About Greenlight Capital Re (NASDAQ:GLRE)
Greenlight Capital Re, Ltd., through its subsidiaries, engages in the provision of property and casualty reinsurance products and services worldwide. Its frequency business comprises contracts containing small losses emanating from multiple events and enables the clients to increase their underwriting capacity; and severity business includes contracts with the potential for significant losses emanating from one event or various events. The company offers various property reinsurance products and services that include commercial, motor, and personal; casualty reinsurance products and services, which include general liability, motor, professional, and worker's compensation; and specialty reinsurance products and services that include accident and health, financial, marine, and other products. It markets its products through reinsurance brokers. The company was founded in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
SymbolNASDAQ:GLRE
CUSIPG4095J10
Phone34-59-434-57
Debt
Debt-to-Equity RatioN/A
Current Ratio4.26%
Quick Ratio4.26%
Price-To-Earnings
Trailing P/E Ratio-12.85
Forward P/E Ratio-5.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$645.67 million
Price / Sales0.90
Cash FlowN/A
Price / CashN/A
Book Value$22.60 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-44,950,000.00
Net Margins-6.96%
Return on Equity-5.14%
Return on Assets-1.43%
Miscellaneous
Employees40
Outstanding Shares37,360,000
Greenlight Capital Re (NASDAQ:GLRE) Frequently Asked Questions
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) issued its quarterly earnings data on Tuesday, February, 20th. The financial services provider reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.55) by $0.47. The financial services provider earned $124.54 million during the quarter, compared to analyst estimates of $157.50 million. Greenlight Capital Re had a negative return on equity of 5.14% and a negative net margin of 6.96%. View Greenlight Capital Re's Earnings History.
When is Greenlight Capital Re's next earnings date?
What price target have analysts set for GLRE?
1 analysts have issued twelve-month price objectives for Greenlight Capital Re's shares. Their predictions range from $25.00 to $25.00. On average, they expect Greenlight Capital Re's share price to reach $25.00 in the next year. View Analyst Ratings for Greenlight Capital Re.
Who are some of Greenlight Capital Re's key competitors?
Some companies that are related to Greenlight Capital Re include Horace Mann Educators (HMN), Navigators Group (NAVG), Third Point Reinsurance (TPRE), Employers (EIG), Infinity Property & Casualty (IPCC), State Auto Financial (STFC), United Fire & Casualty (UFCS), Safety Insurance Group (SAFT), Kinsale Capital Group (KNSL), Universal Insurance (UVE), James River Group (JRVR), AMERISAFE (AMSF), TCP Capital (TCPC), United Insurance (UIHC) and Maiden (MHLD).
Who are Greenlight Capital Re's key executives?
Greenlight Capital Re's management team includes the folowing people:
- Mr. Tim Courtis, Chief Financial Officer (Age 56)
- Mr. Brendan Barry, Chief Underwriting Officer (Age 46)
- Mr. David Michael Einhorn, Chairman (Age 49)
- Mr. Simon Burton, CEO & Director (Age 48)
- Mr. Michael J. Belfatti, Chief Operating Officer (Age 47)
Has Greenlight Capital Re been receiving favorable news coverage?
News coverage about GLRE stock has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Greenlight Capital Re earned a news sentiment score of 0.09 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 46.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Greenlight Capital Re's major shareholders?
Greenlight Capital Re's stock is owned by many different of institutional and retail investors. Top institutional investors include
MORGAN STANLEY
(5.00%). Company insiders that own Greenlight Capital Re stock include Barton Hedges, Daniel Roitman, Ian Isaacs, Laura Accurso, Leonard R Goldberg and Sherry Diaz. View Institutional Ownership Trends for Greenlight Capital Re.
How do I buy shares of Greenlight Capital Re?
Shares of GLRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Greenlight Capital Re's stock price today?
One share of GLRE stock can currently be purchased for approximately $15.55.
How big of a company is Greenlight Capital Re?
Greenlight Capital Re has a market capitalization of $588.36 million and generates $645.67 million in revenue each year. The financial services provider earns $-44,950,000.00 in net income (profit) each year or ($1.21) on an earnings per share basis. Greenlight Capital Re employs 40 workers across the globe.
