GBLI - Global Indemnity Ltd Stock Price, Fair Value and News

31.36USD-1.14 (-3.51%)Market Closed

Market Summary

USD31.36-1.14

Market Closed

-3.51%

GBLI Stock Price

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GBLI RSI Chart

GBLI Valuation

Market Cap

425.0M

Price/Earnings (Trailing)

16.71

Price/Sales (Trailing)

0.81

EV/EBITDA

9.88

Price/Free Cashflow

9.91

GBLI Price/Sales (Trailing)

GBLI Profitability

EBT Margin

6.32%

Return on Equity

3.92%

Return on Assets

1.47%

Free Cashflow Yield

10.09%

GBLI Fundamentals

GBLI Revenue

Revenue (TTM)

521.8M

Rev. Growth (Yr)

-23.77%

Rev. Growth (Qtr)

-8.27%

GBLI Earnings

Earnings (TTM)

25.4M

Earnings Growth (Yr)

152.16%

Earnings Growth (Qtr)

-23.4%

Breaking Down GBLI Revenue

Last 7 days

-3.5%

Last 30 days

8.1%

Last 90 days

5.3%

Trailing 12 Months

14.8%

How does GBLI drawdown profile look like?

GBLI Financial Health

GBLI Investor Care

Dividend Yield

3.19%

Dividend/Share (TTM)

Buy Backs (1Y)

6.41%

Diluted EPS (TTM)

1.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	652.9M	626.3M	557.8M	521.8M
2022	651.0M	642.3M	669.9M	632.5M
2021	654.7M	640.3M	647.4M	678.3M
2020	559.9M	592.6M	610.2M	583.5M
2019	501.4M	519.5M	523.7M	595.4M
2018	481.2M	492.2M	510.2M	498.9M
2017	533.6M	528.9M	510.9M	485.5M
2016	530.5M	507.0M	521.1M	534.5M
2015	391.7M	423.1M	471.4M	538.8M
2014	322.5M	364.7M	365.8M	333.8M
2013	287.6M	288.2M	289.6M	319.1M
2012	348.1M	318.2M	300.0M	293.0M
2011	384.7M	390.9M	396.4M	385.0M
2010	0	381.9M	376.0M	370.1M
2009	0	0	0	387.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Global Indemnity Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	fox saul a	acquired	178,563	29.88	5,976	-
Mar 31, 2024	hurwitz jason b	acquired	99,978	29.88	3,346	-
Mar 31, 2024	donner fred robert	acquired	128,962	29.88	4,316	-
Mar 31, 2024	tolman gary charles	acquired	119,042	29.88	3,984	-
Mar 31, 2024	gersch seth	acquired	158,752	29.88	5,313	-
Mar 31, 2024	karlinsky fred evan	acquired	74,998	29.88	2,510	-
Dec 29, 2023	donner fred robert	acquired	128,982	31.05	4,154	-
Dec 29, 2023	karlinsky fred evan	acquired	21,983	31.05	708	-
Dec 29, 2023	gersch seth	acquired	144,693	31.05	4,660	-
Dec 29, 2023	hurwitz jason b	acquired	91,193	31.05	2,937	-

Which funds bought or sold GBLI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	reduced	-19.23	-19,711	64,113	0.03%
Apr 15, 2024	Ellsworth Advisors, LLC	sold off	-100	-388,719	-	-%
Feb 15, 2024	BARCLAYS PLC	unchanged	-	-	-	-%
Feb 15, 2024	State of Wyoming	sold off	-100	-23,152	-	-%
Feb 14, 2024	RBF Capital, LLC	unchanged	-	-439,882	6,721,230	0.41%
Feb 14, 2024	DEUTSCHE BANK AG\	sold off	-100	-137	-	-%
Feb 14, 2024	AMERIPRISE FINANCIAL INC	added	1.23	-493,539	9,407,470	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	unchanged	-	-6,308	96,398	-%
Feb 14, 2024	Cove Street Capital, LLC	reduced	-9.66	-760,817	2,984,420	0.91%
Feb 14, 2024	Richmond Hill Investments, LLC	unchanged	-	-5,058,150	77,286,600	38.17%

Are Funds Buying or Selling GBLI?

