22.93
▼
$37.00

Volume: 170 shs
Average Volume: 8,137 shs
Market Capitalization: $466.45 million

P/E Ratio: 22.37
Dividend Yield: 2.90%
Price Target: N/A

About Global Indemnity Group Stock (NASDAQ:GBLI)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GBLI Stock News Headlines

November 28, 2023 | americanbankingnews.com

Global Indemnity Group (NASDAQ:GBLI) Receives New Coverage from Analysts at StockNews.com

November 17, 2023 | finance.yahoo.com

GBLI: Global Indemnity Group reported 3rd quarter 2023 earnings which showed solid growth in the Package Specialty E&S lines of business.

December 5, 2023 | DTI Trader (Ad)

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November 12, 2023 | morningstar.com

Global Indemnity Group LLC GBLI

November 12, 2023 | finance.yahoo.com

Global Indemnity Group, LLC (NYSE:GBLI) Q3 2023 Earnings Call Transcript

November 10, 2023 | finance.yahoo.com

Insider Stock Buying Reaches US$3.62m On Global Indemnity Group

November 8, 2023 | finance.yahoo.com

Global Indemnity Group LLC Reports Mixed Q3 2023 Results with Net Income Rising Year-to-Date

November 8, 2023 | markets.businessinsider.com

Global Indemnity Group Q3 Earnings Fall

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 8, 2023 | finance.yahoo.com

Global Indemnity Group, LLC Reports Third Quarter 2023 Results

October 17, 2023 | finance.yahoo.com

Global Indemnity Group Third Quarter 2023 Earnings Release & Conference Call

October 5, 2023 | finance.yahoo.com

Unraveling the Dividend Story of Global Indemnity Group LLC (GBLI)

October 3, 2023 | benzinga.com

Thursday Is Your Last Chance To Buy Global Indemnity Group Before The Dividend Payout

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%

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.

See More Headlines

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Company Calendar

Ex-Dividend for 10/16 Dividend: 10/05/2023
Dividend Payable: 10/16/2023
Last Earnings: 11/08/2023
Today: 12/05/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

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): $1.54
Trailing P/E Ratio: 22.37
Forward P/E Ratio: 28.24
P/E Growth: N/A
Net Income: $-850,000.00
Net Margins: 3.81%
Pretax Margin: 4.53%
Return on Equity: 2.68%
Return on Assets: 0.94%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.24
Quick Ratio: 0.24

Sales & Book Value

Annual Sales: $628.53 million
Price / Sales: 0.74
Cash Flow: $2.15 per share
Price / Cash Flow: 16.00
Book Value: $44.87 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 13,540,000
Free Float: 6,623,000
Market Cap: $466.45 million
Optionable: Not Optionable
Beta: 0.38

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Key Executives

Mr. Saul A. Fox J.D. (Age 69)
Executive Chairman
Mr. Joseph Warner Brown Jr. (Age 74)
CEO & Director
Comp: $196.9k
Mr. Thomas Michael McGeehan (Age 66)
Executive VP of Finance & CFO
Comp: $724.65k
Mr. Jonathan Edward Oltman (Age 48)
President of Insurance Operations
Comp: $690.04k
Mr. David C. Elliott (Age 55)
Senior Vice President of Claims
Comp: $428.19k
Mr. Thomas P. Gibbons (Age 58)
Executive VP & Chief Actuary
Comp: $492.97k
Stephen Warren Ries
Head of Investor Relations, Senior Corporate Counsel & Secretary
Mr. Michael Patrick Loftus
Senior VP & General Auditor
Mr. Stanley K. Lam (Age 56)
Senior Vice President of the Penn-America Group
Comp: $326.42k
Bevan Olson Greibesland
Executive Vice President of GBLI Programs & Cannabis

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GBLI Stock Analysis - 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 shares have increased by 47.8% and is now trading at $34.45.
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 Thursday, March 14th 2024.
View our GBLI earnings forecast.
How were Global Indemnity Group's earnings last quarter?: Global Indemnity Group, LLC (NASDAQ:GBLI) posted its earnings results on Wednesday, November, 8th. The insurance provider reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.79 by $0.84. The insurance provider earned $126.06 million during the quarter, compared to the consensus estimate of $148 million. Global Indemnity Group had a net margin of 3.81% and a trailing twelve-month return on equity of 2.68%.
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 Friday, September 29th. Shareholders of record on Monday, October 9th will be paid a dividend of $0.25 per share on Monday, October 16th. This represents a $1.00 annualized dividend and a yield of 2.90%. The ex-dividend date is Thursday, October 5th.
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 2.97%. The dividend payout ratio is 64.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GBLI will have a dividend payout ratio of 33.56% 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).
Who are Global Indemnity Group's major shareholders?: Global Indemnity Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (2.13%) and Ellsworth Advisors LLC (0.09%). 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.

This page (NASDAQ:GBLI) was last updated on 12/5/2023 by MarketBeat.com Staff

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