How can I contact Greenlight Capital Re?
Greenlight Capital Re's mailing address is 65 MARKET STREET SUITE 1207 CAMANA BAY P.O. BOX 31110, GRAND CAYMAN E9, KY1-1205. The financial services provider can be reached via phone at 34-59-434-57 or via email at [email protected]
MarketBeat Community Rating for Greenlight Capital Re (GLRE)
MarketBeat's community ratings are surveys of what our community members think about Greenlight Capital Re and other stocks. Vote "Outperform" if you believe GLRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
Greenlight Capital Re (NASDAQ:GLRE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for Greenlight Capital Re in the last 12 months. Their average twelve-month price target is $25.00, suggesting that the stock has a possible upside of 60.77%. The high price target for GLRE is $25.00 and the low price target for GLRE is $25.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | N/A | N/A |
| Consensus Rating Score: | 3.00 | 3.00 | N/A | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.00 | $25.00 | N/A | N/A |
| Price Target Upside: | 60.77% upside | 51.52% upside | N/A | N/A |
Greenlight Capital Re (NASDAQ:GLRE) Consensus Price Target History
Greenlight Capital Re (NASDAQ:GLRE) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/23/2018 | UBS | Reiterated Rating | Buy -> Buy | $27.00 -> $25.00 | High |  |
| 6/1/2016 | Langen Mcalenn | Reiterated Rating | Buy | | N/A | |
| 6/1/2016 | Janney Montgomery Scott | Initiated Coverage | Buy | | N/A | |
(Data available from 4/25/2016 forward)
Greenlight Capital Re (NASDAQ:GLRE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Greenlight Capital Re (NASDAQ GLRE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 21.38%
Institutional Ownership Percentage: 49.48%
Greenlight Capital Re (NASDAQ GLRE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/6/2018 | Daniel Roitman | Insider | Buy | 35,000 | $16.49 | $577,150.00 | 270,117 | |
| 3/5/2018 | Laura Accurso | General Counsel | Sell | 12,000 | $16.51 | $198,120.00 | 11,848 | |
| 8/15/2017 | Leonard R Goldberg | Director | Sell | 1,754 | $22.76 | $39,921.04 | 170,021 | |
| 8/9/2017 | Sherry Diaz | Insider | Sell | 3,055 | $23.00 | $70,265.00 | 33,500 | |
| 8/2/2017 | Leonard R Goldberg | Director | Sell | 1,659 | $22.75 | $37,742.25 | 170,021 | |
| 7/5/2017 | Leonard R Goldberg | Director | Sell | 1,078 | $21.19 | $22,842.82 | 170,021 | |
| 6/5/2017 | Leonard R Goldberg | CEO | Sell | 520 | $20.28 | $10,545.60 | 170,021 | |
| 10/4/2016 | Leonard R Goldberg | Director | Sell | 5,700 | $20.62 | $117,534.00 | 168,361 | |
| 9/14/2016 | Leonard R Goldberg | Director | Sell | 5,555 | $20.31 | $112,822.05 | 168,361 | |
| 9/7/2016 | Ian Isaacs | Director | Sell | 12,000 | $21.45 | $257,400.00 | 42,830 | |
| 8/24/2016 | Leonard R Goldberg | Director | Sell | 5,695 | $21.00 | $119,595.00 | 168,361 | |
| 8/12/2016 | Barton Hedges | CEO | Sell | 50,000 | $20.39 | $1,019,500.00 | 274,262 | |
| 8/3/2016 | Leonard R Goldberg | Director | Sell | 5,145 | $19.85 | $102,128.25 | 168,361 | |
