Greenlight Capital Re - GLRE Stock Forecast, Price & News

Greenlight Capital Re's stock was trading at $8.15 at the start of the year. Since then, GLRE shares have increased by 18.9% and is now trading at $9.69.
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Greenlight Capital Re saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 678,700 shares, a decline of 6.9% from the December 31st total of 728,700 shares. Based on an average trading volume of 92,500 shares, the days-to-cover ratio is presently 7.3 days. Currently, 2.6% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 14th 2023.
View our GLRE earnings forecast.

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) posted its quarterly earnings data on Wednesday, November, 3rd. The financial services provider reported ($0.42) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.75) by $0.33. The financial services provider had revenue of $145.45 million for the quarter. Greenlight Capital Re had a trailing twelve-month return on equity of 3.14% and a net margin of 2.73%.

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).

Greenlight Capital Re trades on the NASDAQ under the ticker symbol "GLRE."

Greenlight Capital Re's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.53%), Private Management Group Inc. (0.50%), Ritholtz Wealth Management (0.15%), Simplex Trading LLC (0.01%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Daniel Roitman and Faramarz Romer.
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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.
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One share of GLRE stock can currently be purchased for approximately $9.69.

Greenlight Capital Re (NASDAQ:GLRE) has a market capitalization of $337.41 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 $0.35 on an earnings per share basis.

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.