Global Industrial (GIC) Set to Release Earnings on Tuesday

Global Industrial (NYSE:GIC) is expected to be announcing its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to post earnings of $0.5450 per share and revenue of $385.41 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, October 27, 2026 at 5:00 PM ET.

Global Industrial (NYSE:GIC) last issued its earnings results on Tuesday, August 4th. The company reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. Global Industrial had a net margin of 6.06% and a return on equity of 21.49%. The company had revenue of $386.60 million for the quarter, compared to the consensus estimate of $377.40 million. On average, analysts expect Global Industrial to post $1.87 EPS for the current fiscal year and $2.21 EPS for the next fiscal year.

Global Industrial Stock Performance

GIC opened at $43.82 on Tuesday. The firm’s 50-day simple moving average is $40.81 and its 200-day simple moving average is $35.58. Global Industrial has a twelve month low of $26.40 and a twelve month high of $44.73. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.48 and a beta of 0.77.

Global Industrial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 17th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, August 17th. Global Industrial’s dividend payout ratio (DPR) is currently 50.00%.

Wall Street Analyst Weigh In

A number of research firms have commented on GIC. Freedom Broker initiated coverage on shares of Global Industrial in a research report on Wednesday, October 14th. They issued a “hold” rating and a $39.00 price target on the stock. Wall Street Zen cut shares of Global Industrial from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings lowered shares of Global Industrial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 25th. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Global Industrial has a consensus rating of “Hold” and an average target price of $39.00.

Insider Buying and Selling at Global Industrial

In other Global Industrial news, VP Thomas Axmacher sold 1,848 shares of Global Industrial stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $38.60, for a total value of $71,332.80. Following the completion of the transaction, the vice president owned 7,366 shares in the company, valued at approximately $284,327.60. The trade was a 20.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Claudia Hughes sold 4,753 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $39.78, for a total value of $189,074.34. Following the completion of the transaction, the senior vice president directly owned 32,167 shares in the company, valued at approximately $1,279,603.26. This represents a 12.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 9,287 shares of company stock valued at $363,904. Corporate insiders own 64.51% of the company’s stock.

About Global Industrial

Global Industrial Company (NYSE:GIC) is a distributor of industrial and maintenance, repair and operations (MRO) products. The company serves businesses, government agencies and other organizations through digital commerce, direct sales and product catalogs.

Its product range includes material-handling and storage equipment, shelving, cabinets, workstations, safety supplies, janitorial and facility-maintenance products, packaging supplies, tools, HVAC equipment and office furnishings. Global Industrial offers products from its own brands as well as third-party manufacturers, with solutions designed for workplaces, warehouses, commercial facilities and industrial operations.

The company primarily serves customers in the United States and Canada.