Greenlight Capital Re Company Profile (NASDAQ:GLRE)

About Greenlight Capital Re (NASDAQ:GLRE)

Greenlight Capital Re logoGreenlight Capital Re, Ltd. is a holding company. The Company analyzes its underwriting operations using two categories: frequency business, which is characterized as contracts containing a number of small losses emanating from multiple events, and severity business, which is characterized as contracts with the potential for significant losses emanating from one event or multiple events. It conducts its reinsurance operations through two licensed and regulated reinsurance entities: Greenlight Reinsurance, Ltd. (Greenlight Re), based in the Cayman Islands, and Greenlight Reinsurance Ireland, Ltd. (GRIL), based in Ireland. Greenlight Re is engaged in writing property and casualty reinsurance business, as well as long term business, such as life insurance, long term disability and long term care, among others. GRIL is a non-life reinsurance undertaking. Verdant Holding Company, Ltd. makes strategic investments in a select group of property and casualty insurers, and general agents.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Accident & Health Insurance
  • Sub-Industry: Reinsurance
  • Symbol: NASDAQ:GLRE
  • CUSIP: G4095J10
  • Web: www.greenlightre.ky
Capitalization:
  • Market Cap: $761.86 million
  • Outstanding Shares: 37,438,000
Average Prices:
  • 50 Day Moving Avg: $21.00
  • 200 Day Moving Avg: $22.28
  • 52 Week Range: $18.79 - $24.10
P/E:
  • Trailing P/E Ratio: 31.36
  • Foreward P/E Ratio: 7.40
  • P/E Growth: 0.95
Sales & Book Value:
  • Annual Revenue: $608.66 million
  • Price / Sales: 1.25
  • Book Value: $23.60 per share
  • Price / Book: 0.86
Profitability:
  • EBIDTA: $49.74 million
  • Net Margins: -10.02%
  • Return on Equity: -5.61%
  • Return on Assets: -1.73%
Debt:
  • Current Ratio: 5.66%
  • Quick Ratio: 5.66%
Misc:
  • Average Volume: 122,668 shs.
  • Beta: 0.66
  • Short Ratio: 7.25
 

Frequently Asked Questions for Greenlight Capital Re (NASDAQ:GLRE)

What is Greenlight Capital Re's stock symbol?

Greenlight Capital Re trades on the NASDAQ under the ticker symbol "GLRE."

How were Greenlight Capital Re's earnings last quarter?

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) announced its earnings results on Thursday, November, 3rd. The company reported $0.80 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.92 by $0.12. The company had revenue of $145.55 million for the quarter, compared to the consensus estimate of $157.70 million. Greenlight Capital Re had a negative return on equity of 5.61% and a negative net margin of 10.02%. View Greenlight Capital Re's Earnings History.

Who are some of Greenlight Capital Re's key competitors?

Who owns Greenlight Capital Re stock?

Greenlight Capital Re's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.52%), Fiduciary Management Inc. WI (5.49%), Dimensional Fund Advisors LP (4.79%), Morgan Stanley (2.40%), BBR Partners LLC (1.93%) and FMR LLC (1.55%). Company insiders that own Greenlight Capital Re stock include Barton Hedges, Daniel Roitman, Ian Isaacs and Leonard R Goldberg. View Institutional Ownership Trends for Greenlight Capital Re.

Who sold Greenlight Capital Re stock? Who is selling Greenlight Capital Re stock?

Greenlight Capital Re's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FMR LLC, Fiduciary Management Inc. WI, Southeast Asset Advisors Inc., UBS Group AG, Wells Fargo & Company MN, Credit Suisse AG and TIAA CREF Investment Management LLC. Company insiders that have sold Greenlight Capital Re stock in the last year include Barton Hedges, Ian Isaacs and Leonard R Goldberg. View Insider Buying and Selling for Greenlight Capital Re.

Who bought Greenlight Capital Re stock? Who is buying Greenlight Capital Re stock?

