NASDAQ:GLRE

Greenlight Capital Re - GLRE Stock Forecast, Price & News

$7.36

+0.02 (+0.27%)

(As of 09/27/2022 12:00 AM ET)

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Today's Range: $7.23
▼
$7.42
50-Day Range: $7.02
▼
$8.27
52-Week Range: $6.51
▼
$8.35

Volume: 60,733 shs
Average Volume: 133,282 shs
Market Capitalization: $255.52 million

P/E Ratio: 15.02
Dividend Yield: N/A
Price Target: N/A

About Greenlight Capital Re (NASDAQ:GLRE) Stock

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, energy, aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

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GLRE Stock News Headlines

September 23, 2022 | americanbankingnews.com

American International Group (NYSE:AIG) vs. Greenlight Capital Re (NASDAQ:GLRE) Head-To-Head Review

August 3, 2022 | seekingalpha.com

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q2 2022 Results - Earnings Call Transcript

August 2, 2022 | finance.yahoo.com

Greenlight Re Announces Second Quarter 2022 Financial Results

August 1, 2022 | finance.yahoo.com

Einhorn Bets That Musk Will Be Forced to Buy Twitter

August 1, 2022 | finance.yahoo.com

Einhorn's Greenlight takes stake in Twitter - letter

July 27, 2022 | nasdaq.com

Do Insiders Own Lots Of Shares In Greenlight Capital Re, Ltd. (NASDAQ:GLRE)?

July 21, 2022 | finance.yahoo.com

Greenlight Capital Re, Ltd. Schedules Second Quarter 2022 Financial Results and Conference Call

July 13, 2022 | finance.yahoo.com

Greenlight Capital Re, Ltd. (GLRE)

July 2, 2022 | finance.yahoo.com

The past five years for Greenlight Capital Re (NASDAQ:GLRE) investors has not been profitable

June 9, 2022 | ca.finance.yahoo.com

Greenlight's Einhorn sees gold going 'higher, perhaps much higher'

May 31, 2022 | finance.yahoo.com

Greenlight Re Innovations Announces Investment in Security Deposit Replacement Insurance Startup Garentii

May 16, 2022 | benzinga.com

Looking Into Greenlight Capital Re's Return On Capital Employed

May 4, 2022 | seekingalpha.com

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2022 Results - Earnings Call Transcript

May 3, 2022 | finance.yahoo.com

Greenlight RE Announces First Quarter 2022 Financial Results

April 29, 2022 | finance.yahoo.com

Einhorn’s Greenlight Capital Defies April’s Rout With 10.6% Gain

April 28, 2022 | finance.yahoo.com

What Is The Ownership Structure Like For Greenlight Capital Re, Ltd. (NASDAQ:GLRE)?

April 22, 2022 | nz.finance.yahoo.com

Greenlight Capital Re, Ltd. Schedules First Quarter 2022 Financial Results and Conference Call

April 22, 2022 | finance.yahoo.com

Greenlight Capital Re, Ltd. Schedules First Quarter 2022 Financial Results and Conference Call

April 20, 2022 | finance.yahoo.com

Greenlight Re Commences Underwriting at Lloyd’s Through Syndicate 3456

March 24, 2022 | seekingalpha.com

Greenlight Capital Re unit invests in audit insurance startup, AuditCover

March 24, 2022 | finance.yahoo.com

Greenlight Re Innovations Announces Investment in Audit Insurance Startup AuditCover

March 14, 2022 | benzinga.com

Greenlight Capital Re's Return On Capital Employed Overview

March 10, 2022 | finance.yahoo.com

One Greenlight Capital Re, Ltd. (NASDAQ:GLRE) insider upped their stake by 17% in the previous year

March 8, 2022 | finance.yahoo.com

Greenlight Re Announces Fourth Quarter and Year End 2021 Financial Results

March 8, 2022 | benzinga.com

Greenlight Capital Re's Earnings: A Preview

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GLRE Company Calendar

Last Earnings: 8/02/2022
Today: 9/27/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Fire, marine, & casualty insurance
Sub-Industry: Reinsurance
Sector: Finance
Current Symbol: NASDAQ:GLRE
CUSIP: G4095J10
CIK: 1385613
Web: www.greenlightre.ky
Phone: (345) 943-4573
Fax: 34-57-454-57
Employees: 44
Year Founded: 2004

