Greenlight Reinsurance Company Profile (NASDAQ:GLRE)

About Greenlight Reinsurance (NASDAQ:GLRE)

Greenlight Reinsurance logoGreenlight Capital Re, Ltd. is a holding company. The Company analyzes its underwriting operations using 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 significant losses emanating from one event or multiple events. It conducts its reinsurance operations through two licensed and regulated reinsurance entities: Greenlight Reinsurance, Ltd. (Greenlight Re), based in the Cayman Islands, and Greenlight Reinsurance Ireland, Ltd. (GRIL), based in Ireland. Greenlight Re is engaged in writing property and casualty reinsurance business, as well as long term business, such as life insurance, long term disability and long term care, among others. GRIL is a non-life reinsurance undertaking. Verdant Holding Company, Ltd. makes strategic investments in a select group of property and casualty insurers, and general agents.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Reinsurance - NEC
  • Sub-Industry: Reinsurance
  • Symbol: NASDAQ:GLRE
  • CUSIP: G4095J10
  • Web: www.greenlightre.ky
Capitalization:
  • Market Cap: $793.66 million
  • Outstanding Shares: 37,438,000
Average Prices:
  • 50 Day Moving Avg: $20.71
  • 200 Day Moving Avg: $21.68
  • 52 Week Range: $19.25 - $24.10
P/E:
  • Trailing P/E Ratio: 32.67
  • Foreward P/E Ratio: 9.22
  • P/E Growth: 3.59
Sales & Book Value:
  • Annual Revenue: $608.66 million
  • Price / Sales: 1.30
  • Book Value: $23.60 per share
  • Price / Book: 0.90
Profitability:
  • EBIDTA: $49.74 million
  • Net Margins: 4.20%
  • Return on Equity: 2.85%
  • Return on Assets: 0.90%
Debt:
  • Current Ratio: 5.29%
  • Quick Ratio: 5.29%
Misc:
  • Average Volume: 113,832 shs.
  • Beta: 0.76
  • Short Ratio: 8.51
 
Frequently Asked Questions for Greenlight Reinsurance (NASDAQ:GLRE)

What is Greenlight Reinsurance's stock symbol?

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

How were Greenlight Reinsurance's earnings last quarter?

Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) released its earnings results on Thursday, November, 3rd. The company reported $0.80 EPS for the quarter, missing analysts' consensus estimates of $0.92 by $0.12. The business had revenue of $145.55 million for the quarter, compared to analyst estimates of $157.70 million. Greenlight Reinsurance had a return on equity of 2.85% and a net margin of 4.20%. View Greenlight Reinsurance's Earnings History.

Who are some of Greenlight Reinsurance's key competitors?

Who are Greenlight Reinsurance's key executives?

Greenlight Reinsurance's management team includes the folowing people:

  • David M Einhorn, Non - Independent Chairman of the Board
  • Simon Burton, Chief Executive Officer
  • Tim Courtis, Chief Financial Officer
  • Brendan Barry, Chief Underwriter Officer
  • Joseph P. Platt Jr., Independent Lead Director
  • Leonard R. Goldberg, Director
  • Alan Michael Brooks, Independent Director
  • Ian Isaacs, Independent Director
  • Frank D. Lackner, Independent Director

Who owns Greenlight Reinsurance stock?

Greenlight Reinsurance's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Moon Capital Management LLC (0.19%), Aperio Group LLC (0.04%) and Bank of Montreal Can (0.01%). Company insiders that own Greenlight Reinsurance stock include Barton Hedges, Daniel Roitman, Ian Isaacs and Leonard R Goldberg. View Institutional Ownership Trends for Greenlight Reinsurance.

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 Bank of Montreal Can. Company insiders that have sold Greenlight Reinsurance stock in the last year include Barton Hedges, Ian Isaacs and Leonard R Goldberg. View Insider Buying and Selling for Greenlight Reinsurance.

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

Greenlight Reinsurance's stock was acquired by a variety of institutional investors in the last quarter, including Aperio Group LLC and Moon Capital Management LLC. View Insider Buying and Selling for Greenlight Reinsurance.

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.

What is Greenlight Reinsurance's stock price today?

One share of Greenlight Reinsurance stock can currently be purchased for approximately $21.20.


MarketBeat Community Rating for Greenlight Reinsurance (NASDAQ GLRE)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  36 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  91
MarketBeat's community ratings are surveys of what our community members think about Greenlight Reinsurance and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Greenlight Reinsurance (NASDAQ:GLRE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Greenlight Reinsurance (NASDAQ:GLRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/1/2016Langen McalennReiterated RatingBuyN/AView Rating Details
6/1/2016Janney Montgomery ScottInitiated CoverageBuyN/AView Rating Details
(Data available from 7/24/2015 forward)

