Greenlight Capital Re (GLRE) Scheduled to Post Earnings on Wednesday

Greenlight Capital Re (NASDAQ:GLRE - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Greenlight Capital Re (NASDAQ:GLRE - Get Free Report) last announced its earnings results on Tuesday, March 5th. The financial services provider reported $0.50 EPS for the quarter. The business had revenue of $143.01 million for the quarter. Greenlight Capital Re had a return on equity of 15.48% and a net margin of 13.32%.

Greenlight Capital Re Stock Down 0.5 %

NASDAQ GLRE traded down $0.06 on Friday, reaching $12.47. The company had a trading volume of 33,988 shares, compared to its average volume of 74,857. The firm has a 50-day moving average of $12.23 and a 200-day moving average of $11.59. The firm has a market capitalization of $440.94 million, a PE ratio of 5.24 and a beta of 0.80. Greenlight Capital Re has a 1 year low of $9.48 and a 1 year high of $12.89. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.29 and a quick ratio of 3.29.

Insider Buying and Selling at Greenlight Capital Re

In other news, Director Ian Isaacs sold 9,019 shares of the business's stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $12.00, for a total value of $108,228.00. Following the completion of the sale, the director now owns 87,591 shares of the company's stock, valued at approximately $1,051,092. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 27.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Greenlight Capital Re from a "hold" rating to a "buy" rating in a research report on Monday, January 29th.

About Greenlight Capital Re

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.