| 7/13/2016 | Leonard R Goldberg | Director | Sell | 5,296 | $20.13 | $106,608.48 | 168,361 | |
| 6/22/2016 | Leonard R Goldberg | Director | Sell | 5,091 | $19.79 | $100,750.89 | 168,361 | |
| 6/2/2016 | Leonard R Goldberg | Director | Sell | 4,657 | $20.25 | $94,304.25 | 166,361 | |
| 5/6/2016 | Daniel Roitman | Director | Buy | 40,000 | $21.01 | $840,400.00 | 230,117 | |
| 11/4/2015 | Daniel Roitman | Director | Buy | 10,000 | $21.93 | $219,300.00 | 210,117 | |
| 7/15/2015 | Leonard R Goldberg | Director | Sell | 10,062 | $29.80 | $299,847.60 | | |
| 7/2/2015 | Leonard R Goldberg | Director | Sell | 9,907 | $29.22 | $289,482.54 | | |
| 6/17/2015 | Leonard R Goldberg | Director | Sell | 10,213 | $30.65 | $313,028.45 | | |
| 6/2/2015 | Leonard R Goldberg | Director | Sell | 10,166 | $30.53 | $310,367.98 | | |
| 5/4/2015 | Leonard R Goldberg | Director | Sell | 10,127 | $30.32 | $307,050.64 | | |
| 4/22/2015 | Leonard R Goldberg | Director | Sell | 10,177 | $30.37 | $309,075.49 | | |
| 4/2/2015 | Leonard R Goldberg | Director | Sell | 10,344 | $31.38 | $324,594.72 | | |
| 3/18/2015 | Leonard R Goldberg | Director | Sell | 9,867 | $32.36 | $319,296.12 | | |
| 3/3/2015 | Leonard R Goldberg | Director | Sell | 9,928 | $32.70 | $324,645.60 | | |
| 2/3/2015 | Leonard R Goldberg | Director | Sell | 9,677 | $31.80 | $307,728.60 | | |
| 1/14/2015 | Leonard R Goldberg | Director | Sell | 9,810 | $31.59 | $309,897.90 | | |
| 1/2/2015 | Leonard R Goldberg | Director | Sell | 9,900 | $32.41 | $320,859.00 | | |
| 11/20/2014 | Barton Hedges | CEO | Sell | 15,856 | $31.64 | $501,683.84 | | |
| 11/14/2014 | Leonard R Goldberg | Director | Sell | 7,826 | $31.79 | $248,788.54 | | |
| 11/13/2014 | Barton Hedges | CEO | Sell | 16,054 | $32.22 | $517,259.88 | | |
| 10/2/2014 | Leonard R Goldberg | Director | Sell | 7,767 | $31.22 | $242,485.74 | | |
| 8/4/2014 | Leonard R Goldberg | Director | Sell | 7,929 | $32.65 | $258,881.85 | | |
| 7/2/2014 | Leonard R Goldberg | Director | Sell | 7,982 | $32.80 | $261,809.60 | | |
| 6/18/2014 | Leonard R Goldberg | Director | Sell | 8,033 | $33.41 | $268,382.53 | | |
| 6/16/2014 | Barton Hedges | CEO | Sell | 2,500 | $33.36 | $83,400.00 | | |
| 6/3/2014 | Leonard R Goldberg | Director | Sell | 7,857 | $32.25 | $253,388.25 | | |
| 5/20/2014 | Barton Hedges | CEO | Sell | 15,812 | $31.51 | $498,236.12 | | |
| 5/14/2014 | Leonard R Goldberg | Director | Sell | 7,888 | $32.06 | $252,889.28 | | |
| 5/13/2014 | Barton Hedges | CEO | Sell | 16,071 | $32.64 | $524,557.44 | | |
| 5/9/2014 | Sherry Diaz | Insider | Sell | 1,429 | $32.12 | $45,899.48 | | |
| 5/2/2014 | Leonard R Goldberg | Director | Sell | 7,863 | $32.43 | $254,997.09 | | |
| 4/16/2014 | Leonard R Goldberg | Director | Sell | 7,754 | $31.44 | $243,785.76 | | |
| 4/2/2014 | Leonard R Goldberg | Director | Sell | 7,935 | $32.82 | $260,426.70 | | |
| 3/19/2014 | Leonard R Goldberg | Director | Sell | 7,973 | $32.97 | $262,869.81 | | |