Are funds buying GBLI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GBLI

No. of Funds

Unveiling Global Indemnity Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	hotchkis & wiley capital management llc	10.39%	1,012,663	SC 13G/A
Feb 14, 2023	hotchkis & wiley capital management llc	9.54%	1,017,213	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	4.4%	470,486	SC 13G/A
Feb 07, 2023	berkley w r corp	8.6%	919,661	SC 13G
Oct 28, 2022	harbert fund advisors, inc.	3.05%	324,764	SC 13D/A
Feb 11, 2022	hotchkis & wiley capital management llc	9.85%	1,037,913	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	6.9%	726,059	SC 13G/A
Jan 06, 2022	harbert fund advisors, inc.	6.7%	706,602	SC 13D/A
Nov 30, 2021	fox paine international gp ltd	26.1%	3,774,267	SC 13D/A
Aug 12, 2021	harbert fund advisors, inc.	8.1%	849,985	SC 13D/A

Recent SEC filings of Global Indemnity Ltd

View All Filings

Date Filed	Form Type	Document
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 27, 2024	3	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 22, 2024	3	Insider Trading
Mar 22, 2024	3	Insider Trading

Peers (Alternatives to Global Indemnity Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-2.55%	3152.72%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.3B	10.1B	-3.58%	14.29%	52.91	5.1	17.79%	-12.97%
AIG	51.1B	46.8B	-2.09%	47.18%	14.02	1.09	-14.05%	-64.38%
TRV	48.9B	42.9B	-5.35%	20.38%	15.57	1.14	13.52%	12.15%
AFL	48.6B	18.7B	-0.62%	28.14%	10.44	2.6	-2.30%	5.45%
ACGL	34.9B	13.6B	2.42%	28.38%	7.85	2.56	41.83%	201.02%
AFG	10.8B	7.8B	-3.33%	8.21%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	10.0B	12.4B	-2.20%	29.55%	7.75	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-2.47%	51.84%	14.32	0.83	9.21%	132.28%
LNC	4.9B	11.6B	-4.15%	40.05%	-6.46	0.42	-38.09%	-155.38%
AEL	4.4B	2.8B	-0.21%	50.85%	21.12	1.57	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-3.50%	9.50%	-18.22	1.35	24.25%	-115.79%
AMSF	974.4M	306.9M	3.35%	-3.65%	15.69	3.18	4.11%	11.70%
AMBC	657.1M	269.0M	-4.02%	-5.70%	146.03	2.44	-46.68%	-99.14%
AAME	39.0M	186.8M	-31.29%	-16.04%	-227.89	0.21	-0.56%	-111.21%

Global Indemnity Ltd News

Latest updates

Global Indemnity Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-8.3%	115,630	126,061	129,156	150,914	151,691	194,583	155,749	130,456	189,153	166,988	164,395	157,732	158,273	159,913	178,761	86,600	184,962	142,234	146,139	122,089	113,261
EBITDA Margin	27.8%	0.08*	0.06*	0.09*	0.05*	0.02*	0.07*	0.01*	0.05*	0.08*	0.04*	0.02*	0.08*	-0.01*	0.05*	0.10*	0.05*	0.18*	-0.03*	-0.04*	-0.06*	-0.10*
Interest Expenses	-Infinity%	-12.00	-	12.00	-	-500*	-	410	2,595	2,594	2,596	2,696	2,595	2,595	3,620	4,712	4,865	4,934	5,023	5,042	5,023	4,969
Income Taxes	61.1%	2,840	1,763	2,371	573	-578	7,438	-626	-3,413	4,567	-1,759	844	-203	68.00	-3,209	7,005	-11,969	6,579	-317	1,186	4,294	-13,285
Earnings Before Taxes	-7.7%	8,738	9,463	11,708	3,067	1,761	31,184	-12,788	-18,186	29,742	-9,472	7,219	5,314	1,259	-18,379	44,556	-56,547	35,610	6,404	15,849	23,894	-86,602
EBT Margin	35.6%	0.06*	0.05*	0.08*	0.04*	0.00*	0.04*	-0.02*	0.01*	0.05*	0.01*	-0.01*	0.05*	-0.05*	0.01*	0.05*	0.00*	0.14*	-0.08*	-0.09*	-0.11*	-0.15*
Net Income	-23.4%	5,898	7,700	9,337	2,494	2,339	23,746	-12,162	-14,773	25,175	-7,713	6,375	5,517	1,081	-15,170	37,551	-44,578	29,031	6,721	14,663	19,600	-73,317
Net Income Margin	24.3%	0.05*	0.04*	0.06*	0.03*	0.00*	0.03*	-0.01*	0.01*	0.04*	0.01*	0.00*	0.04*	-0.04*	0.01*	0.05*	0.01*	0.12*	-0.06*	-0.07*	-0.09*	-0.11*
Free Cashflow	-72.8%	6,134	22,581	8,845	5,326	2,487	23,290	28,521	-10,062	24,745	18,566	36,116	11,372	-1,266	-18,474	31,626	20,784	-13,554	49,065	20,055	-23,190	-3,802

