Greenlight 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?
Some companies that are related to Greenlight Capital Re include BancFirst (BANF), The Carlyle Group LP (CG), Global Net Lease (GNL), Union Bankshares Corp (UBSH), Washington Prime Group (WPG), Four Corners Property Trust (FCPT), Walker & Dunlop (WD), New York REIT (NYRT), BofI Holding (BOFI), Irsa Inversiones y Rprsntcins SA (IRS), Artisan Partners Asset Management (APAM), Waddell & Reed Financial (WDR), Westamerica Bancorporation (WABC), CIM Commercial Trust Corp (CMCT), Pacific Premier Bancorp (PPBI), Chesapeake Lodging Trust (CHSP), WSFS Financial (WSFS) and Seritage Growth Properties (SRG).
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.
Consensus Ratings for Greenlight Capital Re (NASDAQ:GLRE) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/1/2016 | Langen Mcalenn | Reiterated Rating | Buy | | N/A |  |
| 6/1/2016 | Janney Montgomery Scott | Initiated Coverage | Buy | | N/A | |
(Data available from 5/27/2015 forward)
Earnings History for Greenlight Capital Re (NASDAQ:GLRE)Earnings History by Quarter for Greenlight Capital Re (NASDAQ:GLRE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 2/22/2017 | 12/31/2016 | $1.52 | $1.31 | $184.60 million | $188.74 million | View | N/A | |
| 11/3/2016 | Q3 2016 | $0.92 | $0.80 | $157.70 million | $145.55 million | View | N/A | |
| 8/1/2016 | Q2 | ($1.09) | ($1.69) | $110.80 million | $87.81 million | View | N/A | |
| 5/2/2016 | Q1 | $0.81 | $0.77 | | $166.28 million | View | N/A | |
| 2/22/2016 | Q4 | ($1.40) | ($1.17) | $55.60 million | $73.75 million | View | Listen | |
| 10/23/2015 | Q315 | ($5.38) | ($5.98) | | ($89.87) million | View | N/A | |
| 8/3/2015 | Q215 | ($0.60) | ($1.06) | $71.81 million | $67.62 million | View | N/A | |
| 5/4/2015 | Q115 | ($0.73) | ($0.65) | $52.60 million | $71.55 million | View | N/A | |
| 2/17/2015 | Q414 | $1.61 | $1.60 | $160.40 million | $148.04 million | View | N/A | |
| 11/3/2014 | Q314 | ($1.47) | ($1.40) | $31.60 million | $25.44 million | View | N/A | |
| 8/4/2014 | Q2 14 | $3.01 | $2.89 | | $201.77 million | View | N/A | |
| 5/5/2014 | Q114 | ($0.19) | ($0.24) | $123.37 million | $101.54 million | View | N/A | |
| 2/18/2014 | | $2.30 | $2.23 | | | View | N/A | |
| 5/6/2013 | Q1 2013 | | $1.52 | | | View | N/A | |
| 2/19/2013 | Q4 2012 | | ($1.65) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Greenlight Capital Re (NASDAQ:GLRE)2017 EPS Consensus Estimate: $1.64
2018 EPS Consensus Estimate: $2.39
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.27 | $0.27 | $0.27 |
| Q2 2017 | 1 | $0.19 | $0.19 | $0.19 |
| Q3 2017 | 1 | $0.54 | $0.54 | $0.54 |
| Q4 2017 | 1 | $0.64 | $0.64 | $0.64 |
| Q1 2018 | 1 | $0.65 | $0.65 | $0.65 |
| Q2 2018 | 1 | $0.65 | $0.65 | $0.65 |
| Q3 2018 | 1 | $0.50 | $0.50 | $0.50 |
| Q4 2018 | 1 | $0.59 | $0.59 | $0.59 |
(Data provided by Zacks Investment Research)
Dividend History for Greenlight Capital Re (NASDAQ:GLRE)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/4/2016 | Leonard R Goldberg | Director | Sell | 5,700 | $20.62 | $117,534.00 | |
| 9/14/2016 | Leonard R Goldberg | Director | Sell | 5,555 | $20.31 | $112,822.05 | |