Earnings

Earnings History for Greenlight Reinsurance (NASDAQ:GLRE)
Earnings by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)
Earnings History by Quarter for Greenlight Reinsurance (NASDAQ GLRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/201712/31/2016$1.52$1.31$184.60 million$188.74 millionViewN/AView Earnings Details
11/3/2016Q3 2016$0.92$0.80$157.70 million$145.55 millionViewN/AView Earnings Details
8/1/2016Q2($1.09)($1.69)$110.80 million$87.81 millionViewN/AView Earnings Details
5/2/2016Q1$0.81$0.77$166.28 millionViewN/AView Earnings Details
2/22/2016Q4($1.40)($1.17)$55.60 million$73.75 millionViewListenView Earnings Details
10/23/2015Q315($5.38)($5.98)($89.87) millionViewN/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 million$71.55 millionViewN/AView Earnings Details
2/17/2015Q414$1.61$1.60$160.40 million$148.04 millionViewN/AView Earnings Details
11/3/2014Q314($1.47)($1.40)$31.60 million$25.44 millionViewN/AView Earnings Details
8/4/2014Q2 14$3.01$2.89$201.77 millionViewN/AView Earnings Details
5/5/2014Q114($0.19)($0.24)$123.37 million$101.54 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)
2017 EPS Consensus Estimate: $0.40
2018 EPS Consensus Estimate: $2.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.27$0.27$0.27
Q2 20171($1.00)($1.00)($1.00)
Q3 20171$0.51$0.51$0.51
Q4 20171$0.62$0.62$0.62
Q1 20181$0.62$0.62$0.62
Q2 20181$0.63$0.63$0.63
Q3 20181$0.48$0.48$0.48
Q4 20181$0.57$0.57$0.57
(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 and Institutional Ownership History for Greenlight Reinsurance (NASDAQ:GLRE)
Insider Ownership Percentage: 21.81%
Institutional Ownership Percentage: 47.80%
Insider Trades by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)
Institutional Ownership by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)
Insider Trades by Quarter for Greenlight Reinsurance (NASDAQ:GLRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/5/2017Leonard R GoldbergDirectorSell1,078$21.19$22,842.82View SEC Filing  
6/5/2017Leonard R GoldbergCEOSell520$20.28$10,545.60View SEC Filing  
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

Headline Trends for Greenlight Reinsurance (NASDAQ:GLRE)
Latest Headlines for Greenlight Reinsurance (NASDAQ:GLRE)
Source:
DateHeadline
americanbankingnews.com logoGreenlight Reinsurance, Ltd. (GLRE) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - July 23 at 5:34 PM
finance.yahoo.com logoInside Einhorn’s Greenlight Capital’s Top Holdings
finance.yahoo.com - July 20 at 4:54 PM
finance.yahoo.com logoWestern Digital CEO in Japan to make peace with Toshiba
finance.yahoo.com - July 18 at 8:42 PM
finance.yahoo.com logoDAVID EINHORN: Tesla bulls look at Elon Musk and think of Steve Jobs, but Tesla is not Apple
finance.yahoo.com - July 17 at 10:02 AM
feeds.benzinga.com logoGreenlight Capital Re to Release Second Quarter 2017 Results
feeds.benzinga.com - July 17 at 8:41 AM
americanbankingnews.com logoContrasting Greenlight Reinsurance (NASDAQ:GLRE) & Axis Capital Holdings Limited (AXS)
www.americanbankingnews.com - July 16 at 8:30 AM
finance.yahoo.com logoGreenlight Capital takes stake in Toshiba, says its funds fell 4 percent in second quarter
finance.yahoo.com - July 15 at 1:06 AM
finance.yahoo.com logoGreenlight's funds lost 4% in second quarter
finance.yahoo.com - July 14 at 8:05 PM
finance.yahoo.com logoEinhorn's Greenlight Adds Toshiba Stake
finance.yahoo.com - July 14 at 8:05 PM
americanbankingnews.com logoGreenlight Reinsurance, Ltd. to Post Q2 2017 Earnings of ($1.00) Per Share, Langen Mcalenn Forecasts (GLRE)
www.americanbankingnews.com - July 14 at 9:06 AM
finance.yahoo.com logoGreenlight Capital investors pull out more than $400 million in H1: WSJ
finance.yahoo.com - July 14 at 2:20 AM
finance.yahoo.com logoDavid Einhorn reportedly sees $400 million flee as another hedge-fund star faces massive outflows
finance.yahoo.com - July 14 at 2:20 AM
finance.yahoo.com logo[$$] David Einhorn’s Hedge Fund Sheds More Than $400 Million in Investor Outflows
finance.yahoo.com - July 14 at 2:20 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Greenlight Reinsurance, Ltd. Issued By Langen Mcalenn (GLRE)
www.americanbankingnews.com - July 13 at 11:06 AM
americanbankingnews.com logoReviewing Axis Capital Holdings Limited (AXS) & Greenlight Capital Re (NASDAQ:GLRE)
www.americanbankingnews.com - July 13 at 12:24 AM
americanbankingnews.com logoGreenlight Reinsurance, Ltd. (GLRE) Upgraded to Buy by ValuEngine
www.americanbankingnews.com - July 7 at 5:46 PM
americanbankingnews.com logoInsider Selling: Greenlight Reinsurance, Ltd. (GLRE) Director Sells 1,078 Shares of Stock
www.americanbankingnews.com - July 6 at 10:23 PM
finance.yahoo.com logoEinhorn’s Greenlight Fund Drops 2.3% in First Half
finance.yahoo.com - July 1 at 12:27 AM
finance.yahoo.com logoGreenlight Capital Re Ltd. – Value Analysis (NASDAQ:GLRE) : June 30, 2017
finance.yahoo.com - June 30 at 7:23 PM
finance.yahoo.com logoGreenlight Capital Re Ltd. breached its 50 day moving average in a Bullish Manner : GLRE-US : June 29, 2017
finance.yahoo.com - June 29 at 10:59 PM
americanbankingnews.com logoGreenlight Reinsurance (GLRE) & Axis Capital Holdings Limited (AXS) Head-To-Head Survey
www.americanbankingnews.com - June 24 at 12:06 AM
finance.yahoo.com logo[$$] David Einhorn caught in the Hexagon
finance.yahoo.com - June 15 at 4:48 AM
finance.yahoo.com logo[$$] Hedge funds will live to short another day
finance.yahoo.com - June 14 at 6:45 PM
americanbankingnews.com logoTrupanion (TRUP) & Greenlight Capital Re (GLRE) Head-To-Head Comparison
www.americanbankingnews.com - June 8 at 12:50 PM
americanbankingnews.com logoInsider Selling: Greenlight Capital Re, Ltd. (GLRE) CEO Sells 520 Shares of Stock
www.americanbankingnews.com - June 7 at 10:20 AM
finance.yahoo.com logoGM Shareholders Reject Proposal to Divide Shares Into Two Classes
finance.yahoo.com - June 6 at 10:56 PM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Lowered to Hold at ValuEngine
www.americanbankingnews.com - June 6 at 8:33 PM
finance.yahoo.com logoEinhorn's GM Stock Split Vetoed as Shareholders Side With Barra
finance.yahoo.com - June 6 at 5:54 PM
finance.yahoo.com logoGM Shareholders Reject Activist's Proposal to Divide Shares
finance.yahoo.com - June 6 at 5:54 PM
finance.yahoo.com logoGreenlight Capital's David Einhorn to GM: 'Congratulations'
finance.yahoo.com - June 6 at 5:54 PM
finance.yahoo.com logo[$$] GM shareholders reject activist's stock-split campaign
finance.yahoo.com - June 6 at 5:54 PM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - June 5 at 11:16 PM
finance.yahoo.com logoA.M. Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries Following the Appointment of Simon Burton as CEO
finance.yahoo.com - June 5 at 10:36 PM
finance.yahoo.com logoGeneral Motors CEO Marry Barra Vs. Activist Investor David Einhorn, Here Comes One Big Showdown
finance.yahoo.com - June 5 at 10:36 PM
finanznachrichten.de logoGREENLIGHT CAPITAL RE LTD
www.finanznachrichten.de - June 5 at 5:35 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Greenlight Capital Re, Ltd. Reduced by Langen Mcalenn (GLRE)
www.americanbankingnews.com - June 5 at 7:11 AM
finance.yahoo.com logoGreenlight's Einhorn Has a Plan to Unlock GM Value
finance.yahoo.com - June 3 at 5:15 PM
finance.yahoo.com logoEinhorn Sees Innovation, Not Profits for Musk's Tesla
finance.yahoo.com - June 3 at 5:15 PM
finance.yahoo.com logoEinhorn Says GM Should Be More Like an Ice Cream Stand
finance.yahoo.com - June 3 at 5:15 PM
reuters.com logoBRIEF-Greenlight Capital RE- ‍simon Burton will be entitled to receive annual base salary of not less than US$650,000
www.reuters.com - June 2 at 6:50 PM
nasdaq.com logoGreenlight Capital Re, Ltd. Announces Appointment of Simon Burton as Chief Executive Officer
www.nasdaq.com - June 2 at 6:50 PM
americanbankingnews.com logoGreenlight Capital Re, Ltd. to Post Q3 2018 Earnings of $0.48 Per Share, Langen Mcalenn Forecasts (GLRE)
www.americanbankingnews.com - June 2 at 9:50 AM
finance.yahoo.com logoProxy fight over GM stock heats up ahead of annual meeting
finance.yahoo.com - May 30 at 11:01 AM
finance.yahoo.com logoGlass Lewis backs GM's board nominees, opposes Greenlight's proposal
finance.yahoo.com - May 26 at 6:06 PM
seekingalpha.com logoTracking David Einhorn's Portfolio - Q1 2017 Update
seekingalpha.com - May 17 at 10:29 AM
nasdaq.com logoNitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ...
www.nasdaq.com - May 16 at 11:31 AM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Downgraded by TheStreet to C+
www.americanbankingnews.com - May 13 at 4:36 PM
finance.yahoo.com logoGreenlight Capital Re Ltd. :GLRE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 5:37 PM
americanbankingnews.com logoGreenlight Capital Re, Ltd. (GLRE) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:28 PM
americanbankingnews.com logoLangen Mcalenn Comments on Greenlight Capital Re, Ltd.'s Q2 2017 Earnings (GLRE)
www.americanbankingnews.com - May 8 at 8:15 AM

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Chart

Greenlight Reinsurance (GLRE) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff