Sidoti Research Analysts Increase Earnings Estimates for GIC

Global Industrial Company (NYSE:GIC) – Investment analysts at Sidoti lifted their Q2 2027 earnings per share estimates for shares of Global Industrial in a research note issued to investors on Wednesday, August 5th. Sidoti analyst A. Lebiedzinski now expects that the company will earn $0.70 per share for the quarter, up from their prior estimate of $0.68. The consensus estimate for Global Industrial’s current full-year earnings is $1.89 per share. Sidoti also issued estimates for Global Industrial’s Q4 2027 earnings at $0.53 EPS and FY2027 earnings at $2.35 EPS.

Global Industrial (NYSE:GIC) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.54. The business had revenue of $386.60 million for the quarter, compared to analyst estimates of $377.40 million. Global Industrial had a return on equity of 21.94% and a net margin of 6.06%.

Several other research firms also recently issued reports on GIC. Weiss Ratings raised Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Wall Street Zen downgraded shares of Global Industrial from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Global Industrial Trading Up 3.1%

Shares of GIC stock opened at $38.56 on Thursday. The business’s 50-day moving average price is $33.34 and its 200-day moving average price is $32.17. Global Industrial has a 12 month low of $26.40 and a 12 month high of $40.26. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.24 and a beta of 0.75.

Global Industrial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 17th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 17th. Global Industrial’s dividend payout ratio (DPR) is currently 58.03%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Algert Global LLC bought a new position in Global Industrial during the 3rd quarter worth approximately $5,329,000. Edgestream Partners L.P. bought a new stake in shares of Global Industrial in the 1st quarter valued at $2,920,000. Barclays PLC boosted its stake in shares of Global Industrial by 164.7% in the 3rd quarter. Barclays PLC now owns 101,921 shares of the company’s stock valued at $3,737,000 after purchasing an additional 63,414 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Global Industrial during the third quarter worth $2,284,000. Finally, Walleye Capital LLC acquired a new stake in shares of Global Industrial during the second quarter worth $1,923,000. 31.19% of the stock is owned by institutional investors and hedge funds.

Global Industrial News Roundup

Here are the key news stories impacting Global Industrial this week:

• Positive Sentiment: Revenue exceeded expectations. Global Industrial reported second-quarter revenue of $386.6 million, above the $377.4 million analyst consensus and up from $358.9 million a year earlier. Gross profit rose to $155.4 million, while gross margin expanded to 40.2% from 37.1%. Global Industrial Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts raised future earnings estimates. Sidoti increased its Q2 2027 EPS forecast to $0.70 from $0.68, its Q4 2027 forecast to $0.53 from $0.52, and its full-year 2027 estimate to $2.35 from $2.33. The revisions suggest improved confidence in the company’s growth outlook. Global Industrial analyst estimates
• Positive Sentiment: Dividend supports shareholder returns. The company declared a quarterly dividend of $0.28 per share, payable August 24 to shareholders of record August 17. The ex-dividend date is August 17.
• Neutral Sentiment: Quarterly EPS met, rather than exceeded, forecasts. Adjusted earnings of $0.54 per share matched consensus but declined from $0.65 a year earlier, leaving investors focused on whether revenue growth and margin expansion can translate into stronger profitability. Global Industrial Meets Q2 Earnings Estimates
• Negative Sentiment: Valuation warrants caution. Commentary following the earnings release characterized the recent advance as potentially limiting the near-term upside, suggesting some investors may wait for additional evidence that projected growth justifies the higher share price. Global Industrial’s Pop Is Great, But Not A Reason To Jump In

Global Industrial Company Profile

Global Industrial Company (NYSE: GIC) is a leading business-to-business distributor of industrial products and equipment. Headquartered in Port Washington, New York, the company provides a comprehensive range of products to support manufacturing, warehousing, and facility maintenance operations across North America. Through a digital-first platform, Global Industrial combines e-commerce, direct sales and catalog-based ordering channels to serve a diverse commercial customer base.

The company’s product portfolio encompasses material handling solutions (including conveyors, pallet racks and hoists), storage and shelving systems, janitorial and sanitation supplies, packaging and shipping materials, and office furniture.