Global Indemnity Group (GBLI) is expected to announce its results on Tuesday

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Global Compensation Group (NASDAQ: GBLIGet a rating) will release its earnings data ahead of market open on Tuesday, November 8. Analysts expect Global Indemnity Group to post earnings of $1.45 per share for the quarter. Those interested in participating in the company’s earnings conference call can do so using this link.

Global Compensation Group (NASDAQ: GBLIGet a rating) last reported results on Tuesday, August 9. The insurance provider reported earnings per share (EPS) of $0.12 for the quarter. The company had revenue of $147.86 million for the quarter. Global Indemnity Group recorded a negative net margin of 1.49% and a positive return on equity of 1.71%. On average, analysts expect Global Indemnity Group to post EPS of $0 for the current fiscal year and EPS of $3 for the next fiscal year.

Global Compensation Group Stock Performance

Shares of Global Indemnity Group Stock opened at $24.17 on Tuesday. The company has a market capitalization of $351.19 million, a PE ratio of 31.88 and a beta of 0.32. The company’s 50-day simple moving average is $23.15 and its 200-day simple moving average is $25.08. Global Indemnity Group has a 1-year minimum of $20.52 and a 1-year maximum of $27.66.

Global Indemnity Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 11. Shareholders of record on Tuesday, October 4 received a dividend of $0.25. The ex-dividend date was Monday, October 3. This represents a dividend of $1.00 on an annualized basis and a dividend yield of 4.14%. Global Indemnity Group’s dividend payout ratio (DPR) is currently -142.86%.

Insider activity

In other Global Indemnity Group news, insider David S. Charlton bought 5,000 shares of the company in a trade that took place on Friday, August 12. The shares were acquired at an average cost of $25.24 per share, with a total value of $126,200.00. Following the completion of the purchase, the insider now directly owns 5,000 shares of the company, valued at $126,200. The purchase was disclosed in a filing with the SEC, accessible via this link. In other Global Indemnity Group news, Director Joseph W. Brown purchased 10,000 shares of the company in a trade that took place on Thursday, August 18. The shares were acquired at an average cost of $25.85 per share, with a total value of $258,500.00. Following the completion of the purchase, the administrator now directly owns 139,979 shares of the company, valued at $3,618,457.15. The purchase was disclosed in a filing with the SEC, accessible via this link. Additionally, insider David S. Charlton purchased 5,000 shares of the company in a trade that took place on Friday, August 12. The shares were acquired at an average cost of $25.24 per share, with a total value of $126,200.00. After completing the purchase, the insider now owns 5,000 shares of the company, valued at $126,200. Disclosure of this purchase can be found here. Insiders have purchased 18,500 shares of the company worth $473,355 over the past three months. Company insiders hold 44.20% of the company’s stock.

Institutional investors weigh in on Global Indemnity Group

An institutional investor recently bought a new position in shares of Global Indemnity Group. First Republic Investment Management Inc. acquired a new position in Global Indemnity Group, LLC (NASDAQ: GBLIGet a rating) in the second quarter, according to the company in its latest filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the insurance provider, valued at approximately $259,000. First Republic Investment Management Inc. owned approximately 0.07% of Global Indemnity Group when it last filed with the SEC. Hedge funds and other institutional investors hold 49.28% of the company’s shares.

Analysts set new price targets

Separately, StockNews.com began covering shares of Global Indemnity Group in a research note on Friday. They have set a “holding” rating on the stock.

Global Indemnity Group Company Profile

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Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, ranch and stable; and the reinsurance operations segments. The Commercial Specialty segment distributes property and casualty, general liability, accident and professional insurance products.

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Earnings history for Global Indemnity Group (NASDAQ: GBLI)

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