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
  • Sub-Industry: Reinsurance
  • Symbol: NASDAQ:GLRE
  • CUSIP: G4095J10
  • Web: www.greenlightre.ky
Capitalization:
  • Market Cap: $849.51 million
  • Outstanding Shares: 37,341,000
Average Prices:
  • 50 Day Moving Avg: $21.62
  • 200 Day Moving Avg: $21.33
  • 52 Week Range: $19.25 - $24.10
P/E:
  • Trailing P/E Ratio: 16.24
  • Foreward P/E Ratio: 8.18
  • P/E Growth: 3.57
Sales & Book Value:
  • Annual Revenue: $647.08 million
  • Price / Sales: 1.31
  • Book Value: $22.66 per share
  • Price / Book: 1.00
Profitability:
  • EBITDA: $63.22 million
  • Net Margins: 8.42%
  • Return on Equity: 5.96%
  • Return on Assets: 1.85%
Debt:
  • Current Ratio: 4.86%
  • Quick Ratio: 4.86%
Misc:
  • Average Volume: 138,765 shs.
  • Beta: 0.74
  • Short Ratio: 7.2
 

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) posted its earnings results on Monday, July, 31st. The company reported ($0.96) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($1.00) by $0.04. The company earned $121.48 million during the quarter, compared to analysts' expectations of $139.90 million. Greenlight Reinsurance had a net margin of 8.42% and a return on equity of 5.96%. View Greenlight Reinsurance's Earnings History.

When will Greenlight Reinsurance make its next earnings announcement?

Greenlight Reinsurance is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Greenlight Reinsurance.

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

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 $22.75.


