Greenlight 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?
Some companies that are related to Greenlight Reinsurance include Walker & Dunlop (WD), NBT Bancorp (NBTB), BofI Holding (BOFI), Northwest Bancshares (NWBI), Sabra Healthcare REIT (SBRA), Ares Management L.P. (ARES), Four Corners Property Trust (FCPT), CBL & Associates Properties (CBL), Third Point Reinsurance (TPRE), Chesapeake Lodging Trust (CHSP), Global Net Lease (GNL), Gamco Investors (GBL), Pacific Premier Bancorp (PPBI), Berkshire Hills Bancorp (BHLB), New York REIT (NYRT), Horace Mann Educators Corporation (HMN), WisdomTree Investments (WETF) and Westamerica Bancorporation (WABC).
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?
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)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.
Consensus Ratings for Greenlight Reinsurance (NASDAQ:GLRE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/1/2016 | Langen Mcalenn | Reiterated Rating | Buy | | N/A |  |
| 6/1/2016 | Janney Montgomery Scott | Initiated Coverage | Buy | | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for Greenlight Reinsurance (NASDAQ:GLRE)Earnings History by Quarter for Greenlight Reinsurance (NASDAQ GLRE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 2/22/2017 | 12/31/2016 | $1.52 | $1.31 | $184.60 million | $188.74 million | View | N/A | |
| 11/3/2016 | Q3 2016 | $0.92 | $0.80 | $157.70 million | $145.55 million | View | N/A | |
| 8/1/2016 | Q2 | ($1.09) | ($1.69) | $110.80 million | $87.81 million | View | N/A | |
| 5/2/2016 | Q1 | $0.81 | $0.77 | | $166.28 million | View | N/A | |
| 2/22/2016 | Q4 | ($1.40) | ($1.17) | $55.60 million | $73.75 million | View | Listen | |
| 10/23/2015 | Q315 | ($5.38) | ($5.98) | | ($89.87) million | View | N/A | |
| 8/3/2015 | Q215 | ($0.60) | ($1.06) | $71.81 million | $67.62 million | View | N/A | |
| 5/4/2015 | Q115 | ($0.73) | ($0.65) | $52.60 million | $71.55 million | View | N/A | |
| 2/17/2015 | Q414 | $1.61 | $1.60 | $160.40 million | $148.04 million | View | N/A | |
| 11/3/2014 | Q314 | ($1.47) | ($1.40) | $31.60 million | $25.44 million | View | N/A | |
| 8/4/2014 | Q2 14 | $3.01 | $2.89 | | $201.77 million | View | N/A | |
| 5/5/2014 | Q114 | ($0.19) | ($0.24) | $123.37 million | $101.54 million | View | N/A | |
| 2/18/2014 | | $2.30 | $2.23 | | | View | N/A | |
| 5/6/2013 | Q1 2013 | | $1.52 | | | View | N/A | |
| 2/19/2013 | Q4 2012 | | ($1.65) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Greenlight Reinsurance (NASDAQ:GLRE)2017 EPS Consensus Estimate: $0.40
2018 EPS Consensus Estimate: $2.30
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.27 | $0.27 | $0.27 |
| Q2 2017 | 1 | ($1.00) | ($1.00) | ($1.00) |
| Q3 2017 | 1 | $0.51 | $0.51 | $0.51 |
| Q4 2017 | 1 | $0.62 | $0.62 | $0.62 |
| Q1 2018 | 1 | $0.62 | $0.62 | $0.62 |
| Q2 2018 | 1 | $0.63 | $0.63 | $0.63 |
| Q3 2018 | 1 | $0.48 | $0.48 | $0.48 |
| Q4 2018 | 1 | $0.57 | $0.57 | $0.57 |
(Data provided by Zacks Investment Research)
Dividend History for Greenlight Reinsurance (NASDAQ:GLRE)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/5/2017 | Leonard R Goldberg | Director | Sell | 1,078 | $21.19 | $22,842.82 | |
