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.
Check Out Our Latest Analysis on GBLI
About Global Indemnity Group
(
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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.
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