Profitability

EPS (Most Recent Fiscal Year): $0.49
Trailing P/E Ratio: 15.02
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $17.58 million
Net Margins: 3.50%
Pretax Margin: 3.50%
Return on Equity: 4.15%
Return on Assets: 1.35%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 3.07
Quick Ratio: 3.07

Sales & Book Value

Annual Sales: $588.55 million
Price / Sales: 0.43
Cash Flow: $0.57 per share
Price / Cash Flow: 12.83
Book Value: $14.05 per share
Price / Book: 0.52

Miscellaneous

Outstanding Shares: 34,717,000
Free Float: 25,920,000
Market Cap: $255.52 million
Optionable: Optionable
Beta: 1.00

Key Executives

Mr. Simon Burton (Age 52)
CEO, Chief Underwriting Officer & Director
Comp: $1.91M

Mr. Neil W. Greenspan (Age 54)
Chief Financial Officer
Comp: $911.86k

Ms. Laura Accurso (Age 46)
Gen. Counsel, Corp. Sec. & Chief Compliance Officer
Comp: $957.04k

Mr. Thomas James Curnock Ph.D. (Age 50)
Chief Risk Officer
Comp: $805.44k

Mr. Patrick O'Brien (Age 52)
Chief Exec. Officer of GRIL
Comp: $939.19k

Mr. Faramarz Romer (Age 46)
Chief Accounting Officer & Treasurer

Mr. Adam Prior
Sr. VP of Equity Group Inc.

Mr. Jim Ehman
Head of Casualty Underwriting - Cayman Islands

Mr. Kagabo Ngiruwonsanga
Head of Pricing & Analytics

Ms. Heejae Cho
Head of Innovation Underwriting

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GLRE Stock - Frequently Asked Questions

How have GLRE shares performed in 2022?: Greenlight Capital Re's stock was trading at $7.84 at the beginning of the year. Since then, GLRE shares have decreased by 7.4% and is now trading at $7.26.
View the best growth stocks for 2022 here.
When is Greenlight Capital Re's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our GLRE earnings forecast.
How were Greenlight Capital Re's earnings last quarter?: Greenlight Capital Re, Ltd. (NASDAQ:GLRE) announced its quarterly earnings data on Tuesday, August, 2nd. The financial services provider reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.08. Greenlight Capital Re had a net margin of 3.50% and a trailing twelve-month return on equity of 4.15%.
What other stocks do shareholders of Greenlight Capital Re own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Greenlight Capital Re investors own include Third Point Reinsurance (TPRE), Oasis Petroleum (OAS), Pfizer (PFE), Ford Motor (F), Idera Pharmaceuticals (IDRA), Advanced Micro Devices (AMD), Intel (INTC), American International Group (AIG), Chevron (CVX) and Enterprise Products Partners (EPD).

What is Greenlight Capital Re's stock symbol?: Greenlight Capital Re trades on the NASDAQ under the ticker symbol "GLRE."
Who are Greenlight Capital Re's major shareholders?: Greenlight Capital Re's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Healthcare of Ontario Pension Plan Trust Fund (2.94%), State Street Corp (1.43%), Allspring Global Investments Holdings LLC (0.56%), Goldman Sachs Group Inc. (0.43%), O Shaughnessy Asset Management LLC (0.38%) and Summit Trail Advisors LLC (0.29%). Insiders that own company stock include Daniel Roitman and Faramarz Romer.
View institutional ownership trends.
How do I buy shares of Greenlight Capital Re?: Shares of GLRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Greenlight Capital Re's stock price today?: One share of GLRE stock can currently be purchased for approximately $7.26.
How much money does Greenlight Capital Re make?: Greenlight Capital Re (NASDAQ:GLRE) has a market capitalization of $252.07 million and generates $588.55 million in revenue each year. The financial services provider earns $17.58 million in net income (profit) each year or $0.49 on an earnings per share basis.
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 official website for the company is www.greenlightre.ky. The financial services provider can be reached via phone at (345) 943-4573, via email at ir@greenlightre.ky, or via fax at 34-57-454-57.

This page (NASDAQ:GLRE) was last updated on 9/28/2022 by MarketBeat.com Staff

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