NASDAQ:GBLIGlobal Indemnity Stock Price, Forecast & News

$25.00

+0.46 (+1.87 %)

(As of 06/5/2020 02:48 PM ET)

Add

Compare

Today's Range

$24.72

Now: $25.00▼

$25.51

50-Day Range

$22.50

MA: $23.88▼

$25.36

52-Week Range

$22.17

Now: $25.00▼

$34.65

Volume4,566 shs

Average Volume37,380 shs

Market Capitalization$357.50 million

P/E Ratio65.79

Dividend Yield4.15%

Beta0.51

Global Indemnity Limited, through its subsidiaries, provides insurance and reinsurance products and services in the United States and internationally. The company operates through three segments: Commercial Lines, Personal Lines, and Reinsurance Operations. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products, as well as products for vacant, and under construction and renovation dwellings. This segment primarily serves small commercial businesses through a network of wholesale general agents, program administrators, brokers, aggregators, and retail agents. The Personal Lines segment offers specialty personal lines and agricultural coverage, including agriculture, mobile homes, manufactured homes, homeowners, collectibles, and watersports primarily through retail agents, wholesale general agents, and brokers. The Reinsurance Operations segment provides third party treaty reinsurance solutions to specialty property and casualty insurance, and reinsurance companies; and professional liability products to companies through brokers, as well as on a direct basis. The company was incorporated in 2016 and is based in George Town, the Cayman Islands.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Global Indemnity.

2.0 Community Rank

Outperform Votes
Global Indemnity has received 135 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Global Indemnity has received 199 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Global Indemnity has received 59.58% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Global Indemnity and other stocks. Vote “Outperform” if you believe GBLI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GBLI will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Global Indemnity is a leading dividend payer. It pays a dividend yield of 4.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Global Indemnity does not have a long track record of dividend growth.

5.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Global Indemnity insiders have bought more of their company's stock than they have sold. Specifically, they have bought $102,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
43.70% of the stock of Global Indemnity is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
55.59% of the stock of Global Indemnity is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Global Indemnity is 65.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Global Indemnity is 65.79, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.55.
Price to Book Value per Share Ratio
Global Indemnity has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.86 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Fire, marine, & casualty insurance

Sub-IndustryProperty & Casualty Insurance

SectorFinance

Current SymbolNASDAQ:GBLI

Previous Symbol

CUSIPG3931910

CIK1494904

Webwww.globalindemnity.ky

Phone34-59-490-10

Debt

Debt-to-Equity Ratio0.44

Current Ratio0.27

Quick Ratio0.27

Price-To-Earnings

Trailing P/E Ratio65.79

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$604.47 million

Price / Sales0.59

Cash Flow$0.17 per share

Price / Cash Flow145.60

Book Value$50.83 per share

Price / Book0.49

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$70.01 million

Net Margins1.06%

Return on Equity-2.38%

Return on Assets-0.81%

Miscellaneous

Employees410

Outstanding Shares14,300,000

Market Cap$357.50 million

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

Receive GBLI News and Ratings via Email

Sign-up to receive the latest news and ratings for GBLI and its competitors with MarketBeat's FREE daily newsletter.

Global Indemnity (NASDAQ:GBLI) Frequently Asked Questions

How has Global Indemnity's stock been impacted by COVID-19 (Coronavirus)?

Global Indemnity's stock was trading at $30.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GBLI shares have decreased by 18.4% and is now trading at $25.00. View which stocks have been most impacted by Coronavirus.

When is Global Indemnity's next earnings date?

Global Indemnity is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Global Indemnity.

How were Global Indemnity's earnings last quarter?

Global Indemnity Ltd (NASDAQ:GBLI) posted its quarterly earnings data on Friday, May, 3rd. The insurance provider reported $1.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $1.02. The insurance provider had revenue of $140.19 million for the quarter. Global Indemnity had a negative return on equity of 2.38% and a net margin of 1.06%. View Global Indemnity's earnings history.