Greenlight Capital Re's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Vanguard Group Inc., Morgan Stanley, Renaissance Technologies LLC, AXA, Citadel Advisors LLC, Schwab Charles Investment Management Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Greenlight Capital Re.

How do I buy Greenlight Capital Re stock?

Shares of Greenlight Capital Re can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Greenlight Capital Re stock cost?

One share of Greenlight Capital Re stock can currently be purchased for approximately $20.35.

Analyst Ratings

Consensus Ratings for Greenlight Capital Re (NASDAQ:GLRE) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A

Analysts' Ratings History for Greenlight Capital Re (NASDAQ:GLRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/1/2016Langen McalennReiterated RatingBuyN/AView Rating Details
6/1/2016Janney Montgomery ScottInitiated CoverageBuyN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Greenlight Capital Re (NASDAQ:GLRE)
Earnings by Quarter for Greenlight Capital Re (NASDAQ:GLRE)
Earnings History by Quarter for Greenlight Capital Re (NASDAQ:GLRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/201712/31/2016$1.52$1.31$184.60 million$188.74 millionViewN/AView Earnings Details
11/3/2016Q3 2016$0.92$0.80$157.70 million$145.55 millionViewN/AView Earnings Details
8/1/2016Q2($1.09)($1.69)$110.80 million$87.81 millionViewN/AView Earnings Details
5/2/2016Q1$0.81$0.77$166.28 millionViewN/AView Earnings Details
2/22/2016Q4($1.40)($1.17)$55.60 million$73.75 millionViewListenView Earnings Details
10/23/2015Q315($5.38)($5.98)($89.87) millionViewN/AView Earnings Details
8/3/2015Q215($0.60)($1.06)$71.81 million$67.62 millionViewN/AView Earnings Details
5/4/2015Q115($0.73)($0.65)$52.60 million$71.55 millionViewN/AView Earnings Details
2/17/2015Q414$1.61$1.60$160.40 million$148.04 millionViewN/AView Earnings Details
11/3/2014Q314($1.47)($1.40)$31.60 million$25.44 millionViewN/AView Earnings Details
8/4/2014Q2 14$3.01$2.89$201.77 millionViewN/AView Earnings Details
5/5/2014Q114($0.19)($0.24)$123.37 million$101.54 millionViewN/AView Earnings Details
2/18/2014$2.30$2.23ViewN/AView Earnings Details
5/6/2013Q1 2013$1.52ViewN/AView Earnings Details
2/19/2013Q4 2012($1.65)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Greenlight Capital Re (NASDAQ:GLRE)
2017 EPS Consensus Estimate: $1.64
2018 EPS Consensus Estimate: $2.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.27$0.27$0.27
Q2 20171$0.19$0.19$0.19
Q3 20171$0.54$0.54$0.54
Q4 20171$0.64$0.64$0.64
Q1 20181$0.65$0.65$0.65
Q2 20181$0.65$0.65$0.65
Q3 20181$0.50$0.50$0.50
Q4 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Greenlight Capital Re (NASDAQ:GLRE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Greenlight Capital Re (NASDAQ:GLRE)
Insider Ownership Percentage: 22.08%
Institutional Ownership Percentage: 43.47%
Insider Trades by Quarter for Greenlight Capital Re (NASDAQ:GLRE)
Institutional Ownership by Quarter for Greenlight Capital Re (NASDAQ:GLRE)
Insider Trades by Quarter for Greenlight Capital Re (NASDAQ:GLRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/4/2016Leonard R GoldbergDirectorSell5,700$20.62$117,534.00View SEC Filing  
9/14/2016Leonard R GoldbergDirectorSell5,555$20.31$112,822.05View SEC Filing  
