Global Indemnity Group (GBLI) Set to Announce Earnings on Thursday

Global Indemnity Group (NASDAQ:GBLI - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Global Indemnity Group (NASDAQ:GBLI - Get Free Report) last posted its earnings results on Wednesday, August 7th. The insurance provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.19. The company had revenue of $108.69 million for the quarter, compared to analyst estimates of $114.00 million. Global Indemnity Group had a net margin of 7.66% and a return on equity of 5.79%. On average, analysts expect Global Indemnity Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Global Indemnity Group Stock Up 0.2 %

NASDAQ:GBLI traded up $0.07 on Thursday, hitting $33.98. The stock had a trading volume of 916 shares, compared to its average volume of 4,194. The stock has a market cap of $462.26 million, a price-to-earnings ratio of 13.38 and a beta of 0.43. The company has a fifty day moving average price of $32.95 and a two-hundred day moving average price of $31.89. Global Indemnity Group has a 1-year low of $26.50 and a 1-year high of $35.19.

Global Indemnity Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, September 30th were issued a $0.35 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 4.12%. Global Indemnity Group's dividend payout ratio is currently 55.12%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Global Indemnity Group in a report on Wednesday. They issued a "buy" rating on the stock.

About Global Indemnity Group

Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Penn-America and Non-Core Operations. The company distributes property and general liability products for small commercial businesses through a network of wholesale general agents; and property and general liability niche products through program administrators with specific binding authority.