How often does Global Indemnity pay dividends? What is the dividend yield for Global Indemnity?

Global Indemnity announced a quarterly dividend on Tuesday, February 11th. Shareholders of record on Tuesday, March 24th will be paid a dividend of $0.25 per share on Tuesday, March 31st. This represents a $1.00 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Monday, March 23rd. View Global Indemnity's dividend history.

Has Global Indemnity been receiving favorable news coverage?

News headlines about GBLI stock have been trending extremely positive on Friday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Indemnity earned a media sentiment score of 4.3 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutGlobal Indemnity.

Are investors shorting Global Indemnity?

Global Indemnity saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 18,000 shares, a decrease of 16.7% from the April 30th total of 21,600 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company's stock are short sold. View Global Indemnity's Current Options Chain.

Who are some of Global Indemnity's key competitors?

Some companies that are related to Global Indemnity include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cincinnati Financial (CINF), Fidelity National Financial (FNF), Cna Financial (CNA), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). View all competitors.

What other stocks do shareholders of Global Indemnity own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Indemnity investors own include CVS Health (CVS), Maiden (MHLD), Teekay Lng Partners (TGP), AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), Broadcom (AVGO), BCE (BCE) and Franklin Resources (BEN).

Who are Global Indemnity's key executives?

Global Indemnity's management team includes the following people:

Mr. Saul A. Fox J.D., Exec. Chairman & CEO of Fox Paine (Age 65)
Ms. Cynthia Yvonne Valko, CEO & Director (Age 64)
Mr. Thomas Michael McGeehan, Exec. VP of Fin. & CFO (Age 62)
Mr. William John Devlin Jr., Exec. VP of Personal Lines & Agriculture (Age 63)
Mr. Stephen Green, CEO & Pres of Global Indemnity Reinsurance Co. Ltd (Age 56)

What is Global Indemnity's stock symbol?

Global Indemnity trades on the NASDAQ under the ticker symbol "GBLI."

Who are Global Indemnity's major shareholders?

Global Indemnity's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Richmond Hill Investments LLC (16.76%), BlackRock Inc. (4.52%), State Street Corp (1.23%), Geode Capital Management LLC (0.67%), Bank of New York Mellon Corp (0.23%) and Nuveen Asset Management LLC (0.22%). Company insiders that own Global Indemnity stock include James D Wehr, Richmond Hill Investment Co, and Stephen Green. View institutional ownership trends for Global Indemnity.

Which institutional investors are selling Global Indemnity stock?

GBLI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, UBS Group AG, Russell Investments Group Ltd., New York State Common Retirement Fund, Nuveen Asset Management LLC, and State Street Corp. View insider buying and selling activity for Global Indemnity.

Which institutional investors are buying Global Indemnity stock?

GBLI stock was purchased by a variety of institutional investors in the last quarter, including Richmond Hill Investments LLC, Marquette Asset Management LLC, Rhumbline Advisers, Geode Capital Management LLC, Bank of New York Mellon Corp, BlackRock Inc., Citigroup Inc., and BNP Paribas Arbitrage SA. Company insiders that have bought Global Indemnity stock in the last two years include James D Wehr, and Stephen Green. View insider buying and selling activity for Global Indemnity.

How do I buy shares of Global Indemnity?

Shares of GBLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Global Indemnity's stock price today?

One share of GBLI stock can currently be purchased for approximately $25.00.

How big of a company is Global Indemnity?

Global Indemnity has a market capitalization of $357.50 million and generates $604.47 million in revenue each year. Global Indemnity employs 410 workers across the globe.

What is Global Indemnity's official website?

The official website for Global Indemnity is www.globalindemnity.ky.

How can I contact Global Indemnity?

Global Indemnity's mailing address is 27 HOSPITAL ROAD, GEORGE TOWN E9, 19004. The insurance provider can be reached via phone at 34-59-490-10.

This page was last updated on 6/5/2020 by MarketBeat.com Staff