9/7/2016Ian IsaacsDirectorSell12,000$21.45$257,400.00View SEC Filing  
8/24/2016Leonard R GoldbergDirectorSell5,695$21.00$119,595.00View SEC Filing  
8/12/2016Barton HedgesCEOSell50,000$20.39$1,019,500.00View SEC Filing  
8/3/2016Leonard R GoldbergDirectorSell5,145$19.85$102,128.25View SEC Filing  
7/13/2016Leonard R GoldbergDirectorSell5,296$20.13$106,608.48View SEC Filing  
6/22/2016Leonard R GoldbergDirectorSell5,091$19.79$100,750.89View SEC Filing  
6/2/2016Leonard R GoldbergDirectorSell4,657$20.25$94,304.25View SEC Filing  
5/6/2016Daniel RoitmanDirectorBuy40,000$21.01$840,400.00View SEC Filing  
11/4/2015Daniel RoitmanDirectorBuy10,000$21.93$219,300.00View SEC Filing  
7/15/2015Leonard R GoldbergDirectorSell10,062$29.80$299,847.60View SEC Filing  
7/2/2015Leonard R GoldbergDirectorSell9,907$29.22$289,482.54View SEC Filing  
6/17/2015Leonard R GoldbergDirectorSell10,213$30.65$313,028.45View SEC Filing  
6/2/2015Leonard R GoldbergDirectorSell10,166$30.53$310,367.98View SEC Filing  
5/4/2015Leonard R GoldbergDirectorSell10,127$30.32$307,050.64View SEC Filing  
4/22/2015Leonard R GoldbergDirectorSell10,177$30.37$309,075.49View SEC Filing  
4/2/2015Leonard R GoldbergDirectorSell10,344$31.38$324,594.72View SEC Filing  
3/18/2015Leonard R GoldbergDirectorSell9,867$32.36$319,296.12View SEC Filing  
3/3/2015Leonard R GoldbergDirectorSell9,928$32.70$324,645.60View SEC Filing  
2/3/2015Leonard R GoldbergDirectorSell9,677$31.80$307,728.60View SEC Filing  
1/14/2015Leonard R GoldbergDirectorSell9,810$31.59$309,897.90View SEC Filing  
1/2/2015Leonard R GoldbergDirectorSell9,900$32.41$320,859.00View SEC Filing  
11/20/2014Barton HedgesCEOSell15,856$31.64$501,683.84View SEC Filing  
11/14/2014Leonard R GoldbergDirectorSell7,826$31.79$248,788.54View SEC Filing  
11/13/2014Barton HedgesCEOSell16,054$32.22$517,259.88View SEC Filing  
10/2/2014Leonard R GoldbergDirectorSell7,767$31.22$242,485.74View SEC Filing  
8/4/2014Leonard R GoldbergDirectorSell7,929$32.65$258,881.85View SEC Filing  
7/2/2014Leonard R GoldbergDirectorSell7,982$32.80$261,809.60View SEC Filing  
6/18/2014Leonard R GoldbergDirectorSell8,033$33.41$268,382.53View SEC Filing  
6/16/2014Barton HedgesCEOSell2,500$33.36$83,400.00View SEC Filing  
6/3/2014Leonard R GoldbergDirectorSell7,857$32.25$253,388.25View SEC Filing  
5/20/2014Barton HedgesCEOSell15,812$31.51$498,236.12View SEC Filing  
5/14/2014Leonard R GoldbergDirectorSell7,888$32.06$252,889.28View SEC Filing  
5/13/2014Barton HedgesCEOSell16,071$32.64$524,557.44View SEC Filing  
5/9/2014Sherry DiazInsiderSell1,429$32.12$45,899.48View SEC Filing  
5/2/2014Leonard R GoldbergDirectorSell7,863$32.43$254,997.09View SEC Filing  
4/16/2014Leonard R GoldbergDirectorSell7,754$31.44$243,785.76View SEC Filing  
4/2/2014Leonard R GoldbergDirectorSell7,935$32.82$260,426.70View SEC Filing  
3/19/2014Leonard R GoldbergDirectorSell7,973$32.97$262,869.81View SEC Filing  
3/17/2014Barton HedgesCEOSell2,500$32.79$81,975.00View SEC Filing  
2/19/2014Leonard R GoldbergDirectorSell7,885$32.10$253,108.50View SEC Filing  
2/4/2014Leonard R GoldbergDirectorSell7,742$30.74$237,989.08View SEC Filing  
1/15/2014Leonard R GoldbergDirectorSell8,068$33.41$269,551.88View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Greenlight Capital Re (NASDAQ:GLRE)
