Global Indemnity Plc Stock Today
GBLI Stock | USD 31.36 1.14 3.51% |
Performance7 of 100
| Odds Of DistressLess than 6
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Global Indemnity is trading at 31.36 as of the 24th of April 2024. This is a -3.51% down since the beginning of the trading day. The stock's open price was 32.5. Global Indemnity has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Global Indemnity PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 16th of December 2003 | Category Financial Services | Classification Financials |
Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania. Global Indemnity operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. The company has 9.79 M outstanding shares of which 4.41 K shares are currently shorted by private and institutional investors with about 1.02 trading days to cover. More on Global Indemnity PLC
Moving together with Global Stock
0.78 | DOMA | Doma Holdings | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 8th of May 2024
Global Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global Indemnity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Indemnity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Cynthia Valko | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, NASDAQ Composite Total, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Global Indemnity report their recommendations after researching Global Indemnity's financial statements, talking to executives and customers, or listening in on Global Indemnity's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Global Indemnity PLC. The Global consensus assessment is calculated by taking the average forecast from all of the analysts covering Global Indemnity. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key measurements obtained from Global Indemnity's financial statements, Global Indemnity PLC may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Global Indemnity PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Global Indemnity's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Global Indemnity's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Global Indemnity's financial leverage. It provides some insight into what part of Global Indemnity's total assets is financed by creditors.
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Global Indemnity PLC (GBLI) is traded on New York Stock Exchange in USA. It is located in Three Bala Plaza East, Bala Cynwyd, PA, United States, 19004 and employs 266 people. Global Indemnity is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 441.31 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Global Indemnity's market, we take the total number of its shares issued and multiply it by Global Indemnity's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Global Indemnity PLC conducts business under Insurance sector and is part of Financials industry. The entity has 9.79 M outstanding shares of which 4.41 K shares are currently shorted by private and institutional investors with about 1.02 trading days to cover.
Global Indemnity PLC currently holds about 60.41 M in cash with 42.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.14.
Check Global Indemnity Probability Of Bankruptcy
Ownership AllocationGlobal Indemnity secures a total of 9.79 Million outstanding shares. Over half of Global Indemnity's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Global Indemnity PLC. Please watch out for any change in the institutional holdings of Global Indemnity as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Global Ownership Details
Global Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Global Indemnity jumping above the current price in 90 days from now is about 12.24%. The Global Indemnity PLC probability density function shows the probability of Global Indemnity stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Global Indemnity PLC has a beta of -0.7959. This usually indicates as returns on the benchmark increase, returns on holding Global Indemnity are expected to decrease at a much lower rate. During a bear market, however, Global Indemnity PLC is likely to outperform the market. Additionally, global Indemnity PLC has an alpha of 0.217, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Global Indemnity to move above the current price in 90 days from now is about 12.24 (This Global Indemnity PLC probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) .
Global Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Global Indemnity that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Global Indemnity's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Global Indemnity's value.Instituion | Recorded On | Shares | |
Bank Of America Corp | 2023-12-31 | 3 K | |
Jpmorgan Chase & Co | 2023-12-31 | 326 | |
Blackrock Inc | 2023-12-31 | 228 | |
Advisor Group Holdings, Inc. | 2023-12-31 | 200 | |
Goss Wealth Management Llc | 2023-12-31 | 93.0 | |
Royal Bank Of Canada | 2023-12-31 | 82.0 | |
Cullen/frost Bankers Inc | 2023-12-31 | 0.0 | |
Wells Fargo & Co | 2023-12-31 | 0.0 | |
Tower Research Capital Llc | 2023-09-30 | 0.0 | |
Essex Equity Capital Management Llc | 2023-09-30 | 2.4 M | |
Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 1 M |
Global Indemnity Historical Income Statement
Global Indemnity PLC Income Statement is one of the three primary financial statements used for reporting Global's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Global Indemnity PLC revenue and expense. Global Indemnity Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Global Indemnity's Depreciation And Amortization is increasing as compared to previous years. The Global Indemnity's current Selling General Administrative is estimated to increase to about 23.9 M, while Interest Expense is projected to decrease to under 11.4 K. View More FundamentalsGlobal Stock Against Markets
Picking the right benchmark for Global Indemnity stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global Indemnity stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global Indemnity is critical whether you are bullish or bearish towards Global Indemnity PLC at a given time. Please also check how Global Indemnity's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Global Indemnity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Global Indemnity Corporate Directors
Global Indemnity corporate directors refer to members of a Global Indemnity board of directors. The board of directors generally takes responsibility for the Global Indemnity's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Global Indemnity's board members must vote for the resolution. The Global Indemnity board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.David Bruce | Director | Profile | |
Seth Gersch | Independent Director | Profile | |
James Crystal | Independent Director | Profile | |
Jason Hurwitz | Independent Director | Profile |
How to buy Global Stock?
Before investing in Global Indemnity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global Indemnity. To buy Global Indemnity stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global Indemnity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Global Indemnity stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Global Indemnity PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Global Indemnity PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Global Indemnity PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Global Stock please use our How to Invest in Global Indemnity guide.
Already Invested in Global Indemnity PLC?
The danger of trading Global Indemnity PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global Indemnity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global Indemnity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global Indemnity PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Indemnity PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Global Indemnity's price analysis, check to measure Global Indemnity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Indemnity is operating at the current time. Most of Global Indemnity's value examination focuses on studying past and present price action to predict the probability of Global Indemnity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Indemnity's price. Additionally, you may evaluate how the addition of Global Indemnity to your portfolios can decrease your overall portfolio volatility.
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Is Global Indemnity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Indemnity. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.789 | Dividend Share 1 | Earnings Share 1.83 | Revenue Per Share 39.004 | Quarterly Revenue Growth (0.29) |
The market value of Global Indemnity PLC is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.