How have GIC shares performed in 2024?

Global Industrial's stock was trading at $38.84 at the beginning of 2024. Since then, GIC shares have increased by 0.2% and is now trading at $38.93. View the best growth stocks for 2024 here .

Are investors shorting Global Industrial?

Global Industrial saw a increase in short interest in April. As of April 15th, there was short interest totaling 342,300 shares, an increase of 19.1% from the March 31st total of 287,300 shares. Based on an average daily trading volume, of 93,900 shares, the days-to-cover ratio is presently 3.6 days. Approximately 4.4% of the shares of the stock are short sold. View Global Industrial's Short Interest .

When is Global Industrial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our GIC earnings forecast .

How can I listen to Global Industrial's earnings call?

Global Industrial will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Global Industrial's earnings last quarter?

Global Industrial (NYSE:GIC) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. The business earned $320.10 million during the quarter, compared to analysts' expectations of $313.50 million. Global Industrial had a trailing twelve-month return on equity of 29.76% and a net margin of 5.55%.

How often does Global Industrial pay dividends? What is the dividend yield for Global Industrial?

Global Industrial declared a quarterly dividend on Thursday, February 29th. Stockholders of record on Monday, March 11th will be paid a dividend of $0.25 per share on Monday, March 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Friday, March 8th. This is a boost from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for GIC .

Is Global Industrial a good dividend stock?

Global Industrial (NYSE:GIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.49%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIC will have a dividend payout ratio of 42.02% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GIC .

What ETF holds Global Industrial's stock?

First Trust Small Cap Growth AlphaDEX Fund holds 38,532 shares of GIC stock, representing 0.62% of its portfolio.

Who are Global Industrial's major shareholders?

Global Industrial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.12%) and Leeward Financial Partners LLC (0.01%). Insiders that own company stock include Barry Litwin , Bruce Leeds, Donna Fielding , Manoj Shetty , Richard Leeds , Robert Leeds and Thomas Axmacher. View institutional ownership trends .

How do I buy shares of Global Industrial?

Shares of GIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GIC

Global Industrial (GIC) Stock Price, News & Analysis

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Free GIC Stock Alerts

$38.85

-0.55 (-1.40%)

(As of 12:13 PM ET)

Compare

Today's Range: $38.74
▼
$39.30
50-Day Range: $39.37
▼
$46.57
52-Week Range: $20.52
▼
$46.97

Volume: 15,474 shs
Average Volume: 85,825 shs
Market Capitalization: $1.48 billion

P/E Ratio: 21.00
Dividend Yield: 2.57%
Price Target: N/A

Get Global Industrial alerts:

Global Industrial MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
4.36% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.14
Based on 5 Articles This Week
Insider Trading: Selling Shares
$15.64 M Sold Last Quarter
Proj. Earnings Growth: 17.24%
From $2.03 to $2.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

Industrial Products Sector

78th out of 166 stocks

Industrial Machinery & Equipment Industry

4th out of 5 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Global Industrial.

3.0

Short Interest

Percentage of Shares Shorted
4.36% of the float of Global Industrial has been sold short.
Short Interest Ratio / Days to Cover
Global Industrial has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Global Industrial has recently increased by 19.14%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Global Industrial pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Global Industrial has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of Global Industrial is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Global Industrial will have a dividend payout ratio of 42.02% next year. This indicates that Global Industrial will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GIC.

1.6

News and Social Media Coverage

News Sentiment
Global Industrial has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Global Industrial this week, compared to 2 articles on an average week.
MarketBeat Follows
5 people have added Global Industrial to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Global Industrial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,637,000.00 in company stock.
Percentage Held by Insiders
66.34% of the stock of Global Industrial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 31.19% of the stock of Global Industrial is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Global Industrial are expected to grow by 17.24% in the coming year, from $2.03 to $2.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Global Industrial is 21.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Global Industrial is 21.04, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.97.
Price to Earnings Growth Ratio
Global Industrial has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Global Industrial has a P/B Ratio of 5.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Global Industrial Stock (NYSE:GIC)

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. The company offers industrial and MRO products under the Global, GlobalIndustrial.com, Nexel, Paramount, Interion, and Absocold trademarks. It serves businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, signature campaigns, and catalogs. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.

GIC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GIC Stock News Headlines

April 28, 2024 | forbes.com

Best 1-Year GIC Rates April 2024

April 28, 2024 | americanbankingnews.com

Global Industrial (GIC) Scheduled to Post Quarterly Earnings on Tuesday

April 30, 2024 | The Bull Report (Ad)

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Best Short-Term GIC Rates In Canada For April 2024

April 23, 2024 | americanbankingnews.com

Financial Comparison: Global Industrial (NYSE:GIC) versus Finning International (OTCMKTS:FINGF)

April 21, 2024 | msn.com

Ducab Metals Business Strengthens Global Position With GIC Magnet Acquisition, Projecting An Additional USD 40.5 Million In Revenue

April 5, 2024 | finance.yahoo.com

Estimating The Fair Value Of Global Industrial Company (NYSE:GIC)

April 1, 2024 | msn.com

Prestige, Kotak and Abu Dhabhi Inv Authority in deal to develop Rs 18,000 cr projects

April 30, 2024 | Insiders Exposed (Ad)

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March 31, 2024 | msn.com

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March 25, 2024 | gurufocus.com

Boeing Co at Bank of America Global Industrials Conference Transcript

March 19, 2024 | benzinga.com

Global Industrial Vice Chairman Trades Company's Stock

March 19, 2024 | benzinga.com

Global Industrial Recent Insider Activity

March 19, 2024 | finance.yahoo.com

There Are Reasons To Feel Uneasy About Global Industrial's (NYSE:GIC) Returns On Capital

