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Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:GIC

Global Industrial (GIC) Stock Price, News & Analysis

$44.16
+1.95 (+4.62%)
(As of 03/4/2024 ET)
Today's Range
$43.48
$45.29
50-Day Range
$36.79
$45.70
52-Week Range
$20.52
$45.85
Volume
120,371 shs
Average Volume
51,745 shs
Market Capitalization
$1.68 billion
P/E Ratio
23.87
Dividend Yield
1.81%
Price Target
N/A

Global Industrial MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.02% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of Global Industrial in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
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.

3.32 out of 5 stars

Industrial Products Sector

83rd out of 175 stocks

Industrial Machinery & Equipment Industry

4th out of 5 stocks


GIC stock logo

About Global Industrial Stock (NYSE:GIC)

Global Industrial Company operates as a value-added industrial distributor of industrial and maintenance, repair, and operation (MRO) products in North America. The company offers industrial and MRO products under Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. It offers products, including 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, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials. The company offers its products to businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, 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
2/21/2023
Today
3/04/2024
Ex-Dividend for 3/18 Dividend
3/08/2024
Dividend Payable
3/18/2024
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
1,650
Year Founded
N/A

Profitability

Net Income
$70.70 million
Pretax Margin
7.53%

Debt

Sales & Book Value

Annual Sales
$1.21 billion
Cash Flow
$2.26 per share
Book Value
$5.54 per share

Miscellaneous

Free Float
12,812,000
Market Cap
$1.68 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 beginning of the year. Since then, GIC shares have increased by 13.7% and is now trading at $44.16.
View the best growth stocks for 2024 here
.

Are investors shorting Global Industrial?

Global Industrial saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 134,300 shares, an increase of 16.9% from the January 31st total of 114,900 shares. Based on an average daily trading volume, of 67,700 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.0% of the company's stock are short sold.
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) posted its quarterly earnings data on Tuesday, February, 21st. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The business had revenue of $260.50 million for the quarter, compared to analysts' expectations of $246 million. Global Industrial had a trailing twelve-month return on equity of 30.52% and a net margin of 5.55%. During the same quarter in the prior year, the firm earned $0.53 earnings per share.

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 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Friday, March 8th. This is a positive change 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 $0.80 per share and currently has a dividend yield of 1.90%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIC will have a dividend payout ratio of 33.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIC.

What ETFs hold Global Industrial's stock?

ETFs with the largest weight of Global Industrial (NYSE:GIC) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).RiverFront Dynamic US Dividend Advantage ETF (RFDA).

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 Mawer Investment Management Ltd. (5.10%), Dimensional Fund Advisors LP (2.68%), Vanguard Group Inc. (0.79%), Wasatch Advisors LP (0.59%), Scout Investments Inc. (0.56%) and GW&K Investment Management LLC (0.50%). Insiders that own company stock include Barry Litwin, 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 3/5/2024 by MarketBeat.com Staff