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
Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
SymbolNASDAQ:GLRE
CUSIPG4095J10
Phone34-59-434-57
Debt
Debt-to-Equity RatioN/A
Current Ratio4.16
Quick Ratio4.16
Price-To-Earnings
Trailing P/E Ratio-10.83
Forward P/E Ratio-2.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$645.67 million
Price / Sales0.76
Cash FlowN/A
Price / CashN/A
Book Value$22.60 per share
Price / Book0.58
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-44,950,000.00
Net Margins-44.10%
Return on Equity-25.61%
Return on Assets-6.50%
Miscellaneous
Employees40
Outstanding Shares37,540,000
Market Cap$484.23 million
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) announced its quarterly earnings data on Tuesday, July, 31st. The financial services provider reported ($1.01) EPS for the quarter, beating analysts' consensus estimates of ($1.05) by $0.04. The financial services provider earned $88.08 million during the quarter, compared to the consensus estimate of $103.40 million. Greenlight Capital Re had a negative net margin of 44.10% and a negative return on equity of 25.61%. 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 12 month price objectives for Greenlight Capital Re's stock. Their forecasts range from $25.00 to $25.00. On average, they expect Greenlight Capital Re's stock price to reach $25.00 in the next year. This suggests a possible upside of 90.8% from the stock's current price. View Analyst Price Targets for Greenlight Capital Re.
What is the consensus analysts' recommendation for Greenlight Capital Re?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenlight Capital Re in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." 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), Universal Insurance (UVE), Infinity Property and Casualty (IPCC), Safety Insurance Group (SAFT), Employers (EIG), State Auto Financial (STFC), Third Point Reinsurance (TPRE), Kinsale Capital Group (KNSL), United Fire Group (UFCS), Amerisafe (AMSF), James River Group (JRVR), United Insurance (UIHC), TCP Capital (TCPC) and Global Indemnity (GBLI).
Who are Greenlight Capital Re's key executives?
Greenlight Capital Re's management team includes the folowing people:
- Mr. Simon Burton, CEO & Director (Age 48)
- Mr. Tim Courtis, Chief Financial Officer (Age 56)
- Mr. Michael J. Belfatti, Chief Operating Officer (Age 47)
- Mr. Brendan Barry, Chief Underwriting Officer (Age 46)
- Mr. Patrick O'Brien, Chief Exec. Officer - Ireland
Has Greenlight Capital Re been receiving favorable news coverage?
News articles about GLRE stock have trended somewhat positive on Thursday, Accern Sentiment reports. Accern identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Greenlight Capital Re earned a news and rumor sentiment score of 0.03 on Accern's scale. They also gave media stories about the financial services provider an impact score of 49.91 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Greenlight Capital Re.
Who are Greenlight Capital Re's major shareholders?
Greenlight Capital Re's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.70%), Dimensional Fund Advisors LP (6.19%), River & Mercantile Asset Management LLP (0.91%), Summit Trail Advisors LLC (0.78%), Thompson Siegel & Walmsley LLC (0.59%) and Bank of America Corp DE (0.57%). Company insiders that own Greenlight Capital Re stock include Barry Brendan, Daniel Roitman, Ian Isaacs, Laura Accurso, Leonard R Goldberg and Sherry Diaz. View Institutional Ownership Trends for Greenlight Capital Re.
Which institutional investors are selling Greenlight Capital Re stock?
GLRE stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Poehling Capital Management LLC, E&G Advisors LP, Bank of New York Mellon Corp, Summit Trail Advisors LLC, Ridgewood Investments LLC and Ridgewood Investments LLC. Company insiders that have sold Greenlight Capital Re company stock in the last year include Barry Brendan and Laura Accurso. View Insider Buying and Selling for Greenlight Capital Re.
Which institutional investors are buying Greenlight Capital Re stock?
GLRE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of America Corp DE, Millennium Management LLC, Investec Asset Management LTD, Dimensional Fund Advisors LP, River & Mercantile Asset Management LLP, Engineers Gate Manager LP and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought Greenlight Capital Re stock in the last two years include Daniel Roitman and Leonard R Goldberg. View Insider Buying and Selling 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 $13.10.
How big of a company is Greenlight Capital Re?
Greenlight Capital Re has a market capitalization of $484.23 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 (NASDAQ 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.