March 11, 2024 | msn.com

Inside the revolution at ‘incompetent’ Heathrow

March 7, 2024 | finanznachrichten.de

Global Industrial Company: Global Industrial to Participate in the Loop Capital Markets 2024 Investor Conference

March 6, 2024 | gurufocus.com

Oshkosh Corp at Citi Global Industrial Tech and Mobility Conference Transcript

March 5, 2024 | finance.yahoo.com

Global Industrial Company (NYSE:GIC) Q4 2023 Earnings Call Transcript

March 4, 2024 | gurufocus.com

Fortive Corp at Citi Global Industrial Tech and Mobility Conference Transcript

March 3, 2024 | gurufocus.com

Donaldson Company Inc at Citi Global Industrial Tech and Mobility Conference Transcript

March 3, 2024 | gurufocus.com

Dover Corp at Citi Global Industrial Tech and Mobility Conference Transcript

March 3, 2024 | finance.yahoo.com

Global Industrial Company (NYSE:GIC) Analysts Are Pretty Bullish On The Stock After Recent Results

March 1, 2024 | seekingalpha.com

Global Industrial Q4 2023 Earnings Preview

March 1, 2024 | gurufocus.com

Rockwell Automation Inc at Citi Global Industrial Tech and Mobility Conference Transcript

February 29, 2024 | benzinga.com

Recap: Global Industrial Q4 Earnings

February 28, 2024 | benzinga.com

Global Industrial's Earnings Outlook

February 25, 2024 | msn.com

Global Industrial (GIC) Price Target Increased by 11.63% to 48.96

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Ex-Dividend for 3/18 Dividend: 3/08/2024
Dividend Payable: 3/18/2024
Today: 4/30/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Industrial machinery & equipment
Sub-Industry: N/A
Current Symbol: NYSE:GIC
CUSIP: N/A
CIK: 945114
Web: www.globalindustrial.com
Phone: (516) 608-7000
Fax: 516-608-7001
Employees: 1,870
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.85
Trailing P/E Ratio: 21.28
Forward P/E Ratio: 19.39
P/E Growth: 1.24
Net Income: $70.70 million
Net Margins: 5.55%
Pretax Margin: 7.47%
Return on Equity: 29.76%
Return on Assets: 13.75%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.89
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $1.27 billion
Price / Sales: 1.18
Cash Flow: $1.98 per share
Price / Cash Flow: 19.84
Book Value: $6.70 per share
Price / Book: 5.88

Miscellaneous

Outstanding Shares: 38,180,000
Free Float: 12,852,000
Market Cap: $1.50 billion
Optionable: Optionable
Beta: 0.88

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Key Executives

Mr. Barry Litwin (Age 57)
CEO & Director
Comp: $2.54M
Mr. Thomas Eugene Clark (Age 42)
Senior VP & CFO
Comp: $811.85k
Mr. Manoj Shetty (Age 63)
Senior VP & Chief Information Officer
Comp: $826.14k
Ms. Claudia Hughes (Age 56)
Senior VP & Chief Sales Officer
Comp: $686.06k
Mr. Richard B. Leeds (Age 64)
Executive Chairman
Comp: $980k
Ms. Adina G. Storch Esq. (Age 52)
Senior VP, General Counsel & Corporate Secretary
Ms. Donna Fielding (Age 53)
Senior VP & Chief Human Resources Officer
Mr. Norman Kough
Executive Vice President of Netherlands & Sweden
Mr. Alexander L. Tomey (Age 54)
Senior VP & Chief Merchandising Officer
Mr. Christopher Longhito (Age 43)
Senior VP & Chief Supply Chain Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GIC Stock Analysis - Frequently Asked Questions

How have GIC shares performed in 2024?: Global Industrial's stock was trading at $38.84 at the beginning of 2024. Since then, GIC shares have increased by 0.2% and is now trading at $38.93.
View the best growth stocks for 2024 here.
Are investors shorting Global Industrial?: Global Industrial saw a increase in short interest in April. As of April 15th, there was short interest totaling 342,300 shares, an increase of 19.1% from the March 31st total of 287,300 shares. Based on an average daily trading volume, of 93,900 shares, the days-to-cover ratio is presently 3.6 days. Approximately 4.4% of the shares of the stock are short sold.
View Global Industrial's Short Interest.
When is Global Industrial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our GIC earnings forecast.
How can I listen to Global Industrial's earnings call?: Global Industrial will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Global Industrial's earnings last quarter?: Global Industrial (NYSE:GIC) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. The business earned $320.10 million during the quarter, compared to analysts' expectations of $313.50 million. Global Industrial had a trailing twelve-month return on equity of 29.76% and a net margin of 5.55%.
How often does Global Industrial pay dividends? What is the dividend yield for Global Industrial?: Global Industrial declared a quarterly dividend on Thursday, February 29th. Stockholders of record on Monday, March 11th will be paid a dividend of $0.25 per share on Monday, March 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Friday, March 8th. This is a boost from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for GIC.

Is Global Industrial a good dividend stock?: Global Industrial (NYSE:GIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.49%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIC will have a dividend payout ratio of 42.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIC.
What ETF holds Global Industrial's stock?: First Trust Small Cap Growth AlphaDEX Fund holds 38,532 shares of GIC stock, representing 0.62% of its portfolio.
Who are Global Industrial's major shareholders?: Global Industrial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.12%) and Leeward Financial Partners LLC (0.01%). Insiders that own company stock include Barry Litwin, Bruce Leeds, Donna Fielding, Manoj Shetty, Richard Leeds, Robert Leeds and Thomas Axmacher.
View institutional ownership trends.
How do I buy shares of Global Industrial?: Shares of GIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GIC) was last updated on 4/30/2024 by MarketBeat.com Staff

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