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:
  • Market Cap: $780.41 million
  • Outstanding Shares: 37,341,000
Average Prices:
  • 50 Day Moving Avg: $21.93
  • 200 Day Moving Avg: $21.31
  • 52 Week Range: $19.25 - $24.10
  • Trailing P/E Ratio: 15.09
  • Foreward P/E Ratio: 8.42
  • P/E Growth: 2.99
Sales & Book Value:
  • Annual Revenue: $647.08 million
  • Price / Sales: 1.21
  • Book Value: $22.66 per share
  • Price / Book: 0.93
  • EBIDTA: $63.22 million
  • Net Margins: 8.42%
  • Return on Equity: 5.96%
  • Return on Assets: 1.85%
  • Current Ratio: 4.86%
  • Quick Ratio: 4.86%
  • Average Volume: 141,581 shs.
  • Beta: 0.75
  • 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 quarterly earnings results on Monday, July, 31st. The company reported ($0.96) earnings per share for the quarter, topping the Zacks' consensus estimate of ($1.00) by $0.04. The business earned $121.48 million during the quarter, compared to analyst estimates 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 Wednesday, November, 1st 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 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 a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.73%), Fiduciary Management Inc. WI (5.53%), Dimensional Fund Advisors LP (5.19%), BBR Partners LLC (1.93%), State Street Corp (1.61%) and Thompson Siegel & Walmsley LLC (1.61%). Company insiders that own Greenlight Reinsurance stock include Barton Hedges, Daniel Roitman, Ian Isaacs, Leonard R Goldberg and Sherry Diaz. 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 Fred Alger Management Inc., Thompson Siegel & Walmsley LLC, Bank of New York Mellon Corp, Alliancebernstein L.P., California State Teachers Retirement System, Citadel Advisors LLC, Royal Bank of Canada and FMR LLC. Company insiders that have sold Greenlight Reinsurance stock in the last year include Leonard R Goldberg and Sherry Diaz. View Insider Buying and Selling for Greenlight Reinsurance.

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

Greenlight Reinsurance's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Vanguard Group Inc., Systematic Financial Management LP, State Street Corp, Menta Capital LLC, Nationwide Fund Advisors, AXA and Fiduciary Management Inc. WI. 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 $21.05.

MarketBeat Community Rating for Greenlight Reinsurance (NASDAQ GLRE)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  55 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  135
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)
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 9/24/2015 forward)


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)


Earnings Estimates for Greenlight Reinsurance (NASDAQ:GLRE)
2017 EPS Consensus Estimate: $0.76
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$0.90$0.90$0.90
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)


Dividend History for Greenlight Reinsurance (NASDAQ:GLRE)
No dividend announcements for this company have been tracked by

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)


