FY2026 EPS Estimates for Global Industrial Cut by Sidoti

Global Industrial Company (NYSE:GICFree Report) – Analysts at Sidoti decreased their FY2026 earnings per share estimates for shares of Global Industrial in a report issued on Wednesday, May 6th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings of $1.88 per share for the year, down from their prior forecast of $2.05. The consensus estimate for Global Industrial’s current full-year earnings is $2.00 per share. Sidoti also issued estimates for Global Industrial’s Q4 2026 earnings at $0.42 EPS and Q1 2027 earnings at $0.46 EPS.

Several other equities analysts also recently weighed in on the company. Weiss Ratings raised Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Wall Street Zen raised Global Industrial from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Check Out Our Latest Analysis on Global Industrial

Global Industrial Stock Performance

NYSE GIC opened at $30.05 on Friday. The company has a market cap of $1.15 billion, a P/E ratio of 15.57, a P/E/G ratio of 0.93 and a beta of 0.83. The business’s 50 day moving average price is $32.19 and its 200-day moving average price is $30.87. Global Industrial has a fifty-two week low of $25.61 and a fifty-two week high of $38.79.

Global Industrial (NYSE:GICGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The company had revenue of $350.40 million for the quarter, compared to the consensus estimate of $344.13 million. Global Industrial had a net margin of 5.33% and a return on equity of 23.69%.

Hedge Funds Weigh In On Global Industrial

Large investors have recently bought and sold shares of the business. Los Angeles Capital Management LLC lifted its holdings in shares of Global Industrial by 0.5% in the 4th quarter. Los Angeles Capital Management LLC now owns 61,392 shares of the company’s stock worth $1,732,000 after buying an additional 323 shares during the period. GSA Capital Partners LLP lifted its holdings in shares of Global Industrial by 6.5% in the 3rd quarter. GSA Capital Partners LLP now owns 9,410 shares of the company’s stock worth $345,000 after buying an additional 574 shares during the period. Meritage Portfolio Management lifted its holdings in shares of Global Industrial by 0.8% in the 3rd quarter. Meritage Portfolio Management now owns 79,424 shares of the company’s stock worth $2,912,000 after buying an additional 649 shares during the period. Rhumbline Advisers lifted its holdings in shares of Global Industrial by 3.2% in the 3rd quarter. Rhumbline Advisers now owns 21,207 shares of the company’s stock worth $778,000 after buying an additional 666 shares during the period. Finally, Swiss National Bank lifted its holdings in shares of Global Industrial by 1.9% in the 4th quarter. Swiss National Bank now owns 37,800 shares of the company’s stock worth $1,105,000 after buying an additional 700 shares during the period. Hedge funds and other institutional investors own 31.19% of the company’s stock.

Global Industrial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 18th will be issued a dividend of $0.28 per share. The ex-dividend date is Monday, May 18th. This represents a $1.12 dividend on an annualized basis and a yield of 3.7%. Global Industrial’s payout ratio is presently 60.22%.

More Global Industrial News

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

  • Positive Sentiment: Q1 sales topped estimates (revenue came in above consensus), supporting topline momentum despite a slight EPS miss; that revenue beat is helping lift sentiment. Article Title
  • Positive Sentiment: Sidoti slightly raised its Q4 2027 EPS forecast (to $0.52), signaling some confidence in the company’s longer‑run earnings trajectory. MarketBeat GIC
  • Neutral Sentiment: Earnings‑call takeaways: management highlighted growth opportunities but flagged cost and margin risks — investors will watch margin recovery and cost control execution. Earnings Call Summary
  • Neutral Sentiment: Analyst/market pieces are re‑examining valuation after the recent pullback; valuation commentary may limit further downside if fundamentals remain stable. Valuation Article
  • Negative Sentiment: Sidoti cut several near‑term estimates — Q2, Q3 and Q4 2026 and Q1 2027 EPS were trimmed and FY2026 was reduced to $1.88 from $2.05 — signaling downward revisions to near‑term profitability expectations and increasing short‑term earnings risk. Sidoti Notes (MarketBeat)
  • Negative Sentiment: Q1 EPS missed consensus ($0.39 vs. ~$0.41) and media coverage highlighted the share weakness following analyst downgrades and cost concerns, pressuring sentiment. Why Shares Are Getting Obliterated

About Global Industrial

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for Global Industrial (NYSE:GIC)

Receive News & Ratings for Global Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Industrial and related companies with MarketBeat.com's FREE daily email newsletter.