S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
NYSE:GIC

Global Industrial (GIC) Stock Price, News & Analysis

$41.81
-0.44 (-1.04%)
(As of 04/12/2024 ET)
Today's Range
$41.71
$42.25
50-Day Range
$41.85
$46.57
52-Week Range
$20.52
$46.97
Volume
44,247 shs
Average Volume
101,025 shs
Market Capitalization
$1.59 billion
P/E Ratio
22.60
Dividend Yield
2.39%
Price Target
N/A

Global Industrial MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
3.69% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of Global Industrial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$15.64 M Sold Last Quarter
Proj. Earnings Growth
17.24%
From $2.03 to $2.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.81 out of 5 stars

Industrial Products Sector

108th out of 168 stocks

Industrial Machinery & Equipment Industry

4th out of 5 stocks

GIC stock logo

About Global Industrial Stock (NYSE:GIC)

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. The company offers industrial and MRO products under the Global, GlobalIndustrial.com, Nexel, Paramount, Interion, and Absocold trademarks. It serves businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, signature campaigns, and catalogs. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.

GIC Stock Price History

GIC Stock News Headlines

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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 3/18 Dividend
3/08/2024
Dividend Payable
3/18/2024
Today
4/13/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
N/A
Employees
1,870
Year Founded
N/A

Profitability

Net Income
$70.70 million
Pretax Margin
7.47%

Debt

Sales & Book Value

Annual Sales
$1.27 billion
Cash Flow
$2.01 per share
Book Value
$6.70 per share

Miscellaneous

Free Float
12,837,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
0.88
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GIC Stock Analysis - Frequently Asked Questions

How have GIC shares performed in 2024?

Global Industrial's stock was trading at $38.84 at the start of the year. Since then, GIC stock has increased by 7.7% and is now trading at $41.85.
View the best growth stocks for 2024 here
.

Are investors shorting Global Industrial?

Global Industrial saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 287,300 shares, an increase of 51.4% from the March 15th total of 189,800 shares. Based on an average daily trading volume, of 93,200 shares, the days-to-cover ratio is currently 3.1 days. Approximately 3.7% of the company's stock are sold short.
View Global Industrial's Short Interest
.

When is Global Industrial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our GIC earnings forecast
.

How were Global Industrial's earnings last quarter?

Global Industrial (NYSE:GIC) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. The firm earned $320.10 million during the quarter, compared to analyst estimates of $313.50 million. Global Industrial had a trailing twelve-month return on equity of 29.76% and a net margin of 5.55%.

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

Global Industrial declared a quarterly dividend on Thursday, February 29th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.25 per share on Monday, March 18th. This represents a $1.00 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Friday, March 8th. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for GIC
.

Is Global Industrial a good dividend stock?

Global Industrial (NYSE:GIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.37%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIC will have a dividend payout ratio of 42.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIC.

What ETF holds Global Industrial's stock?

Roundhill Acquirers Deep Value ETF holds 13,990 shares of GIC stock, representing 1.10% of its portfolio.

Who are Global Industrial's major shareholders?

Global Industrial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.12%). Insiders that own company stock include Barry Litwin, Bruce Leeds, Donna Fielding, Manoj Shetty, Richard Leeds, Robert Leeds and Thomas Axmacher.
View institutional ownership trends
.

How do I buy shares of Global Industrial?

Shares of GIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GIC) was last updated on 4/13/2024 by MarketBeat.com Staff

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