Equities Analysts Set Expectations for GIC Q1 Earnings

Global Industrial (NYSE:GIC - Free Report) - Stock analysts at William Blair issued their Q1 2026 earnings estimates for shares of Global Industrial in a research note issued to investors on Wednesday, April 9th. William Blair analyst R. Merkel expects that the company will post earnings per share of $0.27 for the quarter. The consensus estimate for Global Industrial's current full-year earnings is $1.59 per share. William Blair also issued estimates for Global Industrial's Q2 2026 earnings at $0.52 EPS, Q3 2026 earnings at $0.52 EPS and Q4 2026 earnings at $0.39 EPS.

Global Industrial Price Performance

Global Industrial stock traded down $0.28 during trading hours on Friday, reaching $22.32. The stock had a trading volume of 154,994 shares, compared to its average volume of 89,078. The business's 50 day moving average price is $23.09 and its 200-day moving average price is $26.24. Global Industrial has a 52 week low of $20.79 and a 52 week high of $42.45. The company has a market cap of $855.14 million, a price-to-earnings ratio of 13.13, a PEG ratio of 0.93 and a beta of 0.85.

Global Industrial (NYSE:GIC - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). The company had revenue of $302.30 million for the quarter, compared to the consensus estimate of $306.07 million. Global Industrial had a net margin of 4.92% and a return on equity of 24.53%.

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Institutional Trading of Global Industrial

Institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its stake in Global Industrial by 340.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,560 shares of the company's stock valued at $39,000 after buying an additional 1,206 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in Global Industrial in the 4th quarter worth approximately $50,000. GAMMA Investing LLC grew its position in Global Industrial by 1,600.0% during the 1st quarter. GAMMA Investing LLC now owns 2,397 shares of the company's stock worth $54,000 after purchasing an additional 2,256 shares during the last quarter. Quantbot Technologies LP increased its stake in Global Industrial by 150.3% during the 4th quarter. Quantbot Technologies LP now owns 3,614 shares of the company's stock valued at $90,000 after purchasing an additional 2,170 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of Global Industrial by 44.4% during the fourth quarter. Wells Fargo & Company MN now owns 7,058 shares of the company's stock worth $175,000 after buying an additional 2,170 shares during the period. Institutional investors and hedge funds own 31.19% of the company's stock.

Global Industrial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were issued a $0.26 dividend. This is a positive change from Global Industrial's previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 4.66%. The ex-dividend date was Monday, March 10th. Global Industrial's payout ratio is currently 66.24%.

Global Industrial Company Profile

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.