| 6/5/2017 | Leonard R Goldberg | CEO | Sell | 520 | $20.28 | $10,545.60 | |
| 10/4/2016 | Leonard R Goldberg | Director | Sell | 5,700 | $20.62 | $117,534.00 | |
| 9/14/2016 | Leonard R Goldberg | Director | Sell | 5,555 | $20.31 | $112,822.05 | |
| 9/7/2016 | Ian Isaacs | Director | Sell | 12,000 | $21.45 | $257,400.00 | |
| 8/24/2016 | Leonard R Goldberg | Director | Sell | 5,695 | $21.00 | $119,595.00 | |
| 8/12/2016 | Barton Hedges | CEO | Sell | 50,000 | $20.39 | $1,019,500.00 | |
| 8/3/2016 | Leonard R Goldberg | Director | Sell | 5,145 | $19.85 | $102,128.25 | |
| 7/13/2016 | Leonard R Goldberg | Director | Sell | 5,296 | $20.13 | $106,608.48 | |
| 6/22/2016 | Leonard R Goldberg | Director | Sell | 5,091 | $19.79 | $100,750.89 | |
| 6/2/2016 | Leonard R Goldberg | Director | Sell | 4,657 | $20.25 | $94,304.25 | |
| 5/6/2016 | Daniel Roitman | Director | Buy | 40,000 | $21.01 | $840,400.00 | |
| 11/4/2015 | Daniel Roitman | Director | Buy | 10,000 | $21.93 | $219,300.00 | |
| 7/15/2015 | Leonard R Goldberg | Director | Sell | 10,062 | $29.80 | $299,847.60 | |
| 7/2/2015 | Leonard R Goldberg | Director | Sell | 9,907 | $29.22 | $289,482.54 | |
| 6/17/2015 | Leonard R Goldberg | Director | Sell | 10,213 | $30.65 | $313,028.45 | |
| 6/2/2015 | Leonard R Goldberg | Director | Sell | 10,166 | $30.53 | $310,367.98 | |
| 5/4/2015 | Leonard R Goldberg | Director | Sell | 10,127 | $30.32 | $307,050.64 | |
| 4/22/2015 | Leonard R Goldberg | Director | Sell | 10,177 | $30.37 | $309,075.49 | |
| 4/2/2015 | Leonard R Goldberg | Director | Sell | 10,344 | $31.38 | $324,594.72 | |
| 3/18/2015 | Leonard R Goldberg | Director | Sell | 9,867 | $32.36 | $319,296.12 | |
| 3/3/2015 | Leonard R Goldberg | Director | Sell | 9,928 | $32.70 | $324,645.60 | |
| 2/3/2015 | Leonard R Goldberg | Director | Sell | 9,677 | $31.80 | $307,728.60 | |
| 1/14/2015 | Leonard R Goldberg | Director | Sell | 9,810 | $31.59 | $309,897.90 | |
| 1/2/2015 | Leonard R Goldberg | Director | Sell | 9,900 | $32.41 | $320,859.00 | |
| 11/20/2014 | Barton Hedges | CEO | Sell | 15,856 | $31.64 | $501,683.84 | |
| 11/14/2014 | Leonard R Goldberg | Director | Sell | 7,826 | $31.79 | $248,788.54 | |
| 11/13/2014 | Barton Hedges | CEO | Sell | 16,054 | $32.22 | $517,259.88 | |
| 10/2/2014 | Leonard R Goldberg | Director | Sell | 7,767 | $31.22 | $242,485.74 | |
| 8/4/2014 | Leonard R Goldberg | Director | Sell | 7,929 | $32.65 | $258,881.85 | |
| 7/2/2014 | Leonard R Goldberg | Director | Sell | 7,982 | $32.80 | $261,809.60 | |
| 6/18/2014 | Leonard R Goldberg | Director | Sell | 8,033 | $33.41 | $268,382.53 | |
| 6/16/2014 | Barton Hedges | CEO | Sell | 2,500 | $33.36 | $83,400.00 | |
| 6/3/2014 | Leonard R Goldberg | Director | Sell | 7,857 | $32.25 | $253,388.25 | |
| 5/20/2014 | Barton Hedges | CEO | Sell | 15,812 | $31.51 | $498,236.12 | |
| 5/14/2014 | Leonard R Goldberg | Director | Sell | 7,888 | $32.06 | $252,889.28 | |
| 5/13/2014 | Barton Hedges | CEO | Sell | 16,071 | $32.64 | $524,557.44 | |
| 5/9/2014 | Sherry Diaz | Insider | Sell | 1,429 | $32.12 | $45,899.48 | |