| 9/7/2016 | Ian Isaacs | Director | Sell | 12,000 | $21.45 | $257,400.00 | |
| 8/24/2016 | Leonard R Goldberg | Director | Sell | 5,695 | $21.00 | $119,595.00 | |
| 8/12/2016 | Barton Hedges | CEO | Sell | 50,000 | $20.39 | $1,019,500.00 | |
| 8/3/2016 | Leonard R Goldberg | Director | Sell | 5,145 | $19.85 | $102,128.25 | |
| 7/13/2016 | Leonard R Goldberg | Director | Sell | 5,296 | $20.13 | $106,608.48 | |
| 6/22/2016 | Leonard R Goldberg | Director | Sell | 5,091 | $19.79 | $100,750.89 | |
| 6/2/2016 | Leonard R Goldberg | Director | Sell | 4,657 | $20.25 | $94,304.25 | |
| 5/6/2016 | Daniel Roitman | Director | Buy | 40,000 | $21.01 | $840,400.00 | |
| 11/4/2015 | Daniel Roitman | Director | Buy | 10,000 | $21.93 | $219,300.00 | |
| 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)
Headline Trends for Greenlight Capital Re (NASDAQ:GLRE)
Latest Headlines for Greenlight Capital Re (NASDAQ:GLRE)
| Source: |
|
| Date | Headline |
|---|
 | Glass Lewis backs GM's board nominees, opposes Greenlight's proposal
finance.yahoo.com - May 26 at 6:06 PM |
 | Tracking David Einhorn's Portfolio - Q1 2017 Update
seekingalpha.com - May 17 at 10:29 AM |
 | Nitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ...
www.nasdaq.com - May 16 at 11:31 AM |
 | Greenlight Capital Re, Ltd. (GLRE) Downgraded by TheStreet to C+
www.americanbankingnews.com - May 13 at 4:36 PM |
| Greenlight Capital Re Ltd. :GLRE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 5:37 PM |
| Greenlight Capital Re, Ltd. (GLRE) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:28 PM |
| Langen Mcalenn Comments on Greenlight Capital Re, Ltd.'s Q2 2017 Earnings (GLRE)
www.americanbankingnews.com - May 8 at 8:15 AM |
| Equities Analysts Set Expectations for Greenlight Capital Re, Ltd.'s Q4 2017 Earnings (GLRE)
www.americanbankingnews.com - May 5 at 4:16 PM |
 | Greenlight Capital Re Enters Oversold Territory (GLRE)
www.thestreet.com - May 4 at 5:37 PM |
| GM says ratings agency info accurate after Greenlight posts term sheets
finance.yahoo.com - May 4 at 5:37 PM |
| Langen Mcalenn Analysts Reduce Earnings Estimates for Greenlight Capital Re, Ltd. (GLRE)
www.americanbankingnews.com - May 4 at 2:06 PM |
| Edited Transcript of GLRE earnings conference call or presentation 3-May-17 1:00pm GMT
finance.yahoo.com - May 3 at 10:17 PM |
| Greenlight Capital Re (GLRE) Receiving Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 6:08 PM |
| Greenlight Capital's Einhorn: Tesla Investors Remain 'Hypnotized'
finance.yahoo.com - May 3 at 5:14 PM |
| Investor Network: Greenlight Capital Re, Ltd. to Host Earnings Call
finance.yahoo.com - May 3 at 9:11 AM |
 | Greenlight Capital Re posts 1Q profit
marketbeat.com - May 2 at 7:43 PM |
 | BRIEF-Greenlight Re reports Q1 earnings per share $0.22
www.reuters.com - May 2 at 7:15 PM |
| Greenlight Re Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 2 at 7:15 PM |
| EINHORN ON TESLA: 'We expect these bubbles to pop'
finance.yahoo.com - April 25 at 5:01 PM |
| Einhorn's Greenlight Warns of Bubble With Tax Reform Prospects Fading
finance.yahoo.com - April 25 at 5:01 PM |
| Hedge fund manager David Einhorn is settling in for a 'tough fight' with GM
finance.yahoo.com - April 25 at 5:01 PM |
