Greenlight Reinsurance Company Profile (NASDAQ:GLRE)

About Greenlight Reinsurance

Greenlight Reinsurance logoGreenlight Capital Re, Ltd. is a property and casualty reinsurance holding company. The Company operates through property and casualty reinsurance segment. Its underwriting operations are classified into 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 losses emanating from one event or multiple events. The Company's property line of insurance provides protection for aviation, commercial, energy, motor physical damage and personal. It offers casualty insurance products for general, marine, motor and professional liabilities. The Company's specialty insurance products are offered for financial, health and worker's compensation. Its subsidiaries include Greenlight Reinsurance, Ltd, (Greenlight Re), Greenlight Reinsurance Ireland, Ltd. (GRIL) and Verdant Holding Company, Ltd. (Verdant).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Accident & Health Insurance
  • Sub-Industry: Reinsurance
  • Exchange: NASDAQ
  • Symbol: GLRE
  • CUSIP: G4095J10
Key Metrics:
  • Previous Close: $23.35
  • 50 Day Moving Average: $23.10
  • 200 Day Moving Average: $21.84
  • 52-Week Range: $18.79 - $24.10
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.63
  • P/E Growth: 0.90
  • Market Cap: $872.50M
  • Outstanding Shares: 37,366,000
  • Beta: 0.66
Profitability:
  • Net Margins: -10.02%
  • Return on Equity: -5.61%
  • Return on Assets: -1.73%
Debt:
  • Current Ratio: 5.66%
  • Quick Ratio: 5.66%
Additional Links:
Companies Related to Greenlight Reinsurance:

Analyst Ratings

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

Analysts' Ratings History for Greenlight Reinsurance (NASDAQ:GLRE)
Show:
DateFirmActionRatingPrice TargetDetails
6/1/2016Langen McalennReiterated RatingBuyView Rating Details
6/1/2016Janney Montgomery ScottInitiated CoverageBuyView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Greenlight Reinsurance (NASDAQ:GLRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/22/201712/31/2016$1.52$1.31ViewN/AView Earnings Details
5/2/2016Q1$0.81$0.77ViewN/AView Earnings Details
2/22/2016Q4($1.40)($1.17)$55.60 millionViewListenView Earnings Details
10/28/2015Q315($5.38)($5.98)ViewN/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 millionViewN/AView Earnings Details
2/17/2015Q414$1.96$1.60$160.40 millionViewN/AView Earnings Details
11/3/2014Q314($1.47)($1.40)$31.60 million$25.44 millionViewN/AView Earnings Details
8/4/2014Q2 14$3.04$2.89ViewN/AView Earnings Details
5/5/2014Q114($0.19)($0.24)$123.37 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 Reinsurance (NASDAQ:GLRE)
Current Year EPS Consensus Estimate: $1.41 EPS
Next Year EPS Consensus Estimate: $3.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161($0.89)($0.89)($0.89)
Q3 20161$0.47$0.47$0.47
Q4 20161$1.39$1.39$1.39
Q1 20171$0.57$0.57$0.57
Q2 20171$0.61$0.61$0.61
Q3 20171$0.62$0.62$0.62
Q4 20171$0.66$0.66$0.66
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for Greenlight Reinsurance (NASDAQ:GLRE)
Insider Ownership Percentage: 22.08%
Institutional Ownership Percentage: 43.47%
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

