NASDAQ:GLRE

Greenlight Capital Re Stock Forecast, Price & News

$9.00

-0.07 (-0.77 %)

(As of 04/9/2021 12:00 AM ET)

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Today's Range

$8.94

Now: $9.00▼

$9.18

50-Day Range

$7.79

MA: $8.56▼

$9.29

52-Week Range

$5.91

Now: $9.00▼

$9.44

Volume65,033 shs

Average Volume214,983 shs

Market Capitalization$316.70 million

P/E RatioN/A

Dividend YieldN/A

Beta1.21

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, such as homeowners' insurance; 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, aviation, crop, energy, 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.

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Fire, marine, & casualty insurance

Sub-IndustryReinsurance

SectorFinance

Current SymbolNASDAQ:GLRE

Previous Symbol

CUSIPG4095J10

CIK1385613

Webwww.greenlightre.ky

Phone34-59-434-57

Employees35

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.22

Current Ratio3.50

Quick Ratio3.50

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$538.15 million

Price / Sales0.59

Cash FlowN/A

Price / Cash FlowN/A

Book Value$12.90 per share

Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-3,990,000.00

Net Margins-16.48%

Return on Equity-15.47%

Return on Assets-5.25%

Miscellaneous

Outstanding Shares35,189,000

Market Cap$316.70 million

Next Earnings Date5/4/2021 (Estimated)

OptionableOptionable

Headlines

Greenlight Capital Re (NASDAQ:GLRE) Shares Cross Above 200 Day Moving Average of $7.69
April 3, 2021 | americanbankingnews.com

Greenlight Re Innovations Announces Investment in SME-focused Credit Insurance Start-up Nimbla
March 26, 2021 | finance.yahoo.com

Greenlight Capital Re: Q4 Earnings Snapshot
March 10, 2021 | finance.yahoo.com

Greenlight Re Announces Fourth Quarter and Year-End 2020 Financial Results
March 10, 2021 | finance.yahoo.com

Greenlight Capital Re Schedules Fourth Quarter and Year End 2020 Financial Results and Conference Call
March 1, 2021 | finance.yahoo.com

Einhorn’s Fund-of-Funds Trounced S&P 500 Last Year With 26% Gain
January 26, 2021 | finance.yahoo.com

Why NeuBase Therapeutics Popped by 16.5% on Friday
January 22, 2021 | finance.yahoo.com

Greenlight Calls Owning Tesla Stock a Fad Amid ‘Silly’ Surge
January 21, 2021 | finance.yahoo.com

Einhorn Gets Fund Back to Near Even With Value Stocks Soaring
December 1, 2020 | finance.yahoo.com

Where Do Hedge Funds Stand On Greenlight Capital Re, Ltd. (GLRE)?
November 29, 2020 | finance.yahoo.com

How Much Did Greenlight Capital Re's (NASDAQ:GLRE) CEO Pocket Last Year?
November 27, 2020 | finance.yahoo.com

Greenlight Capital Re forms marketing company boost presence in London market
November 24, 2020 | seekingalpha.com

Greenlight Capital Re, Ltd. Announces Creation of a UK Marketing Company and the Appointment of Andrew Gladwin
November 24, 2020 | finance.yahoo.com

Greenlight Capital RE Ltd (GLRE) Q3 2020 Earnings Call Transcript
November 6, 2020 | finance.yahoo.com

Greenlight Re Announces Third Quarter 2020 Financial Results
November 4, 2020 | finance.yahoo.com

Florida wealth adviser 'Dr. Cash' hit with fraud charges
November 3, 2020 | finance.yahoo.com

Greenlight Capital Q3 2020 Letter
October 27, 2020 | seekingalpha.com

Greenlight Capital Re Schedules Third Quarter 2020 Financial Results and Conference Call
October 27, 2020 | finance.yahoo.com

If You Had Bought Greenlight Capital Re's (NASDAQ:GLRE) Shares Five Years Ago You Would Be Down 73%
September 28, 2020 | finance.yahoo.com

AM Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries
September 10, 2020 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

0.73 out of 5 stars

Finance Sector

1376th out of 1,947 stocks

Fire, Marine, & Casualty Insurance Industry

71st out of 90 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Greenlight Capital Re.

2.2 Community Rank

Outperform Votes
Greenlight Capital Re has received 174 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Greenlight Capital Re has received 215 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Greenlight Capital Re has received 55.27% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Greenlight Capital Re does not currently pay a dividend.
Dividend Growth
Greenlight Capital Re does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greenlight Capital Re insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 23.82% of the stock of Greenlight Capital Re is held by insiders.
Percentage Held by Institutions
39.49% of the stock of Greenlight Capital Re is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Greenlight Capital Re is -4.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greenlight Capital Re is -4.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Greenlight Capital Re has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$9.00

-0.07 (-0.77 %)

(As of 04/9/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Greenlight Capital Re (NASDAQ:GLRE) Frequently Asked Questions

What stocks does MarketBeat like better than Greenlight Capital Re?

Wall Street analysts have given Greenlight Capital Re a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Greenlight Capital Re wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Greenlight Capital Re?

Greenlight Capital Re saw a decrease in short interest in February. As of February 26th, there was short interest totaling 1,050,000 shares, a decrease of 34.8% from the February 11th total of 1,610,000 shares. Based on an average daily volume of 210,100 shares, the days-to-cover ratio is currently 5.0 days. Currently, 4.1% of the shares of the stock are sold short.
View Greenlight Capital Re's Short Interest.

When is Greenlight Capital Re's next earnings date?

Greenlight Capital Re is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Greenlight Capital Re.

How were Greenlight Capital Re's earnings last quarter?

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) released its earnings results on Tuesday, March, 9th. The financial services provider reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.52. The financial services provider earned $130.90 million during the quarter. Greenlight Capital Re had a negative net margin of 16.48% and a negative trailing twelve-month return on equity of 15.47%.
View Greenlight Capital Re's earnings history.

How has Greenlight Capital Re's stock been impacted by Coronavirus (COVID-19)?

Greenlight Capital Re's stock was trading at $7.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GLRE shares have increased by 25.0% and is now trading at $9.00.
View which stocks have been most impacted by COVID-19.

Who are Greenlight Capital Re's key executives?

Greenlight Capital Re's management team includes the following people:

Mr. Simon Burton, CEO, Chief Underwriting Officer & Director (Age 51, Pay $1.44M)
Mr. Neil W. Greenspan, Chief Financial Officer (Age 53, Pay $606.63k)
Ms. Laura Accurso, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 45, Pay $663.11k)
Mr. Thomas James Curnock Ph.D., Chief Risk Officer (Age 49, Pay $565.61k)
Mr. Patrick O'Brien, Chief Exec. Officer of GRIL (Age 51, Pay $682.49k)
Mr. Faramarz Romer, Chief Accounting Officer & Treasurer (Age 45)
Mr. Adam Prior, Sr. VP of Equity Group Inc.
Mr. Kagabo Ngiruwonsanga, Head of Pricing & Analytics
Ms. Sherry Diaz, Controller
Mr. Richard Strommer, Chief Actuary

Who are some of Greenlight Capital Re's key competitors?

Some companies that are related to Greenlight Capital Re include Everest Re Group (RE), Alleghany (Y), Reinsurance Group of America (RGA), RenaissanceRe (RNR), Enstar Group (ESGR) and Maiden (MHLD).
View all of GLRE's competitors.

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), (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."

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 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 $9.00.

How much money does Greenlight Capital Re make?

Greenlight Capital Re has a market capitalization of $316.70 million and generates $538.15 million in revenue each year.

How many employees does Greenlight Capital Re have?

Greenlight Capital Re employs 35 workers across the globe.

What is Greenlight Capital Re's official website?

The official website for Greenlight Capital Re is www.greenlightre.ky.

Where are Greenlight Capital Re's headquarters?

Greenlight Capital Re is headquartered at 65 MARKET STREET SUITE 1207 CAMANA BAY P.O. BOX 31110, GRAND CAYMAN E9, KY1-1205.

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]

This page was last updated on 4/10/2021 by MarketBeat.com Staff

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