| 5/2/2014 | Leonard R Goldberg | Director | Sell | 7,863 | $32.43 | $254,997.09 | |
| 4/16/2014 | Leonard R Goldberg | Director | Sell | 7,754 | $31.44 | $243,785.76 | |
| 4/2/2014 | Leonard R Goldberg | Director | Sell | 7,935 | $32.82 | $260,426.70 | |
| 3/19/2014 | Leonard R Goldberg | Director | Sell | 7,973 | $32.97 | $262,869.81 | |
| 3/17/2014 | Barton Hedges | CEO | Sell | 2,500 | $32.79 | $81,975.00 | |
| 2/19/2014 | Leonard R Goldberg | Director | Sell | 7,885 | $32.10 | $253,108.50 | |
| 2/4/2014 | Leonard R Goldberg | Director | Sell | 7,742 | $30.74 | $237,989.08 | |
| 1/15/2014 | Leonard R Goldberg | Director | Sell | 8,068 | $33.41 | $269,551.88 | |
(Data available from 1/1/2013 forward)
Headline Trends for Greenlight Reinsurance (NASDAQ:GLRE)
Latest Headlines for Greenlight Reinsurance (NASDAQ:GLRE)
| Source: |
|
| Date | Headline |
|---|
 | Greenlight Reinsurance, Ltd. (GLRE) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - July 23 at 5:34 PM |
 | Inside Einhorn’s Greenlight Capital’s Top Holdings
finance.yahoo.com - July 20 at 4:54 PM |
| Western Digital CEO in Japan to make peace with Toshiba
finance.yahoo.com - July 18 at 8:42 PM |
| DAVID 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 |
 | Greenlight Capital Re to Release Second Quarter 2017 Results
feeds.benzinga.com - July 17 at 8:41 AM |
| Contrasting Greenlight Reinsurance (NASDAQ:GLRE) & Axis Capital Holdings Limited (AXS)
www.americanbankingnews.com - July 16 at 8:30 AM |
| Greenlight Capital takes stake in Toshiba, says its funds fell 4 percent in second quarter
finance.yahoo.com - July 15 at 1:06 AM |
| Greenlight's funds lost 4% in second quarter
finance.yahoo.com - July 14 at 8:05 PM |
| Einhorn's Greenlight Adds Toshiba Stake
finance.yahoo.com - July 14 at 8:05 PM |
| Greenlight 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 |
| Greenlight Capital investors pull out more than $400 million in H1: WSJ
finance.yahoo.com - July 14 at 2:20 AM |
| David Einhorn reportedly sees $400 million flee as another hedge-fund star faces massive outflows
finance.yahoo.com - July 14 at 2:20 AM |
| [$$] David Einhorn’s Hedge Fund Sheds More Than $400 Million in Investor Outflows
finance.yahoo.com - July 14 at 2:20 AM |
| FY2017 Earnings Forecast for Greenlight Reinsurance, Ltd. Issued By Langen Mcalenn (GLRE)
www.americanbankingnews.com - July 13 at 11:06 AM |
| Reviewing Axis Capital Holdings Limited (AXS) & Greenlight Capital Re (NASDAQ:GLRE)
www.americanbankingnews.com - July 13 at 12:24 AM |
| Greenlight Reinsurance, Ltd. (GLRE) Upgraded to Buy by ValuEngine
www.americanbankingnews.com - July 7 at 5:46 PM |
| Insider Selling: Greenlight Reinsurance, Ltd. (GLRE) Director Sells 1,078 Shares of Stock
www.americanbankingnews.com - July 6 at 10:23 PM |
| Einhorn’s Greenlight Fund Drops 2.3% in First Half
finance.yahoo.com - July 1 at 12:27 AM |
| Greenlight Capital Re Ltd. – Value Analysis (NASDAQ:GLRE) : June 30, 2017
finance.yahoo.com - June 30 at 7:23 PM |
| Greenlight Capital Re Ltd. breached its 50 day moving average in a Bullish Manner : GLRE-US : June 29, 2017
finance.yahoo.com - June 29 at 10:59 PM |
| Greenlight Reinsurance (GLRE) & Axis Capital Holdings Limited (AXS) Head-To-Head Survey