Latest Headlines for Greenlight Reinsurance (NASDAQ:GLRE)
DateHeadline
seekingalpha.com logoGreenlight Capital Re's (GLRE) CEO Bart Hedges on Q4 2016 Results - Earnings Call Transcript (NASDAQ:GLRE)
seekingalpha.com - February 23 at 5:28 PM
bloomberg.com logoEinhorn Shorts Sovereigns, Affirms Gold on Trump Uncertainty (NASDAQ:GLRE)
www.bloomberg.com - February 23 at 5:28 PM
globenewswire.com logoGreenlight Re Announces Fourth Quarter and Year End 2016 Financial Results (NASDAQ:GLRE)
globenewswire.com - February 22 at 5:43 PM
sg.finance.yahoo.com logoGreenlight Capital Re posts 4Q profit (NASDAQ:GLRE)
sg.finance.yahoo.com - February 22 at 5:42 PM
blogs.barrons.com logoEinhorn's Greenlight Likes GM, Apple (NASDAQ:GLRE)
blogs.barrons.com - February 16 at 5:25 PM
thestreet.com logoDavid Einhorn's Hedge Fund Just Bought Syngenta, Monsanto and Alcoa (NASDAQ:GLRE)
www.thestreet.com - February 16 at 5:25 PM
marketwatch.com logoEinhorn buys Syngenta, Voya, Apple, dumps Michael Kors in 4th quarter (NASDAQ:GLRE)
us.rd.yahoo.com - February 15 at 4:38 AM
finance.yahoo.com logoDavid Einhorn dumped all $143.5 million of his Michael Kors investment (NASDAQ:GLRE)
finance.yahoo.com - February 14 at 6:36 PM
finance.yahoo.com logoDavid Einhorn's Great Call On Yelp (NASDAQ:GLRE)
finance.yahoo.com - February 13 at 6:23 PM
finance.yahoo.com logoGreenlight Capital Re to Release Fourth Quarter and Year End 2016 Results (NASDAQ:GLRE)
finance.yahoo.com - February 9 at 6:13 PM
capitalcube.com logoGreenlight Capital Re Ltd. breached its 50 day moving average in a Bearish Manner : GLRE-US : January 30, 2017 (NASDAQ:GLRE)
www.capitalcube.com - January 30 at 11:46 AM
us.rd.yahoo.com logoHow hedge-fund pro Einhorn is bracing for a Trump presidency (NASDAQ:GLRE)
us.rd.yahoo.com - January 19 at 7:11 PM
capitalcube.com logoGreenlight Capital Re Ltd. breached its 50 day moving average in a Bearish Manner : GLRE-US : January 18, 2017 (NASDAQ:GLRE)
www.capitalcube.com - January 18 at 5:54 PM
marketwatch.com logoHow David Einhorn’s hedge fund is positioning for a Trump presidency (NASDAQ:GLRE)
www.marketwatch.com - January 18 at 5:54 PM
us.rd.yahoo.com logoEINHORN: Here's how to play the Trump presidency (NASDAQ:GLRE)
us.rd.yahoo.com - January 17 at 3:25 PM
us.rd.yahoo.com logoShort Netflix ahead of Trump, says Greenlight's Einhorn (NASDAQ:GLRE)
us.rd.yahoo.com - January 17 at 3:25 PM
finance.yahoo.com logoEinhorn’s Greenlight Recoups 9.4% in 2016 as Stocks Rally (NASDAQ:GLRE)
finance.yahoo.com - December 31 at 5:26 PM
finance.yahoo.com logoEarnings Estimates Moving Higher for Greenlight Capital (GLRE): Time to Buy? (NASDAQ:GLRE)
finance.yahoo.com - December 29 at 5:32 PM
finance.yahoo.com logoGreenlight Capital Re (GLRE): An Off-the-Radar Potential Winner (NASDAQ:GLRE)
finance.yahoo.com - December 21 at 6:19 PM
News IconGreenlight Capital Re CEO Hedges to Depart; Goldberg Will Return in Interim Capacity (NASDAQ:GLRE)
www.carriermanagement.com - December 21 at 3:28 AM
News IconGreenlight Capital Re CEO Hedges to Step Down in March 2017 (NASDAQ:GLRE)
www.insurancejournal.com - December 21 at 3:28 AM
us.rd.yahoo.com logo9:06 am Greenlight Capital CEO steps down (NASDAQ:GLRE)
us.rd.yahoo.com - December 20 at 10:39 AM
us.rd.yahoo.com logo9:06 am Greenlight Capital CEO steps down (NASDAQ:GLRE)
us.rd.yahoo.com - December 20 at 10:39 AM
marketwatch.com logoUPDATE: Greenlight Capital Re CEO to step down (NASDAQ:GLRE)
us.rd.yahoo.com - December 20 at 10:39 AM
marketwatch.com logoUPDATE: Greenlight Capital Re CEO to step down (NASDAQ:GLRE)
us.rd.yahoo.com - December 20 at 10:39 AM
biz.yahoo.com logoGREENLIGHT CAPITAL RE, LTD. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and E (NASDAQ:GLRE)
us.rd.yahoo.com - December 20 at 10:39 AM
biz.yahoo.com logoGREENLIGHT CAPITAL RE, LTD. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and E (NASDAQ:GLRE)
us.rd.yahoo.com - December 20 at 10:39 AM
4-traders.com logoGreenlight Capital Re : announces Executive Leadership Change (NASDAQ:GLRE)
www.4-traders.com - December 19 at 11:38 AM
News IconGreenlight Capital CEO steps down; hunt for successor begins (NASDAQ:GLRE)
www.intelligentinsurer.com - December 19 at 11:38 AM
wsj.com logoGreenlight Capital Re CEO Barton Hedges to Leave (NASDAQ:GLRE)
www.wsj.com - December 19 at 11:38 AM
marketwatch.com logoGreenlight Capital CEO to step down (NASDAQ:GLRE)
www.marketwatch.com - December 19 at 11:38 AM
finance.yahoo.com logoA.M. Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries Following CEO Transition Announcement (NASDAQ:GLRE)
finance.yahoo.com - December 19 at 11:38 AM
publicnow.com logoGreenlight Capital Re, Ltd. announces Executive Leadership Change (NASDAQ:GLRE)
www.publicnow.com - December 19 at 11:38 AM
wsj.com logo[$$] Greenlight Capital Re CEO Leaving (NASDAQ:GLRE)
www.wsj.com - December 19 at 11:38 AM
finance.yahoo.com logoCan Greenlight Capital Re (GLRE) Run Higher on Strong Earnings Estimate Revisions? (NASDAQ:GLRE)
finance.yahoo.com - December 9 at 10:13 AM
capitalcube.com logoETFs with exposure to Greenlight Capital Re Ltd. : December 8, 2016 (NASDAQ:GLRE)
www.capitalcube.com - December 8 at 6:04 PM
finance.yahoo.com logoHighland Capital seeks to unmask author of 'defamatory' post on Dealbreaker (NASDAQ:GLRE)
finance.yahoo.com - December 1 at 10:36 PM
insidermonkey.com logoDavid Einhorn Cuts Apple (AAPL), Take-Two (TTWO) Positions, Sells Off Fox (FOXA) (NASDAQ:GLRE)
www.insidermonkey.com - November 29 at 5:01 PM
insidermonkey.com logoDavid Einhorn Cuts Apple (AAPL), Take-Two (TTWO) Positions, Sells Off Fox (FOXA) (NASDAQ:GLRE)
www.insidermonkey.com - November 29 at 5:01 PM
capitalcube.com logoGreenlight Capital Re Ltd. :GLRE-US: Earnings Analysis: Q3, 2016 By the Numbers : November 18, 2016 (NASDAQ:GLRE)
www.capitalcube.com - November 18 at 4:47 PM
seekingalpha.com logoEinhorn Is Turning It Around On Trump Victory (NASDAQ:GLRE)
seekingalpha.com - November 17 at 8:20 AM
blogs.barrons.com logoEinhorn's Greenlight Cuts Apple Again; Adds U.S. Steel; Exits Hertz (NASDAQ:GLRE)
blogs.barrons.com - November 15 at 5:48 PM
capitalcube.com logoGreenlight Capital Re Ltd. breached its 50 day moving average in a Bullish Manner : GLRE-US : November 10, 2016 (NASDAQ:GLRE)
www.capitalcube.com - November 10 at 8:18 AM
finance.yahoo.com logoEdited Transcript of GLRE earnings conference call or presentation 8-Nov-16 2:00pm GMT (NASDAQ:GLRE)
finance.yahoo.com - November 8 at 10:46 PM
insidermonkey.com logoHedge Fund News: David Einhorn, Julian Robertson, Bill Ackman (NASDAQ:GLRE)
www.insidermonkey.com - November 8 at 4:34 PM
seekingalpha.com logoGreenlight Capital Re's (GLRE) CEO Bart Hedges on Q3 2016 Results - Earnings Call Transcript (NASDAQ:GLRE)
seekingalpha.com - November 8 at 4:34 PM
biz.yahoo.com logoGREENLIGHT CAPITAL RE, LTD. Files SEC form 10-Q, Quarterly Report (NASDAQ:GLRE)
biz.yahoo.com - November 7 at 5:26 PM
News IconGreenlight Capital Re Hit With A.M. Best Ratings Downgrade (NASDAQ:GLRE)
www.insurancejournal.com - November 4 at 10:09 PM
News IconStruggling Greenlight Capital Re Hit With A.M. Best Ratings Downgrades (NASDAQ:GLRE)
www.carriermanagement.com - November 4 at 4:10 PM
sg.finance.yahoo.com logoGreenlight Capital Re posts 3Q profit (NASDAQ:GLRE)
sg.finance.yahoo.com - November 3 at 10:47 PM