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.2%	1,730	1,768	1,774	1,777	1,801	1,879	1,862	1,959	2,013	1,951	1,937	1,898	1,905	1,940	2,113	2,029	2,076	2,084	2,015	1,985	1,960
Cash Equivalents	-18.1%	38.00	46.00	45.00	36.00	39.00	19.00	60.00	158	78.00	41.00	49.00	47.00	67.00	37.00	76.00	60.00	44.00	78.00	56.00	38.00	99.00
Goodwill	0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Liabilities	-5.0%	1,081	1,137	1,148	1,149	1,175	1,236	1,220	1,290	1,306	1,255	1,228	1,201	1,187	1,219	1,378	1,354	1,349	1,377	1,321	1,317	1,331
Long Term Debt	-	-	-	-	-	-	-	-	126	126	126	126	126	126	126	298	295	297	297	292	295	289
Shareholder's Equity	2.9%	649	631	238	452	626	644	644	231	707	695	448	446	34.00	721	256	13.00	442	707	242	668	438
Retained Earnings	1.0%	245	243	238	233	233	235	215	231	249	228	239	237	235	238	256	223	271	245	242	231	215
Additional Paid-In Capital	0.1%	455	454	453	452	451	451	450	448	447	449	448	446	445	443	445	444	442	441	440	439	438
Shares Outstanding	0.0%	14.00	14.00	13.00	14.00	14.00	15.00	15.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00
Float	-	-	-	231	-	-	-	211	-	-	-	214	-	-	-	207	-	-	-	259	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-72.8%	6,134	22,581	8,845	5,326	2,487	23,290	28,521	-10,062	24,745	18,566	36,116	11,372	-1,266	-18,474	31,626	20,784	-13,554	49,065	20,055	-23,190	-3,802
Share Based Compensation	-62.1%	375	989	1,042	1,080	162	1,091	1,786	860	-1,370	972	1,605	1,148	1,617	2,388	1,531	1,238	1,708	988	924	601	1,058
Cashflow From Investing	64.2%	-7,686	-21,448	10,658	2,146	43,165	-64,025	7,430	93,564	16,665	-23,360	-30,585	-27,239	35,116	153,452	-14,299	316	-12,514	-32,246	4,355	-39,839	59,811
Cashflow From Financing	-6155.5%	-6,881	-110	-9,793	-10,581	-25,697	-216	-134,005	-3,884	-3,710	-3,733	-3,891	-4,027	-3,702	-174,160	-685	-5,620	-7,842	5,147	-6,069	1,406	2,842
Dividend Payments	-	6,771	-	3,558	3,919	7,005	106	3,601	3,654	3,589	3,623	3,585	3,634	3,569	3,563	3,565	3,555	7,092	5.00	3,530	3,595	3,517
Buy Backs	-	-	-	6,125	6,552	21,921	-	294	120	11.00	-	196	283	-	10.00	-	143	-	-	-2.00	949	54.00

GBLI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Revenues:

Gross written premiums

$ 416,397

$ 727,603

$ 682,122

Ceded written premiums

(17,078)

(136,272)

(102,054)

Net written premiums

399,319

591,331

580,068

Change in net unearned premiums

74,038

11,140

15,542

Net earned premiums

473,357

602,471

595,610

Net investment income

55,444

27,627

37,020

Net realized investment gains (losses)

(2,107)

(32,929)

15,887

Other income

1,435

31,365

29,751

Total revenues

528,129

628,534

678,268

Losses and Expenses:

Net losses and loss adjustment expenses

289,153

359,228

384,964

Acquisition costs and other underwriting expenses

182,617

236,381

222,841

Corporate and other operating expenses

23,383

24,421

27,179

Interest expense

3,004

10,481

Loss on extinguishment of debt

3,529

Income before income taxes

32,976

1,971

32,803

Income tax expense

7,547

2,821

3,449

Net income (loss)

25,429

(850)

29,354

Less: preferred stock distributions

440

Net income (loss) available to common shareholders

$ 24,989

$ (1,290)

$ 28,914

Net income (loss) available to common shareholders

Basic

^[1]

$ 1.84

$ (0.09)

$ 2

Diluted

^[1]

$ 1.83

$ (0.09)

$ 1.97

Weighted-average number of shares outstanding

Basic

13,553,168

14,482,164

14,426,739

Diluted

13,666,408

14,482,164

14,664,330

Cash distributions declared per common share

$ 1

$ 1.00

[1]	For the year ended December 31, 2022, “weighted average shares outstanding - basic” was used to calculate “diluted earnings per share” due to a net loss for the period.

