What is Zacks Research’s Forecast for GBLI FY2026 Earnings?

Global Indemnity Group, LLC (NASDAQ:GBLI) – Investment analysts at Zacks Research reduced their FY2026 earnings estimates for shares of Global Indemnity Group in a note issued to investors on Thursday, August 6th. Zacks Research analyst T. Kerr now expects that the insurance provider will post earnings per share of $2.37 for the year, down from their previous forecast of $2.38. The consensus estimate for Global Indemnity Group’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for Global Indemnity Group’s FY2027 earnings at $2.96 EPS.

Separately, Weiss Ratings lowered Global Indemnity Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Global Indemnity Group has a consensus rating of “Hold”.

Global Indemnity Group Stock Up 2.3%

NASDAQ:GBLI opened at $28.62 on Monday. The business’s 50-day simple moving average is $26.42 and its two-hundred day simple moving average is $27.44. Global Indemnity Group has a 52 week low of $24.28 and a 52 week high of $30.52. The stock has a market cap of $418.21 million, a PE ratio of 12.18 and a beta of 0.41.

Global Indemnity Group (NASDAQ:GBLI) last issued its earnings results on Wednesday, August 5th. The insurance provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.04). Global Indemnity Group had a return on equity of 5.57% and a net margin of 7.50%.The firm had revenue of $116.10 million during the quarter.

Global Indemnity Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.9%. Global Indemnity Group’s dividend payout ratio is currently 59.57%.

Hedge Funds Weigh In On Global Indemnity Group

Several institutional investors have recently bought and sold shares of GBLI. Franklin Street Advisors Inc. NC purchased a new position in shares of Global Indemnity Group during the second quarter valued at about $368,000. Boston Partners lifted its position in shares of Global Indemnity Group by 9.6% in the fourth quarter. Boston Partners now owns 150,351 shares of the insurance provider’s stock worth $4,270,000 after buying an additional 13,181 shares in the last quarter. Cannell Capital LLC lifted its position in shares of Global Indemnity Group by 1.4% in the second quarter. Cannell Capital LLC now owns 282,313 shares of the insurance provider’s stock worth $8,853,000 after buying an additional 3,841 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Global Indemnity Group by 0.9% during the second quarter. Ameriprise Financial Inc. now owns 298,435 shares of the insurance provider’s stock valued at $9,359,000 after buying an additional 2,565 shares during the last quarter. Finally, State of Wyoming boosted its stake in Global Indemnity Group by 70.5% during the second quarter. State of Wyoming now owns 4,524 shares of the insurance provider’s stock valued at $142,000 after buying an additional 1,870 shares during the last quarter. 37.40% of the stock is owned by hedge funds and other institutional investors.

Global Indemnity Group Company Profile

Global Indemnity Group (NASDAQ: GBLI) is a specialty property and casualty insurance holding company headquartered in Princeton, New Jersey. Through its subsidiaries, the company focuses on underwriting commercial niche insurance products designed to meet the needs of small to mid-sized businesses and select specialty markets. Its approach centers on disciplined underwriting, customized policy structures and targeted distribution channels to address coverage gaps often underserved by standard carriers.

The company’s product portfolio encompasses surety and fidelity bonds, workers’ compensation, general liability, commercial auto, professional liability and environmental liability.