Social

What is Greenlight Reinsurance's stock symbol?

Greenlight Reinsurance trades on the NASDAQ under the ticker symbol "GLRE."

When will Greenlight Reinsurance announce their earnings?

Greenlight Reinsurance is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Greenlight Reinsurance stock?

Greenlight Reinsurance's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fiduciary Management Inc. WI (5.59%), Dimensional Fund Advisors LP (4.38%), BBR Partners LLC (1.93%), Thompson Siegel & Walmsley LLC (1.89%), State Street Corp (1.69%) and FMR LLC (1.68%). Company insiders that own Greenlight Reinsurance stock include Barton Hedges, Daniel Roitman, Ian Isaacs and Leonard R Goldberg.

Who sold Greenlight Reinsurance stock? Who is selling Greenlight Reinsurance stock?

Greenlight Reinsurance's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Thompson Siegel & Walmsley LLC, Arbiter Partners Capital Management LLC and Horizon Kinetics LLC. Company insiders that have sold Greenlight Reinsurance stock in the last year include Barton Hedges, Ian Isaacs and Leonard R Goldberg.

Who bought Greenlight Reinsurance stock? Who is buying Greenlight Reinsurance stock?

Greenlight Reinsurance's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, Fiduciary Management Inc. WI, State Street Corp, Glacier Peak Capital LLC, Harbor Advisors LLC and Trexquant Investment LP.

How do I buy Greenlight Reinsurance stock?

Shares of Greenlight Reinsurance 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 Reinsurance stock cost?

One share of Greenlight Reinsurance stock can currently be purchased for approximately $23.35.

Greenlight Reinsurance (NASDAQ:GLRE) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)

Earnings History Chart

Earnings by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)

Dividend History Chart

Dividend Payments by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)

Last Updated on 2/23/2017 by MarketBeat.com Staff