| Positive Press Coverage Somewhat Unlikely to Affect Greenlight Capital Re (GLRE) Stock Price
www.americanbankingnews.com - April 24 at 3:48 PM |
| Greenlight Capital Re, Ltd. (GLRE) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 22 at 7:47 PM |
| Greenlight Capital Re (GLRE) Earning Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 6:59 PM |
 | Greenlight Capital Re to Release First Quarter 2017 Results
globenewswire.com - April 20 at 5:34 PM |
| Research Analysts Offer Predictions for Greenlight Capital Re, Ltd.'s FY2017 Earnings (GLRE)
www.americanbankingnews.com - April 20 at 1:18 PM |
| Greenlight Capital Re to Release First Quarter 2017 Results
finance.yahoo.com - April 20 at 12:06 PM |
| Q1 2017 Earnings Estimate for Greenlight Capital Re, Ltd. (GLRE) Issued By Langen Mcalenn
www.americanbankingnews.com - April 19 at 7:28 AM |
| Greenlight Capital Re (GLRE) Receives News Impact Score of 0.10
www.americanbankingnews.com - April 17 at 11:21 AM |
| [$$] David Einhorn Ratchets Up Pressure on GM
finance.yahoo.com - April 12 at 10:32 PM |
| Einhorn's Greenlight Claims GM Misled Credit Raters on Stock
finance.yahoo.com - April 12 at 5:31 PM |
| Is David Einhorn Being A Backseat Driver Or Does He Have A Point About GM?
finance.yahoo.com - April 12 at 5:31 PM |
| David Einhorn's fund accuses GM of misleading rating agencies about his two-stock plan
finance.yahoo.com - April 12 at 5:31 PM |
| Greenlight Capital Files Proxy to Nominate 3 Members to GM Board
finance.yahoo.com - April 12 at 9:39 AM |
| [$$] Einhorn Ratchets Up His Pressure on GM
finance.yahoo.com - April 12 at 9:39 AM |
| Greenlight Capital Re, Ltd. (GLRE) Sees Large Growth in Short Interest
www.americanbankingnews.com - April 5 at 11:45 AM |
 | [$$] GM Under Pressure From Investor David Einhorn to Split Stock in Two Classes
www.wsj.com - March 28 at 10:09 PM |
 | Activist targets GM share structure, board
us.rd.yahoo.com - March 28 at 5:07 PM |
 | Greenlight's Einhorn says supportive of GM's Barra - CNBC
us.rd.yahoo.com - March 28 at 5:07 PM |
| Greenlight's Einhorn says supportive of GM's Barra: CNBC
us.rd.yahoo.com - March 28 at 5:07 PM |
| Greenlight Capital's Einhorn explains why two GM stock classes would better serve investors
us.rd.yahoo.com - March 28 at 5:07 PM |
| Why David Einhorn Wants Two Flavors of GM Shares
us.rd.yahoo.com - March 28 at 5:07 PM |
| [$$] General Motors: Project Greenlight
us.rd.yahoo.com - March 28 at 5:07 PM |
| [$$] GM Under Pressure by Einhorn to Split Stock in Two Classes
www.wsj.com - March 28 at 11:36 AM |
| Einhorn's Greenlight Capital urges GM to create two share classes
finance.yahoo.com - March 28 at 11:36 AM |
| Greenlight Capital Re, Ltd. (GLRE) Upgraded at TheStreet
www.americanbankingnews.com - March 19 at 9:13 PM |
| GREENLIGHT CAPITAL RE, LTD. Financials
finance.yahoo.com - February 28 at 5:37 PM |
| GREENLIGHT 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 |
| Edited Transcript of GLRE earnings conference call or presentation 23-Feb-17 2:00pm GMT
finance.yahoo.com - February 23 at 10:28 PM |
| Greenlight Capital Re's (GLRE) CEO Bart Hedges on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 5:28 PM |
Greenlight Capital Re (GLRE) Chart for Saturday, May, 27, 2017