GBLI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Fixed maturities:

Available for sale, at fair value (amortized cost: $1,322,092 and $1,301,723; net of allowance for expected credit losses of: $0 at December 31, 2023 and 2022

$ 1,293,793

$ 1,248,198

Equity securities, at fair value

16,508

17,520

Other invested assets

38,236

38,176

Total investments

1,348,537

1,303,894

Cash and cash equivalents

38,037

38,846

Premium receivables, net of allowance for expected credit losses of $4,796 and $3,322 at December 31, 2023 and 2022, respectively

102,158

168,743

Reinsurance receivables, net of allowance for expected credit losses of $8,992 at December 31, 2023 and 2022

80,439

85,721

Funds held by ceding insurers

16,989

19,191

Deferred federal income taxes

36,802

47,099

Deferred acquisition costs

42,445

64,894

Intangible assets

14,456

14,810

Goodwill

4,820

Prepaid reinsurance premiums

4,958

17,421

Receivable For Securities Sold

3,858

Lease right of use assets

9,715

11,739

Other assets

26,362

23,597

Total assets

1,729,576

1,800,775

Liabilities:

Unpaid losses and loss adjustment expenses

850,599

832,404

Unearned premiums

182,852

269,353

Ceded balances payable

2,642

17,241

Payable for securities purchased

Federal income tax payable

1,595

Contingent commissions

5,632

8,816

Lease liabilities

12,733

^[1]

15,701

Other liabilities

24,770

30,965

Total liabilities

1,080,823

1,174,546

Commitments and contingencies (Note 17)

Shareholders’ equity:

Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 11,042,670 and 10,876,041, respectively; class A common shares outstanding: 9,771,429 and 10,073,660, respectively; class B common shares issued and outstanding: 3,793,612 and 3,793,612, respectively

Additional paid-in capital

454,791

451,305

Accumulated other comprehensive income (loss), net of tax

(22,863)

(43,058)

Retained earnings

244,988

233,468

Total shareholders’ equity

648,753

626,229

Total liabilities and shareholders’ equity

1,729,576

1,800,775

Series A Cumulative Fixed Rate Preferred Shares

Shareholders’ equity:

Series A cumulative fixed rate preferred shares, $1,000 par value; 100,000,000 shares authorized, shares issued and outstanding: 4,000 and 4,000 shares, respectively, liquidation preference: $1,000 per share and $1,000 per share, respectively

4,000

Class A Common Shares

Shareholders’ equity:

Class A common shares in treasury, at cost: 1,271,241 and 802,381 shares, respectively

$ (32,163)

$ (19,486)

[1]	Includes future minimum lease payments of $3.2 million on leases that have been impaired because the property is no longer in use.

About Global Indemnity Ltd

Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Commercial Specialty and Reinsurance Operations. The Commercial Specialty segment distributes property and casualty insurance products; and general liability products for small commercial businesses through a network of wholesale general agents. The Reinsurance Operations segment provides third-party treaty reinsurance for casualty insurance and reinsurance companies, as well as professional liability products to companies through brokers. The company was founded in 2003 and is based in Wilmington, Delaware.

CEO	Mr. Joseph Warner Brown Jr.
WEBSITE	https://gbli.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	355

Global Indemnity Ltd Frequently Asked Questions

What is the ticker symbol for Global Indemnity Ltd? What does GBLI stand for in stocks?

GBLI is the stock ticker symbol of Global Indemnity Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Global Indemnity Ltd (GBLI)?

As of Wed Apr 24 2024, market cap of Global Indemnity Ltd is 425.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GBLI stock?

You can check GBLI's fair value in chart for subscribers.

What is the fair value of GBLI stock?

You can check GBLI's fair value in chart for subscribers. The fair value of Global Indemnity Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Global Indemnity Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GBLI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Global Indemnity Ltd a good stock to buy?

The fair value guage provides a quick view whether GBLI is over valued or under valued. Whether Global Indemnity Ltd is cheap or expensive depends on the assumptions which impact Global Indemnity Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GBLI.

What is Global Indemnity Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, GBLI's PE ratio (Price to Earnings) is 16.71 and Price to Sales (PS) ratio is 0.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GBLI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Global Indemnity Ltd's stock?

In the past 10 years, Global Indemnity Ltd has provided 0.034 (multiply by 100 for percentage) rate of return.