www.americanbankingnews.com - June 24 at 12:06 AM |
| [$$] David Einhorn caught in the Hexagon
finance.yahoo.com - June 15 at 4:48 AM |
| [$$] Hedge funds will live to short another day
finance.yahoo.com - June 14 at 6:45 PM |
| Trupanion (TRUP) & Greenlight Capital Re (GLRE) Head-To-Head Comparison
www.americanbankingnews.com - June 8 at 12:50 PM |
| Insider Selling: Greenlight Capital Re, Ltd. (GLRE) CEO Sells 520 Shares of Stock
www.americanbankingnews.com - June 7 at 10:20 AM |
| GM Shareholders Reject Proposal to Divide Shares Into Two Classes
finance.yahoo.com - June 6 at 10:56 PM |
| Greenlight Capital Re, Ltd. (GLRE) Lowered to Hold at ValuEngine
www.americanbankingnews.com - June 6 at 8:33 PM |
| Einhorn's GM Stock Split Vetoed as Shareholders Side With Barra
finance.yahoo.com - June 6 at 5:54 PM |
| GM Shareholders Reject Activist's Proposal to Divide Shares
finance.yahoo.com - June 6 at 5:54 PM |
| Greenlight Capital's David Einhorn to GM: 'Congratulations'
finance.yahoo.com - June 6 at 5:54 PM |
| [$$] GM shareholders reject activist's stock-split campaign
finance.yahoo.com - June 6 at 5:54 PM |
| Greenlight Capital Re, Ltd. (GLRE) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - June 5 at 11:16 PM |
| A.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 |
| General Motors CEO Marry Barra Vs. Activist Investor David Einhorn, Here Comes One Big Showdown
finance.yahoo.com - June 5 at 10:36 PM |
 | GREENLIGHT CAPITAL RE LTD
www.finanznachrichten.de - June 5 at 5:35 PM |
| Q2 2017 EPS Estimates for Greenlight Capital Re, Ltd. Reduced by Langen Mcalenn (GLRE)
www.americanbankingnews.com - June 5 at 7:11 AM |
| Greenlight's Einhorn Has a Plan to Unlock GM Value
finance.yahoo.com - June 3 at 5:15 PM |
| Einhorn Sees Innovation, Not Profits for Musk's Tesla
finance.yahoo.com - June 3 at 5:15 PM |
| Einhorn Says GM Should Be More Like an Ice Cream Stand
finance.yahoo.com - June 3 at 5:15 PM |
 | BRIEF-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 |
 | Greenlight Capital Re, Ltd. Announces Appointment of Simon Burton as Chief Executive Officer
www.nasdaq.com - June 2 at 6:50 PM |
| Greenlight 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 |
| Proxy fight over GM stock heats up ahead of annual meeting
finance.yahoo.com - May 30 at 11:01 AM |
| Glass Lewis backs GM's board nominees, opposes Greenlight's proposal
finance.yahoo.com - May 26 at 6:06 PM |
 | Tracking David Einhorn's Portfolio - Q1 2017 Update
seekingalpha.com - May 17 at 10:29 AM |
| Nitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ...
www.nasdaq.com - May 16 at 11:31 AM |
| Greenlight Capital Re, Ltd. (GLRE) Downgraded by TheStreet to C+
www.americanbankingnews.com - May 13 at 4:36 PM |
| Greenlight Capital Re Ltd. :GLRE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 5:37 PM |
| Greenlight Capital Re, Ltd. (GLRE) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:28 PM |
| Langen Mcalenn Comments on Greenlight Capital Re, Ltd.'s Q2 2017 Earnings (GLRE)
www.americanbankingnews.com - May 8 at 8:15 AM |
Greenlight Reinsurance (GLRE) Chart for Monday, July, 24, 2017