Latest Headlines for Greenlight Capital Re (NASDAQ:GLRE)
Source:
DateHeadline
finance.yahoo.com logoGlass Lewis backs GM's board nominees, opposes Greenlight's proposal
finance.yahoo.com - May 26 at 6:06 PM
seekingalpha.com logoTracking David Einhorn's Portfolio - Q1 2017 Update
seekingalpha.com - May 17 at 10:29 AM
nasdaq.com logoNitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ...
www.nasdaq.com - May 16 at 11:31 AM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Downgraded by TheStreet to C+
www.americanbankingnews.com - May 13 at 4:36 PM
finance.yahoo.com logoGreenlight Capital Re Ltd. :GLRE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 5:37 PM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:28 PM
americanbankingnews.com logoLangen Mcalenn Comments on Greenlight Capital Re, Ltd.'s Q2 2017 Earnings (GLRE)
www.americanbankingnews.com - May 8 at 8:15 AM
americanbankingnews.com logoEquities Analysts Set Expectations for Greenlight Capital Re, Ltd.'s Q4 2017 Earnings (GLRE)
www.americanbankingnews.com - May 5 at 4:16 PM
thestreet.com logoGreenlight Capital Re Enters Oversold Territory (GLRE)
www.thestreet.com - May 4 at 5:37 PM
finance.yahoo.com logoGM says ratings agency info accurate after Greenlight posts term sheets
finance.yahoo.com - May 4 at 5:37 PM
americanbankingnews.com logoLangen Mcalenn Analysts Reduce Earnings Estimates for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - May 4 at 2:06 PM
finance.yahoo.com logoEdited Transcript of GLRE earnings conference call or presentation 3-May-17 1:00pm GMT
finance.yahoo.com - May 3 at 10:17 PM
americanbankingnews.com logoGreenlight Capital Re (GLRE) Receiving Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 6:08 PM
finance.yahoo.com logoGreenlight Capital's Einhorn: Tesla Investors Remain 'Hypnotized'
finance.yahoo.com - May 3 at 5:14 PM
finance.yahoo.com logoInvestor Network: Greenlight Capital Re, Ltd. to Host Earnings Call
finance.yahoo.com - May 3 at 9:11 AM
marketbeat.com logoGreenlight Capital Re posts 1Q profit
marketbeat.com - May 2 at 7:43 PM
reuters.com logoBRIEF-Greenlight Re reports Q1 earnings per share $0.22
www.reuters.com - May 2 at 7:15 PM
finance.yahoo.com logoGreenlight Re Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 2 at 7:15 PM
finance.yahoo.com logoEINHORN ON TESLA: 'We expect these bubbles to pop'
finance.yahoo.com - April 25 at 5:01 PM
finance.yahoo.com logoEinhorn's Greenlight Warns of Bubble With Tax Reform Prospects Fading
finance.yahoo.com - April 25 at 5:01 PM
finance.yahoo.com logoHedge fund manager David Einhorn is settling in for a 'tough fight' with GM
finance.yahoo.com - April 25 at 5:01 PM
americanbankingnews.com logoPositive Press Coverage Somewhat Unlikely to Affect Greenlight Capital Re (GLRE) Stock Price
www.americanbankingnews.com - April 24 at 3:48 PM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 22 at 7:47 PM
americanbankingnews.com logoGreenlight Capital Re (GLRE) Earning Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 6:59 PM
globenewswire.com logoGreenlight Capital Re to Release First Quarter 2017 Results
globenewswire.com - April 20 at 5:34 PM
americanbankingnews.com logoResearch Analysts Offer Predictions for Greenlight Capital Re, Ltd.'s FY2017 Earnings (GLRE)
www.americanbankingnews.com - April 20 at 1:18 PM
finance.yahoo.com logoGreenlight Capital Re to Release First Quarter 2017 Results
finance.yahoo.com - April 20 at 12:06 PM
americanbankingnews.com logoQ1 2017 Earnings Estimate for Greenlight Capital Re, Ltd. (GLRE) Issued By Langen Mcalenn
www.americanbankingnews.com - April 19 at 7:28 AM
americanbankingnews.com logoGreenlight Capital Re (GLRE) Receives News Impact Score of 0.10
www.americanbankingnews.com - April 17 at 11:21 AM
finance.yahoo.com logo[$$] David Einhorn Ratchets Up Pressure on GM
finance.yahoo.com - April 12 at 10:32 PM
finance.yahoo.com logoEinhorn's Greenlight Claims GM Misled Credit Raters on Stock
finance.yahoo.com - April 12 at 5:31 PM
finance.yahoo.com logoIs David Einhorn Being A Backseat Driver Or Does He Have A Point About GM?
finance.yahoo.com - April 12 at 5:31 PM
finance.yahoo.com logoDavid Einhorn's fund accuses GM of misleading rating agencies about his two-stock plan
finance.yahoo.com - April 12 at 5:31 PM
finance.yahoo.com logoGreenlight Capital Files Proxy to Nominate 3 Members to GM Board
finance.yahoo.com - April 12 at 9:39 AM
finance.yahoo.com logo[$$] Einhorn Ratchets Up His Pressure on GM
finance.yahoo.com - April 12 at 9:39 AM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Sees Large Growth in Short Interest
www.americanbankingnews.com - April 5 at 11:45 AM
wsj.com logo[$$] GM Under Pressure From Investor David Einhorn to Split Stock in Two Classes
www.wsj.com - March 28 at 10:09 PM
uk.finance.yahoo.com logoActivist targets GM share structure, board
us.rd.yahoo.com - March 28 at 5:07 PM
us.rd.yahoo.com logoGreenlight's Einhorn says supportive of GM's Barra - CNBC
us.rd.yahoo.com - March 28 at 5:07 PM
us.rd.yahoo.com logoGreenlight's Einhorn says supportive of GM's Barra: CNBC
us.rd.yahoo.com - March 28 at 5:07 PM
us.rd.yahoo.com logoGreenlight Capital's Einhorn explains why two GM stock classes would better serve investors
us.rd.yahoo.com - March 28 at 5:07 PM
wsj.com logoWhy David Einhorn Wants Two Flavors of GM Shares
us.rd.yahoo.com - March 28 at 5:07 PM
us.rd.yahoo.com logo[$$] General Motors: Project Greenlight
us.rd.yahoo.com - March 28 at 5:07 PM
wsj.com logo[$$] GM Under Pressure by Einhorn to Split Stock in Two Classes
www.wsj.com - March 28 at 11:36 AM
finance.yahoo.com logoEinhorn's Greenlight Capital urges GM to create two share classes
finance.yahoo.com - March 28 at 11:36 AM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Upgraded at TheStreet
www.americanbankingnews.com - March 19 at 9:13 PM
finance.yahoo.com logoGREENLIGHT CAPITAL RE, LTD. Financials
finance.yahoo.com - February 28 at 5:37 PM
biz.yahoo.com logoGREENLIGHT CAPITAL RE, LTD. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
us.rd.yahoo.com - February 24 at 10:59 AM
finance.yahoo.com logoEdited Transcript of GLRE earnings conference call or presentation 23-Feb-17 2:00pm GMT
finance.yahoo.com - February 23 at 10:28 PM
seekingalpha.com logoGreenlight Capital Re's (GLRE) CEO Bart Hedges on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 5:28 PM

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Chart

Greenlight Capital Re (GLRE) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff