Greenlight Capital Re (GLRE) Scheduled to Post Quarterly Earnings on Tuesday

Greenlight Capital Re (NASDAQ:GLREGet Rating) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 3rd. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Greenlight Capital Re (NASDAQ:GLREGet Rating) last released its quarterly earnings data on Tuesday, March 8th. The financial services provider reported $0.71 EPS for the quarter. Greenlight Capital Re had a return on equity of 3.77% and a net margin of 2.99%. The business had revenue of $142.10 million for the quarter.

GLRE opened at $6.87 on Tuesday. Greenlight Capital Re has a one year low of $6.51 and a one year high of $9.71. The company has a market cap of $232.51 million, a P/E ratio of 13.74 and a beta of 1.32. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.46 and a current ratio of 3.46. The business’s 50-day simple moving average is $7.06 and its 200-day simple moving average is $7.24.

Separately, StockNews.com downgraded Greenlight Capital Re from a “buy” rating to a “hold” rating in a report on Thursday, April 7th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its stake in Greenlight Capital Re by 427.4% during the 2nd quarter. Wells Fargo & Company MN now owns 166,193 shares of the financial services provider’s stock worth $1,517,000 after buying an additional 134,683 shares during the last quarter. Invesco Ltd. grew its stake in Greenlight Capital Re by 5.0% during the 3rd quarter. Invesco Ltd. now owns 82,707 shares of the financial services provider’s stock worth $611,000 after buying an additional 3,974 shares during the last quarter. Millennium Management LLC purchased a new position in Greenlight Capital Re during the 3rd quarter worth approximately $293,000. BNP Paribas Arbitrage SA grew its stake in Greenlight Capital Re by 57.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 7,964 shares of the financial services provider’s stock worth $59,000 after buying an additional 2,892 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Greenlight Capital Re by 4.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 113,980 shares of the financial services provider’s stock worth $842,000 after buying an additional 4,871 shares during the last quarter. Institutional investors and hedge funds own 45.30% of the company’s stock.

About Greenlight Capital Re (Get Rating)

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, 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, transactional liability, mortgage insurance, surety, trade credit, marine, energy, aviation, crop, cyber, political, and terrorism products.

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Earnings History for Greenlight Capital Re (NASDAQ:GLRE)

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