MarketBeat Community Rating for Greenlight Reinsurance (NASDAQ GLRE)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  147
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
Consensus Price Target History for Greenlight Reinsurance (NASDAQ:GLRE)
Price Target History for Greenlight Reinsurance (NASDAQ:GLRE)
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 10/19/2015 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
11/1/2017$0.79N/AView Earnings Details
7/31/2017Q2($1.00)($0.96)$139.90 million$121.48 millionViewN/AView Earnings Details
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: $0.51
2018 EPS Consensus Estimate: $2.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.27$0.27$0.27
Q2 20171($1.00)($1.00)($1.00)
Q3 20171$0.65$0.65$0.65
Q4 20171$0.59$0.59$0.59
Q1 20181$0.68$0.68$0.68
Q2 20181$0.75$0.75$0.75
Q3 20181$0.48$0.48$0.48
Q4 20181$0.59$0.59$0.59
(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: 45.43%
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
8/15/2017Leonard R GoldbergDirectorSell1,754$22.76$39,921.04View SEC Filing  
8/9/2017Sherry DiazInsiderSell3,055$23.00$70,265.00View SEC Filing  
8/2/2017Leonard R GoldbergDirectorSell1,659$22.75$37,742.25View SEC Filing  
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
finance.yahoo.com logoEinhorn Says GM Outmaneuvered Him in Stock Split Battle
finance.yahoo.com - October 18 at 11:46 PM
finance.yahoo.com logoGreenlight Capital Re Schedules Third Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - October 17 at 7:50 PM
americanbankingnews.com logoGreenlight Reinsurance, Ltd. to Post Q3 2017 Earnings of $0.65 Per Share, Langen Mcalenn Forecasts (GLRE)
www.americanbankingnews.com - October 12 at 8:16 AM
finance.yahoo.com logoGreenlight Reinsurance & Units' Rating Retained by A.M. Best
finance.yahoo.com - October 4 at 6:03 PM
finance.yahoo.com logoGreenlight Capital Re Ltd. breached its 50 day moving average in a Bullish Manner : GLRE-US : October 3, 2017
finance.yahoo.com - October 3 at 9:14 AM
americanbankingnews.com logoLangen Mcalenn Weighs in on Greenlight Reinsurance, Ltd.'s Q3 2017 Earnings (GLRE)
www.americanbankingnews.com - September 29 at 5:56 AM
finance.yahoo.com logoETFs with exposure to Greenlight Capital Re Ltd. : September 26, 2017
finance.yahoo.com - September 26 at 11:40 AM
finance.yahoo.com logoGreenlight Capital Re Ltd. :GLRE-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017
finance.yahoo.com - September 25 at 10:29 AM
finance.yahoo.com logoIs There Now An Opportunity In Greenlight Capital Re Ltd (GLRE)?
finance.yahoo.com - September 16 at 12:45 AM
finance.yahoo.com logoIncreased Earnings Estimates Seen for Greenlight Reinsurance (GLRE): Can It Move Higher?
finance.yahoo.com - August 25 at 6:17 AM
americanbankingnews.com logoGreenlight Reinsurance, Ltd. (GLRE) Director Sells $39,921.04 in Stock
www.americanbankingnews.com - August 17 at 10:30 AM
streetinsider.com logoGreenlight Captial Re (GLRE) Names Michael Belfatti as COO
www.streetinsider.com - August 17 at 12:16 AM
finance.yahoo.com logoGreenlight Capital Re, Ltd. Announces Appointment of Michael Belfatti to Newly Created Position of Chief Operating Officer
finance.yahoo.com - August 16 at 7:10 PM
americanbankingnews.com logoSherry Diaz Sells 3,055 Shares of Greenlight Reinsurance, Ltd. (GLRE) Stock
www.americanbankingnews.com - August 11 at 4:20 PM
finance.yahoo.com logoFor Troubled Toshiba, Auditor Decision Is Key
finance.yahoo.com - August 10 at 12:20 AM
americanbankingnews.com logoLangen Mcalenn Analysts Boost Earnings Estimates for Greenlight Reinsurance, Ltd. (NASDAQ:GLRE)
www.americanbankingnews.com - August 4 at 7:42 AM
americanbankingnews.com logoLeonard R. Goldberg Sells 1,659 Shares of Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) Stock
www.americanbankingnews.com - August 3 at 10:56 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Greenlight Reinsurance, Ltd. Cut by Langen Mcalenn (GLRE)
www.americanbankingnews.com - August 3 at 12:52 PM
finance.yahoo.com logoEdited Transcript of GLRE earnings conference call or presentation 1-Aug-17 1:00pm GMT
finance.yahoo.com - August 2 at 5:43 AM
seekingalpha.com logoGreenlight Capital's (GLRE) CEO Simon Burton on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 1 at 7:42 PM
finance.yahoo.com logoInvestor Einhorn sees cash burn at Tesla, sticks with short bet
finance.yahoo.com - August 1 at 7:42 PM
americanbankingnews.com logoGreenlight Reinsurance, Ltd. (GLRE) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - August 1 at 12:28 PM
finance.yahoo.com logoGreenlight Capital Re reports 2Q loss
finance.yahoo.com - July 31 at 8:20 PM
finance.yahoo.com logoEinhorn's Greenlight Capital gains 2.1 pct in July - source
finance.yahoo.com - July 31 at 8:20 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[$$] David Einhorn’s Hedge Fund Sheds More Than $400 Million in Investor Outflows
finance.yahoo.com - July 14 at 2:20 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Greenlight Reinsurance, Ltd. Issued By Langen Mcalenn (GLRE)
www.americanbankingnews.com - July 13 at 11:06 AM
americanbankingnews.com logoReviewing Axis Capital Holdings Limited (AXS) & Greenlight Capital Re (NASDAQ:GLRE)
www.americanbankingnews.com - July 13 at 12:24 AM
americanbankingnews.com logoInsider Selling: Greenlight Reinsurance, Ltd. (GLRE) Director Sells 1,078 Shares of Stock
www.americanbankingnews.com - July 6 at 10:23 PM
finanznachrichten.de logoGREENLIGHT CAPITAL RE LTD
www.finanznachrichten.de - June 5 at 5:35 PM
reuters.com logoBRIEF-Greenlight Capital RE- ‍simon Burton will be entitled to receive annual base salary of not less than US$650,000
www.reuters.com - June 2 at 6:50 PM
nasdaq.com logoGreenlight Capital Re, Ltd. Announces Appointment of Simon Burton as Chief Executive Officer
www.nasdaq.com - June 2 at 6:50 PM
seekingalpha.com logoTracking David Einhorn's Portfolio - Q1 2017 Update
seekingalpha.com - May 17 at 10:29 AM
nasdaq.com logoNitorum Capital, L.P. Buys Gartner Inc, Cott Corp, Aramark, Sells VCA Inc, KAR Auction Services ...
www.nasdaq.com - May 16 at 11:31 AM
thestreet.com logoGreenlight Capital Re Enters Oversold Territory (GLRE)
www.thestreet.com - May 4 at 5:37 PM
marketbeat.com logoGreenlight Capital Re posts 1Q profit
marketbeat.com - May 2 at 7:43 PM
reuters.com logoBRIEF-Greenlight Re reports Q1 earnings per share $0.22
www.reuters.com - May 2 at 7:15 PM
globenewswire.com logoGreenlight Capital Re to Release First Quarter 2017 Results
globenewswire.com - April 20 at 5:34 PM
wsj.com logo[$$] GM Under Pressure From Investor David Einhorn to Split Stock in Two Classes
www.wsj.com - March 28 at 10:09 PM
uk.finance.yahoo.com logoActivist targets GM share structure, board
us.rd.yahoo.com - March 28 at 5:07 PM

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Chart

Greenlight Reinsurance (GLRE) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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