Headline Trends for Greenlight Reinsurance (NASDAQ:GLRE)
Latest Headlines for Greenlight Reinsurance (NASDAQ:GLRE)
DateHeadline logoGreenlight Reinsurance, Ltd. (GLRE) Upgraded to "Buy" by Zacks Investment Research - September 18 at 7:00 PM logoIs There Now An Opportunity In Greenlight Capital Re Ltd (GLRE)? - September 16 at 12:45 AM logoGreenlight Reinsurance, Ltd. (GLRE) Rating Lowered to Hold at Zacks Investment Research - September 15 at 11:40 PM logoGreenlight Reinsurance, Ltd. (GLRE) Raised to "Buy" at Zacks Investment Research - September 6 at 11:38 PM logoValuEngine Downgrades Greenlight Reinsurance, Ltd. (GLRE) to Hold - September 3 at 10:56 AM logoZacks Investment Research Upgrades Greenlight Reinsurance, Ltd. (GLRE) to "Buy" - August 29 at 12:28 AM logoGreenlight Reinsurance, Ltd. (GLRE) Cut to Hold at Zacks Investment Research - August 25 at 11:02 PM logoIncreased Earnings Estimates Seen for Greenlight Reinsurance (GLRE): Can It Move Higher? - August 25 at 6:17 AM logoGreenlight Reinsurance, Ltd. (GLRE) Director Sells $39,921.04 in Stock - August 17 at 10:30 AM logoGreenlight Captial Re (GLRE) Names Michael Belfatti as COO - August 17 at 12:16 AM logoGreenlight Capital Re, Ltd. Announces Appointment of Michael Belfatti to Newly Created Position of Chief Operating Officer - August 16 at 7:10 PM logoSherry Diaz Sells 3,055 Shares of Greenlight Reinsurance, Ltd. (GLRE) Stock - August 11 at 4:20 PM logoFor Troubled Toshiba, Auditor Decision Is Key - August 10 at 12:20 AM logoGreenlight Reinsurance, Ltd. (NASDAQ:GLRE) Upgraded to Buy at Zacks Investment Research - August 4 at 8:40 PM logoLangen Mcalenn Analysts Boost Earnings Estimates for Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) - August 4 at 7:42 AM logoLeonard R. Goldberg Sells 1,659 Shares of Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) Stock - August 3 at 10:56 PM logoQ4 2017 EPS Estimates for Greenlight Reinsurance, Ltd. Cut by Langen Mcalenn (GLRE) - August 3 at 12:52 PM logoZacks: Greenlight Reinsurance, Ltd. (NASDAQ:GLRE) Receives Consensus Recommendation of "Strong Buy" from Analysts - August 2 at 10:30 AM logoEdited Transcript of GLRE earnings conference call or presentation 1-Aug-17 1:00pm GMT - August 2 at 5:43 AM logoGreenlight Capital's (GLRE) CEO Simon Burton on Q2 2017 Results - Earnings Call Transcript - August 1 at 7:42 PM logoInvestor Einhorn sees cash burn at Tesla, sticks with short bet - August 1 at 7:42 PM logoGreenlight Reinsurance, Ltd. (GLRE) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS - August 1 at 12:28 PM logoGreenlight Capital Re reports 2Q loss - July 31 at 8:20 PM logoEinhorn's Greenlight Capital gains 2.1 pct in July - source - July 31 at 8:20 PM logoGreenlight Reinsurance, Ltd. (GLRE) Downgraded to "Sell" at BidaskClub - July 23 at 5:34 PM logoInside Einhorn’s Greenlight Capital’s Top Holdings - July 20 at 4:54 PM logoWestern Digital CEO in Japan to make peace with Toshiba - July 18 at 8:42 PM logoDAVID EINHORN: Tesla bulls look at Elon Musk and think of Steve Jobs, but Tesla is not Apple - July 17 at 10:02 AM logoGreenlight Capital Re to Release Second Quarter 2017 Results - July 17 at 8:41 AM logoContrasting Greenlight Reinsurance (NASDAQ:GLRE) & Axis Capital Holdings Limited (AXS) - July 16 at 8:30 AM logoGreenlight Capital takes stake in Toshiba, says its funds fell 4 percent in second quarter - July 15 at 1:06 AM logoGreenlight's funds lost 4% in second quarter - July 14 at 8:05 PM logoEinhorn's Greenlight Adds Toshiba Stake - July 14 at 8:05 PM logoGreenlight Reinsurance, Ltd. to Post Q2 2017 Earnings of ($1.00) Per Share, Langen Mcalenn Forecasts (GLRE) - July 14 at 9:06 AM logoGreenlight Capital investors pull out more than $400 million in H1: WSJ - July 14 at 2:20 AM logoDavid Einhorn reportedly sees $400 million flee as another hedge-fund star faces massive outflows - July 14 at 2:20 AM logo[$$] David Einhorn’s Hedge Fund Sheds More Than $400 Million in Investor Outflows - July 14 at 2:20 AM logoFY2017 Earnings Forecast for Greenlight Reinsurance, Ltd. Issued By Langen Mcalenn (GLRE) - July 13 at 11:06 AM logoReviewing Axis Capital Holdings Limited (AXS) & Greenlight Capital Re (NASDAQ:GLRE) - July 13 at 12:24 AM logoGreenlight Reinsurance, Ltd. (GLRE) Upgraded to Buy by ValuEngine - July 7 at 5:46 PM logoInsider Selling: Greenlight Reinsurance, Ltd. (GLRE) Director Sells 1,078 Shares of Stock - July 6 at 10:23 PM logoEinhorn’s Greenlight Fund Drops 2.3% in First Half - July 1 at 12:27 AM logoGreenlight Capital Re Ltd. – Value Analysis (NASDAQ:GLRE) : June 30, 2017 - June 30 at 7:23 PM logoGreenlight Capital Re Ltd. breached its 50 day moving average in a Bullish Manner : GLRE-US : June 29, 2017 - June 29 at 10:59 PM logoGreenlight Reinsurance (GLRE) & Axis Capital Holdings Limited (AXS) Head-To-Head Survey - June 24 at 12:06 AM logo[$$] David Einhorn caught in the Hexagon - June 15 at 4:48 AM logo[$$] Hedge funds will live to short another day - June 14 at 6:45 PM logoTrupanion (TRUP) & Greenlight Capital Re (GLRE) Head-To-Head Comparison - June 8 at 12:50 PM logoInsider Selling: Greenlight Capital Re, Ltd. (GLRE) CEO Sells 520 Shares of Stock - June 7 at 10:20 AM logoGM Shareholders Reject Proposal to Divide Shares Into Two Classes - June 6 at 10:56 PM



Greenlight Reinsurance (GLRE) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff