NASDAQ:GLRE

Greenlight Capital Re Stock Forecast, Price & News

$8.22

-0.02 (-0.24 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$8.04

Now: $8.22▼

$8.37

50-Day Range

$7.07

MA: $7.69▼

$8.24

52-Week Range

$5.00

Now: $8.22▼

$10.35

Volume183,076 shs

Average Volume234,834 shs

Market Capitalization$289.25 million

P/E RatioN/A

Dividend YieldN/A

Beta1.21

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurer 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, mortgage insurance, surety, trade credit, marine, aviation, crop, energy, cyber, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was founded in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

MarketRank^™

Overall MarketRank^™

0.73 out of 5 stars

Finance Sector

1379th out of 1,933 stocks

Fire, Marine, & Casualty Insurance Industry

72nd out of 91 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 214 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Greenlight Capital Re has received 55.15% “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 -4.37, 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 -4.37, 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 0.64. 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

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

Employees40

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 / Sales0.54

Cash FlowN/A

Price / Cash FlowN/A

Book Value$12.90 per share

Price / Book0.64

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$289.25 million

Next Earnings Date3/8/2021 (Estimated)

OptionableOptionable

$8.22

-0.02 (-0.24 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Greenlight Capital Re (NASDAQ:GLRE) Frequently Asked Questions

How has Greenlight Capital Re's stock been impacted by Coronavirus?

Greenlight Capital Re's stock was trading at $7.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GLRE stock has increased by 14.2% and is now trading at $8.22.
View which stocks have been most impacted by COVID-19.

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.

What is Doug Parker's approval rating as Greenlight Capital Re's CEO?

1,448 employees have rated Greenlight Capital Re CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Greenlight Capital Re's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Greenlight Capital Re's next earnings date?

Greenlight Capital Re is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for Greenlight Capital Re.

How were Greenlight Capital Re's earnings last quarter?

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) issued its quarterly earnings results on Monday, November, 9th. The financial services provider reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.16. The financial services provider earned $117.55 million during the quarter. Greenlight Capital Re had a negative net margin of 16.48% and a negative return on equity of 15.47%.
View Greenlight Capital Re's earnings history.

Are investors shorting Greenlight Capital Re?

Greenlight Capital Re saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,590,000 shares, a decline of 29.6% from the December 15th total of 2,260,000 shares. Based on an average daily volume of 222,700 shares, the days-to-cover ratio is currently 7.1 days. Approximately 6.2% of the company's shares are short sold.
View Greenlight Capital Re's Short Interest.

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), RenaissanceRe (RNR), Reinsurance Group of America (RGA), 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).

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 $1.26M)
Ms. Laura Accurso, Gen. Counsel & Corp. Sec. (Age 45, Pay $626.54k)
Mr. Patrick O'Brien, Chief Exec. Officer of Ireland (Age 52, Pay $530.6k)
Mr. Neil W. Greenspan, Chief Financial Officer (Age 54)
Mr. Faramarz Romer, Chief Accounting Officer & Treasurer (Age 45)
Mr. Adam Prior, Sr. VP of Equity Group Inc.
Mr. Thomas James Curnock Ph.D., Chief Risk Officer (Age 50)
Mr. Kagabo Ngiruwonsanga, Head of Pricing & Analytics
Ms. Sherry Diaz, Controller
Mr. Richard Strommer, Chief Actuary

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 number of institutional and retail investors. Top institutional shareholders include FNY Investment Advisers LLC (0.04%).
View institutional ownership trends for Greenlight Capital Re.

Which major investors are buying Greenlight Capital Re stock?

GLRE stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC.
View insider buying and selling activity for Greenlight Capital Re or or view top insider-buying stocks.

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.

What is Greenlight Capital Re's stock price today?

One share of GLRE stock can currently be purchased for approximately $8.22.

How big of a company is Greenlight Capital Re?

Greenlight Capital Re has a market capitalization of $289.25 million and generates $538.15 million in revenue each year. Greenlight Capital Re employs 40 workers across the globe.

What is Greenlight Capital Re's official website?

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

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 1/23/2021 by MarketBeat.com Staff

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