| 3/17/2014 | Barton Hedges | CEO | Sell | 2,500 | $32.79 | $81,975.00 | | |
| 2/19/2014 | Leonard R Goldberg | Director | Sell | 7,885 | $32.10 | $253,108.50 | | |
| 2/4/2014 | Leonard R Goldberg | Director | Sell | 7,742 | $30.74 | $237,989.08 | | |
| 1/15/2014 | Leonard R Goldberg | Director | Sell | 8,068 | $33.41 | $269,551.88 | | |
(Data available from 1/1/2013 forward)
Greenlight Capital Re (NASDAQ GLRE) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Greenlight's Einhorn says shorting shares of Assured Guaranty
finance.yahoo.com - April 24 at 9:39 AM |
 | Analysts Anticipate Greenlight Capital Re, Ltd. (GLRE) to Post ($4.32) Earnings Per Share
www.americanbankingnews.com - April 23 at 9:30 AM |
| Greenlight Capital Re (GLRE) to Release Earnings on Monday
www.americanbankingnews.com - April 23 at 6:20 AM |
| Greenlight Capital Re (GLRE) Upgraded to "Hold" by BidaskClub
www.americanbankingnews.com - April 21 at 7:06 AM |
| Greenlight Capital Re Schedules First Quarter 2018 Financial Results and Conference Call
finance.yahoo.com - April 19 at 9:44 AM |
| ValuEngine Downgrades Greenlight Capital Re (GLRE) to Hold
www.americanbankingnews.com - April 14 at 1:59 PM |
| Greenlight Capital Re (GLRE) Raised to Hold at BidaskClub
www.americanbankingnews.com - April 14 at 12:49 AM |
| Greenlight Capital Re (GLRE) Upgraded to "Buy" by ValuEngine
www.americanbankingnews.com - April 13 at 11:27 AM |
| Head to Head Contrast: Greenlight Capital Re (GLRE) vs. The Competition
www.americanbankingnews.com - April 11 at 9:20 PM |
| Brokerages Anticipate Greenlight Capital Re, Ltd. (GLRE) to Post ($4.32) EPS
www.americanbankingnews.com - April 7 at 3:42 AM |
| Langen Mcalenn Equities Analysts Decrease Earnings Estimates for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - April 6 at 6:22 AM |
| Langen Mcalenn Weighs in on Greenlight Capital Re, Ltd.'s Q2 2018 Earnings (GLRE)
www.americanbankingnews.com - April 5 at 8:52 AM |
| David Einhorn’s Greenlight Capital lost 13.6% in first quarter: report
finance.yahoo.com - April 4 at 5:17 PM |
| Einhorn Loses on Long and Short Wagers in 1Q
finance.yahoo.com - April 4 at 5:17 PM |
| [$$] David Einhorn, in search of lost time
finance.yahoo.com - April 4 at 5:17 PM |
| ValuEngine Lowers Greenlight Capital Re (GLRE) to Strong Sell
www.americanbankingnews.com - April 3 at 2:58 PM |
| David Einhorn's Greenlight Dims
finance.yahoo.com - April 2 at 10:11 AM |
| Greenlight Capital Re (GLRE) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - March 31 at 11:09 AM |
| Einhorn's Main Hedge Fund Down 14% This Year After March Drop
finance.yahoo.com - March 30 at 4:17 PM |
| Greenlight Capital Re (GLRE) Downgraded by TheStreet
www.americanbankingnews.com - March 27 at 9:44 AM |
| Greenlight Capital Re (GLRE) Lifted to "Sell" at BidaskClub
www.americanbankingnews.com - March 24 at 10:58 AM |
| Analysts Set $25.00 Price Target for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - March 23 at 3:32 PM |
| 1 of the World's Famous Investors Is Selling General Motors. Should You?
finance.yahoo.com - March 23 at 9:40 AM |
| Brokerages Set $25.00 Target Price for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - March 19 at 11:38 PM |
| Greenlight Capital Re, Ltd. (GLRE) Insider Sherry Diaz Sells 1,500 Shares
www.americanbankingnews.com - March 19 at 8:30 PM |
| Critical Review: Greenlight Capital Re (GLRE) & Its Rivals
www.americanbankingnews.com - March 19 at 1:34 PM |
| Greenlight Capital Re (GLRE) Lowered to "Sell" at ValuEngine
www.americanbankingnews.com - March 18 at 11:34 PM |
| Zacks: Analysts Set $25.00 Target Price for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - March 14 at 9:38 PM |
| Greenlight Capital Re, Ltd. (GLRE) General Counsel Laura Accurso Sells 12,000 Shares
www.americanbankingnews.com - March 7 at 7:13 PM |
| Daniel Roitman Buys 35,000 Shares of Greenlight Capital Re, Ltd. (GLRE) Stock
www.americanbankingnews.com - March 7 at 6:34 PM |
| Greenlight Capital Unveils Innovation Unit, Boosts Services
finance.yahoo.com - March 7 at 5:02 PM |
| Zacks: Greenlight Capital Re, Ltd. (GLRE) Given $25.00 Average Target Price by Brokerages
www.americanbankingnews.com - March 7 at 3:26 AM |
| Greenlight Capital Re, Ltd. Launches Innovation Unit
finance.yahoo.com - March 6 at 9:35 AM |
| Greenlight Capital Re, Ltd. to Post Q1 2018 Earnings of ($3.45) Per Share, Langen Mcalenn Forecasts (GLRE)
www.americanbankingnews.com - March 5 at 2:22 AM |
| Greenlight Capital Re, Ltd. (GLRE) Holdings Increased by Citadel Advisors LLC
www.americanbankingnews.com - March 4 at 5:32 AM |
| Zacks: Greenlight Capital Re, Ltd. (GLRE) Given $25.00 Consensus Price Target by Analysts
www.americanbankingnews.com - March 3 at 1:26 AM |
| Greenlight Capital Re, Ltd. (GLRE) Shares Sold by Systematic Financial Management LP
www.americanbankingnews.com - March 2 at 8:24 PM |
| Langen Mcalenn Research Analysts Reduce Earnings Estimates for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - March 2 at 3:23 PM |
| Greenlight Capital Re, Ltd. (GLRE) Shares Bought by Martingale Asset Management L P
www.americanbankingnews.com - March 1 at 9:34 AM |
| Einhorn's Greenlight Hedge Fund Down 12% After February Loss
finance.yahoo.com - March 1 at 9:24 AM |
| Einhorn's Greenlight Sees Red Signs
finance.yahoo.com - March 1 at 9:24 AM |
| David Einhorn's hedge fund was crushed — again — in February
finance.yahoo.com - March 1 at 9:24 AM |
| David Einhorn’s Greenlight Capital Made Big Moves In Q4
finance.yahoo.com - February 28 at 4:47 PM |
| Greenlight Capital Re, Ltd. (GLRE) Expected to Post Q1 2019 Earnings of $0.78 Per Share
www.americanbankingnews.com - February 26 at 7:58 AM |
| Analysts Expect Greenlight Capital Re, Ltd. (GLRE) to Announce ($1.52) EPS
www.americanbankingnews.com - February 25 at 5:36 PM |
| [$$] Time to Consider Time Warner
finance.yahoo.com - February 24 at 9:28 AM |
| Greenlight Capital Re (GLRE) PT Lowered to $25.00 at UBS Group
www.americanbankingnews.com - February 23 at 8:34 PM |
| Greenlight Capital (GLRE) Incurs Wider-Than-Expected Q4 Loss
finance.yahoo.com - February 23 at 4:42 PM |
| Greenlight Re Announces 2017 Fourth Quarter and Year-End Financial Results
finance.yahoo.com - February 22 at 4:40 PM |
 | Hedge-fund luminary Einhorn says he’s ‘never underperformed like this’
www.marketwatch.com - February 22 at 4:40 PM |
Greenlight Capital Re (NASDAQ:GLRE) SEC Filings
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Greenlight Capital Re (NASDAQ:GLRE) Income Statement, Balance Sheet and Cash Flow Statement
Greenlight Capital Re (NASDAQ GLRE) Stock Chart for Wednesday, April, 25, 2018
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